NMI Holdings Inc

NMI Holdings Inc

41.49
USD
+0.72
(+1.77%)
5.08EPS
7.95P/E
3.10BMarket Cap
Nov 05Next Earn

Total Valuation

USD

As of June 30, 2026, NMI Holdings Inc carries a market capitalization of 3.10B, placing it among publicly traded companies globally. Its enterprise value stands at 2.89B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap3.10B
Enterprise Value2.89B

Important Dates

NMI Holdings Inc's next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, NMI Holdings Inc has 75.37M shares outstanding.

Shares Outstanding75.37M

Valuation Ratios

As of June 30, 2026, NMI Holdings Inc trades at a trailing price-to-earnings ratio of 7.95. The price-to-sales ratio is 4.30, and the price-to-book ratio stands at 1.14.

PE Ratio7.95
PS Ratio4.30
PB Ratio1.14
P/TBV Ratio1.15
P/FCF Ratio7.18
P/OCF Ratio7.01

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 3.95 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. NMI Holdings Inc trades at an EV/FCF ratio of 6.18, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 2.89B versus a market cap of 3.10B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.95
EV / FCF6.18

Financial Position

These figures are as of June 30, 2026.

Debt / Equity15.45

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, NMI Holdings Inc posted a return on equity (ROE) of 15.43, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 10.42, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 14.01, useful for judging operating efficiency across full business cycles. The company generates approximately 3.23M in revenue per employee across its workforce of 226.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)15.43
Return on Assets (ROA)10.42
Return on Capital Employed (ROCE)14.01
Revenue Per Employee3.23M
Employee Count226.25

Taxes

USD

Over the twelve months ended June 30, 2026, NMI Holdings Inc recorded 111.39M in income tax expense. That works out to an effective tax rate of 21.98, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 506.72M, leaving 395.33M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax111.39M
Effective Tax Rate21.98

Stock Price Statistics

USD

As of the close on October 22, 2026, NMI Holdings Inc's stock has gained approximately 12.01% over the past 52 weeks. The 50-day moving average sits at 42.61, while the 200-day moving average is 40.13.

52-Week Price Change12.01%
50-Day Moving Average42.61
200-Day Moving Average40.13

Income Statement

USD

Over the twelve months ended June 30, 2026, NMI Holdings Inc generated 730.78M in revenue and converted that into 395.33M in net income, yielding earnings per share of 5.08.

Revenue730.78M
Pretax Income506.72M
Net Income395.33M
Earnings Per Share (EPS)5.08

Balance Sheet

USD

As of June 30, 2026, NMI Holdings Inc holds 627.27M in cash and equivalents against 418.02M in total debt, resulting in a net debt position of 345.90M.

Cash & Cash Equivalents627.27M
Total Debt418.02M
Net Debt345.90M
Equity (Book Value)2.71B
Book Value Per Share35.89

Cash Flow

USD

NMI Holdings Inc produced 448.51M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -3.48M in capital expenditures, free cash flow totaled 445.03M - equivalent to 5.82 per share.

Operating Cash Flow448.51M
Capital Expenditures-3.48M
Free Cash Flow445.03M
FCF Per Share5.82

Margins

These figures cover the twelve months ended June 30, 2026.

Pretax Margin69.34
Profit Margin54.10

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 13.93, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.18, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to NMI Holdings Inc shareholders.

Shareholder Yield4.18
FCF Yield13.93