← RADIAN GROUP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $308.3m |
$121.1m
-60.72%
|
$606.0m
+400.47%
|
$672.3m
+10.94%
|
$393.6m
-41.45%
|
$600.7m
+52.60%
|
$742.9m
+23.68%
|
$603.1m
-18.82%
|
$604.4m
+0.22%
|
$582.6m
-3.61%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $742.9m | $675.9m | $660.3m | $618.2m | — | |
| Depreciation, Depletion and Amortization | — | — | — | — | $18.3m | $15.9m | $15.2m | $15.0m | $18.0m | $10.0m | $46.4m | |
| Depreciation, Amortization and Accretion, Net | — | — | — | $50.4m | $66.6m | $72.0m | $72.3m | $73.6m | $78.8m | $46.4m | $46.4m | |
| Amortization of Intangible Assets | $13.2m | $11.8m | $12.4m | $8.6m | $5.1m | $3.4m | — | $5.5m | $0 | — | — | |
| Capitalized Computer Software, Amortization | — | — | $11.4m | $13.0m | — | — | — | — | — | — | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $23.5m | $24.3m | $25.3m | $25.3m | $31.0m | $29.0m | $23.9m | $24.6m | $27.3m | $25.0m | — | |
| Depreciation | $11.7m | $17.4m | $8.0m | $7.8m | — | — | $72.3m | $57.9m | $61.7m | $46.4m | $46.4m | |
| Amortization Cash Flow | — | — | — | — | — | $3.5m | $4.3m | $5.5m | $0 | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | $3.5m | $4.3m | $5.5m | $0 | — | $0 | |
| Deferred Income Tax Expense (Benefit) | $170.9m | $166.5m | $120.6m | $157.2m | $102.1m | $161.8m | $206.9m | $165.0m | $162.3m | $138.6m | $138.6m | |
| Deferred Income Tax | — | — | — | — | — | — | $206.9m | $172.8m | $165.9m | $138.6m | $138.6m | |
| Deferred Tax | — | — | — | — | — | — | $206.9m | $172.8m | $165.9m | $138.6m | $138.6m | |
| Share-based Payment Arrangement, Expense | $16.3m | $13.5m | $17.6m | $21.4m | $19.2m | $28.4m | $38.1m | $41.1m | $38.5m | $44.7m | — | |
| Goodwill, Impairment Loss | — | $184.4m | $0 | $4.8m | $0 | $0 | — | $9.8m | $0 | — | $9.8m | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $4.2m | ($3.0m) | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | $7.6m | $5.0m | $2.0m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | $9.8m | — | — | $9.8m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $0 | $0 | $1.2m | — | $1.8m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($715.4m) | ($284.3m) | ($241.7m) | ($83.8m) | ($83.8m) | |
| Increase (Decrease) in Accounts Receivable | $16.0m | ($3.6m) | $4.6m | $25.5m | $29.3m | $2.7m | ($4.2m) | $1.6m | $1.5m | ($793k) | ($13.5m) | |
| Change In Receivables | — | — | — | — | — | — | $46.5m | ($11.5m) | ($11.2m) | ($13.5m) | ($13.5m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $46.5m | ($11.5m) | ($11.2m) | ($13.5m) | ($13.5m) | |
| Increase (Decrease) in Other Operating Assets | $3.4m | $16.5m | ($43.6m) | $134.4m | $57.5m | $78.2m | ($65.7m) | ($38.0m) | ($28.1m) | ($35.5m) | — | |
| Gain (Loss) on Disposition of Other Assets | $64k | $32k | — | — | — | — | — | — | — | — | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $65.7m | $38.6m | $27.6m | $35.5m | $35.5m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($40.5m) | ($28.4m) | ($32.8m) | $8.3m | $8.3m | |
| Net Cash Provided by (Used in) Operating Activities | $381.7m |
$360.6m
-5.54%
|
$677.8m
+87.97%
|
$694.4m
+2.46%
|
$658.4m
-5.18%
|
$557.1m
-15.39%
|
$388.3m
-30.30%
|
$529.4m
+36.35%
|
($663.6m)
-225.34%
|
$119.9m
+118.06%
|
$1.4b
+1075.87%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($17.7m) | ($8.5m) | ($1.6m) | ($4.2m) | ($2.9m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $337.6m | $463.5m | $457.6m | $464.8m | $645.1m | $1.2b | $789.9m | $498.1m | $903.4m | $853.0m | — | |
| Gain (Loss) on Investments | $31.0m | $3.2m | ($41.1m) | $44.1m | $44.1m | $17.1m | ($65.0m) | $140k | ($8.5m) | ($5.1m) | $24k | |
| Payments to Acquire Businesses, Net of Cash Acquired | $150k | $86k | $8.0m | $0 | $0 | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $739k | ($1.4m) | ($6.1m) | $6.9m | $45k | ($1.1m) | $8.8m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($6.9m) | ($45k) | $1.1m | ($8.8m) | ($6.3m) | |
| Net Cash Provided by (Used in) Investing Activities | ($176.1m) | ($201.5m) | — | ($302.0m) | ($883.2m) | ($1.9m) | ($5.2m) | ($300.8m) | $327.7m | $127.3m | ($367.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $445.1m | $593.5m | $0 | $610.8m | $0 | $0 | — | — | — | — | ($174.9m) | |
| Gain (Loss) on Extinguishment of Debt | ($75.1m) | ($51.5m) | $0 | ($22.7m) | $0 | $0 | — | — | ($4.3m) | ($513k) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $381.9m | $6.0m | $623.2m | $95.3m | $236.7m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $381.9m | $6.0m | $623.2m | $95.3m | $236.7m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($377.0m) | ($64.4m) | ($1.0b) | ($99.9m) | ($174.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $4.8m | ($58.4m) | ($409.7m) | ($4.7m) | $61.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $4.8m | ($58.4m) | ($409.7m) | ($4.7m) | $61.8m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $13.6m | $103.0m | $38.2m | — | — | ($18.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($377.0m) | ($64.4m) | ($1.0b) | ($99.9m) | ($174.9m) | |
