Radian Group Inc. (RDN)

Radian Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	596.64	604.44	603.12	742.93	600.67	393.63
Depreciation & Amortization	50.98	51.35	66.03	61.73	71.91	63.97
Gain (Loss) on Sale of Investments	11.33	10.11	-10.24	80.73	-15.6	-60.28
Change in Accounts Receivable	5.94	-1.48	-1.62	4.21	-2.72	-29.28
Reinsurance Recoverable	-12.08	-10.52	-0.28	42.26	5.31	-56.23
Change in Unearned Revenue	-36.19	-37.06	-46.08	-57.61	-119.7	-178.03
Change in Income Taxes	-170.76	-170.76	-153.95	-242.25	-143.23	-76.09
Change in Insurance Reserves / Liabilities	13.11	-9.82	-56.7	-401.8	-19.77	443.65
Change in Other Net Operating Assets	8.62	-7.09	-5.73	17.96	63.39	58.08
Other Operating Activities	159.78	166.55	165	206.93	161.79	102.08
Operating Cash Flow	-646.81	-663.57	529.43	388.3	557.11	658.43
Operating Cash Flow Growth	-	-	36.35%	-30.30%	-15.39%	-5.18%
Capital Expenditures	-2.82	-3.17	-16.28	-17.67	-12.6	-17.02
Investment in Securities	402.73	262.76	-284.52	19.38	4.61	-884.08
Other Investing Activities	1.02	1.12	-0.05	-6.89	6.13	1.43
Investing Cash Flow	507.38	327.75	-300.84	-5.18	-1.86	-883.18
Short-Term Debt Issued	-	-	-	-	13.57	-
Long-Term Debt Issued	-	3,572	811.19	432.97	42	722.6
Total Debt Issued	3,357	3,572	811.19	432.97	55.57	722.6
Total Debt Repaid	-2,682	-2,838	-797.91	-377.05	-48	-175.48
Net Debt Issued (Repaid)	674.84	734.14	13.28	55.92	7.57	547.12
Issuance of Common Stock	0.58	0.93	1.76	1.34	1.38	1.55
Repurchases of Common Stock	-383.97	-225.06	-133.31	-400.2	-399.1	-226.31
Common Dividends Paid	-151.69	-151.96	-145.91	-135.44	-103.3	-97.46
Other Financing Activities	-0.82	-0.81	-0.9	-0.81	-3.33	-2.29
Financing Cash Flow	138.95	357.23	-265.09	-479.18	-496.78	222.62
Net Cash Flow	-0.48	21.41	-36.5	-96.06	58.47	-2.13
Free Cash Flow	-649.63	-666.75	513.15	370.63	544.51	641.42
Free Cash Flow Growth	-	-	38.46%	-31.93%	-15.11%	-3.81%
Free Cash Flow Margin	-50.40%	-51.67%	41.36%	31.13%	40.94%	44.59%
Free Cash Flow Per Share	-4.27	-4.32	3.21	2.17	2.86	3.26
Cash Interest Paid	107.69	107.69	86.53	79.06	78.7	60.56
Cash Income Tax Paid	172.65	172.65	153.97	243.5	143.97	81.4
Levered Free Cash Flow	608.2	579.83	179.97	716.15	416.06	40.44
Unlevered Free Cash Flow	671.61	647.34	236.03	768.93	468.77	84.91
Change in Net Working Capital	-28.77	6.01	404.9	-29.27	151.94	330.2

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q