← Rithm Capital Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $703.3m |
$1.1b
+50.55%
|
$2.3b
+115.23%
|
$2.6b
+14.59%
|
$1.9b
-25.46%
|
$3.6b
+86.07%
|
$4.7b
+30.51%
|
$3.7b
-21.03%
|
$4.9b
+31.74%
|
$4.6b
-6.66%
|
$3.3b
-27.76%
|
|
| Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues | — | — | — | — | — | $3.8b | $5.0b | $3.7b | $7.3b | $5.9b | — | |
| Gains (Losses) on Sales of Investment Real Estate | $4.7m | ($9.2m) | ($12.4m) | ($11.5m) | ($21.9m) | ($6.6m) | ($4.1m) | — | — | — | — | |
| Interest Income (Expense), Net | $703.3m |
$1.1b
+50.55%
|
$1.1b
-0.10%
|
$832.4m
-21.31%
|
— | — | — | — | — | — | $1.9b | |
| General and Administrative Expense | $38.6m | $67.2m | $231.6m | $538.0m | $1.1b | $864.0m | $875.4m | $732.5m | $868.5m | $1.0b | $1.9b | |
| Other General and Administrative Expense | — | — | $51.6m | $84.3m | $91.0m | $184.6m | $303.5m | $281.8m | $162.4m | $186.6m | — | |
| Labor and Related Expense | — | — | $109.9m | $285.5m | $571.6m | $1.2b | $1.2b | $787.1m | $1.1b | $1.3b | — | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | $79.8m | $50.7m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | $81.1m | — | — | |
| Operating Lease, Expense | — | — | — | $19.4m | $36.8m | $70.6m | $116.5m | $55.9m | $61.3m | $62.9m | — | |
| Operating Expenses | $174.2m | $422.6m | $609.4m | $968.6m | $1.8b | $2.6b | $3.3b | $2.9b | $3.8b | $4.0b | — | |
| Interest Expense | $373.4m | $460.9m | $606.4m | $933.8m | $584.5m | $497.3m | $791.0m | $1.4b | $1.8b | $1.7b | $1.7b | |
| Interest Income, Operating | $1.1b | $1.5b | $1.7b | $1.8b | $1.1b | $810.9m | $1.1b | — | — | — | $1.9b | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($29.9m) | $206.0m | ($753.7m) | ($89.8m) | ($1.7b) | — | — | — | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | $10.3m | $2.1m | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | ($437.1m) | $11.7m | $1.1b | ($19.5m) | ($215.7m) | $125.9m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $5.8m | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | ($26.5m) | ($30.1m) | ($31.7m) | ($26.8m) | ($86.5m) | ($69.0m) | $57.3m | $83.2m | — | |
| Income (Loss) from Equity Method Investments | — | $25.6m | $10.8m | — | $0 | $0 | — | — | — | — | — | |
| Other Income | $935k | ($27.7m) | — | — | — | — | — | — | — | — | — | |
| Other income (loss), net | $28.5m | $4.1m | ($124.3m) | $44.1m | ($2.8m) | $134.0m | $131.3m | ($69.0m) | $57.3m | $83.2m | — | |
| Total Other Income (Loss) | $62.3m | $207.8m | ($44.3m) | ($41.1m) | ($1.4b) | ($88.9m) | ($120.1m) | ($106.2m) | ($158.4m) | $209.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $767.1m | $684.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $621.6m | $1.2b | $931.1m | $647.7m | ($1.3b) | $963.8m | $1.3b | $752.8m | $1.2b | $806.4m | $684.3m | |
| Current Income Tax Expense (Benefit) | $4.1m | ($890k) | $6.6m | $3.6m | $1.9m | $7.0m | $8.3m | $5.8m | $12.9m | $27.9m | $187.6m | |
| Income Tax Expense (Benefit) | $38.9m | $167.6m | ($73.4m) | $41.8m | $16.9m | $158.2m | $279.5m | $122.2m | $267.3m | $88.3m | $187.6m | |
| Net Income (Loss) Attributable to Parent | $504.5m |
$957.5m
+89.82%
|
$964.0m
+0.67%
|
$550.0m
-42.94%
|
($1.5b)
-366.29%
|
$705.5m
+148.17%
|
$864.8m
+22.58%
|
$532.7m
-38.40%
|
$835.0m
+56.76%
|
$697.1m
-16.52%
|
$334.8m
-51.97%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $78.3m | $57.1m | $40.6m | $42.6m | $52.7m | $33.4m | $28.8m | $8.4m | $10.0m | $8.8m | $334.8m | |
| Preferred Stock Dividends and Other Adjustments | — | — | — | $13 | $54 | $67 | $90 | $90 | $96 | $114 | $130.7m | |
| Earnings Per Share, Basic | $2.12 | $3.17 | $2.82 | $1.35 | ($3.52) | $1.56 | $1.84 | $1.11 | $1.69 | $1.05 | $0.60 | |
| Earnings Per Share, Diluted | $2.12 | $3.15 | $2.81 | $1.34 | ($3.52) | $1.51 | $1.80 | $1.10 | $1.67 | $1.04 | $0.60 | |
| Common Stock, Dividends, Per Share, Declared | $1.84 | $1.98 | $2.00 | $2.00 | $0.50 | $0.90 | $1.00 | $1.00 | $1.00 | $1.00 | — | |
| Preferred Stock, Dividends Per Share, Declared | $1.84 | $1.98 | $2.00 | $2.00 | $5.26 | $5.97 | $7.00 | $7.00 | $7.93 | $10.13 | $130,696,000.00 | |
| Basic (in shares) | $238.1m | $302.2m | $341.3m | $408.8m | $415.5m | $451.3m | $468.8m | $481.9m | $495.5m | $537.9m | $553.1m | |
| Diluted (in shares) | $238.5m | $304.4m | $343.1m | $409.0m | $415.5m | $467.7m | $481.6m | $483.7m | $499.6m | $546.1m | $562.2m | |
| Weighted Average Number of Shares Outstanding, Basic | 238.1m | 302.2m | 341.3m | 408.8m | 415.5m | 451.3m | 468.8m | 481.9m | 495.5m | 537.9m | 553.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 238.5m | 304.4m | 343.1m | 409.0m | 415.5m | 467.7m | 481.6m | 483.7m | 499.6m | 546.1m | 562.2m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $49.5m | |
| Compensation and benefits | — | — | $109.9m | $285.5m | $571.6m | $1.2b | $1.2b | $787.1m | $1.1b | $1.3b | — | |
| Realized and unrealized gains, net | — | — | ($136.2m) | ($307.4m) | ($437.1m) | $11.7m | $1.1b | ($37.2m) | ($215.7m) | $125.9m | — | |
| Non-controlling interests in income of consolidated subsidiaries | — | — | — | — | — | — | — | $8.4m | $10.0m | $8.8m | — | |
| Redeemable non-controlling interests in income of consolidated subsidiaries | — | — | — | — | — | — | — | $0 | $0 | $12.2m | — | |
| Change in redemption value of redeemable non-controlling interests | — | — | — | — | — | — | — | $0 | $0 | $15.6m | — | |
| Dividends on preferred stock | — | $0 | $0 | $13.3m | $54.3m | $66.7m | $89.7m | $89.6m | $96.5m | $114.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.