Balance Sheet Rithm Capital Corp.

Equities

RITM

US64828T2015

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:02 2025-07-15 pm EDT			5-day change	1st Jan Change
11.71 ^USD	-0.17%		+0.52%	+8.13%

Jul. 15	UBS Adjusts Rithm Capital Price Target to $14 From $13, Maintains Buy Rating	MT
Jun. 20	Rithm Capital Corp. Closes its Previously Announced Private Offering of $500 Million Aggregate Principal Amount of 8.000% Senior Unsecured Notes Due 2030	CI

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Published financial data: RITHM CAPITAL CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest and Dividend Income, Total	1.1B	811M	1.08B	1.68B	1.95B
Interest Expense, Total	584M	497M	791M	1.42B	1.84B
Net Interest Income	518M	314M	285M	255M	114M
Asset Management Fee	-	-	-	82.68M	520M
Gain (Loss) on Sale of Loans & Receivables	1.4B	1.83B	1.09B	508M	683M
Gain (Loss) on Sale of Investments, Total (Rev)	-1.43B	-209M	-259M	-37.24M	-216M
Other Revenues, Total	-525M	1.04B	2.66B	1.98B	2.69B
Revenues Before Provison For Loan Losses	-40.18M	2.97B	3.77B	2.79B	3.79B
Provision For Loan Losses	110M	-42.54M	-	-	-
Total Revenues	-150M	3.01B	3.77B	2.79B	3.79B
Salaries And Other Employee Benefits	11.44M	1.16B	1.23B	787M	1.13B
Cost of Services Provided, Total	1.2B	960M	922M	698M	851M
Other Operating Expenses	-25.41M	-67.11M	-46.95M	519M	602M
Total Operating Expenses	1.18B	2.05B	2.11B	2B	2.59B
Operating Income	-1.33B	959M	1.66B	786M	1.2B
EBT, Excl. Unusual Items	-1.33B	959M	1.66B	786M	1.2B
Total Merger & Related Restructuring Charges	-	-	-	-32.9M	-17.8M
Other Unusual Items	-6.57M	4.99M	-400M	-	27.42M
EBT, Incl. Unusual Items	-1.34B	964M	1.26B	753M	1.21B
Income Tax Expense	16.92M	158M	280M	122M	267M
Earnings From Continuing Operations	-1.36B	806M	983M	631M	941M
Net Income to Company	-1.36B	806M	983M	631M	941M
Minority Interest	-52.67M	-33.36M	-28.77M	-8.42M	-9.99M
Net Income - (IS)	-1.41B	772M	955M	622M	932M
Preferred Dividend and Other Adjustments	54.3M	66.74M	89.73M	89.58M	96.46M
Net Income to Common Incl Extra Items	-1.46B	705M	865M	533M	835M
Net Income to Common Excl. Extra Items	-1.46B	705M	865M	533M	835M
Per Share Items
Net EPS - Basic	-3.52	1.56	1.84	1.11	1.69
Basic EPS - Continuing Operations	-3.52	1.56	1.84	1.11	1.69
Basic Weighted Average Shares Outstanding	416M	451M	469M	482M	495M
Net EPS - Diluted	-3.52	1.51	1.8	1.1	1.67
Diluted EPS - Continuing Operations	-3.52	1.51	1.8	1.1	1.67
Diluted Weighted Average Shares Outstanding	416M	468M	482M	484M	500M
Normalized Basic EPS	-2.13	1.25	2.16	1	1.49
Normalized Diluted EPS	-2.13	1.21	2.1	1	1.48
Dividend Per Share	0.5	0.9	1	1	1
Payout Ratio	-27.2	56.79	58.49	91.74	63.13
Supplemental Items
Total Revenues (As Reported)	-	3.62B	4.73B	-	5.21B
Effective Tax Rate - (Ratio)	-1.26	16.42	22.13	16.23	22.11
Current Domestic Taxes	1.89M	7.03M	8.35M	5.45M	3.18M
Current Foreign Taxes	-	-	-	377K	9.74M
Total Current Taxes	1.89M	7.03M	8.35M	5.82M	12.92M
Deferred Domestic Taxes	15.03M	151M	271M	116M	255M
Deferred Foreign Taxes	-	-	-	526K	-821K
