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-over-year from N/an in Q3 2022, and down 33.46% quarter-over-quarter from $422.7 million in Q2 2023.
Analysis
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.
- 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 was $281.3 million for Q3 2023 at Rithm Capital, down from $422.7 million in the prior quarter.
- Over five years, Change in Intangibles peaked at $422.7 million in Q2 2023 and troughed at -$6.9 million in Q2 2019.
- A 5-year average of $43.1 million and a median of $4.4 million in 2020 frame the typical range for Change in Intangibles.
- Across the five-year window, Change in Intangibles plunged 96.71% in 2022 and surged 25501.27% in 2023, its largest moves.
- Over 5 years, Change in Intangibles stood at $7.9 million in 2019, then sank by 93.25% to $534000.0 in 2020, then jumped by 613.11% to $3.8 million in 2021, then soared by 76.55% to $6.7 million in 2022, then soared by 4083.64% to $281.3 million in 2023.
- The last three Change in Intangibles figures came in at $281.3 million (Q3 2023), $422.7 million (Q2 2023), and $1.4 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 73.90 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 281.27 Mn |
| Jun 30, 2023 | 422.68 Mn |
| Mar 31, 2023 | 1.36 Mn |
| Dec 31, 2022 | 6.72 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Jun 30, 2022 | 1.65 Mn |
| Mar 31, 2022 | 454,000.00 |
| Dec 31, 2021 | 3.81 Mn |
| Sep 30, 2021 | 5.92 Mn |
| Jun 30, 2021 | 50.25 Mn |
| Mar 31, 2021 | 2.99 Mn |
| Dec 31, 2020 | 534,000.00 |
| Sep 30, 2020 | 4.36 Mn |
| Jun 30, 2020 | -2.41 Mn |
| Mar 31, 2020 | 12.21 Mn |
| Dec 31, 2019 | 7.91 Mn |
| Sep 30, 2019 | 16.62 Mn |
| Jun 30, 2019 | -6.91 Mn |
| Mar 31, 2019 | 6.91 Mn |
| Dec 31, 2018 | 13.25 Mn |