NMI Holdings Inc. NMIH Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 53.8%-2.1pp | 55.1%-0.3pp | 55%-1.2pp | 55.6%-0.8pp | 55.9%-0.3pp | |
| Free cash flow margin | 59.7%+3.3pp | 58.4%-1.0pp | 55.9%-4.0pp | 57%-3.1pp | 56.4%-2.8pp | |
| Returns | ||||||
| Return on equity | 15.6%-1.8pp | 16.2%-1.2pp | 16.2%-1.8pp | 16.9%-1.5pp | 17.4%-0.9pp | |
| Return on assets | 10.5%-1.1pp | 10.8%-0.6pp | 10.8%-0.9pp | 11.3%-0.7pp | 11.6%-0.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Per Share | ||||||
| Book value per share | $34.00+16.9% | $32.79+20.2% | $31.90+17.8% | $30.54+21.4% | $29.07+20.6% | |
| Valuation | ||||||
| Market capitalization | $2.86B+1.3% | $3.14B+7.8% | $2.97B-9.9% | $3.29B+19.7% | $2.82B+8.0% | |
| Price / earnings | 7.4×-0.1× | 8.1×0.0× | 7.8×-1.4× | 8.7×+0.8× | 7.5×-0.2× | |
| Price / sales | 4×-0.2× | 4.4×0.0× | 4.3×-0.9× | 4.8×+0.4× | 4.2×-0.1× | |
| Price / book | 1.1×-0.1× | 1.2×-0.1× | 1.2×-0.3× | 1.4×0.0× | 1.2×-0.1× | |
| Free cash flow yield | 15%+1.6pp | 13.2%-0.1pp | 13%+1.5pp | 11.8%-1.7pp | 13.4%-0.2pp | |
| Earnings yield | 13.5%+0.3pp | 12.4%0.0pp | 12.8%+2.0pp | 11.5%-1.2pp | 13.2%+0.3pp | |
| PEG ratio | 2.3×+1.6× | 1×+0.3× | 1.2×+0.6× | 1×+0.5× | 0.7×+0.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do NMI Holdings Inc.'s ratios come from?
- Every ratio is computed from NMI Holdings Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