Total Deferred Taxes	15.03M	151M	271M	116M	254M
Normalized Net Income	-887M	566M	1.01B	483M	740M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	11.44M	-	-	14.1M	49.1M
Stock-Based Comp., Other (Total)	-	1.11M	1.3M	-	-
Total Stock-Based Compensation	11.44M	1.11M	1.3M	14.1M	49.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	945M	1.33B	1.34B	1.29B	1.46B
Long-Term Investments - (FS Template)	15.26B	10.25B	8.76B	10.67B	15.99B
Trading Asset Securities, Total	290M	138M	52.23M	28.08M	75.15M
Loans and Lease Receivables - (FS Template)	1.4B	3.02B	3.1B	4.08B	3.81B
Other Receivables	385M	351M	748M	799M	529M
Net Property Plant And Equipment	54.41M	174M	115M	144M	170M
Goodwill	29.47M	85.2M	85.2M	132M	134M
Other Intangibles, Total	34.12M	143M	141M	388M	332M
Loans Held For Sale	5.22B	11.35B	3.4B	2.54B	4.37B
Restricted Cash	136M	196M	281M	386M	459M
Other Current Assets, Total	4.76B	5.12B	4.13B	4.68B	6.46B
Deferred Tax Assets Long-Term (Collected)	-	-	-	279M	-
Deferred Charges Long-Term	886K	-	-	-	-
Other Long-Term Assets, Total	4.74B	7.59B	10.34B	9.89B	12.26B
Total Assets	33.25B	39.74B	32.48B	35.31B	46.05B
Liabilities
Accounts Payable, Total	87.56M	299M	887M	165M	133M
Accrued Expenses, Total	208M	309M	200M	440M	584M
Short-Term Borrowings	13.62B	9.08B	6.84B	8.59B	9.94B
Current Portion of Long-Term Debt	-	356M	1.22B	949M	9.6B
Current Portion of Leases	13.44M	42.02M	29.63M	41.53M	43.68M
Long-Term Debt	12.23B	20.38B	13.86B	14.54B	13.46B
Long-Term Leases	17.83M	101M	71.59M	118M	117M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.54B	1.93B	1.35B	1.92B	2.9B
Unearned Revenue Non Current	-	-	-	37.47M	17.28M
Deferred Tax Liability Non-Current	7.86M	441M	712M	802M	786M
Other Non Current Liabilities	92.94M	141M	295M	613M	584M
Total Liabilities	27.82B	33.07B	25.47B	28.21B	38.16B
Preferred Stock Convertible	813M	1.26B	1.26B	1.26B	1.26B
Total Preferred Equity	813M	1.26B	1.26B	1.26B	1.26B
Common Stock, Total	4.15M	4.67M	4.74M	4.83M	5.21M
Additional Paid In Capital	5.55B	6.06B	6.06B	6.07B	6.53B
Retained Earnings	-1.11B	-813M	-419M	-373M	-46.98M
Comprehensive Income and Other	65.7M	90.25M	37.65M	43.67M	50.89M
Total Common Equity	4.51B	5.34B	5.69B	5.75B	6.54B
Minority Interest	109M	65.35M	67.07M	94.1M	91.34M
Total Equity	5.43B	6.67B	7.01B	7.1B	7.89B
Total Liabilities And Equity	33.25B	39.74B	32.48B	35.31B	46.05B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	415M	467M	474M	483M	521M
ECS Total Common Shares Outstanding	415M	467M	474M	483M	521M
Book Value / Share	10.87	11.44	12	11.9	12.56
Tangible Book Value	4.44B	5.11B	5.46B	5.23B	6.07B
Tangible Book Value Per Share	10.72	10.95	11.52	10.82	11.66
Total Debt	25.88B	29.96B	22.02B	24.23B	33.16B
Net Debt	24.65B	28.49B	20.63B	22.92B	31.63B
Equity Method Investments, Total	99.92M	85.75M	-	-	-
Full Time Employees	5.66K	12.29K	5.76K	6.57K	6.04K
Part Time Employees	3	3	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.41B	772M	955M	622M	932M
