For the year ending 2025-12-31, RITM-PA had $871,604K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 718,092 | 941,492 | 630,674 | 983,285 |
| Change in fair value of investments, net | 64,557 | -336,946 | -843,878 | 1,108,366 |
| Change in fair value of equity investments | - | - | -28,407 | -13,265 |
| Change in fair value of secured notes and bonds payable | -25,348 | -5,885 | -17,155 | 45,792 |
| (gain) loss on settlement of investments, net | 108,947 | 129,353 | 820,238 | -1,359,679 |
| Gain on sale of originated residential mortgage loans, held-for-sale, net | 729,526 | 682,535 | 508,434 | 1,086,232 |
| Gain on transfer of loans to real estate owned (reo) | 1,244 | 789 | 10,224 | 7,726 |
| Accretion and other amortization | 7,040 | 87,713 | 120,699 | 91,891 |
| Reversal of credit losses on securities, loans and reo | -4,900 | -319 | -478 | 14,962 |
| Non-cash portions of servicing revenue, net | -1,233,580 | -251,214 | -618,005 | 645,361 |
| Deferred tax provision | 60,349 | 254,402 | 90,002 | 271,167 |
| Mortgage loans originated and purchased for sale, net of fees | 66,258,404 | 60,360,268 | 39,817,843 | 76,420,262 |
| Sales proceeds and loan repayment proceeds for residential mortgage loans, held-for-sale | 63,444,610 | 57,315,698 | 40,420,708 | 83,313,008 |
| Loan originations and draws of consolidated entities | - | 0 | - | - |
| Sales proceeds and loan repayment proceeds of consolidated entities | 997,441 | 386,668 | - | - |
| Residential transition loans repayment proceeds of consolidated entities | 0 | 0 | - | - |
| Interest received from servicer advance investments, rmbs, loans and other | 48,697 | 56,170 | 54,485 | 62,375 |
| Interest received from reverse repurchase agreements | 0 | 57,423 | - | - |
| Premiums collected on insurance contract liabilities | 39,026 | - | - | - |
| Increase (decrease) in benefits paid on insurance contract liabilities | 4,629 | - | - | - |
| Principal repayments and sales proceeds of investments of consolidated entities | 0 | 318,877 | - | - |
| Loan originations and investment purchases of consolidated entities | 529,436 | 474,120 | - | - |
| Servicer advances receivable | -44,313 | 222,862 | -15,022 | 36,695 |
| Other assets | 128,400 | 63,179 | 428,763 | -405,469 |
| Due to affiliates | - | 0 | 0 | -17,819 |
| Accrued expenses and other liabilities | -66,424 | -88,838 | 89,897 | -89,003 |
| Net cash provided by (used in) operating activities | -1,292,051 | -2,185,201 | 1,101,554 | 6,874,063 |
| Business acquisitions, net of cash acquired | - | 603,778 | 324,783 | 0 |
| Business acquisitions, net of cash acquired-Series Of Individually Immaterial Business Acquisitions | 156,335 | - | - | - |
| Purchase of servicer advance investments | 692,755 | 781,896 | 852,015 | 988,847 |
| Purchase of excess msrs | 0 | 122,887 | - | - |
| Purchase of government-backed and other securities | 2,513,095 | 1,249,562 | - | - |
| Purchase of msrs, msr financing receivables and servicer advances receivable | - | - | - | 542 |
| Proceeds from sale of government-backed and other securities | 3,121,310 | 2,583,782 | - | - |
| Purchase of rmbs | - | - | 4,094,934 | 15,629,483 |
| Purchase of treasury securities | 98,954 | 12,360,987 | 998,148 | - |
| Treasury sales and treasury securities payable | 3,269,180 | 7,238,851 | 1,765,360 | - |
| Reverse repurchase agreements entered and repurchase agreements closed | 507,863 | 2,287,188 | 1,769,601 | - |
| Reverse repurchase agreements closed and repurchase agreements entered | 503,863 | 4,060,788 | - | - |
| Purchase of residential mortgage loans | - | 0 | 0 | 7,182 |
| Maturity of treasury securities | 100,000 | 75,000 | 1,030,000 | - |
| Purchase of sfr properties, msrs and other assets | 402,586 | 449,931 | 106,351 | 416,068 |
| Purchase of residential transition loans | 9,014 | 0 | 146,631 | - |
| Origination of residential transition loans | 4,130,256 | 2,873,016 | - | - |
| Purchase of consumer loans | 500,334 | - | - | - |
| Draws on revolving consumer loans | 22,123 | 24,091 | 27,510 | 29,615 |
| Business acquisitions, net of cash acquired-Paramount Group Inc. | 903,606 | - | - | - |
| Purchase of insurance company investments, at fair value | 152,757 | - | - | - |
| Net settlement of derivatives | - | - | - | -311,073 |
| Net settlement of derivatives and hedges | -187,112 | -129,401 | -867,637 | - |
