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NMI Holdings (NMI Holdings) Net Margin %

: 55.10% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. NMI Holdings's Net Income for the three months ended in Dec. 2023 was $83.4 Mil. NMI Holdings's Revenue for the three months ended in Dec. 2023 was $151.4 Mil. Therefore, NMI Holdings's net margin for the quarter that ended in Dec. 2023 was 55.10%.

The historical rank and industry rank for NMI Holdings's Net Margin % or its related term are showing as below:

NMIH' s Net Margin % Range Over the Past 10 Years
Min: -220.22   Med: 42.95   Max: 55.85
Current: 55.63


NMIH's Net Margin % is ranked better than
95.88% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs NMIH: 55.63

NMI Holdings Net Margin % Historical Data

The historical data trend for NMI Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NMI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.46 39.33 47.59 55.85 55.63

NMI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.80 54.44 56.27 56.67 55.10

Competitive Comparison

For the Insurance - Specialty subindustry, NMI Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NMI Holdings Net Margin % Distribution

For the Insurance industry and Financial Services sector, NMI Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where NMI Holdings's Net Margin % falls into.



NMI Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NMI Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=322.11/579.003
=55.63 %

NMI Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=83.413/151.38
=55.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NMI Holdings  (NAS:NMIH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


NMI Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of NMI Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


NMI Holdings (NMI Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2100 Powell Street, Emeryville, CA, USA, 94608
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.
Executives
Bradley M Shuster director, officer: President and CEO 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
James G Jones director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Robert Owen Smith officer: EVP, Chief Risk Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Michael Curry Montgomery director C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Mohammad Nawaz Yousaf officer: EVP, Operations & Info. Tech. 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Nicholas Daniel Realmuto officer: VP, Controller 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Patrick L Mathis officer: EVP, Chief Risk Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Norman Peter Fitzgerald officer: EVP, Chief Sales Officer 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Ravi Mallela officer: Chief Financial Officer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Julie Norberg officer: Vice President, Controller 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
William J Leatherberry officer: EVP, General Counsel 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Claudia J Merkle officer: EVP, Chief Insurance Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Priya Cherian Huskins director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Adam Pollitzer officer: EVP, Chief Financial Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608