Rithm Capital (RITM) Change in Intangibles (2018 - 2023)
Rithm Capital (RITM) posted quarterly Change in Intangibles of $281.3 million for Q3 2023, up 14940.96% year-over-year from N/an in Q3 2022, and down 33.46% quarter-over-quarter from $422.7 million in Q2 2023.
Rithm Capital (RITM) Change in Intangibles (2018 - 2023) Analysis & Trends
Rithm Capital (RITM) has reported Change in Intangibles for 6 consecutive years, with $281.3 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Change in Intangibles rose 14940.96% year-over-year to $281.3 million; the TTM figure through Dec 2023 stood at $705.3 million (up 6492.82% YoY), while the FY2023 annual figure was $705.3 million, up 6492.82% from the prior year.
- Change in Intangibles slipped to $281.3 million in Q3 2023 per RITM's latest filing, from $422.7 million in the prior quarter.
- Across five years, Change in Intangibles topped out at $422.7 million in Q2 2023 and bottomed at -$6.9 million in Q2 2019.
- Historically, Change in Intangibles has averaged $43.1 million across 5 years, with a median of $4.4 million in 2020.
- Annual changes were most pronounced in 2022 — Change in Intangibles tumbled 96.71% — and 2023, when it soared 25501.27%.
- Rithm Capital's Change in Intangibles stood at $9.0 million in 2019, then tumbled by 94.04% to $534000.0 in 2020, then soared by 613.11% to $3.8 million in 2021, then surged by 76.55% to $6.7 million in 2022, then surged by 4083.64% to $281.3 million in 2023.
- Business Quant data shows RITM's Change in Intangibles at $281.3 million in Q3 2023, $422.7 million in Q2 2023, and $1.4 million in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 73.90 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 281.27 Mn |
| Sep 30, 2023 | 281.27 Mn |
| Jun 30, 2023 | 422.68 Mn |
| Jun 30, 2023 | 422.68 Mn |
| Mar 31, 2023 | 1.36 Mn |
| Mar 31, 2023 | 1.36 Mn |
| Dec 31, 2022 | 6.72 Mn |
| Dec 31, 2022 | 6.72 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Jun 30, 2022 | 1.65 Mn |
| Jun 30, 2022 | 1.65 Mn |
| Mar 31, 2022 | 454,000.00 |
| Mar 31, 2022 | 454,000.00 |
| Dec 31, 2021 | 3.81 Mn |
| Dec 31, 2021 | 3.81 Mn |
| Sep 30, 2021 | 5.92 Mn |
| Sep 30, 2021 | 5.92 Mn |
| Jun 30, 2021 | 50.25 Mn |
| Jun 30, 2021 | 50.25 Mn |