Radian Group Inc. (RDN) Financial Ratios
30 years of historical data (1995–2024) · Financial Services · Insurance - Specialty
EV/EBITDA
↓
8.38
+14% vs avg
5yr avg: 7.33
30Y Low3.1·High12.7
P/FCF
↑
N/A
—
5yr avg: 7.82
30Y Low3.1·High25.7
P/B Ratio
↑
1.19
↑+24% vs avg
5yr avg: 0.96
30Y Low0.1·High3.1
ROE
↑
13.4%
-4% vs avg
5yr avg: 13.9%
30Y Low-126%·High62%
Debt/EBITDA
↓
2.76
↑+27% vs avg
5yr avg: 2.17
30Y Low0.6·High2.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RDN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Radian Group Inc. trades at 9.1x earnings, 23% above its 5-year average of 7.4x, sitting at the 42nd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a discount of 32%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.8B | $4.9B | $4.6B | $3.3B | $4.0B | $4.0B | $5.3B | $3.6B | $4.5B | $4.1B | $3.3B |
| Enterprise Value | $7.1B | $7.2B | $6.1B | $4.8B | $5.4B | $5.5B | $6.2B | $4.6B | $5.5B | $5.1B | $4.5B |
| P/E Ratio → | 9.08 | 8.09 | 7.57 | 4.38 | 6.69 | 10.13 | 7.86 | 5.91 | 37.47 | 13.12 | 10.98 |
| P/S Ratio | 3.73 | 3.79 | 3.69 | 2.73 | 3.02 | 2.77 | 3.47 | 2.81 | 3.72 | 3.33 | 2.76 |
| P/B Ratio | 1.19 | 1.06 | 1.04 | 0.83 | 0.94 | 0.93 | 1.31 | 1.02 | 1.51 | 1.44 | 1.32 |
| P/FCF | — | — | 8.91 | 8.78 | 7.38 | 6.21 | 7.94 | 5.49 | 13.69 | 11.91 | — |
| P/OCF | — | — | 8.64 | 8.38 | 7.22 | 6.05 | 7.62 | 5.28 | 12.60 | 10.80 | 281.41 |
P/E links to full P/E history page with 30-year chart
RDN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Radian Group Inc.'s enterprise value stands at 8.4x EBITDA, 14% above its 5-year average of 7.3x. The Financial Services sector median is 11.4x, placing the stock at a 27% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.58 | 4.95 | 4.00 | 4.09 | 3.80 | 4.07 | 3.61 | 4.49 | 4.15 | 3.75 |
| EV / EBITDA | 8.38 | 8.47 | 7.16 | 4.63 | 6.46 | 9.94 | 6.75 | 6.10 | 12.69 | 9.27 | 8.61 |
| EV / EBIT | 9.24 | 8.22 | 7.16 | 4.60 | 6.39 | 9.95 | 6.87 | 6.16 | 13.40 | 9.10 | 8.45 |
| EV / FCF | — | — | 11.96 | 12.86 | 9.97 | 8.54 | 9.33 | 7.05 | 16.54 | 14.85 | — |
RDN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Radian Group Inc. earns an operating margin of 59.8%, significantly above the Financial Services sector average of 21.4%. Operating margins have compressed from 80.0% to 59.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 13.4% is modest. ROIC of 9.0% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 95.1% | 95.1% | 98.3% | 119.5% | 88.4% | 58.2% | 82.6% | 82.1% | 78.4% | 72.5% | 73.6% |
| Operating Margin | 59.8% | 59.8% | 61.9% | 80.0% | 57.5% | 33.3% | 55.6% | 53.7% | 28.4% | 39.1% | 36.7% |
| Net Profit Margin | 46.8% | 46.8% | 48.6% | 62.4% | 45.2% | 27.3% | 44.0% | 47.6% | 9.9% | 24.9% | 24.0% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.4% | 13.4% | 14.5% | 18.2% | 14.1% | 9.4% | 17.8% | 18.7% | 4.1% | 11.5% | 12.3% |
| ROA | 7.4% | 7.4% | 8.2% | 10.0% | 7.6% | 5.3% | 10.2% | 9.9% | 2.1% | 5.4% | 4.6% |
| ROIC | 9.0% | 9.0% | 10.1% | 12.9% | 10.0% | 6.7% | 13.4% | 12.1% | 6.6% | 9.6% | 9.4% |
| ROCE | 10.3% | 10.3% | 12.1% | 13.8% | 10.2% | 6.9% | 13.7% | 11.8% | 6.1% | 8.5% | 7.0% |
RDN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Radian Group Inc. carries a Debt/EBITDA ratio of 2.8x, which is moderately leveraged (33% below the sector average of 4.1x). Net debt stands at $2.3B ($2.3B total debt minus $39M cash). Interest coverage of 7.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.51 | 0.51 | 0.36 | 0.40 | 0.37 | 0.37 | 0.25 | 0.32 | 0.34 | 0.37 | 0.49 |
| Debt / EBITDA | 2.76 | 2.76 | 1.85 | 1.52 | 1.86 | 2.87 | 1.11 | 1.48 | 2.37 | 1.93 | 2.35 |
| Net Debt / Equity | — | 0.50 | 0.36 | 0.39 | 0.33 | 0.35 | 0.23 | 0.29 | 0.32 | 0.35 | 0.47 |
| Net Debt / EBITDA | 2.71 | 2.71 | 1.83 | 1.47 | 1.68 | 2.71 | 1.01 | 1.35 | 2.19 | 1.83 | 2.26 |
