Rithm Capital (RITM) financial statements
Rithm Capital reported revenue of $4.6B in fiscal 2025, up 10.5% a year over 7 years.
Net income was $697M.
The diluted share count rose 129% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Rithm Capital's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $2.3B | $2.4B | $1.7B | $3.7B | $4.9B | $3.7B | $4.9B | $4.6B |
| Selling, general and admin | $39M | $67M | $442M | $496M | $548M | $866M | $896M | $761M | $868M | $1.0B |
| Interest expense | $373M | $461M | $606M | $934M | $584M | $497M | $791M | $1.4B | — | — |
| Pre-tax income | $622M | $1.2B | $931M | $648M | -$1.3B | $964M | $1.3B | $753M | $1.2B | $806M |
| Income tax | $39M | $168M | -$73M | $42M | $17M | $158M | $280M | $122M | $267M | $88M |
| Net income | $504M | $958M | $964M | $550M | -$1.5B | $705M | $865M | $622M | $932M | $697M |
| EPS (diluted) | $2.12 | $3.15 | $2.81 | $1.34 | -$3.52 | $1.51 | $1.80 | $1.10 | $1.67 | $1.04 |
| Diluted shares | 238M | 304M | 343M | 409M | 416M | 468M | 482M | 484M | 500M | 546M |
| Net margin | — | — | 42.3% | 22.7% | -87.8% | 18.9% | 17.6% | 16.9% | 18.9% | 15.2% |
Balance sheet
Fiscal years, from Rithm Capital's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $291M | $296M | $251M | $529M | $945M | $1.3B | $1.3B | $1.3B | $1.5B | $1.8B |
| Property, plant and equipment | — | — | $11M | $18M | $27M | $57M | $38M | $40M | $70M | $83M |
| Goodwill | — | $0 | $25M | $29M | $29M | $85M | $85M | $132M | $134M | $317M |
| Total assets | $18.4B | $22.2B | $31.7B | $44.9B | $33.3B | $39.7B | $34.6B | $39.7B | $46.0B | $53.1B |
| Total liabilities | $14.9B | $17.4B | $25.6B | $37.6B | $27.8B | $33.1B | $27.6B | $32.6B | $38.2B | $43.8B |
| Shareholders' equity | $3.3B | $4.7B | $6.0B | $7.2B | $5.3B | $6.6B | $6.9B | $7.0B | $7.8B | $8.4B |
| Net debt | -$291M | -$296M | -$251M | -$529M | -$945M | -$1.3B | -$1.3B | -$1.3B | -$1.5B | -$1.8B |
Cash flow
Fiscal years, from Rithm Capital's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $561M | -$900M | -$1.2B | -$1.6B | $1.9B | $3.4B | $5.8B | $694M | -$2.2B | -$1.3B |
| Stock-based compensation | $300,000 | $699,000 | $1M | $1M | $1M | $1M | $1M | $14M | $49M | $72M |
| Dividends paid | $433M | $570M | $662M | $808M | $332M | $376M | — | — | — | — |
| Share buybacks (net) | — | — | $0 | $0 | -$7M | $0 | — | — | — | — |
| Net borrowing | $1.1B | $3.5B | $13.7B | $47.2B | -$122.5B | -$69.2B | — | — | — | — |
| Dividends per share | $1.82 | $1.87 | $1.93 | $1.98 | $0.80 | $0.80 | — | — | — | — |
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What was Rithm Capital's revenue in 2025?
$4.6B in fiscal 2025, from its 10-K filing.
From Rithm Capital's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.