NMI Holdings, Inc. (NMIH) Free cash flow
- Free cash flow · 12 months (USD): Value $441.61M; Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value 60.43%; Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | $441.61M | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. $448.51M − $6.91M ≈ $441.61M |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | 60.43% | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. $441.61M ÷ $730.78M × 100 ≈ 60.43% |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $448.51M | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | 1.13× | Operating cash flow / net income. Period ending 2026-06-30. $448.51M ÷ $395.33M ≈ 1.13× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | 448.51M USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations |
| Capital spending | 6.91M USD | Payments to Acquire Property, Plant, and Equipment |
| Market cap | (m) | |
| Free cash flow | 441.61M USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations · Payments to Acquire Property, Plant, and Equipment |
| Revenue | 730.78M USD | |
| Quarter-end shares | (m) | Common Stock, Shares, Outstanding |
| Net income | 395.33M USD | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $441.61M | (m) | $448.51M | $6.91M | (m) | $730.78M | (m) | $395.33M | (m) | (m) | 60.43% | 1.13× |
| 2026-03-31 | $428.06M | (m) | $434.24M | $6.17M | (m) | $716.67M | (m) | $385.70M | (m) | (m) | 59.73% | 1.13× |
| 2025-12-31 | $412.52M | (m) | $419.30M | $6.78M | (m) | $706.44M | (m) | $388.93M | (m) | (m) | 58.39% | 1.08× |
| 2025-09-30 | $386.85M | (m) | $393.38M | $6.53M | (m) | $692.21M | (m) | $380.88M | (m) | (m) | 55.89% | 1.03× |
| 2025-06-30 | $387.51M | (m) | $393.75M | $6.23M | (m) | $679.62M | (m) | $377.69M | (m) | (m) | 57.02% | 1.04× |
| 2025-03-31 | $376.76M | (m) | $383.18M | $6.42M | (m) | $667.96M | (m) | $373.62M | (m) | (m) | 56.40% | 1.03× |
| 2024-12-31 | $386.70M | (m) | $393.60M | $6.91M | (m) | $650.97M | (m) | $360.11M | (m) | (m) | 59.40% | 1.09× |
| 2024-09-30 | $380.92M | (m) | $387.90M | $6.98M | (m) | $635.85M | (m) | $357.35M | (m) | (m) | 59.91% | 1.09× |
| 2024-06-30 | $371.46M | (m) | $380.31M | $8.85M | (m) | $617.91M | (m) | $348.50M | (m) | (m) | 60.11% | 1.09× |
| 2024-03-31 | $354.38M | (m) | $364.42M | $10.04M | (m) | $598.48M | (m) | $336.70M | (m) | (m) | 59.21% | 1.08× |
| 2023-12-31 | $333.31M | (m) | $342.68M | $9.37M | (m) | $579.00M | (m) | $322.11M | (m) | (m) | 57.57% | 1.06× |
| 2023-09-30 | $333.64M | (m) | $344.36M | $10.71M | (m) | $560.73M | (m) | $311.64M | (m) | (m) | 59.50% | 1.10× |
| 2023-06-30 | $321.49M | (m) | $331.30M | $9.81M | (m) | $543.15M | (m) | $304.52M | (m) | (m) | 59.19% | 1.09× |
| 2023-03-31 | $312.80M | (m) | $322.92M | $10.12M | (m) | $532.68M | (m) | $299.68M | (m) | (m) | 58.72% | 1.08× |
| 2022-12-31 | $302.82M | (m) | $313.39M | $10.57M | (m) | $523.35M | (m) | $292.90M | (m) | (m) | 57.86% | 1.07× |
| 2022-09-30 | $315.05M | (m) | $325.94M | $10.89M | (m) | $515.31M | (m) | $280.49M | (m) | (m) | 61.14% | 1.16× |
| 2022-06-30 | $305.51M | (m) | $317.01M | $11.50M | (m) | $508.77M | (m) | $263.84M | (m) | (m) | 60.05% | 1.20× |
| 2022-03-31 | $308.81M | (m) | $320.56M | $11.76M | (m) | $497.32M | (m) | $245.92M | (m) | (m) | 62.09% | 1.30× |
| 2021-12-31 | $313.48M | (m) | $325.72M | $12.24M | (m) | $485.07M | (m) | $231.13M | (m) | (m) | 64.63% | 1.41× |
| 2021-09-30 | $306.84M | (m) | $319.00M | $12.16M | (m) | $469.90M | (m) | $218.87M | (m) | (m) | 65.30% | 1.46× |
| 2021-06-30 | $294.22M | (m) | $307.79M | $13.57M | (m) | $453.64M | (m) | $196.86M | (m) | (m) | 64.86% | 1.56× |
| 2021-03-31 | $277.09M | (m) | $290.21M | $13.12M | (m) | $440.83M | (m) | $166.19M | (m) | (m) | 62.86% | 1.75× |
