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) Free cash flow
NMI Holdings Inc's free cash flow for fiscal 2025 was $412.5M, up 6.68% from $386.7M in fiscal 2024. Over the twelve months to 30 September 2026 it was $424.3M. Over the past ten years it has ranged from $35.3M (fiscal 2015) to $412.5M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. NMI Holdings Inc ranks 8th of 15 Insurance Specialty companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $412.5M | 6.68% |
| FY2024 | $386.7M | 16.02% |
| FY2023 | $333.3M | 10.07% |
| FY2022 | $302.8M | (3.40%) |
| FY2021 | $313.5M | 30.38% |
| FY2020 | $240.4M | 21.31% |
| FY2019 | $198.2M | 43.83% |
| FY2018 | $137.8M | 132.56% |
| FY2017 | $59.3M | (2.02%) |
| FY2016 | $60.5M | 71.18% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $108.9M | (22.34%) |
| Jun 2026 | $140.2M | 21.97% |
| Mar 2026 | $115.0M | 91.35% |
| Dec 2025 | $60.1M | (52.41%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FNF Fidelity National Financial, Inc. compare | $5.4B |
| AXS Axis Capital Holdings Limited compare | $2.6B |
| RDN Radian Group Inc. compare | $1.4B |
| ESNT Essent Group Ltd. compare | $825.9M |
| FAF First American Financial Corporation compare | $805.8M |
| ACT Enact Holdings, Inc. compare | $712.7M |
| MTG MGIC Investment Corporation compare | $707.7M |
| NMIH NMI Holdings Inc | $441.6M |
| AGO Assured Guaranty Ltd. compare | $324.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on NMIH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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