Rithm Capital (RITM) Change in Intangibles (2018 - 2023)
Rithm Capital (RITM) recorded quarterly Change in Intangibles of $281.3 million in Q3 2023, down 33.46% quarter-over-quarter from $422.7 million in Q2 2023, and up 14940.96% on a YoY basis from N/an in Q3 2022.
Rithm Capital (RITM) Change in Intangibles (2018 - 2023) Analysis & Trends
Rithm Capital's Change in Intangibles history runs 6 years deep, the most recent figure standing at $281.3 million for 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 was $281.3 million for Q3 2023 at Rithm Capital, down from $422.7 million in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of $422.7 million in Q2 2023 to a low of -$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.
- The sharpest annual moves came in 2022 and 2023: Change in Intangibles plunged 96.71% in 2022, then jumped 25501.27% in 2023.
- A 5-year view of Change in Intangibles shows it stood at $9.0 million in 2019, then plunged by 94.04% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Ladder Capital | 1.28 Bn | 1.25 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 |