
Rithm Capital Corp
NYSE:RITM

Income Statement
Earnings Waterfall
Rithm Capital Corp
Revenue
|
5.1B
USD
|
Cost of Revenue
|
-1.8B
USD
|
Gross Profit
|
3.3B
USD
|
Operating Expenses
|
-2B
USD
|
Operating Income
|
1.3B
USD
|
Other Expenses
|
-427.4m
USD
|
Net Income
|
835m
USD
|
Income Statement
Rithm Capital Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
722
N/A
|
712
-1%
|
657
-8%
|
602
-8%
|
687
+14%
|
812
+18%
|
854
+5%
|
999
+17%
|
1 257
+26%
|
1 365
+9%
|
1 808
+32%
|
2 041
+13%
|
2 152
+5%
|
2 688
+25%
|
2 440
-9%
|
2 461
+1%
|
2 238
-9%
|
1 980
-12%
|
1 933
-2%
|
2 100
+9%
|
2 342
+12%
|
1 569
-33%
|
1 609
+3%
|
1 621
+1%
|
1 418
-12%
|
2 540
+79%
|
2 793
+10%
|
3 043
+9%
|
3 625
+19%
|
4 440
+22%
|
5 107
+15%
|
6 044
+18%
|
6 361
+5%
|
5 310
-17%
|
5 216
-2%
|
4 638
-11%
|
3 663
-21%
|
4 334
+18%
|
4 356
+0%
|
3 668
-16%
|
5 101
+39%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(219)
|
(219)
|
(254)
|
(294)
|
(330)
|
(380)
|
(414)
|
(451)
|
(509)
|
(570)
|
(679)
|
(773)
|
(816)
|
(874)
|
(868)
|
(902)
|
(984)
|
(1 066)
|
(1 144)
|
(1 251)
|
(1 364)
|
(1 384)
|
(1 137)
|
(927)
|
(674)
|
(501)
|
(567)
|
(569)
|
(593)
|
(616)
|
(658)
|
(722)
|
(837)
|
(982)
|
(1 140)
|
(1 304)
|
(1 401)
|
(1 522)
|
(1 659)
|
(1 786)
|
(1 835)
|
|
Gross Profit |
503
N/A
|
493
-2%
|
403
-18%
|
308
-24%
|
357
+16%
|
433
+21%
|
441
+2%
|
548
+24%
|
748
+37%
|
795
+6%
|
1 129
+42%
|
1 269
+12%
|
1 336
+5%
|
1 814
+36%
|
1 572
-13%
|
1 559
-1%
|
1 253
-20%
|
914
-27%
|
788
-14%
|
849
+8%
|
977
+15%
|
186
-81%
|
472
+154%
|
694
+47%
|
745
+7%
|
2 038
+174%
|
2 225
+9%
|
2 474
+11%
|
3 032
+23%
|
3 823
+26%
|
4 449
+16%
|
5 323
+20%
|
5 524
+4%
|
4 327
-22%
|
4 076
-6%
|
3 334
-18%
|
2 262
-32%
|
2 812
+24%
|
2 697
-4%
|
1 882
-30%
|
3 266
+74%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(37)
|
(44)
|
(65)
|
(72)
|
(80)
|
(87)
|
(85)
|
(96)
|
(116)
|
(127)
|
(140)
|
(160)
|
(143)
|
(152)
|
(140)
|
(197)
|
(292)
|
(358)
|
(466)
|
(484)
|
(548)
|
(651)
|
(855)
|
(1 049)
|
(1 244)
|
(1 258)
|
(1 321)
|
(1 583)
|
(1 975)
|
(2 279)
|
(2 448)
|
(2 382)
|
(2 122)
|
(1 833)
|
(1 641)
|
(1 508)
|
(1 548)
|
(1 604)
|
(1 705)
|
(1 798)
|
(2 003)
|
|
Selling, General & Administrative |
(27)
|
(34)
|
(49)
|
(62)
|
(62)
|
(65)
|
(51)
|
(41)
|
(39)
|
(38)
|
(47)
|
(58)
|
(67)
|
(75)
|
(80)
|
(159)
|
(232)
|
(311)
|
(409)
|
(444)
|
(538)
|
(646)
|
(863)
|
(1 046)
|
(1 120)
|
(1 276)
|
(1 373)
|
(1 626)
|
(2 017)
|
(2 300)
|
(2 432)
|
(2 368)
|
(2 107)
|
(1 824)
|
(1 630)
|
(1 501)
|
(1 548)
|
(1 595)
|
(1 701)
|
(1 798)
|
(2 003)
|
|
Other Operating Expenses |
(10)
|
(11)
|
(15)
|
(11)
|
(19)
|
(21)
|
(33)
|
(55)
|
(78)
|
(89)
|
(93)
|
(101)
|
(76)
|
(77)
|
(60)
|
(39)
|
(61)
|
(47)
|
(57)
|
(41)
|
(10)
|
(5)
|
8
|
(2)
|
(124)
|
19
|
51
|
43
|
43
|
21
|
(16)
|
(14)
|
(15)
|
(8)
|
(10)
|
(7)
|
0
|
(9)
|
(3)
|
0
|
0
|
|
Operating Income |
466
N/A
|
448
-4%
|
338
-25%
|
236
-30%
|
277
+17%
|
346
+25%
|
356
+3%
|
452
+27%
|
632
+40%
|
668
+6%
|
989
+48%
|
1 109
+12%
|
1 193
+8%
|
1 662
+39%
|
1 432
-14%
|
1 361
-5%
|
961
-29%
|
