Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

NMI Holdings (NMIH) Operating Margin (2016 - 2025)

NMI Holdings (NMIH) has disclosed Operating Margin for 13 consecutive years, with 18.06% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 223.0% to 18.06% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 16.44% through Dec 2025, up 133.0% year-over-year, with the annual reading at 17.09% for FY2025, 198.0% up from the prior year.
  • Operating Margin hit 18.06% in Q4 2025 for NMI Holdings, up from 17.69% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 18.06% in Q4 2025 to a low of 8.32% in Q1 2021.
  • Historically, Operating Margin has averaged 12.4% across 5 years, with a median of 11.81% in 2023.
  • Biggest five-year swings in Operating Margin: skyrocketed 363bps in 2024 and later plummeted -55bps in 2025.
  • Year by year, Operating Margin stood at 8.82% in 2021, then increased by 27bps to 11.16% in 2022, then rose by 23bps to 13.73% in 2023, then grew by 15bps to 15.83% in 2024, then increased by 14bps to 18.06% in 2025.
  • Business Quant data shows Operating Margin for NMIH at 18.06% in Q4 2025, 17.69% in Q3 2025, and 16.74% in Q2 2025.