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Radian Group (STU:RAG) Tax Rate % : 19.25% (As of Jun. 2024)


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What is Radian Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Radian Group's Tax Expense for the three months ended in Jun. 2024 was €34 Mil. Radian Group's Pre-Tax Income for the three months ended in Jun. 2024 was €175 Mil. Therefore, Radian Group's Tax Rate % for the quarter that ended in Jun. 2024 was 19.25%.

Radian Group Tax Rate % Historical Data

The historical data trend for Radian Group's Tax Rate % 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 Tax Rate % Chart

Radian Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.81 17.90 21.46 22.02 21.42

Radian Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % 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 20.03 22.09 20.65 23.30 19.25

Radian Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Radian Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=150.725/703.786
=21.42 %

Radian Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=33.648/174.766
=19.25 %

* 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 Tax Rate % Related Terms

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Radian Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Radian Group Inc (STU:RAG) » Definitions » Tax Rate %
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Traded in Other Exchanges
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.

Radian Group Headlines

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