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

NMI Holdings (NMIH) has 13 years of Tax Rate data on file, last reported at 20.5% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 143.0% year-over-year to 20.5%; the trailing twelve-month figure through Mar 2026 stood at 21.82% (down 37.0% YoY), and the FY2025 full-year result was 22.18%, down 11.0% from the prior year.
• Tax Rate eased to 20.5% in Q1 2026, 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.
• A 5-year average of 22.1% and a median of 22.23% in 2025 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate sank 235 bps in 2023 and surged 159 bps in 2024, its largest moves.
• Tracing NMIH's Tax Rate over 5 years: stood at 23.04% in 2022, then slipped by 10 bps to 20.7% in 2023, then gained by 8 bps to 22.28% in 2024, then decreased by 0 bps to 22.23% in 2025, then declined by 8 bps to 20.5% in 2026.
• Business Quant data shows NMIH's Tax Rate at 20.5% in Q1 2026, 22.23% in Q4 2025, and 22.38% in Q3 2025.