NMIH - NASDAQ
NMI Holdings, Inc.
$35.42
-0.31%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.
At a Glance
Live SnapshotNMI Holdings, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
NMI Holdings, Inc. Cash Flow Statement
NMIH • NASDAQ
| NMI Holdings, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||
388.9M | 360.1M | 322.1M | 292.9M | 231.1M | 171.6M | 172M | 107.9M | 22.1M | 65.8M | -27.8M | -48.9M | -55.2M | -27.5M | |
7.2M | 10.9M | 11.5M | 11.9M | 11.2M | 9.9M | 10.3M | 7.8M | 6.7M | 5.7M | 4.9M | 8.1M | 8.1M | 2.9K | |
71.8M | 80.7M | 90.6M | 84.4M | 65.5M | 46.5M | 0.0 | 25.9M | 31.1M | -54.7M | 0.0 | -2.4M | 0.0 | 922.2K | |
20.2M | 19.8M | 16.9M | 15.4M | 16.7M | 11.1M | 13M | 12.6M | 9.5M | 6.9M | 8.2M | 9.2M | 10.4M | 6.1M | |
2M | 9.2M | 2.5M | 6M | 7.3M | 3.9M | 36.6M | 6.2M | 7M | 5.8M | -2.5M | -3.2M | 1.3M | 1.6M | |
(42.4M) | (20M) | (20K) | (0.0) | (0.0) | (0.0) | (0.0) | (867K) | (1.2M) | (200K) | (0.0) | (0.0) | (0.0) | (0.0) | |
-70.7M | -87M | -101M | -97.2M | -6.1M | 9.6M | -23.7M | -14.6M | -8.5M | 42.6M | 58.7M | 16.2M | -953K | 4.2M | |
419.3M | 393.6M | 342.7M | 313.4M | 325.7M | 252.6M | 208.2M | 145.9M | 67.8M | 71.9M | 41.5M | -21M | -36.3M | -14.6M | |
INVESTING ACTIVITIES | ||||||||||||||
-6.8M | -6.9M | -9.4M | -10.6M | -12.2M | -12.2M | -10M | -8.1M | -8.5M | -11.5M | -6.1M | -8.2M | -6.7M | -2.4M | |
(0.0) | (0.0) | (0.0) | (0.0) | (12.2M) | (12.2M) | (0.0) | (8.1M) | (8.5M) | (11.5M) | (159.6M) | (103.2M) | (240.7M) | -2.5M | |
-899M | -651.7M | -654.8M | -547.5M | -525M | -1.1B | (0.0) | -614.3M | -350.3M | -313.6M | -364.9M | -60.5M | -560.4M | -4.9M | |
589.4M | 319.3M | 464.2M | 268.3M | 163.1M | 490.8M | 0.0 | 401.7M | 265.7M | 245.3M | 140.9M | 136.8M | 147.1M | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | -12.2M | -12.2M | -184.4M | -8.1M | -8.5M | -11.5M | -159.6M | -103.2M | -240.7M | -7.4M | |
-316.5M | -339.3M | -200M | -289.8M | -374.2M | -629.6M | -194.4M | -220.7M | -93.1M | -79.8M | -230.2M | (68.1M) | -419.9M | -9.8M | |
FINANCING ACTIVITIES | ||||||||||||||
-102.2M | -93.3M | -81.1M | -50.6M | 4.7M | 228.6M | -18.2M | -9.7M | 0.0 | 532K | 415K | 1.1M | 27.9M | 510.5M | |
0.0 | 6.8M | 0.0 | 0.0 | 0.0 | 252.3M | -1.5M | 1.9M | -1.5M | -1.5M | 148.1M | 0.0 | 0.0 | -205K | |
-105.1M | -97.6M | -91.6M | -56.6M | (0.0) | (0.0) | -18.2M | (0.0) | -8.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-11M | -10.2M | -9.4M | -5.2M | -6.5M | -18M | 21.7M | 88.7M | -1.7M | -755K | -5.5M | -1.1M | -1.6M | -347.7K | |
-113.2M | -96.7M | -90.4M | -55.8M | -1.8M | 462.8M | 2M | 80.9M | -3.2M | -1.7M | 143M | 14K | 26.3M | 510.3M | |
CASH FLOW SUMMARY | ||||||||||||||
-10.4M | -42.4M | 52.3M | -32.2M | -50.3M | 85.8M | 15.8M | 6.1M | -28.6M | -9.6M | -45.7M | 47.1M | -429.9M | 485.9M | |
54.3M | 96.7M | 44.4M | 76.6M | 126.9M | 41.1M | 25.3M | 19.2M | 47.7M | 57.3M | 103M | 55.9M | 485.9M | 0.0 | |
43.9M | 54.3M | 96.7M | 44.4M | 76.6M | 126.9M | 41.1M | 25.3M | 19.2M | 47.7M | 57.3M | 103M | 55.9M | 485.9M | |
412.5M | 386.7M | 333.3M | 302.8M | 313.5M | 240.4M | 198.2M | 137.8M | 59.3M | 60.5M | 35.3M | -29.2M | -43M | -17M |
SEC Filings
NMIH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 14, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 01, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 10, 2026 | February 10, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | July 30, 2025 | June 30, 2025 | 2025 |
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