Ready Capital (RC) Net Income

Price: $4.45
Market Cap: $764.63M
Avg Volume: 2.88M
Country: US
Industry: REIT - Mortgage
Sector: Real Estate
Beta: 1.299
52W Range: $4.28-9.54
Website: Ready Capital

What is Ready Capital's Net Income?

  • Ready Capital's annual net income as of FY 2024 is $-443.75M.
  • Ready Capital's quarterly net income as of Q4 2024 is $-316.14M.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess Ready Capital's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: -230.73%
  • Net Income Ratio - net income divided by revenue:
    • Annual: 436.05%
    • Quarterly: -1170.72%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $-2.62

These metrics provide insights into Ready Capital's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$-443.75M

Quarterly Net Income

$-316.14M

Historical Annual Net Income
$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00M-$600.00M-$600.00MNet Income (Annual)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Net Income
$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M-$400.00M-$400.00MNet Income (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Annual Net Income Growth
5000.00%5000.00%4000.00%4000.00%3000.00%3000.00%2000.00%2000.00%1000.00%1000.00%0.00%0.00%-1000.00%-1000.00%Net Income Growth (%)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Annual Net Income Per Share
$3.00$3.00$2.00$2.00$1.00$1.00$0.00$0.00$-1.00$-1.00$-2.00$-2.00$-3.00$-3.00Net Income Per Share20162016201720172018201820192019202020202021202120222022202320232024202420252025

Ready Capital Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2024 $-443.75M -230.73% 436.05% $-2.62
2023 $339.45M 74.74% 29.64% $2.31
2022 $194.26M 23.15% 42.21% $1.82
2021 $157.74M 251.56% 41.15% $2.30
2020 $44.87M -38.51% 16.61% $0.84
2019 $72.97M 23.14% 49.94% $1.74
2018 $59.26M 36.89% 37.44% $1.85
2017 $43.29M -11.96% 28.33% $1.38
2016 $49.17M 4000.11% 39.35% $1.85
2015 $-1.26M -104.71% -2.17% $-0.05