NMI Holdings (NMIH) Debt Ratio (2019 - 2026)
NMI Holdings' (NMIH) quarterly Debt Ratio came in at 0.11 in Q1 2026, down 11.19% year-on-year from 0.12 in Q1 2025, and down 1.64% quarter-over-quarter from 0.11 in Q4 2025.
NMI Holdings (NMIH) Debt Ratio (2019 - 2026) Analysis & Trends
NMI Holdings has disclosed Debt Ratio across 8 years of filings, most recently posting 0.11 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.11, down 11.19% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.11 (down 11.19% YoY), and the FY2025 annual result was 0.11, down 12.39% from the prior year.
- Debt Ratio came in at 0.11 for Q1 2026 at NMI Holdings, down from 0.11 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.17 in Q2 2022 to a low of 0.11 in Q1 2026.
- The 5-year median for Debt Ratio is 0.13 (2024), against an average of 0.14.
- Across the five-year window, Debt Ratio advanced 0.12% in 2022 and slipped 14.1% in 2023, its largest moves.
- NMI Holdings' Debt Ratio stood at 0.16 in 2022, then retreated by 14.1% to 0.14 in 2023, then decreased by 8.35% to 0.12 in 2024, then retreated by 12.39% to 0.11 in 2025, then declined by 1.64% to 0.11 in 2026.
- The last three Debt Ratio figures came in at 0.11 (Q1 2026), 0.11 (Q4 2025), and 0.11 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.62 Bn | 9.96 Bn | 2.62 Bn | - |
| 2 | Axis Capital Holdings | 7.48 Bn | 6.61 Bn | - | 0.00 |
| 3 | First American Financial | 7.03 Bn | 4.14 Bn | 1.24 Bn | - |
| 4 | Enact Holdings | 5.98 Bn | 5.43 Bn | 205.74 Mn | - |
| 5 | Mgic Investment | 5.62 Bn | 5.37 Bn | 202.12 Mn | 0.10 |
| 6 | Essent | 5.48 Bn | 5.48 Bn | - | 0.07 |
| 7 | Radian | 4.76 Bn | 4.68 Bn | 368.17 Mn | 0.05 |
| 8 | Ryan Specialty Holdings | 4.49 Bn | 4.92 Bn | - | 0.32 |
| 9 | Assured Guaranty | 3.43 Bn | -489.19 Mn | 216.00 Mn | - |
| 10 | NMI Holdings | 2.86 Bn | 2.78 Bn | 152.85 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 0.11 |
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.12 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.16 |
| Jun 30, 2021 | 0.17 |