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
DateValue
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%