Ready Capital (RC-PE) EBITDA (2014 - 2026)
Ready Capital (RC-PE) recorded quarterly EBITDA of -$119.9 million in Q1 2026, up 21.79% quarter-over-quarter from -$153.3 million in Q4 2025, and down 155.1% on a YoY basis from $217.7 million in Q1 2025.
Ready Capital (RC-PE) EBITDA (2014 - 2026) Analysis & Trends
Ready Capital's EBITDA history runs 13 years deep, the most recent figure standing at -$119.9 million for Q1 2026.
- In Q1 2026, EBITDA fell 155.1% year-over-year to -$119.9 million; the TTM figure through Mar 2026 stood at -$126.0 million (down 139.43% YoY), while the FY2025 annual figure was $211.6 million, up 17.57% from the prior year.
- EBITDA was -$119.9 million for Q1 2026 at Ready Capital, up from -$153.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $416.9 million in Q2 2023 to a low of -$160.9 million in Q4 2024.
- Historically, EBITDA has averaged $110.1 million across 5 years, with a median of $100.1 million in 2025.
- The sharpest annual moves came in 2023 and 2024: EBITDA soared 475.35% in 2023, then sank 171.99% in 2024.
- A 5-year view of EBITDA shows it stood at $334.9 million in 2022, then slumped by 33.25% to $223.5 million in 2023, then tumbled by 171.99% to -$160.9 million in 2024, then gained by 4.72% to -$153.3 million in 2025, then grew by 21.79% to -$119.9 million in 2026.
- The last three EBITDA figures came in at -$119.9 million (Q1 2026), -$153.3 million (Q4 2025), and $100.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 245.47 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -156.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 382.38 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 154.24 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 215.55 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -83.17 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 179.14 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -11.91 Mn |
| 10 | Ready Capital | - | - | - | -119.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -119.93 Mn |
| Dec 31, 2025 | -153.34 Mn |
| Sep 30, 2025 | 100.09 Mn |
| Jun 30, 2025 | 47.15 Mn |
| Mar 31, 2025 | 217.67 Mn |
| Dec 31, 2024 | -160.92 Mn |
| Sep 30, 2024 | 159.70 Mn |
| Jun 30, 2024 | 103.16 Mn |
| Mar 31, 2024 | 78.01 Mn |
| Dec 31, 2023 | 223.55 Mn |
| Sep 30, 2023 | 236.12 Mn |
| Jun 30, 2023 | 416.95 Mn |
| Mar 31, 2023 | 44.28 Mn |
| Dec 31, 2022 | 334.89 Mn |
| Sep 30, 2022 | 186.52 Mn |
| Jun 30, 2022 | 72.47 Mn |
| Mar 31, 2022 | 85.20 Mn |
| Dec 31, 2021 | -138.85 Mn |
| Sep 30, 2021 | 103.21 Mn |
| Jun 30, 2021 | 93.31 Mn |