NMI Holdings (NMIH) EBITDA (2013 - 2026)
NMI Holdings (NMIH) posted EBITDA of $126.27 million for Q2 2026, up 11.8% from $112.99 million a year earlier and up 18.3% from the prior quarter.
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Analysis
NMI Holdings (NMIH) EBITDA (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at NMI Holdings was $443.68 million, down 1.7% year-over-year; for FY2025, it was $453.42 million, up 2.2% from FY2024.
- Annual EBITDA has increased for nine consecutive years, with a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- In prior years, NMI Holdings' EBITDA was $443.8 million in FY2024 (+10.5%), $401.63 million in FY2023 (+4.2%), $385.58 million in FY2022 (+30.4%) and $295.65 million in FY2021 (+17.1%).
- The Q2 2026 figure stands as the highest quarterly EBITDA since Q1 2025.
- On a year-over-year basis, EBITDA increased in five of the last eight quarters, with growth averaging 3.6%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2022, with growth of 38.7%; the weakest was Q1 2026, with a decline of 17.7%.
- According to Business Quant data, EBITDA for the three prior quarters was $106.76 million (Q1 2026), $102.67 million (Q4 2025) and $107.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.86 Bn | 87.44 Bn | 9.13 Bn | - |
| 2 | Progressive | 133.10 Bn | 108.94 Bn | 9.04 Bn | -10.28 Bn |
| 3 | Marsh & Mclennan Companies | 94.00 Bn | 86.16 Bn | - | 1.45 Bn |
| 4 | Travelers Companies | 85.39 Bn | 61.63 Bn | 6.23 Bn | -1.20 Bn |
| 5 | Manulife Financial | 77.56 Bn | -17.32 Bn | - | - |
| 6 | Arthur J. Gallagher | 68.84 Bn | 63.24 Bn | - | 943.00 Mn |
| 7 | Metlife | 66.26 Bn | -40.52 Bn | 7.82 Bn | - |
| 8 | Allstate | 66.10 Bn | 27.37 Bn | 8.73 Bn | -5.63 Bn |
| 9 | Aon | 64.95 Bn | 58.17 Bn | - | 1.14 Bn |
| 10 | NMI Holdings | 3.22 Bn | 2.90 Bn | 174.74 Mn | 126.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.91 Mn |
| Mar 31, 2026 | 107.39 Mn |
| Dec 31, 2025 | 103.29 Mn |
| Sep 30, 2025 | 108.58 Mn |
| Jun 30, 2025 | 113.59 Mn |
| Mar 31, 2025 | 130.37 Mn |
| Dec 31, 2024 | 97.17 Mn |
| Sep 30, 2024 | 112.56 Mn |
| Jun 30, 2024 | 121.90 Mn |
| Mar 31, 2024 | 114.38 Mn |
| Dec 31, 2023 | 82.04 Mn |
| Sep 30, 2023 | 105.86 Mn |
| Jun 30, 2023 | 104.51 Mn |
| Mar 31, 2023 | 92.75 Mn |
| Dec 31, 2022 | 88.07 Mn |
| Sep 30, 2022 | 86.34 Mn |
| Jun 30, 2022 | 86.21 Mn |
| Mar 31, 2022 | 78.73 Mn |
| Dec 31, 2021 | 71.02 Mn |
| Sep 30, 2021 | 67.16 Mn |
API Access
NMI Holdings EBITDA 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=ebitda&ticker=NMIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();