NMI Holdings (NMIH) Deferred Taxes (2016 - 2026)
NMI Holdings' Deferred Taxes was $21.11 million in Q2 2026, up 25.5% from $16.82 million a year earlier and up 11.9% from the prior quarter.
NMI Holdings (NMIH) Deferred Taxes (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, NMI Holdings' Deferred Taxes was $70.38 million through Jun 30, 2026, down 2.5% year-over-year; for FY2025, it was $71.77 million, down 11.1% from FY2024.
- Deferred Taxes shows a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- In earlier years, Deferred Taxes was $80.7 million in FY2024 (-10.9%), $90.59 million in FY2023 (+7.3%), $84.39 million in FY2022 (+28.8%) and $65.51 million in FY2021 (+40.9%).
- The Q2 2026 figure marks the highest quarterly Deferred Taxes since Q1 2025.
- Compared with a year earlier, Deferred Taxes was higher in three of the last eight quarters, with an average decline of 12.3%.
- The best year-over-year quarter for Deferred Taxes over five years was Q3 2021 (growth of 54.5%); the worst was Q3 2024 (a decline of 35.7%).
- Per Business Quant data, NMIH's Deferred Taxes in the three quarters before Q2 2026 was $18.86 million (Q1 2026), $13.61 million (Q4 2025) and $16.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.78 Bn | 85.36 Bn | 9.13 Bn | 174.00 Mn |
| 2 | Progressive | 130.21 Bn | 106.04 Bn | 9.04 Bn | - |
| 3 | Marsh & Mclennan Companies | 91.84 Bn | 84.00 Bn | - | - |
| 4 | Travelers Companies | 84.58 Bn | 60.83 Bn | 6.23 Bn | - |
| 5 | Manulife Financial | 77.09 Bn | -17.79 Bn | - | 67.95 Mn |
| 6 | Arthur J. Gallagher | 67.53 Bn | 61.93 Bn | - | -11.00 Mn |
| 7 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | - |
| 8 | Allstate | 64.71 Bn | 25.98 Bn | 8.73 Bn | - |
| 9 | Aon | 63.66 Bn | 56.88 Bn | - | -41.00 Mn |
| 10 | NMI Holdings | 3.13 Bn | 2.81 Bn | 174.74 Mn | 21.11 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.11 Mn |
| Mar 31, 2026 | 18.86 Mn |
| Dec 31, 2025 | 13.61 Mn |
| Sep 30, 2025 | 16.80 Mn |
| Jun 30, 2025 | 16.82 Mn |
| Mar 31, 2025 | 24.54 Mn |
| Dec 31, 2024 | 16.69 Mn |
| Sep 30, 2024 | 14.14 Mn |
| Jun 30, 2024 | 26.05 Mn |
| Mar 31, 2024 | 23.81 Mn |
| Dec 31, 2023 | 24.83 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 22.90 Mn |
| Mar 31, 2023 | 20.87 Mn |
| Dec 31, 2022 | 22.75 Mn |
| Sep 30, 2022 | 20.89 Mn |
| Jun 30, 2022 | 21.71 Mn |
| Mar 31, 2022 | 19.05 Mn |
| Dec 31, 2021 | 17.56 Mn |
| Sep 30, 2021 | 17.26 Mn |
NMI Holdings Deferred Taxes 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=deferred-taxes&ticker=NMIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();