Ready Capital (RC) Payables (2012 - 2026)
Ready Capital (RC) recorded Payables of $165.62 million in Q2 2026, down 10.3% from $184.65 million a year earlier but up 2.7% from the prior quarter.
Ready Capital (RC) Payables (2012 - 2026) Analysis & Trends
At the end of FY2025, Ready Capital reported Payables of $171.64 million, down 8.7% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- Across earlier years, Payables came in at $188.05 million in FY2024 (-28.2%), $261.77 million in FY2023 (+30.4%), $200.79 million in FY2022 (-7.8%) and $217.76 million in FY2021 (+40.1%).
- Quarterly Payables has ranged from $161.2 million in Q1 2026 to $279.01 million in Q3 2024 over the past five years.
- On a year-over-year basis, Payables has declined for seven consecutive quarters, with an average decline of 16.8% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 49.5% in Q3 2021, against a decline of 40.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $161.2 million (Q1 2026), $171.64 million (Q4 2025) and $166.41 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 4.17 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 5.70 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 44.90 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 821.80 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 167.00 Mn |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - | 165.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.62 Mn |
| Mar 31, 2026 | 161.20 Mn |
| Dec 31, 2025 | 171.64 Mn |
| Sep 30, 2025 | 166.41 Mn |
| Jun 30, 2025 | 184.65 Mn |
| Mar 31, 2025 | 185.53 Mn |
| Dec 31, 2024 | 188.05 Mn |
| Sep 30, 2024 | 279.01 Mn |
| Jun 30, 2024 | 257.89 Mn |
| Mar 31, 2024 | 247.80 Mn |
| Dec 31, 2023 | 261.77 Mn |
| Sep 30, 2023 | 233.08 Mn |
| Jun 30, 2023 | 186.03 Mn |
| Mar 31, 2023 | 179.83 Mn |
| Dec 31, 2022 | 200.79 Mn |
| Sep 30, 2022 | 222.29 Mn |
| Jun 30, 2022 | 240.37 Mn |
| Mar 31, 2022 | 235.75 Mn |
| Dec 31, 2021 | 217.76 Mn |
| Sep 30, 2021 | 222.76 Mn |
Ready Capital Payables 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=payables&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();