NMI Holdings (NMIH) Tax Rate (2014 - 2026)

NMI Holdings has disclosed Tax Rate across 13 years of filings, most recently posting 20.5% for Q1 2026.

• Tax Rate for Q1 2026 came in at 20.5%, down 143.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.82% (down 37.0% YoY), and the FY2025 annual result was 22.18%, down 11.0% from the prior year.
• Tax Rate came in at 20.5% for Q1 2026 at NMI Holdings, down from 22.23% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 23.04% in Q4 2022 to a low of 20.5% in Q1 2026.
• The 5-year median for Tax Rate is 22.23% (2025), against an average of 22.1%.
• Across the five-year window, Tax Rate tumbled 235 bps in 2023 and surged 159 bps in 2024, its largest moves.
• NMI Holdings' Tax Rate stood at 23.04% in 2022, then dropped by 10 bps to 20.7% in 2023, then advanced by 8 bps to 22.28% in 2024, then slipped by 0 bps to 22.23% in 2025, then fell by 8 bps to 20.5% in 2026.
• The last three Tax Rate figures came in at 20.5% (Q1 2026), 22.23% (Q4 2025), and 22.38% (Q3 2025), per Business Quant data.