Ready Capital (RC) Retained Earnings (2012 - 2024)
Ready Capital (RC) recorded quarterly Retained Earnings of -$92.3 million in Q2 2024, down 2503.47% quarter-over-quarter from -$3.5 million in Q1 2024, and down 894.71% on a YoY basis from $11.6 million in Q3 2023.
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.
- In Q2 2024, Retained Earnings fell 894.71% year-over-year to -$92.3 million; the TTM figure through Jun 2024 stood at -$92.3 million (down 894.71% YoY), while the FY2023 annual figure was -$17.9 million, down 90.63% from the prior year.
- Retained Earnings was -$92.3 million for Q2 2024 at Ready Capital, down from -$3.5 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$2.8 million in Q2 2022 to a low of -$92.3 million in Q2 2024.
- Historically, Retained Earnings has averaged -$13.8 million across 5 years, with a median of -$7.0 million in 2021.
- The sharpest annual moves came in 2021 and 2024: Retained Earnings surged 80.25% in 2021, then sank 894.71% in 2024.
- A 5-year view of Retained Earnings shows it stood at -$9.9 million in 2020, then jumped by 42.36% to -$5.7 million in 2021, then sank by 63.42% to -$9.4 million in 2022, then tumbled by 90.63% to -$17.9 million in 2023, then plunged by 416.9% to -$92.3 million in 2024.
- The last three Retained Earnings figures came in at -$92.3 million (Q2 2024), -$3.5 million (Q1 2024), and -$17.9 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -13.43 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -331.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 10.88 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 7.90 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -127.21 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -573.02 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -366.11 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.23 Bn |
| 10 | Ready Capital | 279.88 Mn | 279.88 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -92.32 Mn |
| Mar 31, 2024 | -3.55 Mn |
| Dec 31, 2023 | -17.86 Mn |
| Sep 30, 2023 | -5.93 Mn |
| Jun 30, 2023 | -9.28 Mn |
| Mar 31, 2023 | -6.53 Mn |
| Dec 31, 2022 | -9.37 Mn |
| Sep 30, 2022 | -4.51 Mn |
| Jun 30, 2022 | -2.82 Mn |
| Mar 31, 2022 | -4.70 Mn |
| Dec 31, 2021 | -5.73 Mn |
| Sep 30, 2021 | -6.28 Mn |
| Jun 30, 2021 | -7.16 Mn |
| Mar 31, 2021 | -7.04 Mn |
| Dec 31, 2020 | -9.95 Mn |
| Sep 30, 2020 | -31.78 Mn |
| Mar 31, 2020 | -9.54 Mn |
| Dec 31, 2019 | 8.75 Mn |
| Sep 30, 2019 | 9.17 Mn |
| Jun 30, 2019 | -7.70 Mn |