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Ready Capital Corporation RC
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 7.02
-0.707 %
$ 1.18 B
Market Cap
-8.77
P/E
INCOME STATEMENT
1.15 B REVENUE
148.87%
Growth Rates
1Year 148.87%
3Years 61.85%
5Years 48.56%
7Years 37.24%
10Years 53.04%
879 M OPERATING INCOME
40.74%
Growth Rates
1Year 40.74%
3Years 154.64%
5Years 56.00%
7Years 212.40%
10Years 56.91%
351 M NET INCOME
72.89%
Growth Rates
1Year 72.89%
3Years 96.82%
5Years 41.71%
7Years 30.14%
10Years 46.81%
EFFICIENCY
Earnings Waterfall Ready Capital Corporation
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Revenue 1.15 B
Cost Of Revenue 757 M
Gross Profit 389 M
Operating Expenses 163 M
Operating Income 879 M
Other Expenses 528 M
Net Income 351 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012
REVENUE
Revenue 1 145.4 460.2 383.4 270.1 146.1 158.3 152.8 124.9 58.0 49.7 16.3 24.4
GROSS PROFIT
Cost Of Revenue 756.9 55.3 58.4 54.4 33.2 28.7 77.0 65.6 18.8 17.3 7.1 1.4
Gross Profit 388.5 404.9 325.0 215.8 113.0 129.5 75.8 59.3 39.1 32.4 9.2 23.1
OPERATING INCOME
Operating Expenses 162.5 18.1 (196.5) (216.9) 49.0 121.5 86.2 71.7 50.9 14.5 9.6 2.4
Selling, General and Administrative Expenses 34.7 131.2 118.4 115.6 66.4 70.1 66.9 35.8 30.9 3.8 2.6 0.2
Research and Development Expenses 0 9.0 8.0 6.7 4.8 0.205 0.17 0.368 2.4 2.7 0 0
Operating Income 879.3 624.8 186.8 53.3 62.4 (121.5) (51.8) (0.3) (31.9) 5.3 9.7 3.8
PRE-TAX INCOME
Interest Income Expense 716.5 400.8 213.6 175.5 151.9 109.2 74.6 57.8 18.8 17.3 7.1 1.4
Total Other Income (520.9) (16.0) 224.0 (212.6) (69.5) (28.0) 1.8 9.7 18 932.0 23.7 (1.1) 0
Pre-Tax Income 358.4 232.9 189.1 54.5 64.5 62.8 47.7 65.2 3.0 29.0 7.6 20.3
NET INCOME
Tax Provision 7.2 29.7 29.1 8.4 (10.6) 1.4 1.8 9.7 4.4 (0.9) 0.9 0.4
Net Income 339.5 194.3 157.7 44.9 73.0 59.3 43.3 49.2 (1.3) 26.7 6.7 19.9
EPS 2.26 1.65 2.06 0.81 1.72 1.85 1.38 1.85 0.0452 3.35 0.92 2.5