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NMI (NMIH) Financials

NMI logo
$39.73 +0.26 (+0.66%)
Closing price 05/30/2025 04:00 PM Eastern
Extended Trading
$39.79 +0.06 (+0.15%)
As of 05/30/2025 04:27 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for NMI

Annual Income Statements for NMI

This table shows NMI's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 360 322 293 231 172 172 108 22 64 -28
Consolidated Net Income / (Loss)		 360 322 293 231 172 172 108 22 64 -28
Net Income / (Loss) Continuing Operations		 360 322 293 231 172 172 108 22 64 -28
Total Pre-Tax Income 		463 413 377 297 218 217 136 53 11 -28
Total Revenue		 651 579 523 453 409 358 259 165 107 53
Net Interest Income / (Expense)		 0.00 0.00 0.00 -32 -24 -12 -15 -14 -15 -2.06
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 32 24 12 15 14 15 2.06
Total Non-Interest Income		 651 579 523 485 433 370 274 179 122 56
Other Service Charges		 0.94 0.76 1.19 1.98 3.28 2.86 0.23 0.52 0.28 0.03
Net Realized & Unrealized Capital Gains on Investments		 85 67 47 39 33 22 22 12 11 9.98
Premiums Earned		 565 511 475 444 397 345 251 166 110 46
Total Non-Interest Expense		 188 166 146 157 191 141 123 112 96 81
Property & Liability Insurance Claims		 32 23 -3.59 12 59 13 5.45 5.34 2.39 0.65
Other Operating Expenses		 156 144 151 145 134 129 117 107 93 81
Other Special Charges		 0.00 0.00 -1.11 -0.57 -2.91 - - - - -
Income Tax Expense		 103 91 84 66 47 45 28 31 -53 0.00
Basic Earnings per Share		 $4.51 $3.91 $3.45 $2.70 $2.20 $2.54 $1.66 $0.37 $1.08 ($0.47)
Weighted Average Basic Shares Outstanding		 79.84M 82.41M 84.92M 85.62M 78.02M 67.57M 65.02M 59.82M 59.07M 58.68M
Diluted Earnings per Share		 $4.43 $3.84 $3.39 $2.65 $2.13 $2.47 $1.60 $0.35 $1.05 ($0.47)
Weighted Average Diluted Shares Outstanding		 81.27M 83.85M 86.00M 86.89M 79.26M 69.72M 67.65M 62.19M 60.83M 58.68M
Weighted Average Basic & Diluted Shares Outstanding		 78.45M 80.88M 83.66M 85.84M 85.30M 68.44M 65M 59.60M 57.70M 58.68M

Quarterly Income Statements for NMI

This table shows NMI's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 103 86 93 92 89 83 84 80 74 73 77
Consolidated Net Income / (Loss)		 103 86 93 92 89 83 84 80 74 73 77
Net Income / (Loss) Continuing Operations		 103 86 93 92 89 83 84 80 74 73 77
Total Pre-Tax Income 		131 111 119 119 115 105 107 104 96 95 99
Total Revenue		 173 175 166 162 148 159 148 143 129 157 123
Net Interest Income / (Expense)		 0.00 8.04 0.00 0.00 -8.04 8.04 0.00 0.00 -8.04 24 -8.04
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 -8.04 0.00 0.00 8.04 -8.04 0.00 0.00 8.04 -24 8.04
Total Non-Interest Income		 173 167 166 162 156 151 148 143 137 133 131
Other Service Charges		 0.17 0.23 0.29 0.27 0.16 0.19 0.22 0.18 0.16 0.18 0.30
Net Realized & Unrealized Capital Gains on Investments		 24 23 22 21 19 18 18 17 15 13 12
Premiums Earned		 149 144 143 141 137 133 130 126 122 120 118
Total Non-Interest Expense		 42 64 47 43 34 54 41 39 33 62 24
Property & Liability Insurance Claims		 4.48 17 10 0.28 3.69 8.23 4.81 2.87 6.70 3.45 -3.39
Other Operating Expenses		 37 46 36 43 30 46 36 36 26 59 27
Income Tax Expense		 29 25 27 27 26 22 23 24 22 22 22
Basic Earnings per Share		 $1.31 $1.09 $1.17 $1.15 $1.10 $1.03 $1.02 $0.97 $0.89 $0.87 $0.91
Weighted Average Basic Shares Outstanding		 78.41M 79.84M 79.55M 80.12M 80.73M 82.41M 82.10M 82.96M 83.60M 84.92M 84.44M
Diluted Earnings per Share		 $1.28 $1.07 $1.15 $1.13 $1.08 $1.01 $1.00 $0.95 $0.88 $0.86 $0.90
Weighted Average Diluted Shares Outstanding		 79.86M 81.27M 81.05M 81.30M 82.10M 83.85M 83.67M 84.19M 84.84M 86.00M 85.49M
Weighted Average Basic & Diluted Shares Outstanding		 78.12M 78.45M 79.13M 79.67M 80.28M 80.88M 81.08M 82.28M 83.28M 83.66M 83.58M

