Rithm Historical Income Statement

RITM Stock  USD 11.15  0.17  1.55%   
Historical analysis of Rithm Capital income statement accounts such as Gross Profit of 1 B, Other Operating Expenses of 1.6 B, Total Operating Expenses of 767.3 M or Income Before Tax of 555.9 M can show how well Rithm Capital Corp performed in making a profits. Evaluating Rithm Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rithm Capital's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Rithm Capital Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rithm Capital Corp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rithm Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Rithm Income Statement Analysis

Rithm Capital Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rithm Capital shareholders. The income statement also shows Rithm investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Rithm Capital Income Statement Chart

At this time, Rithm Capital's Total Other Income Expense Net is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to 0.39, though Operating Income is likely to grow to (212.1 M).

Total Revenue

Total revenue comprises all receipts Rithm Capital Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rithm Capital Corp. It is also known as Rithm Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Rithm Capital Corp income statement and represents the costs associated with goods and services Rithm Capital provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Rithm Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rithm Capital Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rithm Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Rithm Capital's Total Other Income Expense Net is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to 0.39, though Operating Income is likely to grow to (212.1 M).
 2021 2022 2023 (projected)
Research Development0.330.740.2
Cost Of Revenue1.1B1.2B787.1M

Rithm Capital income statement Correlations

0.030.540.2-0.010.57-0.35-0.55-0.22-0.57-0.18-0.1-0.210.210.41-0.170.43-0.55-0.66-0.170.250.52-0.16-0.07
0.030.450.470.420.68-0.06-0.02-0.040.390.30.430.240.350.58-0.40.61-0.73-0.39-0.250.740.75-0.76-0.7
0.540.450.810.670.930.140.070.26-0.130.21-0.410.110.70.890.090.94-0.88-0.86-0.310.290.71-0.09-0.54
0.20.470.810.960.750.640.560.72-0.210.72-0.520.660.770.92-0.170.85-0.66-0.590.180.430.67-0.09-0.58
-0.010.420.670.960.580.770.70.82-0.190.79-0.560.740.660.79-0.180.71-0.46-0.440.250.30.49-0.02-0.47
0.570.680.930.750.58-0.01-0.070.1-0.020.23-0.080.130.690.89-0.090.95-0.98-0.87-0.30.590.91-0.44-0.71
-0.35-0.060.140.640.77-0.010.940.99-0.310.87-0.670.880.380.36-0.150.170.140.090.670.020.010.32-0.1
-0.55-0.020.070.560.7-0.070.940.90.010.78-0.540.790.370.280.00.160.170.190.620.03-0.040.28-0.24
-0.22-0.040.260.720.820.10.990.9-0.390.87-0.730.870.450.46-0.150.270.04-0.030.630.050.090.32-0.12
-0.570.39-0.13-0.21-0.19-0.02-0.310.01-0.39-0.290.55-0.31-0.05-0.160.30.04-0.090.19-0.390.11-0.01-0.31-0.44
-0.180.30.210.720.790.230.870.780.87-0.29-0.320.990.50.56-0.50.34-0.130.010.720.480.38-0.11-0.36
-0.10.43-0.41-0.52-0.56-0.08-0.67-0.54-0.730.55-0.32-0.32-0.29-0.31-0.29-0.21-0.060.24-0.20.460.16-0.72-0.23
-0.210.240.110.660.740.130.880.790.87-0.310.99-0.320.390.46-0.540.25-0.030.090.780.430.29-0.08-0.28
0.210.350.70.770.660.690.380.370.45-0.050.5-0.290.390.850.090.77-0.64-0.530.10.440.64-0.12-0.63
0.410.580.890.920.790.890.360.280.46-0.160.56-0.310.460.85-0.20.93-0.85-0.670.030.560.82-0.21-0.65
-0.17-0.40.09-0.17-0.18-0.09-0.150.0-0.150.3-0.5-0.29-0.540.09-0.2-0.040.09-0.22-0.47-0.52-0.290.360.04
0.430.610.940.850.710.950.170.160.270.040.34-0.210.250.770.93-0.04-0.91-0.78-0.160.520.83-0.3-0.76
-0.55-0.73-0.88-0.66-0.46-0.980.140.170.04-0.09-0.13-0.06-0.03-0.64-0.850.09-0.910.810.38-0.62-0.90.490.72
-0.66-0.39-0.86-0.59-0.44-0.870.090.19-0.030.190.010.240.09-0.53-0.67-0.22-0.780.810.44-0.31-0.720.310.47
-0.17-0.25-0.310.180.25-0.30.670.620.63-0.390.72-0.20.780.10.03-0.47-0.160.380.440.25-0.040.09-0.02
0.250.740.290.430.30.590.020.030.050.110.480.460.430.440.56-0.520.52-0.62-0.310.250.87-0.84-0.8
0.520.750.710.670.490.910.01-0.040.09-0.010.380.160.290.640.82-0.290.83-0.9-0.72-0.040.87-0.69-0.82
-0.16-0.76-0.09-0.09-0.02-0.440.320.280.32-0.31-0.11-0.72-0.08-0.12-0.210.36-0.30.490.310.09-0.84-0.690.64
-0.07-0.7-0.54-0.58-0.47-0.71-0.1-0.24-0.12-0.44-0.36-0.23-0.28-0.63-0.650.04-0.760.720.47-0.02-0.8-0.820.64
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Rithm Capital Account Relationship Matchups

