Ready Capital (RC) Minority Interest (2012 - 2024)
Ready Capital's Minority Interest came in at $98.99 million for Q2 2024, down 1.0% from $99.96 million a year earlier but up 2.0% from the prior quarter.
Ready Capital (RC) Minority Interest (2012 - 2024) Analysis & Trends
At the end of FY2023, Ready Capital's Minority Interest was $98.46 million, down 0.7% from FY2022.
- Minority Interest carries a five-year compound annual growth rate of 38.6% (FY2018 to FY2023).
- Going back by year, Minority Interest was $99.15 million in FY2022, $4.49 million in FY2021 (-76.1%), $18.81 million in FY2020 (-2.9%) and $19.37 million in FY2019 (+0.7%).
- The five-year range for quarterly Minority Interest is $4.49 million (Q4 2021) to $107.29 million (Q1 2022).
- Year-over-year, Minority Interest has declined for six consecutive quarters, with growth averaging 59.5% over the last seven quarters.
- The fastest year-over-year change in Minority Interest over five years came in Q1 2022 (growth of 462.9%), and the weakest in Q4 2021 (a decline of 76.1%).
- Business Quant data shows RC's Minority Interest at $97.07 million (Q1 2024), $98.46 million (Q4 2023) and $99.3 million (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - |
Historic 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 |
Ready Capital Minority Interest 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=minority-interest&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();