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RDN logoRadian Group Inc.(RDN)Earnings, Financials & Key Ratios

RDN•NYSE•Insurance & Managed Care
$35.58
$4.82B mkt cap·9.1× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustrySpecialty InsuranceSub-IndustryMortgage and Title Insurance
AboutRadian 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.Show more
  • Revenue$1.29B+4.0%
  • Combined Ratio40.24%+5.5%
  • Net Income$604M+0.2%
  • Return on Equity13.4%-7.6%
  • Medical Cost Ratio4.89%+195.1%
  • Operating Margin59.76%-3.4%
  • Net Margin46.83%-3.7%
  • ROA7.44%-9.6%
  • Equity / Assets53.37%-7.8%
  • Book Value per Share29.99+9.2%
  • Tangible BV/Share29.74+8.3%
  • Debt/Equity0.51+41.0%
Technical→

RDN Key Insights

Radian Group Inc. (RDN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 40.2% combined ratio
  • ✓10 consecutive years of dividend growth
  • ✓Low loss ratio of 4.9%
  • ✓Good 3Y average ROE of 15.4%
  • ✓Healthy dividend yield of 2.8%
  • ✓Share count reduced 3.7% through buybacks

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

RDN Price & Volume

Radian Group Inc. (RDN) stock price & volume — 10-year historical chart

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RDN Growth Metrics

Radian Group Inc. (RDN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.87%
5 Years-3.31%
3 Years-0.97%
TTM-1.81%

Profit CAGR

10 Years-4.52%
5 Years-2.11%
3 Years0.21%
TTM-3.8%

EPS CAGR

10 Years-0.45%
5 Years4.14%
3 Years7.45%
TTM3.89%

Return on Capital

10 Years10.04%
5 Years10.65%
3 Years12.06%
Last Year10.34%

RDN Recent Earnings

Radian Group Inc. (RDN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)
Q1 2026Latest
Feb 18, 2026
EPS
$1.16
Est $1.11
+4.5%
Revenue
$301M
Est $301M
-0.1%
Q4 2025
Nov 4, 2025
EPS
$1.15
Est $0.95
+21.1%
Revenue
$311M
Est $309M
+0.6%
Q3 2025
Jul 30, 2025
EPS
$1.01
Est $0.93
+8.6%
Revenue
$318M
Est $309M
+2.9%
Q2 2025
Apr 30, 2025
EPS
$0.99
Est $0.95
+4.2%
Revenue
$318M
Est $322M
-1.2%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 18, 2026
$1.16vs $1.11+4.5%
$301Mvs $301M-0.1%
Q4 2025Nov 4, 2025
$1.15vs $0.95+21.1%
$311Mvs $309M+0.6%
Q3 2025Jul 30, 2025
$1.01vs $0.93+8.6%
$318Mvs $309M+2.9%
Q2 2025Apr 30, 2025
$0.99vs $0.95+4.2%
$318Mvs $322M-1.2%
Based on last 12 quarters of dataView full earnings history →

RDN Peer Comparison

Radian Group Inc. (RDN) competitors in Mortgage and Title Insurance — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MTG logoMTGMGIC Investment CorporationDirect Competitor5.55B26.248.360.49%59.63%14%15.35%0.13
ESNT logoESNTEssent Group Ltd.Direct Competitor5.87B60.178.7812.03%53.73%12.25%14.57%0.09
NMIH logoNMIHNMI Holdings, Inc.Direct Competitor2.87B37.667.658.39%55.07%15.8%14.38%0.16
PFSI logoPFSIPennyMac Financial Services, Inc.Direct Competitor4.56B87.489.41173.81%11.48%12.02%5.35
ACT logoACTEnact Holdings, Inc.Direct Competitor5.97B42.319.362.37%54.62%12.83%12.13%0.14
FAF logoFAFFirst American Financial CorporationProduct Competitor7B68.3811.4021.64%11.19%12.54%10.9%0.35
FNF logoFNFFidelity National Financial, Inc.Product Competitor13.87B51.1811.0115.92%8.52%12.52%48.08%0.55
STC logoSTCStewart Information Services CorporationProduct Competitor2.09B68.6116.9817.32%3.96%7.72%6.32%0.54

Compare RDN vs Peers

Radian Group Inc. (RDN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MTG

Most directly comparable listed peer for RDN.

