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

44.13 0.17 +0.39%
Market cap
$3.3B
P/E
8.5×
Fwd P/E
8.0×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

NMI Holdings Inc (NMIH) EBITDA

Alert me on 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

Against its own ten years

Low −$20.6M High $537.9M
Ten-year median $260.1M
Current reading's percentile 100

EBITDA against peers

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

The full definition of EBITDA →

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