NMIH FY2025 SEC EDGAR DEF 14A #33 of 56 in industry

NMI Holdings, Inc. CEO pay ratio

The CEO earned $10.2M in FY2025 against median worker pay of $185,629 · Insurance Carriers.

Insurance Carriers peers All rankings
State
CA
Filing date
2026-03-26
Industry
Insurance Carriers
Industry rank
#33/56

Data updated August 2026

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CEO-to-worker pay ratio
55:1
Moderate (Scale: 0–1000:1)
CEO pay
$10.2M
Median worker
$185,629

Answer first

NMI Holdings, Inc.'s FY2025 CEO total of $10.2M ranks #520 of 1,423 complete filings; its 55:1 pay ratio ranks #932. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $185,629. Industry placement uses the FY2025 SIC-63 peer cohort (# 33 of 56, 43rd percentile - below the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Insurance Carriers companies.

Dollar rank
#520
$10.2M of 1,423 FY2025
Ratio rank
#932
55:1 of 1,423
Industry pct
43rd
below the industry median pay ratio

How NMI Holdings, Inc. ranks nationally

NMI Holdings, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$10,209,615 Top 37% higher than 63% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). This entry sits in this band. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

NMI Holdings, Inc. vs. Insurance Carriers peers

CEO total pay ($10.2M) against pay ratio (55:1) for NMI Holdings, Inc. (marked) and its 4 closest same-industry peers, against the Insurance Carriers industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both4992389.76358805.977252229091638.210458054.347.0:152.7:158.5:164.3:170.0:1CEO total payPay ratio (CEO : median worker)NMI Holdings, Inc., CEO total pay: 10209615 · Pay ratio (CEO : median worker): 55:1NMI Holdings, Inc.Axis Capital Holdings Ltd, CEO total pay: 9642025 · Pay ratio (CEO : median worker): 55:1Axis Capital Holdings LtdLemonade, Inc., CEO total pay: 6076514 · Pay ratio (CEO : median worker): 57:1Lemonade, Inc.Everest Group, Ltd., CEO total pay: 9165793 · Pay ratio (CEO : median worker): 49:1Everest Group, Ltd.Universal Insurance Holdings, Inc., CEO total pay: 5240829 · Pay ratio (CEO : median worker): 48:1Universal Insurance Holdings, Inc.
NMI Holdings, Inc. vs. Insurance Carriers peers, plotted against the industry's $8.3M median CEO total and 69:1 median pay ratio.

Ratio bands among Insurance Carriers peers

Exclusive CEO-to-median-worker bands across 51 complete latest-FY filings in SIC 63. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in NMI Holdings, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · NMI Holdings, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2022–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
55:1
FY2025
vs prior FY
+5:1
from FY2024 50:1
CEO $ YoY
+14%
$10.2M latest
Filings shown
4
FY2022–2025
NMI Holdings, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2022 $5.5M - $165,904 33:1 -
2023 $7.9M +45% $165,239 48:1 +15:1
2024 $9.0M +13% $179,579 50:1 +2:1
2025 $10.2M +14% $185,629 55:1 +5:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1547903, FY2022–2025. Adjacent-year deltas only.

Industry Comparison - Insurance Carriers

This Company's Ratio
55:1
Industry Median Ratio
69:1
Industry Median CEO Pay
$8.3M
This CEO's Pay
$10.2M
Companies in Industry
56
vs. Industry Median
Below
#33 of 56 by pay ratio in this industry View all companies in Insurance Carriers →

NMI Holdings, Inc.: MODEST · HEAVY pay ratio

NMI Holdings, Inc. disclosed 55:1 CEO-to-worker pay and $10.2M CEO total in FY2025. the CEO earned 55× the median employee ($185,629) in FY2025.

Median employee $185,629 (ELITE-MED); MODEST · HEAVY stamps put about 55 median-wage years per CEO year.

CEO Total Pay

$10.2M

FY2025 Summary Compensation, above median

Pay Ratio

55:1

Near industry median

What FY2025 shows for NMI Holdings, Inc.

NMI Holdings, Inc. disclosed 55:1 CEO-to-worker pay and $10.2M CEO total in FY2025. The structured pay-ratio disclosure reports the total without line-item components. Insurance Carriers (SIC 63) median ratio is 69:1 across 56 FY2025 filers; NMI Holdings, Inc.'s $10.2M CEO total is above the $8.3M industry median CEO pay.

Dollar rank #520 and ratio rank #932 split - treat 55:1 as a disclosure, not a fairness score. Open Insurance Carriers peers.

Key Data, FY2025

Total Compensation
$10.2M
Median Employee Pay
$185,629
Pay Ratio
55:1
Filing Date
2026-03-26

Company Info

Ticker
NMIH
CIK
1547903
Industry
Insurance Carriers
SIC Code
6351
State
CA
View SEC filings →
SEC EDGAR DEF 14A for CIK 1547903, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. NMI Holdings, Inc. disclosed 55:1 CEO-to-worker pay and $10.2M CEO total in FY2025.

Read with NMI Holdings, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · HEAVY · ELITE-MED.

OPENLANE, Inc. · HEAVY

ABS(ceo_total_comp) peer at $10.2M (Δ $3K heavier vs NMI Holdings, Inc.); STEEP · PAR-MED vs this page's MODEST · HEAVY · ELITE-MED.
Rush Enterprises Inc \tx\ · HEAVY

ABS(ceo_total_comp) peer at $10.2M (Δ $6K lighter vs NMI Holdings, Inc.); MID · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Claritev Corp · HEAVY

ABS(ceo_total_comp) peer at $10.2M (Δ $7K lighter vs NMI Holdings, Inc.); MID · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Fti Consulting, Inc · HEAVY

ABS(ceo_total_comp) peer at $10.2M (Δ $14K heavier vs NMI Holdings, Inc.); MODEST · ELITE-MED vs this page's MODEST · HEAVY · ELITE-MED.
Axis Capital Holdings Ltd (SIC 63 pole)

Axis Capital Holdings Ltd stamps MODEST · HEAVY nearest in-SIC by ABS(pay_ratio) to NMI Holdings, Inc.'s MODEST filing.
National dual ranks · #520/#932

NMI Holdings, Inc.'s FY2025 package sits #520 by CEO dollars and #932 by ratio under HEAVY · MODEST.
Ratio primer · MODEST

NMI Holdings, Inc.'s MODEST stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for NMI Holdings, Inc. (CIK 1547903), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.