Ready Capital (RC) Minority Interest (2012 - 2024)
Ready Capital's (RC) quarterly Minority Interest came in at $99.0 million in Q2 2024, down 0.98% year-on-year from $100.0 million in Q3 2023, and up 1.98% quarter-over-quarter from $97.1 million in Q1 2024.
Ready Capital (RC) Minority Interest (2012 - 2024) Analysis & Trends
Ready Capital's Minority Interest history runs 13 years deep, the most recent figure standing at $99.0 million for Q2 2024.
- On a quarterly basis, Minority Interest fell 0.98% year-over-year to $99.0 million in Q2 2024; TTM through Jun 2024 was $99.0 million, a 0.98% decrease from a year earlier, with the FY2023 full-year figure at $98.5 million, down 0.69% from the prior year.
- Minority Interest rose to $99.0 million in Q2 2024 per RC's latest filing, from $97.1 million in the prior quarter.
- Across five years, Minority Interest topped out at $107.3 million in Q1 2022 and bottomed at $4.5 million in Q4 2021.
- The 5-year median for Minority Interest is $98.5 million (2023), against an average of $66.0 million.
- Across the five-year window, Minority Interest tumbled 76.11% in 2021 and surged 2106.19% in 2022, its largest moves.
- Year by year, Minority Interest stood at $18.8 million in 2020, then tumbled by 76.11% to $4.5 million in 2021, then jumped by 2106.19% to $99.1 million in 2022, then decreased by 0.69% to $98.5 million in 2023, then rose by 0.53% to $99.0 million in 2024.
- Per Business Quant, the three latest RC Minority Interest figures stand at $99.0 million (Q2 2024), $97.1 million (Q1 2024), and $98.5 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 10 | Ready Capital | 243.87 Mn | 243.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 98.99 Mn |
| Mar 31, 2024 | 97.07 Mn |
| Dec 31, 2023 | 98.46 Mn |
| Sep 30, 2023 | 99.30 Mn |
| Jun 30, 2023 | 99.96 Mn |
| Mar 31, 2023 | 100.20 Mn |
| Dec 31, 2022 | 99.15 Mn |
| Sep 30, 2022 | 101.88 Mn |
| Jun 30, 2022 | 102.61 Mn |
| Mar 31, 2022 | 107.29 Mn |
| Dec 31, 2021 | 4.49 Mn |
| Sep 30, 2021 | 19.13 Mn |
| Jun 30, 2021 | 18.86 Mn |
| Mar 31, 2021 | 19.06 Mn |
| Dec 31, 2020 | 18.81 Mn |
| Sep 30, 2020 | 18.90 Mn |
| Mar 31, 2020 | 17.63 Mn |
| Dec 31, 2019 | 19.37 Mn |
| Sep 30, 2019 | 19.26 Mn |
| Jun 30, 2019 | 19.38 Mn |