See more : FAX Capital Corp. (FXC.TO) Income Statement Analysis – Financial Results
Complete financial analysis of NMI Holdings, Inc. (NMIH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of NMI Holdings, Inc., a leading company in the Insurance – Specialty industry within the Financial Services sector.
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NMI Holdings, Inc. (NMIH)
About NMI Holdings, Inc.
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; 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. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 579.00M | 524.46M | 485.64M | 436.19M | 370.11M | 273.63M | 178.64M | 121.92M | 55.51M | 22.21M | 5.56M | 283.63K | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 60.74M | 0.00 | 0.00 |
| Gross Profit | 579.00M | 524.46M | 485.64M | 436.19M | 370.11M | 273.63M | 178.64M | 121.92M | 55.51M | 22.21M | -55.18M | 283.63K | 0.00 |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | -992.50% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 2.25M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22.89M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.00M | 2.00M | 2.30M | 2.30M | 2.25M | 2.10M | 0.00 | 0.00 | 0.00 | 9.18M | 10.37M | 22.89M | 1.25M |
| Other Expenses | 0.00 | 117.49M | -190.89M | -221.37M | -158.56M | 117.24M | 106.98M | 93.22M | 80.60M | 73.04M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 2.00M | 117.49M | -190.89M | -221.37M | -156.32M | 137.67M | 125.85M | 110.46M | 83.31M | 73.50M | 60.74M | 22.89M | 1.25M |
| Cost & Expenses | 2.00M | 147.15M | 188.91M | 218.08M | 153.46M | 137.67M | 125.85M | 110.46M | 83.31M | 73.50M | 60.74M | 27.78M | -1.35M |
| Interest Income | 0.00 | 32.16M | 31.80M | 24.39M | 12.09M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 32.21M | 32.16M | 31.80M | 24.39M | 12.09M | 14.98M | 13.53M | 14.85M | 2.06M | 0.00 | 0.00 | 1.63M | 3.73K |
| Depreciation & Amortization | 11.54M | 11.87M | 11.23M | 9.93M | 9.30M | 7.81M | 6.66M | 4.90M | 4.86M | 8.08M | 8.12M | 2.92K | 0.00 |
| EBITDA | 456.46M | 421.34M | 339.75M | 252.42M | 238.04M | 158.75M | 72.98M | 31.20M | -20.88M | -43.21M | -47.07M | -27.49M | -1.35M |
| EBITDA Ratio | 78.83% | 78.22% | 63.01% | 51.53% | 60.28% | 58.02% | 40.86% | 26.21% | -37.60% | -194.58% | -846.55% | -9,117.60% | 0.00% |
| Operating Income | 577.00M | 398.39M | 294.75M | 214.82M | 213.80M | 150.94M | 66.32M | 26.30M | -25.74M | -51.29M | -55.18M | -25.86M | -1.35M |
| Operating Income Ratio | 99.65% | 75.96% | 60.69% | 49.25% | 57.77% | 55.16% | 37.13% | 21.57% | -46.36% | -230.96% | -992.52% | -9,118.63% | 0.00% |
| Total Other Income/Expenses | -164.30M | -31.05M | -31.23M | -24.08M | -20.74M | -18.58M | -17.63M | -112.36M | -27.79M | 10.04M | -51.91M | 278.00K | -3.73K |
| Income Before Tax | 412.70M | 377.31M | 296.73M | 218.11M | 216.65M | 135.96M | 52.79M | 11.45M | -27.79M | -51.29M | -55.18M | -27.49M | -1.35M |
| Income Before Tax Ratio | 71.28% | 71.94% | 61.10% | 50.00% | 58.54% | 49.69% | 29.55% | 9.39% | -50.07% | -230.96% | -992.52% | -9,692.84% | 0.00% |
| Income Tax Expense | 90.59M | 84.40M | 65.60M | 46.54M | 44.70M | 28.03M | 30.74M | -54.39M | 2.08M | -2.39M | -1.53M | 0.00 | 0.00 |
| Net Income | 322.11M | 292.90M | 231.13M | 171.57M | 171.96M | 107.93M | 22.05M | 65.84M | -27.79M | -48.91M | -55.18M | -27.49M | -1.35M |
| Net Income Ratio | 55.63% | 55.85% | 47.59% | 39.33% | 46.46% | 39.44% | 12.34% | 54.01% | -50.07% | -220.22% | -992.52% | -9,692.84% | 0.00% |
| EPS | 3.91 | 3.45 | 2.70 | 2.20 | 2.54 | 1.66 | 0.37 | 1.11 | -0.47 | -0.84 | -0.99 | -0.73 | -0.02 |
| EPS Diluted | 3.84 | 3.39 | 2.65 | 2.13 | 2.47 | 1.60 | 0.35 | 1.08 | -0.47 | -0.84 | -0.99 | -0.73 | -0.02 |
| Weighted Avg Shares Out | 82.41M | 84.92M | 85.62M | 78.02M | 67.57M | 65.02M | 59.82M | 59.07M | 58.68M | 58.22M | 56.01M | 37.91M | 55.64M |
| Weighted Avg Shares Out (Dil) | 83.85M | 86.00M | 86.89M | 79.26M | 69.72M | 67.65M | 62.19M | 60.83M | 58.68M | 58.28M | 56.01M | 37.91M | 55.64M |
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