Ready Capital (RC) Interest Expense - Debt (2013 - 2026)
Ready Capital (RC) recorded quarterly Interest Expense - Debt of $47.9 million in Q1 2026, down 11.08% quarter-over-quarter from $53.8 million in Q4 2025, and up 16.37% on a YoY basis from $41.1 million in Q1 2025.
Ready Capital (RC) Interest Expense - Debt (2013 - 2026) Analysis & Trends
Ready Capital's Interest Expense - Debt history runs 12 years deep, the most recent figure standing at $47.9 million for Q1 2026.
- In Q1 2026, Interest Expense - Debt rose 16.37% year-over-year to $47.9 million; the TTM figure through Mar 2026 stood at $220.0 million (up 15.45% YoY), while the FY2025 annual figure was $213.2 million, up 8.22% from the prior year.
- Interest Expense - Debt was $47.9 million for Q1 2026 at Ready Capital, down from $53.8 million in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $64.0 million in Q3 2025 to a low of $19.6 million in Q1 2022.
- Historically, Interest Expense - Debt has averaged $45.9 million across 5 years, with a median of $47.6 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Interest Expense - Debt surged 448.8% in 2022, then declined 14.54% in 2024.
- A 5-year view of Interest Expense - Debt shows it stood at $37.5 million in 2022, then soared by 44.16% to $54.1 million in 2023, then fell by 14.54% to $46.2 million in 2024, then rose by 16.51% to $53.8 million in 2025, then slipped by 11.08% to $47.9 million in 2026.
- The last three Interest Expense - Debt figures came in at $47.9 million (Q1 2026), $53.8 million (Q4 2025), and $64.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 832.95 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 109,000.00 |
| 10 | Ready Capital | 279.88 Mn | 279.88 Mn | - | 47.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.86 Mn |
| Dec 31, 2025 | 53.82 Mn |
| Sep 30, 2025 | 64.01 Mn |
| Jun 30, 2025 | 54.29 Mn |
| Mar 31, 2025 | 41.12 Mn |
| Dec 31, 2024 | 46.19 Mn |
| Sep 30, 2024 | 51.71 Mn |
| Jun 30, 2024 | 51.50 Mn |
| Mar 31, 2024 | 47.64 Mn |
| Dec 31, 2023 | 54.05 Mn |
| Sep 30, 2023 | 47.87 Mn |
| Jun 30, 2023 | 47.28 Mn |
| Mar 31, 2023 | 45.22 Mn |
| Dec 31, 2022 | 37.49 Mn |
| Sep 30, 2022 | 42.12 Mn |
| Jun 30, 2022 | 28.15 Mn |
| Mar 31, 2022 | 19.62 Mn |
| Dec 31, 2021 | 6.83 Mn |
| Sep 30, 2021 | 14.05 Mn |
| Jun 30, 2021 | 18.07 Mn |