NMI Holdings reported a gross margin of 83.77% and a net margin of 56.30% for the quarter ended Jun 2026. These financial ratios cover 56 quarters of results from Sep 2012 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2012 | Dec2012 | Mar2013 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 69.48% | 65.91% | 71.73% | 74.60% | 77.06% | 77.66% | 81.15% | 80.76% | 81.27% | 77.65% | 80.92% | 82.53% | 82.44% | 81.33% | 82.58% | 83.02% | 83.68% | 82.81% | 83.31% | 83.77% | ||||||||||||||||||||||||||||||||||||
| EBT Margin | 68.18% | 68.60% | 74.46% | 80.41% | 83.33% | 79.26% | 70.31% | 72.92% | 72.42% | 79.12% | 73.32% | 73.18% | 71.84% | 66.59% | 75.83% | 71.13% | 69.22% | 67.03% | 68.10% | 72.89% | ||||||||||||||||||||||||||||||||||||
| EBIT Margin | 8.65% | 8.82% | 8.75% | 9.04% | 10.10% | 11.16% | 10.89% | 11.58% | 12.05% | 13.73% | 12.44% | 12.76% | 13.53% | 13.64% | 13.67% | 14.36% | 14.98% | 15.23% | 15.59% | 16.14% | ||||||||||||||||||||||||||||||||||||
| EBITDA Margin | 8.65% | 8.82% | 8.75% | 9.04% | 10.10% | 11.16% | 10.89% | 11.58% | 12.05% | 13.73% | 12.44% | 12.76% | 13.53% | 13.64% | 13.67% | 14.36% | 14.98% | 15.23% | 15.59% | 16.14% | ||||||||||||||||||||||||||||||||||||
| Operating Margin | 8.65% | 8.82% | 8.75% | 9.04% | 10.10% | 11.16% | 10.89% | 11.58% | 12.05% | 13.73% | 12.44% | 12.76% | 13.53% | 13.64% | 13.67% | 14.36% | 14.98% | 15.23% | 15.59% | 16.14% | ||||||||||||||||||||||||||||||||||||
| Net Margin | 52.99% | 53.12% | 58.10% | 62.42% | 64.94% | 60.99% | 54.44% | 56.27% | 56.67% | 62.74% | 56.99% | 56.80% | 55.88% | 51.75% | 59.20% | 55.33% | 53.73% | 52.13% | 54.14% | 56.30% | ||||||||||||||||||||||||||||||||||||
| FCF Margin | 84.32% | 36.17% | 67.24% | 74.61% | 89.02% | 24.23% | 64.57% | 69.29% | 79.29% | 21.55% | 70.01% | 71.52% | 76.43% | 20.67% | 57.40% | 72.91% | 70.67% | 33.25% | 62.67% | 74.64% | ||||||||||||||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 2,352.10M | 2,424.45M | 2,437.26M | 2,408.12M | 2,398.07M | 2,459.94M | 2,574.90M | 2,661.81M | 2,725.94M | 2,851.27M | 2,973.31M | 3,054.01M | 3,211.01M | 3,335.05M | 3,403.08M | 3,523.64M | 3,659.14M | 3,784.15M | 3,875.37M | 3,953.51M | ||||||||||||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 1,910.51M | 1,960.41M | 1,930.01M | 1,920.41M | 1,921.55M | 2,009.78M | 2,103.14M | 2,145.76M | 2,188.16M | 2,323.60M | 2,376.38M | 2,459.86M | 2,609.88M | 2,632.58M | 2,737.18M | 2,836.18M | 2,931.42M | 3,009.02M | 3,049.95M | 3,123.22M | ||||||||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.18 | 0.18 | 0.19 | 0.19 | 0.20 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.20 | 0.20 | 0.19 | 0.20 | 0.20 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | ||||||||||||||||||||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 1.24 | 1.25 | 1.27 | 1.36 | 1.49 | 1.66 | 1.85 | 2.05 | 2.22 | 2.26 | 2.42 | 1.41 | 3.18 | 3.20 | 3.33 | 3.51 | 3.76 | 3.86 | 4.02 | 4.26 | ||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.16 | 0.16 | 0.16 | 0.17 | 0.16 | 0.16 | 0.15 | 0.15 | 0.14 | 0.14 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.10 | ||||||||||||||||||||||||||||||||||||
