NMI Holdings Past Earnings Performance
Past criteria checks 4/6
NMI Holdings has been growing earnings at an average annual rate of 17%, while the Diversified Financial industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 10.2% per year. NMI Holdings's return on equity is 16.3%, and it has net margins of 56.2%.
Key information
17.0%
Earnings growth rate
13.8%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 10.2% |
| Return on equity | 16.3% |
| Net Margin | 56.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
How NMI Holdings' Superior Credit Quality Drives Growth
Oct 23Does NMI Holdings (NASDAQ:NMIH) Deserve A Spot On Your Watchlist?
Sep 26
NMI Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03NMI Holdings, Inc.'s (NASDAQ:NMIH) Business And Shares Still Trailing The Market
Jul 21Here's Why NMI Holdings (NASDAQ:NMIH) Has Caught The Eye Of Investors
May 28NMI Holdings: Contrary To Its Name, This Is Not Your Enemy
May 10Not Many Are Piling Into NMI Holdings, Inc. (NASDAQ:NMIH) Just Yet
Apr 01Buy NMI Holdings: Home Mortgage Credit Managers Are Getting Cheap
Feb 18NMI Holdings, Inc. (NASDAQ:NMIH) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 17Do NMI Holdings' (NASDAQ:NMIH) Earnings Warrant Your Attention?
Jan 23Insufficient Growth At NMI Holdings, Inc. (NASDAQ:NMIH) Hampers Share Price
Dec 23Here's Why We Think NMI Holdings (NASDAQ:NMIH) Might Deserve Your Attention Today
Oct 11We Ran A Stock Scan For Earnings Growth And NMI Holdings (NASDAQ:NMIH) Passed With Ease
Jun 30Should You Be Adding NMI Holdings (NASDAQ:NMIH) To Your Watchlist Today?
Mar 23NMI Holdings insurance unit inks $154M excess-of-loss reinsurance deal
Aug 30NMI Holdings Is A Cheap Bet Against A Housing Cataclysm
Aug 03NMI Holdings Inc. Offers Strong Growth At A Reasonable Price
Dec 08Here's Why I Think NMI Holdings (NASDAQ:NMIH) Is An Interesting Stock
Nov 08NMI Holdings: This Compounder Still Remains Unnoticed And Provides Significant Upside Potential
Sep 06NMI Holdings: Don't Miss This Unique Attractive Entry Point
Jul 12Don't Ignore The Fact That This Insider Just Sold Some Shares In NMI Holdings, Inc. (NASDAQ:NMIH)
Mar 16NMI Holdings, Inc. (NASDAQ:NMIH) Insiders Have Been Selling
Mar 01Introducing NMI Holdings (NASDAQ:NMIH), The Stock That Soared 321% In The Last Five Years
Jan 07
NMI Holdings unit enters new quota share reinsurance pact
Jan 04Revenue & Expenses Breakdown
How NMI Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 636 | 357 | 2 | 0 |
| 30 Jun 24 | 618 | 348 | 2 | 0 |
| 31 Mar 24 | 598 | 337 | 2 | 0 |
| 31 Dec 23 | 579 | 322 | 2 | 0 |
| 30 Sep 23 | 561 | 312 | 2 | 0 |
| 30 Jun 23 | 543 | 305 | 2 | 0 |
| 31 Mar 23 | 533 | 300 | 2 | 0 |
| 31 Dec 22 | 523 | 293 | 2 | 0 |
| 30 Sep 22 | 515 | 280 | 1 | 0 |
| 30 Jun 22 | 509 | 264 | 1 | 0 |
| 31 Mar 22 | 497 | 246 | 2 | 0 |
| 31 Dec 21 | 485 | 231 | 2 | 0 |
| 30 Sep 21 | 470 | 219 | 4 | 0 |
| 30 Jun 21 | 454 | 197 | 3 | 0 |
| 31 Mar 21 | 441 | 166 | 3 | 0 |
| 31 Dec 20 | 433 | 172 | 2 | 0 |
| 30 Sep 20 | 428 | 173 | 2 | 0 |
| 30 Jun 20 | 422 | 185 | 2 | 0 |
| 31 Mar 20 | 405 | 197 | 2 | 0 |
| 31 Dec 19 | 379 | 172 | 2 | 0 |
| 30 Sep 19 | 350 | 157 | 0 | 0 |
| 30 Jun 19 | 320 | 132 | 0 | 0 |
| 31 Mar 19 | 297 | 118 | 0 | 0 |
| 31 Dec 18 | 275 | 108 | 2 | 0 |
| 30 Sep 18 | 253 | 71 | 0 | 0 |
| 30 Jun 18 | 230 | 58 | 0 | 0 |
| 31 Mar 18 | 205 | 39 | 0 | 0 |
| 31 Dec 17 | 183 | 22 | 0 | 0 |
| 30 Sep 17 | 165 | 84 | 0 | 0 |
| 30 Jun 17 | 151 | 77 | 0 | 0 |
| 31 Mar 17 | 139 | 73 | -1 | 0 |
| 31 Dec 16 | 124 | 64 | 0 | 0 |
| 30 Sep 16 | 106 | -1 | 8 | 0 |
| 30 Jun 16 | 85 | -12 | 4 | 0 |
| 31 Mar 16 | 67 | -24 | 8 | 0 |
| 31 Dec 15 | 54 | -28 | 0 | 0 |
| 30 Sep 15 | 42 | -33 | 9 | 0 |
| 30 Jun 15 | 32 | -39 | -16 | 0 |
| 31 Mar 15 | 25 | -42 | -4 | 0 |
| 31 Dec 14 | 19 | -49 | 9 | 0 |
| 30 Sep 14 | 15 | -52 | 7 | 0 |
| 30 Jun 14 | 12 | -55 | 49 | 0 |
| 31 Mar 14 | 10 | -58 | 52 | 0 |
| 31 Dec 13 | 7 | -55 | 10 | 0 |
Quality Earnings: NMIH has high quality earnings.
Growing Profit Margin: NMIH's current net profit margins (56.2%) are higher than last year (55.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMIH's earnings have grown by 17% per year over the past 5 years.
Accelerating Growth: NMIH's earnings growth over the past year (14.7%) is below its 5-year average (17% per year).
Earnings vs Industry: NMIH earnings growth over the past year (14.7%) exceeded the Diversified Financial industry 14.6%.
Return on Equity
High ROE: NMIH's Return on Equity (16.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 08:26 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NMI Holdings, Inc. is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Mark DeVries | Barclays |
| Terry Ma | Barclays |