NMI Holdings Inc
NMIH Financial Insurance Specialty
NMI Holdings Inc’s revenue for fiscal 2025 (year ended December 2025) was $706.4 million, up 8.52% from fiscal 2024.
- Revenue
- +4.96%
- EPS
- +0.81%
- Free cash flow
- +10.7%
- Total debt
- +0.48%
Quarter to September 2026, against a year earlier
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NMI Holdings Inc (NMIH) EBITDA
NMI Holdings Inc's EBITDA for fiscal 2025 was $537.9M, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $544.4M. Over the past ten years it has ranged from −$20.6M (fiscal 2015) to $537.9M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 10 consecutive fiscal years. NMI Holdings Inc ranks 8th of 15 Insurance Specialty companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $537.9M | 4.77% |
| FY2024 | $513.4M | 11.87% |
| FY2023 | $458.9M | 6.99% |
| FY2022 | $428.9M | 23.13% |
| FY2021 | $348.3M | 33.91% |
| FY2020 | $260.1M | 8.25% |
| FY2019 | $240.3M | 46.83% |
| FY2018 | $163.7M | 115.19% |
| FY2017 | $76.1M | 116.48% |
| FY2016 | $35.1M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $146.6M | 9.02% |
| Mar 2026 | $134.4M | 2.99% |
| Dec 2025 | $130.5M | (1.74%) |
| Sep 2025 | $132.9M | (0.33%) |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| FNF Fidelity National Financial, Inc. compare | $2.9B |
| FAF First American Financial Corporation compare | $1.4B |
| AXS Axis Capital Holdings Limited compare | $1.3B |
| ACT Enact Holdings, Inc. compare | $912.2M |
| MTG MGIC Investment Corporation compare | $910.0M |
| ESNT Essent Group Ltd. compare | $872.0M |
| RDN Radian Group Inc. compare | $804.1M |
| NMIH NMI Holdings Inc | $544.4M |
| AGO Assured Guaranty Ltd. compare | $436.0M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on NMIH
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement