Rithm Capital (RITM) Financial Statements
Price: $9.57
Market Cap: $4.98B
Avg Volume: 4.51M
Market Cap: $4.98B
Avg Volume: 4.51M
Country: US
Industry: REIT - Mortgage
Sector: Real Estate
Industry: REIT - Mortgage
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Rithm Capital.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $3.76B | $3.82B | $3.04B | $-21.34M | $1.39B | $1.43B | $1.39B | $822.75M | $338.33M |
| Cost of Revenue | $1.13B | $787.09M | $1.23B | $1.12B | $110.21M | $430.58M | $63.23M | $355.92M | $136.14M | $56.46M |
| Gross Profit | $690.98M | $2.97B | $2.58B | $1.92B | $-131.55M | $962.09M | $1.37B | $1.03B | $686.62M | $281.87M |
| Gross Profit Ratio | 37.85% | 79.05% | 67.73% | 63.26% | 616.46% | 69.08% | 95.58% | 74.38% | 83.45% | 83.31% |
| Research and Development Expenses | $- | $- | $1 | $0 | $-1 | $0 | $0 | $1 | $1 | $- |
| General and Administrative Expenses | $867.24M | $1.07B | $2.11B | $2.02B | $1.12B | $538.03M | $231.58M | $67.16M | $38.57M | $49.96M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $867.24M | $1.07B | $2.11B | $2.02B | $1.12B | $538.03M | $231.58M | $67.16M | $38.57M | $49.96M |
| Other Expenses | $- | $- | $993.18M | $-4.13B | $-2.80M | $44.15M | $-18.75M | $83.33M | $9.23M | $55.30M |
| Operating Expenses | $867.24M | $730.75M | $875.43M | $-2.11B | $1.12B | $582.18M | $115.54M | $67.16M | $38.57M | $61.86M |
| Cost and Expenses | $2.00B | $1.60B | $2.11B | $-2.11B | $1.12B | $582.18M | $115.54M | $67.16M | $38.57M | $61.86M |
| Interest Income | $1.95B | $1.62B | $1.08B | $810.90M | $1.10B | $1.77B | $1.66B | $1.52B | $1.08B | $645.07M |
| Interest Expense | $1.84B | $1.40B | $791.00M | $497.31M | $584.47M | $933.75M | $606.43M | $460.87M | $373.42M | $274.01M |
| Depreciation and Amortization | $- | $28.20M | $-353.38M | $1.48B | $2.02B | $1.26B | $749.51M | $254.13M | $98.05M | $-287.88M |
| EBITDA | $-176.26M | $2.18B | $2.06B | $1.42B | $- | $- | $- | $- | $- | $- |
| EBITDA Ratio | -9.65% | 58.09% | 53.97% | 46.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-176.26M | $2.15B | $1.80B | $930.45M | $-1.39B | $605.06M | $1.50B | $1.59B | $916.79M | $531.65M |
| Operating Income Ratio | -9.65% | 57.34% | 47.17% | 30.60% | 6530.02% | 43.45% | 104.72% | 114.17% | 111.43% | 157.14% |
| Total Other Income Expenses Net | $1.39B | $-1.40B | $-1.03B | $-1.21B | $-9.34M | $45.78M | $-1.58M | $- | $- | $-17.00M |
| Income Before Tax | $1.21B | $752.83M | $1.26B | $963.81M | $-1.34B | $647.70M | $931.10M | $1.18B | $621.63M | $270.88M |
| Income Before Tax Ratio | 66.21% | 20.04% | 33.09% | 31.69% | 6283.18% | 46.51% | 65.13% | 85.10% | 75.55% | 80.06% |
| Income Tax Expense | $267.32M | $122.16M | $279.52M | $158.23M | $16.92M | $41.77M | $-73.43M | $167.63M | $38.91M | $-11.00M |
| Net Income | $835.05M | $622.26M | $954.52M | $772.23M | $-1.36B | $563.30M | $963.97M | $957.53M | $504.45M | $268.64M |
| Net Income Ratio | 45.74% | 16.56% | 25.01% | 25.39% | 6362.45% | 40.45% | 67.43% | 68.93% | 61.31% | 79.40% |
| EPS | $1.72 | $1.11 | $1.84 | $1.56 | $-3.27 | $1.35 | $2.82 | $3.17 | $2.12 | $1.34 |
