NI HOLDINGS, INC. (NODK) Gross margin 2016–2025
NI HOLDINGS, INC. (NODK) gross margin by fiscal year — reported gross profit divided by reported revenue.
24.5%FY2025 · since FY2016: 20.9% → 24.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 24.5% | -7.1 pp |
| FY2024 | 31.6% | -3.2 pp |
| FY2023 | 34.7% | +23.5 pp |
| FY2022 | 11.2% | -14.5 pp |
| FY2021 | 25.7% | -11.9 pp |
| FY2020 | 37.6% | +9.3 pp |
| FY2019 | 28.3% | -7.7 pp |
| FY2018 | 36.1% | +6.1 pp |
| FY2017 | 30.0% | +9.1 pp |
| FY2016 | 20.9% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice