NMI Holdings (NMIH) Operating Margin (2012 - 2026)
NMI Holdings recorded quarterly Operating Margin of 15.59% in Q1 2026, down 13.66% quarter-over-quarter from 18.06% in Q4 2025, and down 27.0% year-over-year from 21.36% in Q1 2025.
NMI Holdings' Operating Margin history runs 15 years deep, the most recent figure standing at 15.59% for Q1 2026.
- In Q1 2026, Operating Margin fell 27.0% year-over-year to 15.59%; the TTM figure through Mar 2026 stood at 16.32% (up 190.0% YoY), while the FY2025 annual figure was 17.09%, up 399.0% from the prior year.
- Operating Margin came in at 15.59% for Q1 2026 at NMI Holdings, down from 18.06% 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 8.75% in Q1 2022.
- A 5-year average of 13.51% and a median of 13.72% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 35 bps in 2024 and soared 441 bps in 2025, its largest moves.
- NMI Holdings' Operating Margin stood at 11.16% in 2022, then advanced by 23 bps to 13.73% in 2023, then retreated by 1 bps to 13.64% in 2024, then soared by 32 bps to 18.06% in 2025, then declined by 14 bps to 15.59% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 15.59%, 18.06%, and 17.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.59% |
| Dec 31, 2025 | 18.06% |
| Sep 30, 2025 | 17.69% |
| Jun 30, 2025 | 14.36% |
| Mar 31, 2025 | 15.86% |
| Dec 31, 2024 | 13.64% |
| Sep 30, 2024 | 15.68% |
| Jun 30, 2024 | 12.76% |
| Mar 31, 2024 | 14.22% |
| Dec 31, 2023 | 13.73% |
| Sep 30, 2023 | 13.72% |
| Jun 30, 2023 | 13.11% |
| Mar 31, 2023 | 12.23% |
| Dec 31, 2022 | 11.16% |
| Sep 30, 2022 | 10.10% |
| Jun 30, 2022 | 9.04% |
| Mar 31, 2022 | 8.75% |
| Dec 31, 2021 | 8.82% |
| Sep 30, 2021 | 8.65% |
| Jun 30, 2021 | 8.46% |
| Mar 31, 2021 | 8.32% |
| Dec 31, 2020 | 8.33% |
| Sep 30, 2020 | 8.44% |
| Jun 30, 2020 | 7.15% |
| Mar 31, 2020 | 8.21% |
| Dec 31, 2019 | 8.34% |
| Sep 30, 2019 | 8.53% |
| Jun 30, 2019 | 9.16% |
| Mar 31, 2019 | 9.99% |
| Dec 31, 2018 | 10.04% |
| Sep 30, 2018 | 9.60% |
| Jun 30, 2018 | 9.31% |
| Mar 31, 2018 | 8.33% |
| Dec 31, 2017 | 8.76% |
| Sep 30, 2017 | 9.37% |
| Jun 30, 2017 | 10.31% |
| Mar 31, 2017 | 11.46% |
| Dec 31, 2016 | 11.07% |
| Sep 30, 2016 | 11.14% |
| Jun 30, 2016 | 12.83% |
| Mar 31, 2016 | 16.31% |
| Dec 31, 2015 | 12.31% |
| Sep 30, 2015 | 14.68% |
| Jun 30, 2015 | 19.06% |
| Mar 31, 2015 | 23.01% |
| Dec 31, 2014 | 23.94% |
| Sep 30, 2014 | 34.41% |
| Jun 30, 2014 | 70.14% |
| Mar 31, 2014 | 78.20% |
| Dec 31, 2013 | 91.32% |
| Sep 30, 2013 | 315.15% |
| Jun 30, 2013 | 140,700.00% |
| Dec 31, 2012 | -572.08% |