Radian RDN
- Market cap
- $4.7B
- PE
- 9.2×
- 10y median 8.4×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 2.9×
- Revenue, 12 months
- $1.6B
- +37% on a year ago
- Net margin
- 32.6%
Radian trades at 9.2× trailing earnings, pricier than 68% of the last ten years. Revenue was $1.6B over the last twelve months, up 37% on a year earlier with a 33% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $312.5M+6% | $328.6M+4% | $301.7M−3% | $298.6M+3% | $313.4M+0% | $292.7M−11% | $294.8M−2% | $298.6M+0% | $303.2M−3% | $300.5M+3% | $466.3M+58% | $575M+93% | |
| Cost of revenue | $8.9M−53% | $8.9M−45% | $9.3M−10% | $9.5M−7% | $9.5M+7% | $9.9M+10% | $8.8M−6% | $8.4M−12% | n/a | n/a | n/a | n/a |
| Gross profit | $303.6M+9% | $319.7M+7% | $310.1M+4% | $311.6M+12% | $324.3M+7% | $306M−4% | $309.3M−0% | $309.6M−1% | n/a | n/a | n/a | n/a |
| Interest expense | $23.3M+10% | $23.2M+7% | $29M+36% | $27.1M+24% | $21.9M−6% | $22.5M−3% | $16.5M−43% | $17.4M−36% | $17.2M−22% | $17.2M−24% | $20.6M+25% | $22.3M+28% |
| Pre-tax income | $201M−21% | $179.8M−12% | $198.6M−3% | $188.1M+3% | $214.3M+7% | $189.1M+5% | $198.7M+0% | $192.8M+3% | $198.7M−7% | $201M+6% | $173.7M−13% | $150.7M−22% |
| $44.4M−22% | $37.1M−9% | $46.3M+0% | $36.2M−1% | $47.8M+8% | $40.8M+10% | $46.6M+1% | $38.3M+6% | $45.9M−4% | $42.2M+3% | $44.2M−5% | $32.5M−15% | |
| Net income | $156.6M−21% | $142.7M−12% | $152.4M−3% | $151.9M+4% | $151.9M−3% | $148.3M+4% | $144.6M−5% | $141.8M−7% | $141.4M−7% | $154.8M+4% | $124.1M−14% | $115.9M−18% |
| $0.98−18% | $0.90−10% | $0.98+0% | $0.98+8% | $0.99+1% | $0.98+9% | $0.98+0% | $1.02+4% | $1.03+4% | $1.12+14% | $0.89−9% | $0.85−17% | |
| 160.1M−3% | 157.9M−2% | 156M−3% | 154.4M−4% | 153.1M−4% | 151.9M−4% | 147.7M−5% | 138.4M−10% | 137.9M−10% | 138.3M−9% | 138.5M−6% | 136.3M−2% |
Gross profit: 47 periods, Q3 FY13 to Q2 FY25: not printed by the filing, worked out from its own lines.
Net income: 7 periods, Q1 FY17 to Q4 FY22: not printed by the filing, worked out from its own lines.
EPS, diluted: 10 periods, Q4 FY10 to Q4 FY23: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q4 FY10 to Q4 FY12: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY13 to Q4 FY23: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Insurance - Specialty nearest Radian's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| RDNRadian | $4.7B | 9.2× | 8.4× | 2.9× | +37% | 32.6% | |
| MTGMgic Investment | $5.9B | 9.0× | 8.5× | 4.9× | −2% | 59.2% | |
| ESNTEssent | $6B | 9.3× | 8.8× | 4.6× | +4% | 52.1% | |
| NMIHNMI | $3.2B | 8.4× | 8.7× | 4.4× | +8% | 54.1% | |
| AGOAssured Guaranty | $3.1B | 9.3× | 9.3× | 3.5× | −16% | 40.6% | |
| ORIOld Republic International | $9.4B | 8.5× | 11.1× | 1.0× | +12% | 11.7% | |
| Peer median | $5.9B | 9.0× | 8.8× | 4.4× | +4% | 52.1% |
More on Radian
Each number over time
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About
- Industry
- Insurance - Specialty
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .