NMI Holdings, Inc. (NMIH) Earnings History
Annual and quarterly earnings data from 2012 to 2025
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NMIH EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NMIH Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 91.8% | 70.8% | 55.1% |
| 2024 | 95.0% | 71.2% | 55.3% |
| 2023 | 96.0% | 71.3% | 55.6% |
| 2022 | 100.5% | 71.9% | 55.8% |
| 2021 | 96.9% | 61.1% | 47.6% |
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NMI Holdings, Inc. (NMIH) Earnings Overview
As of May 6, 2026, NMI Holdings, Inc. (NMIH) reported trailing twelve-month net income of $389M, reflecting +11.1% year-over-year growth. The company earned $4.97 per diluted share over the past four quarters, with a net profit margin of 55.1%.
Looking at the long-term picture, NMIH's 5-year EPS compound annual growth rate (CAGR) stands at +18.2%, indicating exceptional earnings growth. The company achieved its highest annual net income of $389M in fiscal 2025, representing a new all-time high.
NMI Holdings, Inc. maintains industry-leading profitability with a gross margin of 91.8%, operating margin of 70.8%, and net margin of 55.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MTG ($718M net income, 60.8% margin), RDN ($576M net income, 46.8% margin), ESNT ($703M net income, 57.6% margin), NMIH has room to improve margins relative to the peer group. Compare NMIH vs MTG →
NMIH Earnings vs Peers
Earnings metrics vs comparable public companies
NMIH Historical Earnings Data (2012–2025)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $389M | +8.0% | $500M | $4.92 | 55.1% | 70.8% |
| 2024 | $360M | +11.8% | $463M | $4.43 | 55.3% | 71.2% |
| 2023 | $322M | +10.0% | $413M | $3.84 | 55.6% | 71.3% |
| 2022 | $293M | +26.7% | $377M | $3.39 | 55.8% | 71.9% |
| 2021 | $231M | +34.7% | $297M | $2.65 | 47.6% | 61.1% |
| 2020 | $172M | -0.2% | $218M | $2.13 | 39.3% | 50.0% |
| 2019 | $172M | +59.3% | $217M | $2.47 | 46.5% | 58.5% |
| 2018 | $108M | +389.5% | $136M | $1.60 | 39.4% | 49.7% |
| 2017 | $22M | -65.5% | $53M | $0.35 | 12.3% | 29.6% |
| 2016 | $64M | +330.3% | $11M | $1.08 | 52.5% | 9.4% |
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Start ComparisonNMIH — Frequently Asked Questions
Quick answers to the most common questions about buying NMIH stock.
Is NMIH growing earnings?
NMIH EPS stands at $4.97, with +11.1% growth matching the 5-year CAGR of +18.2%. TTM net income is $389M. Earnings trajectory remains consistent.
What are NMIH's profit margins?
NMI Holdings, Inc. net margin is +55.1%, with operating margin at +70.8%. Above-average margins indicate pricing power.
How consistent are NMIH's earnings?
NMIH earnings data spans 2012-2025. The current earnings trend is +11.1% YoY. Historical data enables comparison across business cycles.