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Ready Capital Corp
NYSE:RC

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Ready Capital Corp Logo
Ready Capital Corp
NYSE:RC
Watchlist
Price: 2.13 USD 5.45% Market Closed
Market Cap: $345.3m
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+16%
5Y
+50%
10Y
+1 033%
Operating Income
+
3Y
-
5Y
-
10Y
-
Net Income
+
3Y
-
5Y
-
10Y
-

Earnings Waterfall
Ready Capital Corp

Income Statement
Ready Capital Corp

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Income Statement
Currency: USD
Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 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 Mar-2025 Jun-2025 Sep-2025
Revenue
Revenue
20
N/A
26
+29%
23
-10%
14
-39%
15
+4%
24
+66%
30
+24%
68
+127%
68
0%
65
-4%
72
+10%
67
-8%
68
+2%
163
+140%
186
+14%
194
+4%
217
+12%
146
-33%
141
-4%
140
-1%
143
+2%
147
+3%
151
+3%
169
+12%
186
+10%
235
+26%
249
+6%
276
+11%
314
+14%
325
+3%
371
+14%
465
+26%
515
+11%
553
+7%
558
+1%
522
-7%
529
+1%
550
+4%
574
+4%
600
+5%
666
+11%
746
+12%
853
+14%
950
+11%
1 011
+7%
1 049
+4%
904
-14%
803
-11%
839
+5%
823
-2%
788
-4%
752
-4%
770
+2%
Gross Profit
Cost of Revenue
(4)
(2)
(5)
(6)
(6)
(10)
(14)
(19)
(19)
(20)
(19)
(18)
(22)
(62)
(74)
(88)
(102)
(75)
(75)
(74)
(76)
(79)
(87)
(96)
(105)
(136)
(157)
(179)
(207)
(208)
(232)
(271)
(294)
(312)
(305)
(293)
(297)
(303)
(310)
(313)
(362)
(440)
(545)
(653)
(731)
(798)
(830)
(844)
(826)
(778)
(733)
(688)
(636)
Gross Profit
17
N/A
24
+42%
19
-22%
8
-55%
8
-1%
15
+77%
16
+10%
50
+212%
49
-1%
45
-9%
53
+18%
49
-8%
46
-5%
101
+119%
112
+11%
106
-5%
116
+9%
72
-38%
66
-8%
66
0%
67
+2%
68
+2%
64
-6%
73
+15%
81
+11%
99
+21%
93
-6%
97
+5%
107
+10%
117
+9%
139
+19%
194
+40%
221
+14%
241
+9%
253
+5%
228
-10%
232
+1%
247
+6%
264
+7%
286
+8%
304
+6%
306
+1%
308
+1%
296
-4%
281
-5%
251
-11%
74
-70%
(41)
N/A
13
N/A
45
+246%
55
+23%
64
+16%
135
+110%
Operating Income
Operating Expenses
(0)
(3)
(3)
(3)
(7)
(7)
(8)
(8)
(11)
(16)
(26)
(38)
(44)
(54)
(54)
(52)
(50)
(46)
(30)
(29)
(31)
(46)
(49)
(63)
(74)
(91)
(86)
(86)
(86)
(91)
(139)
(156)
(163)
(169)
(140)
(146)
(155)
(156)
(159)
(148)
(153)
(189)
(179)
(205)
(187)
(148)
(125)
(78)
(148)
(450)
(374)
(411)
(402)
Selling, General & Administrative
(0)
0
(1)
(1)
(0)
0
(1)
(1)
0
(4)
(10)
(18)
(28)
(23)
(22)
(19)
(17)
(30)
(39)
(48)
(58)
(61)
(63)
(64)
(65)
(63)
(59)
(58)
(58)
(61)
(70)
(84)
(100)
(104)
(109)
(109)
(107)
(109)
(114)
(115)
(114)
(115)
(112)
(114)
(114)
(97)
(92)
(82)
(81)
(102)
(104)
(111)
(111)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(1)
(1)
(0)
(0)
0
(0)
(0)
(0)
(0)
(0)
0
0
0
(0)
0
0
0
(1)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(4)
(5)
(5)
(6)
(7)
Other Operating Expenses
0
(3)
0
0
(7)
(7)
(7)
(7)
(11)
(12)
(16)
(21)
(16)
(30)
(32)
(33)
(33)
(16)
9
20
27
15
15
1
(9)
(28)
(27)
(27)
(29)
(30)
(69)
(71)
(62)
(64)
(29)
(36)
(46)
(46)
(43)
(32)
(38)
(73)
(66)
(90)
(72)
(49)
(31)
6
(64)
(344)
(264)
(293)
(284)
Operating Income
16
N/A
20
+25%
16
-21%
5
-68%
1
-78%
8
+591%
8
+5%
42
+419%
39
-7%
29
-25%
27
-7%
11
-61%
2
-78%
47
+1 957%
58
+22%
54
-7%
66
+22%
25
-62%
36
+42%
37
+3%
36
-3%
21
-40%
15
-29%
10
-32%
8
-28%
