NMI Holdings (NMIH) Cash from Operations (2012 - 2026)
NMI Holdings (NMIH) posted Cash from Operations of $142.63 million for Q2 2026, up 11.1% from $128.36 million a year earlier and up 22.9% from the prior quarter.
NMI Holdings (NMIH) Cash from Operations (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at NMI Holdings was $448.51 million, up 13.9% year-over-year; for FY2025, it was $419.3 million, up 6.5% from FY2024.
- Annual Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- In prior years, NMI Holdings' Cash from Operations was $393.6 million in FY2024 (+14.9%), $342.68 million in FY2023 (+9.3%), $313.39 million in FY2022 (-3.8%) and $325.72 million in FY2021 (+28.9%).
- The Q2 2026 figure stands as the highest quarterly Cash from Operations in data going back to Q4 2012.
- On a year-over-year basis, Cash from Operations has increased in each of the last three quarters, with growth averaging 15.4% over the last eight quarters.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q4 2025, with growth of 72.4%; the weakest was Q4 2022, with a decline of 28.3%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $116.09 million (Q1 2026), $61.74 million (Q4 2025) and $128.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.78 Bn | 87.37 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 133.09 Bn | 108.92 Bn | 9.04 Bn | 3.61 Bn |
| 3 | Marsh & Mclennan Companies | 93.74 Bn | 85.90 Bn | - | 1.48 Bn |
| 4 | Travelers Companies | 85.55 Bn | 61.80 Bn | 6.23 Bn | 1.92 Bn |
| 5 | Manulife Financial | 77.47 Bn | -17.41 Bn | - | 3.00 Bn |
| 6 | Arthur J. Gallagher | 69.00 Bn | 63.40 Bn | - | 10.00 Mn |
| 7 | Allstate | 66.08 Bn | 27.35 Bn | 8.73 Bn | 2.63 Bn |
| 8 | Metlife | 65.91 Bn | -40.87 Bn | 7.82 Bn | 2.23 Bn |
| 9 | Aon | 65.00 Bn | 58.22 Bn | - | 556.00 Mn |
| 10 | NMI Holdings | 3.20 Bn | 2.88 Bn | 174.74 Mn | 142.63 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 142.63 Mn |
| Mar 31, 2026 | 116.09 Mn |
| Dec 31, 2025 | 61.74 Mn |
| Sep 30, 2025 | 128.05 Mn |
| Jun 30, 2025 | 128.36 Mn |
| Mar 31, 2025 | 101.15 Mn |
| Dec 31, 2024 | 35.82 Mn |
| Sep 30, 2024 | 128.42 Mn |
| Jun 30, 2024 | 117.79 Mn |
| Mar 31, 2024 | 111.57 Mn |
| Dec 31, 2023 | 30.12 Mn |
| Sep 30, 2023 | 120.83 Mn |
| Jun 30, 2023 | 101.91 Mn |
| Mar 31, 2023 | 89.84 Mn |
| Dec 31, 2022 | 31.79 Mn |
| Sep 30, 2022 | 107.77 Mn |
| Jun 30, 2022 | 93.52 Mn |
| Mar 31, 2022 | 80.31 Mn |
| Dec 31, 2021 | 44.34 Mn |
| Sep 30, 2021 | 98.84 Mn |
NMI Holdings Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NMIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "NMIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();