| EPS Diluted | $1.72 | $1.10 | $1.80 | $1.51 | $-3.27 | $1.34 | $2.81 | $3.15 | $2.12 | $1.32 |
| Weighted Average Shares Outstanding | 484.43M | 481.93M | 468.84M | 451.28M | 415.51M | 408.79M | 341.27M | 302.24M | 238.12M | 200.74M |
| Weighted Average Shares Outstanding Diluted | 484.43M | 483.72M | 481.64M | 467.67M | 415.51M | 408.99M | 343.14M | 304.38M | 238.49M | 202.91M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.46B | $1.29B | $1.34B | $1.33B | $944.85M | $528.74M | $251.06M | $295.80M | $290.60M | $249.94M |
| Short Term Investments | $9.71B | $1.77B | $8.29B | $9.40B | $14.24B | $19.48B | $11.64B | $8.07B | $5.07B | $2.50B |
| Cash and Short Term Investments | $1.46B | $267.50K | $2.15B | $10.73B | $15.19B | $20.01B | $11.89B | $8.37B | $5.36B | $2.75B |
| Net Receivables | $- | $- | $3.70B | $3.75B | $4.77B | $11.14B | $9.32B | $- | $- | $1.76B |
| Inventory | $- | $- | $19.38M | $21.64M | $45.30M | $93.67M | $113.41M | $128.29M | $59.59M | $50.57M |
| Other Current Assets | $- | $- | $7.78B | $536.92M | $11.01B | $15.73B | $- | $- | $- | $- |
| Total Current Assets | $1.46B | $267.50K | $11.04B | $13.58B | $19.29B | $30.28B | $21.21B | $40.93M | $37.85M | $40.76M |
| Property Plant Equipment Net | $169.72M | $144.25M | $115.21M | $173.75M | $54.41M | $50.14M | $11.26M | $11.13B | $7.18B | $4.12B |
| Goodwill | $133.83M | $131.86M | $85.20M | $85.20M | $29.47M | $29.74M | $24.64M | $21.22M | $151.28M | $- |
| Intangible Assets | $10.65B | $9.07B | $8.89B | $7.20B | $3.90B | $4.47B | $3.48B | $3.08B | $2.25B | $1.80B |
| Goodwill and Intangible Assets | $10.79B | $9.20B | $8.89B | $7.20B | $3.90B | $4.47B | $3.48B | $3.08B | $2.25B | $1.80B |
| Long Term Investments | $16.14B | $20.85B | $8.29B | $9.40B | $14.24B | $19.48B | $11.64B | $8.07B | $5.07B | $2.50B |
| Tax Assets | $- | $- | $128.51M | $217.03M | $25.21M | $107.45M | $90.01M | $21.22M | $151.28M | $185.31M |
| Other Non-Current Assets | $-169.72M | $-30.20B | $-17.41B | $-217.03M | $-25.21M | $-107.45M | $24.18M | $-11.15B | $-7.33B | $-4.30B |
| Total Non-Current Assets | $26.93B | $31.69B | $11.84M | $16.77B | $18.20B | $24.00B | $15.24B | $11.15B | $7.33B | $4.30B |
| Other Assets | $17.66B | $8.03B | $21.43B | $9.38B | $-4.24B | $-9.41B | $-4.76B | $11.02B | $11.00B | $10.85B |
| Total Assets | $46.05B | $39.72B | $32.48B | $39.74B | $33.25B | $44.88B | $31.69B | $22.21B | $18.37B | $15.19B |
| Account Payables | $393.97M | $331.76M | $242.84M | $376.83M | $191.85M | $1.02B | $2.12B | $1.24B | $1.41B | $762.59M |
| Short Term Debt | $4.35B | $41.53M | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $2.31M | $1.57M |
| Deferred Revenue | $- | $- | $- | $-14.95B | $-14.95B | $-22.07B | $-17.43B | $-9.48B | $-3.81B | $- |
| Other Current Liabilities | $-393.97M | $6.17B | $-242.84M | $-376.83M | $-191.85M | $-1.02B | $-2.12B | $-1.24B | $-1.42B | $-764.16M |
| Total Current Liabilities | $4.35B | $6.54B | $545.06M | $376.83M | $154.00K | $902.08M | $2.27B | $1.17B | $1.38B | $2.06B |
