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NMIH NMI Holdings, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-07-31, not restated
Financials

Scale

Market cap
$3.4bn
Revenue TTM
$731m
Net income TTM
$395m
Free cash flow
$442m
Composite score
65.3
Sector rank
#1329

Valuation

P / E
8.5
EV / EBITDA
EV / sales
4.6
FCF yield
13.07%
Earnings yield vs 10-yr
6.97pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
54.1%
EBITDA margin
ROE
14.6%
ROIC
Revenue growth
7.5%

Insider activity, last 90 days

Net open-market
$-1.05m
Buyers
0
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The amount of claims incurred relating to current year defaults increased during the six months ended June 30, 2026 compared to the six months ended June 30, 2025, primarily due to an increase in the total number of new delinquencies emerging during the period tied to the growth and natural seasoning of our portfolio. Investment income, also referred to as interest revenue, is reported within “ Net Investment Income ” on our condensed consolidated statements of operations and was $ 30.7 million and $ 59.6 million for the three and six months ended June 30, 2026, respectively, and $ 25.3 million and $ 49.3 million for the three and six months ended June 30, 2025, respectively . …NMI Holdings, Inc., 10-Q, period ended 2026-06-30, filed 2026-07-31

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