Rithm Capital (RITM) Cost of Revenue (2013 - 2020)
Rithm Capital's (RITM) quarterly Cost of Revenue came in at $7.1 million in Q2 2020, down 23.72% year-on-year from $9.4 million in Q3 2019, and down 8.96% on a QoQ basis from $7.9 million in Q1 2020.
Rithm Capital (RITM) Cost of Revenue (2013 - 2020) Analysis & Trends
Rithm Capital (RITM) has 8 years of Cost of Revenue data on file, last reported at $7.1 million in Q2 2020.
- On a quarterly basis, Cost of Revenue fell 23.72% year-over-year to $7.1 million in Q2 2020; TTM through Jun 2020 was $27.8 million, a 30.54% decrease from a year earlier, with the FY2019 full-year figure at $31.7 million, down 27.12% from the prior year.
- Cost of Revenue for Q2 2020 stood at $7.1 million, down from $7.9 million in the prior quarter.
- Over the last five years, Cost of Revenue for RITM reached as high as $14.2 million in Q3 2016 and fell as low as $1.7 million in Q1 2016.
- Historically, Cost of Revenue has averaged $10.4 million across 5 years, with a median of $11.0 million in 2018.
- On a YoY basis, Cost of Revenue climbed as much as 750.54% in 2016 and fell as far as 64.61% in 2016.
- Year by year, Cost of Revenue stood at $14.0 million in 2016, then fell by 12.19% to $12.3 million in 2017, then slipped by 18.95% to $9.9 million in 2018, then sank by 43.95% to $5.6 million in 2019, then increased by 28.35% to $7.1 million in 2020.
- Per Business Quant data, the three most recent Cost of Revenue figures were $7.1 million in Q2 2020, $7.9 million in Q1 2020, and $5.6 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.39 Bn | 14.48 Bn | - | - |
| 2 | AGNC Investment | 11.93 Bn | 11.43 Bn | - | - |
| 3 | Starwood Property Trust | 6.07 Bn | 5.70 Bn | - | - |
| 4 | Rithm Capital | 5.14 Bn | 5.14 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.81 Bn | 2.26 Bn | - | - |
| 6 | Dynex Capital | 2.54 Bn | 2.02 Bn | - | - |
| 7 | Armour Residential REIT | 2.10 Bn | 2.02 Bn | - | - |
| 8 | Ellington Financial | 1.65 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.31 Bn | 624.47 Mn | 61.82 Mn | 585,000.00 |
| 10 | Two Harbors Investment | 1.27 Bn | 986.21 Mn | - | 22.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 7.15 Mn |
| Jun 30, 2020 | 7.15 Mn |
| Mar 31, 2020 | 7.85 Mn |
| Mar 31, 2020 | 7.85 Mn |
| Dec 31, 2019 | 5.57 Mn |
| Dec 31, 2019 | 5.57 Mn |
| Sep 30, 2019 | 7.19 Mn |
| Sep 30, 2019 | 7.19 Mn |
| Jun 30, 2019 | 9.37 Mn |
| Jun 30, 2019 | 9.37 Mn |
| Mar 31, 2019 | 9.60 Mn |
| Mar 31, 2019 | 9.60 Mn |
| Dec 31, 2018 | 9.94 Mn |
| Dec 31, 2018 | 9.94 Mn |
| Sep 30, 2018 | 11.06 Mn |
| Sep 30, 2018 | 11.06 Mn |
| Jun 30, 2018 | 11.04 Mn |
| Jun 30, 2018 | 11.04 Mn |
| Mar 31, 2018 | 11.51 Mn |
| Mar 31, 2018 | 11.51 Mn |