Ready Capital (RC) Total Debt (2013 - 2026)
Ready Capital (RC) recorded Total Debt of $603.03 million in Q3 2026, down 17.5% from $731.08 million a year earlier and down 17.3% from the prior quarter.
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Analysis
Ready Capital (RC) Total Debt (2013 - 2026) Analysis & Trends
At the end of FY2025, Ready Capital reported Total Debt of $725.86 million, down 18.9% from FY2024.
- Annual Total Debt has declined for three straight years, with a five-year compound annual growth rate of -10.9% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $895.27 million in FY2024 (-63.4%), $2.45 billion in FY2023 (-18.6%), $3.01 billion in FY2022 (+779.2%) and $342.04 million in FY2021 (-73.6%).
- The Q3 2026 figure is the lowest quarterly Total Debt since Q3 2024.
- On a year-over-year basis, Total Debt has declined for four consecutive quarters, with an average decline of 21.8% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 779.2% in Q4 2022, against a decline of 83.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $729.32 million (Q2 2026), $736.01 million (Q1 2026) and $725.86 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 8.59 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.62 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 38.77 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,169.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 8.11 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 2.90 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 146.15 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 13.04 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 38.38 Bn |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - | 603.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 603.03 Mn |
| Jun 30, 2026 | 729.32 Mn |
| Mar 31, 2026 | 736.01 Mn |
| Dec 31, 2025 | 725.86 Mn |
| Sep 30, 2025 | 731.08 Mn |
| Jun 30, 2025 | 730.68 Mn |
| Mar 31, 2025 | 817.16 Mn |
| Dec 31, 2024 | 895.27 Mn |
| Sep 30, 2024 | 437.69 Mn |
| Jun 30, 2024 | 2.31 Bn |
| Mar 31, 2024 | 2.20 Bn |
| Dec 31, 2023 | 2.45 Bn |
| Sep 30, 2023 | 2.39 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.83 Bn |
| Dec 31, 2022 | 3.01 Bn |
| Sep 30, 2022 | 2.13 Bn |
| Jun 30, 2022 | 342.47 Mn |
| Mar 31, 2022 | 342.45 Mn |
| Dec 31, 2021 | 342.04 Mn |
API Access
Ready Capital Total Debt 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=total-debt&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();