See more : C21 Investments Inc. (CXXIF) Income Statement Analysis – Financial Results
Complete financial analysis of Radian Group Inc. (RDN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Radian Group Inc., a leading company in the Insurance – Specialty industry within the Financial Services sector.
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Radian Group Inc. (RDN)
About Radian Group Inc.
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting, and fulfillment solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The company's Homegenius segment offers title services, including a suite of insurance and non-insurance title, tax and title data, centralized recording, document retrieval and default curative title services, and deed and property reports, as well as closing and settlement services comprising electronic execution and traditional signing services; real estate valuation products and services; and asset management services, as well as a suite of real estate technology products and services to facilitate real estate transactions, such as software as a service solutions. This segment serves consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. The company was founded in 1977 and is headquartered in Wayne, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.24B | 1.19B | 1.33B | 1.44B | 1.53B | 1.27B | 1.22B | 1.24B | 1.19B | 1.07B | 758.99M | 817.70M | 1.95B | 417.47M | 1.31B | 1.81B | 201.05M | 1.33B | 1.30B | 1.36B | 1.36B | 1.15B | 947.20M | 615.43M | 552.81M | 332.97M | 277.31M | 222.60M | 165.60M | 130.50M | 107.20M | 83.50M |
| Cost of Revenue | 386.07M | 463.51M | 427.40M | 366.78M | 414.45M | 378.94M | 371.92M | 359.07M | 336.12M | 295.89M | 284.53M | 196.67M | 175.81B | 191.94B | 203.77B | 255.50M | 192.17M | 242.63M | 225.98M | 205.69M | 211.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 854.52M | 727.22M | 902.53M | 1.07B | 1.11B | 894.06M | 849.71M | 879.38M | 857.13M | 776.80M | 474.46M | 621.03M | -173.86B | -191.52B | -202.46B | 1.55B | 8.88M | 1.09B | 1.07B | 1.16B | 1.15B | 1.15B | 947.20M | 615.43M | 552.81M | 332.97M | 277.31M | 222.60M | 165.60M | 130.50M | 107.20M | 83.50M |
| Gross Profit Ratio | 68.88% | 61.07% | 67.86% | 74.50% | 72.86% | 70.23% | 69.56% | 71.01% | 71.83% | 72.42% | 62.51% | 75.95% | -8,925.88% | -45,877.99% | -15,414.95% | 85.87% | 4.42% | 81.73% | 82.59% | 84.92% | 84.52% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.24B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.90M | 96.90M | 27.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 381.15M | -568.51M | -962.77M | -681.46M | -527.33M | -877.78M | -758.34M | -756.34M | -971.41M | -972.28M | -1.27B | -1.58B | -2.01B | -1.56B | -3.20B | -1.12B | -551.59M | -592.23M | -717.88M | -983.08M | -679.47M | -524.46M | -270.40M | -344.69M | -217.77M | -179.82M | -143.82M | -125.90M | -98.60M | -82.90M | -67.50M |