556
-42%
|
323
-42%
|
365
+13%
|
429
+18%
|
(465)
N/A
|
(383)
+18%
|
(354)
+7%
|
(499)
-41%
|
781
N/A
|
904
+16%
|
891
-1%
|
1 057
+19%
|
1 544
+46%
|
2 002
+30%
|
2 941
+47%
|
3 402
+16%
|
2 495
-27%
|
2 435
-2%
|
1 826
-25%
|
713
-61%
|
1 208
+69%
|
992
-18%
|
83
-92%
|
1 262
+1 414%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
(1)
|
(2)
|
(2)
|
(4)
|
(6)
|
(8)
|
(10)
|
(10)
|
(10)
|
(9)
|
(11)
|
(11)
|
(10)
|
(15)
|
(22)
|
(25)
|
(30)
|
(31)
|
(27)
|
(29)
|
219
|
(864)
|
(838)
|
(900)
|
(842)
|
52
|
12
|
23
|
(93)
|
(87)
|
(583)
|
(1 548)
|
(2 139)
|
(2 052)
|
(1 655)
|
(948)
|
39
|
(147)
|
(85)
|
596
|
(54)
|
|
Pre-Tax Income |
465
N/A
|
446
-4%
|
336
-25%
|
232
-31%
|
271
+17%
|
338
+25%
|
346
+2%
|
442
+28%
|
622
+41%
|
659
+6%
|
978
+48%
|
1 098
+12%
|
1 182
+8%
|
1 647
+39%
|
1 410
-14%
|
1 337
-5%
|
931
-30%
|
526
-44%
|
296
-44%
|
336
+14%
|
648
+93%
|
(1 328)
N/A
|
(1 220)
+8%
|
(1 255)
-3%
|
(1 341)
-7%
|
833
N/A
|
916
+10%
|
914
0%
|
964
+6%
|
1 457
+51%
|
1 418
-3%
|
1 392
-2%
|
1 263
-9%
|
443
-65%
|
780
+76%
|
878
+12%
|
753
-14%
|
1 061
+41%
|
908
-14%
|
679
-25%
|
1 209
+78%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(23)
|
(19)
|
(12)
|
2
|
11
|
18
|
25
|
(2)
|
(39)
|
(55)
|
(130)
|
(142)
|
(178)
|
(165)
|
(80)
|
(51)
|
73
|
21
|
40
|
49
|
(42)
|
171
|
132
|
26
|
(17)
|
(282)
|
(264)
|
(194)
|
(158)
|
(263)
|
(337)
|
(327)
|
(280)
|
(60)
|
(44)
|
(74)
|
(122)
|
(232)
|
(228)
|
(96)
|
(267)
|
|
Income from Continuing Operations |
442
|
427
|
324
|
234
|
282
|
356
|
370
|
440
|
583
|
604
|
848
|
956
|
1 005
|
1 482
|
1 330
|
1 286
|
1 005
|
546
|
335
|
385
|
606
|
(1 157)
|
(1 088)
|
(1 229)
|
(1 358)
|
551
|
652
|
719
|
806
|
1 194
|
1 082
|
1 065
|
983
|
383
|
737
|
804
|
631
|
828
|
680
|
582
|
941
|
|
Income to Minority Interest |
(89)
|
(87)
|
(32)
|
(14)
|
(13)
|
(12)
|
(33)
|
(58)
|
(78)
|
(90)
|
(81)
|
(62)
|
(57)
|
(52)
|
(47)
|
(44)
|
(41)
|
(41)
|
(37)
|
(40)
|
(43)
|
(16)
|
(48)
|
(45)
|
(53)
|
(78)
|
(50)
|
(47)
|
(33)
|
(30)
|
(34)
|
(32)
|
(29)
|
(22)
|
(15)
|
(12)
|
(8)
|
(13)
|
(9)
|
(6)
|
(10)
|
|
Net Income (Common) |
353
N/A
|
340
-4%
|
292
-14%
|
220
-25%
|
269
+22%
|
344
+28%
|
338
-2%
|
382
+13%
|
505
+32%
|
514
+2%
|
767
+49%
|
894
+17%
|
958
+7%
|
1 440
+50%
|
1 294
-10%
|
1 252
-3%
|
964
-23%
|
505
-48%
|
299
-41%
|
339
+13%
|
550
+62%
|
(1 198)
N/A
|
(1 175)
+2%
|
(1 322)
-12%
|
(1 465)
-11%
|
415
N/A
|
545
+31%
|
614
+13%
|
706
+15%
|
1 090
+54%
|
965
-11%
|
944
-2%
|
865
-8%
|
272
-69%
|
633
+133%
|
702
+11%
|
533
-24%
|
725
+36%
|
581
-20%
|
484
-17%
|
835
+72%
|
|
EPS (Diluted) |
2.44
N/A
|
2.34
-4%
|
1.03
-56%
|
0.95
-8%
|
1.32
+39%
|
1.49
+13%
|
1.47
-1%
|
1.58
+7%
|
2.12
+34%
|
1.78
-16%
|
2.47
+39%
|
2.89
+17%
|
3.14
+9%
|
4.32
+38%
|
3.81
-12%
|
3.67
-4%
|
2.81
-23%
|
1.3
-54%
|
0.71
-45%
|
0.83
+17%
|
1.34
+61%
|
-2.89
N/A
|
-2.79
+3%
|
-3.13
-12%
|
-3.52
-12%
|
0.96
N/A
|
1.04
+8%
|
1.27
+22%
|
1.51
+19%
|
2.24
+48%
|
2.06
-8%
|
1.97
-4%
|
1.8
-9%
|
0.56
-69%
|
1.31
+134%
|
1.45
+11%
|
1.1
-24%
|
1.49
+35%
|
1.19
-20%
|
0.98
-18%
|
1.67
+70%
|