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Radian Group RDN Total Operating Expenses

Discontinued — last reported Q3 '23

Total Operating Expenses at other companies

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Segments

By segment

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Mortgage Segment Operating$31M-3.1%

Other financials

Income statement

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Revenue$575.0M+92.6%
Gross profit$290.1M+0.4%
Net income$115.9M-18.3%
EPS (diluted)$0.85-16.7%

Balance sheet

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Cash & equivalents$156.6M+606%
Total debt$1.3B+3,644%
Total equity$4.8B+7.0%
Total assets$10.7B+11.2%

Cash flow

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Operating cash flow$342.9M+148%
CapEx$225.0K-81.2%
Free cash flow$342.7M+148%

Valuation

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Market cap$4.82B+6.4%
Enterprise value$5.93B+30.5%
P/E+1.3×
P/S2.9×-0.8×

Profitability

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Gross margin96.9%+0.1pp
Net margin32.6%-16.3pp
FCF margin84.5%+55.2pp

Returns & leverage

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Return on equity11.5%-1.5pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Radian Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Radian Group’s 10-Q, filed November 3, 2023.

Filed
Nov 3, 2023, 4:12 PM EDT
Fiscal quarter
Q3 FY2028
Calendar quarter
Q3 2028
Accession
0000890926-23-000058
(In thousands, except per-share amounts)Three Months Ended September 30, 2023Three Months Ended September 30, 2022Nine Months Ended September 30, 2023Nine Months Ended September 30, 2022
Other operating expenses79,20691,327252,360271,363
Interest expense24,30221,18369,14862,860
Amortization of other acquired intangible assets1,3711,0234,1122,721
Total expenses112,55040,728326,896126,521
Pretax income200,983255,461587,670749,481
Income tax provision44,40157,181127,244168,877
Net income$156,582$198,280$460,426$580,604
Net income per share

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's total operating expenses?
Radian Group (RDN) reported total operating expenses of $112.55M in Q3 2023.
How has Radian Group's total operating expenses changed year-over-year?
Radian Group's total operating expenses increased by 176.3% year-over-year, from $40.73M to $112.55M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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