| Long Term Debt | $160.44M | $26.92B | $101.22M | $29.92B | $25.76B | $7.76B | $7.22B | $7.08B | $7.99B | $7.25B |
| Deferred Revenue Non-Current | $- | $- | $25.60B | $33.29B | $27.85B | $7.62B | $7.08B | $17.44B | $7.97B | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $711.86M | $440.69M | $7.86M | $98.78M | $24.18M | $19.22M | $18.53M | $- |
| Other Non-Current Liabilities | $33.65B | $-26.92B | $-101.22M | $-30.36B | $-25.77B | $-7.76B | $-7.22B | $-7.10B | $-7.99B | $-7.25B |
| Total Non-Current Liabilities | $33.81B | $28.15B | $1.28B | $30.22B | $25.74B | $7.72B | $7.10B | $7.10B | $7.99B | $6.11M |
| Other Liabilities | $- | $-2.08B | $23.65B | $-376.83M | $2.08B | $29.02B | $16.23B | $9.14B | $5.52B | $10.14B |
| Total Liabilities | $38.16B | $32.62B | $25.47B | $30.22B | $27.82B | $37.64B | $25.60B | $17.42B | $14.90B | $12.21B |
| Preferred Stock | $1.26B | $1.26B | $1.26B | $1.26B | $812.99M | $423.44M | $830.71M | $559.48M | $210.50M | $- |
| Common Stock | $5.21M | $4.83M | $4.74M | $4.67M | $4.15M | $4.16M | $3.69M | $3.07M | $2.51M | $2.30M |
| Retained Earnings | $-46.98M | $-373.14M | $-418.66M | $-813.04M | $-1.11B | $549.73M | $830.71M | $559.48M | $210.50M | $148.80M |
| Accumulated Other Comprehensive Income Loss | $50.89M | $43.67M | $37.65M | $90.25M | $65.70M | $682.15M | $417.02M | $364.47M | $126.36M | $3.94M |
| Other Total Stockholders Equity | $6.53B | $6.07B | $6.06B | $6.06B | $5.55B | $5.50B | $4.75B | $3.76B | $2.92B | $2.64B |
| Total Stockholders Equity | $7.79B | $7.01B | $6.94B | $6.60B | $5.32B | $7.16B | $6.00B | $4.69B | $3.26B | $2.80B |
| Total Equity | $7.89B | $7.10B | $7.01B | $6.67B | $5.43B | $7.24B | $6.09B | $4.80B | $3.47B | $2.99B |
| Total Liabilities and Stockholders Equity | $46.05B | $39.72B | $32.48B | $39.74B | $33.25B | $44.88B | $31.69B | $22.21B | $18.37B | $15.19B |
| Minority Interest | $91.34M | $94.10M | $67.07M | $65.35M | $108.67M | $78.55M | $90.62M | $105.96M | $208.08M | $190.65M |
| Total Liabilities and Total Equity | $46.05B | $39.72B | $32.48B | $39.74B | $33.25B | $44.88B | $31.69B | $22.21B | $18.37B | $15.19B |
| Total Investments | $25.85B | $22.62B | $9.11B | $18.79B | $28.49B | $38.96B | $23.36B | $16.16B | $10.15B | $5.00B |
| Total Debt | $4.35B | $26.96B | $21.90B | $29.78B | $25.73B | $7.72B | $7.10B | $7.08B | $7.99B | $7.25B |
| Net Debt | $2.89B | $25.68B | $20.57B | $28.45B | $24.79B | $7.19B | $6.85B | $6.79B | $7.70B | $7.00B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $941.49M | $630.67M | $983.28M | $805.58M | $-1.36B | $605.93M | $1.00B | $1.01B | $582.72M | $281.88M |
| Depreciation and Amortization | $- | $- | $-91.89M | $6.07M | $-184.18M | $-675.79M | $-219.39M | $-573.83M | $-195.35M | $-114.47M |
| Deferred Income Tax | $254.40M | $90.00M | $271.17M | $151.20M | $15.03M | $52.99M | $-80.05M | $168.52M | $34.85M | $-6.63M |
| Stock Based Compensation | $1.13B | $- | $- | $1.11M | $1.21M | $1.05M | $1.02M | $699.00K | $300.00K | $450.00K |
| Change in Working Capital | $-374.88M | $-323.84M | $261.95M | $824.74M | $228.75M | $64.48M | $386.54M | $4.83M | $254.20M | $155.60M |
