NMI Holdings Inc (NMIH) — Free Cash Flow Generation Index

Latest as of June 2026: 0.98x

NMI Holdings Inc (NMIH) has a Free Cash Flow Generation Index of 0.98x as of June 2026. Free cash flow of $140.25 Million represents 1% of operating cash flow ($142.63 Million). Explore NMI Holdings Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.98x
Free Cash Flow / Operating CF

Free Cash Flow

$140.25 Million
USD

Operating Cash Flow

$142.63 Million
USD

Capital Expenditures

$2.38 Million
USD

NMI Holdings Inc Free Cash Flow Generation Index (2015–2025)

Historical FCF Generation Index trend for NMI Holdings Inc across 11 annual periods. For the full cash flow conversion analysis, see NMI Holdings Inc cash conversion from operations.

Annual Free Cash Flow Generation for NMI Holdings Inc (2015–2025)

Year-by-year Free Cash Flow Generation Index for NMI Holdings Inc. Check NMI Holdings Inc (NMIH) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.98x $412.52 Million $419.30 Million $6.78 Million ▲ +0.1%
2024 0.98x $386.70 Million $393.60 Million $6.91 Million ▲ +1.0%
2023 0.97x $333.31 Million $342.68 Million $9.37 Million ▲ +0.7%
2022 0.97x $302.82 Million $313.39 Million $10.57 Million ▲ +0.4%
2021 0.96x $313.48 Million $325.72 Million $12.24 Million ▲ +1.1%
2020 0.95x $240.44 Million $252.60 Million $12.16 Million ▼ 0.0%
2019 0.95x $198.19 Million $208.15 Million $9.96 Million ▲ +0.8%
2018 0.94x $137.80 Million $145.86 Million $8.06 Million ▲ +8.0%
2017 0.87x $59.25 Million $67.76 Million $8.51 Million ▲ +4.0%
2016 0.84x $60.47 Million $71.94 Million $11.47 Million ▼ -1.3%
2015 0.85x $35.33 Million $41.46 Million $6.13 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).