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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	586.54	604.44	603.12	742.93	600.67	393.63
Depreciation & Amortization	57.92	51.35	66.03	61.73	71.91	63.97
Gain (Loss) on Sale of Investments	11.69	10.11	-10.24	80.73	-15.6	-60.28
Change in Accounts Receivable	10.64	-1.48	-1.62	4.21	-2.72	-29.28
Reinsurance Recoverable	-12.59	-10.52	-0.28	42.26	5.31	-56.23
Change in Unearned Revenue	-34.19	-37.06	-46.08	-57.61	-119.7	-178.03
Change in Income Taxes	-160.07	-170.76	-153.95	-242.25	-143.23	-76.09
Change in Insurance Reserves / Liabilities	25.63	-9.82	-56.7	-401.8	-19.77	443.65
Change in Other Net Operating Assets	-17.81	-7.09	-5.73	17.96	63.39	58.08
Other Operating Activities	157.52	166.55	165	206.93	161.79	102.08
Operating Cash Flow	-1,153	-663.57	529.43	388.3	557.11	658.43
Operating Cash Flow Growth	-	-	36.35%	-30.30%	-15.39%	-5.18%
Capital Expenditures	-3.04	-3.17	-16.28	-17.67	-12.6	-17.02
Investment in Securities	463.62	262.76	-284.52	19.38	4.61	-884.08
Other Investing Activities	-0.44	1.12	-0.05	-6.89	6.13	1.43
Investing Cash Flow	633.49	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	4,894	3,572	811.19	432.97	55.57	722.6
Total Debt Repaid	-3,662	-2,838	-797.91	-377.05	-48	-175.48
Net Debt Issued (Repaid)	1,233	734.14	13.28	55.92	7.57	547.12
Issuance of Common Stock	0.82	0.93	1.76	1.34	1.38	1.55
Repurchases of Common Stock	-556.94	-225.06	-133.31	-400.2	-399.1	-226.31
Common Dividends Paid	-149.81	-151.96	-145.91	-135.44	-103.3	-97.46
Other Financing Activities	-0.8	-0.81	-0.9	-0.81	-3.33	-2.29
Financing Cash Flow	525.79	357.23	-265.09	-479.18	-496.78	222.62
Net Cash Flow	6.41	21.41	-36.5	-96.06	58.47	-2.13
Free Cash Flow	-1,156	-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	-89.89%	-51.67%	41.36%	31.13%	40.94%	44.59%
Free Cash Flow Per Share	-7.81	-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	636.91	579.83	179.97	716.15	416.06	40.44
Unlevered Free Cash Flow	699.59	647.34	236.03	768.93	468.77	84.91
Change in Working Capital	-194.75	-244.35	-286.11	-715.37	-265.22	151.28

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

SEC Filings: 10-K · 10-Q