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
DateValue
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%