• Radian Group average return on tangible equity for 2023 was 16.2, a 8.37% decline from 2022.
• Radian Group average return on tangible equity for 2022 was 17.68, a 42.35% decline from 2021.
• Radian Group average return on tangible equity for 2021 was 12.42, a 3.85% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.