See more : Blue World Acquisition Corporation (BWAQW) 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 |
AIG Q4 Earnings Beat Estimates on General Insurance Strength
AIG's fourth-quarter results benefit from strong underwriting results, partially offset by higher expenses.
Radian Group Inc. (RDN) Q4 2023 Earnings Call Transcript
Radian Group Inc. (RDN) Q4 2023 Earnings Call Transcript
Radian Group (RDN) Q4 Earnings Top, Revenues Rise Y/Y
Radian Group's (RDN) Q4 results reflect higher monthly premium policy insurance in force and a decline in single premium policy insurance in force, offset by higher expenses.
Radian (RDN) Q4 Earnings and Revenues Beat Estimates
Radian (RDN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.05 per share a year ago.
Radian Announces Fourth Quarter and Full Year 2023 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2023, of $143 million, or $0.91 per diluted share. This compares with net income for the quarter ended December 31, 2022, of $162...
Radian Announces Strategic Investment in FinLocker to Focus on Delivering a Personalized Data-Driven Journey to Empower Homeownership
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that it has made a strategic investment in FinLocker, a personal financial fitness and homeownership tool. By leveraging advanced technology, FinLocker aggregates and analyzes a consumer's financial data, offering personalized paths...
Radian Announces S&P Upgrade of Radian's Financial Strength and Credit Ratings and Webcast of Fourth Quarter Conference Call
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that S&P Global Ratings (S&P) has raised its long-term insurer financial strength and issuer credit ratings on Radian Guaranty Inc., the company's principal mortgage insurance subsidiary, to A- from BBB+. At...
Radian (RDN) Rallies 52% in a Year: More Room for Growth?
Radian (RDN) is poised to gain from an improving mortgage insurance portfolio, declining claims, the well-performing homegenius segment, a solid capital position and effective capital deployment.
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Banking on strong fundamentals and benefiting from a favorable macro backdrop, AIZ, MTG, NMIH and RDN have not only outperformed the industry but have also crushed the market and the Finance sector. These companies are well-poised to sustain the bull...
Radian Group (RDN) Up 39.8% in a Year: More Room for Growth?
Radian Group (RDN) stock rallies on the back of improved persistency and mortgage insurance portfolio, robust capital position as well as prudent capital deployment.
Source: https://incomestatements.info
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