NMI Holdings (NMIH) EBT Margin (2013 - 2026)
NMI Holdings (NMIH) reported EBT Margin of 80.71% for Q1 2026, down 724.0% on a YoY basis from 12.93% in Q1 2025, and up 71.0% sequentially from 47.2% in Q4 2025.
NMI Holdings (NMIH) EBT Margin (2013 - 2026) Analysis & Trends
NMI Holdings (NMIH) has 14 years of EBT Margin data on file, last reported at 80.71% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 724.0% year-over-year to 80.71%; the trailing twelve-month figure through Mar 2026 stood at 66.98% (down 758.0% YoY), and the FY2025 full-year result was 70.75%, down 44.0% from the prior year.
- EBT Margin advanced to 80.71% in Q1 2026, from 47.2% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 87.95% in Q1 2025 to a low of 47.2% in Q4 2025.
- A 5-year average of 75.06% and a median of 74.46% in 2022 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 1514 bps in 2022 and plunged 1939 bps in 2025, its largest moves.
- Tracing NMIH's EBT Margin over 5 years: stood at 79.26% in 2022, then dropped by 0 bps to 79.12% in 2023, then slipped by 16 bps to 66.59% in 2024, then slipped by 29 bps to 47.2% in 2025, then surged by 71 bps to 80.71% in 2026.
- Business Quant data shows NMIH's EBT Margin at 80.71% in Q1 2026, 47.2% in Q4 2025, and 81.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 15.44% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 20.81% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 13.41% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 87.86% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 69.62% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 79.48% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 43.14% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 79.27% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 80.71% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 7.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.71% |
| Dec 31, 2025 | 47.20% |
| Sep 30, 2025 | 81.73% |
| Jun 30, 2025 | 71.13% |
| Mar 31, 2025 | 87.95% |
| Dec 31, 2024 | 66.59% |
| Sep 30, 2024 | 71.84% |
| Jun 30, 2024 | 73.18% |
| Mar 31, 2024 | 73.32% |
| Dec 31, 2023 | 79.12% |
| Sep 30, 2023 | 82.48% |
| Jun 30, 2023 | 72.92% |
| Mar 31, 2023 | 70.31% |
| Dec 31, 2022 | 79.26% |
| Sep 30, 2022 | 83.33% |
| Jun 30, 2022 | 80.41% |
| Mar 31, 2022 | 74.46% |
| Dec 31, 2021 | 68.60% |
| Sep 30, 2021 | 68.18% |
| Jun 30, 2021 | 66.42% |