Ready Capital (RC) Goodwill (2014 - 2024)
Ready Capital (RC) reported Goodwill of $49.09 million for Q2 2024, up 29.8% from $37.82 million a year earlier and up 27.4% from the prior quarter.
Analysis
Ready Capital (RC) Goodwill (2014 - 2024) Analysis & Trends
At the end of FY2023, Ready Capital posted Goodwill of $38.53 million, up 1.9% from FY2022.
- Goodwill has increased for three consecutive years, with a four-year compound annual growth rate of 36.2% (FY2019 to FY2023).
- By year, Goodwill came in at $37.82 million in FY2022 (+20.2%), $31.47 million in FY2021 (+180.8%), $11.21 million in FY2020 (unchanged) and $11.21 million in FY2019.
- The Q2 2024 figure ranks as the highest quarterly Goodwill in data going back to Q4 2014.
- Year over year, Goodwill has now increased in each of the last 12 quarters, with growth averaging 12.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Goodwill ran from 0.0% in Q4 2020 to 180.8% in Q4 2021.
- Per Business Quant data, the three quarters before Q2 2024 came in at $38.53 million (Q1 2024), $38.53 million (Q4 2023) and $37.82 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 49.09 Mn |
| Mar 31, 2024 | 38.53 Mn |
| Dec 31, 2023 | 38.53 Mn |
| Sep 30, 2023 | 37.82 Mn |
| Jun 30, 2023 | 37.82 Mn |
| Mar 31, 2023 | 37.82 Mn |
| Dec 31, 2022 | 37.82 Mn |
| Sep 30, 2022 | 37.56 Mn |
| Jun 30, 2022 | 34.17 Mn |
| Mar 31, 2022 | 32.70 Mn |
| Dec 31, 2021 | 31.47 Mn |
| Sep 30, 2021 | 31.39 Mn |
| Jun 30, 2021 | 18.58 Mn |
| Mar 31, 2021 | 17.82 Mn |
| Dec 31, 2020 | 11.21 Mn |
| Sep 30, 2020 | 11.21 Mn |
| Mar 31, 2020 | 11.21 Mn |
| Dec 31, 2019 | 11.21 Mn |
| Sep 30, 2016 | 14.18 Mn |
| Jun 30, 2016 | 14.18 Mn |
API Access
Ready Capital Goodwill 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=goodwill&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();