Discontinued — last reported Q3 '23

Business Segments · Equity

Origination — Equity

New Residential Investment Corp. Origination — Equity remained flat by 0.0% to $291.55M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 42.3%, from $505.64M to $291.55M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2022
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Equity

How to read this metric

An increase indicates profitable operations or capital injections, while a decrease suggests losses or capital withdrawals.

Detailed definition

This represents the residual interest in the origination segment's assets after deducting all liabilities. It reflects t...

Peer comparison

Standard metric for assessing the net value of a business unit.

Metric ID: ritm_segment_origination_equity

Historical Data

10 periods
 Q2 '22Q2 '22Q3 '22Q3 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$669.27M$669.27M$505.64M$505.64M$342.39M$342.39M$315.50M$315.50M$291.55M$291.55M
QoQ Change+0.0%-24.4%+0.0%-32.3%+0.0%-7.9%+0.0%-7.6%+0.0%
YoY Change-52.9%-52.9%-42.3%-42.3%
Range$291.55M$669.27M
CAGR-30.9%
Avg YoY Growth-47.6%
Median YoY Growth-47.6%

Frequently Asked Questions

What is New Residential Investment Corp.'s origination — equity?
New Residential Investment Corp. (NRZ) reported origination — equity of $291.55M in Q3 2023.
How has New Residential Investment Corp.'s origination — equity changed year-over-year?
New Residential Investment Corp.'s origination — equity decreased by 42.3% year-over-year, from $505.64M to $291.55M.
What does origination — equity mean?
The net value of the origination segment, calculated as total assets minus total liabilities.