Radian Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	4,272	5,062	5,188	5,018	5,517
Investments in Equity & Preferred Securities	36.63	138.19	89.06	148.97	184.25
Other Investments	1,551	292.86	519.83	307.87	507.02
Total Investments	5,925	5,576	5,936	5,594	6,465
Cash & Equivalents	24.83	19.22	19	56.18	151.15
Reinsurance Recoverable	48.81	34.56	25.91	25.63	67.9
Other Receivables	160.48	165.3	169.64	159.93	156.83
Deferred Policy Acquisition Cost	19.02	17.75	18.72	18.46	16.32
Property, Plant & Equipment	15.16	18.57	27.55	36.83	53.26
Goodwill	-	-	-	9.8	9.8
Other Intangible Assets	11	16.41	52.56	60.73	63.5
Restricted Cash	0.01	0.03	1.07	0.38	1.48
Other Current Assets	1,646	2,567	1,000	837.51	604.45
Other Long-Term Assets	271.85	274.88	343.07	264.52	249.63
Total Assets	8,122	8,690	7,594	7,064	7,839
Accrued Expenses	48.26	41.2	47.77	-	-
Insurance & Annuity Liabilities	352.93	354.43	370.15	426.84	828.64
Unpaid Claims	47.02	-	-	-	-
Unearned Premiums	159.34	188.34	245.36	298.48	367.69
Reinsurance Payable	-	-	-	152.07	228.08
Current Portion of Long-Term Debt	33.32	36.14	521.91	104.9	71.05
Current Portion of Leases	6.99	-	-	-	-
Short-Term Debt	62.21	125.72	149.36	-	-
Current Income Taxes Payable	34.77	23.29	20.76	21	-
Long-Term Debt	1,076	1,075	1,015	1,464	1,489
Long-Term Leases	15.13	29.76	44.69	49.39	53.52
Long-Term Deferred Tax Liabilities	942.19	772.23	589.56	391.08	337.51
Other Current Liabilities	487.68	1,362	130.56	4.9	-
Other Long-Term Liabilities	75.24	57.33	60.65	231.32	204.49
Total Liabilities	3,341	4,066	3,196	3,144	3,580
Common Stock	0.16	0.17	0.17	0.18	0.19
Additional Paid-In Capital	861.21	1,247	1,431	1,520	1,878
Retained Earnings	5,132	4,695	4,244	3,787	3,181
Treasury Stock	-989.75	-968.25	-945.87	-930.64	-920.8
Comprehensive Income & Other	-222.16	-350.24	-330.85	-456.8	120.09
Shareholders' Equity	4,782	4,624	4,398	3,919	4,259
Total Liabilities & Equity	8,122	8,690	7,594	7,064	7,839
Filing Date Shares Outstanding	136.27	145.06	151.5	157.19	175.53
Total Common Shares Outstanding	135.5	147.57	153.18	157.06	175.42
Total Debt	1,193	1,267	1,731	1,619	1,614
Net Cash (Debt)	-1,169	-1,247	-1,712	-1,563	-1,463
Net Cash Per Share	-8.30	-8.09	-10.69	-9.16	-7.69
Book Value Per Share	35.29	31.33	28.71	24.95	24.28
Tangible Book Value	4,771	4,607	4,345	3,849	4,185
Tangible Book Value Per Share	35.21	31.22	28.37	24.51	23.86
Machinery	67.84	67.5	71.88	68.22	67.32
Leasehold Improvements	34.83	32.81	39.34	39.13	34.81

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.