Ready Capital (RC) Enterprise Value (2013 - 2026)
Ready Capital's Enterprise Value was $139.09 million in Q3 2026, down 76.0% from $579.33 million a year earlier and down 48.0% from the prior quarter.
Ready Capital (RC) Enterprise Value (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ready Capital's Enterprise Value was -$393.33 million through Sep 30, 2026; for FY2025, it was $246.76 million, down 76.7% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of -15.0% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $1.06 billion in FY2024 (-38.4%), $1.72 billion in FY2023 (+46.0%), $1.18 billion in FY2022 (+18.3%) and $996.87 million in FY2021 (+79.1%).
- The Q3 2026 figure marks the lowest quarterly Enterprise Value since Q2 2020.
- Compared with a year earlier, Enterprise Value has declined for ten straight quarters, with an average decline of 59.5% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q1 2022 (growth of 145.7%); the worst was Q1 2026 (a decline of 78.1%).
- Per Business Quant data, RC's Enterprise Value in the three quarters before Q3 2026 was $267.64 million (Q2 2026), $168.1 million (Q1 2026) and $246.76 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 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 | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 139.09 Mn |
| Jun 30, 2026 | 267.64 Mn |
| Mar 31, 2026 | 168.10 Mn |
| Dec 31, 2025 | 246.76 Mn |
| Sep 30, 2025 | 579.33 Mn |
| Jun 30, 2025 | 649.07 Mn |
| Mar 31, 2025 | 768.79 Mn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 1.67 Bn |
| Jun 30, 2023 | 1.38 Bn |
| Mar 31, 2023 | 1.16 Bn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 884.66 Mn |
| Jun 30, 2022 | 1.34 Bn |
| Mar 31, 2022 | 1.16 Bn |
| Dec 31, 2021 | 996.87 Mn |
Ready Capital Enterprise Value 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=enterprise-value&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();