RDN · Radian Group Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $466.34M | - | $303.19M | $318.00M | $318.11M | - | $333.86M | $321.15M | $319.42M | - |
| Cost of Revenue | - | - | - | $8.42M | $8.77M | - | $8.89M | $9.54M | $9.33M | - |
| Gross Profit | - | - | - | $309.59M | $309.34M | - | $324.97M | $311.61M | $310.09M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $292.67M | - | $104.49M | $142.99M | $129.67M | - | $111.53M | $133.02M | $120.77M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $173.66M | - | $198.69M | $175.01M | $188.44M | - | $195.39M | $188.12M | $198.65M | - |
| Interest Expense | $20.59M | - | $17.18M | $25.87M | $22.50M | - | $29.39M | $27.06M | $29.05M | - |
| Income Tax | $44.20M | - | $45.89M | $33.22M | $43.88M | - | $43.50M | $36.22M | $46.30M | - |
| Net Income | $124.09M | - | $141.44M | $141.80M | $144.56M | - | $151.89M | $151.90M | $152.35M | - |
| EPS - Basic | $0.90 | - | $1.04 | $1.03 | $0.99 | - | $1.00 | $0.99 | $0.99 | - |
| EPS - Diluted | $0.89 | - | $1.03 | $1.02 | $0.98 | - | $0.99 | $0.98 | $0.98 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $55.45M | $24.83M | $15.26M | $22.09M | $24.18M | $38.82M | $28.06M | $13.79M | $26.99M | $19.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $10.65B | $8.12B | $8.20B | $9.58B | $8.77B | $8.66B | $8.42B | $8.13B | $7.76B | $7.59B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $773.95M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.84B | $3.34B | $3.55B | $5.09B | $4.18B | $4.04B | $3.72B | $3.65B | $3.32B | $3.20B |
| Stockholders' Equity | $4.81B | $4.78B | $4.65B | $4.49B | $4.59B | $4.62B | $4.70B | $4.48B | $4.44B | $4.40B |
| Retained Earnings | $5.22B | $5.13B | $5.01B | $4.91B | $4.80B | $4.70B | $4.58B | $4.47B | $4.36B | $4.24B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $285.02M | - | - | - | $67.81M | - | - | - | $51.04M | - |
| Investing Cash Flow | ($180.63M) | - | - | - | $106.24M | - | - | - | ($73.40M) | - |
| Financing Cash Flow | ($55.41M) | - | - | - | ($187.17M) | - | - | - | $31.11M | - |
| CapEx | $749.0K | - | - | - | $1.21M | - | - | - | $1.56M | - |
| Free Cash Flow | $284.27M | - | - | - | $66.60M | - | - | - | $49.49M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | 97.4% | 97.2% | - | 97.3% | 97.0% | 97.1% | - |
| Operating margin | 37.2% | - | 65.5% | 55.0% | 59.2% | - | 58.5% | 58.6% | 62.2% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 26.6% | - | 46.7% | 44.6% | 45.4% | - | 45.5% | 47.3% | 47.7% | - |
| Free cash flow margin | 61.0% | - | - | - | 20.9% | - | - | - | 15.5% | - |
| FCF / Net income | 2.29 | - | - | - | 0.46 | - | - | - | 0.32 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 26.3% | - | 24.5% | 19.0% | 23.3% | - | 22.3% | 19.3% | 23.3% | - |
| Return on assets | 1.2% | - | 1.7% | 1.5% | 1.6% | - | 1.8% | 1.9% | 2.0% | - |
