Financial Services
Live Price
Offline$40.62
+2.71% today
1Y Change
-10.74%
Window
Jun 30, 2025 → Jun 22, 2026
Coverage: 245 bars · Jun 30, 2025 → Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
NMI Holdings, Inc. (NMIH) is a Financial Services stock with a market cap of $2.83B and listed on NASDAQ. The stock last traded around $40.62 and down 10.7% across the available one-year price window (Jun 30, 2025 → Jun 22, 2026). Baseline metrics include revenue growth of +8.4%, EPS growth of +11.1%, a dividend yield of 0.0%. What stands out right now is revenue +8.4%, EPS +11.1%, free cash flow +6.7% with operating margin 68.9% and ROIC -0.2%. Valuation is more restrained than many high-expectation growth names at P/E 7.3 and price/sales 4.0. Stock Foundry combines NMIH price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Benchmark Edge
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
Relative Read
NMIH is 31.22 pts behind over the shared 1Y window.
NMIH had 8.94 pts deeper max drawdown than SPY.
NMIH beat SPY in 0 of 2 calendar years shown and trailed in 2.
NMIH
-10.74%
Normalized return
SPY
+20.48%
S&P 500
Excess Return
-31.22 pts
Relative to SPY
NMIH Max Drawdown
-18.08%
Trailing 1Y
SPY Max Drawdown
-9.13%
Trailing 1Y
Uses the longest available daily history for NMIH and SPY.
| Year | NMIH | SPY | Excess | Leader |
|---|---|---|---|---|
| 2026 | -7.26% | +6.71% | -13.97 pts | SPY |
| 2025 | -2.32% | +11.19% | -13.52 pts | SPY |
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$485.6M
-7.4% YoY
FY Net Income
$231.1M
-21.1% YoY
Free Cash Flow
$313.5M
+3.5% YoY
Revenue Growth
+8.4%
EPS Growth
+11.1%
Gross Margin
89.7%
Net Margin
53.8%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 706M | 651M | 579M | 524M | 486M |
| Gross Profit | 648M | 619M | 556M | 527M | 471M |
| Operating Income | 500M | 463M | 413M | 377M | 297M |
| EBITDA | 528M | 512M | 456M | 421M | 340M |
| Net Income | 389M | 360M | 322M | 293M | 231M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 44M | 54M | 95M | 42M | 73M |
| Total Assets | 3.8B | 3.3B | 2.9B | 2.5B | 2.5B |
| Total Liabilities | 1.2B | 1.1B | 1.0B | 902M | 885M |
| Shareholder Equity | 2.6B | 2.2B | 1.9B | 1.6B | 1.6B |
| Total Debt | 417M | 415M | 398M | 396M | 395M |
| Net Debt | 373M | 361M | 302M | 354M | 321M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
326M
+3.9% YoY
Capital Expenditures
12M
-15.8% YoY
Free Cash Flow
313M
+3.5% YoY
Key ratios
Gross Margin
89.7%
Operating Margin
68.9%
Net Margin
53.8%
ROE
0.1%
Debt / Equity
0.00x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.