NMI Holdings annual ebitda margin
2012
2013
2014
2015
2016
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2019
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2021
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2025
NMI Holdings EBITDA Margin Growth & History (NMIH)
NMI Holdings's ebitda margin was 72.35% for fiscal 2025.
View full NMI Holdings company overviewNMI Holdings annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 72.35% | −0.67 pp |
| 2024 | 2024-12-31 | 73.02% | −0.25 pp |
| 2023 | 2023-12-31 | 73.26% | −1.10 pp |
| 2022 | 2022-12-31 | 74.37% | +10.89 pp |
| 2021 | 2021-12-31 | 63.48% | +10.86 pp |
| 2020 | 2020-12-31 | 52.62% | −7.03 pp |
| 2019 | 2019-12-31 | 59.65% | +7.38 pp |
| 2018 | 2018-12-31 | 52.27% | +19.72 pp |
| 2017 | 2017-12-31 | 32.56% | +5.82 pp |
| 2016 | 2016-12-31 | 26.73% | +72.33 pp |
| 2015 | 2015-12-31 | −45.59% | +206.61 pp |
| 2014 | 2014-12-31 | −252.20% | +421.45 pp |
| 2013 | 2013-12-31 | −673.65% | +9005.22 pp |
| 2012 | 2012-12-31 | −9,678.87% | — |
NMI Holdings quarterly ebitda margin
Q3.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 74.20% | +1.44 pp |
| Q1 2026 | 2026-03-31 | 69.45% | −8.05 pp |
| Q4 2025 | 2025-12-31 | 68.54% | +0.20 pp |
| Q3 2025 | 2025-09-30 | 70.81% | −2.83 pp |
| Q2 2025 | 2025-06-30 | 72.76% | −2.27 pp |
| Q1 2025 | 2025-03-31 | 77.50% | +2.26 pp |
| Q4 2024 | 2024-12-31 | 68.35% | −3.10 pp |
| Q3 2024 | 2024-09-30 | 73.64% | −0.72 pp |
| Q2 2024 | 2024-06-30 | 75.03% | +0.11 pp |
| Q1 2024 | 2024-03-31 | 75.24% | +2.88 pp |
| Q4 2023 | 2023-12-31 | 71.45% | −1.95 pp |
| Q3 2023 | 2023-09-30 | 74.36% | −3.39 pp |
| Q2 2023 | 2023-06-30 | 74.92% | −0.82 pp |
| Q1 2023 | 2023-03-31 | 72.36% | +1.86 pp |
| Q4 2022 | 2022-12-31 | 73.40% | +8.55 pp |
| Q3 2022 | 2022-09-30 | 77.75% | +12.97 pp |
| Q2 2022 | 2022-06-30 | 75.74% | +12.54 pp |
| Q1 2022 | 2022-03-31 | 70.50% | +9.61 pp |
| Q4 2021 | 2021-12-31 | 64.85% | +6.49 pp |
| Q3 2021 | 2021-09-30 | 64.78% | +16.70 pp |
| Q2 2021 | 2021-06-30 | 63.20% | +28.51 pp |
| Q1 2021 | 2021-03-31 | 60.88% | −8.42 pp |
| Q4 2020 | 2020-12-31 | 58.36% | −4.01 pp |
| Q3 2020 | 2020-09-30 | 48.08% | −17.14 pp |
| Q2 2020 | 2020-06-30 | 34.69% | −23.65 pp |
| Q1 2020 | 2020-03-31 | 69.30% | +18.65 pp |
| Q4 2019 | 2019-12-31 | 62.37% | +22.60 pp |
| Q3 2019 | 2019-09-30 | 65.22% | +6.28 pp |
| Q2 2019 | 2019-06-30 | 58.34% | −0.58 pp |
| Q1 2019 | 2019-03-31 | 50.65% | −2.06 pp |
| Q4 2018 | 2018-12-31 | 39.78% | −12965.06 pp |
| Q3 2018 | 2018-09-30 | 58.94% | +7.66 pp |
| Q2 2018 | 2018-06-30 | 58.92% | +24.81 pp |
| Q1 2018 | 2018-03-31 | 52.71% | +20.51 pp |
| Q4 2017 | 2017-12-31 | 13,004.84% | +481.98 pp |
| Q3 2017 | 2017-09-30 | 51.28% | +15.18 pp |
| Q2 2017 | 2017-06-30 | 34.11% | +10.09 pp |
| Q1 2017 | 2017-03-31 | 32.20% | +32.00 pp |
| Q4 2016 | 2016-12-31 | 12,522.86% | +27086.86 pp |
| Q3 2016 | 2016-09-30 | 36.10% | +57.71 pp |
| Q2 2016 | 2016-06-30 | 24.02% | +110.40 pp |
| Q1 2016 | 2016-03-31 | 0.20% | +89.98 pp |
| Q4 2015 | 2015-12-31 | −14,564.00% | — |
| Q3 2015 | 2015-09-30 | −21.61% | +177.29 pp |
| Q2 2015 | 2015-06-30 | −86.37% | +290.04 pp |
| Q1 2015 | 2015-03-31 | −89.78% | +234.10 pp |
| Q3 2014 | 2014-09-30 | −198.90% | +350.52 pp |
| Q2 2014 | 2014-06-30 | −376.41% | +1563.80 pp |
| Q1 2014 | 2014-03-31 | −323.88% | +2190.71 pp |
| Q4 2013 | 2013-12-31 | −256.51% | — |
| Q3 2013 | 2013-09-30 | −549.42% | +927674.03 pp |
| Q2 2013 | 2013-06-30 | −1,940.21% | — |
| Q1 2013 | 2013-03-31 | −2,514.59% | — |
| Q3 2012 | 2012-09-30 | −928,223.46% | — |
NMI Holdings ebitda margin trends
Over the last five fiscal years, NMI Holdings's ebitda margin increased from 52.62% to 72.35%, a change of +19.73 percentage points. The latest reported quarter, Q2 2026, shows 74.20%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review NMI Holdings source filings ↗