Radian Group Inc. (RDN) financial statements (2021 and earlier)

Company profile

Business Address 1500 MARKET STREET
PHILADELPHIA, PA 19102
State of Incorp. DE
Fiscal Year End December 31
SIC 6351 - Surety Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0581,2231,1031,6742,4032,9651,453
Cash and cash equivalents93958152473024
Short-term investments9661,1281,0221,6212,3562,9341,429
Receivables 44484104 
Prepaid expense135      
Income taxes receivable4
Total current assets:1,1931,2671,1511,6772,4132,9681,457
Noncurrent Assets
Operating lease, right-of-use asset38
Property, plant and equipment30378771472711
Intangible assets, net (including goodwill), including:285964276289288
Goodwill     192 
Intangible assets, net (excluding goodwill)184553819496 
Other undisclosed intangible assets, net (including goodwill)101411195195 
Total noncurrent assets:969615134733631511
Other undisclosed assets5,5194,9514,5993,8392,8933,5764,154
TOTAL ASSETS:6,8086,3155,9015,8635,6426,8605,622
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities  96131124133151
Taxes payable  96131124133151
Total current liabilities:  96131124133151
Noncurrent Liabilities
Other undisclosed liabilities2,7602,8262,8052,8603,0214,5554,531
Total liabilities:2,7602,8262,9012,9913,1454,6884,682
Stockholders' equity
Stockholders' equity attributable to parent4,0493,4893,0002,8722,4972,097940
Common stock0000000
Treasury stock, value(902)(895)(894)(893)(893)(893)(893)
Additional paid in capital2,4502,7252,7542,7802,7172,5322,347
Accumulated other comprehensive income (loss)110(61)23(12)(18)5137
Retained earnings (accumulated deficit)2,3901,7201,116998692407(552)
Other undisclosed stockholders' equity     75 
Total stockholders' equity:4,0493,4893,0002,8722,4972,172940
TOTAL LIABILITIES AND EQUITY:6,8086,3155,9015,8635,6426,8605,622

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,5271,2731,2221,2381,1931,073759
Premiums earned, net1,1451,014
Financial services revenue933922916845831
Cost of revenue(367)(302)(406)(510)(509)(413)(677)
Cost of goods and services sold(108)(98)(105)(114)(90)(44) 
Policyholder benefits and claims incurred, net(132) 
Gross profit:1,16097181672968465982
Operating expenses(311)(287)(469)(245)(246)(252)(289)
Other undisclosed operating income      0
Operating income (loss):849684347484438407(207)
Nonoperating income (expense)
(Investment Income, Nonoperating)
     150(73)
Interest and debt expense(79)(61)(114)(156)(91)(90)(75)
Other undisclosed income from continuing operations before equity method investments, income taxes    91  
Income (loss) from continuing operations before equity method investments, income taxes:770623233327438466(355)
Other undisclosed income from continuing operations before income taxes7961114156   
Income (loss) from continuing operations before income taxes:849684347484438466(355)
Income tax expense (benefit)(177)(78)(226)(175)(156)85210
Net income (loss):6726061213082821,319(345)
Other undisclosed net income (loss) attributable to parent    5(359)148
Net income (loss) available to common stockholders, basic:672606121308287960(197)
Other undisclosed net income (loss) available to common stockholders, diluted  (0)61514 
Net income (loss) available to common stockholders, diluted:672606121314302974(197)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):6726061213082821,319(345)
Other comprehensive income (loss)171(87)356(70)1421
Comprehensive income (loss):8445191573142111,333(324)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    5(359)148
Comprehensive income (loss), net of tax, attributable to parent:844519157314217974(176)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: