Rithm Capital (RITM) Return on Capital Employed [ROCE] (2019 - 2024)
Rithm Capital (RITM) recorded Return on Capital Employed [ROCE] of 3.22% in Q1 2024, down 0.83 percentage points from 4.05% a year earlier and down 0.44 percentage points from the prior quarter.
Rithm Capital (RITM) Return on Capital Employed [ROCE] (2019 - 2024) Analysis & Trends
For FY2023, Rithm Capital reported Return on Capital Employed [ROCE] of 2.12%, down 1.37 percentage points from FY2022.
- Annual Return on Capital Employed [ROCE] has a four-year change of -2.01 percentage points (FY2019 to FY2023).
- Across earlier years, Return on Capital Employed [ROCE] came in at 3.49% in FY2022 (-0.51 pp), 4.00% in FY2021 (+5.94 pp), -1.94% in FY2020 (-6.07 pp) and 4.13% in FY2019.
- The Q1 2024 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q4 2020.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of +0.16 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 5.97 percentage points in Q4 2021, against a drop of 6.04 percentage points in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.66% (Q4 2023), 4.93% (Q3 2023) and 5.44% (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 10.00% |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 7.88% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 10.17% |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Rithm Capital | 4.87 Bn | -4.00 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 3.22% |
| Dec 31, 2023 | 3.66% |
| Sep 30, 2023 | 4.93% |
| Jun 30, 2023 | 5.44% |
| Mar 31, 2023 | 4.05% |
| Dec 31, 2022 | 5.68% |
| Sep 30, 2022 | 5.52% |
| Jun 30, 2022 | 5.19% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | 3.59% |
| Sep 30, 2021 | 3.52% |
| Jun 30, 2021 | 3.85% |
| Mar 31, 2021 | 3.86% |
| Dec 31, 2020 | -2.38% |
| Sep 30, 2020 | -2.01% |
| Jun 30, 2020 | -1.64% |
| Dec 31, 2019 | 3.67% |
Rithm Capital Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=RITM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "RITM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=RITM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();