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
DateValue
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