Radian Group vs UWM Holdings
UWM Holdings is the larger business, with $3.16bn of revenue in fiscal 2025 against $1.20bn for Radian Group (2.6 times as much). UWM Holdings grew faster (18.2% against -0.8%). Radian Group kept more of each dollar of sales as profit: a net margin of 48.7% against 0.9%. Radian Group carries less debt relative to equity (23.2% against 188.2%).
| Latest fiscal year | Radian GroupRDN, 2025 | UWM HoldingsUWMC, 2025 |
|---|---|---|
| Revenue | $1.20bn | $3.16bn |
| Revenue growth | -0.8% | 18.2% |
| Net income | $583m | $27.4m |
| Operating margin | — | — |
| Net margin | 48.7% | 0.9% |
| Return on equity | 12.4% | 1.5% |
| Free cash flow | $116m | −$2.72bn |
| Cash | $24.8m | $503m |
| Total debt | $1.11bn | $3.00bn |
| Debt to equity | 23.2% | 188.2% |
| Dividend per share | $1.02 | — |
| Dividend yield | 3.0% | 19.6% |
| Share buybacks | $432m | — |
| Employees | 900 | 9,100 |
| Market value | $4.79bn | $547m |
| Price vs our value range | — | — |
| Moat score | 79 (Strong) | — |
| Insider trades, 12 months | 2 buys, 14 sales | 0 buys, 123 sales |