Ready Capital (RC) Interest Coverage Ratio (2014 - 2026)

Ready Capital's (RC) quarterly Interest Coverage Ratio came in at 1.24 in Q1 2026, down 179.92% year-on-year from 1.55 in Q1 2025, and up 10.47% quarter-over-quarter from 1.38 in Q4 2025.

Ready Capital (RC) Interest Coverage Ratio (2014 - 2026) Analysis & Trends

Ready Capital's Interest Coverage Ratio history runs 13 years deep, the most recent figure standing at 1.24 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 179.92% year-over-year to 1.24 in Q1 2026; TTM through Mar 2026 was 0.27, a 158.42% decrease from a year earlier, with the FY2025 full-year figure at 0.41, up 59.27% from the prior year.
  • Interest Coverage Ratio rose to 1.24 in Q1 2026 per RC's latest filing, from 1.38 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 2.45 in Q2 2023 and bottomed at 1.7 in Q4 2024.
  • The 5-year median for Interest Coverage Ratio is 0.91 (2024), against an average of 0.76.
  • Across the five-year window, Interest Coverage Ratio tumbled 250.03% in 2024 and surged 265.11% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.73 in 2022, then jumped by 55.58% to 1.13 in 2023, then tumbled by 250.03% to 1.7 in 2024, then climbed by 18.5% to 1.38 in 2025, then advanced by 10.47% to 1.24 in 2026.
  • Per Business Quant, the three latest RC Interest Coverage Ratio figures stand at 1.24 (Q1 2026), 1.38 (Q4 2025), and 0.79 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.23
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 1.16
4 Rithm Capital 5.01 Bn 5.01 Bn - 1.35
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 0.98
6 Ellington Financial 1.63 Bn 1.51 Bn - 1.93
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 1.28
10 Ready Capital 243.87 Mn 243.87 Mn - -1.24

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.24
Dec 31, 2025 -1.38
Sep 30, 2025 0.79
Jun 30, 2025 0.35
Mar 31, 2025 1.55
Dec 31, 2024 -1.70
Sep 30, 2024 0.91
Jun 30, 2024 0.56
Mar 31, 2024 0.42
Dec 31, 2023 1.13
Sep 30, 2023 1.24
Jun 30, 2023 2.45
Mar 31, 2023 1.25
Dec 31, 2022 0.73
Sep 30, 2022 1.61
Jun 30, 2022 1.86
Mar 31, 2022 2.35
Dec 31, 2021 1.02
Sep 30, 2021 2.06
Jun 30, 2021 1.68