← NMI Holdings, Inc. NMIH
Market Price
$45.70
Market Cap
$3.45B
P/E Ratio
9.29
Revenue (FY 2025)
↑8.5% YoY
$706.44M
3-Yr CAGR: 10.5%
Net Income
↑8.0% YoY
$388.93M
Net Margin: 55.1%
Free Cash Flow
↑6.7% YoY
$412.52M
FCF Yield: 11.95%
EPS (Diluted)
↑11.1% YoY
$4.92
Basic: $5.01
Return on Equity
Efficiency
15.0%
ROA: 10.1%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (NMIH)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $123.8M | — | $106.6M | $65.8M | — | $1.08 | — | $71.9M | $60.5M | — |
| FY 2017 | $182.7M | +47.6% | $163.9M | $22.1M | -66.5% | $0.35 | -67.6% | $67.8M | $59.3M | -2.0% |
| FY 2018 | $275.0M | +50.5% | $254.6M | $107.9M | +389.5% | $1.60 | +357.1% | $145.9M | $137.8M | +132.6% |
| FY 2019 | $378.8M | +37.7% | $354.2M | $172.0M | +59.3% | $2.47 | +54.4% | $208.2M | $198.2M | +43.8% |
| FY 2020 | $433.3M | +14.4% | $349.6M | $171.6M | -0.2% | $2.13 | -13.8% | $252.6M | $240.4M | +21.3% |
| FY 2021 | $485.1M | +12.0% | $441.0M | $231.1M | +34.7% | $2.65 | +24.4% | $325.7M | $313.5M | +30.4% |
| FY 2022 | $523.3M | +7.9% | $491.2M | $292.9M | +26.7% | $3.39 | +27.9% | $313.4M | $302.8M | -3.4% |
| FY 2023 | $579.0M | +10.6% | $524.9M | $322.1M | +10.0% | $3.84 | +13.3% | $342.7M | $333.3M | +10.1% |
| FY 2024 | $651.0M | +12.4% | $582.5M | $360.1M | +11.8% | $4.43 | +15.4% | $393.6M | $386.7M | +16.0% |
| FY 2025 | $706.4M | +8.5% | $621.1M | $388.9M | +8.0% | $4.92 | +11.1% | $419.3M | $412.5M | +6.7% |
Valuation
Market Price
$45.70
Market Cap
$3.45B
Enterprise Value
N/A
P/E Ratio
9.29
P/B Ratio
1.34
FCF Yield
11.95%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
87.92%
Operating Margin
60.59%
Net Margin
55.05%
Return on Equity (ROE)
15.00%
Return on Assets (ROA)
10.13%
Asset Turnover
0.18x
Revenue 3-Yr CAGR
10.52%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$19.20M
Total Debt
N/A
Book Value / Share
$34.12
Cash Flow Efficiency
Operating Cash Flow
$419.30M
Capital Expenditures (CapEx)
$6.78M
Free Cash Flow
$412.52M
OCF / Revenue
59.35%
FCF / Revenue
58.39%
FCF 3-Yr CAGR
10.85%
Per Share Metrics
EPS (Diluted)
$4.92
EPS (Basic)
$5.01
Dividends / Share
N/A
Book Value / Share
$34.12
EPS YoY Growth
11.06%
Balance Sheet (FY 2025)
Total Assets
$3.84B
Total Liabilities
$478.89M
Stockholders' Equity
$2.59B
Current Assets
N/A
Current Liabilities
N/A