| Operating Expenses | 1.24B | 381.15M | -568.51M | -962.77M | -681.46M | -527.33M | -877.78M | -758.34M | -756.34M | -971.41M | -972.28M | -1.27B | -1.58B | -2.01B | -1.56B | -3.20B | -1.12B | -551.59M | -592.23M | -717.88M | -983.08M | -679.47M | -524.46M | -270.40M | -344.69M | -217.77M | -179.82M | -143.82M | -125.90M | -98.60M | -82.90M | -67.50M |
| Cost & Expenses | 1.24B | 237.95M | 565.10M | 959.18M | 677.96M | 588.82M | 874.89M | 754.77M | 755.42M | 665.53M | 966.04M | 1.26B | 1.58B | 2.00B | 1.56B | 2.48B | 2.27B | 514.68M | 557.81M | 638.46M | 831.67M | 550.81M | 441.67M | 262.96M | 333.35M | 207.14M | 174.82M | 140.02M | 23.40M | 22.50M | 18.10M | 13.40M |
| Interest Income | 0.00 | 84.45M | 84.34M | 71.15M | 56.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -40.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 89.70M | 84.45M | 84.34M | 71.15M | 56.31M | 61.49M | 62.76M | 81.13M | 91.10M | 90.46M | 74.62M | 51.83M | 61.39M | 41.78M | 46.01M | 53.51M | 53.07M | 48.15M | 43.04M | 34.66M | 37.54M | 28.82M | 17.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 19.51M | 19.35M | 22.14M | 16.39M | 31.83M | 45.07M | 71.02M | 12.99M | 8.65M | 80.14M | 72.39M | 63.12M | 39.79M | 20.08M | 16.19M | 19.33M | 37.00M | 34.04M | 27.96M | 17.31M | 796.00K | 2.49M | 54.63M | 58.80M | 36.10M | 31.30M | 26.90M | 23.40M | 22.50M | 18.10M | 13.40M |
| EBITDA | 0.00 | 1.06B | 868.53M | 572.74M | 934.69M | 777.51M | 438.70M | 635.83M | 610.56M | 407.16M | -29.00M | -319.98M | 493.03M | -1.50B | -176.19M | -604.43M | -2.00B | 898.41M | 817.42M | 760.25M | 586.31M | 630.90M | 425.23M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 41.15% | 57.51% | 33.43% | 56.83% | 64.00% | 30.41% | 39.83% | 37.70% | 10.25% | -17.54% | -46.18% | 21.93% | -370.93% | -17.28% | -76.36% | -448.80% | 61.25% | 57.00% | 49.42% | 29.15% | 41.09% | 44.89% | 64.94% | 48.28% | 45.44% | 46.44% | 47.48% | 38.10% | 41.69% | 39.55% | 35.21% |
| Operating Income | 880.07M | 485.65M | 761.42M | 475.84M | 845.50M | 745.68M | 343.85M | 480.11M | 436.91M | 101.28M | -213.29M | -449.99M | 364.12M | -1.59B | -247.04M | -1.40B | -921.65M | 776.36M | 705.92M | 646.17M | 380.07M | 472.63M | 422.74M | 345.03M | 208.12M | 115.20M | 97.49M | 78.78M | 39.70M | 31.90M | 24.30M | 16.00M |
| Operating Income Ratio | 70.94% | 40.79% | 57.25% | 33.08% | 55.37% | 58.58% | 28.15% | 38.77% | 36.62% | 9.44% | -28.10% | -55.03% | 18.69% | -380.46% | -18.81% | -77.25% | -458.42% | 58.46% | 54.38% | 47.37% | 27.88% | 41.02% | 44.63% | 56.06% | 37.65% | 34.60% | 35.15% | 35.39% | 23.97% | 24.44% | 22.67% | 19.16% |
| Total Other Income/Expenses | -112.58M | -99.30M | -86.99M | -959.18M | -110.58M | -69.29M | -874.89M | -754.77M | -755.42M | 0.00 | -173.35M | -223.60M | -61.33M | 7.71M | 4.76M | -48.92M | -1.15B | 208.84M | 34.42M | 145.84M | 151.41M | 128.68M | 82.79M | 7.44M | 11.35M | 197.91M | 5.01M | 3.80M | 28.50M | 24.40M | 25.60M | 16.40M |
