Rithm Capital (RITM-PB) Return on Capital Employed (2019 - 2024)
Rithm Capital (RITM-PB) recorded quarterly Return on Capital Employed of 1.8% in Q1 2024, down 12.63% quarter-over-quarter from 2.06% in Q4 2023, and down 230.0% on a YoY basis from 1.38% in Q2 2023.
Rithm Capital (RITM-PB) Return on Capital Employed (2019 - 2024) Analysis & Trends
Rithm Capital's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 1.8% for Q1 2024.
- In Q1 2024, Return on Capital Employed fell 230.0% year-over-year to 1.8%; the TTM figure through Mar 2024 stood at 1.8% (down 230.0% YoY), while the FY2023 annual figure was 2.12%, down 341.0% from the prior year.
- Return on Capital Employed was 1.8% for Q1 2024 at Rithm Capital, down from 2.06% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 6.0% in Q3 2023 to a low of 1.03% in Q2 2020.
- Historically, Return on Capital Employed has averaged 3.7% across 5 years, with a median of 3.72% in 2021.
- The sharpest annual moves came in 2021 and 2023: Return on Capital Employed soared 281 bps in 2021, then sank 366 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 1.25% in 2020, then surged by 188 bps to 3.59% in 2021, then soared by 59 bps to 5.72% in 2022, then sank by 64 bps to 2.06% in 2023, then slipped by 13 bps to 1.8% in 2024.
- The last three Return on Capital Employed figures came in at 1.8% (Q1 2024), 2.06% (Q4 2023), and 6.0% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Rithm Capital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.80% |
| Dec 31, 2023 | 2.06% |
| Sep 30, 2023 | 6.00% |
| Jun 30, 2023 | 5.49% |
| Mar 31, 2023 | 4.10% |
| Dec 31, 2022 | 5.72% |
| Sep 30, 2022 | 5.54% |
| Jun 30, 2022 | 5.20% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | 3.59% |
| Sep 30, 2021 | 3.52% |
| Jun 30, 2021 | 3.85% |
| Mar 31, 2021 | 3.36% |
| Dec 31, 2020 | 1.25% |
| Sep 30, 2020 | 1.69% |
| Jun 30, 2020 | 1.03% |
| Dec 31, 2019 | 2.04% |