NMI Holdings (NMIH) Debt Ratio (2015 - 2026)
NMI Holdings' Debt Ratio was 0.10 in Q2 2026, down 9.7% from 0.12 a year earlier and down 2.1% from the prior quarter.
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Analysis
NMI Holdings (NMIH) Debt Ratio (2015 - 2026) Analysis & Trends
For FY2025, Debt Ratio at NMI Holdings came in at 0.11, down 12.4% from FY2024.
- Debt Ratio has now declined for five consecutive years.
- In earlier years, Debt Ratio was 0.12 in FY2024 (-8.3%), 0.14 in FY2023 (-14.1%), 0.16 in FY2022 (-2.2%) and 0.16 in FY2021 (-11.3%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio in data going back to Q4 2019.
- Compared with a year earlier, Debt Ratio has declined for 15 straight quarters, with an average decline of 11.0% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2022 (growth of 0.1%); the worst was Q4 2023 (a decline of 14.1%).
- Per Business Quant data, NMIH's Debt Ratio in the three quarters before Q2 2026 was 0.11 (Q1 2026), 0.11 (Q4 2025) and 0.11 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.65 Bn | 84.23 Bn | 9.13 Bn | 0.07 |
| 2 | Progressive | 129.27 Bn | 105.11 Bn | 9.04 Bn | 0.07 |
| 3 | Marsh & Mclennan Companies | 90.79 Bn | 82.95 Bn | - | 0.34 |
| 4 | Travelers Companies | 83.98 Bn | 60.23 Bn | 6.23 Bn | 0.06 |
| 5 | Manulife Financial | 77.09 Bn | -17.80 Bn | - | 0.06 |
| 6 | Arthur J. Gallagher | 66.40 Bn | 60.80 Bn | - | 0.16 |
| 7 | Metlife | 65.77 Bn | -41.01 Bn | 7.82 Bn | 0.01 |
| 8 | Allstate | 64.29 Bn | 25.56 Bn | 8.73 Bn | 0.06 |
| 9 | Aon | 62.89 Bn | 56.11 Bn | - | 0.28 |
| 10 | NMI Holdings | 3.09 Bn | 2.77 Bn | 174.74 Mn | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| 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 |
API Access
NMI Holdings Debt Ratio 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=debt-ratio&ticker=NMIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();