NMI HoldingsNMIH +2.76%82 EBITDA Margin % is 73.32% as of Mar. 2026, which is 9% above its 10-year median of 67.14. GuruFocus rates NMIH with a GF Score™ of 82/100 and a GF Value™ of $39.79 (Fairly Valued). The stock has 2 warning signs investors should review. Among 371 Insurance companies, NMI Holdings ranks better than 95.96% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. NMI Holdings's EBITDA for the
three
months ended in Mar. 2026 was $134.5 Mil. NMI Holdings's Revenue for the
three
months ended in Mar. 2026 was $183.5 Mil. Therefore, NMI Holdings's EBITDA margin for the quarter that ended in Mar. 2026 was 73.32%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
NMI Holdings EBITDA Margin % Related Terms
NMI Holdings EBITDA Margin % Historical Data
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The historical data trend for NMI Holdings's EBITDA 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.
NMIH vs AGO, RYAN, RDN: EBITDA Margin % Comparison
For the Insurance - Specialty subindustry, NMI Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA 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 EBITDA Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, NMI Holdings's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where NMI Holdings's EBITDA Margin % falls into.
* 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 (NMIH) has a EBITDA Margin % of 73.32% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NMI Holdings and its competitors. This is near median its historical median of 67.14. Over the past decade, NMI Holdings' EBITDA Margin % has ranged from 26.21 to 80.34. According to the industry distribution chart, NMI Holdings ranks #15 out of 371 companies in the Insurance industry, placing it in the top 4%.
Is NMI Holdings' EBITDA Margin % too high?
NMI Holdings' current EBITDA Margin % of 73.32% is near median its 10-year median of 67.14. Over the past 10 years, this metric has ranged from a low of 26.21 to a high of 80.34. The Insurance industry median EBITDA Margin % is 14.91. NMI Holdings' value of 73.32% is 391.8% above this industry median. Based on the distribution chart, NMI Holdings ranks #15 out of 371 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, NMI Holdings has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NMI Holdings' EBITDA Margin % compare to AGO and RYAN?
According to the Insurance industry distribution chart, NMI Holdings ranks #15 out of 371 companies for EBITDA Margin %. This places NMI Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 14.91. NMI Holdings' value of 73.32% is 391.8% above this benchmark. Historically, NMI Holdings' own EBITDA Margin % has ranged from 26.21 to 80.34 over the past decade. While the company's 10-year median is 67.14 vs. the industry median of 14.91, NMI Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Insurance company?
The median EBITDA Margin % among Insurance companies is 14.91, based on 371 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMI Holdings's current EBITDA Margin % of 73.32% is 391.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NMI Holdings and its competitors. For the Insurance industry, the median EBITDA Margin % is 14.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMI Holdings's current EBITDA Margin % is 73.32%, which is near median its own 10-year median of 67.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMI Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMI Holdings (NMIH) is currently considered Fairly Valued. The stock's GF Value™ is $39.79, compared to a current price of $39.43 — trading 0.9% below its estimated fair value. The current EBITDA Margin % is 73.32%, which is near median its 10-year median of 67.14 and 391.8% above the Insurance industry median of 14.91. NMI Holdings' overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For NMI Holdings (NMIH), the current EBITDA Margin % is 73.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NMI Holdings (NMIH) Overvalued in 2026?
Based on GuruFocus' analysis, NMI Holdings stock appears to be undervalued.
The current stock price of $39.43 is trading 0.9% below its estimated GF Value™ of $39.79.
GuruFocus considers NMI Holdings to be Fairly Valued.
Key valuation signals for NMIH:
EBITDA Margin %: 73.32% (near median its 10-year median of 67.14)
GF Value™: $39.79 vs. price of $39.43 (0.9% below fair value)
Industry Position: 391.8% above the Insurance median (#15 of 371)
No single metric tells the full story. See the NMIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.
82GF Score
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