NMI Historical Income Statement

NMIH Stock  USD 38.27  0.35  0.92%   
Historical analysis of NMI Holdings income statement accounts such as Total Revenue of 608 M can show how well NMI Holdings performed in making a profits. Evaluating NMI Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NMI Holdings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining NMI Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NMI Holdings is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.

About NMI Income Statement Analysis

NMI Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NMI Holdings shareholders. The income statement also shows NMI investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NMI Holdings Income Statement Chart

As of now, NMI Holdings' EBIT is increasing as compared to previous years. The NMI Holdings' current EBITDA is estimated to increase to about 479.3 M, while Depreciation And Amortization is projected to decrease to under 8.6 M.

Total Revenue

Total revenue comprises all receipts NMI Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NMI Holdings. It is also known as NMI Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from NMI Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NMI Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.As of now, NMI Holdings' EBIT is increasing as compared to previous years. The NMI Holdings' current EBITDA is estimated to increase to about 479.3 M, while Depreciation And Amortization is projected to decrease to under 8.6 M.

NMI Holdings income statement Correlations

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0.490.450.410.290.290.00.180.18-0.63-0.420.170.410.190.030.110.47-0.220.4-0.040.26-0.51
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NMI Holdings Account Relationship Matchups

NMI Holdings income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization9.3M9.9M11.2M11.9M11.5M8.6M
Interest Expense12.1M24.4M31.8M32.2M32.2M16.5M
Selling General Administrative2.2M131.6M142.3M117.5M135.1M94.8M
Total Revenue370.1M436.2M485.6M524.5M579.0M608.0M
Gross Profit370.1M436.2M485.6M524.5M579.0M608.0M
Other Operating Expenses153.5M218.1M188.9M147.2M2M1.9M
Operating Income213.8M214.8M294.7M398.4M577.0M605.9M
Ebit213.8M242.5M328.5M409.5M444.9M467.2M
Ebitda223.1M252.4M339.8M421.3M456.5M479.3M
Cost Of Revenue(5.5M)(12.5M)(59.2M)12.3M11.1M11.6M
Total Operating Expenses(156.3M)(221.4M)(190.9M)117.5M2M1.9M
Income Before Tax216.7M218.1M296.7M377.3M412.7M433.3M
Total Other Income Expense Net2.9M(24.1M)(31.2M)(31.1M)(164.3M)(156.1M)
Net Income172.0M171.6M231.1M292.9M322.1M338.2M
Net Income From Continuing Ops172.0M171.6M231.1M292.9M322.1M338.2M
Net Income Applicable To Common Shares172.0M171.6M231.1M292.9M336.8M353.7M
Income Tax Expense44.7M46.5M65.6M84.4M90.6M95.1M
Non Operating Income Net Other2.2M2.8M(2.5M)1.1M1.3M1.3M
Tax Provision44.7M46.5M65.6M84.4M90.6M46.2M
Net Interest Income(12.1M)(24.4M)(31.8M)(32.2M)(32.2M)(33.8M)
Reconciled Depreciation9.3M9.9M11.2M11.9M11.5M10.7M

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When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NMI Holdings. If investors know NMI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NMI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Earnings Share
4.39
Revenue Per Share
7.914
Quarterly Revenue Growth
0.121
Return On Assets
0.1019
The market value of NMI Holdings is measured differently than its book value, which is the value of NMI that is recorded on the company's balance sheet. Investors also form their own opinion of NMI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NMI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NMI Holdings' market value can be influenced by many factors that don't directly affect NMI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NMI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NMI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NMI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.