Ready Capital (RC) Interest Expenses (2012 - 2026)
Ready Capital's Interest Expenses was $82.85 million in Q2 2026, down 39.0% from $135.84 million a year earlier and down 14.4% from the prior quarter.
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Analysis
Ready Capital (RC) Interest Expenses (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ready Capital's Interest Expenses was $417.51 million through Jun 30, 2026, down 31.1% year-over-year; for FY2025, it came in at $514.13 million, down 26.2% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $696.46 million in FY2024 (-2.8%), $716.47 million in FY2023 (+82.6%), $392.36 million in FY2022 (+79.8%) and $218.27 million in FY2021 (+12.6%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q1 2022.
- Compared with a year earlier, Interest Expenses has declined for eight straight quarters, with an average decline of 25.6% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2022 (growth of 171.8%); the worst was Q2 2026 (a decline of 39.0%).
- Per Business Quant data, RC's Interest Expenses in the three quarters before Q2 2026 was $96.83 million (Q1 2026), $110.85 million (Q4 2025) and $126.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 374.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 214.00 Mn |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - | 82.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.85 Mn |
| Mar 31, 2026 | 96.83 Mn |
| Dec 31, 2025 | 110.85 Mn |
| Sep 30, 2025 | 126.97 Mn |
| Jun 30, 2025 | 135.84 Mn |
| Mar 31, 2025 | 140.47 Mn |
| Dec 31, 2024 | 153.91 Mn |
| Sep 30, 2024 | 175.57 Mn |
| Jun 30, 2024 | 183.17 Mn |
| Mar 31, 2024 | 183.81 Mn |
| Dec 31, 2023 | 197.59 Mn |
| Sep 30, 2023 | 189.79 Mn |
| Jun 30, 2023 | 170.22 Mn |
| Mar 31, 2023 | 163.74 Mn |
| Dec 31, 2022 | 139.60 Mn |
| Sep 30, 2022 | 119.29 Mn |
| Jun 30, 2022 | 84.01 Mn |
| Mar 31, 2022 | 64.10 Mn |
| Dec 31, 2021 | 51.36 Mn |
| Sep 30, 2021 | 53.61 Mn |
API Access
Ready Capital Interest Expenses 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=interest-expenses&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();