Rithm Capital (RITM-PD) Cost of Revenue (2013 - 2020)
Rithm Capital (RITM-PD) recorded quarterly Cost of Revenue of $7.1 million in Q2 2020, down 8.96% quarter-over-quarter from $7.9 million in Q1 2020, and down 23.72% on a YoY basis from $9.4 million in Q3 2019.
Rithm Capital (RITM-PD) Cost of Revenue (2013 - 2020) Analysis & Trends
Rithm Capital's Cost of Revenue history runs 8 years deep, the most recent figure standing at $7.1 million for Q2 2020.
- In Q2 2020, Cost of Revenue fell 23.72% year-over-year to $7.1 million; the TTM figure through Jun 2020 stood at $27.8 million (down 30.54% YoY), while the FY2019 annual figure was $31.7 million, down 27.12% from the prior year.
- Cost of Revenue was $7.1 million for Q2 2020 at Rithm Capital, down from $7.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $14.2 million in Q3 2016 to a low of $1.7 million in Q1 2016.
- Historically, Cost of Revenue has averaged $10.4 million across 5 years, with a median of $11.0 million in 2018.
- Biggest YoY gain for Cost of Revenue was 750.54% in 2016; the steepest drop was 64.61% in 2016.
- A 5-year view of Cost of Revenue shows it stood at $14.0 million in 2016, then declined by 12.19% to $12.3 million in 2017, then decreased by 18.95% to $9.9 million in 2018, then slumped by 43.95% to $5.6 million in 2019, then grew by 28.35% to $7.1 million in 2020.
- The last three Cost of Revenue figures came in at $7.1 million (Q2 2020), $7.9 million (Q1 2020), and $5.6 million (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (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 | - | 22.75 Mn |
| 10 | Rithm Capital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 7.15 Mn |
| Jun 30, 2020 | 7.15 Mn |
| Mar 31, 2020 | 7.85 Mn |
| Mar 31, 2020 | 7.85 Mn |
| Dec 31, 2019 | 5.57 Mn |
| Dec 31, 2019 | 5.57 Mn |
| Sep 30, 2019 | 7.19 Mn |
| Sep 30, 2019 | 7.19 Mn |
| Jun 30, 2019 | 9.37 Mn |
| Jun 30, 2019 | 9.37 Mn |
| Mar 31, 2019 | 9.60 Mn |
| Mar 31, 2019 | 9.60 Mn |
| Dec 31, 2018 | 9.94 Mn |
| Dec 31, 2018 | 9.94 Mn |
| Sep 30, 2018 | 11.06 Mn |
| Sep 30, 2018 | 11.06 Mn |
| Jun 30, 2018 | 11.04 Mn |
| Jun 30, 2018 | 11.04 Mn |
| Mar 31, 2018 | 11.51 Mn |
| Mar 31, 2018 | 11.51 Mn |