Rithm Capital Past Earnings Performance
Past criteria checks 5/6
Rithm Capital has been growing earnings at an average annual rate of 30.7%, while the Mortgage REITs industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 27.6% per year. Rithm Capital's return on equity is 11.4%, and it has net margins of 23.7%.
Key information
30.7%
Earnings growth rate
27.9%
EPS growth rate
| Mortgage REITs Industry Growth | 4.6% |
| Revenue growth rate | 27.6% |
| Return on equity | 11.4% |
| Net Margin | 23.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Rithm Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 3,087 | 732 | 1,560 | 0 |
| 31 Dec 23 | 2,790 | 533 | 1,485 | 0 |
| 30 Sep 23 | 2,216 | 702 | 1,501 | 0 |
| 30 Jun 23 | 2,243 | 632 | 1,630 | 0 |
| 31 Mar 23 | 2,532 | 272 | 1,845 | 0 |
| 31 Dec 22 | 4,447 | 865 | 2,153 | 0 |
| 30 Sep 22 | 3,832 | 943 | 2,513 | 0 |
| 30 Jun 22 | 4,103 | 965 | 2,594 | 0 |
| 31 Mar 22 | 3,678 | 1,090 | 2,399 | 0 |
| 31 Dec 21 | 4,273 | 705 | 2,103 | 0 |
| 30 Sep 21 | 3,312 | 614 | 1,545 | 0 |
| 30 Jun 21 | 2,814 | 545 | 1,327 | 0 |
| 31 Mar 21 | 2,432 | 415 | 1,297 | 0 |
| 31 Dec 20 | -122 | -1,465 | 1,209 | 0 |
| 30 Sep 20 | 27 | -1,321 | 1,347 | 0 |
| 30 Jun 20 | -49 | -1,175 | 1,343 | 0 |
| 31 Mar 20 | -311 | -1,198 | 1,120 | 0 |
| 31 Dec 19 | 1,555 | 550 | 953 | 0 |
| 30 Sep 19 | 1,167 | 339 | 772 | 0 |
| 30 Jun 19 | 1,066 | 299 | 545 | 0 |
| 31 Mar 19 | 1,156 | 505 | 469 | 0 |
| 31 Dec 18 | 1,532 | 964 | 599 | 0 |
| 30 Sep 18 | 1,854 | 1,252 | 293 | 0 |
| 30 Jun 18 | 1,852 | 1,293 | 209 | 0 |
| 31 Mar 18 | 2,164 | 1,440 | 217 | 0 |
| 31 Dec 17 | 1,605 | 958 | 204 | 0 |
| 30 Sep 17 | 1,495 | 894 | 212 | 0 |
| 30 Jun 17 | 1,298 | 767 | 185 | 0 |
| 31 Mar 17 | 876 | 514 | 136 | 0 |
| 31 Dec 16 | 796 | 504 | 122 | 0 |
| 30 Sep 16 | 572 | 382 | 103 | 0 |
| 30 Jun 16 | 468 | 338 | 96 | 0 |
| 31 Mar 16 | 459 | 344 | 100 | 0 |
| 31 Dec 15 | 389 | 269 | 94 | 0 |
| 30 Sep 15 | 362 | 220 | 101 | 0 |
| 30 Jun 15 | 454 | 292 | 106 | 0 |
| 31 Mar 15 | 559 | 340 | 109 | 0 |
| 31 Dec 14 | 565 | 353 | 101 | 0 |
| 30 Sep 14 | 581 | 379 | 83 | 0 |
| 30 Jun 14 | 475 | 316 | 71 | 0 |
| 31 Mar 14 | 357 | 302 | 49 | 0 |
| 31 Dec 13 | 308 | 266 | 42 | 0 |
| 30 Sep 13 | 225 | 206 | 27 | 0 |
| 30 Jun 13 | 164 | 154 | 18 | 0 |
Quality Earnings: 14N1 has high quality earnings.
Growing Profit Margin: 14N1's current net profit margins (23.7%) are higher than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 14N1's earnings have grown significantly by 30.7% per year over the past 5 years.
Accelerating Growth: 14N1's earnings growth over the past year (169.5%) exceeds its 5-year average (30.7% per year).
Earnings vs Industry: 14N1 earnings growth over the past year (169.5%) exceeded the Mortgage REITs industry -6.2%.
Return on Equity
High ROE: 14N1's Return on Equity (11.4%) is considered low.