NMI Holdings (NMIH) EBIT Margin (2013 - 2026)
NMI Holdings (NMIH) recorded EBIT Margin of 65.89% in Q2 2026, up 2.50 percentage points from 63.39% a year earlier and up 9.05 percentage points from the prior quarter.
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Analysis
NMI Holdings (NMIH) EBIT Margin (2013 - 2026) Analysis & Trends
On a TTM basis, NMI Holdings' EBIT Margin came in at 59.28% as of Jun 30, 2026, down 5.42 percentage points year-over-year; for FY2025, it was 62.59%, down 3.75 percentage points from FY2024.
- Annual EBIT Margin has declined for three straight years, though with a five-year change of +6.62 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 66.34% in FY2024 (-1.03 pp), 67.37% in FY2023 (-4.04 pp), 71.41% in FY2022 (+12.77 pp) and 58.63% in FY2021 (+2.67 pp).
- The Q2 2026 figure is the highest quarterly EBIT Margin since Q1 2025.
- On a year-over-year basis, EBIT Margin rose in two of the last eight quarters, with an average year-over-year change of -4.42 percentage points.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 15.17 percentage points in Q2 2022, against a drop of 16.41 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 56.84% (Q1 2026), 55.32% (Q4 2025) and 58.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -32.86% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 22.27% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 14.33% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 17.70% |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 20.04% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | 7.83% |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 17.18% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 19.73% |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -3.13% |
| 10 | NMI Holdings | 2.90 Bn | 2.64 Bn | 158.44 Mn | 67.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 67.94% |
| Jun 30, 2026 | 76.67% |
| Mar 31, 2026 | 71.97% |
| Dec 31, 2025 | 70.98% |
| Sep 30, 2025 | 73.21% |
| Jun 30, 2025 | 75.22% |
| Mar 31, 2025 | 79.93% |
| Dec 31, 2024 | 70.85% |
| Sep 30, 2024 | 76.10% |
| Jun 30, 2024 | 82.24% |
| Mar 31, 2024 | 78.47% |
| Dec 31, 2023 | 59.06% |
| Sep 30, 2023 | 77.86% |
| Jun 30, 2023 | 78.56% |
| Mar 31, 2023 | 76.19% |
| Dec 31, 2022 | 70.83% |
| Sep 30, 2022 | 70.10% |
| Jun 30, 2022 | 68.51% |
| Mar 31, 2022 | 64.54% |
| Dec 31, 2021 | 59.27% |
API Access
NMI Holdings EBIT Margin 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=ebit-margin&ticker=NMIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();