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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.29B | $1.24B | $1.19B | $1.33B | $1.44B |
| Cost of Revenue | - | $38.27M | $38.49M | $82.36M | $103.71M | $86.07M |
| Gross Profit | - | $1.25B | $1.20B | $1.11B | $1.23B | $1.35B |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $405.86M | $518.99M | $473.10M | $237.95M | $565.10M | $959.18M |
| D&A | $10.00M | $18.00M | $15.00M | $15.20M | $15.90M | $18.30M |
| Operating Income | $791.23M | $771.29M | $767.49M | $952.78M | $764.83M | $479.44M |
| Interest Expense | $68.29M | $108.01M | $89.69M | $84.45M | $84.34M | $71.15M |
| Income Tax | $173.05M | $166.85M | $164.37M | $209.84M | $164.16M | $85.81M |
| Net Income | $582.64M | $604.44M | $603.12M | $742.93M | $600.67M | $393.63M |
| EPS - Basic | $4.18 | $3.96 | $3.81 | $4.42 | $3.19 | $2.01 |
| EPS - Diluted | $4.14 | $3.92 | $3.77 | $4.35 | $3.16 | $2.00 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.83M | $38.82M | $19.00M | $56.18M | $151.15M | $87.92M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $8.12B | $8.66B | $7.59B | $7.06B | $7.84B | $7.95B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $3.34B | $4.04B | $3.20B | $3.14B | $3.58B | $3.66B |
| Stockholders' Equity | $4.78B | $4.62B | $4.40B | $3.92B | $4.26B | $4.28B |
| Retained Earnings | $5.13B | $4.70B | $4.24B | $3.79B | $3.18B | $2.68B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $119.86M | ($663.57M) | $529.43M | $388.30M | $557.11M | $658.43M |
| Investing Cash Flow | $127.29M | $327.75M | ($300.84M) | ($5.17M) | ($1.86M) | ($883.18M) |
| Financing Cash Flow | ($243.10M) | $357.23M | ($265.09M) | ($479.18M) | ($496.78M) | $222.62M |
| CapEx | $4.21M | $3.17M | $17.67M | - | - | - |
| Free Cash Flow | $115.66M | ($666.75M) | $511.76M | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | 97.0% | 96.9% | 93.1% | 92.2% | 94.0% |
| Operating margin | 66.1% | 59.8% | 61.9% | 80.0% | 57.5% | 33.3% |
| EBITDA margin | 66.9% | 61.2% | 63.1% | 81.3% | 58.7% | 34.6% |
| Net margin | 48.7% | 46.8% | 48.6% | 62.4% | 45.2% | 27.4% |
| Free cash flow margin | 9.7% | -51.7% | 41.3% | - | - | - |
| FCF / Net income | 0.20 | -1.10 | 0.85 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 22.9% | 21.6% | 21.4% | 22.0% | 21.5% | 17.9% |
| Return on assets | 7.2% | 7.0% | 7.9% | 10.5% | 7.7% | 5.0% |
| Return on equity | 12.2% | 13.1% | 13.7% | 19.0% | 14.1% | 9.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 11.6x | 7.1x | 8.6x | 11.3x | 9.1x | 6.7x |
| Equity multiplier | 1.70 | 1.87 | 1.73 | 1.80 | 1.84 | 1.86 |
| Liabilities / Assets | 0.41 | 0.47 | 0.42 | 0.45 | 0.46 | 0.46 |
| Efficiency | ||||||
| Asset turnover | 0.15 | 0.15 | 0.16 | 0.17 | 0.17 | 0.18 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 8.7x | 8.1x | 7.6x | 4.4x | 6.7x | 10.1x |
| P / B | 1.1x | 1.1x | 1.0x | 0.8x | 0.9x | 0.9x |
| P / S | 4.2x | 3.8x | 3.7x | 2.7x | 3.0x | 2.8x |
| EV / EBITDA | 6.3x | 6.1x | 5.8x | 3.3x | 5.0x | 7.8x |
| Growth | ||||||
| Revenue growth (YoY) | -7.2% | 4.0% | 4.2% | -10.5% | -7.6% | -5.8% |
| Revenue CAGR (3y) | 0.2% | -1.0% | -4.8% | -8.0% | 1.5% | 5.6% |
| Revenue CAGR (5y) | -3.6% | -3.3% | -0.5% | -0.5% | 1.4% | 3.8% |
| Gross profit growth (YoY) | - | 4.2% | 8.5% | -9.6% | -9.3% | -4.7% |
| Operating income growth (YoY) | 2.6% | 0.5% | -19.4% | 24.6% | 59.5% | -43.5% |
| Net income growth (YoY) | -3.6% | 0.2% | -18.8% | 23.7% | 52.6% | -41.5% |
| EPS growth (YoY) | 5.6% | 4.0% | -13.3% | 37.7% | 58.0% | -37.5% |
| EPS CAGR (3y) | -1.6% | 7.4% | 23.5% | 10.8% | 4.5% | 53.8% |
| EPS CAGR (5y) | 15.7% | 4.1% | 6.4% | 51.2% | 18.2% | 10.4% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 3.4% | 5.1% | 12.2% | -8.0% | -0.6% | 5.8% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
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 |