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 33 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
536, from total ROA ranking in the third quarter of 2023 at
922.
What is ROA?