Rithm Capital income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(608.6M)625K1.5B(353.4M)28.2M29.6M
Interest Expense933.8M584.5M497.3M791.0M1.4B1.5B
Selling General Administrative538.0M1.1B2.0B2.1B730.8M637.1M
Total Revenue1.4B(21.3M)3.0B3.8B1.3B1.3B
Gross Profit1.4B(131.5M)1.9B2.6B507.5M1.0B
Other Operating Expenses582.2M1.1B2.1B2.1B1.5B1.6B
Operating Income605.1M(1.4B)930.5M1.8B(223.3M)(212.1M)
Ebit605.1M(1.4B)(60.6M)2.4B(223.3M)(212.1M)
Ebitda605.1M(1.4B)1.4B2.1B(223.3M)(212.1M)
Total Operating Expenses582.2M1.1B(2.1B)875.4M730.8M767.3M
Income Before Tax647.7M(1.3B)963.8M1.3B752.8M555.9M
Total Other Income Expense Net42.6M52.7M(1.2B)(1.0B)976.1M1.0B
Net Income563.3M(1.4B)772.2M954.5M532.7M441.8M
Income Tax Expense41.8M16.9M158.2M279.5M122.2M73.0M
Cost Of Revenue430.6M110.2M1.1B1.2B787.1M429.3M
Research Development0.390.220.920.330.740.2
Tax Provision41.8M16.9M158.2M279.5M74.3M91.2M
Net Interest Income832.4M518.1M313.6M285.0M283.5M438.7M
Interest Income1.8B1.1B810.9M1.1B1.6B1.1B
Net Income From Continuing Ops605.9M(1.4B)805.6M983.3M803.7M521.6M
Net Income Applicable To Common Shares550.0M(1.5B)705.5M864.8M778.3M817.2M
Minority Interest(42.6M)(52.7M)(33.4M)(28.8M)(12.1M)(12.7M)

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When determining whether Rithm Capital Corp is a strong investment it is important to analyze Rithm Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rithm Capital's future performance. For an informed investment choice regarding Rithm Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rithm Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rithm Capital. If investors know Rithm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rithm Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
1
Earnings Share
0.98
Revenue Per Share
6.184
Quarterly Revenue Growth
(0.17)
The market value of Rithm Capital Corp is measured differently than its book value, which is the value of Rithm that is recorded on the company's balance sheet. Investors also form their own opinion of Rithm Capital's value that differs from its market value or its book value, called intrinsic value, which is Rithm Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rithm Capital's market value can be influenced by many factors that don't directly affect Rithm Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rithm Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rithm Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rithm Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.