Ready Capital (RC-PE) Minority Interest (2012 - 2024)

Ready Capital (RC-PE) recorded quarterly Minority Interest of $99.0 million in Q2 2024, up 1.98% quarter-over-quarter from $97.1 million in Q1 2024, and down 0.98% on a YoY basis from $100.0 million in Q3 2023.

Ready Capital (RC-PE) Minority Interest (2012 - 2024) Analysis & Trends

Ready Capital's Minority Interest history runs 13 years deep, the most recent figure standing at $99.0 million for Q2 2024.

  • In Q2 2024, Minority Interest fell 0.98% year-over-year to $99.0 million; the TTM figure through Jun 2024 stood at $99.0 million (down 0.98% YoY), while the FY2023 annual figure was $98.5 million, down 0.69% from the prior year.
  • Minority Interest was $99.0 million for Q2 2024 at Ready Capital, up from $97.1 million in the prior quarter.
  • In the past five years, Minority Interest ranged from a high of $107.3 million in Q1 2022 to a low of $4.5 million in Q4 2021.
  • Historically, Minority Interest has averaged $66.0 million across 5 years, with a median of $98.5 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Minority Interest tumbled 76.11% in 2021, then soared 2106.19% in 2022.
  • A 5-year view of Minority Interest shows it stood at $18.8 million in 2020, then sank by 76.11% to $4.5 million in 2021, then jumped by 2106.19% to $99.1 million in 2022, then decreased by 0.69% to $98.5 million in 2023, then rose by 0.53% to $99.0 million in 2024.
  • The last three Minority Interest figures came in at $99.0 million (Q2 2024), $97.1 million (Q1 2024), and $98.5 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn -
2 AGNC Investment 11.42 Bn 10.75 Bn -
3 Starwood Property Trust 6.25 Bn 6.25 Bn -
4 Rithm Capital 5.08 Bn 4.78 Bn -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn -
6 Dynex Capital 2.58 Bn 1.80 Bn -
7 Armour Residential REIT 2.05 Bn 1.32 Bn -
8 Ellington Financial 1.67 Bn 1.39 Bn -
9 Two Harbors Investment 1.29 Bn 746.67 Mn -
10 Ready Capital - - -

Historic Data

Download Data
DateValue
Jun 30, 2024 98.99 Mn
Mar 31, 2024 97.07 Mn
Dec 31, 2023 98.46 Mn
Sep 30, 2023 99.30 Mn
Jun 30, 2023 99.96 Mn
Mar 31, 2023 100.20 Mn
Dec 31, 2022 99.15 Mn
Sep 30, 2022 101.88 Mn
Jun 30, 2022 102.61 Mn
Mar 31, 2022 107.29 Mn
Dec 31, 2021 4.49 Mn
Sep 30, 2021 19.13 Mn
Jun 30, 2021 18.86 Mn
Mar 31, 2021 19.06 Mn
Dec 31, 2020 18.81 Mn
Sep 30, 2020 18.90 Mn
Mar 31, 2020 17.63 Mn
Dec 31, 2019 19.37 Mn
Sep 30, 2019 19.26 Mn
Jun 30, 2019 19.38 Mn