Annual Cash Flow Statements for NMI

This table details how cash moves in and out of NMI's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 -42 52 -32 -50 86 16 6.10 -29 -9.57 -46
Net Cash From Operating Activities		 394 343 313 326 253 208 146 68 72 41
Net Cash From Continuing Operating Activities		 394 343 313 326 253 208 146 68 72 41
Net Income / (Loss) Continuing Operations		 360 322 293 231 172 172 108 22 64 -28
Consolidated Net Income / (Loss)		 360 322 293 231 172 172 108 22 64 -28
Depreciation Expense		 12 12 12 11 9.93 9.30 7.81 6.66 5.66 4.86
Amortization Expense		 1.14 2.44 7.57 8.59 7.70 2.26 4.91 3.07 3.17 0.25
Non-Cash Adjustments to Reconcile Net Income		 107 108 98 81 54 67 14 44 -43 5.44
Changes in Operating Assets and Liabilities, net		 -87 -101 -97 -6.13 9.61 -42 11 -8.51 43 59
Net Cash From Investing Activities		 -339 -200 -290 -374 -630 -194 -221 -93 -80 -230
Net Cash From Continuing Investing Activities		 -339 -200 -290 -374 -630 -194 -221 -93 -80 -230
Purchase of Property, Leasehold Improvements and Equipment		 -6.91 -9.37 -11 -12 -12 -9.96 -8.06 -8.51 -11 -6.14
Purchase of Investment Securities		 -652 -655 -548 -525 -1,108 -521 -614 -350 -314 -365
Sale and/or Maturity of Investments		 319 464 268 163 491 336 402 266 245 141
Net Cash From Financing Activities		 -97 -90 -56 -1.83 463 2.00 81 -3.24 -1.72 143
Net Cash From Continuing Financing Activities		 -97 -90 -56 -1.83 463 2.00 81 -3.24 -1.72 143
Issuance of Debt		 420 0.00 0.00 - 400 0.00 149 0.00 0.00 149
Issuance of Common Equity		 4.29 11 5.44 4.20 229 22 92 7.10 0.53 0.42
Repayment of Debt		 -413 0.00 0.00 -1.11 -157 -1.50 -151 -1.95 -1.50 -4.81
Repurchase of Common Equity		 -98 -92 -57 0.00 0.00 - - - - -
Other Financing Activities, Net		 -10 -9.36 -4.70 -4.92 -8.96 -18 -9.40 -8.40 -0.76 -1.11
Cash Interest Paid		 14 30 30 30 18 11 12 13 9.67 0.01
Cash Income Taxes Paid		 20 0.02 -0.02 0.46 0.07 0.06 0.87 1.22 0.20 0.00

Quarterly Cash Flow Statements for NMI

This table details how cash moves in and out of NMI's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 20 -79 71 -77 43 -80 103 -9.79 39 -81 53
Net Cash From Operating Activities		 101 36 128 118 112 30 121 102 90 32 108
Net Cash From Continuing Operating Activities		 101 36 128 118 112 30 121 102 90 32 108
Net Income / (Loss) Continuing Operations		 103 86 93 92 89 83 84 80 74 73 77
Consolidated Net Income / (Loss)		 103 86 93 92 89 83 84 80 74 73 77
Depreciation Expense		 2.89 2.97 2.98 2.99 3.00 3.03 2.87 2.84 2.80 2.89 2.93
Amortization Expense		 -0.18 -0.27 -0.44 0.89 0.95 1.04 -1.64 1.60 1.45 1.33 2.00
Non-Cash Adjustments to Reconcile Net Income		 29 24 19 37 28 31 26 27 24 26 25
Changes in Operating Assets and Liabilities, net		 -33 -77 14 -15 -9.34 -88 9.90 -9.39 -13 -72 1.25
Net Cash From Investing Activities		 -48 -86 -41 -175 -38 -82 1.56 -86 -34 -108 -34
Net Cash From Continuing Investing Activities		 -48 -86 -41 -175 -38 -82 1.56 -86 -34 -108 -34
Purchase of Property, Leasehold Improvements and Equipment		 -1.71 -1.40 -1.48 -1.84 -2.19 -1.47 -3.35 -3.03 -1.52 -2.82 -2.45
Purchase of Investment Securities		 -141 -153 -160 -242 -96 -150 -128 -137 -241 -161 -156
Sale and/or Maturity of Investments		 96 69 121 70 60 69 133 54 208 56 125
Net Cash From Financing Activities		 -34 -29 -17 -20 -31 -28 -19 -26 -17 -5.50 -20
Net Cash From Continuing Financing Activities		 -34 -29 -17 -20 -31 -28 -19 -26 -17 -5.50 -20
Issuance of Common Equity		 2.78 0.01 0.00 0.06 4.22 7.68 0.16 0.05 2.66 0.05 0.88
Repurchase of Common Equity		 -26 -29 -17 -27 -25 -32 -19 -26 -15 -5.38 -21
Other Financing Activities, Net		 -10 -0.03 -0.01 -0.38 -9.80 -3.91 -0.15 -0.03 -5.26 -0.17 -0.06
Cash Interest Paid		 19 14 -14 - - 15 - - - 15 -