| Debt / FCF | — | — | 3.05 | 4.08 | 2.59 | 2.33 | 1.39 | 1.56 | 2.85 | 2.94 | — |
| Interest Coverage | 7.43 | 7.43 | 8.56 | 11.28 | 9.06 | 6.74 | 15.08 | 11.13 | 5.52 | 5.96 | 4.81 |
RDN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Radian Group Inc.'s current ratio of 42.96x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 8.63x to 42.96x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 42.96 | 42.96 | 5.78 | 8.63 | 19.79 | 17.45 | 15.16 | 16.19 | 15.33 | 23.95 | 383.54 |
| Quick Ratio | 42.96 | 42.96 | 5.78 | 8.63 | 19.79 | 17.45 | 15.16 | 16.19 | 15.33 | 23.95 | 383.54 |
| Cash Ratio | 35.64 | 35.64 | 4.94 | 7.43 | 17.66 | 15.79 | 13.60 | 14.46 | 13.71 | 22.04 | 369.87 |
| Asset Turnover | — | 0.15 | 0.16 | 0.17 | 0.17 | 0.18 | 0.22 | 0.20 | 0.21 | 0.21 | 0.21 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
RDN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Radian Group Inc. returns 7.4% to shareholders annually — split between a 2.8% dividend yield and 4.7% buyback yield. The payout ratio of 25.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 11.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.8% | 3.1% | 3.2% | 4.2% | 2.6% | 2.4% | 0.0% | 0.1% | 0.0% | 0.1% | 0.1% |
| Payout Ratio | 25.1% | 25.1% | 24.2% | 18.2% | 17.2% | 24.8% | 0.3% | 0.4% | 1.8% | 0.7% | 0.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.0% | 12.4% | 13.2% | 22.8% | 15.0% | 9.9% | 12.7% | 16.9% | 2.7% | 7.6% | 9.1% |
| FCF Yield | — | — | 11.2% | 11.4% | 13.5% | 16.1% | 12.6% | 18.2% | 7.3% | 8.4% | — |
| Buyback Yield | 4.7% | 4.6% | 2.9% | 12.3% | 9.9% | 5.7% | 5.7% | 1.4% | 0.0% | 2.4% | 6.1% |
| Total Shareholder Yield | 7.4% | 7.7% | 6.1% | 16.5% | 12.5% | 8.1% | 5.7% | 1.5% | 0.0% | 2.5% | 6.2% |
| Shares Outstanding | — | $154M | $160M | $171M | $190M | $197M | $210M | $219M | $220M | $229M | $246M |
Peer Comparison
Compare RDN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RDNYou | $5B | 9.1 | 8.4 | — | 95.1% | 59.8% | 13.4% | 9.0% | 2.8 |
 MTG | $6B | 8.4 | 6.2 | 6.5 | 94.9% | 76.5% | 14.3% | 12.7% | 0.7 |
 ESNT | $6B | 8.8 | 7.2 | 6.9 | 93.6% | 67.5% | 13.6% | 11.3% | 0.6 |
 NMIH | $3B | 7.7 | 6.1 | 7.0 | 91.8% | 70.8% | 16.2% | 13.5% | 0.8 |
 PFSI | $5B | 9.4 | 18.1 | — | 91.4% | 34.6% | 12.3% | 4.4% | 15.3 |
 ACT | $6B | 9.4 | 6.8 | 8.2 | 91.1% | 69.8% | 13.0% | 12.1% | 0.8 |
 FAF | $7B | 11.4 | 7.2 | 9.2 | 95.6% | 11.1% | 11.9% | 10.7% | 1.8 |
 FNF | $14B | 11.0 | 6.1 | 2.1 | 52.9% | 13.0% | 15.9% | 13.7% | 1.9 |
 STC | $2B | 17.0 | 11.7 | 15.8 | 87.7% | 5.7% | 7.5% | 6.2% | 3.9 |
 ITIC | $448M | 12.8 | 9.1 | 17.7 | 98.3% | 16.3% | 13.5% | 13.4% | 0.3 |
 WD | $2B | 31.2 | 8.2 | — | 61.3% | 17.3% | 3.3% | 4.3% | 5.0 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonRDN — Frequently Asked Questions
Quick answers to the most common questions about buying RDN stock.
What is Radian Group Inc.'s P/E ratio?
Radian Group Inc.'s current P/E ratio is 9.1x. The historical average is 10.8x. This places it at the 42th percentile of its historical range.
What is Radian Group Inc.'s EV/EBITDA?
Radian Group Inc.'s current EV/EBITDA is 8.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.3x.
What is Radian Group Inc.'s ROE?
Radian Group Inc.'s return on equity (ROE) is 13.4%. The historical average is 5.9%.
Is RDN stock overvalued?
Based on historical data, Radian Group Inc. is trading at a P/E of 9.1x. This is at the 42th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Radian Group Inc.'s dividend yield?
Radian Group Inc.'s current dividend yield is 2.77% with a payout ratio of 25.1%.
What are Radian Group Inc.'s profit margins?
Radian Group Inc. has 95.1% gross margin and 59.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Radian Group Inc. have?
Radian Group Inc.'s Debt/EBITDA ratio is 2.8x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.