Rithm Capital (RITM) Return on Capital Employed (2019 - 2024)
Rithm Capital (RITM) posted quarterly Return on Capital Employed of 8.43% for Q1 2024, up 429.0% year-over-year from 1.59% in Q2 2023, and little changed quarter-over-quarter from 8.46% in Q4 2023.
Rithm Capital (RITM) Return on Capital Employed (2019 - 2024) Analysis & Trends
Rithm Capital (RITM) has reported Return on Capital Employed for 6 consecutive years, with 8.43% the latest figure, recorded in Q1 2024.
- In Q1 2024, Return on Capital Employed rose 429.0% year-over-year to 8.43%; the TTM figure through Mar 2024 stood at 8.43% (up 429.0% YoY), while the FY2023 annual figure was 6.02%, up 40.0% from the prior year.
- Return on Capital Employed was little changed at 8.43% in Q1 2024 per RITM's latest filing, from 8.46% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 8.46% in Q4 2023 and bottomed at 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.
- Annual changes were most pronounced in 2023 — Return on Capital Employed plunged 106 bps — and 2024, when it surged 429 bps.
- Rithm Capital's Return on Capital Employed stood at 1.29% in 2020, then soared by 197 bps to 3.82% in 2021, then jumped by 51 bps to 5.77% in 2022, then jumped by 47 bps to 8.46% in 2023, then retreated by 0 bps to 8.43% in 2024.
- Business Quant data shows RITM's Return on Capital Employed at 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 | 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 |
|---|---|
| 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% |