8
N/A
6
-17%
12
+89%
20
+74%
25
+24%
(0)
N/A
38
N/A
58
+51%
72
+24%
113
+58%
83
-27%
77
-7%
91
+18%
105
+16%
138
+32%
151
+9%
117
-22%
129
+10%
91
-29%
94
+3%
103
+10%
(50)
N/A
(120)
-138%
(135)
-13%
(406)
-200%
(319)
+21%
(347)
-9%
(267)
+23%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
6
(0)
4
10
25
29
31
33
26
43
52
61
55
38
24
7
16
(17)
(24)
(12)
(14)
45
76
96
115
146
144
149
133
74
82
78
74
97
73
(26)
(58)
(77)
(68)
(151)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
0
0
0
0
0
0
0
0
25
25
25
23
(5)
(5)
(5)
(4)
(7)
(9)
(12)
(17)
(18)
(17)
(16)
(18)
(14)
204
186
182
168
(77)
(29)
(53)
62
72
64
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6
6
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
16
N/A
20
+25%
16
-21%
5
-68%
1
-78%
8
+591%
8
+5%
42
+419%
39
-7%
29
-25%
27
-7%
11
-61%
2
-78%
53
+2 213%
64
+19%
63
0%
81
+28%
65
-20%
65
N/A
68
+4%
69
+2%
48
-31%
58
+22%
62
+7%
69
+10%
63
-9%
69
+10%
61
-12%
52
-14%
65
+24%
(22)
N/A
10
N/A
42
+338%
55
+31%
152
+178%
149
-2%
160
+8%
189
+18%
234
+24%
265
+13%
283
+7%
233
-18%
188
-19%
377
+101%
358
-5%
358
+0%
215
-40%
(123)
N/A
(190)
-54%
(517)
-171%
(334)
+35%
(342)
-3%
(353)
-3%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
0
1
1
(2)
(2)
(8)
(9)
(7)
(9)
(10)
(10)
(10)
(8)
(3)
(4)
(4)
(5)
(2)
4
7
11
11
15
7
(2)
(8)
(25)
(27)
(27)
(29)
(38)
(42)
(40)
(30)
(12)
(7)
(6)
(7)
23
77
90
105
80
71
72
Income from Continuing Operations
16
20
16
5
1
8
8
42
39
30
28
9
1
45
55
56
73
56
56
58
61
45
54
59
64
61
73
68
63
75
(7)
17
40
46
127
123
134
160
195
223
243
203
176
370
351
351
239
(46)
(101)
(412)
(254)
(271)
(281)
Income to Minority Interest
0
(0)
(1)
0
(0)
(1)
(1)
(4)
(4)
(3)
(3)
(1)
0
(4)
(5)
(5)
(7)
(4)
(4)
(4)
(4)
(3)
(3)
(2)
(3)
(2)
(3)
(2)
(2)
(2)
0
(1)
(1)
(1)
(3)
(3)
(3)
(2)
(2)
(5)
(7)
(9)
(10)
(12)
(10)
(9)
(7)
(5)
(5)
(5)
(8)
(8)
(8)
Net Income (Common)
16
N/A
19
+19%
15
-23%
5
-68%
0
-92%
7
+1 575%
7
+7%
37
+417%
35
-7%
27
-23%
25
-7%
8
-69%
1
-91%
40
+5 671%
49
+20%
50
+4%
65
+29%
49
-24%
50
+1%
52
+5%
55
+6%
43
-22%
52
+21%
57
+9%
62
+9%
59
-5%
71
+20%
66
-6%
61
-7%
72
+18%
(8)
N/A
15
N/A
37
+151%
44
+18%
122
+180%
112
-8%
119
+6%
141
+19%
173
+22%
201
+16%
218
+9%
177
-19%
149
-16%
340
+128%
323
-5%
322
0%
211
-34%
(71)
N/A
(127)
-78%
(453)
-257%
(299)
+34%
(318)
-6%
(328)
-3%
EPS (Diluted)
5.82
N/A
6.92
+19%
2.44
-65%
0.53
-78%
0.05
-91%
0.81
+1 520%
0.8
-1%
3.47
+334%
3.49
+1%
2.49
-29%
2.8
+12%
0.72
-74%
0.08
-89%
1.59
+1 888%
1.87
+18%
1.94
+4%
2.51
+29%
1.84
-27%
1.61
-12%
1.69
+5%
1.72
+2%
1.36
-21%
1.62
+19%
1.68
+4%
1.83
+9%
1.73
-5%
2.06
+19%
1.41
-32%
1.31
-7%
1.63
+24%
-0.14
N/A
0.27
N/A
0.67
+148%
0.81
+21%
2.14
+164%
1.56
-27%
1.65
+6%
2.06
+25%
1.81
-12%
1.6
-12%
1.73
+8%
1.5
-13%
1.09
-27%
2.39
+119%
1.85
-23%
2.16
+17%
1.24
-43%
-0.42
N/A
-0.75
-79%
-2.67
-256%
-1.78
+33%
-1.89
-6%
-2
-6%

See Also

Summary
RC intrinsic value, competitors valuation, and company profile.
DCF Valuation
RC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RC stock valuation using valuation multiples.
Wall Street Estimates
RC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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