NMI HoldingsNMIH +2.68%82 OCF Margin % is 63.27% as of Mar. 2026, which is 7% above its 10-year median of 59.10. GuruFocus rates NMIH with a GF Score™ of 82/100 and a GF Value™ of $39.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 501 Insurance companies, NMI Holdings ranks better than 96.01% on this metric.
The historical rank and industry rank for NMI Holdings's OCF Margin % or its related term are showing as below:
NMIH'
s OCF Margin % Range Over the Past 10 Years
Min: 37.93 Med: 59.1 Max: 67.07
Current: 60.59
During the past 13 years, the highest OCF Margin % of NMI Holdings was 67.07%. The lowest was 37.93%. And the median was 59.10%.
NMIH's OCF Margin % is ranked better than 96.01% of 501
companies
in the Insurance industry
Industry Median: 10.85
vs NMIH: 60.59
NMI Holdings OCF Margin % Related Terms
NMI Holdings OCF Margin % Historical Data
* Premium members only.
The historical data trend for NMI Holdings's OCF 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.
For the Insurance - Specialty subindustry, NMI Holdings's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, NMI Holdings's OCF Margin % distribution charts can be found below:
* The bar in red indicates where NMI Holdings's OCF 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 OCF Margin % of 63.27% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NMI Holdings and its competitors. This is near median its historical median of 59.10. Over the past decade, NMI Holdings' OCF Margin % has ranged from 37.93 to 67.07. According to the industry distribution chart, NMI Holdings ranks #20 out of 501 companies in the Insurance industry, placing it in the top 4%.
Is NMI Holdings' OCF Margin % too high?
NMI Holdings' current OCF Margin % of 63.27% is near median its 10-year median of 59.10. Over the past 10 years, this metric has ranged from a low of 37.93 to a high of 67.07. The Insurance industry median OCF Margin % is 10.85. NMI Holdings' value of 63.27% is 483.1% above this industry median. Based on the distribution chart, NMI Holdings ranks #20 out of 501 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' OCF Margin % compare to AGO and RYAN?
According to the Insurance industry distribution chart, NMI Holdings ranks #20 out of 501 companies for OCF Margin %. This places NMI Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 10.85. NMI Holdings' value of 63.27% is 483.1% above this benchmark. Historically, NMI Holdings' own OCF Margin % has ranged from 37.93 to 67.07 over the past decade. While the company's 10-year median is 59.10 vs. the industry median of 10.85, 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 OCF Margin % for an Insurance company?
The median OCF Margin % among Insurance companies is 10.85, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMI Holdings's current OCF Margin % of 63.27% is 483.1% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NMI Holdings and its competitors. For the Insurance industry, the median OCF Margin % is 10.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMI Holdings's current OCF Margin % is 63.27%, which is near median its own 10-year median of 59.10. 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 $39.78, compared to a current price of $40.62 — trading 2.1% above its estimated fair value. The current OCF Margin % is 63.27%, which is near median its 10-year median of 59.10 and 483.1% above the Insurance industry median of 10.85. NMI Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For NMI Holdings (NMIH), the current OCF Margin % is 63.27% 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 overvalued.
The current stock price of $40.62 is trading 2.1% above its estimated GF Value™ of $39.78.
GuruFocus considers NMI Holdings to be Fairly Valued.
Key valuation signals for NMIH:
OCF Margin %: 63.27% (near median its 10-year median of 59.10)
GF Value™: $39.78 vs. price of $40.62 (2.1% above fair value)
Industry Position: 483.1% above the Insurance median (#20 of 501)
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
Get the complete analysis for NMIH
OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NMIH has been successfully added to your 