Annual Balance Sheets for NMI

This table presents NMI's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 3,350 2,941 2,516 2,451 2,167 1,365 1,092 895 840 662
Cash and Due from Banks		 54 97 44 - 127 41 25 19 48 57
Trading Account Securities		 2,724 2,371 2,099 2,086 1,804 1,141 911 716 629 559
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 22 20 14 12 9.86 6.83 5.69 4.21 3.42 2.87
Premises and Equipment, Net		 26 30 32 32 30 26 25 23 20 15
Unearned Premiums Asset		 83 76 70 60 56 67 66 65 52 5.14
Deferred Acquisition Cost		 64 63 59 60 62 60 47 38 30 18
Intangible Assets		 3.63 3.63 3.63 3.63 3.63 3.63 3.63 3.63 3.63 3.63
Other Assets		 373 280 194 120 74 20 7.95 26 54 1.52
Total Liabilities & Shareholders' Equity		 3,350 2,941 2,516 2,451 2,167 1,365 1,092 895 840 662
Total Liabilities		 1,133 1,015 902 885 797 434 391 386 364 260
Other Short-Term Payables		 103 86 75 - 62 40 31 23 25 23
Long-Term Debt		 415 398 396 395 393 146 147 144 144 144
Claims and Claim Expense		 152 124 100 104 91 24 13 8.76 3.00 0.68
Unearned Premiums Liability		 65 92 123 139 119 137 159 163 153 91
Other Long-Term Liabilities		 397 314 209 247 133 88 41 47 39 1.60
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,217 1,926 1,614 1,566 1,370 930 702 509 476 403
Total Preferred & Common Equity		 2,217 1,926 1,614 1,566 1,370 930 702 509 476 403
Total Common Equity		 2,217 1,926 1,614 1,566 1,370 930 702 509 476 402
Common Stock		 1,006 992 974 956 939 708 683 586 578 570
Retained Earnings		 1,583 1,223 901 608 377 205 33 -74 -97 -161
Treasury Stock		 -247 -149 -57 0.00 - - - - - -
Accumulated Other Comprehensive Income / (Loss)		 -125 -140 -204 1.49 54 17 -15 -2.86 -5.29 -7.47

Quarterly Balance Sheets for NMI

This table presents NMI's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 3,456 3,320 3,102 3,006 2,762 2,690 2,634 2,404
Cash and Due from Banks		 74 133 63 140 176 73 83 126
Trading Account Securities		 2,809 2,708 2,521 2,394 2,198 2,234 2,172 1,974
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 24 22 21 20 18 17 16 13
Premises and Equipment, Net		 25 27 29 30 32 32 32 32
Unearned Premiums Asset		 84 78 76 75 73 72 70 69
Deferred Acquisition Cost		 64 64 63 63 62 61 60 59
Intangible Assets		 3.63 3.63 3.63 3.63 3.63 3.63 3.63 3.63
Other Assets		 372 284 325 281 199 196 198 127
Total Liabilities & Shareholders' Equity		 3,456 3,320 3,102 3,006 2,762 2,690 2,634 2,404
Total Liabilities		 1,135 1,125 1,056 1,028 971 941 927 878
Other Short-Term Payables		 79 111 78 82 89 73 70 74
Long-Term Debt		 416 415 414 398 397 397 396 396
Claims and Claim Expense		 152 136 125 127 116 110 108 95
Unearned Premiums Liability		 59 72 78 86 98 105 114 131
Other Long-Term Liabilities		 429 392 360 335 271 256 238 183
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,322 2,195 2,046 1,978 1,791 1,749 1,707 1,526
Total Preferred & Common Equity		 2,322 2,195 2,046 1,978 1,791 1,749 1,707 1,526
Total Common Equity		 2,322 2,195 2,046 1,978 1,791 1,749 1,707 1,526
Common Stock		 1,002 998 994 990 982 978 974 970
Retained Earnings		 1,686 1,497 1,404 1,312 1,140 1,056 976 828
Treasury Stock		 -273 -218 -201 -174 -117 -98 -71 -51
Accumulated Other Comprehensive Income / (Loss)		 -94 -82 -151 -150 -214 -187 -172 -221

