NMIH
Income statement / Annual
Last year (2024), NMI Holdings, Inc.'s total revenue was $650.97 M,
an increase of 12.43% from the previous year.
In 2024, NMI Holdings, Inc.'s net income was $360.11 M.
See NMI Holdings, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$650.97 M |
$579.00 M |
$524.46 M |
$485.64 M |
$436.19 M |
$370.11 M |
$273.63 M |
$178.64 M |
$121.92 M |
$55.51 M |
| Cost of Revenue |
$32.27 M
|
$23.39 M
|
-$2.50 M
|
$14.81 M
|
$62.09 M
|
$14.76 M
|
$5.72 M
|
$5.96 M
|
$2.39 M
|
$650.00 K
|
| Gross Profit |
$618.70 M
|
$555.61 M
|
$526.96 M
|
$470.82 M
|
$374.10 M
|
$355.36 M
|
$267.91 M
|
$172.68 M
|
$119.52 M
|
$54.86 M
|
| Gross Profit Ratio |
0.95
|
0.96
|
1
|
0.97
|
0.86
|
0.96
|
0.98
|
0.97
|
0.98
|
0.99
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$2.25 M
|
$270.00 K
|
$617.00 K
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$2.25 M
|
$270.00 K
|
$617.00 K
|
$0.00
|
$0.00
|
| Other Expenses |
$155.29 M
|
$142.91 M
|
$149.65 M
|
$174.10 M
|
$156.00 M
|
$136.46 M
|
$131.68 M
|
$119.27 M
|
$108.07 M
|
$82.66 M
|
| Operating Expenses |
$155.29 M
|
$142.91 M
|
$149.65 M
|
$174.10 M
|
$156.00 M
|
$138.71 M
|
$131.95 M
|
$119.89 M
|
$108.07 M
|
$82.66 M
|
| Cost And Expenses |
$187.56 M
|
$166.30 M
|
$147.15 M
|
$188.91 M
|
$218.08 M
|
$153.46 M
|
$137.67 M
|
$125.85 M
|
$110.46 M
|
$83.31 M
|
| Interest Income |
$5.00 M
|
$2.30 M
|
$400.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$36.90 M
|
$32.21 M
|
$32.16 M
|
$31.80 M
|
$24.39 M
|
$12.09 M
|
$14.98 M
|
$13.53 M
|
$14.85 M
|
$2.06 M
|
| Depreciation & Amortization |
$11.94 M
|
$11.54 M
|
$11.87 M
|
$11.23 M
|
$9.93 M
|
$9.30 M
|
$7.81 M
|
$6.66 M
|
$5.66 M
|
$4.86 M
|
| EBITDA |
$512.24 M |
$456.46 M |
$421.34 M |
$339.75 M |
$252.42 M |
$238.04 M |
$158.75 M |
$72.98 M |
$31.96 M |
-$20.88 M |
| EBITDA Ratio |
0.79
|
0.79
|
0.8
|
0.7
|
0.58
|
0.64
|
0.58
|
0.41
|
0.26
|
-0.38
|
| Operating Income Ratio |
0.71
|
0.71
|
0.72
|
0.61
|
0.5
|
0.59
|
0.5
|
0.3
|
0.09
|
-0.5
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$463.41 M
|
$412.70 M
|
$377.31 M
|
$296.73 M
|
$218.11 M
|
$216.65 M
|
$135.96 M
|
$52.79 M
|
$11.45 M
|
-$27.79 M
|
| Income Before Tax Ratio |
0.71
|
0.71
|
0.72
|
0.61
|
0.5
|
0.59
|
0.5
|
0.3
|
0.09
|
-0.5
|
| Income Tax Expense |
$103.31 M
|
$90.59 M
|
$84.40 M
|
$65.60 M
|
$46.54 M
|
$44.70 M
|
$28.03 M
|
$30.74 M
|
-$52.55 M
|
$0.00
|
| Net Income |
$360.11 M
|
$322.11 M
|
$292.90 M
|
$231.13 M
|
$171.57 M
|
$171.96 M
|
$107.93 M
|
$22.05 M
|
$64.00 M
|
-$27.79 M
|
| Net Income Ratio |
0.55
|
0.56
|
0.56
|
0.48
|
0.39
|
0.46
|
0.39
|
0.12
|
0.52
|
-0.5
|
| EPS |
4.51 |
3.91 |
3.45 |
2.7 |
2.2 |
2.54 |
1.66 |
0.37 |
1.11 |
-0.47 |
| EPS Diluted |
4.43 |
3.84 |
3.39 |
2.65 |
2.13 |
2.47 |
1.6 |
0.35 |
1.08 |
-0.47 |
| Weighted Average Shares Out |
$79.84 M
|
$82.41 M
|
$84.92 M
|
$85.62 M
|
$78.02 M
|
$67.57 M
|
$65.02 M
|
$59.82 M
|
$59.07 M
|
$58.68 M
|
| Weighted Average Shares Out Diluted |
$81.27 M
|
$83.85 M
|
$86.00 M
|
$86.89 M
|
$79.26 M
|
$69.72 M
|
$67.65 M
|
$62.19 M
|
$60.83 M
|
$58.68 M
|
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