Ready Capital (RC) Retained Earnings (2012 - 2024)
Ready Capital (RC) posted quarterly Retained Earnings of -$92.3 million for Q2 2024, down 103.99% year-over-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.
- In Q2 2024, Retained Earnings fell 103.99% year-over-year to -$92.3 million; the TTM figure through Jun 2024 stood at -$92.3 million (down 103.99% YoY), while the FY2023 annual figure was -$17.9 million, down 90.63% from the prior year.
- Retained Earnings for Q2 2024 stood at -$92.3 million, down from -$3.5 million in the prior quarter.
- The five-year high for Retained Earnings was $2.3 billion in Q2 2023, with the low 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.
- The sharpest annual moves came in 2020 and 2022: Retained Earnings plunged 446.44% in 2020, then jumped 24182.44% in 2022.
- Ready Capital's Retained Earnings stood at -$9.9 million in 2020, then soared by 42.36% to -$5.7 million in 2021, then plunged by 63.42% to -$9.4 million in 2022, then slumped by 90.63% to -$17.9 million in 2023, then tumbled by 416.9% to -$92.3 million in 2024.
- Business Quant data shows RC's Retained Earnings at -$92.3 million in Q2 2024, -$3.5 million in Q1 2024, and -$17.9 million in Q4 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 28.89 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 19.83 Bn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | -337.91 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | -567.20 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -2.19 Bn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 5.89 Bn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | -360.93 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 1.55 Bn |
| 10 | Ready Capital | 281.50 Mn | 281.50 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 | 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 |