Annual Metrics And Ratios for NMI

This table displays calculated financial ratios and metrics derived from NMI's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 12.43% 10.64% 15.46% 10.85% 14.21% 38.42% 56.65% 54.21% 100.29% 140.71%
EBITDA Growth		 11.67% 7.55% 25.33% 34.28% 3.30% 53.49% 137.79% 208.24% 189.44% 47.51%
EBIT Growth		 12.29% 9.38% 27.16% 36.05% 0.67% 59.35% 157.54% 360.99% 141.20% 45.81%
NOPAT Growth		 11.80% 9.97% 26.73% 34.72% -0.23% 59.33% 389.46% -65.55% 428.97% 45.81%
Net Income Growth		 11.80% 9.97% 26.73% 34.72% -0.23% 59.33% 389.46% -65.55% 330.28% 43.17%
EPS Growth		 15.36% 13.27% 27.92% 24.41% -13.77% 54.38% 357.14% -66.67% 323.40% 44.05%
Operating Cash Flow Growth		 14.86% 9.35% -3.78% 28.95% 21.35% 42.70% 115.25% -5.81% 73.51% 297.75%
Free Cash Flow Firm Growth		 516.81% -96.60% 624.52% 106.53% -820.39% 35.94% -690.90% -20.19% 93.40% -39,346.22%
Invested Capital Growth		 13.30% 15.61% 2.52% 11.20% 63.81% 26.87% 29.91% 5.34% 13.39% 28.04%
Revenue Q/Q Growth		 7.84% 6.31% 8.27% 4.50% 0.03% 6.18% 12.65% 11.17% 13.40% 27.87%
EBITDA Q/Q Growth		 0.92% 2.46% 4.10% 5.75% 0.07% 8.65% 23.42% 19.93% 126.50% 24.22%
EBIT Q/Q Growth		 1.24% 2.59% 4.61% 5.91% -0.53% 8.81% 26.15% 23.37% 1,296.59% 20.71%
NOPAT Q/Q Growth		 0.77% 3.36% 4.43% 5.60% -1.11% 9.33% 52.78% -73.60% 21,462.15% 17.78%
Net Income Q/Q Growth		 0.77% 3.36% 4.43% 5.60% -1.11% 9.33% 52.78% -73.60% 11,908.30% 15.76%
EPS Q/Q Growth		 1.37% 4.07% 4.95% 4.74% -6.99% 9.29% 55.34% -74.64% 5,350.00% 16.07%
Operating Cash Flow Q/Q Growth		 1.47% -0.49% -3.85% 2.11% -10.92% 11.86% 16.38% 10.17% -7.17% 180.97%
Free Cash Flow Firm Q/Q Growth		 179.43% -81.59% -9.62% 277.29% -1.49% -2.30% -6.72% -463.03% 94.48% -5,591.56%
Invested Capital Q/Q Growth		 0.87% 6.19% 4.59% 2.61% 3.67% 5.56% 5.05% -0.31% 7.90% 33.92%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 73.20% 73.69% 75.81% 69.84% 57.65% 63.74% 57.48% 37.87% 18.95% -42.43%
EBIT Margin		 71.19% 71.28% 72.09% 65.46% 53.34% 60.51% 52.57% 31.97% 10.70% -51.99%
Profit (Net Income) Margin		 55.32% 55.63% 55.97% 50.99% 41.96% 48.03% 41.73% 13.35% 59.78% -51.99%
Tax Burden Percent		 77.71% 78.05% 77.63% 77.89% 78.66% 79.37% 79.38% 41.77% 558.86% 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.29% 21.95% 22.37% 22.11% 21.34% 20.63% 20.62% 58.23% -458.86% 0.00%
Return on Invested Capital (ROIC)		 14.53% 14.87% 14.76% 12.42% 12.09% 17.87% 14.38% 3.46% 10.97% -4.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 14.53% 14.87% 14.76% 12.42% 12.09% 17.87% 14.38% 3.46% 10.97% -15.58%
Return on Net Nonoperating Assets (RNNOA)		 2.85% 3.33% 3.67% 3.33% 2.83% 3.20% 3.45% 1.01% 3.60% -2.70%
Return on Equity (ROE)		 17.38% 18.20% 18.42% 15.75% 14.92% 21.07% 17.83% 4.48% 14.57% -6.70%
Cash Return on Invested Capital (CROIC)		 2.06% 0.38% 12.27% 1.81% -36.29% -5.82% -11.64% -1.74% -1.58% -28.59%
Operating Return on Assets (OROA)		 14.73% 15.13% 15.19% 12.85% 12.35% 17.64% 13.69% 6.09% 1.52% -4.94%
Return on Assets (ROA)		 11.45% 11.81% 11.79% 10.01% 9.72% 14.00% 10.86% 2.54% 8.52% -4.94%
Return on Common Equity (ROCE)		 17.38% 18.20% 18.42% 15.75% 14.92% 21.07% 17.83% 4.48% 14.57% -6.69%
Return on Equity Simple (ROE_SIMPLE)		 16.24% 16.72% 18.15% 14.76% 12.53% 18.48% 15.39% 4.33% 13.46% -6.90%
Net Operating Profit after Tax (NOPAT)		 360 322 293 231 172 172 108 22 64 -19
NOPAT Margin		 55.32% 55.63% 55.97% 50.99% 41.96% 48.03% 41.73% 13.35% 59.78% -36.39%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.59%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 28.81% 28.72% 27.91% 34.54% 46.66% 39.49% 47.43% 68.03% 89.30% 151.99%
Earnings before Interest and Taxes (EBIT)		 463 413 377 297 218 217 136 53 11 -28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 476 427 397 317 236 228 149 63 20 -23
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 1.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 4.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 8.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 12.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 5.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 6.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 7.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 9.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 63.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.19 0.21 0.25 0.25 0.29 0.16 0.21 0.28 0.30 0.36
