Ready Capital (RC) Cash from Operations (2012 - 2026)
Ready Capital (RC) posted Cash from Operations of -$25.1 million for Q3 2026, compared with $434.68 million a year earlier.
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Analysis
Ready Capital (RC) Cash from Operations (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cash from Operations at Ready Capital was $629.44 million, up 35.4% year-over-year; for FY2025, it came in at $455.9 million, up 59.2% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of 45.9% (FY2020 to FY2025).
- In prior years, Ready Capital's Cash from Operations was $286.4 million in FY2024 (+385.5%), $59 million in FY2023 (-83.6%), $359.15 million in FY2022 and -$89.9 million in FY2021.
- The Q3 2026 figure stands as the lowest quarterly Cash from Operations since Q2 2025.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q3 2024, with growth of 646.7%; the weakest was Q3 2023, with a decline of 49.3%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $75.11 million (Q2 2026), $590.19 million (Q1 2026) and -$10.76 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 686.08 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 1.91 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 876.00 Mn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 2.50 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 207.08 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 344.40 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 1.05 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 2.86 Bn |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - | -25.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -25.10 Mn |
| Jun 30, 2026 | 75.11 Mn |
| Mar 31, 2026 | 590.19 Mn |
| Dec 31, 2025 | -10.76 Mn |
| Sep 30, 2025 | 434.68 Mn |
| Jun 30, 2025 | -76.48 Mn |
| Mar 31, 2025 | 108.47 Mn |
| Dec 31, 2024 | -1.88 Mn |
| Sep 30, 2024 | 238.22 Mn |
| Jun 30, 2024 | 26.61 Mn |
| Mar 31, 2024 | 23.45 Mn |
| Dec 31, 2023 | -21.79 Mn |
| Sep 30, 2023 | 31.91 Mn |
| Jun 30, 2023 | 50.01 Mn |
| Mar 31, 2023 | -1.14 Mn |
| Dec 31, 2022 | 216.99 Mn |
| Sep 30, 2022 | 62.97 Mn |
| Jun 30, 2022 | 64.44 Mn |
| Mar 31, 2022 | 14.74 Mn |
| Dec 31, 2021 | -9.33 Mn |
API Access
Ready Capital Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "RC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();