Rithm Capital (RITM-PD) Interest Expenses (2013 - 2024)

Rithm Capital (RITM-PD) recorded quarterly Interest Expenses of $2.1 million in Q1 2024, up 100.21% quarter-over-quarter from -$986.4 million in Q4 2023, and down 99.32% on a YoY basis from $309.1 million in Q2 2023.

Rithm Capital (RITM-PD) Interest Expenses (2013 - 2024) Analysis & Trends

Rithm Capital's Interest Expenses history runs 12 years deep, the most recent figure standing at $2.1 million for Q1 2024.

  • In Q1 2024, Interest Expenses fell 99.32% year-over-year to $2.1 million; the TTM figure through Dec 2024 stood at $2.1 million (down 93.9% YoY), while the FY2023 annual figure was $34.4 million, down 95.65% from the prior year.
  • Interest Expenses was $2.1 million for Q1 2024 at Rithm Capital, up from -$986.4 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $382.6 million in Q3 2023 to a low of -$986.4 million in Q4 2023.
  • Historically, Interest Expenses has averaged $112.3 million across 5 years, with a median of $138.8 million in 2022.
  • Biggest YoY gain for Interest Expenses was 122.62% in 2023; the steepest drop was 448.24% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $120.7 million in 2020, then climbed by 17.61% to $141.9 million in 2021, then jumped by 99.56% to $283.2 million in 2022, then slumped by 448.24% to -$986.4 million in 2023, then soared by 100.21% to $2.1 million in 2024.
  • The last three Interest Expenses figures came in at $2.1 million (Q1 2024), -$986.4 million (Q4 2023), and $382.6 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 1.27 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 731.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 328.91 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 220.74 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 178.14 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 88.25 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 95.16 Mn
10 Rithm Capital - - - -

Historic Data

Download Data
DateValue
Mar 31, 2024 2.10 Mn
Mar 31, 2024 2.10 Mn
Dec 31, 2023 -986.38 Mn
Dec 31, 2023 -986.38 Mn
Sep 30, 2023 382.55 Mn
Sep 30, 2023 382.55 Mn
Jun 30, 2023 329.16 Mn
Jun 30, 2023 329.16 Mn
Mar 31, 2023 309.07 Mn
Mar 31, 2023 309.07 Mn
Dec 31, 2022 283.25 Mn
Dec 31, 2022 283.25 Mn
Sep 30, 2022 218.09 Mn
Sep 30, 2022 218.09 Mn
Jun 30, 2022 150.83 Mn
Jun 30, 2022 150.83 Mn
Mar 31, 2022 138.83 Mn
Mar 31, 2022 138.83 Mn
Dec 31, 2021 141.94 Mn
Dec 31, 2021 141.94 Mn