Long-Term Debt to Equity		 0.19 0.21 0.25 0.25 0.29 0.16 0.21 0.28 0.30 0.36
Financial Leverage		 0.20 0.22 0.25 0.27 0.23 0.18 0.24 0.29 0.33 0.17
Leverage Ratio		 1.52 1.54 1.56 1.57 1.54 1.51 1.64 1.76 1.71 1.36
Compound Leverage Factor		 1.52 1.54 1.56 1.57 1.54 1.51 1.64 1.76 1.71 1.36
Debt to Total Capital		 15.77% 17.11% 19.71% 20.13% 22.31% 13.54% 17.30% 22.04% 23.29% 26.33%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 15.77% 17.11% 19.71% 20.13% 22.31% 13.54% 17.30% 22.04% 23.29% 26.33%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 84.23% 82.89% 80.29% 79.87% 77.69% 86.46% 82.70% 77.96% 76.71% 73.56%
Debt to EBITDA		 0.87 0.93 1.00 1.25 1.67 0.64 0.99 2.30 7.12 -6.35
Net Debt to EBITDA		 0.76 0.71 0.89 1.00 1.13 0.46 0.82 1.99 4.76 -3.82
Long-Term Debt to EBITDA		 0.87 0.93 1.00 1.25 1.67 0.64 0.99 2.30 7.12 -6.35
Debt to NOPAT		 1.15 1.23 1.35 1.71 2.29 0.85 1.36 6.53 2.26 -7.40
Net Debt to NOPAT		 1.00 0.93 1.20 1.38 1.55 0.61 1.13 5.65 1.51 -4.45
Long-Term Debt to NOPAT		 1.15 1.23 1.35 1.71 2.29 0.85 1.36 6.53 2.26 -7.40
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.14%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 51 8.29 244 34 -515 -56 -87 -11 -9.19 -139
Operating Cash Flow to CapEx		 5,700.28% 3,656.46% 2,964.38% 2,661.54% 2,077.46% 2,090.70% 1,809.69% 796.28% 627.18% 675.84%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 1.06 -21.12 -4.63 -5.83 -0.82 -0.62 -67.66
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 10.24 10.36 17.22 9.74 5.01 4.85 20.16
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 9.86 9.86 16.40 9.20 4.38 4.07 17.17
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.21 0.21 0.21 0.20 0.23 0.29 0.26 0.19 0.14 0.10
Fixed Asset Turnover		 23.28 18.62 16.36 14.69 14.67 14.08 10.88 7.64 6.01 3.96
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 2,633 2,324 2,010 1,960 1,763 1,076 848 653 620 547
Invested Capital Turnover		 0.26 0.27 0.26 0.24 0.29 0.37 0.34 0.26 0.18 0.11
Increase / (Decrease) in Invested Capital		 309 314 49 198 687 228 195 33 73 120
Enterprise Value (EV)		 3,270 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Market Capitalization		 2,909 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book Value per Share		 $28.02 $23.75 $19.31 $18.26 $16.15 $13.69 $10.58 $8.48 $8.04 $6.85
Tangible Book Value per Share		 $27.98 $23.71 $19.26 $18.22 $16.11 $13.63 $10.53 $8.42 $7.98 $6.78
Total Capital		 2,633 2,324 2,010 1,960 1,763 1,076 848 653 620 547
Total Debt		 415 398 396 395 393 146 147 144 144 144
Total Long-Term Debt		 415 398 396 395 393 146 147 144 144 144
Net Debt		 361 301 352 318 266 105 121 125 97 87
Capital Expenditures (CapEx)		 6.91 9.37 11 12 12 9.96 8.06 8.51 11 6.14
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.34
Net Nonoperating Obligations (NNO)		 415 398 396 395 393 146 147 144 144 144
Total Depreciation and Amortization (D&A)		 13 14 19 20 18 12 13 9.74 8.83 5.11
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $4.51 $3.91 $0.00 $2.70 $2.20 $2.54 $1.66 $0.37 $1.11 ($0.47)
Adjusted Weighted Average Basic Shares Outstanding		 79.84M 82.41M 0.00 85.62M 78.02M 67.57M 65.02M 59.82M 59.07M 58.83M
Adjusted Diluted Earnings per Share		 $4.43 $3.84 $0.00 $2.65 $2.13 $2.47 $1.60 $0.35 $1.08 ($0.47)
Adjusted Weighted Average Diluted Shares Outstanding		 81.27M 83.85M 0.00 86.89M 79.26M 69.72M 67.65M 62.19M 60.83M 58.83M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $2.54 $0.00 $0.00 $0.00 ($0.47)
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 78.45M 80.88M 0.00 85.84M 85.30M 68.44M 66.43M 60.61M 59.15M 58.68M
Normalized Net Operating Profit after Tax (NOPAT)		 360 322 292 231 169 172 108 37 8.02 -19
Normalized NOPAT Margin		 55.32% 55.63% 55.80% 50.89% 41.40% 48.03% 41.73% 22.38% 7.49% -36.39%
Pre Tax Income Margin		 71.19% 71.28% 72.09% 65.46% 53.34% 60.51% 52.57% 31.97% 10.70% -51.99%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 9.33 8.94 17.93 9.08 3.90 0.77 -13.51
NOPAT to Interest Expense		 0.00 0.00 0.00 7.27 7.04 14.23 7.21 1.63 4.31 -9.46
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 8.95 8.45 17.10 8.54 3.27 0.00 -16.49
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 6.88 6.54 13.41 6.67 1.00 3.54 -12.44
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 27.11% 28.44% 19.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for NMI

