NMI Holdings (NMIH) FCF Margin (2013 - 2026)
NMI Holdings (NMIH) reported FCF Margin of 74.28% for Q1 2026, up 770.0% on a YoY basis from 8.54% in Q1 2025, and up 217.28% sequentially from 23.41% in Q4 2025.
NMI Holdings (NMIH) FCF Margin (2013 - 2026) Analysis & Trends
NMI Holdings (NMIH) has 14 years of FCF Margin data on file, last reported at 74.28% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 770.0% year-over-year to 74.28%; the trailing twelve-month figure through Mar 2026 stood at 58.11% (down 38.0% YoY), and the FY2025 full-year result was 58.39%, down 101.0% from the prior year.
- FCF Margin rose to 74.28% in Q1 2026, from 23.41% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 90.31% in Q3 2023 to a low of 20.67% in Q4 2024.
- A 5-year average of 62.36% and a median of 70.01% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 1388 bps in 2024 and soared 770 bps in 2026, its largest moves.
- Tracing NMIH's FCF Margin over 5 years: stood at 24.23% in 2022, then declined by 11 bps to 21.55% in 2023, then fell by 4 bps to 20.67% in 2024, then advanced by 13 bps to 23.41% in 2025, then soared by 217 bps to 74.28% in 2026.
- Business Quant data shows NMIH's FCF Margin at 74.28% in Q1 2026, 23.41% in Q4 2025, and 83.44% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 26.29% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 34.11% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 14.99% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 92.25% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 25.82% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 73.52% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 36.03% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 231.71% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 74.28% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 0.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.28% |
| Dec 31, 2025 | 23.41% |
| Sep 30, 2025 | 83.44% |
| Jun 30, 2025 | 72.91% |
| Mar 31, 2025 | 66.58% |
| Dec 31, 2024 | 20.67% |
| Sep 30, 2024 | 76.43% |
| Jun 30, 2024 | 71.52% |
| Mar 31, 2024 | 70.01% |
| Dec 31, 2023 | 21.55% |
| Sep 30, 2023 | 90.31% |
| Jun 30, 2023 | 69.29% |
| Mar 31, 2023 | 64.57% |
| Dec 31, 2022 | 24.23% |
| Sep 30, 2022 | 89.02% |
| Jun 30, 2022 | 74.61% |
| Mar 31, 2022 | 67.24% |
| Dec 31, 2021 | 36.17% |
| Sep 30, 2021 | 84.32% |
| Jun 30, 2021 | 84.31% |