Ready Capital (RC) Enterprise Value (2012 - 2025)

Ready Capital's (RC) quarterly Enterprise Value came in at -$207.8 million in Q4 2025, down 44.53% year-on-year from -$374.7 million in Q4 2024, and down 40.9% quarter-over-quarter from -$147.5 million in Q3 2025.

Ready Capital (RC) Enterprise Value (2012 - 2025) Analysis & Trends

Ready Capital's Enterprise Value history runs 14 years deep, the most recent figure standing at -$207.8 million for Q4 2025.

  • On a quarterly basis, Enterprise Value fell 44.53% year-over-year to -$207.8 million in Q4 2025; TTM through Dec 2025 was -$207.8 million, a 44.53% decrease from a year earlier, with the FY2025 full-year figure at -$207.8 million, down 44.53% from the prior year.
  • Enterprise Value retreated to -$207.8 million in Q4 2025 per RC's latest filing, from -$147.5 million in the prior quarter.
  • Across five years, Enterprise Value topped out at $40.0 million in Q1 2023 and bottomed at -$289.4 million in Q1 2021.
  • The 5-year median for Enterprise Value is -$135.6 million (2024), against an average of -$127.3 million.
  • Biggest YoY gain for Enterprise Value was 138.46% in 2023; the steepest drop was 287.5% in 2023.
  • Year by year, Enterprise Value stood at -$188.5 million in 2021, then jumped by 74.24% to -$48.6 million in 2022, then grew by 17.49% to -$40.1 million in 2023, then slumped by 258.9% to -$143.8 million in 2024, then slumped by 44.53% to -$207.8 million in 2025.
  • Per Business Quant, the three latest RC Enterprise Value figures stand at -$207.8 million (Q4 2025), -$147.5 million (Q3 2025), and -$162.9 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -1.86 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -493.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - -50.01 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -546.06 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -125.37 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -516.50 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -83.68 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -283.84 Mn
10 Ready Capital 243.87 Mn 243.87 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -207.84 Mn
Sep 30, 2025 -147.51 Mn
Jun 30, 2025 -162.94 Mn
Mar 31, 2025 -205.92 Mn
Dec 31, 2024 -143.80 Mn
Sep 30, 2024 -181.32 Mn
Jun 30, 2024 -127.30 Mn
Mar 31, 2024 -68.94 Mn
Dec 31, 2023 -40.07 Mn
Sep 30, 2023 -66.43 Mn
Jun 30, 2023 -98.14 Mn
Mar 31, 2023 40.03 Mn
Dec 31, 2022 -48.56 Mn
Sep 30, 2022 -106.60 Mn
Jun 30, 2022 -25.33 Mn
Mar 31, 2022 -104.08 Mn
Dec 31, 2021 -188.48 Mn
Sep 30, 2021 -190.64 Mn
Jun 30, 2021 -181.87 Mn
Mar 31, 2021 -289.37 Mn