This table displays calculated financial ratios and metrics derived from NMI's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 10.88% 9.49% 12.10% 13.62% 15.13% 1.39% 20.91% 14.91% 7.82% 34.10% 5.54%
EBITDA Growth		 13.14% 3.96% 12.29% 12.94% 18.02% 10.34% 4.85% 6.13% 9.15% 18.75% 25.41%
EBIT Growth		 14.67% 5.41% 11.21% 14.03% 19.13% 10.97% 8.84% 7.06% 10.87% 21.26% 27.29%
NOPAT Growth		 15.17% 3.30% 10.55% 14.69% 19.60% 14.36% 9.26% 6.42% 10.01% 20.51% 27.65%
Net Income Growth		 15.17% 3.30% 10.55% 14.69% 19.60% 14.36% 9.26% 6.42% 10.01% 20.51% 27.65%
EPS Growth		 18.52% 5.94% 15.00% 18.95% 22.73% 17.44% 11.11% 10.47% 14.29% 22.86% 30.43%
Operating Cash Flow Growth		 -9.34% 18.94% 6.29% 15.59% 24.20% -5.27% 12.12% 8.96% 11.86% -28.30% 9.04%
Free Cash Flow Firm Growth		 -40.20% 3.30% -80.07% -53.05% -86.68% -1,077.51% -377.60% -1,733.05% -11.61% 117.21% 143.93%
Invested Capital Growth		 15.18% 13.30% 19.27% 14.64% 12.99% 15.61% 13.87% 11.73% 8.97% 2.52% 0.58%
Revenue Q/Q Growth		 -0.74% 5.09% 2.45% 9.38% 9.57% 7.60% 3.84% 10.83% 2.93% 28.31% -1.31%
EBITDA Q/Q Growth		 18.06% -6.81% -0.54% 3.39% 8.48% 0.65% 0.04% 8.04% 1.43% -4.36% 1.26%
EBIT Q/Q Growth		 18.49% -7.08% 0.58% 3.56% 8.92% -1.97% 3.12% 8.19% 1.47% -3.86% 1.44%
NOPAT Q/Q Growth		 19.02% -7.16% 0.79% 3.40% 6.76% -0.65% 4.57% 7.82% 2.08% -5.07% 1.85%
Net Income Q/Q Growth		 19.02% -7.16% 0.79% 3.40% 6.76% -0.65% 4.57% 7.82% 2.08% -5.07% 1.85%
EPS Q/Q Growth		 19.63% -6.96% 1.77% 4.63% 6.93% 1.00% 5.26% 7.95% 2.33% -4.44% 4.65%
Operating Cash Flow Q/Q Growth		 182.38% -72.11% 9.03% 5.57% 270.47% -75.07% 18.57% 13.44% 182.58% -70.50% 15.23%
Free Cash Flow Firm Q/Q Growth		 -15.90% 32.26% -48.15% -20.53% 20.06% -26.14% -25.91% -47.02% -518.60% -64.18% 640.71%
Invested Capital Q/Q Growth		 3.97% 0.87% 6.10% 3.51% 2.27% 6.19% 1.98% 2.03% 4.65% 4.59% 0.06%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 77.39% 65.07% 73.38% 75.58% 79.96% 68.53% 73.26% 76.03% 78.00% 62.97% 84.48%
EBIT Margin		 75.83% 63.52% 71.84% 73.18% 77.30% 65.98% 72.42% 72.92% 74.70% 60.28% 80.45%
Profit (Net Income) Margin		 59.20% 49.37% 55.88% 56.80% 60.08% 52.32% 56.67% 56.27% 57.84% 46.39% 62.70%
Tax Burden Percent		 78.07% 77.72% 77.78% 77.61% 77.73% 79.30% 78.24% 77.16% 77.42% 76.96% 77.94%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 21.93% 22.28% 22.22% 22.39% 22.27% 20.70% 21.76% 22.84% 22.58% 23.04% 22.06%
Return on Invested Capital (ROIC)		 15.47% 12.97% 14.06% 14.45% 15.19% 13.98% 15.02% 14.36% 14.36% 12.23% 15.82%
ROIC Less NNEP Spread (ROIC-NNEP)		 15.47% 12.97% 14.06% 14.45% 15.19% 13.98% 15.02% 14.36% 14.36% 12.23% 15.82%
Return on Net Nonoperating Assets (RNNOA)		 2.93% 2.54% 2.86% 3.09% 3.27% 3.14% 3.59% 3.48% 3.50% 3.04% 4.11%
Return on Equity (ROE)		 18.39% 15.51% 16.92% 17.53% 18.47% 17.12% 18.61% 17.84% 17.86% 15.27% 19.93%
Cash Return on Invested Capital (CROIC)		 0.50% 2.06% -2.68% 1.49% 2.83% 0.38% 2.19% 3.89% 6.28% 12.27% 14.06%
Operating Return on Assets (OROA)		 15.68% 13.15% 14.26% 14.80% 15.52% 14.00% 15.27% 14.90% 14.79% 12.70% 16.20%
Return on Assets (ROA)		 12.24% 10.22% 11.09% 11.49% 12.07% 11.10% 11.95% 11.49% 11.45% 9.78% 12.62%
Return on Common Equity (ROCE)		 18.39% 15.51% 16.92% 17.53% 18.47% 17.12% 18.61% 17.84% 17.86% 15.27% 19.93%
Return on Equity Simple (ROE_SIMPLE)		 16.09% 0.00% 16.28% 17.04% 17.02% 0.00% 17.40% 17.41% 17.56% 0.00% 18.38%
Net Operating Profit after Tax (NOPAT)		 103 86 93 92 89 83 84 80 74 73 77
NOPAT Margin		 59.20% 49.37% 55.88% 56.80% 60.08% 52.32% 56.67% 56.27% 57.84% 46.39% 62.70%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 24.17% 36.48% 28.16% 26.82% 22.70% 34.02% 27.58% 27.08% 25.30% 39.72% 19.55%
Earnings before Interest and Taxes (EBIT)		 131 111 119 119 115 105 107 104 96 95 99
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 134 114 122 123 119 109 109 108 100 99 104
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.22 1.31 1.50 1.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 1.22 1.31 1.50 1.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 4.23 4.47 5.44 4.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 7.57 8.08 9.18 7.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 13.21% 12.38% 10.89% 12.75% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.16 1.24 1.37 1.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 4.75 5.02 5.90 5.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 6.44 6.86 7.55 6.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 6.60 7.06 7.78 6.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 8.48 9.08 9.97 8.85 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.27 8.31 9.19 8.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 247.24 63.95 0.00 89.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.18 0.19 0.19 0.20 0.20 0.21 0.22 0.23 0.23 0.25 0.26
