Ready Capital (RC) Retained Earnings (2012 - 2024)

Ready Capital's (RC) quarterly Retained Earnings came in at -$92.3 million in Q2 2024, down 103.99% year-on-year from $2.3 billion in Q3 2023, and down 2503.47% quarter-over-quarter from -$3.5 million in Q1 2024.

Ready Capital (RC) Retained Earnings (2012 - 2024) Analysis & Trends

Ready Capital's Retained Earnings history runs 13 years deep, the most recent figure standing at -$92.3 million for Q2 2024.

  • On a quarterly basis, Retained Earnings fell 103.99% year-over-year to -$92.3 million in Q2 2024; TTM through Jun 2024 was -$92.3 million, a 103.99% decrease from a year earlier, with the FY2023 full-year figure at -$17.9 million, down 90.63% from the prior year.
  • Retained Earnings fell to -$92.3 million in Q2 2024 per RC's latest filing, from -$3.5 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $2.3 billion in Q2 2023 and bottomed at -$92.3 million in Q2 2024.
  • The 5-year median for Retained Earnings is -$5.7 million (2021), against an average of $451.1 million.
  • Across the five-year window, Retained Earnings sank 446.44% in 2020 and jumped 24182.44% in 2022, its largest moves.
  • Year by year, Retained Earnings stood at -$9.9 million in 2020, then jumped by 42.36% to -$5.7 million in 2021, then tumbled by 63.42% to -$9.4 million in 2022, then sank by 90.63% to -$17.9 million in 2023, then slumped by 416.9% to -$92.3 million in 2024.
  • Per Business Quant, the three latest RC Retained Earnings figures stand at -$92.3 million (Q2 2024), -$3.5 million (Q1 2024), and -$17.9 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 28.43 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 19.66 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 10.88 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 7.90 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -366.11 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -127.21 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 5.89 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -44.28 Mn
10 Ready Capital 243.87 Mn 243.87 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -92.32 Mn
Mar 31, 2024 -3.55 Mn
Dec 31, 2023 -17.86 Mn
Sep 30, 2023 168.54 Mn
Jun 30, 2023 2.31 Bn
Mar 31, 2023 -6.53 Mn
Dec 31, 2022 -9.37 Mn
Sep 30, 2022 1.72 Bn
Jun 30, 2022 1.72 Bn
Mar 31, 2022 -4.70 Mn
Dec 31, 2021 -5.73 Mn
Sep 30, 2021 1.12 Bn
Jun 30, 2021 -7.16 Mn
Mar 31, 2021 -20.03 Mn
Dec 31, 2020 -9.95 Mn
Sep 30, 2020 -31.78 Mn
Mar 31, 2020 837.06 Mn
Dec 31, 2019 -6.18 Mn
Sep 30, 2019 9.17 Mn
Jun 30, 2019 14.91 Mn