Finance Of America Companies vs NMI Holdings
NMI Holdings is the larger business, with $706m of revenue in fiscal 2025 against $497m for Finance Of America Companies (1.4 times as much). Finance Of America Companies grew faster (26.1% against 8.5%). NMI Holdings kept more of each dollar of sales as profit: a net margin of 55.1% against 9.1%.
| Latest fiscal year | Finance Of America CompaniesFOA, 2025 | NMI HoldingsNMIH, 2025 |
|---|---|---|
| Revenue | $497m | $706m |
| Revenue growth | 26.1% | 8.5% |
| Net income | $45.2m | $389m |
| Operating margin | — | — |
| Net margin | 9.1% | 55.1% |
| Return on equity | 12.7% | 16.2% |
| Free cash flow | −$430m | $413m |
| Cash | $89.5m | $43.9m |
| Total debt | $358m | $417m |
| Debt to equity | — | 16.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $40.1m | $105m |
| Employees | — | 225 |
| Market value | $182m | $3.26bn |
| Price vs our value range | — | — |
| Moat score | — | 88 (Strong) |
| Insider trades, 12 months | 4 buys, 45 sales | 0 buys, 13 sales |