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Radian Group (STU:RAG) Net Margin % : 47.70% (As of Mar. 2024)


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What is Radian Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Radian Group's Net Income for the three months ended in Mar. 2024 was €140 Mil. Radian Group's Revenue for the three months ended in Mar. 2024 was €294 Mil. Therefore, Radian Group's net margin for the quarter that ended in Mar. 2024 was 47.70%.

The historical rank and industry rank for Radian Group's Net Margin % or its related term are showing as below:

STU:RAG' s Net Margin % Range Over the Past 10 Years
Min: 9.91   Med: 44.6   Max: 89.45
Current: 47.84


STU:RAG's Net Margin % is ranked better than
95.28% of 487 companies
in the Insurance industry
Industry Median: 7.96 vs STU:RAG: 47.84

Radian Group Net Margin % Historical Data

The historical data trend for Radian Group's Net Margin % 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.

* Premium members only.

Radian Group Net Margin % Chart

Radian Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.03 27.36 45.17 62.39 48.62

Radian Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.91 50.30 49.94 43.77 47.70

Competitive Comparison of Radian Group's Net Margin %

For the Insurance - Specialty subindustry, Radian Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Radian Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Radian Group's Net Margin % falls into.



Radian Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Radian Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=553.06/1137.619
=48.62 %

Radian Group's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=140.166/293.865
=47.70 %

* 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.


Radian Group  (STU:RAG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Radian Group Net Margin % Related Terms

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Radian Group (STU:RAG) Business Description

Traded in Other Exchanges
Address
550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087
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.

Radian Group (STU:RAG) Headlines

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