Superworth

NI profit margin NODK

Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.

Net margin, 12 months
2.9%
Net margin on a year earlier
+2.4 pts
Peer median
7.7%

Over the twelve months to Jun 30, 2026, NI kept 2.9% of its revenue as net profit.

Five years earlier its net margin was 10.1%.

The median for 10 property and casualty insurers of a similar size is 7.7%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY2025−3.7%
FY2024−1.9%
FY2023−1.6%
FY2022−16.4%
FY20212.6%
FY202013.2%
FY20199.8%
FY201814.6%
FY20178.5%
FY20162.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY262.9%+2.4 pts
Q1 FY26−1.6%+0.3 pts
Q4 FY25−3.7%−1.8 pts
Q3 FY250.9%+3.6 pts
Q2 FY250.5%+2.4 pts
Q1 FY25−1.9%−3.4 pts
Q4 FY24−1.9%−0.2 pts
Q3 FY24−2.7%+0.7 pts
Q2 FY24−1.9%+4.3 pts
Q1 FY241.6%+19.0 pts
Q4 FY23−1.6%+14.7 pts
Q3 FY23−3.4%+11.8 pts

Against its peers

Companies in Insurance - Property & Casualty nearest NI's size, closest first, today.

CompanyProfit margin
NODKNI2.9%
KINSKingstone Companies14.8%
GBLIGlobal Indemnity Group, LLC7.5%
AMSFAmerisafe14.0%
GLREGreenlight Capital RE7.8%
JRVRJames River4.7%
ACICAMERICAN COASTAL INSURANCE30.3%
AIIAmerican Integrity Insurance26.2%
DGICADonegal7.4%
ROOTRoot3.9%
EIGEmployers0.9%
Peer median7.7%

Where NI ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on NI

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.