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

NMI Holdings has disclosed Tax Rate across 13 years of filings, most recently posting 22.75% for Q2 2026.

• In Q2 2026, Tax Rate rose 54.0% year-over-year to 22.75%; the TTM figure through Jun 2026 stood at 21.98% (down 17.0% YoY), while the FY2025 annual figure was 22.18%, down 11.0% from the prior year.
• Tax Rate came in at 22.75% for Q2 2026 at NMI Holdings, up from 20.5% 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.
• Average Tax Rate over 5 years is 22.14%, with a median of 22.25% recorded in 2025.
• Year-over-year, Tax Rate slumped 235 bps in 2023 and soared 159 bps in 2024.
• Over 5 years, 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 rose by 2 bps to 22.75% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 22.75% in Q2 2026, 20.5% in Q1 2026, and 22.23% in Q4 2025.