Rithm Capital (RITM) Return on Capital Employed (2019 - 2024)
Rithm Capital's (RITM) quarterly Return on Capital Employed came in at 8.43% in Q1 2024, up 429.0% year-on-year from 1.59% in Q2 2023, and little changed on a QoQ basis from 8.46% in Q4 2023.
Rithm Capital (RITM) Return on Capital Employed (2019 - 2024) Analysis & Trends
Rithm Capital (RITM) has 6 years of Return on Capital Employed data on file, last reported at 8.43% in Q1 2024.
- On a quarterly basis, Return on Capital Employed rose 429.0% year-over-year to 8.43% in Q1 2024; TTM through Mar 2024 was 8.43%, a 429.0% increase from a year earlier, with the FY2023 full-year figure at 6.02%, up 40.0% from the prior year.
- Return on Capital Employed for Q1 2024 stood at 8.43%, roughly flat from 8.46% in the prior quarter.
- Over the last five years, Return on Capital Employed for RITM reached as high as 8.46% in Q4 2023 and fell as low as 1.03% in Q2 2020.
- Historically, Return on Capital Employed has averaged 4.6% across 5 years, with a median of 4.67% in 2023.
- Across the five-year window, Return on Capital Employed slumped 106 bps in 2023 and soared 429 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 1.29% in 2020, then surged by 197 bps to 3.82% in 2021, then soared by 51 bps to 5.77% in 2022, then soared by 47 bps to 8.46% in 2023, then slipped by 0 bps to 8.43% in 2024.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 8.43% in Q1 2024, 8.46% in Q4 2023, and 6.04% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (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 |
|---|---|
| Mar 31, 2024 | 8.43% |
| Dec 31, 2023 | 8.46% |
| Sep 30, 2023 | 6.04% |
| Jun 30, 2023 | 5.54% |
| Mar 31, 2023 | 4.15% |
| Dec 31, 2022 | 5.77% |
| Sep 30, 2022 | 5.79% |
| Jun 30, 2022 | 5.44% |
| Mar 31, 2022 | 5.20% |
| Dec 31, 2021 | 3.82% |
| Sep 30, 2021 | 3.58% |
| Jun 30, 2021 | 3.91% |
| Mar 31, 2021 | 3.43% |
| Dec 31, 2020 | 1.29% |
| Sep 30, 2020 | 1.69% |
| Jun 30, 2020 | 1.03% |
| Dec 31, 2019 | 2.04% |