NMI Holdings, Inc. (NMIH)
NASDAQ: NMIH · Real-Time Price · USD
38.65
-0.23 (-0.59%)
Nov 13, 2026, 4:00 PM EST - Market closed
NMI Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 620.24 | 602.21 | 564.69 | 510.77 | 475.27 | 444.29 |
Total Interest & Dividend Income | 118.66 | 102.94 | 85.32 | 67.51 | 46.41 | 38.07 |
Gain (Loss) on Sale of Investments | -0.24 | 0.43 | 0.02 | -0.03 | 0.48 | 0.73 |
Other Revenue | 0.99 | 0.86 | 0.94 | 0.76 | 1.19 | 1.98 |
| 739.65 | 706.44 | 650.97 | 579 | 523.35 | 485.07 | |
Revenue Growth | 6.85% | 8.52% | 12.43% | 10.63% | 7.89% | 11.95% |
Policy Benefits | 84.09 | 57.65 | 31.54 | 22.62 | -3.59 | 12.31 |
Policy Acquisition & Underwriting Costs | 100.69 | 97.62 | 96.49 | 91.79 | 100.07 | 136.17 |
Selling, General & Administrative | 2.1 | 2.1 | 2.1 | 2 | 2 | 2.3 |
Other Operating Expenses | 0.76 | 0.6 | 0.72 | 0.77 | 1.09 | 2.51 |
Total Operating Expenses | 207.83 | 178.16 | 150.66 | 134.09 | 114.99 | 153.29 |
Operating Income | 531.83 | 528.28 | 500.31 | 444.92 | 408.36 | 331.78 |
Interest Expense | -28.48 | -28.48 | -36.9 | -32.21 | -32.16 | -31.8 |
Other Non Operating Income (Expenses) | - | - | - | - | 1.11 | 0.57 |
EBT Excluding Unusual Items | 503.34 | 499.8 | 463.41 | 412.7 | 377.31 | 300.55 |
Other Unusual Items | - | - | - | - | - | -3.83 |
Pretax Income | 503.34 | 499.8 | 463.41 | 412.7 | 377.31 | 296.73 |
Income Tax Expense | 110.54 | 110.88 | 103.31 | 90.59 | 84.4 | 65.6 |
Net Income | 392.81 | 388.93 | 360.11 | 322.11 | 292.9 | 231.13 |
Net Income to Common | 392.81 | 388.93 | 360.11 | 322.11 | 292.9 | 231.13 |
Net Income Growth | 3.13% | 8.00% | 11.80% | 9.97% | 26.73% | 34.72% |
Shares Outstanding (Basic) | 76 | 78 | 80 | 82 | 85 | 86 |
Shares Outstanding (Diluted) | 77 | 79 | 81 | 84 | 86 | 87 |
Shares Change | -3.21% | -2.75% | -3.08% | -2.49% | -1.02% | 9.62% |
EPS (Basic) | 5.17 | 5.01 | 4.51 | 3.91 | 3.45 | 2.70 |
EPS (Diluted) | 5.09 | 4.92 | 4.43 | 3.84 | 3.39 | 2.65 |
EPS Growth | 6.28% | 11.06% | 15.37% | 13.18% | 27.86% | 24.71% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 424.25 | 412.52 | 386.7 | 333.31 | 302.82 | 313.48 |
Free Cash Flow Per Share | 5.50 | 5.22 | 4.76 | 3.98 | 3.52 | 3.61 |
Operating Margin | 71.90% | 74.78% | 76.85% | 76.84% | 78.03% | 68.40% |
Profit Margin | 53.11% | 55.05% | 55.32% | 55.63% | 55.97% | 47.65% |
Free Cash Flow Margin | 57.36% | 58.39% | 59.40% | 57.57% | 57.86% | 64.63% |
EBITDA | 541.8 | 539.54 | 512.24 | 456.46 | 420.23 | 343.02 |
EBITDA Margin | 73.25% | 76.38% | 78.69% | 78.83% | 80.30% | 70.71% |
D&A For EBITDA | 9.98 | 11.26 | 11.94 | 11.54 | 11.87 | 11.23 |
EBIT | 531.83 | 528.28 | 500.31 | 444.92 | 408.36 | 331.78 |
EBIT Margin | 71.90% | 74.78% | 76.85% | 76.84% | 78.03% | 68.40% |
Effective Tax Rate | 21.96% | 22.18% | 22.29% | 21.95% | 22.37% | 22.11% |
Revenue as Reported | 739.65 | 706.44 | 650.97 | 579 | 523.35 | 485.07 |