Scale Benchmark

vs FNF

Larger-name benchmark to compare RDN against a more recognizable public peer.

Peer Set

Compare Top 5

vs MTG, ESNT, NMIH, PFSI

RDN Income Statement

Radian Group Inc. (RDN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Revenue1.24B1.22B1.27B1.53B1.44B1.33B1.19B1.24B1.29B1.26B
Revenue Growth %3.79%-1.36%4.21%19.95%-5.7%-7.7%-10.41%4.19%4.04%-1.81%
Medical Costs & Claims340.44M264.03M228.03M265.67M602.17M153.62M-231.96M20.54M63.07M99.62M
Medical Cost Ratio %27.49%21.61%17.91%17.4%41.82%11.56%-19.48%1.66%4.89%7.89%
Gross Profit
898.01M▲ 0%
957.6M▲ 6.6%
1.04B▲ 9.1%
1.26B▲ 20.7%
837.7M▼ 33.6%
1.18B▲ 40.3%
1.42B▲ 21.0%
1.22B▼ 14.2%
1.23B▲ 0.6%
1.16B▲ 0%
Gross Margin %72.51%78.39%82.09%82.6%58.18%88.44%119.48%98.34%95.11%92.11%
Gross Profit Growth %2.22%6.64%9.12%20.7%-33.58%40.31%21.04%-14.24%0.62%-
Operating Expenses414.32M610.86M360.79M412.29M358.26M410.56M469.91M452.56M456.29M412.05M
OpEx / Revenue %33.45%50%28.34%27%24.88%30.89%39.46%36.48%35.35%32.63%
Depreciation & Amortization71.02M85.83M69.09M72.73M71.73M75.47M76.58M88.92M78.75M69.4M
Combined Ratio %60.94%71.62%46.25%44.4%66.7%42.45%19.98%38.14%40.24%40.51%
Operating Income
483.69M▲ 0%
346.74M▼ 28.3%
684.19M▲ 97.3%
848.99M▲ 24.1%
479.44M▼ 43.5%
764.83M▲ 59.5%
952.78M▲ 24.6%
767.49M▼ 19.4%
771.29M▲ 0.5%
751.27M▲ 0%
Operating Margin %39.06%28.38%53.75%55.6%33.3%57.55%80.02%61.86%59.76%59.49%
Operating Income Growth %10.47%-28.31%97.32%24.09%-43.53%59.53%24.57%-19.45%0.5%-
EBITDA554.7M432.57M753.28M921.72M551.17M840.3M1.03B856.4M850.04M820.68M
EBITDA Margin %44.79%35.41%59.17%60.36%38.28%63.23%86.45%69.03%65.86%64.98%
Interest Expense81.13M62.76M61.49M56.31M71.15M84.46M84.45M89.69M103.74M88.07M
Non-Operating Income-81.13M-62.76M-61.49M-56.31M-71.15M-84.46M-84.45M-89.69M-103.74M-88.07M
Pretax Income
483.69M▲ 0%
346.74M▼ 28.3%
684.19M▲ 97.3%
848.99M▲ 24.1%
479.44M▼ 43.5%
764.83M▲ 59.5%
952.78M▲ 24.6%
767.49M▼ 19.4%
771.29M▲ 0.5%
751.27M▲ 0%
Pretax Margin %39.06%28.38%53.75%55.6%33.3%57.55%80.02%61.86%59.76%59.49%
Income Tax175.43M225.65M78.17M176.68M85.81M164.16M209.84M164.37M166.85M163.83M
Effective Tax Rate %36.27%65.08%11.43%20.81%17.9%21.46%22.02%21.42%21.63%21.81%
Net Income
308.25M▲ 0%
121.09M▼ 60.7%
606.01M▲ 400.5%
672.31M▲ 10.9%
393.63M▼ 41.5%
600.67M▲ 52.6%
742.93M▲ 23.7%
603.12M▼ 18.8%
604.44M▲ 0.2%
576.09M▲ 0%
Net Margin %24.89%9.91%47.6%44.03%27.34%45.2%62.39%48.62%46.83%45.61%
Net Income Growth %7.43%-60.72%400.47%10.94%-41.45%52.6%23.68%-18.82%0.22%-3.8%
EPS (Diluted)
1.37▲ 0%
0.55▼ 59.9%
2.77▲ 403.6%
3.20▲ 15.5%
2.00▼ 37.5%
3.16▲ 58.0%
4.35▲ 37.7%
3.77▼ 13.3%
3.92▲ 4.0%
4.18▲ 0%
EPS Growth %12.3%-59.85%403.64%15.52%-37.5%58%37.66%-13.33%3.98%3.89%
EPS (Basic)1.460.562.833.222.013.194.423.813.96-
Diluted Shares Outstanding229.26M220.41M218.55M210.34M196.64M190.26M170.66M160.13M154.19M137.93M

