Discontinued — last reported Q3 '24
Business Segments · Income tax expense (benefit)
Asset Management — Income tax expense (benefit)
New Residential Investment Corp. Asset Management — Income tax expense (benefit) remained flat by 0.0% to $8.49M in Q3 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024Nov 5, 2024
Rolls up toIncome Tax
How to read this metric
Changes often track with pre-tax profitability, though significant deviations may indicate changes in tax jurisdiction or tax planning strategies.
Detailed definition
The total tax provision allocated to the asset management segment based on its pre-tax income. This reflects the tax bur...
Peer comparison
Standard tax expense line item consistent with segment reporting requirements under GAAP.
Metric ID:
ritm_segment_asset_management_income_tax_expense_benefitHistorical Data
12 periods
| Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | -$3.70M | -$3.70M | $7.83M | $7.83M | $8.49M | $8.49M |
| QoQ Change | — | — | — | — | — | — | — | +0.0% | +311.3% | +0.0% | +8.5% | +0.0% |
Range-$3.70M – $8.49M
Current Streak5+ quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s asset management — income tax expense (benefit)?
- New Residential Investment Corp. (NRZ) reported asset management — income tax expense (benefit) of $8.49M in Q3 2024.
- What does asset management — income tax expense (benefit) mean?
- The amount of income tax expense attributed to the asset management segment.