NMI Holdings Inc. | Mid-cap | Financial Services
$42.88
1.64%
| NMI Holdings Stock Comparison:
NMI Holdings vs Ryan SpecialtyNMI Holdings vs Fidelity NationalNMI Holdings vs Axis CapitalNMI Holdings vs MGIC InvestmentNMI Holdings vs EssentNMI Holdings vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 651.0M
Net Income 360.1M 55.32%
EPS (Diluted) $4.43

Balance Sheet Metrics

Total Assets 3.3B
Total Liabilities 1.1B
Shareholders Equity 2.2B
Debt to Equity 0.51

Cash Flow Metrics

Operating Cash Flow 454.0M
Free Cash Flow 386.7M

Revenue & Profitability Trend

NMI Holdings Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 651.0M 579.0M 524.5M 485.6M 436.2M
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 0 0 0 0 2.8M
Operating Income - - - - -
Pre-tax Income 463.4M 412.7M 377.3M 296.7M 218.1M
Income Tax 103.3M 90.6M 84.4M 65.6M 46.5M
Net Income 360.1M 322.1M 292.9M 231.1M 171.6M
EPS (Diluted) $4.43 $3.84 $3.39 $2.65 $2.13

Income Statement Trend

NMI Holdings Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 3.3B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 1.1B - - - -
Equity
Total Shareholders Equity 2.2B 1.9B 1.6B 1.6B 1.4B

Balance Sheet Composition

NMI Holdings Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 360.1M 322.1M 292.9M 231.1M 171.6M
Operating Cash Flow 454.0M 415.7M 380.5M 299.1M 215.8M
Investing Activities
Capital Expenditures - - - -12.2M -12.2M
Investing Cash Flow -332.4M -190.6M -279.2M -374.2M -629.6M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -101.0M -101.0M -61.8M -6.5M 453.9M
Free Cash Flow 386.7M 333.3M 302.8M 313.5M 240.4M

Cash Flow Trend

NMI Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.10
Forward P/E 8.83
Price to Book 1.42
Price to Sales 4.93
PEG Ratio 8.83

Profitability Ratios

Profit Margin 55.93%
Operating Margin 79.93%
Return on Equity 17.38%
Return on Assets 9.98%

Financial Health

Current Ratio 1.94
Debt to Equity 18.34
Beta 0.55

Per Share Data

EPS (TTM) $4.63
Book Value per Share $29.65
Revenue per Share $8.43

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
nmih 3.3B 9.10 1.42 17.38% 55.93% 18.34
Ryan Specialty 18.2B 192.58 16.10 18.19% 1.95% 365.74
Fidelity National 15.4B 13.88 1.95 14.49% 8.39% 54.22
Axis Capital 8.4B 10.61 1.57 15.44% 14.54% 25.23
MGIC Investment 6.4B 9.01 1.26 15.12% 63.49% 12.55
Essent 6.2B 8.93 1.11 13.29% 57.30% 8.73

Financial data is updated regularly. All figures are in the company's reporting currency.