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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, NMI Holdings Inc (NMIH) trades at a price to free cash flow of 7.8×. Over the past ten years it has ranged from 0.0× (September 2015) to 53.3× (October 2015); the current reading is higher than 59% of that period. That is below the Insurance Specialty industry median of 8.4× and below the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 7.7× 1.13%
FY2024 7.6× 3.50%
FY2023 7.3× 23.70%
FY2022 5.9× (0.66%)
FY2021 6.0× (18.81%)
FY2020 7.4× (35.03%)
FY2019 11.3× 34.32%
FY2018 8.4× (53.00%)
FY2017 17.9× 69.85%
FY2016 10.5× (6.19%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 6.6× (6.34%)
Jun 2026 7.1× 5.63%
Mar 2026 6.7× (13.04%)
Dec 2025 7.7× 0.05%
43 more quarters

Against its own ten years

Low 0.0× High 53.3×
Ten-year median 7.5×
Current reading's percentile 59

Price to free cash flow against peers

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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