Ready Capital RC
NYSE RC
$1.71 -0.04 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

Ready Capital (RC) Non Operating Interest Expenses (2012 - 2024)

Ready Capital (RC) posted Non Operating Interest Expenses of $17.8 million for Q2 2024, down 90.33% on a QoQ basis from $183.8 million in Q1 2024, and up 278.9% year-over-year from $4.7 million in Q3 2023.

Analysis

Ready Capital (RC) Non Operating Interest Expenses (2012 - 2024) Analysis & Trends

Ready Capital has reported Non Operating Interest Expenses for 13 years, with the latest figure at $17.8 million in Q2 2024.

  • On a quarterly basis, Non Operating Interest Expenses rose 278.9% year-over-year to $17.8 million in Q2 2024; TTM through Jun 2024 was $585.1 million, a 41.31% increase from a year earlier, with the FY2023 full-year figure at $716.5 million, up 82.6% from the prior year.
  • Non Operating Interest Expenses was $17.8 million for Q2 2024 at Ready Capital, down from $183.8 million in the prior quarter.
  • The five-year high for Non Operating Interest Expenses was $191.9 million in Q4 2023, with the low at $4.7 million in Q2 2023.
  • Average Non Operating Interest Expenses over 5 years is $84.5 million, with a median of $53.1 million recorded in 2021.
  • The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses plunged 94.19% in 2023, then jumped 278.9% in 2024.
  • Over 5 years, Non Operating Interest Expenses stood at $41.3 million in 2020, then gained by 16.3% to $48.1 million in 2021, then jumped by 180.97% to $135.0 million in 2022, then surged by 42.15% to $191.9 million in 2023, then tumbled by 90.74% to $17.8 million in 2024.
  • The last three Non Operating Interest Expenses figures came in at $17.8 million (Q2 2024), $183.8 million (Q1 2024), and $191.9 million (Q4 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 1.32 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - 464.11 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 98.55 Mn
10 Ready Capital 282.34 Mn 282.34 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 17.78 Mn
Mar 31, 2024 183.81 Mn
Dec 31, 2023 191.93 Mn
Sep 30, 2023 191.61 Mn
Jun 30, 2023 4.69 Mn
Mar 31, 2023 158.87 Mn
Dec 31, 2022 135.02 Mn
Sep 30, 2022 115.50 Mn
Jun 30, 2022 80.83 Mn
Mar 31, 2022 61.02 Mn
Dec 31, 2021 48.06 Mn
Sep 30, 2021 50.14 Mn
Jun 30, 2021 55.42 Mn
Mar 31, 2021 50.76 Mn
Dec 31, 2020 41.32 Mn
Sep 30, 2020 43.82 Mn
Jun 30, 2020 43.41 Mn
Mar 31, 2020 46.93 Mn
Dec 31, 2019 40.96 Mn
Sep 30, 2019 39.39 Mn