| Income Before Tax | 767.49M | 952.78M | 764.83M | 479.44M | 848.99M | 684.19M | 346.74M | 483.69M | 437.83M | 407.16M | -207.06M | -444.20M | 368.51M | -1.58B | -242.28M | -674.13M | -2.07B | 813.27M | 740.34M | 725.59M | 531.48M | 601.28M | 505.53M | 352.47M | 219.47M | 125.82M | 102.49M | 82.58M | 68.20M | 56.30M | 49.90M | 32.40M |
| Income Before Tax Ratio | 61.86% | 80.02% | 57.51% | 33.33% | 55.60% | 53.75% | 28.38% | 39.06% | 36.69% | 37.96% | -27.28% | -54.32% | 18.92% | -378.40% | -18.45% | -37.29% | -1,029.05% | 61.24% | 57.03% | 53.19% | 38.99% | 52.19% | 53.37% | 57.27% | 39.70% | 37.79% | 36.96% | 37.10% | 41.18% | 43.14% | 46.55% | 38.80% |
| Income Tax Expense | 164.37M | 209.85M | 164.16M | 85.82M | 176.68M | 78.18M | 225.65M | 175.43M | 156.29M | -852.42M | -10.07M | 7.27M | 66.36M | 226.19M | -94.40M | -263.55M | -778.62M | 231.10M | 217.49M | 206.94M | 145.58M | 174.11M | 145.11M | 103.53M | 71.33M | 34.77M | 27.53M | 20.35M | 17.40M | 15.20M | 14.10M | 10.60M |
| Net Income | 603.12M | 742.93M | 600.67M | 393.63M | 672.31M | 606.01M | 121.09M | 308.25M | 286.92M | 959.52M | -196.99M | -451.47M | 302.15M | -1.81B | -147.88M | -410.58M | -1.29B | 582.17M | 522.85M | 518.65M | 385.90M | 427.17M | 360.42M | 248.94M | 148.14M | 91.05M | 74.97M | 62.22M | 50.80M | 41.10M | 35.80M | 21.80M |
| Net Income Ratio | 48.62% | 62.39% | 45.17% | 27.36% | 44.03% | 47.60% | 9.91% | 24.89% | 24.05% | 89.45% | -25.95% | -55.21% | 15.51% | -432.58% | -11.26% | -22.71% | -641.78% | 43.84% | 40.28% | 38.02% | 28.31% | 37.08% | 38.05% | 40.45% | 26.80% | 27.35% | 27.03% | 27.95% | 30.68% | 31.49% | 33.40% | 26.11% |
| EPS | 3.81 | 4.42 | 3.19 | 2.01 | 3.22 | 2.83 | 0.56 | 1.46 | 1.44 | 5.20 | -1.18 | -3.41 | 2.28 | -15.74 | -1.80 | -5.12 | -16.22 | 7.16 | 6.11 | 5.55 | 4.13 | 4.52 | 4.03 | 3.31 | 2.00 | 1.94 | 1.54 | 1.28 | 1.05 | 0.86 | 0.73 | 0.49 |
| EPS Diluted | 3.77 | 4.35 | 3.16 | 2.00 | 3.20 | 2.77 | 0.55 | 1.34 | 1.16 | 4.10 | -1.14 | -3.41 | 2.26 | -15.74 | -1.80 | -5.12 | -16.22 | 7.08 | 5.89 | 5.30 | 3.92 | 4.29 | 3.92 | 3.26 | 1.96 | 1.86 | 1.53 | 1.27 | 1.05 | 0.85 | 0.73 | 0.49 |
| Weighted Avg Shares Out | 158.14M | 167.93M | 188.37M | 195.44M | 208.77M | 214.27M | 215.32M | 211.79M | 199.91M | 184.55M | 166.37M | 132.53M | 132.37M | 114.70M | 81.94M | 80.26M | 79.56M | 81.34M | 85.64M | 93.42M | 93.43M | 94.56M | 89.36M | 75.17M | 73.90M | 46.97M | 48.76M | 48.80M | 48.61M | 48.07M | 48.71M | 44.80M |
| Weighted Avg Shares Out (Dil) | 160.13M | 170.66M | 190.26M | 196.64M | 210.34M | 218.55M | 220.41M | 229.26M | 246.33M | 233.90M | 173.10M | 132.53M | 133.86M | 114.70M | 82.16M | 80.26M | 79.56M | 82.26M | 88.75M | 97.90M | 98.50M | 99.50M | 92.00M | 76.30M | 75.63M | 49.04M | 48.98M | 48.88M | 48.61M | 48.35M | 48.71M | 44.80M |
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WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2024, of $152 million, or $0.99 per diluted share. This compares with net income for the quarter ended September 30, 2023, of $157...
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