NMI Financial Ratios
NASDAQ: NMIHFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NMI ratio analysis
NMI earned a net margin of 55.1% in FY 2025, down from 55.3% a year earlier. Return on equity reached 15.0%, meaning NMI generated 0.15 dollars of profit for every dollar of shareholders' equity. At the end of FY 2025, NMIH traded at 8.3 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 6.2 to 48.6, with a median of 9.2.
Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
NMI financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 8.25 | 8.33 | 7.73 | 6.17 | 8.25 | 10.63 | 13.10 | 11.34 | 48.57 | 10.14 |
| Price / sales | 4.46 | 4.53 | 4.22 | 3.39 | 3.86 | 4.08 | 5.77 | 4.29 | 5.56 | 5.08 |
| Price / book | 1.22 | 1.33 | 1.27 | 1.10 | 1.19 | 1.29 | 2.35 | 1.68 | 2.00 | 1.32 |
| Net margin | 55.1% | 55.3% | 55.6% | 56.0% | 47.6% | 39.6% | 45.4% | 39.2% | 12.1% | 51.7% |
| Free cash flow margin | 58.4% | 59.4% | 57.6% | 57.9% | 64.6% | 55.5% | 52.3% | 50.1% | 32.4% | 48.8% |
| Return on equity (ROE) | 15.0% | 16.2% | 16.7% | 18.2% | 14.8% | 12.5% | 18.5% | 15.4% | 4.3% | 13.5% |
| Return on assets (ROA) | 10.1% | 10.7% | 11.0% | 11.6% | 9.4% | 7.9% | 12.6% | 9.9% | 2.5% | 7.6% |
| Debt / equity | — | — | — | 0.25 | 0.25 | 0.29 | 0.16 | 0.21 | 0.28 | 0.30 |
| Revenue growth | 8.5% | 12.4% | 10.6% | 7.9% | 12.0% | 14.4% | 37.7% | 50.5% | 47.6% | 131.0% |
| EPS growth | 11.1% | 15.4% | 13.3% | 27.9% | 24.4% | -13.8% | 54.4% | 357.1% | -66.7% | — |