NMI Holdings, Inc. (NMIH) Return on equity 2016–2025
NMI Holdings, Inc. (NMIH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
15.0%FY2025 · since FY2016: 13.5% → 15.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 15.0% | -1.2 pp |
| FY2024 | 16.2% | -0.5 pp |
| FY2023 | 16.7% | -1.4 pp |
| FY2022 | 18.2% | +3.4 pp |
| FY2021 | 14.8% | +2.2 pp |
| FY2020 | 12.5% | -6.0 pp |
| FY2019 | 18.5% | +3.1 pp |
| FY2018 | 15.4% | +11.1 pp |
| FY2017 | 4.3% | -9.1 pp |
| FY2016 | 13.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice