For the year ending 2025-12-31, RITM made $4,590,228K in revenue. $567,200K in net income. Net profit margin of 12.36%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 4,590,228 | 5,205,836 | 3,798,177 | 4,726,927 |
| Interest expense and warehouse line fees | 1,662,433 | 1,835,325 | 1,421,254 | 791,001 |
| Legal and professional | 136,520 | 104,459 | - | - |
| Loan origination | 64,762 | 51,313 | - | - |
| Occupancy | 62,883 | 61,305 | - | - |
| Subservicing | 52,614 | 70,580 | - | - |
| Loan servicing | 148,741 | 41,958 | - | - |
| Property and maintenance | 124,922 | 122,581 | - | - |
| Depreciation and amortization | 107,477 | 124,131 | - | - |
| Information technology | 121,630 | 129,710 | - | - |
| Insurance-related expenses | 5,392 | - | - | - |
| Other | 186,623 | 162,447 | - | - |
| General and administrative | 1,011,564 | 868,484 | 730,752 | 875,428 |
| Compensation and benefits | 1,318,879 | 1,134,768 | 787,092 | 1,231,446 |
| Management fee to affiliate | - | 0 | 0 | 46,174 |
| Termination fee to affiliate | - | 0 | 0 | 400,000 |
| Total operating expenses | 3,992,876 | 3,838,577 | 2,939,098 | 3,344,049 |
| Realized and unrealized gains, net | 125,867 | -215,705 | -37,236 | 1,108,290 |
| Gain (loss) on settlement of investments, net | - | - | - | -1,359,679 |
| Other income (loss), net | 83,164 | 57,255 | -69,010 | 131,312 |
| Total other income (loss) | 209,031 | -158,450 | -106,246 | -120,077 |
| Income (loss) before income taxes | 806,383 | 1,208,809 | 752,833 | 1,262,801 |
| Income tax expense | 88,291 | 267,317 | 122,159 | 279,516 |
| Net income (loss) | 718,092 | 941,492 | 630,674 | 983,285 |
| Non-controlling interests in income of consolidated subsidiaries | 8,820 | - | - | - |
| Redeemable non-controlling interests in income of consolidated subsidiaries | 12,215 | - | - | - |
| Net income (loss) attributable to rithm capital corp | 697,057 | - | - | - |
| Noncontrolling interests in income of consolidated subsidiaries | - | 9,989 | 8,417 | 28,766 |
| Change in redemption value of redeemable non-controlling interests | -15,611 | - | - | - |
| Dividends on preferred stock | 114,246 | 96,456 | 89,579 | 89,726 |
| Net income (loss) attributable to common stockholders - diluted | - | - | 532,678 | - |
| Net income (loss) attributable to common stockholders | 567,200 | 835,047 | - | 864,793 |
| Basic EPS | 1.05 | 1.69 | 1.11 | 1.84 |
| Diluted EPS | 1.04 | 1.67 | 1.1 | 1.8 |
| Basic Average Shares | 537,879,037 | 495,479,956 | 481,934,951 | 468,836,718 |
| Diluted Average Shares | 546,091,491 | 499,597,670 | 483,716,715 | 481,636,125 |
Rithm Capital Corp. (RITM)
Rithm Capital Corp. (RITM)