TORVANTA
Other · S&P 500 · data as of 2026-10-05

NIC stock analysis: NIC

NIC (NIC) is an S&P 500 company in Other.

The model's view of NIC · subscribers

Where NIC ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with NIC · updated 2026-10-05 · from prices and SEC filings

NIC price performance

NIC against the S&P 500, one year
+0%+20%NIC +24%S&P 500 +18%2025-09-292026-10-05
Year to date+36.6%S&P 500 +14.5% · ahead by 22.1 pts
1 year+24.4%S&P 500 +17.0% · ahead by 7.4 pts
3 years+139.4%S&P 500 +89.3% · ahead by 50.1 pts
5 years+124.8%S&P 500 +91.3% · ahead by 33.5 pts

Total returns with dividends reinvested.

NIC factor grades

Each grade compares NIC with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C+ValueP/E 18.7x (industry 20.1x)FCF yield 5.0% (industry 6.0%)
CGrowthEPS growth +1% (industry +10%)
–Profitability
BMomentum12-month change +24%From 52-wk high -8%

NIC key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$3.5B
Revenue growth (y/y)n/a
Free-cash-flow yield5.0%
Dividend yield0.8%
Next earnings (expected)2026-10-22
Valuation measures
Market value$3.5B
Enterprise value$3.1B
P/E (trailing)18.7x
Forward P/E (Torvanta estimate)18.6x
Price / book1.5x
Financial highlights
Net income, last 12 months$154.2M
EPS, last 12 months (GAAP)$8.80
Return on equity8.9%
Cash$465.2M
Total debt$92.8M
Debt / equity0.04x
Free cash flow, last 12 months$174.1M

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

NIC earnings trends

Revenue vs earnings
$0$14.2M$28.5M$42.7M$56.9MSep 2024 Net income: $32.5MDec 2024 Net income: $34.5MMar 2025 Net income: $32.6MJun 2025 Net income: $36.0MSep 2025 Net income: $41.7MDec 2025 Net income: $40.3MMar 2026 Net income: $15.2MJun 2026 Net income: $56.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.7$1.4$2.1$2.7Sep 2024 EPS (GAAP, diluted): $2.1Dec 2024 EPS (GAAP, diluted): $2.2Mar 2025 EPS (GAAP, diluted): $2.1Jun 2025 EPS (GAAP, diluted): $2.3Sep 2025 EPS (GAAP, diluted): $2.7Dec 2025 EPS (GAAP, diluted): $2.6Mar 2026 EPS (GAAP, diluted): $0.8Jun 2026 EPS (GAAP, diluted): $2.6Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +30% · Dec 2025 +19% · Mar 2026 -61% · Jun 2026 +12%

From the company's 10-Q and 10-K filings with the SEC.

NIC financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Net income$60.7M$94.3M$61.5M$124.1M$150.7M
EPS (GAAP)$5.47$6.56$4.07$8.05$9.79
Free cash flow$84.9M$105.2M$89.8M$117.2M$149.4M

NIC earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-21$2.62+12%n/a-0.3%
2026-04-21$0.81-61%n/a-8.6%
2026-01-20$2.64+19%n/a+11.2%
2025-10-23$2.73+30%n/a-6.1%
2025-07-15$2.34+22%n/a+4.4%
2025-04-15$2.08+14%n/a+6.2%

About NIC

HeadquartersGreen Bay, WI
Industry (SEC code)National Commercial Banks
Fiscal year endsDecember 31
Incorporated inWI
Listed onNYSE

From the company's SEC registration record.

Companies similar to NIC

CompanyMarket valueP/ERevenue growthOperating margin12-month change
NIC NIC$3.5B18.7xn/an/a+24%
PVH PVH$3.5Bn/a+2%4.1%-10%compare
VECO VECO$3.4B156.4x-3%2.7%+78%compare
ACAD ACAD$3.5B9.0x+12%7.6%-8%compare
LIF LIF$3.5B24.8x+34%1.1%-61%
IRT IRT$3.5B81.8x+3%n/a-6%
OSIS OSIS$3.4B22.0x+4%12.3%-21%

All Other stock ratings

Frequently asked questions

Is NIC stock a buy?

Torvanta does not tell individuals what to buy. Its grades for NIC are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is NIC's P/E ratio?

NIC trades at about 18.7 times its last 12 months of GAAP earnings reported to the SEC, and about 18.6 times Torvanta's own estimate of the next 12 months.

When does NIC report earnings next?

Based on its filing history, Torvanta expects NIC to report around 2026-10-22.

Does NIC pay a dividend?

Yes. Its dividend yield is about 0.8%, and it has raised its dividend 2 years in a row.

How has NIC performed against the S&P 500?

Over the past year NIC returned +24.4%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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