| Return on equity | 2.6% | - | 3.0% | 3.2% | 3.2% | - | 3.2% | 3.4% | 3.4% | - |
| Return on invested capital | 2.3% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.16 | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.07 | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 8.4x | - | 11.6x | 6.8x | 8.4x | - | 6.6x | 7.0x | 6.8x | - |
| Equity multiplier | 2.21 | 1.70 | 1.76 | 2.13 | 1.91 | 1.87 | 1.79 | 1.81 | 1.75 | 1.73 |
| Liabilities / Assets | 0.55 | 0.41 | 0.43 | 0.53 | 0.48 | 0.47 | 0.44 | 0.45 | 0.43 | 0.42 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.04 | 0.03 | 0.04 | - | 0.04 | 0.04 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 37.2x | - | 35.2x | 35.3x | 33.7x | - | 35.0x | 31.7x | 34.2x | - |
| P / B | 1.0x | - | 1.1x | 1.1x | 1.1x | - | 1.1x | 1.1x | 1.2x | - |
| P / S | 9.8x | - | 16.5x | 15.7x | 15.4x | - | 15.9x | 15.0x | 16.3x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 46.6% | - | -9.2% | -1.0% | -0.4% | - | 6.5% | 10.6% | 2.8% | - |
| Revenue CAGR (3y) | 14.5% | - | 0.8% | 3.5% | 2.8% | - | 0.8% | -1.6% | -1.0% | - |
| Revenue CAGR (5y) | 7.2% | - | -4.2% | -2.7% | -0.7% | - | -2.6% | -4.1% | -2.6% | - |
| Gross profit growth (YoY) | - | - | - | -0.7% | -0.2% | - | - | - | - | - |
| Operating income growth (YoY) | -7.8% | - | 1.7% | -7.0% | -5.1% | - | -2.8% | 3.0% | -2.6% | - |
| Net income growth (YoY) | -14.2% | - | -6.9% | -6.7% | -5.1% | - | -3.0% | 4.0% | -3.4% | - |
| EPS growth (YoY) | -9.2% | - | 4.0% | 4.1% | 0.0% | - | 1.0% | 7.7% | 0.0% | - |
| EPS CAGR (3y) | -3.2% | - | -5.0% | -3.9% | -1.0% | - | 13.9% | 7.0% | 15.3% | - |
| EPS CAGR (5y) | 6.8% | - | 8.0% | - | 7.0% | - | 3.6% | 4.7% | 4.7% | - |
| FCF growth (YoY) | 326.9% | - | - | - | 34.6% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -15.1% | - | - | - | -25.2% | - |
| Book value growth (YoY) | 4.8% | 3.4% | -1.0% | 0.2% | 3.3% | 5.1% | 13.1% | 7.5% | 8.1% | 12.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.20B totalMortgage Insurance Segment$1.20B · 100.0%
Peer comparison
Same SIC group: Surety Insurance
Comparing RADIAN GROUP INC against the 5 most active filers in the same SIC group.
Dividends
$1.02/share trailing 12 months · +2.0% YoY
| Ex-date | Per share |
|---|---|
| Jun 2, 2026 | $0.2550 |
| Feb 23, 2026 | $0.2550 |
| Nov 24, 2025 | $0.2550 |
| Aug 25, 2025 | $0.2550 |
| Jun 2, 2025 | $0.2550 |
| Feb 24, 2025 | $0.2550 |
| Nov 25, 2024 | $0.2450 |
| Aug 26, 2024 | $0.2450 |
| Jun 4, 2024 | $0.2450 |
| Feb 23, 2024 | $0.2450 |
| Nov 24, 2023 | $0.2250 |
| Aug 18, 2023 | $0.2250 |
| May 26, 2023 | $0.2250 |
| Feb 24, 2023 | $0.2250 |
| Nov 18, 2022 | $0.2000 |
| Aug 19, 2022 | $0.2000 |
| May 20, 2022 | $0.2000 |
| Feb 17, 2022 | $0.2000 |
| Nov 19, 2021 | $0.1400 |
| Aug 20, 2021 | $0.1400 |
| May 21, 2021 | $0.1400 |
| Feb 19, 2021 | $0.1250 |
| Nov 20, 2020 | $0.1250 |
| Aug 21, 2020 | $0.1250 |