Radian Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Radian Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $1,240,588,000. Profit margin reached 49%. Total operating expenses were $1,240,588,000.
Profit Margin
| 2014 | 1.07B | 959.51M | 89.45% |
|---|---|---|---|
| 2015 | 1.19B | 286.92M | 24.05% |
| 2016 | 1.23B | 308.25M | 24.89% |
| 2017 | 1.22B | 121.08M | 9.91% |
| 2018 | 1.27B | 606.01M | 47.6% |
| 2019 | 1.52B | 672.30M | 44.03% |
| 2020 | 1.43B | 393.62M | 27.36% |
| 2021 | 1.32B | 600.67M | 45.17% |
| 2022 | 1.19B | 742.93M | 62.39% |
| 2023 | 1.24B | 603.11M | 48.62% |
RDN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.24B | 1.19B | 1.32B | 1.43B | 1.52B | 1.27B | 1.22B | 1.23B | 1.19B | 1.07B |
Cost of revenue | 386.06M | 463.50M | 427.4M | 366.77M | 414.45M | 378.94M | 371.92M | 359.07M | 336.12M | 295.88M |
Gross profit | 854.51M | 727.22M | 902.53M | 1.07B | 1.11B | 894.06M | 849.71M | 879.38M | 857.13M | 776.79M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.24B | 381.14M | -568.51M | -962.77M | -681.45M | -527.33M | -877.78M | -758.33M | -756.33M | -971.40M |
Operating income | 880.06M | 485.64M | 761.42M | 475.84M | 845.49M | 745.67M | 343.85M | 480.11M | 436.91M | 101.27M |
Other income (expenses), net | -112.57M | 467.13M | 3.41M | -959.17M | 3.49M | 4.02M | -874.89M | 3.57M | -755.42M | 0 |
Income before tax | 767.48M | 952.77M | 764.83M | 479.44M | 848.99M | 684.18M | 346.73M | 483.68M | 437.82M | 407.15M |
Income tax expense | 164.36M | 209.84M | 164.16M | 85.81M | 176.68M | 78.17M | 225.64M | 175.43M | 156.29M | -852.41M |
Net income | 603.11M | 742.93M | 600.67M | 393.62M | 672.30M | 606.01M | 121.08M | 308.25M | 286.92M | 959.51M |
Earnings per share | ||||||||||
Basic EPS | 3.81 | 4.42 | 3.19 | 2.01 | 3.22 | 2.83 | 0.56 | 1.46 | 1.44 | 5.2 |
Diluted EPS | 3.77 | 4.35 | 3.16 | 2 | 3.2 | 2.77 | 0.55 | 1.34 | 1.16 | 4.1 |
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