NMI Holdings (NMIH) Debt to Equity (2019 - 2026)

NMI Holdings' (NMIH) quarterly Debt to Equity came in at $0.16 in Q1 2026, down 11.4% year-on-year from $0.18 in Q1 2025, and down 1.42% quarter-over-quarter from $0.16 in Q4 2025.

NMI Holdings (NMIH) Debt to Equity (2019 - 2026) Analysis & Trends

NMI Holdings has disclosed Debt to Equity across 8 years of filings, most recently posting $0.16 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.16, down 11.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.16 (down 11.4% YoY), and the FY2025 annual result was $0.16, down 14.06% from the prior year.
  • Debt to Equity came in at $0.16 for Q1 2026 at NMI Holdings, down from $0.16 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.26 in Q3 2022 to a low of $0.16 in Q1 2026.
  • The 5-year median for Debt to Equity is $0.2 (2024), against an average of $0.21.
  • Across the five-year window, Debt to Equity declined 0.28% in 2022 and dropped 15.89% in 2023, its largest moves.
  • NMI Holdings' Debt to Equity stood at $0.25 in 2022, then decreased by 15.89% to $0.21 in 2023, then decreased by 9.31% to $0.19 in 2024, then decreased by 14.06% to $0.16 in 2025, then fell by 1.42% to $0.16 in 2026.
  • The last three Debt to Equity figures came in at $0.16 (Q1 2026), $0.16 (Q4 2025), and $0.17 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Fidelity National Financial 12.62 Bn 9.96 Bn 2.62 Bn -
2 Axis Capital Holdings 7.48 Bn 6.61 Bn - 0.01
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 0.13
6 Essent 5.48 Bn 5.48 Bn - 0.09
7 Radian 4.76 Bn 4.68 Bn 368.17 Mn 0.10
8 Ryan Specialty Holdings 4.49 Bn 4.92 Bn - 5.61
9 Assured Guaranty 3.43 Bn -489.19 Mn 216.00 Mn -
10 NMI Holdings 2.86 Bn 2.78 Bn 152.85 Mn 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.16
Sep 30, 2025 0.17
Jun 30, 2025 0.17
Mar 31, 2025 0.18
Dec 31, 2024 0.19
Sep 30, 2024 0.19
Jun 30, 2024 0.20
Mar 31, 2024 0.20
Dec 31, 2023 0.21
Sep 30, 2023 0.22
Jun 30, 2023 0.23
Mar 31, 2023 0.23
Dec 31, 2022 0.25
Sep 30, 2022 0.26
Jun 30, 2022 0.26
Mar 31, 2022 0.26
Dec 31, 2021 0.25
Sep 30, 2021 0.26
Jun 30, 2021 0.27