← NMI Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $65.8m |
$22.1m
-66.51%
|
$107.9m
+389.46%
|
$172.0m
+59.33%
|
$171.6m
-0.23%
|
$231.1m
+34.72%
|
$292.9m
+26.73%
|
$322.1m
+9.97%
|
$360.1m
+11.80%
|
$388.9m
+8.00%
|
— | |
| Depreciation, Depletion and Amortization | $4.9m | $6.7m | $7.8m | $9.3m | $9.9m | $11.2m | $11.9m | $11.5m | $11.9m | $11.3m | $10.5m | |
| Depreciation, Amortization and Accretion, Net | $5.7m | $6.7m | $7.8m | $9.3m | $9.9m | $11.2m | $11.9m | $11.5m | $11.9m | $11.3m | $10.5m | |
| Amortization of Debt Issuance Costs and Discounts | $1.9m | $1.5m | $3.4m | $1.0m | $4.0m | $1.9m | $1.8m | $2.0m | $2.2m | $2.4m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $400k | $5.8m | $8.1m | $8.4m | $19.1m | $22.8m | $11.9m | $3.6m | $7.1m | $7.7m | — | |
| Deferred Income Tax Expense (Benefit) | ($54.7m) | $30.0m | $26.4m | $45.1m | $46.5m | $65.5m | $84.4m | $90.6m | $80.7m | $71.8m | $70.4m | |
| Share-based Payment Arrangement, Noncash Expense | $6.9m | $9.5m | $12.6m | $13.0m | $11.1m | $16.7m | $15.4m | $16.9m | $19.8m | $20.2m | $20.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $755k | $8.6m | $9.7m | $18.2m | $9.0m | $5.4m | $5.2m | $9.4m | $10.2m | $11.0m | — | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($16.7m) | ($17.6m) | ($16.4m) | — | — | — | — | — | — | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $2.4m | $5.3m | $5.5m | $12.5m | $59.2m | $12.3m | ($3.6m) | $21.9m | $31.5m | $56.8m | — | |
| Net Cash Provided by (Used in) Operating Activities | $71.9m |
$67.8m
-5.81%
|
$145.9m
+115.25%
|
$208.2m
+42.70%
|
$252.6m
+21.35%
|
$325.7m
+28.95%
|
$313.4m
-3.78%
|
$342.7m
+9.35%
|
$393.6m
+14.86%
|
$419.3m
+6.53%
|
$448.5m
+6.97%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.5m | $8.5m | $8.1m | $10.0m | $12.2m | $12.2m | $10.6m | $9.4m | $6.9m | $6.8m | ($6.9m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $57k | $45k | $930k | $729k | $481k | ($33k) | $23k | $432k | — | |
| Gain (Loss) on Investments | — | — | $57k | $45k | $930k | $729k | $481k | ($33k) | $23k | $432k | ($432k) | |
| Net Cash Provided by (Used in) Investing Activities | ($79.8m) | ($93.1m) | ($220.7m) | ($194.4m) | ($629.6m) | ($374.2m) | ($289.8m) | ($200.0m) | ($339.3m) | ($316.5m) | ($331.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.5m | $1.5m | $147.4m | $1.5m | $147.8m | — | $0 | — | $405.1m | $0 | $0 | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | $149.2m | $0 | $400.0m | — | $0 | — | $419.7m | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $0 | $0 | ($7.0m) | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $56.6m | $91.6m | $97.6m | $105.1m | — | |
| Proceeds from Issuance of Common Stock | $532k | $183k | $79.2m | $0 | $219.7m | $0 | $0 | $10.5m | $4.3m | $2.9m | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($1.7m) |
($3.2m)
-88.10%
|
$80.9m
+2595.74%
|
$2.0m
-97.53%
|
$462.8m
+23040.20%
|
($1.8m)
-100.40%
|
($55.8m)
-2950.71%
|
($90.4m)
-61.96%
|
($96.7m)
-6.94%
|
($113.2m)
-17.07%
|
($129.4m)
-14.28%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($9.6m) | ($28.6m) | $6.1m | $15.8m | $85.8m | ($50.3m) | ($32.2m) | $52.3m | ($42.4m) | ($10.4m) | $72.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($9.6m) | ($28.6m) | $25.3m | $41.1m | $126.9m | $76.6m | $44.4m | $96.7m | $54.3m | $43.9m | $72.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $9.7m | $13.4m | $12.1m | $10.7m | $17.6m | $29.5m | $29.5m | $29.5m | $14.0m | $31.4m | — | |
| Income Taxes Paid, Net | $200k | $1.2m | $867k | ($64k) | ($70k) | $457k | $20k | ($20k) | $20.0m | $42.4m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | $3.2m | — | |
| Income Tax Expense (Benefit) | ($54.4m) | $30.7m | $28.0m | $44.7m | $46.5m | $65.6m | $84.4m | $90.6m | $103.3m | $110.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $36.9m | $28.5m | — | |
| Operating Lease, Expense | — | — | — | $2.2m | $2.3m | $2.3m | $2.0m | $2.0m | $2.1m | $2.1m | — |