NI HOLDINGS, INC. (NODK) Return on equity 2016–2025
NI HOLDINGS, INC. (NODK) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-4.3%FY2025 · since FY2016: 3.0% → -4.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -4.3% | -1.9 pp |
| FY2024 | -2.5% | -0.3 pp |
| FY2023 | -2.2% | +18.8 pp |
| FY2022 | -21.0% | -23.4 pp |
| FY2021 | 2.4% | -9.2 pp |
| FY2020 | 11.6% | +3.1 pp |
| FY2019 | 8.5% | -2.7 pp |
| FY2018 | 11.3% | +5.0 pp |
| FY2017 | 6.3% | +3.3 pp |
| FY2016 | 3.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice