Ready Capital (RC) Interest Expense - Debt (2013 - 2026)
Ready Capital's (RC) quarterly Interest Expense - Debt came in at $47.9 million in Q1 2026, up 16.37% year-on-year from $41.1 million in Q1 2025, and down 11.08% quarter-over-quarter from $53.8 million in Q4 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.
- On a quarterly basis, Interest Expense - Debt rose 16.37% year-over-year to $47.9 million in Q1 2026; TTM through Mar 2026 was $220.0 million, a 15.45% increase from a year earlier, with the FY2025 full-year figure at $213.2 million, up 8.22% from the prior year.
- Interest Expense - Debt slipped to $47.9 million in Q1 2026 per RC's latest filing, from $53.8 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $64.0 million in Q3 2025 and bottomed at $19.6 million in Q1 2022.
- The 5-year median for Interest Expense - Debt is $47.6 million (2024), against an average of $46.0 million.
- Across the five-year window, Interest Expense - Debt jumped 448.8% in 2022 and retreated 14.54% in 2024, its largest moves.
- Year by year, Interest Expense - Debt 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.
- Per Business Quant, the three latest RC Interest Expense - Debt figures stand at $47.9 million (Q1 2026), $53.8 million (Q4 2025), and $64.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 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 | - | 109,000.00 |
| 10 | Ready Capital | 243.87 Mn | 243.87 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 | 49.69 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 |