Depreciation, Depletion & Amortization	-	6.07M	-	28.2M	30M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	-	6.07M	-	28.2M	30M
Amortization of Deferred Charges, Total	28.62M	15.96M	17.17M	-	-
Gain (Loss) on Sale of Loans & Receivables - (CF)	-1.41B	-1.83B	-1.09B	-519M	-683M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	905M	-89.43M	251M	51.57M	207M
Total Asset Writedown	-28.46M	400M	-	-	-
Provision for Credit Losses	503M	-178M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	1.21M	1.11M	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Operating	861M	2.1B	6.89B	603M	-3.13B
Change in Other Net Operating Assets (Collected)	229M	825M	262M	-324M	-375M
Other Operating Activities	2.17B	864M	-409M	639M	836M
Cash from Operations	1.86B	2.88B	6.87B	1.1B	-2.19B
Cash Acquisitions	-	-1.17B	-	-325M	-604M
Purchase / Sale of Intangible Assets	-449M	43.28M	10.16M	705M	-93M
Sale (Purchase) of Real Estate Properties (Collected)	-	-545M	-416M	-106M	-450M
Investment in Marketable and Equity Securities, Total	8.75B	4.59B	89.28M	544M	-2.31B
Net (Increase) Decrease in Loans Originated / Sold - Investing	342M	65.38M	190M	313M	-903M
Other Investing Activities, Total	5.14M	-676M	325M	-879M	1.93B
Cash from Investing	8.65B	2.31B	198M	253M	-2.43B
Long-Term Debt Issued, Total	187B	203B	137B	97.81B	146B
Total Debt Issued	187B	203B	137B	97.81B	146B
Long-Term Debt Repaid, Total	-197B	-208B	-144B	-97.65B	-141B
Total Debt Repaid	-197B	-208B	-144B	-97.65B	-141B
Issuance of Common Stock	1.74M	514M	-	-	410M
Repurchase of Common Stock	-7.46M	-	-5.23M	-	-
Issuance of Preferred Stock	390M	449M	-	-	-
Common Dividends Paid	-332M	-376M	-	-	-
Preferred Dividends Paid	-51.09M	-62.68M	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-558M	-571M	-588M
Common & Preferred Stock Dividends Paid	-384M	-439M	-558M	-571M	-588M
Other Financing Activities, Total	-211M	150M	1.42B	-887M	-642M
Cash from Financing	-10.11B	-4.74B	-6.98B	-1.3B	4.83B
Net Change in Cash	390M	448M	89.19M	55.18M	221M
Supplemental Items
Cash Interest Paid	512M	506M	506M	1.36B	1.74B
Cash Income Tax Paid (Refund)	3.63M	23.51M	4.01M	6.52M	12.18M
Net Debt Issued / Repaid	-9.9B	-5.42B	-7.84B	159M	5.65B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-3.48	2.21	2.72	1.86	2.2
Return On Equity %	-21.44	13.32	14.38	8.94	12.56
Return on Common Equity	-26.06	14.33	15.68	9.32	13.59
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	-804.07	70.39	57.13	53.23	52.43
Income From Continuing Operations Margin %	902.79	26.75	26.09	22.61	24.86
Net Income Margin %	937.81	25.64	25.33	22.31	24.6
Net Avail. For Common Margin %	973.92	23.43	22.95	19.09	22.05
Normalized Net Income Margin	589.51	18.79	26.81	17.3	19.53
Asset Turnover
Asset Turnover	-0	0.08	0.1	0.08	0.09
Short Term Liquidity
Current Ratio	0.85	1.79	1.24	1.14	0.74
Quick Ratio	0.2	0.4	0.5	0.51	0.25
Operating Cash Flow to Current Liabilities	0.12	0.24	0.65	0.09	-0.09
Long Term Solvency
Total Debt/Equity	476.72	449.19	314.13	341.28	420.47
Total Debt / Total Capital	82.66	81.79	75.85	77.34	80.79
LT Debt/Equity	225.61	307.11	198.73	206.44	172.18
