Ready Capital (RC) Non-Current Debt (2012 - 2026)
Ready Capital (RC) posted Non-Current Debt of $1.9 billion for Q2 2026, down 19.16% on a QoQ basis from $2.3 billion in Q1 2026, and down 46.48% year-over-year from $3.5 billion in Q2 2025.
Analysis
Ready Capital (RC) Non-Current Debt (2012 - 2026) Analysis & Trends
Ready Capital has reported Non-Current Debt for 15 years, with the latest figure at $1.9 billion in Q2 2026.
- On a quarterly basis, Non-Current Debt fell 46.48% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 46.48% decrease from a year earlier, with the FY2025 full-year figure at $2.8 billion, down 22.11% from the prior year.
- Non-Current Debt was $1.9 billion for Q2 2026 at Ready Capital, down from $2.3 billion in the prior quarter.
- The five-year high for Non-Current Debt was $4.0 billion in Q3 2024, with the low at $342.5 million in Q1 2022.
- Average Non-Current Debt over 5 years is $2.0 billion, with a median of $2.3 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Non-Current Debt plunged 83.41% in 2022, then jumped 599.53% in 2023.
- Over 5 years, Non-Current Debt stood at $343.4 million in 2022, then surged by 512.22% to $2.1 billion in 2023, then surged by 70.33% to $3.6 billion in 2024, then retreated by 22.11% to $2.8 billion in 2025, then plunged by 32.71% to $1.9 billion in 2026.
- The last three Non-Current Debt figures came in at $1.9 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 34.37 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 89.81 Bn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 14.00 Bn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 22.64 Bn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 111.35 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 1.22 Bn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 19.44 Bn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 654.96 Mn |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - | 1.88 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.88 Bn |
| Mar 31, 2026 | 2.32 Bn |
| Dec 31, 2025 | 2.79 Bn |
| Sep 30, 2025 | 2.88 Bn |
| Jun 30, 2025 | 3.51 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 3.58 Bn |
| Sep 30, 2024 | 3.96 Bn |
| Jun 30, 2024 | 2.31 Bn |
| Mar 31, 2024 | 2.20 Bn |
| Dec 31, 2023 | 2.10 Bn |
| Sep 30, 2023 | 2.39 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 343.80 Mn |
| Dec 31, 2022 | 343.36 Mn |
| Sep 30, 2022 | 342.91 Mn |
| Jun 30, 2022 | 342.47 Mn |
| Mar 31, 2022 | 342.45 Mn |
| Dec 31, 2021 | 342.04 Mn |
| Sep 30, 2021 | 179.91 Mn |