Essent Group vs NMI
Essent Group reported revenue of $1.3 billion in fiscal 2025, 1.8 times NMI's $706 million in fiscal 2025. Essent Group's revenue grew 1.4% in its latest year, and NMI's grew 8.5%. Free cash flow was $849 million at Essent Group and $413 million at NMI.
Side by side
| Essent Group | NMI | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.3B | $706M |
| Revenue growth | 1.4% | 8.5% |
| Revenue growth a year, last 5 years | 5.7% | 10.3% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 54.7% | 55.0% |
| Free cash flow | $849M | $413M |
| Free cash flow margin | 67.3% | 58.4% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $710M | $105M |
| Change in diluted share count | −6.1% | −2.8% |
| Last close | $63.41 | $39.03 |
| P/E at the last close | 8.7× | 7.7× |
| Insider trades, last 12 months | sold $16.8 million | sold $17.0 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Essent GroupNMI
Operating margin
Percent of revenue
Essent GroupNMI
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Essent GroupNMI
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Essent Group and NMI pages.