What is Radian Group's earnings per share (EPS)?

Radian Group (RDN) reported diluted earnings per share of $4.14 for fiscal year 2025. This represents a 5.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Radian Group Financials

RDN

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Radian Group (RDN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 52/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Radian Group's revenue declined 0.8% year-over-year, from $1.2B to $1.2B. This contraction results in a growth score of 32/100.

Leverage

Radian Group carries a low D/E ratio of 0.70, meaning only $0.70 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Radian Group has a free cash flow margin of 9.7%, earning a moderate score of 49/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Radian Group's ROE of 12.2% shows moderate profitability relative to equity, earning a score of 38/100. This is down from 13.1% the prior year.

Piotroski F-Score Neutral

5/9

Radian Group passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.21x

For every $1 of reported earnings, Radian Group generates $0.21 in operating cash flow ($119.9M OCF vs $582.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.2B

YoY-0.8%

5Y CAGR-3.6%

10Y CAGR+0.0%

Radian Group generated $1.2B in revenue in fiscal year 2025. This represents a decrease of 0.8% from the prior year.

EBITDA

N/A

Net Income

$582.6M

YoY-3.6%

5Y CAGR+8.2%

10Y CAGR+7.3%

Radian Group reported $582.6M in net income in fiscal year 2025. This represents a decrease of 3.6% from the prior year.

EPS (Diluted)

$4.14

YoY+5.6%

5Y CAGR+15.7%

10Y CAGR+13.0%

Radian Group earned $4.14 per diluted share (EPS) in fiscal year 2025. This represents an increase of 5.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$115.7M

YoY+117.4%

Radian Group generated $115.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 117.4% from the prior year.

Cash & Debt

$24.8M

YoY+29.2%

5Y CAGR-22.3%

10Y CAGR-6.2%

Radian Group held $24.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

135M

YoY-6.6%

5Y CAGR-6.7%

10Y CAGR-4.1%

Radian Group had 135M shares outstanding in fiscal year 2025. This represents a decrease of 6.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

48.7%

YoY-1.4pp

5Y CAGR+21.3pp

10Y CAGR+24.6pp

Radian Group's net profit margin was 48.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.4 percentage points from the prior year.

Return on Equity

12.2%

YoY-0.9pp

5Y CAGR+3.0pp

10Y CAGR+0.7pp

Radian Group's ROE was 12.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$431.9M

YoY+91.9%

5Y CAGR+13.8%

10Y CAGR+7.9%

Radian Group spent $431.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 91.9% from the prior year.

Capital Expenditures

$4.2M

YoY+169.1%

Radian Group invested $4.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 169.1% from the prior year.

RDN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.2B-0.8%	$1.2B+2.5%	$1.2B-1.1%	$1.2B-10.5%	$1.3B-7.6%	$1.4B
Cost of Revenue	N/A	$38.3M-0.6%	$38.5M-53.3%	$82.4M-20.6%	$103.7M+20.5%	$86.1M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$68.3M-22.4%	$88.0M+2.1%	$86.2M+2.1%	$84.5M+0.1%	$84.3M+18.5%	$71.2M
Income Tax	$173.0M-6.6%	$185.3M-1.5%	$188.0M-10.4%	$209.8M+27.8%	$164.2M+91.3%	$85.8M
Net Income	$582.6M-3.6%	$604.4M+0.2%	$603.1M-18.8%	$742.9M+23.7%	$600.7M+52.6%	$393.6M
EPS (Diluted)	$4.14+5.6%	$3.92+4.0%	$3.77-13.3%	$4.35+37.7%	$3.16+58.0%	$2.00

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$300.5M-0.9%	$303.2M+1.6%	$298.6M+1.3%	$294.8M+0.7%	$292.7M-6.6%	$313.4M+5.0%	$298.6M-1.0%	$301.7M
Cost of Revenue	N/A	N/A	$8.4M-4.0%	$8.8M	N/A	$9.5M+0.1%	$9.5M+2.2%	$9.3M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$17.2M-33.6%	$25.9M+15.0%	$22.5M	N/A	$21.9M-19.1%	$27.1M-6.8%	$29.0M
Income Tax	N/A	$45.9M+38.2%	$33.2M-24.3%	$43.9M	N/A	$47.8M+31.8%	$36.2M-21.8%	$46.3M
Net Income	$154.8M+9.5%	$141.4M-0.2%	$141.8M-1.9%	$144.6M-2.5%	$148.3M-2.4%	$151.9M0.0%	$151.9M-0.3%	$152.4M
EPS (Diluted)	$1.12+8.7%	$1.03+1.0%	$1.02+4.1%	$0.980.0%	$0.98-1.0%	$0.99+1.0%	$0.980.0%	$0.98

