Rithm Capital (RITM) Change in Intangibles (2018 - 2023)

Rithm Capital's (RITM) quarterly Change in Intangibles came in at $281.3 million in Q3 2023, up 14940.96% year-on-year from N/an in Q3 2022, and down 33.46% on a QoQ basis from $422.7 million in Q2 2023.

Rithm Capital (RITM) Change in Intangibles (2018 - 2023) Analysis & Trends

Rithm Capital (RITM) has 6 years of Change in Intangibles data on file, last reported at $281.3 million in Q3 2023.

  • On a quarterly basis, Change in Intangibles rose 14940.96% year-over-year to $281.3 million in Q3 2023; TTM through Dec 2023 was $705.3 million, a 6492.82% increase from a year earlier, with the FY2023 full-year figure at $705.3 million, up 6492.82% from the prior year.
  • Change in Intangibles for Q3 2023 stood at $281.3 million, down from $422.7 million in the prior quarter.
  • Over the last five years, Change in Intangibles for RITM reached as high as $422.7 million in Q2 2023 and fell as low as -$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.
  • Across the five-year window, Change in Intangibles sank 96.71% in 2022 and jumped 25501.27% in 2023, its largest moves.
  • Year by year, Change in Intangibles stood at $9.0 million in 2019, then tumbled by 94.04% to $534000.0 in 2020, then surged by 613.11% to $3.8 million in 2021, then jumped by 76.55% to $6.7 million in 2022, then jumped by 4083.64% to $281.3 million in 2023.
  • Per Business Quant data, the three most recent Change in Intangibles figures were $281.3 million in Q3 2023, $422.7 million in Q2 2023, and $1.4 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - -
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -
6 Ellington Financial 1.63 Bn 1.51 Bn - -
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -
10 Ladder Capital 1.20 Bn 1.17 Bn - -

Historic Data

Download Data
DateValue
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