NMI Holdings, Inc. (NMIH) stock
NMIHNasdaqSurety InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/3022% below fair value
$38.65−0.23 (-0.59%)
Close on Nov 13, 2026Market cap $2.91BP/E 7.6Yield –
NMI profit margin
Profit margin (net margin) is net income as a percentage of revenue.
NMI's profit margin for the twelve months ending Sep 30, 2026 was 53.1%. For fiscal 2025 it was 55.1%, against 55.3% the year before. The highest annual figure on record is 56.0% in fiscal 2022.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 55.1% | −0.3 |
| FY2024 | Dec 31, 2024 | 55.3% | −0.3 |
| FY2023 | Dec 31, 2023 | 55.6% | −0.3 |
| FY2022 | Dec 31, 2022 | 56.0% | +8.3 |
| FY2021 | Dec 31, 2021 | 47.6% | +8.1 |
| FY2020 | Dec 31, 2020 | 39.6% | −5.8 |
| FY2019 | Dec 31, 2019 | 45.4% | +6.2 |
| FY2018 | Dec 31, 2018 | 39.2% | +27.2 |
| FY2017 | Dec 31, 2017 | 12.1% | −39.6 |
| FY2016 | Dec 31, 2016 | 51.7% | +103.5 |
| FY2015 | Dec 31, 2015 | -51.8% | +202.6 |
| FY2014 | Dec 31, 2014 | -254.4% | +524.0 |
| FY2013 | Dec 31, 2013 | -778.4% | +8901.5 |
| FY2012 | Dec 31, 2012 | -9679.9% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 49.8% | −3.9 |
| Q2 FY2026 | Jun 30, 2026 | 56.3% | +1.0 |
| Q1 FY2026 | Mar 31, 2026 | 54.1% | −5.1 |
| Q4 FY2025 | Dec 31, 2025 | 52.1% | +0.4 |
| Q3 FY2025 | Sep 30, 2025 | 53.7% | −2.2 |
| Q2 FY2025 | Jun 30, 2025 | 55.3% | −1.5 |
| Q1 FY2025 | Mar 31, 2025 | 59.2% | +2.2 |
| Q4 FY2024 | Dec 31, 2024 | 51.8% | −3.4 |
| Q3 FY2024 | Sep 30, 2024 | 55.9% | −0.8 |
| Q2 FY2024 | Jun 30, 2024 | 56.8% | +0.5 |
| Q1 FY2024 | Mar 31, 2024 | 57.0% | +2.6 |
| Q4 FY2023 | Dec 31, 2023 | 55.1% | +0.3 |
| Q3 FY2023 | Sep 30, 2023 | 56.7% | −2.2 |
| Q2 FY2023 | Jun 30, 2023 | 56.3% | −0.8 |
| Q1 FY2023 | Mar 31, 2023 | 54.4% | +1.3 |
| Q4 FY2022 | Dec 31, 2022 | 54.8% | +6.4 |
| Q3 FY2022 | Sep 30, 2022 | 58.8% | +10.3 |
| Q2 FY2022 | Jun 30, 2022 | 57.1% | +9.4 |
| Q1 FY2022 | Mar 31, 2022 | 53.1% | +7.2 |
| Q4 FY2021 | Dec 31, 2021 | 48.4% | +4.5 |
| Q3 FY2021 | Sep 30, 2021 | 48.5% | +13.1 |
| Q2 FY2021 | Jun 30, 2021 | 47.6% | +22.8 |
| Q1 FY2021 | Mar 31, 2021 | 45.9% | −8.2 |
| Q4 FY2020 | Dec 31, 2020 | 43.9% | −3.9 |
| Q3 FY2020 | Sep 30, 2020 | 35.4% | −13.6 |
| Q2 FY2020 | Jun 30, 2020 | 24.9% | −18.0 |
| Q1 FY2020 | Mar 31, 2020 | 54.1% | +13.6 |
| Q4 FY2019 | Dec 31, 2019 | 47.9% | +1.3 |
| Q3 FY2019 | Sep 30, 2019 | 49.0% | +14.4 |
| Q2 FY2019 | Jun 30, 2019 | 42.9% | +5.5 |
| Q1 FY2019 | Mar 31, 2019 | 40.6% | +3.0 |
| Q4 FY2018 | Dec 31, 2018 | 46.6% | +49.8 |
| Q3 FY2018 | Sep 30, 2018 | 34.6% | +9.4 |
| Q2 FY2018 | Jun 30, 2018 | 37.4% | +23.2 |
| Q1 FY2018 | Mar 31, 2018 | 37.5% | +22.7 |
| Q4 FY2017 | Dec 31, 2017 | -3.2% | −166.3 |
| Q3 FY2017 | Sep 30, 2017 | 25.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 14.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 14.8% | – |
| Q4 FY2016 | Dec 31, 2016 | 163.1% | – |
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