| Return of investments in excess msrs | 39,720 | 38,188 | 31,940 | 17,701 |
| Return of investments in equity method investees | 6,084 | 32,358 | - | - |
| Principal repayments from servicer advance investments | 737,832 | 808,963 | 880,861 | 1,033,326 |
| Principal repayments from government, government-backed and other securities | 841,725 | 751,318 | 693,546 | 1,091,538 |
| Principal repayments from residential mortgage loans | 42,125 | 45,159 | 47,735 | 85,836 |
| Principal repayments from consumer loans | 423,156 | 560,518 | 439,540 | 140,574 |
| Principal repayments and sales proceeds of residential transition loans/ principal repayments and sales proceeds of investments of consolidated entities-Consolidated Entity Excluding Variable Interest Entities VIE | 2,182,459 | 1,393,658 | - | - |
| Principal repayments from msrs and msr financing receivables | - | - | - | 1,509 |
| Principal repayments and sales proceeds of residential transition loans/ principal repayments and sales proceeds of investments of consolidated entities-Variable Interest Entity Not Primary Beneficiary | 94,623 | - | - | - |
| Proceeds from sale of msrs and msr financing receivables | - | - | 705,300 | 9,189 |
| Principal repayments and sales proceeds of residential transition loans/ principal repayments and sales proceeds of investments of consolidated entities-Variable Interest Entity Primary Beneficiary | 1,164,395 | 592,940 | - | - |
| Proceeds from sale of rmbs | - | - | 2,087,419 | 14,565,043 |
| Loan originations and investment purchases of consolidated entities | 0 | 4,766 | - | - |
| Proceeds from sale of residential mortgage loans | - | - | 0 | 0 |
| Settlement of sale of msrs and msr financing receivables | -5,970 | 8,305 | - | - |
| Proceeds from sale of reo | 41,606 | 30,327 | 23,153 | 14,201 |
| Net cash provided by (used in) investing activities | 2,671,482 | -2,425,156 | 252,518 | 198,253 |
| Repayments of secured financing agreements | 55,572,991 | 68,587,878 | 48,921,875 | 55,998,234 |
| Repayments of warehouse credit facilities including those related to the initial consolidation of clos | 82,290,667 | 65,260,271 | 41,096,041 | 83,793,352 |
| Repayment of unsecured notes | 291,476 | 275,000 | - | - |
| Net settlement of margin deposits under repurchase agreements and derivatives | -224,430 | 611,229 | 862,662 | -1,460,458 |
| Repayments of secured notes and bonds payable | 6,535,396 | 5,803,196 | 7,636,954 | 4,696,136 |
| Deferred financing fees | 20,089 | 17,915 | 7,364 | 11,062 |
| Dividends paid on common and preferred stock | 643,195 | 588,058 | 570,878 | 558,301 |
| Borrowings under secured financing agreements | 51,112,501 | 70,352,653 | 50,079,186 | 54,385,892 |
| Borrowings under warehouse credit facilities | 83,707,018 | 67,274,958 | 41,065,479 | 76,069,417 |
| Borrowings under residential transition loans financing | 88,422 | - | - | - |
| Borrowings under notes receivable financing | 0 | 364,977 | - | - |
| Borrowings under secured notes and bonds payable | 7,730,129 | 5,529,900 | 6,669,483 | 6,192,823 |
| Proceeds from issuance of unsecured senior notes | 495,000 | 767,103 | - | - |
| Proceeds from issuance of debt obligations of consolidated entities | 1,235,975 | 2,013,765 | - | - |
| Repayments of debt obligations of consolidated entities | 603,389 | 725,946 | - | - |
| Issuance of common stock | 398,077 | - | - | - |
| Issuance of common and preferred stock | - | 409,957 | 0 | 0 |
| Issuance of preferred stock | 183,536 | - | - | - |
| Repurchase of preferred stock | 50,000 | 0 | 0 | 5,227 |
| Net proceeds from issuance of class a units of spac | 230,000 | - | - | - |
| Contributions from non-controlling and redeemable non-controlling interests | 108,003 | 42,627 | - | - |
| Distributions to non-controlling and redeemable non-controlling interests | 13,715 | 29,334 | 17,261 | 27,047 |
| Payment of contingent consideration | - | 0 | 0 | 2,355 |
| Purchase of non-controlling interest | 0 | 26,042 | - | - |
| Net cash provided by (used in) financing activities | -507,827 | 4,831,071 | -1,298,887 | -6,983,124 |
| Net increase in cash, cash equivalents and restricted cash | 871,604 | 220,714 | 55,185 | 89,192 |
| Cash, cash equivalents, and restricted cash, beginning of period | - | - | - | 1,528,442 |
| Cash, cash equivalents, and restricted cash, end of period | - | - | - | 1,617,634 |
Rithm Capital Corp. (RITM-PA)
Rithm Capital Corp. (RITM-PA)