Rithm Capital Corp. (RITMPD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
799 BROADWAY NEW YORK, NY 10003 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,459 | 1,287 | 1,337 | 1,333 | 945 | 529 | |||
| Cash and cash equivalent | 1,459 | 1,287 | 1,337 | 1,333 | 945 | 529 | |||
| Total current assets: | 1,459 | 1,287 | 1,337 | 1,333 | 945 | 529 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 99 | 104 | 77 | 117 | 27 | 32 | |||
| Property, plant and equipment | 70 | 40 | 38 | 57 | 27 | 18 | |||
| Intangible assets, net (including goodwill) | 466 | 520 | 227 | 228 | 64 | 71 | |||
| Goodwill | 134 | 132 | 85 | 85 | 29 | 30 | |||
| Intangible assets, net (excluding goodwill) | 332 | 388 | 141 | 143 | 34 | 41 | |||
| Deferred income tax assets | 9 | ||||||||
| Total noncurrent assets: | 636 | 664 | 342 | 402 | 118 | 130 | |||
| Other undisclosed assets | 43,955 | 33,361 | 30,801 | 38,008 | 32,189 | 44,205 | |||
| TOTAL ASSETS: | 46,049 | 35,312 | 32,479 | 39,742 | 33,252 | 44,863 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 20,593 | 17,548 | 27,916 | ||||||
| Total current liabilities: | 20,593 | 17,548 | 27,916 | ||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 786 | 802 | 712 | 441 | 8 | ||||
| Deferred income tax liabilities | 786 | 802 | 712 | 441 | 8 | ||||
| Total noncurrent liabilities: | 786 | 802 | 712 | 441 | 8 | ||||
| Other undisclosed liabilities | 37,377 | 27,409 | 24,757 | 12,039 | 10,267 | 9,711 | |||
| Total liabilities: | 38,163 | 28,211 | 25,469 | 33,073 | 27,822 | 37,627 | |||
| Temporary equity, including noncontrolling interest | |||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 7,795 | 7,007 | 6,943 | 6,604 | 5,321 | 7,158 | |||
| Preferred stock | 1,257 | 1,257 | 1,257 | 1,262 | 813 | ||||
| Common stock | 5 | 5 | 5 | 5 | 4 | 4 | |||
| Additional paid in capital | 6,529 | 6,074 | 6,062 | 6,060 | 5,547 | 5,498 | |||
| Accumulated other comprehensive income | 51 | 44 | 38 | 90 | 66 | 682 | |||
| Retained earnings (accumulated deficit) | (47) | (373) | (419) | (813) | (1,109) | 550 | |||
| Other undisclosed equity, attributable to parent | 423 | ||||||||
| Equity, attributable to noncontrolling interest | 91 | 94 | 67 | 65 | 109 | 79 | |||
| Total equity: | 7,886 | 7,101 | 7,010 | 6,669 | 5,430 | 7,236 | |||
| TOTAL LIABILITIES AND EQUITY: | 46,049 | 35,312 | 32,479 | 39,742 | 33,252 | 44,863 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,206 | 3,798 | 4,727 | 3,622 | 1,947 | 2,304 | ||
| Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset | 1,832 | 1,560 | (555) | 385 | ||||
| Net investment income | 1,076 | 811 | 1,103 | 1,766 | ||||
| Cost of revenue | (15) | (110) | (10) | |||||
| Cost of product and service sold | ||||||||
| Provision for loan, lease, and other losses | (15) | (110) | (10) | |||||
| Gross profit: | 5,206 | 3,798 | 4,712 | 3,622 | 1,836 | 2,294 | ||
| Operating expenses | (3,839) | (2,939) | (3,344) | (2,617) | (1,794) | (969) | ||
| Operating income: | 1,367 | 859 | 1,368 | 1,005 | 43 | 1,325 | ||
| Nonoperating income (expense) | (158) | (106) | (32) | (89) | (1,370) | 44 | ||
| Investment income, nonoperating | (158) | (106) | 55 | (89) | (1,370) | |||
| Other nonoperating expense | (87) | |||||||
| Interest and debt expense | (1,421) | (791) | (1) | (66) | (934) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,209 | (668) | 545 | 915 | (1,394) | 436 | ||
| Other undisclosed income from continuing operations before income taxes | 1,421 | 718 | 49 | 53 | 212 | |||
| Income (loss) from continuing operations before income taxes: | 1,209 | 753 | 1,263 | 964 | (1,341) | 648 | ||
| Income tax expense | (267) | (122) | (280) | (158) | (17) | (42) | ||
| Income (loss) from continuing operations: | 941 | 631 | 983 | 806 | (1,358) | 606 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 806 | (1,358) | 606 | |
| Net income (loss): | 941 | 631 | 983 | 806 | (1,358) | 606 | ||
| Net loss attributable to noncontrolling interest | (10) | (8) | (29) | (33) | (53) | (43) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net income (loss) attributable to parent: | 932 | 622 | 955 | 772 | (1,410) | 563 | ||
| Preferred stock dividends and other adjustments | (96) | (90) | (90) | (67) | (54) | (13) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, diluted: | 835 | 533 | 865 | 705 | (1,465) | 550 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 941 | 631 | 983 | 806 | (1,358) | 606 | ||
| Net loss attributable to redeemable noncontrolling interest | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other comprehensive income (loss) | (616) | 265 | ||||||
| Other undisclosed comprehensive income (loss) | 7 | 6 | (53) | 25 | ||||
| Comprehensive income (loss): | 949 | 637 | 931 | 830 | (1,974) | 871 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (10) | (8) | (29) | (33) | (53) | (43) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (96) | (90) | (90) | (67) | (54) | (13) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 842 | 539 | 812 | 730 | (2,081) | 815 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.