| 2020-12-31 | $240.44M | (m) | $252.60M | $12.16M | (m) | $433.28M | (m) | $171.57M | (m) | (m) | 55.49% | 1.47× |
| 2020-09-30 | $271.95M | (m) | $283.56M | $11.61M | (m) | $428.28M | (m) | $173.49M | (m) | (m) | 63.50% | 1.63× |
| 2020-06-30 | $238.08M | (m) | $248.18M | $10.10M | (m) | $422.08M | (m) | $185.08M | (m) | (m) | 56.41% | 1.34× |
| 2020-03-31 | $218.03M | (m) | $227.72M | $9.70M | (m) | $405.31M | (m) | $197.33M | (m) | (m) | 53.79% | 1.15× |
| 2019-12-31 | $198.19M | (m) | $208.15M | $9.96M | (m) | $378.77M | (m) | $171.96M | (m) | (m) | 52.33% | 1.21× |
| 2019-09-30 | $175.90M | (m) | $186.08M | $10.18M | (m) | $350.13M | (m) | $157.28M | (m) | (m) | 50.24% | 1.18× |
| 2019-06-30 | $162.55M | (m) | $171.83M | $9.28M | (m) | $320.31M | (m) | $132.33M | (m) | (m) | 50.75% | 1.30× |
| 2019-03-31 | $144.57M | (m) | $153.01M | $8.44M | (m) | $296.58M | (m) | $118.47M | (m) | (m) | 48.75% | 1.29× |
| 2018-12-31 | $137.80M | (m) | $145.86M | $8.06M | (m) | $275.02M | (m) | $107.93M | (m) | (m) | 50.10% | 1.35× |
| 2018-09-30 | $118.37M | (m) | $125.33M | $6.97M | (m) | $253.30M | (m) | $70.64M | (m) | (m) | 46.73% | 1.77× |
| 2018-06-30 | $107.60M | (m) | $114.52M | $6.92M | (m) | $230.50M | (m) | $58.14M | (m) | (m) | 46.68% | 1.97× |
| 2018-03-31 | $84.17M | (m) | $90.98M | $6.81M | (m) | $205.24M | (m) | $38.91M | (m) | (m) | 41.01% | 2.34× |
| 2017-12-31 | $59.25M | (m) | $67.76M | $8.51M | (m) | $182.74M | (m) | $22.05M | (m) | (m) | 32.42% | 3.07× |
| 2017-09-30 | $51.62M | (m) | $61.51M | $9.89M | (m) | $164.83M | (m) | $83.54M | (m) | (m) | 31.32% | 0.74× |
| 2017-06-30 | $48.82M | (m) | $58.97M | $10.15M | (m) | $151.40M | (m) | $77.40M | (m) | (m) | 32.25% | 0.76× |
| 2017-03-31 | $56.90M | (m) | $69.12M | $12.22M | (m) | $138.68M | (m) | $73.40M | (m) | (m) | 41.03% | 0.94× |
| 2016-12-31 | $60.47M | (m) | $71.94M | $11.47M | (m) | $123.81M | (m) | $65.84M | (m) | (m) | 48.84% | 1.09× |
| 2016-09-30 | $67.09M | (m) | $77.50M | $10.41M | (m) | $106.05M | (m) | $-542.00K | (m) | (m) | 63.27% | -143.00× |
| 2016-06-30 | $60.84M | (m) | $70.39M | $9.55M | (m) | $85.23M | (m) | $-11.52M | (m) | (m) | 71.39% | -6.11× |
| 2016-03-31 | $42.60M | (m) | $49.74M | $7.14M | (m) | $66.65M | (m) | $-23.88M | (m) | (m) | 63.92% | -2.08× |
| 2015-12-31 | $35.33M | (m) | $41.46M | $6.13M | (m) | $53.61M | (m) | $-27.79M | (m) | (m) | 65.90% | -1.49× |
| 2015-09-30 | $8.97M | (m) | $14.72M | $5.75M | (m) | $44.62M | (m) | $-32.99M | (m) | (m) | 20.10% | -0.45× |
| 2015-06-30 | $-11.10M | (m) | $-4.38M | $6.72M | (m) | $35.30M | (m) | $-39.17M | (m) | (m) | -31.45% | 0.11× |
| 2015-03-31 | $-24.43M | (m) | $-16.55M | $7.87M | (m) | $28.35M | (m) | $-41.67M | (m) | (m) | -86.15% | 0.40× |
| 2014-12-31 | $-29.22M | (m) | $-21.00M | $8.22M | (m) | $22.21M | (m) | $-48.91M | (m) | (m) | -131.59% | 0.43× |
| 2014-09-30 | $-34.56M | (m) | $-26.62M | $7.94M | (m) | $17.55M | (m) | $-51.97M | (m) | (m) | -196.85% | 0.51× |
| 2014-06-30 | $-39.27M | (m) | $-31.40M | $7.88M | (m) | $13.10M | (m) | $-54.87M | (m) | (m) | -299.79% | 0.57× |
| 2014-03-31 | $-41.69M | (m) | $-35.06M | $6.63M | (m) | $9.33M | (m) | $-58.29M | (m) | (m) | -446.67% | 0.60× |
| 2013-12-31 | $-43.00M | (m) | $-36.31M | $6.69M | (m) | $5.56M | (m) | $-55.18M | (m) | (m) | -773.44% | 0.66× |
| 2013-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $-54.90M | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $-49.14M | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $-39.06M | (m) | (m) | (m) | (m) |
| 2012-12-31 | $-17.04M | (m) | $-14.60M | $2.45M | (m) | $284.00K | (m) | $-27.49M | (m) | (m) | -6001.06% | 0.53× |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $-27.49M | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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