NI Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '25 Dec 5, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Market Capitalization	273	324	267	280	402	350	Upgrade
Market Cap Growth	-16.72%	21.29%	-4.64%	-30.19%	14.77%	-7.94%	Upgrade
Enterprise Value	250	287	236	228	358	282	Upgrade
PE Ratio	120.48	-	-	-	47.71	8.66	Upgrade
PS Ratio	0.93	1.00	0.88	1.05	1.24	1.14	Upgrade
PB Ratio	1.12	1.33	1.07	1.11	1.16	1.00	Upgrade
P/FCF Ratio	-	18.97	11.73	-	14.12	6.94	Upgrade
P/OCF Ratio	-	17.93	11.40	-	13.77	6.86	Upgrade
EV/Sales Ratio	0.84	0.88	0.78	0.85	1.11	0.92	Upgrade
EV/EBITDA Ratio	32.45	21.33	11.11	-	28.71	5.23	Upgrade
EV/EBIT Ratio	35.56	22.47	11.50	-	31.67	5.34	Upgrade
EV/FCF Ratio	-	16.80	10.37	-	12.60	5.60	Upgrade
Debt / Equity Ratio	0.01	0.01	-	-	-	-	Upgrade
Debt / EBITDA Ratio	0.19	0.13	-	-	-	-	Upgrade
Debt / FCF Ratio	-	0.11	-	-	-	-	Upgrade
Quick Ratio	0.44	0.44	0.28	0.38	0.44	0.65	Upgrade
Current Ratio	0.52	0.50	0.70	0.50	0.52	0.70	Upgrade
Asset Turnover	0.54	0.55	0.48	0.42	0.51	0.54	Upgrade
Return on Equity (ROE)	1.07%	2.67%	7.88%	-12.88%	2.39%	12.55%	Upgrade
Return on Assets (ROA)	0.80%	1.35%	2.02%	-5.22%	1.11%	5.86%	Upgrade
Return on Capital (ROIC)	1.80%	3.21%	5.10%	-11.00%	2.03%	10.02%	Upgrade
Earnings Yield	0.95%	-1.87%	-2.05%	-18.94%	2.10%	11.54%	Upgrade
FCF Yield	-2.64%	5.27%	8.53%	-8.09%	7.08%	14.40%	Upgrade
Buyback Yield / Dilution	-0.91%	0.69%	0.46%	1.49%	1.30%	1.45%	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.