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| Date | Value |
|---|---|
| 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 |