RDN Balance Sheet

Radian Group Inc. (RDN) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Total Assets5.86B5.9B6.31B6.81B7.95B7.84B7.06B7.59B8.66B8.2B
Asset Growth %3.92%0.64%7.01%7.82%16.74%-1.37%-9.89%7.51%14.09%42.34%
Total Investment Assets3.58B3.87B4.55B5.21B6.34B6.07B5.42B5.85B5.6B4M
Long-Term Investments0000000005.83B
Short-Term Investments3.58B3.87B4.55B5.21B6.34B6.07B5.42B5.85B5.6B5.65B
Total Current Assets3.95B4.42B5.2B5.91B7.1B6.97B6.36B6.87B6.79B0
Cash & Equivalents52.15M80.57M95.39M92.73M87.92M151.15M56.18M19M38.82M15.26M
Receivables85M81.05M137.56M110.61M194.5M191.91M145.47M149.77M164.53M679.77M
Other Current Assets000000000-6.91B
Goodwill & Intangibles276.23M112.96M110.36M28.19M23.04M19.59M15.29M038.21M16.71M
Goodwill195.17M10.92M14.09M9.8M9.8M9.8M9.8M000
Intangible Assets81.06M102.04M96.27M18.39M13.24M9.79M5.48M038.21M16.71M
PP&E (Net)70.67M38.29M37.09M125.75M113.44M106.96M92.08M63.82M27.64M18.66M
Other Assets1.16B1.1B835M745.09M709.25M745.19M597.14M661.79M1.8B7.95B
Total Liabilities2.99B2.9B2.83B2.76B3.66B3.58B3.14B3.2B4.04B3.55B
Total Debt1.07B1.03B1.11B1.02B1.58B1.56B1.57B1.58B2.34B1.15B
Net Debt1.02B946.5M1.02B929.26M1.49B1.41B1.51B1.56B2.31B1.14B
Long-Term Debt1.07B1.03B1.11B923.98M1.45B1.44B984.25M480.32M2.27B1.08B
Short-Term Debt00098M128.55M124.05M585.07M1.06B36.14M47.24M
Total Current Liabilities164.85M288.4M321.21M389.83M407.11M352.12M737.14M1.19B158.13M0
Accounts Payable6.85M000000000
Deferred Revenue0000000000
Other Current Liabilities158M288.4M321.21M291.83M278.56M228.08M152.07M130.56M98.69M-73.43M
Deferred Taxes0001000K1000K1000K1000K1000K1000K3.3B
Other Liabilities1.76B1.5B1.22B1.37B1.59B1.45B1.03B874.09M812.43M-262.3M
Total Equity
2.87B▲ 0%
3B▲ 4.4%
3.49B▲ 16.3%
4.05B▲ 16.1%
4.28B▲ 5.8%
4.26B▼ 0.6%
3.92B▼ 8.0%
4.4B▲ 12.2%
4.62B▲ 5.1%
4.65B▲ 0%
Equity Growth %15.03%4.45%16.29%16.05%5.82%-0.6%-7.97%12.21%5.14%7.7%
Shareholders Equity2.87B3B3.49B4.05B4.28B4.26B3.92B4.4B4.62B4.65B
Minority Interest0000000000
Retained Earnings997.89M1.12B1.72B2.39B2.68B3.18B3.79B4.24B4.7B5.01B
Common Stock232K233K231K219K210K194K176K173K168K157K
Accumulated OCI-12.39M23.09M-60.92M110.49M263.73M120.09M-456.8M-330.85M-350.24M-226.42M
Return on Equity (ROE)11.48%4.12%18.68%17.84%9.45%14.06%18.17%14.5%13.4%12.38%
Return on Assets (ROA)5.36%2.06%9.92%10.25%5.33%7.61%9.97%8.23%7.44%7.02%
Equity / Assets48.99%50.84%55.25%59.47%53.9%54.33%55.49%57.91%53.37%56.7%
Debt / Equity0.37x0.34x0.32x0.25x0.37x0.37x0.40x0.36x0.51x0.51x
Book Value per Share12.5313.6115.9619.2521.7922.3822.9727.4629.9933.73
Tangible BV per Share11.3213.1015.4619.1121.6722.2822.8827.4629.7433.61

