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
DateValue
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