Long-Term Debt to Equity		 0.18 0.19 0.19 0.20 0.20 0.21 0.22 0.23 0.23 0.25 0.26
Financial Leverage		 0.19 0.20 0.20 0.21 0.22 0.22 0.24 0.24 0.24 0.25 0.26
Leverage Ratio		 1.50 1.52 1.53 1.53 1.53 1.54 1.56 1.55 1.56 1.56 1.58
Compound Leverage Factor		 1.50 1.52 1.53 1.53 1.53 1.54 1.56 1.55 1.56 1.56 1.58
Debt to Total Capital		 15.18% 15.77% 15.89% 16.84% 16.75% 17.11% 18.15% 18.49% 18.85% 19.71% 20.59%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 15.18% 15.77% 15.89% 16.84% 16.75% 17.11% 18.15% 18.49% 18.85% 19.71% 20.59%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 84.82% 84.23% 84.11% 83.16% 83.25% 82.89% 81.85% 81.51% 81.15% 80.29% 79.41%
Debt to EBITDA		 0.84 0.87 0.88 0.90 0.89 0.93 0.95 0.96 0.98 1.00 1.04
Net Debt to EBITDA		 0.69 0.76 0.60 0.77 0.58 0.71 0.53 0.79 0.77 0.89 0.71
Long-Term Debt to EBITDA		 0.84 0.87 0.88 0.90 0.89 0.93 0.95 0.96 0.98 1.00 1.04
Debt to NOPAT		 1.11 1.15 1.16 1.19 1.18 1.23 1.27 1.30 1.32 1.35 1.41
Net Debt to NOPAT		 0.91 1.00 0.79 1.01 0.77 0.93 0.71 1.06 1.05 1.20 0.96
Long-Term Debt to NOPAT		 1.11 1.15 1.16 1.19 1.18 1.23 1.27 1.30 1.32 1.35 1.41
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -258 -223 -329 -222 -184 -230 -183 -145 -99 24 66
Operating Cash Flow to CapEx		 5,929.13% 2,564.14% 8,665.32% 6,401.58% 5,104.03% 2,044.60% 3,607.82% 3,359.87% 5,921.89% 1,129.34% 4,407.73%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 -22.91 0.00 0.00 0.00 -12.27 0.00 8.19
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 13.88 0.00 0.00 0.00 11.17 0.00 13.41
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 13.61 0.00 0.00 0.00 10.99 0.00 13.11
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.21 0.21 0.20 0.20 0.20 0.21 0.21 0.20 0.20 0.21 0.20
Fixed Asset Turnover		 24.17 23.28 20.38 19.17 18.23 18.62 16.98 16.14 15.59 16.36 15.05
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,737 2,633 2,610 2,460 2,376 2,324 2,188 2,146 2,103 2,010 1,922
Invested Capital Turnover		 0.26 0.26 0.25 0.25 0.25 0.27 0.27 0.26 0.25 0.26 0.25
Increase / (Decrease) in Invested Capital		 361 309 422 314 273 314 267 225 173 49 11
Enterprise Value (EV)		 3,170 3,270 3,563 3,084 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Market Capitalization		 2,828 2,909 3,282 2,733 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book Value per Share		 $29.59 $28.02 $27.55 $25.48 $24.51 $23.75 $21.77 $21.00 $20.40 $19.31 $18.01
Tangible Book Value per Share		 $29.55 $27.98 $27.51 $25.44 $24.46 $23.71 $21.72 $20.96 $20.36 $19.26 $17.97
Total Capital		 2,737 2,633 2,610 2,460 2,376 2,324 2,188 2,146 2,103 2,010 1,922
Total Debt		 416 415 415 414 398 398 397 397 396 396 396
Total Long-Term Debt		 416 415 415 414 398 398 397 397 396 396 396
Net Debt		 341 361 281 352 258 301 221 323 313 352 270
Capital Expenditures (CapEx)		 1.71 1.40 1.48 1.84 2.19 1.47 3.35 3.03 1.52 2.82 2.45
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 416 415 415 414 398 398 397 397 396 396 396
Total Depreciation and Amortization (D&A)		 2.71 2.70 2.54 3.88 3.94 4.06 1.24 4.44 4.24 4.22 4.93
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.31 $1.09 $1.17 $1.15 $1.10 $1.03 $1.02 $0.97 $0.89 $0.87 $0.91
Adjusted Weighted Average Basic Shares Outstanding		 78.41M 79.84M 79.55M 80.12M 80.73M 82.41M 82.10M 82.96M 83.60M 84.92M 84.44M
Adjusted Diluted Earnings per Share		 $1.28 $1.07 $1.15 $1.13 $1.08 $1.01 $1.00 $0.95 $0.88 $0.86 $0.90
Adjusted Weighted Average Diluted Shares Outstanding		 79.86M 81.27M 81.05M 81.30M 82.10M 83.85M 83.67M 84.19M 84.84M 86.00M 85.49M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 78.12M 78.45M 79.13M 79.67M 80.28M 80.88M 81.08M 82.28M 83.28M 83.66M 83.58M
Normalized Net Operating Profit after Tax (NOPAT)		 103 86 93 92 89 83 84 80 74 73 77
Normalized NOPAT Margin		 59.20% 49.37% 55.88% 56.80% 60.08% 52.32% 56.67% 56.27% 57.84% 46.39% 62.70%
Pre Tax Income Margin		 75.83% 63.52% 71.84% 73.18% 77.30% 65.98% 72.42% 72.92% 74.70% 60.28% 80.45%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 14.25 0.00 0.00 0.00 11.96 0.00 12.27
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 11.08 0.00 0.00 0.00 9.26 0.00 9.56
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 13.98 0.00 0.00 0.00 11.77 0.00 11.96
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 10.80 0.00 0.00 0.00 9.07 0.00 9.26
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 26.32% 27.11% 28.12% 29.52% 30.30% 28.44% 20.99% 22.00% 22.15% 19.32% 18.25%