| Accounts Receivables | $- | $15.02M | $-36.70M | $226.17M | $336.59M | $218.22M | $381.40M | $-30.69M | $-2.50M | $- |
| Inventory | $- | $- | $- | $- | $-26.34M | $25.57M | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $-17.82M | $8.37M | $-94.43M | $2.41M | $12.51M | $41.61M | $23.56M | $-33.64M |
| Other Working Capital | $-374.88M | $-338.87M | $316.47M | $590.20M | $12.93M | $-181.71M | $-7.37M | $-6.09M | $233.14M | $174.97M |
| Other Non Cash Items | $-4.14B | $296.76M | $4.22B | $1.10B | $3.15B | $-1.67B | $-2.32B | $-1.51B | $-115.91M | $3.92M |
| Net Cash Provided by Operating Activities | $-2.19B | $693.60M | $6.87B | $2.88B | $1.86B | $-1.62B | $-1.23B | $-899.72M | $560.80M | $320.76M |
| Investments in Property Plant and Equipment | $- | $- | $-542.00K | $-23.02M | $-539.89M | $-1.45B | $-1.19B | $-1.66B | $-528.80M | $-252.13M |
| Acquisitions Net | $-603.78M | $-306.77M | $- | $-1.17B | $539.89M | $-1.22B | $-123.19M | $1.66B | $-55.52M | $-960.72M |
| Purchases of Investments | $- | $- | $-16.62B | $-7.59B | $-24.75B | $-38.29B | $-15.65B | $-24.07B | $-24.75B | $-20.90B |
| Sales Maturities of Investments | $- | $4.37B | $17.00B | $11.97B | $33.39B | $29.40B | $11.33B | $23.93B | $24.89B | $21.21B |
| Other Investing Activities | $489.65M | $-3.85B | $-183.85M | $-880.68M | $6.96M | $616.15M | $464.78M | $-1.64B | $259.51M | $594.58M |
| Net Cash Used for Investing Activities | $- | $216.72M | $198.25M | $2.31B | $8.65B | $-10.95B | $-5.17B | $-1.78B | $-182.58M | $-312.74M |
| Debt Repayment | $3.89B | $-541.70M | $-6.67B | $-5.84B | $-9.94B | $1.74B | $1.25B | $2.56B | $-12.65M | $-424.01M |
| Common Stock Issued | $409.96M | $- | $- | $962.91M | $391.21M | $752.22M | $983.15M | $835.47M | $279.60M | $882.17M |
| Common Stock Repurchased | $- | $- | $-5.23M | $- | $-7.46M | $- | $- | $- | $- | $- |
| Dividends Paid | $-96.46M | $-570.88M | $-558.30M | $-438.54M | $-383.57M | $-817.12M | $-661.86M | $-570.23M | $-433.41M | $-303.02M |
| Other Financing Activities | $631.28M | $270.02M | $1.42B | $570.51M | $-167.12M | $11.17B | $4.80B | $-155.22M | $-102.69M | $-126.20M |
| Net Cash Used Provided by Financing Activities | $4.83B | $-842.55M | $-6.98B | $-4.74B | $-10.11B | $12.85B | $6.37B | $2.67B | $-269.15M | $28.93M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $220.71M | $67.77M | $89.19M | $447.97M | $389.54M | $275.86M | $-30.97M | $-7.65M | $109.06M | $36.95M |
| Cash at End of Period | $1.92B | $1.70B | $1.62B | $1.53B | $1.08B | $690.93M | $415.08M | $446.05M | $453.70M | $249.94M |
| Cash at Beginning of Period | $1.70B | $1.63B | $1.53B | $1.08B | $690.93M | $415.08M | $446.05M | $453.70M | $344.64M | $212.99M |
| Operating Cash Flow | $-2.19B | $693.60M | $6.87B | $2.88B | $1.86B | $-1.62B | $-1.23B | $-899.72M | $560.80M | $320.76M |
| Capital Expenditure | $-131.19M | $- | $-542.00K | $-23.02M | $-539.89M | $-1.45B | $-1.19B | $-1.66B | $-528.80M | $-252.13M |
| Free Cash Flow | $-2.32B | $693.60M | $6.87B | $2.86B | $1.32B | $-3.07B | $-2.42B | $-2.56B | $32.00M | $68.64M |