Rithm Capital (RITM) Revenue & Revenue Breakdown


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Rithm Capital Revenue Highlights


Latest Revenue (Y)

$1.29B

Latest Revenue (Q)

$-254.16M

Main Segment (Y)

Mortgage Loans Receivable Segment

Rithm Capital Revenue by Period


Rithm Capital Revenue by Year

DateRevenueChange
2023-12-31$1.29B-66.07%
2022-12-31$3.82B25.48%
2021-12-31$3.04B-14351.04%
2020-12-31$-21.34M-101.53%
2019-12-31$1.39B-2.58%
2018-12-31$1.43B2.91%
2017-12-31$1.39B68.85%
2016-12-31$822.75M143.18%
2015-12-31$338.33M-29.28%
2014-12-31$478.43M52.58%
2013-12-31$313.55M656.36%
2012-12-31$41.45M-

Rithm Capital generated $1.29B in revenue during NA 2023, up -66.07% compared to the previous quarter, and up 90.56% compared to the same period a year ago.

Rithm Capital Revenue by Quarter

DateRevenueChange
2024-09-30$-254.16M-122.54%
2024-06-30$1.13B103.40%
2024-03-31$554.38M3394.57%
2023-12-31$15.86M-97.56%
2023-09-30$650.40M-20.13%
2023-06-30$814.33M89.74%
2023-03-31$429.18M-11.56%
2022-12-31$485.27M-28.83%
2022-09-30$681.88M-37.55%
2022-06-30$1.09B1086.72%
2022-03-31$92.01M-90.56%
2021-12-31$974.92M21.48%
2021-09-30$802.55M59.99%
2021-06-30$501.63M-34.47%
2021-03-31$765.55M66.54%
2020-12-31$459.67M-17.10%
2020-09-30$554.51M98.27%
2020-06-30$279.68M-119.96%
2020-03-31$-1.40B-375.17%
2019-12-31$509.27M19.94%
2019-09-30$424.60M134.08%
2019-06-30$181.38M-51.46%
2019-03-31$373.70M234.72%
2018-12-31$111.65M-74.39%
2018-09-30$435.99M13.26%
2018-06-30$384.95M-15.75%
2018-03-31$456.93M1.68%
2017-12-31$449.36M51.74%
2017-09-30$296.14M-43.68%
2017-06-30$525.87M163.52%
2017-03-31$199.56M-40.15%
2016-12-31$333.41M59.36%
2016-09-30$209.21M31.67%
2016-06-30$158.89M27.32%
2016-03-31$124.80M56.59%
2015-12-31$79.70M7.47%
2015-09-30$74.16M-41.56%
2015-06-30$126.91M124.61%
2015-03-31$56.50M-32.65%
2014-12-31$83.89M-32.44%
2014-09-30$124.17M-42.29%
2014-06-30$215.17M296.71%
2014-03-31$54.24M-34.65%
2013-12-31$82.99M54.31%
2013-09-30$53.78M1.84%
2013-06-30$52.81M245.37%
2013-03-31$15.29M-33.34%
2012-12-31$22.94M91.23%
2012-09-30$12.00M167.85%
2012-06-30$4.48M119.88%
2012-03-31$2.04M-

Rithm Capital generated $-254.16M in revenue during Q3 2024, up -122.54% compared to the previous quarter, and up -31.21% compared to the same period a year ago.

Rithm Capital Revenue Breakdown


Rithm Capital Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Asset Management Segment$86.47M-
Corporate Segment-$20.78M
Mortgage Loans Receivable Segment$241.93M$166.48M
Servicing-$2.40B
Servicer And Origination-$4.13B
Consumer Loans-$68.79M
MSR Related Investments-$506.82M
Origination-$1.21B

Rithm Capital's latest annual revenue breakdown by segment (product or service), as of Dec 23: Mortgage Loans Receivable Segment (73.67%), and Asset Management Segment (26.33%).

Quarterly Revenue by Product

Product/ServiceSep 24Dec 23Sep 23Jun 23Mar 23Sep 22
Interest Revenue$550.73M-----
Asset Management$81.04M-----
Product and Service, Other$57.21M-----
Mortgage Loans Receivable Segment-$65.32M$59.46M$58.81M$58.34M$42.34M
Corporate Segment--$2.14M$1.95M$2.65M$5.39M
MSR Related Investments--$30.43M$117.59M$40.20M$56.81M
Origination--$155.98M$160.68M$138.35M$256.56M
Servicing--$613.25M$518.50M$391.53M$456.40M
Servicer And Origination--$799.66M$796.77M$570.08M$769.77M
Consumer Loans--$58.95M$24.40M$14.29M$16.46M

Rithm Capital's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Interest Revenue (79.93%), Asset Management (11.76%), and Product and Service, Other (8.30%).

Rithm Capital Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
STWDStarwood Property Trust$2.05B$479.54M
RITMRithm Capital$1.29B$-254.16M
AGNCAGNC Investment$883.00M$-546.00M
ABRArbor Realty Trust$721.01M$31.14M
CIMChimera Investment$700.71M$177.37M
BXMTBlackstone Mortgage Trust$670.66M$111.95M
ARIApollo Commercial Real Estate Finance$344.59M$71.57M
IVRInvesco Mortgage Capital$277.93M$118.03M
ORCOrchid Island Capital$181.22M$-140.82M
ARRARMOUR Residential REIT$150.48M$411.51M
ACREAres Commercial Real Estate$92.93M$27.89M
NYMTNew York Mortgage Trust$66.53M$20.24M
EFCEllington Financial-$33.63M
TWOTwo Harbors Investment$-556.75M$-368.50M
NLYAnnaly Capital Management$-1.65B$-2.12B

RITM Revenue FAQ


What is Rithm Capital’s yearly revenue?

Rithm Capital's yearly revenue for 2023 was $1.29B, representing a decrease of -66.07% compared to 2022. The company's yearly revenue for 2022 was $3.82B, representing an increase of 25.48% compared to 2021. RITM's yearly revenue for 2021 was $3.04B, representing a decrease of -14351.04% compared to 2020.

What is Rithm Capital’s quarterly revenue?

Rithm Capital's quarterly revenue for Q3 2024 was $-254M, a -122.54% decrease from the previous quarter (Q2 2024), and a -139.08% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.13B, a 103.40% increase from the previous quarter (Q1 2024), and a 38.47% increase year-over-year (Q2 2023). RITM's quarterly revenue for Q1 2024 was $554.38M, a 3394.57% increase from the previous quarter (Q4 2023), and a 29.17% increase year-over-year (Q1 2023).

What is Rithm Capital’s revenue growth rate?

Rithm Capital's revenue growth rate for the last 3 years (2021-2023) was -57.43%, and for the last 5 years (2019-2023) was -7.04%.

What are Rithm Capital’s revenue streams?

Rithm Capital's revenue streams in c 23 are Asset Management Segment, and Mortgage Loans Receivable Segment. Asset Management Segment generated $86.47M in revenue, accounting 26.33% of the company's total revenue Mortgage Loans Receivable Segment generated $241.93M in revenue, accounting 73.67% of the company's total revenue, up 45.32% year-over-year.

What is Rithm Capital’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Rithm Capital was Mortgage Loans Receivable Segment. This segment made a revenue of $241.93M, representing 73.67% of the company's total revenue.