Also trades as: RITM-PD (NYSE) · $vol 2M · RITM-PC (NYSE) · $vol 1M · RITM-PB (NYSE) · $vol 1M · RITM-PA (NYSE) · $vol 0M · 0K76.L (LSE) · $vol 0M

$9.39

+0.17 (+1.84%)

Weekly Expected Move ±5.5%

$8 $9 $9 $10 $10

NYSE · Real Estate · REIT - Diversified · Tech Score Buy · Power 59 · $5.2B mcap · 556M float · 1.09% daily turnover · Short 59% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$5.7B +20.0% ▲

5Y CAGR: +31.3%

Gross Profit

$5.1B +15.0% ▲

5Y CAGR: +35.0%

Operating Income

$2.5B -18.2% ▼

Net Income

$681M -26.8% ▼

EPS (Diluted)

$1.04 -37.7% ▼

EBITDA

$1.4B -56.7% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.9B	$1.7B	$3.8B	$4.7B	$5.7B
YoY Growth	+99.1%	-42.4%	+125.1%	+26.1%	+20.0%
Cost of Revenue	$343M	$642M	$176M	$265M	$541M
Gross Profit	$2.6B	$1.0B	$3.6B	$4.5B	$5.1B
Gross Margin	88.2%	61.6%	95.3%	94.4%	90.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.3B	$1.5B	$1.0B	$1.4B	$0
Operating Expenses	$1.1B	-$1.0B	$1.4B	$1.4B	$2.6B
Operating Income	$1.4B	$2.0B	$2.2B	$3.1B	$2.5B
Operating Margin	48.8%	122.3%	57.3%	65.3%	44.6%
Interest Expense	$0	$0	$0	$0	$440M
Income Before Tax	$964M	$1.3B	$753M	$1.2B	$806M
Tax Expense	$158M	$280M	$122M	$267M	$88M
Net Income	$772M	$955M	$622M	$932M	$681M
Net Margin	26.7%	57.2%	16.6%	19.7%	12.0%
EPS (Diluted)	$1.51	$1.80	$1.10	$1.67	$1.04
EBITDA	$1.4B	$2.1B	$2.2B	$3.1B	$1.4B
Shares Outstanding	468M	482M	484M	500M	565M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$1.1B	$1.3B	$1.2B	$1.3B	$1.7B	$1.4B	$1.3B	$1.8B
Cost of Revenue	$83M	$93M	$89M	$103M	$151M	$431M	$464M	$0
Gross Profit	$1.0B	$1.2B	$1.1B	$1.2B	$1.5B	$950M	$818M	$1.8B
Gross Margin	92.4%	93.0%	92.8%	92.3%	90.9%	68.8%	63.8%	100.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$371M	$345M	$370M	$237M	$0	$336M	$718M	$703M
Operating Expenses	$67M	$738M	$404M	$575M	$866M	$807M	$811M	$796M
Operating Income	$941M	$491M	$741M	$655M	$646M	$143M	$7M	$961M
Operating Margin	86.3%	37.1%	60.1%	49.1%	38.9%	10.3%	0.5%	54.7%
Interest Expense	$0	$0	$0	$418M	$440M	$431M	$464M	$481M
Income Before Tax	$493M	$57M	$306M	$237M	$206M	$154M	$87M	$519M
Tax Expense	$201M	-$24M	-$12M	$8M	$116M	$45M	$19M	$258M
Net Income	$290M	$63M	$312M	$222M	$85M	$109M	$56M	$253M
Net Margin	26.6%	4.8%	25.3%	16.6%	5.1%	7.9%	4.4%	14.4%
EPS (Diluted)	$0.50	$0.07	$0.53	$0.35	$0.09	$0.12	$0.04	$0.38
EBITDA	$948M	$498M	$749M	$260M	$682M	$223M	$100M	$1.1B
Shares Outstanding	526M	531M	537M	551M	565M	566M	568M	573M

RITM NYSE