Long-Term Debt / Total Capital	39.12	55.92	47.99	46.78	33.08
Total Liabilities / Total Assets	83.67	83.22	78.42	79.89	82.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-109.67	-2.1K	24.5	-37.27	34.29
Gross Profit, 1 Yr. Growth %	-109.67	-2.1K	24.5	-37.27	34.29
Earnings From Cont. Operations, 1 Yr. Growth %	-324.06	-159.34	22.06	-35.86	49.28
Net Income, 1 Yr. Growth %	-350.38	-154.75	23.61	-34.81	49.7
Normalized Net Income, 1 Yr. Growth %	-362.47	-163.83	77.58	-52.23	53.21
Diluted EPS Before Extra, 1 Yr. Growth %	-363.05	-142.84	19.21	-38.89	51.82
Common Equity, 1 Yr. Growth %	-33.06	18.49	6.44	1.12	13.71
Total Assets, 1 Yr. Growth %	-25.88	19.52	-18.28	8.72	15.94
Tangible Book Value, 1 Yr. Growth %	-33.3	15.05	6.77	-4.2	16.1
Cash From Operations, 1 Yr. Growth %	-214.38	53.91	138.36	-83.98	-415.05
Dividend Per Share, 1 Yr. Growth %	-75	80	11.11	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-68.67	39.15	455.35	-19.2	-7.93
Gross Profit, 2 Yr. CAGR %	-68.67	39.15	455.35	-19.2	-7.93
Earnings From Cont. Operations, 2 Yr. CAGR %	16.26	15.3	-14.9	-11.52	-2.15
Net Income, 2 Yr. CAGR %	20.96	17.09	-17.73	-10.23	-1.21
Normalized Net Income, 2 Yr. CAGR %	27.85	29.44	6.51	-8.55	-14.45
Diluted EPS Before Extra, 2 Yr. CAGR %	12	6.15	-28.54	-14.65	-3.68
Common Equity, 2 Yr. CAGR %	-13.3	-10.94	12.31	3.75	7.23
Total Assets, 2 Yr. CAGR %	2.43	-5.88	-1.17	-5.74	15.39
Tangible Book Value, 2 Yr. CAGR %	-13.6	-12.4	10.83	1.13	5.46
Cash From Operations, 2 Yr. CAGR %	22.88	34.33	91.54	-38.2	-38.37
Dividend Per Share, 2 Yr. CAGR %	-50	-32.92	41.42	5.41	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-54.58	25.27	34.32	183.68	-3.96
Gross Profit, 3 Yr. CAGR %	-52.31	25.27	34.32	183.68	-3.96
Earnings From Cont. Operations, 3 Yr. CAGR %	10.19	-7.09	17.51	-22.55	5.33
Net Income, 3 Yr. CAGR %	13.78	-7.13	19.22	-23.87	6.45
Normalized Net Income, 3 Yr. CAGR %	9.15	1.43	44.09	-18.47	8.61
Diluted EPS Before Extra, 3 Yr. CAGR %	3.82	-18.7	10.34	-32.17	3.41
Common Equity, 3 Yr. CAGR %	-1.31	-3.79	-5.49	8.45	6.97
Total Assets, 3 Yr. CAGR %	14.39	7.84	-10.21	2.02	5.03
Tangible Book Value, 3 Yr. CAGR %	-1.78	-4.95	-6.43	5.57	5.9
Cash From Operations, 3 Yr. CAGR %	27.3	32.88	62.62	-16.23	-13.99
Dividend Per Share, 3 Yr. CAGR %	-36.79	-23.37	-20.63	25.99	3.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-17.3	30.49	18.62	12.73	19.48
Gross Profit, 5 Yr. CAGR %	-17.02	32.26	22.14	12.73	19.48
Earnings From Cont. Operations, 5 Yr. CAGR %	36.94	6.69	-0.63	-8.89	9.21
Net Income, 5 Yr. CAGR %	39.33	8.89	-0.06	-8.38	10.58
Normalized Net Income, 5 Yr. CAGR %	39.69	12.77	8.19	-2.31	16.97
Diluted EPS Before Extra, 5 Yr. CAGR %	21.71	-6.55	-10.59	-17.1	4.5
Common Equity, 5 Yr. CAGR %	10.03	10.38	3.92	-0.84	-0.59
Total Assets, 5 Yr. CAGR %	16.96	16.65	7.89	2.19	0.52
Tangible Book Value, 5 Yr. CAGR %	9.71	9.42	3.08	-2.56	-1.84
Cash From Operations, 5 Yr. CAGR %	43.36	38.75	50.18	-2.17	6.46
Dividend Per Share, 5 Yr. CAGR %	-22.16	-13.33	-12.77	-12.94	-12.94