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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' Operating Margin history spans 13 years, with the latest figure at 79.62% for Q4 2025.

  • For Q4 2025, Operating Margin rose 6974.0% year-over-year to 79.62%; the TTM value through Dec 2025 reached 32.68%, up 1957.0%, while the annual FY2025 figure was 80.09%, 6698.0% up from the prior year.
  • Operating Margin for Q4 2025 was 79.62% at NMI Holdings, up from 17.69% in the prior quarter.
  • Across five years, Operating Margin topped out at 79.62% in Q4 2025 and bottomed at 8.32% in Q1 2021.
  • The 5-year median for Operating Margin is 11.02% (2022), against an average of 15.17%.
  • The largest annual shift saw Operating Margin crashed -255bps in 2021 before it surged 6974bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 8.82% in 2021, then grew by 27bps to 11.16% in 2022, then decreased by -19bps to 9.07% in 2023, then increased by 9bps to 9.89% in 2024, then surged by 705bps to 79.62% in 2025.
  • Per Business Quant, the three most recent readings for NMIH's Operating Margin are 79.62% (Q4 2025), 17.69% (Q3 2025), and 16.74% (Q2 2025).