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

NMI Holdings' Tax Rate history runs 13 years deep, the most recent figure standing at 20.5% for Q1 2026.

• In Q1 2026, Tax Rate fell 143.0% year-over-year to 20.5%; the TTM figure through Mar 2026 stood at 21.82% (down 37.0% YoY), while the FY2025 annual figure 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.
• 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 slumped 235 bps in 2023 and soared 159 bps in 2024, its largest moves.
• NMI Holdings' Tax Rate stood at 23.04% in 2022, then declined by 10 bps to 20.7% in 2023, then climbed by 8 bps to 22.28% in 2024, then dropped by 0 bps to 22.23% in 2025, then retreated by 8 bps to 20.5% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 20.5%, 22.23%, and 22.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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