stockrowNMI 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) Operating margin
NMI Holdings Inc's operating margin over the twelve months to 30 September 2026 was 71.9%, down 2.9 percentage points from fiscal 2025 (74.8%). Over the past ten years it has ranged from −48.0% (fiscal 2015) to 78.2% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Insurance Specialty industry median of 15.2% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 74.8% | (2.08) |
| FY2024 | 76.9% | 0.02 |
| FY2023 | 76.8% | (1.40) |
| FY2022 | 78.2% | 10.51 |
| FY2021 | 67.7% | 11.76 |
| FY2020 | 56.0% | (4.42) |
| FY2019 | 60.4% | 5.51 |
| FY2018 | 54.9% | 18.59 |
| FY2017 | 36.3% | 15.05 |
| FY2016 | 21.2% | 69.25 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 67.9% | (8.73) |
| Jun 2026 | 76.7% | 4.70 |
| Mar 2026 | 72.0% | 0.99 |
| Dec 2025 | 71.0% | (2.23) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MTG MGIC Investment Corporation compare | 76.2% |
| NMIH NMI Holdings Inc | 73.2% |
| ESNT Essent Group Ltd. compare | 64.5% |
| RDN Radian Group Inc. compare | 48.7% |
| AGO Assured Guaranty Ltd. compare | 46.4% |
| AXS Axis Capital Holdings Limited compare | 18.2% |
| FAF First American Financial Corporation compare | 15.2% |
| FNF Fidelity National Financial, Inc. compare | 12.9% |
| ACT Enact Holdings, Inc. compare | 0.00% |
| Insurance Specialty industry median | 15.2% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NMIH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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