RDN Cash Flow Statement

Radian Group Inc. (RDN) cash flow — operating, investing & free cash flow history

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations381.72M360.57M677.79M694.43M658.43M557.11M388.3M529.43M-663.57M-663.57M
Operating CF Growth %3156.75%-5.54%87.97%2.46%-5.18%-15.39%-30.3%36.35%-225.34%-162.34%
Operating CF / Revenue %30.82%29.52%53.24%45.48%45.73%41.92%32.61%42.68%-51.41%-52.54%
Net Income308.25M121.09M606.01M672.31M393.63M600.67M742.93M603.12M0576.09M
Depreciation & Amortization71.02M85.83M69.09M071.73M75.47M76.58M79.11M045.6M
Stock-Based Compensation00021.41M19.19M28.44M38.06M41.13M00
Deferred Taxes170.89M166.53M120.57M157.16M102.08M161.79M206.93M165M0167.08M
Other Non-Cash Items44.32M232.22M42.48M27.16M-79.47M-44.05M39.17M-72.82M-419.23M-1.23B
Working Capital Changes-212.76M-245.1M-160.36M-183.61M151.28M-265.22M-715.37M-286.11M-244.35M-145.08M
Cash from Investing-176.06M-201.49M-689.41M-302.05M-883.18M-1.86M-5.17M-300.84M327.75M239.92M
Capital Expenditures-35.54M-28.68M-26.01M-27.63M-17.02M-12.6M-17.67M-16.28M0-3.68M
Acquisitions-150K-736K-7.96M016.48M00000
Purchase of Investments-1.99B-2.16B-2.05B-1.97B-2.53B-2.09B-1.44B-1.19B0-1.26B
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K04M
Other Investing2.49M882K2.59M-739K-90.45M6.13M-6.89M-45K327.75M264.66M
Cash from Financing-203.27M-125.08M22.39M-403.11M222.62M-496.78M-479.18M-265.09M357.23M302.6M
Dividends Paid-2.1M-2.15M-2.14M-2.06M-97.46M-103.3M-135.44M-145.91M-151.96M-147.48M
Share Repurchases-100.19M-6K-50.05M-300.2M-226.31M-399.1M-400.19M-133.31M-225.06M-507.93M
Stock Issued717K7.13M1.39M2.42M1.55M1.38M1.34M1.75M928K1.03M
Debt Issuance (Net)-1000K-1000K1000K-1000K1000K1000K1000K1000K1000K2M
Other Financing333K21.57M0-989K-2.29M1.38M-814K-904K-812K592.77M
Net Change in Cash
1.92M▲ 0%
34.43M▲ 1697.0%
10.76M▼ 68.8%
-10.73M▼ 199.7%
-2.13M▲ 80.2%
58.47M▲ 2847.8%
-96.06M▼ 264.3%
-36.49M▲ 62.0%
21.41M▲ 158.7%
-14.03M▲ 0%
Exchange Rate Effect-481K431K0-4K00000-1K
Cash at Beginning59.9M61.81M96.24M107M96.27M94.15M152.62M56.56M20.07M22.2M
Cash at End61.81M96.24M107M96.27M94.15M152.62M56.56M20.07M41.47M16.05M
Free Cash Flow
346.18M▲ 0%
331.9M▼ 4.1%
651.78M▲ 96.4%
666.8M▲ 2.3%
641.42M▼ 3.8%
544.51M▼ 15.1%
370.63M▼ 31.9%
513.15M▲ 38.5%
-666.75M▼ 229.9%
-560.23M▲ 0%
FCF Growth %2618.6%-4.13%96.38%2.31%-3.81%-15.11%-31.93%38.46%-229.93%-322.89%
FCF Margin %27.95%27.17%51.2%43.67%44.55%40.97%31.13%41.36%-51.66%-44.36%
FCF per Share1.511.512.983.173.262.862.173.2-4.32-4.32

