Ready Capital (RC) Interest Expenses (2012 - 2026)
Ready Capital's (RC) quarterly Interest Expenses came in at $96.8 million in Q1 2026, down 31.06% year-on-year from $140.5 million in Q1 2025, and down 12.64% quarter-over-quarter from $110.9 million in Q4 2025.
Ready Capital (RC) Interest Expenses (2012 - 2026) Analysis & Trends
Ready Capital's Interest Expenses history runs 15 years deep, the most recent figure standing at $96.8 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 31.06% year-over-year to $96.8 million in Q1 2026; TTM through Mar 2026 was $470.5 million, a 23.61% decrease from a year earlier, with the FY2025 full-year figure at $514.1 million, down 26.18% from the prior year.
- Interest Expenses retreated to $96.8 million in Q1 2026 per RC's latest filing, from $110.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $197.6 million in Q4 2023 and bottomed at $61.0 million in Q1 2022.
- The 5-year median for Interest Expenses is $140.5 million (2025), against an average of $142.2 million.
- Across the five-year window, Interest Expenses surged 160.37% in 2023 and slumped 40.93% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $173.7 million in 2022, then increased by 13.73% to $197.6 million in 2023, then slumped by 40.93% to $116.7 million in 2024, then dropped by 5.03% to $110.9 million in 2025, then dropped by 12.64% to $96.8 million in 2026.
- Per Business Quant, the three latest RC Interest Expenses figures stand at $96.8 million (Q1 2026), $110.9 million (Q4 2025), and $127.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 444.66 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 220.74 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 97.38 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 178.14 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 285.73 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 131.16 Mn |
| 10 | Ready Capital | 243.87 Mn | 243.87 Mn | - | 96.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.83 Mn |
| Mar 31, 2026 | 96.83 Mn |
| Dec 31, 2025 | 110.85 Mn |
| Dec 31, 2025 | 110.85 Mn |
| Sep 30, 2025 | 126.97 Mn |
| Sep 30, 2025 | 126.97 Mn |
| Jun 30, 2025 | 135.84 Mn |
| Jun 30, 2025 | 135.84 Mn |
| Mar 31, 2025 | 140.47 Mn |
| Mar 31, 2025 | 140.47 Mn |
| Dec 31, 2024 | 116.72 Mn |
| Dec 31, 2024 | 116.72 Mn |
| Sep 30, 2024 | 175.57 Mn |
| Sep 30, 2024 | 175.57 Mn |
| Jun 30, 2024 | 183.17 Mn |
| Jun 30, 2024 | 183.17 Mn |
| Mar 31, 2024 | 183.81 Mn |
| Mar 31, 2024 | 183.81 Mn |
| Dec 31, 2023 | 197.59 Mn |
| Dec 31, 2023 | 197.59 Mn |