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| 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 |