NYSE : RITM
Rithm Capital Corp. — Financial statements
Real Estate · REIT - Mortgage · United States
Last price 9.4 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.25B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 1.92B | 1.87B | 1.95B | 1.62B | 1.04B | 794.17M |
| Total Interest Expense | 1.82B | 1.66B | 1.84B | 1.40B | 777.79M | 497.31M |
| Net Interest Income | 99.05M | 211.88M | 114.47M | 214.86M | 260.67M | 296.86M |
| Gain (Loss) on Sale of Loans & Receivables | 833.14M | 729.53M | 682.53M | 533.48M | 1.09B | 1.79B |
| Gain (Loss) on Sale of Investments | 111.77M | 125.87M | 72.64M | 10.11M | -180.06M | -149.15M |
| Other Revenue | 2.93B | 2.09B | 2.32B | 1.53B | 3.29B | 2.34B |
| Revenue Before Loan Losses | 4.69B | 3.78B | 3.71B | 2.37B | 4.47B | 4.27B |
| Revenue | 4.69B | 3.78B | 3.71B | 2.37B | 4.47B | 4.27B |
| Salaries & Employee Benefits | 1.63B | 1.32B | 1.13B | 787.09M | 1.23B | 1.16B |
| Cost of Services Provided | 1.28B | 997.66M | 868.48M | 728.20M | 942.24M | 945.43M |
| Other Operating Expenses | 575.73M | 643.63M | 525.68M | 70.55M | 631.12M | 1.19B |
| Total Operating Expenses | 3.71B | 2.96B | 2.53B | 1.59B | 2.80B | 3.30B |
| Operating Income | 980.44M | 820.28M | 1.18B | 785.73M | 1.66B | 976.81M |
| EBT Excluding Unusual Items | 980.44M | 820.28M | 1.18B | 785.73M | 1.66B | 976.81M |
| Other Unusual Items | 27.41M | -400.00M | 3.30M | |||
| Pretax Income | 966.54M | 806.38M | 1.21B | 752.83M | 1.26B | 963.81M |
| Income Tax Expense | 437.30M | 88.29M | 267.32M | 122.16M | 279.52M | 158.23M |
| Earnings From Continuing Ops. | 529.24M | 718.09M | 941.49M | 630.67M | 983.28M | 805.58M |
| Minority Interest in Earnings | -32.00M | -21.04M | -9.99M | -8.42M | -28.77M | -33.36M |
| Net Income | 497.25M | 697.06M | 931.50M | 622.26M | 954.52M | 772.23M |
| Preferred Dividends & Other Adjustments | 138.98M | 129.86M | 96.46M | 89.58M | 89.73M | 66.74M |
| Net Income to Common | 358.27M | 567.20M | 835.05M | 532.68M | 864.79M | 705.48M |
| Shares Outstanding (Basic) | 557.21M | 537.88M | 495.48M | 481.93M | 468.84M | 451.28M |
| Shares Outstanding (Diluted) | 567.62M | 546.09M | 499.60M | 483.72M | 481.64M | 467.67M |
| EPS (Basic) | 0.64 | 1.05 | 1.69 | 1.11 | 1.84 | 1.56 |
| EPS (Diluted) | 0.64 | 1.04 | 1.67 | 1.10 | 1.80 | 1.51 |
| Dividend Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.90 |
| Operating Margin | 20.91% | 21.70% | 31.84% | 33.13% | 37.22% | 22.85% |
| Profit Margin | 7.64% | 15.00% | 22.51% | 22.46% | 19.36% | 16.50% |
| Effective Tax Rate | 45.24% | 10.95% | 22.11% | 16.23% | 22.13% | 16.42% |
| Revenue as Reported | 4.92B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.45B | 1.85B | 1.46B | 1.29B | 1.34B | 1.33B |
| Long-Term Investments | 14.28B | 13.97B | 15.99B | 13.26B | 11.23B | 9.90B |
| Trading Asset Securities | 46.75M | 75.15M | 28.08M | 52.23M | 138.17M | |
| Loans & Lease Receivables | 4.72B | 4.42B | 3.81B | 4.13B | 2.73B | 3.02B |
| Other Receivables | 768.48M | 528.75M | 400.28M | 747.70M | 351.28M | |
| Property, Plant & Equipment | 206.05M | 169.72M | 144.25M | 115.21M | 173.75M | |
| Goodwill | 316.64M | 133.83M | 131.86M | 85.20M | 85.20M | |
| Other Intangible Assets | 12.19B | 11.05B | 11.02B | 9.07B | 9.35B | 7.35B |
| Restricted Cash | 941.79M | 459.07M | 409.90M | 271.76M | 195.87M | |
| Other Current Assets | 7.39B | 7.24B | 6.42B | 4.68B | 4.13B | 5.12B |
| Long-Term Deferred Tax Assets | 6.44M | 279.02M | ||||
| Other Long-Term Assets | 10.93B | 6.76B | 1.61B | 1.59B | 1.14B | 734.33M |
| Total Assets | 56.66B | 53.06B | 46.05B | 39.72B | 34.59B | 39.74B |
| Interest Bearing Deposits | 34.81M | |||||
| Total Deposits | 34.81M | |||||
| Accounts Payable | 259.63M | 133.04M | 165.14M | 886.71M | 345.90M | |
| Accrued Expenses | 3.48B | 615.86M | 583.89M | 457.08M | 200.11M | 249.81M |
| Short-Term Debt | 5.31B | 9.94B | 8.20B | 6.84B | 8.42B | |
| Current Portion of Long-Term Debt | 9.90B | 987.63M | 355.72M | |||
| Current Portion of Leases | 45.12M | |||||
| Long-Term Debt | 37.65B | 20.72B | 23.06B | 17.66B | 17.18B | 21.04B |
| Long-Term Leases | 128.69M | 160.44M | 159.24M | 101.22M | 142.62M | |
| Long-Term Unearned Revenue | 9.35M | 17.28M | 37.47M | |||
| Other Current Liabilities | 4.79B | 4.15B | 2.90B | 3.75B | 1.35B | 1.93B |
| Long-Term Deferred Tax Liabilities | 849.41M | 786.14M | 801.86M | 711.86M | 440.69M | |
| Other Long-Term Liabilities | 1.21B | 1.79B | 583.83M | 401.60M | 311.61M | 153.16M |
| Total Liabilities | 47.12B | 43.81B | 38.16B | 32.62B | 27.58B | 33.07B |
| Common Stock | 5.58M | 5.56M | 5.21M | 4.83M | 4.74M | 4.67M |
| Additional Paid-In Capital | 7.07B | 6.98B | 6.53B | 6.07B | 6.06B | 6.06B |
| Retained Earnings | -154.52M | -19.95M | -46.98M | -373.14M | -418.66M | -813.04M |
| Comprehensive Income & Other | 67.09M | 71.09M | 50.89M | 43.67M | 37.65M | 90.25M |
| Total Common Equity | 6.99B | 7.04B | 6.54B | 5.75B | 5.69B | 5.34B |
| Minority Interest | 916.89M | 824.22M | 91.34M | 94.10M | 67.07M | 65.35M |
| Shareholders' Equity | 9.54B | 9.25B | 7.89B | 7.10B | 7.01B | 6.67B |
| Total Liabilities & Equity | 56.66B | 53.06B | 46.05B | 39.72B | 34.59B | 39.74B |
| Total Debt | 37.65B | 36.10B | 33.16B | 27.01B | 24.12B | 29.96B |
| Net Cash (Debt) | -35.20B | -34.20B | -31.63B | -23.92B | -22.73B | -28.49B |
| Net Cash Per Share | -62.01 | -62.63 | -63.30 | -49.45 | -47.19 | -60.91 |
| Filing Date Shares Outstanding | 558.41M | 555.89M | 520.66M | 483.23M | 473.73M | 466.76M |
| Total Common Shares Outstanding | 558.41M | 555.88M | 520.66M | 483.23M | 473.72M | 466.76M |
| Working Capital | 10.99B | 435.00M | 3.57B | 1.69B | 3.39B | 10.21B |
| Book Value Per Share | 12.51 | 12.66 | 12.56 | 11.90 | 12.00 | 11.44 |
| Tangible Book Value | 6.99B | 6.35B | 6.07B | 5.23B | 5.46B | 5.11B |
| Tangible Book Value Per Share | 12.51 | 11.43 | 11.66 | 10.82 | 11.52 | 10.95 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 697.06M | 931.50M | 622.26M | 954.52M | 772.23M | |
| Depreciation & Amortization | 107.48M | 124.13M | 80.68M | 18.90M | ||
| Gain on Sale of Loans & Receivables | -730.77M | -683.32M | -543.70M | -1.10B | -1.79B | |
| Loss (Gain) From Sale of Investments | -178.40M | 495.62M | 130.92M | 312.56M | 110.91M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -2.35B | -3.13B | -198.11M | 5.56B | 2.66B | |
| Change in Other Net Operating Assets | -150.51M | -374.88M | -323.84M | 261.95M | 824.76M | |
| Other Operating Activities | 1.31B | 453.77M | 925.39M | -252.45M | 856.63M | |
| Operating Cash Flow | -1.29B | -2.19B | 693.60M | 5.75B | 3.43B | |
| Cash Acquisitions | -1.06B | -603.78M | -306.77M | -1.17B | ||
| Sale (Purchase) of Intangibles | 45.69M | -93.00M | 737.24M | 28.40M | 117.01M | |
| Investment in Securities | 5.88B | -2.31B | 458.28M | 6.22M | 4.44B | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -2.01B | -902.54M | 313.13M | 189.61M | 315.38M | |
| Other Investing Activities | 224.72M | 1.93B | -878.81M | 325.27M | -128.74M | |
| Investing Cash Flow | 2.67B | -2.43B | 216.72M | 132.90M | 2.18B | |
| Long-Term Debt Issued | 144.37B | 146.30B | 98.54B | 138.24B | 203.34B | |
| Long-Term Debt Repaid | -145.29B | -140.65B | -97.92B | -144.92B | -209.17B | |
| Net Debt Issued (Repaid) | -924.87M | 5.65B | 615.62M | -6.67B | -5.84B | |
| Issuance of Preferred Stock | 183.54M | 449.49M | ||||
| Preferred Share Repurchases | -50.00M | |||||
| Issuance of Common Stock | 628.08M | 409.96M | 513.42M | |||
| Repurchase of Common Stock | -5.23M | |||||
| Total Dividends Paid | -643.20M | -588.06M | -570.88M | -558.30M | -438.54M | |
| Other Financing Activities | 298.63M | -641.89M | -887.29M | 1.42B | 150.58M | |
| Financing Cash Flow | -507.83M | 4.83B | -842.55M | -5.82B | -5.16B | |
| Net Cash Flow | 871.60M | 220.71M | 67.77M | 67.72M | 456.44M | |
| Cash Interest Paid | 1.77B | 1.74B | 1.48B | 825.22M | 578.68M | |
| Cash Income Tax Paid | 15.80M | 12.18M | 6.52M | 4.01M | 23.51M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.29B | 6.04B | 5.63B | 5.16B | 3.87B | 5.00B |
| PE Ratio | 14.82 | 10.65 | 6.74 | 9.69 | 4.47 | 7.08 |
| PS Ratio | 1.11 | 1.60 | 1.52 | 2.18 | 0.87 | 1.17 |
| PB Ratio | 0.74 | 0.65 | 0.71 | 0.73 | 0.55 | 0.75 |
| P/OCF Ratio | 7.44 | 0.67 | 1.46 | |||
| Debt / Equity Ratio | 3.95 | 3.90 | 4.21 | 3.80 | 3.44 | 4.49 |
| Net Debt / Equity Ratio | 3.69 | 3.70 | 4.01 | 3.37 | 3.24 | 4.27 |
| Quick Ratio | 0.87 | 0.35 | 0.43 | 0.56 | 0.53 | 0.43 |
| Current Ratio | 2.33 | 1.02 | 1.26 | 1.12 | 1.36 | 1.90 |
| Asset Turnover | 0.09 | 0.08 | 0.09 | 0.06 | 0.12 | 0.12 |
| Return on Equity (ROE) | 5.74% | 8.38% | 12.56% | 8.94% | 14.38% | 13.32% |
| Return on Assets (ROA) | 1.02% | 1.45% | 2.20% | 1.70% | 2.65% | 2.21% |
| Return on Invested Capital (ROIC) | 1.15% | 1.69% | 2.45% | 2.02% | 3.82% | 2.40% |
| Earnings Yield | 6.75% | 11.54% | 16.55% | 12.06% | 24.66% | 15.45% |
| Dividend Yield | 10.55% | 9.20% | 9.25% | 9.36% | 12.24% | 8.41% |
| Payout Ratio | 156.43% | 92.27% | 63.13% | 91.74% | 58.49% | 56.79% |
| Buyback Yield / Dilution | -5.90% | -9.31% | -3.28% | -0.43% | -2.99% | -12.55% |
| Total Shareholder Return | 4.84% | -0.10% | 5.97% | 8.93% | 9.25% | -4.14% |