Rithm Capital (RITM-PF) Retained Earnings (2012 - 2023)
Rithm Capital (RITM-PF) recorded quarterly Retained Earnings of -$373.1 million in Q4 2023, down 1056.55% quarter-over-quarter from $39.0 million in Q3 2023, and down 1091.05% on a YoY basis from $37.7 million in Q4 2022.
Rithm Capital (RITM-PF) Retained Earnings (2012 - 2023) Analysis & Trends
Rithm Capital's Retained Earnings history runs 12 years deep, the most recent figure standing at -$373.1 million for Q4 2023.
- In Q4 2023, Retained Earnings fell 1091.05% year-over-year to -$373.1 million; the TTM figure through Dec 2023 stood at -$373.1 million (down 1091.05% YoY), while the FY2023 annual figure was -$373.1 million, down 1091.05% from the prior year.
- Retained Earnings was -$373.1 million for Q4 2023 at Rithm Capital, down from $39.0 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $686.7 million in Q2 2019 to a low of -$1.1 billion in Q4 2020.
- Historically, Retained Earnings has averaged -$63.3 million across 5 years, with a median of $43.7 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Retained Earnings surged 108.14% in 2021, then plunged 1091.05% in 2023.
- A 5-year view of Retained Earnings shows it stood at $686.7 million in 2019, then tumbled by 261.49% to -$1.1 billion in 2020, then soared by 108.14% to $90.3 million in 2021, then slumped by 58.28% to $37.7 million in 2022, then slumped by 1091.05% to -$373.1 million in 2023.
- The last three Retained Earnings figures came in at -$373.1 million (Q4 2023), $39.0 million (Q3 2023), and -$236.2 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -13.43 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -331.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 10.88 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 7.90 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -127.21 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -573.02 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -366.11 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.23 Bn |
| 10 | Rithm Capital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -373.14 Mn |
| Sep 30, 2023 | 39.01 Mn |
| Jun 30, 2023 | -236.22 Mn |
| Mar 31, 2023 | -470.56 Mn |
| Dec 31, 2022 | 37.65 Mn |
| Sep 30, 2022 | 48.34 Mn |
| Jun 30, 2022 | -387.87 Mn |
| Mar 31, 2022 | 67.20 Mn |
| Dec 31, 2021 | 90.25 Mn |
| Sep 30, 2021 | 87.99 Mn |
| Jun 30, 2021 | 81.51 Mn |
| Dec 31, 2020 | -1.11 Bn |
| Jun 30, 2019 | 686.69 Mn |
| Mar 31, 2019 | 551.70 Mn |
| Dec 31, 2018 | 830.71 Mn |
| Sep 30, 2018 | 1.01 Bn |
| Jun 30, 2018 | 458.77 Mn |
| Mar 31, 2018 | 995.66 Mn |
| Dec 31, 2017 | 559.48 Mn |
| Sep 30, 2017 | 383.31 Mn |