Discontinued — last reported Q3 '23
Business Segments · Income Tax
MSR Related Investments — Income Tax
New Residential Investment Corp. MSR Related Investments — Income Tax remained flat by 0.0% to $1.95M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 127.0%, from -$7.20M to $1.95M.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toIncome Tax
How to read this metric
Changes are primarily driven by segment profitability and tax rate fluctuations, rather than operational performance.
Detailed definition
The portion of the company's total income tax provision allocated to the MSR-related investment segment. This reflects t...
Peer comparison
Standard tax allocation metric used to determine the after-tax profitability of specific business segments.
Metric ID:
ritm_segment_msr_related_investments_income_tax_expenseHistorical Data
20 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$21.38M | -$21.38M | -$8.37M | -$8.37M | -$9.35M | -$9.35M | $31.46M | $31.46M | $9.47M | $9.47M | -$7.20M | -$7.20M | $6.95M | $6.95M | -$7.37M | -$7.37M | $3.31M | $3.31M | $1.95M | $1.95M |
| QoQ Change | — | +0.0% | +60.8% | +0.0% | -11.6% | +0.0% | +436.6% | +0.0% | -69.9% | +0.0% | -176.0% | +0.0% | +196.5% | +0.0% | -206.1% | +0.0% | +144.9% | +0.0% | -41.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +144.3% | +144.3% | +14.0% | +14.0% | +174.3% | +174.3% | -123.4% | -123.4% | -65.1% | -65.1% | +127.0% | +127.0% |
Range-$21.38M – $31.46M
CAGR-39.6%
Avg YoY Growth+45.2%
Median YoY Growth+70.5%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — income tax?
- New Residential Investment Corp. (NRZ) reported msr related investments — income tax of $1.95M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — income tax changed year-over-year?
- New Residential Investment Corp.'s msr related investments — income tax increased by 127.0% year-over-year, from -$7.20M to $1.95M.
- What does msr related investments — income tax mean?
- The amount of income tax expense attributed to the mortgage servicing and investment segment.