| Payments for Repurchase of Common Stock | $100.2m | $6k | $50.1m | $300.2m | $226.3m | $399.1m | $400.2m | $133.3m | $225.1m | $431.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $2 | $2 | $2 | $2 | $97 | $103 | $135 | $146 | $152 | $146 | ($142.3m) | |
| Proceeds from Issuance of Common Stock | $717k | $7.1m | $1.4m | $2.4m | $1.6m | $1.4m | $1.3m | $1.8m | $928k | $1.0m | $630k | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($135.4m) | ($145.9m) | ($152.0m) | ($145.6m) | ($142.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $1.3m | $1.8m | $928k | $1.0m | $630k | |
| Common Stock Payments | — | — | — | — | — | — | ($400.2m) | ($133.3m) | ($225.1m) | ($431.9m) | ($130.3m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $1.3m | $1.8m | $928k | $1.0m | $630k | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($398.9m) | ($131.6m) | ($224.1m) | ($430.9m) | ($129.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($400.2m) | ($133.3m) | ($225.1m) | ($431.9m) | ($130.3m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($135.4m) | ($145.9m) | ($152.0m) | ($145.6m) | ($142.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($989k) | ($2.3m) | ($3.3m) | ($814k) | ($904k) | ($812k) | ($4.0m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($814k) | ($904k) | ($812k) | ($4.0m) | ($4.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($203.3m) |
($125.1m)
+38.46%
|
— | ($403.1m) |
$222.6m
+155.23%
|
($496.8m)
-323.15%
|
($479.2m)
+3.54%
|
($265.1m)
+44.68%
|
$357.2m
+234.76%
|
($243.1m)
-168.05%
|
($296.8m)
-22.08%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($10.7m) | ($2.1m) | $58.5m | ($96.1m) | ($36.5m) | $21.4m | $4.0m | $154.8m | |
| Beginning Cash Position | — | — | — | — | — | — | $152.6m | $56.6m | $20.1m | $41.5m | $22.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $96.2m | — | $96.3m | $94.1m | $152.6m | $56.6m | $20.1m | $41.5m | $45.5m | $154.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $45.8m | $60.6m | $78.7m | $79.1m | $86.5m | $107.7m | $64.0m | — | |
| Income Taxes Paid, Net | ($673k) | $94.3m | $8.4m | $71.5m | $81.4m | $144.0m | $243.5m | $154.0m | $172.6m | $137.1m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | $28k | $814k | ($5.8m) | — | — | |
| Goodwill | — | — | — | — | — | $9.8m | $9.8m | $0 | $0 | — | $9.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $308.3m | $121.1m | $606.0m | $672.3m | $393.6m | $600.7m | $742.9m | — | — | $618.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($35.5m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | — | — | — | — | — | ($35.5m) | — | |
| Income Tax Expense (Benefit) | $175.4m | $225.6m | $78.2m | $176.7m | $85.8m | $164.2m | $209.8m | $164.4m | $166.8m | $173.0m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($10.7m) | ($10.5m) | ($3.9m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($479.2m) | ($287.1m) | ($810.3m) | ($648.7m) | ($296.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($5.2m) | ($230.5m) | $279.1m | ($95.0m) | ($367.5m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | — | $22.1m |
$1.2b
+5191.77%
|
$405.6m
-65.26%
|
($729.3m)
-279.83%
|
|
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | — | ($70.4m) | $48.7m | $222.3m | $132.8m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($96.1m) | ($36.5m) | $21.4m | $4.0m | — | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($242.2m) | ($154.0m) | ($170.8m) | ($135.2m) | ($135.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($96.1m) | ($36.5m) | $21.4m | $4.0m | $132.6m | |
| End Cash Position | — | — | — | — | — | — | $56.6m | $20.1m | $41.5m | $45.5m | $154.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($479.2m) |
($265.1m)
+44.68%
|
$357.2m
+234.76%
|
($243.1m)
-168.05%
|
($296.8m)
-22.08%
|
|
| Free Cash Flow | — | — | — | — | — | — | $370.6m | $520.9m | ($665.1m) | $115.7m | $1.4b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $80.7m | ($9.4m) | $4.3m | $24k | $24k | |
| Investing Cash Flow | — | — | — | — | — | — | ($5.2m) | ($300.8m) | $327.7m | $127.3m | ($367.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $19.4m | ($221.9m) | $279.5m | ($82.1m) | $1.2b | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($17.7m) | ($8.5m) | ($1.6m) | ($4.2m) | ($2.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | $80.7m | ($9.4m) | $4.3m | $24k | $24k | |
| Other Non Cash Items | — | — | — | — | — | — | ($3.5m) | ($31.2m) | $4.3m | $513k | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($1.4b) | ($1.1b) | ($1.4b) | ($2.0b) | ($3.0b) | |
| Purchase Of PPE | — | — | — | — | — | — | ($17.7m) | ($8.5m) | ($1.6m) | ($4.2m) | ($2.9m) | |
| Sale Of Business | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $1.5b | $895.8m | $1.6b | $2.0b | $4.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.