RDN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$8.1B-6.5%	$8.7B+14.4%	$7.6B+7.5%	$7.1B-9.9%	$7.8B-1.4%	$7.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$24.8M+29.2%	$19.2M+1.2%	$19.0M-66.2%	$56.2M-62.8%	$151.1M+71.9%	$87.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$120.2M-0.7%	$121.0M-2.3%	$123.9M+3.4%	$119.8M-3.4%	$124.0M+2.2%	$121.3M
Goodwill	N/A	$0	$0-100.0%	$9.8M0.0%	$9.8M0.0%	$9.8M
Total Liabilities	$3.3B-17.8%	$4.1B+27.2%	$3.2B+1.6%	$3.1B-12.2%	$3.6B-2.3%	$3.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.8B+3.4%	$4.6B+5.1%	$4.4B+12.2%	$3.9B-8.0%	$4.3B-0.6%	$4.3B
Retained Earnings	$5.1B+9.3%	$4.7B+10.6%	$4.2B+12.1%	$3.8B+19.1%	$3.2B+18.5%	$2.7B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$8.1B-1.0%	$8.2B-14.4%	$9.6B+9.3%	$8.8B+0.9%	$8.7B+3.2%	$8.4B+3.6%	$8.1B+4.8%	$7.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$24.8M+62.7%	$15.3M-30.9%	$22.1M-8.7%	$24.2M+25.8%	$19.2M-31.5%	$28.1M+103.5%	$13.8M-48.9%	$27.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$120.2M-6.7%	$128.8M-1.0%	$130.0M+1.8%	$127.7M+5.6%	$121.0M-12.6%	$138.4M+0.5%	$137.8M+5.9%	$130.1M
Goodwill	N/A	N/A	N/A	N/A	$0	N/A	N/A	N/A
Total Liabilities	$3.3B-6.0%	$3.6B-30.2%	$5.1B+21.8%	$4.2B+2.8%	$4.1B+9.3%	$3.7B+2.0%	$3.6B+9.9%	$3.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.8B+2.8%	$4.7B+3.6%	$4.5B-2.1%	$4.6B-0.8%	$4.6B-1.6%	$4.7B+4.8%	$4.5B+1.0%	$4.4B
Retained Earnings	$5.1B+2.4%	$5.0B+2.2%	$4.9B+2.2%	$4.8B+2.3%	$4.7B+2.4%	$4.6B+2.6%	$4.5B+2.6%	$4.4B

RDN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$119.9M+118.1%	-$663.6M-225.3%	$529.4M+36.3%	$388.3M-30.3%	$557.1M-15.4%	$658.4M
Capital Expenditures	$4.2M+169.1%	$1.6M-81.7%	$8.5M-51.7%	$17.7M+40.2%	$12.6M	N/A
Free Cash Flow	$115.7M+117.4%	-$665.1M-227.7%	$520.9M+40.5%	$370.6M-31.9%	$544.5M	N/A
Investing Cash Flow	$127.3M-61.2%	$327.7M+208.9%	-$300.8M-5713.4%	-$5.2M-177.9%	-$1.9M+99.8%	-$883.2M
Financing Cash Flow	-$243.1M-168.1%	$357.2M+234.8%	-$265.1M+44.7%	-$479.2M+3.5%	-$496.8M-323.2%	$222.6M
Dividends Paid	$145.6M-4.2%	$152.0M+4.1%	$145.9M+7.7%	$135.4M+31.1%	$103.3M+6.0%	$97.5M
Share Buybacks	$431.9M+91.9%	$225.1M+68.8%	$133.3M-66.7%	$400.2M+0.3%	$399.1M+76.4%	$226.3M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$407.0M+13.6%	$358.4M+150.2%	-$713.3M-1152.0%	$67.8M+125.2%	-$269.4M-13.2%	-$237.9M-14.8%	-$207.3M-506.1%	$51.0M
Capital Expenditures	$870K+3.2%	$843K-34.3%	$1.3M+6.2%	$1.2M+602.9%	$172K+113.9%	-$1.2M-215.7%	$1.1M-31.6%	$1.6M
Free Cash Flow	$406.1M+13.6%	$357.6M+150.0%	-$714.6M-1173.0%	$66.6M+124.7%	-$269.6M-12.7%	-$239.2M-14.8%	-$208.3M-521.0%	$49.5M
Investing Cash Flow	-$77.3M-189.5%	-$26.7M-121.4%	$125.1M+17.7%	$106.2M+200.8%	$35.3M-90.4%	$366.9M+35545.6%	-$1.0M+98.6%	-$73.4M
Financing Cash Flow	-$300.2M+11.1%	-$337.8M-158.0%	$582.1M+411.0%	-$187.2M-176.2%	$245.5M+314.1%	-$114.7M-158.7%	$195.3M+527.6%	$31.1M
Dividends Paid	$34.9M+0.1%	$34.8M-9.8%	$38.6M+3.6%	$37.3M+1.5%	$36.7M-1.1%	$37.2M-8.3%	$40.5M+7.8%	$37.6M
Share Buybacks	$0	$0-100.0%	$223.0M+6.7%	$208.9M+174.8%	$76.0M+55.1%	$49.0M-2.0%	$50.0M0.0%	$50.0M

RDN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	48.7%-1.4pp	50.1%-1.1pp	51.2%-11.2pp	62.4%+17.2pp	45.2%+17.8pp	27.4%
Return on Equity	12.2%-0.9pp	13.1%-0.6pp	13.7%-5.2pp	19.0%+4.9pp	14.1%+4.9pp	9.2%
Return on Assets	7.2%+0.2pp	7.0%-1.0pp	7.9%-2.6pp	10.5%+2.9pp	7.7%+2.7pp	5.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.70-0.2	0.88+0.2	0.73-0.1	0.80-0.0	0.84-0.0	0.86
FCF Margin	9.7%+64.8pp	-55.1%-99.4pp	44.3%+13.1pp	31.1%-9.8pp	40.9%	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	51.5%+4.9pp	46.7%-0.8pp	47.5%-1.5pp	49.0%-1.6pp	50.7%+2.2pp	48.5%-2.4pp	50.9%+0.4pp	50.5%
Return on Equity	3.2%+0.2pp	3.0%-0.1pp	3.2%+0.0pp	3.1%-0.1pp	3.2%-0.0pp	3.2%-0.2pp	3.4%-0.0pp	3.4%
Return on Assets	1.9%+0.2pp	1.7%+0.2pp	1.5%-0.2pp	1.7%-0.1pp	1.7%-0.1pp	1.8%-0.1pp	1.9%-0.1pp	2.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.70-0.1	0.76-0.4	1.13+0.2	0.91+0.0	0.88+0.1	0.79-0.0	0.81+0.1	0.75
FCF Margin	135.1%+17.2pp	117.9%+357.3pp	-239.4%-262.0pp	22.6%+114.7pp	-92.1%-15.8pp	-76.3%-6.5pp	-69.8%-86.2pp	16.4%

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Frequently Asked Questions

What is Radian Group's annual revenue?

Radian Group (RDN) reported $1.2B in total revenue for fiscal year 2025. This represents a -0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Radian Group's revenue growing?

Radian Group (RDN) revenue declined by 0.8% year-over-year, from $1.2B to $1.2B in fiscal year 2025.

Is Radian Group profitable?

Yes, Radian Group (RDN) reported a net income of $582.6M in fiscal year 2025, with a net profit margin of 48.7%.

What is Radian Group's net profit margin?

Radian Group (RDN) had a net profit margin of 48.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Radian Group's return on equity (ROE)?

Radian Group (RDN) has a return on equity of 12.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Radian Group's free cash flow?

Radian Group (RDN) generated $115.7M in free cash flow during fiscal year 2025. This represents a 117.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Radian Group's operating cash flow?

Radian Group (RDN) generated $119.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Radian Group's total assets?

Radian Group (RDN) had $8.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Radian Group's capital expenditures?

Radian Group (RDN) invested $4.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Radian Group buy back shares?

Yes, Radian Group (RDN) spent $431.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Radian Group have outstanding?

Radian Group (RDN) had 135M shares outstanding as of fiscal year 2025.

What is Radian Group's debt-to-equity ratio?

Radian Group (RDN) had a debt-to-equity ratio of 0.70 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Radian Group's return on assets (ROA)?

Radian Group (RDN) had a return on assets of 7.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Radian Group's Piotroski F-Score?

Radian Group (RDN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Radian Group's earnings high quality?

Radian Group (RDN) has an earnings quality ratio of 0.21x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Radian Group?

Radian Group (RDN) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.