Discontinued — last reported Q3 '24

Business Segments · G&A

Corporate — G&A

New Residential Investment Corp. Corporate — G&A remained flat by 0.0% to $11.63M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 54.0%, from $25.30M to $11.63M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024Nov 5, 2024
Rolls up toG&A

How to read this metric

An increase may indicate rising operational overhead or one-time corporate restructuring costs, while a decrease suggests improved cost management.

Detailed definition

This metric captures the overhead costs associated with running the corporate headquarters, including executive compensa...

Peer comparison

Commonly benchmarked against total revenue or total assets to determine administrative efficiency ratios.

Metric ID: ritm_segment_corporate_general_and_administrative

Historical Data

12 periods
 Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24
Value$7.83M$7.83M$16.32M$16.32M$25.30M$25.30M$9.94M$9.94M$17.62M$17.62M$11.63M$11.63M
QoQ Change+0.0%+108.5%+0.0%+55.0%+0.0%-60.7%+0.0%+77.2%+0.0%-34.0%+0.0%
YoY Change+27.1%+27.1%+8.0%+8.0%-54.0%-54.0%
Range$7.83M$25.30M
CAGR+15.5%
Avg YoY Growth-6.3%
Median YoY Growth+8.0%

Frequently Asked Questions

What is New Residential Investment Corp.'s corporate — g&a?
New Residential Investment Corp. (NRZ) reported corporate — g&a of $11.63M in Q3 2024.
How has New Residential Investment Corp.'s corporate — g&a changed year-over-year?
New Residential Investment Corp.'s corporate — g&a decreased by 54.0% year-over-year, from $25.30M to $11.63M.
What does corporate — g&a mean?
The total administrative and overhead expenses for the corporate segment.