Rithm Capital (RITM) Minority Interest (2013 - 2023)
Rithm Capital (RITM) posted quarterly Minority Interest of $94.1 million for Q4 2023, up 40.3% year-over-year from $67.1 million in Q4 2022, and up 57.07% quarter-over-quarter from $59.9 million in Q3 2023.
Rithm Capital (RITM) Minority Interest (2013 - 2023) Analysis & Trends
Rithm Capital (RITM) has reported Minority Interest for 11 consecutive years, with $94.1 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Minority Interest rose 40.3% year-over-year to $94.1 million; the TTM figure through Dec 2023 stood at $94.1 million (up 40.3% YoY), while the FY2023 annual figure was $94.1 million, up 40.3% from the prior year.
- Minority Interest rose to $94.1 million in Q4 2023 per RITM's latest filing, from $59.9 million in the prior quarter.
- Across five years, Minority Interest topped out at $108.7 million in Q4 2020 and bottomed at $59.9 million in Q3 2023.
- Historically, Minority Interest has averaged $75.8 million across 5 years, with a median of $69.2 million in 2022.
- Annual changes were most pronounced in 2021 — Minority Interest tumbled 39.86% — and 2023, when it surged 40.3%.
- Rithm Capital's Minority Interest stood at $82.9 million in 2019, then surged by 31.14% to $108.7 million in 2020, then sank by 39.86% to $65.3 million in 2021, then gained by 2.63% to $67.1 million in 2022, then surged by 40.3% to $94.1 million in 2023.
- Business Quant data shows RITM's Minority Interest at $94.1 million in Q4 2023, $59.9 million in Q3 2023, and $60.3 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 94.10 Mn |
| Sep 30, 2023 | 59.91 Mn |
| Jun 30, 2023 | 60.25 Mn |
| Mar 31, 2023 | 60.34 Mn |
| Dec 31, 2022 | 67.07 Mn |
| Sep 30, 2022 | 71.06 Mn |
| Jun 30, 2022 | 69.17 Mn |
| Mar 31, 2022 | 62.08 Mn |
| Dec 31, 2021 | 65.35 Mn |
| Jun 30, 2021 | 94.10 Mn |
| Dec 31, 2020 | 108.67 Mn |
| Jun 30, 2019 | 82.87 Mn |
| Mar 31, 2019 | 89.93 Mn |
| Dec 31, 2018 | 90.63 Mn |
| Sep 30, 2018 | 93.73 Mn |
| Jun 30, 2018 | 90.13 Mn |
| Mar 31, 2018 | 97.75 Mn |
| Dec 31, 2017 | 105.96 Mn |
| Sep 30, 2017 | 107.59 Mn |
| Jun 30, 2017 | 194.15 Mn |