RDN Key Ratios

Radian Group Inc. (RDN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201620172018201920202021202220232024TTM
Combined Ratio60.94%71.62%46.25%44.4%66.7%42.45%19.98%38.14%40.24%40.51%
Medical Cost Ratio27.49%21.61%17.91%17.4%41.82%11.56%-19.48%1.66%4.89%7.89%
Return on Equity (ROE)11.48%4.12%18.68%17.84%9.45%14.06%18.17%14.5%13.4%12.38%
Return on Assets (ROA)5.36%2.06%9.92%10.25%5.33%7.61%9.97%8.23%7.44%7.02%
Equity / Assets48.99%50.84%55.25%59.47%53.9%54.33%55.49%57.91%53.37%56.7%
Book Value / Share12.5313.6115.9619.2521.7922.3822.9727.4629.9933.73
Debt / Equity0.37x0.34x0.32x0.25x0.37x0.37x0.40x0.36x0.51x0.51x
Revenue Growth3.79%-1.36%4.21%19.95%-5.7%-7.7%-10.41%4.19%4.04%-1.81%

RDN SEC Filings & Documents

Radian Group Inc. (RDN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 26, 2026·SEC

Material company update

Mar 23, 2026·SEC

Material company update

Feb 19, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 14, 2025·SEC

10-Q Quarterly Reports

5
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 1, 2025·SEC

FY 2025

May 2, 2025·SEC

RDN Frequently Asked Questions

Radian Group Inc. (RDN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Radian Group Inc. (RDN) grew revenue by 4.0% over the past year. Growth has been modest.

Yes, Radian Group Inc. (RDN) is profitable, generating $576.1M in net income for fiscal year 2024 (46.8% net margin).

Dividend & Returns

Yes, Radian Group Inc. (RDN) pays a dividend with a yield of 2.77%. This makes it attractive for income-focused investors.

Radian Group Inc. (RDN) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

Industry Metrics

Radian Group Inc. (RDN) has a combined ratio of 40.2%. A ratio below 100% indicates underwriting profitability.

Explore More RDN

Radian Group Inc. (RDN) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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