Radian Group (STU:RAG) Gross-Profit-to-Asset % : 16.67% (As of Mar. 2024)

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What is Radian Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Radian Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,175 Mil. Radian Group's average Total Assets over the quarter that ended in Mar. 2024 was €7,051 Mil. Therefore, Radian Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.67%.

Radian Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Radian Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Radian Group Gross-Profit-to-Asset % Chart

Radian Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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23.54

18.68

17.47

16.52

16.69

Radian Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															17.28	15.92	17.21	17.23	16.67

Competitive Comparison of Radian Group's Gross-Profit-to-Asset %

For the Insurance - Specialty subindustry, Radian Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Radian Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Radian Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Radian Group's Gross-Profit-to-Asset % falls into.

Radian Group Gross-Profit-to-Asset % Calculation

Radian Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1137.619	/	( (6668.16	+	6963.637)	/ 2 )
	=	1137.619	/	6815.8985
	=	16.69 %

Radian Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1175.46	/	( (6963.637	+	7139.076)	/ 2 )
	=	1175.46	/	7051.3565
	=	16.67 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Radian Group Gross-Profit-to-Asset % Related Terms

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Radian Group (STU:RAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Radian Group Inc (STU:RAG) » Definitions » Gross-Profit-to-Asset %

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RDN:USA

Address

550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.radian.com

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

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