| Times Interest Earned | 1.24 | 1.25 | 1.27 | 1.36 | 1.49 | 1.66 | 1.85 | 2.05 | 2.22 | 2.26 | 2.42 | 1.41 | 3.18 | 3.20 | 3.33 | 3.51 | 3.76 | 3.86 | 4.02 | 4.26 | ||||||||||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 32.21 | 30.97 | 26.21 | 18.69 | 22.21 | 23.94 | 24.98 | 26.47 | 26.34 | 28.78 | 29.25 | 29.49 | 35.20 | 33.53 | 27.52 | 34.10 | 30.79 | 33.03 | 28.76 | 29.27 | ||||||||||||||||||||||||||||||||||||
| Price to SalesP/S | 17.07 | 16.45 | 15.23 | 11.67 | 14.43 | 14.60 | 13.60 | 14.89 | 14.93 | 18.06 | 16.67 | 16.75 | 19.67 | 17.35 | 16.29 | 18.87 | 16.54 | 17.22 | 15.57 | 16.48 | ||||||||||||||||||||||||||||||||||||
| Price to BookP/B | 1.28 | 1.20 | 1.16 | 0.92 | 1.12 | 1.08 | 1.09 | 1.21 | 1.23 | 1.25 | 1.32 | 1.33 | 1.49 | 1.30 | 1.22 | 1.35 | 1.18 | 1.20 | 1.09 | 1.14 | ||||||||||||||||||||||||||||||||||||
| Enterprise Value | 1,841.40M | 1,797.93M | 1,643.21M | 1,337.88M | 1,581.12M | -650.98M | -607.45M | 2,051.40M | 2,034.91M | 2,303.87M | 2,465.12M | 2,652.53M | 3,133.91M | 2,835.05M | 2,748.56M | 3,194.90M | 2,825.42M | 3,067.74M | 2,785.69M | 3,024.72M | ||||||||||||||||||||||||||||||||||||
| EV to EBIT | 187.31 | 178.99 | 161.12 | 122.50 | 132.37 | -48.80 | -40.78 | 124.19 | 113.98 | 126.26 | 126.83 | 128.22 | 139.45 | 124.79 | 116.04 | 128.06 | 105.53 | 111.44 | 97.39 | 99.72 | ||||||||||||||||||||||||||||||||||||
| EV to EBITDA | 187.31 | 178.99 | 161.12 | 122.50 | 132.37 | -48.80 | -40.78 | 124.19 | 113.98 | 126.26 | 126.83 | 128.22 | 139.45 | 124.79 | 116.04 | 128.06 | 105.53 | 111.44 | 97.39 | 99.72 | ||||||||||||||||||||||||||||||||||||
| Market Capitalization | 1,938.66M | 1,874.57M | 1,774.12M | 1,410.27M | 1,706.93M | 1,746.19M | 1,859.64M | 2,124.72M | 2,211.37M | 2,400.56M | 2,604.84M | 2,715.16M | 3,267.23M | 2,889.36M | 2,822.77M | 3,278.92M | 2,955.86M | 3,111.68M | 2,856.37M | 3,096.84M | ||||||||||||||||||||||||||||||||||||
| Price to FCFP/FCF | 20.24 | 45.49 | 22.65 | 15.64 | 16.21 | 60.26 | 21.06 | 21.49 | 18.82 | 83.81 | 23.81 | 23.42 | 25.74 | 83.93 | 28.39 | 25.88 | 23.41 | 51.78 | 24.84 | 22.08 | ||||||||||||||||||||||||||||||||||||
| EV to FCF | 19.23 | 43.63 | 20.98 | 14.83 | 15.01 | -22.47 | -6.88 | 20.75 | 17.32 | 80.43 | 22.54 | 22.88 | 24.69 | 82.36 | 27.64 | 25.21 | 22.38 | 51.05 | 24.23 | 21.57 | ||||||||||||||||||||||||||||||||||||
| EV to CFO | 18.63 | 40.55 | 20.46 | 14.31 | 14.67 | -20.48 | -6.76 | 20.13 | 16.84 | 76.50 | 22.09 | 22.52 | 24.40 | 79.15 | 27.17 | 24.89 | 22.07 | 49.69 | 24.00 | 21.21 | ||||||||||||||||||||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 8.65% | 8.82% | 8.75% | 9.04% | 10.10% | 11.16% | 10.89% | 11.58% | 12.05% | 13.73% | 12.44% | 12.76% | 13.53% | 13.64% | 13.67% | 14.36% | 14.98% | 15.23% | 15.59% | 16.14% | ||||||||||||||||||||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 1.51% | 1.53% | 1.58% | 1.65% | 1.75% | 1.83% | 1.93% | 2.06% | 2.24% | 2.34% | 2.39% | 2.46% | 2.49% | 2.53% | 2.60% | 2.62% | 2.65% | 2.70% | 2.78% | 2.86% | ||||||||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | 9.31% | 9.53% | 10.09% | 10.96% | 11.70% | 11.91% | 11.64% | 11.44% | 11.43% | 11.30% | 11.32% | 11.41% | 11.13% | 10.80% | 10.98% | 10.72% | 10.41% | 10.28% | 9.95% | 10.00% |