Frequently Asked Questions About NMI's Financials

When does NMI's fiscal year end?

According to the most recent income statement we have on file, NMI's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has NMI's net income changed over the last 9 years?

NMI's net income appears to be on an upward trend, with a most recent value of $360.11 million in 2024, falling from -$27.79 million in 2015. The previous period was $322.11 million in 2023. See NMI's forecast for analyst expectations on what’s next for the company.

How has NMI revenue changed over the last 9 years?

Over the last 9 years, NMI's total revenue changed from $53.46 million in 2015 to $650.97 million in 2024, a change of 1,117.8%.

How much debt does NMI have?

NMI's total liabilities were at $1.13 billion at the end of 2024, a 11.6% increase from 2023, and a 336.1% increase since 2015.

How much cash does NMI have?

In the past 9 years, NMI's cash and equivalents has ranged from $0.00 in 2021 to $126.94 million in 2020, and is currently $54.31 million as of their latest financial filing in 2024.

How has NMI's book value per share changed over the last 9 years?

Over the last 9 years, NMI's book value per share changed from 6.85 in 2015 to 28.02 in 2024, a change of 309.3%.


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This page (NASDAQ:NMIH) was last updated on 6/1/2025 by MarketBeat.com Staff
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The Robotics Revolution has arrived … and one $7 stock could take off as a result.
Robots aren't coming to America in 2025. They are already here. Oxford Economics says, "The Robotics Rev...
Weiss Ratings | Sponsored
Trump’s treachery
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
The Buffett Indicator is screaming, “sell stocks, buy gold”
A Historic Gold Announcement Is About to Rock Wall Street For months, sharp-eyed analysts have watched the ...
Golden Portfolio | Sponsored
Silicon Valley Gold Rush
A new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...
Stansberry Research | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
Here’s How to Claim Your Stake in Elon’s Private Company, xAI
Even though xAI is a private company, tech legend and angel investor Jeff Brown found a way for everyday folks...
Brownstone Research | Sponsored