Rithm Capital Corp
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States. It operates through Origination and Servicing, Investment Portfolio, Residential Transitional Lending, and Asset Management segments. The company's investment portfolio primarily comprises of single-family rental properties, title, appraisal and property preservation and m… Read more
Rithm Capital Corp (RITM-PE) - Net Assets
Latest net assets as of September 2025: $8.91 Billion USD
Based on the latest financial reports, Rithm Capital Corp (RITM-PE) has net assets worth $8.91 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.17 Billion) and total liabilities ($38.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.91 Billion |
| % of Total Assets | 18.89% |
| Annual Growth Rate | 5.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.02 |
Rithm Capital Corp - Net Assets Trend (2021–2024)
This chart illustrates how Rithm Capital Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rithm Capital Corp (2021–2024)
The table below shows the annual net assets of Rithm Capital Corp from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.89 Billion | +11.06% |
| 2023-12-31 | $7.10 Billion | +1.30% |
| 2022-12-31 | $7.01 Billion | +5.11% |
| 2021-12-31 | $6.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rithm Capital Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 76605700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.84 Billion | 100.60% |
| Total Equity | $7.79 Billion | 100.00% |
Rithm Capital Corp Competitors by Market Cap
The table below lists competitors of Rithm Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neurocrine Biosciences Inc
NASDAQ:NBIX
|
$12.95 Billion |
|
Bper Banca SpA
IL:0MU6
|
$12.96 Billion |
|
Kajima Corporation
F:KAJ
|
$12.96 Billion |
|
Adani Ports and Special Economic Zone Limited
NSE:ADANIPORTS
|
$12.97 Billion |
|
Sun Hung Kai Properties Limited
PINK:SUHJF
|
$12.91 Billion |
|
Domino's Pizza Inc Common Stock
NASDAQ:DPZ
|
$12.91 Billion |
|
IREN Ltd
NASDAQ:IREN
|
$12.89 Billion |
|
FIGIF
PINK:FIGIF
|
$12.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rithm Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,006,942,000 to 7,794,974,000, a change of 788,032,000 (11.2%).
- Net income of 931,503,000 contributed positively to equity growth.
- Dividend payments of 588,058,000 reduced retained earnings.
- New share issuances of 409,957,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $931.50 Million | +11.95% |
| Dividends Paid | $588.06 Million | -7.54% |
| Share Issuances | $409.96 Million | +5.26% |
| Other Changes | $34.63 Million | +0.44% |
| Total Change | $- | 11.25% |
Book Value vs Market Value Analysis
This analysis compares Rithm Capital Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $14.15 | $24.52 | x |
| 2022-12-31 | $14.66 | $24.52 | x |
| 2023-12-31 | $14.50 | $24.52 | x |
| 2024-12-31 | $14.97 | $24.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rithm Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.84%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 5.91x
- Recent ROE (11.95%) is above the historical average (11.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.69% | 29.18% | 0.07x | 6.02x | $111.82 Million |
| 2022 | 13.75% | 26.87% | 0.10x | 4.98x | $260.22 Million |
| 2023 | 8.88% | 29.52% | 0.05x | 5.67x | $-78.44 Million |
| 2024 | 11.95% | 30.84% | 0.07x | 5.91x | $152.01 Million |
Industry Comparison
This section compares Rithm Capital Corp's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,096,262,362
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rithm Capital Corp (RITM-PE) | $8.91 Billion | 11.69% | 4.29x | $12.94 Billion |
| Arbor Realty Trust (ABR) | $361.58 Million | 13.94% | 5.10x | $1.46 Billion |
| Acres Commercial Realty Corp (ACR) | $228.83 Million | 2.77% | 6.85x | $126.82 Million |
| Ares Commercial Real Estate (ACRE) | $456.49 Million | 7.51% | 2.02x | $265.18 Million |
| AFC Gamma Inc (AFCG) | $91.65 Million | 11.30% | 0.03x | $40.49 Million |
| AGNC Investment Corp (AGNCL) | $546.82 Million | 21.69% | 7.46x | $27.70 Billion |
| AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) | $6.21 Billion | 12.40% | 8.33x | $245.43K |
| Great Ajax Corp (AJX) | $282.72 Million | 9.85% | 2.39x | $347.80K |
| Angel Oak Mortgage Inc (AOMR) | $44.05 Million | -14.07% | 8.78x | $127.29 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $2.63 Billion | 8.75% | 1.62x | $1.36 Billion |
| ARMOUR Residential REIT Inc (ARR) | $108.71 Million | 6.01% | 10.12x | $2.04 Billion |