NMI Holdings (NMIH) Net Margin (2013 - 2026)
NMI Holdings' (NMIH) quarterly Net Margin came in at 56.3% in Q2 2026, up 97.0% year-over-year from 28.58% in Q2 2025, and up 4.0% quarter-over-quarter from 54.14% in Q1 2026.
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NMI Holdings (NMIH) Net Margin (2013 - 2026) Analysis & Trends
NMI Holdings has disclosed Net Margin across 14 years of filings, most recently posting 56.3% for Q2 2026.
- In Q2 2026, Net Margin rose 97.0% year-over-year to 56.3%; the TTM figure through Jun 2026 stood at 54.1% (down 148.0% YoY), while the FY2025 annual figure was 55.05%, down 26.0% from the prior year.
- Net Margin came in at 56.3% for Q2 2026 at NMI Holdings, up from 54.14% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 64.94% in Q3 2022 to a low of 51.75% in Q4 2024.
- Average Net Margin over 5 years is 57.16%, with a median of 56.48% recorded in 2023.
- Year-over-year, Net Margin jumped 1195 bps in 2022 and slumped 1099 bps in 2024.
- Over 5 years, Net Margin stood at 60.99% in 2022, then gained by 3 bps to 62.74% in 2023, then dropped by 18 bps to 51.75% in 2024, then gained by 1 bps to 52.13% in 2025, then climbed by 8 bps to 56.3% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 56.3% in Q2 2026, 54.14% in Q1 2026, and 52.13% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.13 Bn | 117.36 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 125.86 Bn | 120.86 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 77.43 Bn | 53.67 Bn | 6.23 Bn | 18.17% |
| 4 | Allstate | 64.54 Bn | 25.81 Bn | 16.28 Bn | 17.43% |
| 5 | Aflac | 57.68 Bn | -45.32 Bn | 2.27 Bn | 20.04% |
| 6 | American International | 39.77 Bn | 1.95 Bn | 3.50 Bn | 13.38% |
| 7 | Hartford Insurance | 37.34 Bn | 21.02 Bn | 3.18 Bn | 17.80% |
| 8 | Cincinnati Financial | 26.13 Bn | 24.24 Bn | 2.39 Bn | 29.36% |
| 9 | Loews | 22.38 Bn | 82.01 Mn | 2.57 Bn | 9.95% |
| 10 | NMI Holdings | 3.34 Bn | 3.27 Bn | 157.40 Mn | 56.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.30% |
| Mar 31, 2026 | 54.14% |
| Dec 31, 2025 | 52.13% |
| Sep 30, 2025 | 53.73% |
| Jun 30, 2025 | 55.33% |
| Mar 31, 2025 | 59.20% |
| Dec 31, 2024 | 51.75% |
| Sep 30, 2024 | 55.88% |
| Jun 30, 2024 | 56.80% |
| Mar 31, 2024 | 56.99% |
| Dec 31, 2023 | 62.74% |
| Sep 30, 2023 | 56.67% |
| Jun 30, 2023 | 56.27% |
| Mar 31, 2023 | 54.44% |
| Dec 31, 2022 | 60.99% |
| Sep 30, 2022 | 64.94% |
| Jun 30, 2022 | 62.42% |
| Mar 31, 2022 | 58.10% |
| Dec 31, 2021 | 53.12% |
| Sep 30, 2021 | 52.99% |