NMIH Cash Flow Statement - NMI Holdings Inc - Alpha Spread

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Price: 38.73 USD -0.36% Market Closed

Market Cap: $2.9B

Metric	FY2016 Dec 2016	FY2017 Dec 2017	FY2018 Dec 2018	FY2019 Dec 2019	FY2020 Dec 2020	FY2021 Dec 2021	FY2022 Dec 2022	FY2023 Dec 2023	FY2024 Dec 2024	FY2025 Dec 2025
Net Income	65.8m	22.1m	107.9m	172m	171.6m	231.1m	292.9m	322.1m	360.1m	388.9m
Depreciation & Amortization	5.7m	6.7m	7.8m	9.3m	9.9m	11.2m	11.9m	11.5m	11.9m	11.3m
Change in Deferred Taxes	(54.7m)	31.1m	25.9m	45.1m	46.5m	65.5m	84.4m	90.6m	80.7m	71.8m
Stock-Based Compensation	6.9m	9.5m	12.6m	13m	11.1m	16.7m	15.4m	16.9m	19.8m	20.2m
Other Non-Cash Items	11.4m	15.9m	17.4m	22.8m	12.9m	22.7m	19.6m	13.7m	25.3m	13.6m
Cash Taxes Paid	200k	1.2m	900k	(100k)	(100k)	(500k)	0	20k	20m	42.4m
Cash Interest Paid	9.7m	13.4m	12.1m	10.7m	17.6m	29.5m	29.5m	29.5m	14m	31.5m
Change in Working Capital	43.8m	(7.9m)	(13.2m)	(41m)	11.7m	(4.8m)	(95.4m)	(95.3m)	(84.4m)	(66.3m)
Cash from Operating Activities	71.9m	67.8m	145.9m	208.2m	252.6m	325.7m	313.4m	342.7m	393.6m	419.3m
Capital Expenditures	(11.5m)	(8.5m)	(8.1m)	(10m)	(12.2m)	(12.2m)	(10.6m)	(9.4m)	(6.9m)	(6.8m)
Other Items	(68.3m)	(84.6m)	(212.6m)	(184.4m)	(617.4m)	(361.9m)	(279.2m)	(190.6m)	(332.4m)	(309.7m)
Cash from Investing Activities	(79.8m)	(93.1m)	(220.7m)	(194.4m)	(629.6m)	(374.2m)	(289.8m)	(200m)	(339.3m)	(316.5m)
Net Issuance of Common Stock	500k	7.3m	92.3m	21.7m	228.6m	4.7m	(50.6m)	(81.1m)	(93.3m)	(102.2m)
Net Issuance of Debt	(1.5m)	(1.5m)	1.9m	(1.5m)	252.3m	0	0	—	14.6m	0
Other	(800k)	(9m)	(13.3m)	(18.2m)	(18m)	(6.5m)	(5.2m)	(9.4m)	(18m)	(11m)
Cash from Financing Activities	(1.7m)	(3.2m)	80.9m	2m	462.8m	(1.8m)	(55.8m)	(90.4m)	(96.7m)	(113.2m)
Net Change in Cash	(9.6m)	(28.5m)	6.1m	15.8m	85.8m	(50.3m)	(32.2m)	52.3m	(42.4m)	(10.4m)

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