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NI Holdings (NI Holdings) Pre-Tax Income : $-4.3 Mil (TTM As of Dec. 2023)


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What is NI Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. NI Holdings's pretax income for the three months ended in Dec. 2023 was $11.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.3 Mil. NI Holdings's pretax margin was 12.21%.

During the past 10 years, NI Holdings's highest Pretax Margin was 18.44%. The lowest was -21.28%. And the median was 12.06%.


NI Holdings Pre-Tax Income Historical Data

The historical data trend for NI Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NI Holdings Pre-Tax Income Chart

NI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.81 52.82 11.31 -69.03 -4.26

NI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 -5.51 -10.40 0.13 11.53

Competitive Comparison of NI Holdings's Pre-Tax Income

For the Insurance - Property & Casualty subindustry, NI Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NI Holdings's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NI Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where NI Holdings's Pre-Tax Income falls into.



NI Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

NI Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-4.263
=-4.3

NI Holdings's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+11.526
=11.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NI Holdings  (NAS:NODK) Pre-Tax Income Explanation

NI Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=11.526/94.414
=12.21%

During the past 10 years, NI Holdings's highest Pretax Margin was 18.44%. The lowest was -21.28%. And the median was 12.06%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NI Holdings Pre-Tax Income Related Terms

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NI Holdings (NI Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1101 First Avenue North, Fargo, ND, USA, 58102
NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.
Executives
Patrick W. Duncan officer: Vice President of Operations 1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad director 1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander director, officer: President & CEO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett officer: EVP of Strategy 1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius officer: Vice President of Finance 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom officer: Executive Vice President & CFO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson officer: Regional Sales Director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc. 10 percent owner 1101 FIRST AVENUE NORTH, FARGO ND 58102