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Radian Group Inc  (RDN)
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Radian Group Inc's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Radian Group Inc's ROA in the fourth quarter of 2023?
Radian Group Inc achieved a return on average assets (ROA) of 9.75 % in its fourth quarter of 2023, this is above RDN's average return on assets of 7.52%.
Radian Group Incs assets during the 12 months ending in the fourth quarter of 2023 are valued at $6 billion

Despite the company's net income deteriorating, Radian Group Inc was able to improve its ROA compared to the third quarter of 2023.

However, within the Financial sector 35 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 579, from total ROA ranking in the third quarter of 2023 at 922.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 5.09 % 0.12 % -12.84 % -17.88 % -22.54 %
Y / Y Net Income Change 611.08 % -21.03 % -27.39 % -12.9 % -89.63 %
Net Income (TTM) in million 603 480 522 577 601
Return On Assets (TTM) 9.75 % 7.86 % 8.54 % 9.11 % 9 %
RDN's Total Ranking # 579 # 922 # 897 # 837 # 995
Total Assets (TTM) in million 6,231 6,210 6,212 6,102 5,930
Seq. Total Assets Change 0.34 % -0.04 % 1.82 % 2.9 % -4.41 %
Seq. Net Income Change -8.87 % 7.18 % -7.4 % 686.15 % -89.88 %



Return On Assets Company Ranking
Within: No.
Industry # 6
Sector # 36
Overall # 577

Return On Assets Statistics
High Average Low
15.81 %
7.52 %
2.07 %
(Dec. 30, 2014)   (Dec 31 2017)





Financial Statements
Radian Group Inc's Assets $ 6,231 million RDN's Balance sheet
Radian Group Inc's Income $ 143 million Quarterly RDN's Income Statement
RDN's Income by Division See RDN's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change 5.09 % -22.54 % -41.97 % 97.52 % 7.99 %
Total Assets in million 6,231 5,930 7,655 13,190 6,678
Y / Y Net Income Change 0.41 % 52.6 % -41.45 % 10.94 % 400.47 %
Net Income in million 603 601 394 672 606
Return On Assets 9.68 % 10.13 % 5.14 % 5.1 % 9.07 %




Comment on RDN's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA deteriorated to 9.68 %, despite annual net income growth of 0.41 % to $603.12 million, from $600.67 million a year ago, as RDN's assets increase to $6,231.23 million, by 0.41 %.


More Return On Assets Ratios
RDN's' Return on Assets at Yahoo Finance
Property & Casualty Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
RDN's Roa Ratio versus Property & Casualty Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for RDN's Competitors
Roa for Radian Group Inc's Suppliers
Return On Assets for RDN's Customers

You may also want to know
RDN's Roi RDN's Inventory Turnover Ratio RDN's Growth Rates RDN's Dividend Comparisons
RDN's Profitability Ratios RDN's Asset Turnover Ratio RDN's Dividend Growth
RDN's Roe RDN's Valuation Ratios RDN's Financial Strength Ratios RDN's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Financial Sector ROA
Artisan Partners Asset Management Inc   22.69 %
Graniteshares Gold Trust  22.01 %
Fidelis Insurance Holdings Limited  21.27 %
Cohen and Steers Inc   20.55 %
Sei Investments Company  19.34 %
Capitalworks Emerging Markets Acquisition Corp  19.27 %
Erie Indemnity Company  18.95 %
Hamilton Lane Inc  16.45 %
Price T Rowe Group Inc  14.80 %
Federated Hermes Inc   14.79 %
Brookfield Asset Management Ltd   14.07 %
Value Line Inc  13.83 %
Manhattan Bridge Capital Inc   13.04 %
Abrdn Gold Etf Trust  12.81 %
Burford Capital Limited  12.30 %
Lpl Financial Holdings Inc   12.05 %
Spdr Gold Trust  11.95 %
World Gold Trust  11.94 %
Brightsphere Investment Group Inc   11.83 %
Nmi Holdings Inc   11.69 %
Public Storage  11.56 %
Essent Group Ltd   11.40 %
Mgic Investment Corp  11.15 %
Enact Holdings Inc   11.11 %
Moody s Corporation  11.05 %
Affiliated Managers Group inc   10.09 %
Cboe Global Markets Inc   10.05 %
Goldman Sachs Physical Gold Etf  9.79 %
Kinsale Capital Group Inc   9.14 %
Houlihan Lokey Inc   9.07 %


Date modified: 2024-02-24T16:53:02+00:00


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