Discontinued — last reported Q3 '23
Business Segments · Income tax expense (benefit)
Residential Securities, Properties and Loans — Income tax expense (benefit)
New Residential Investment Corp. Residential Securities, Properties and Loans — Income tax expense (benefit) remained flat by 0.0% to -$4.66M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from -$5.56M to -$4.66M.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toIncome Tax
How to read this metric
A benefit increases net income, while an expense reduces it; changes often reflect shifts in profitability or tax jurisdiction impacts.
Detailed definition
This reflects the tax provision or benefit specifically allocated to the residential securities, properties, and loans s...
Peer comparison
Standard segment-level tax allocation found in consolidated financial statements.
Metric ID:
ritm_segment_residential_securities_properties_and_loans_income_tax_expense_benefitHistorical Data
18 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 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.29M | $17.29M | $10.74M | $10.74M | $8.25M | $8.25M | $3.66M | $3.66M | -$2.48M | -$2.48M | -$5.56M | -$5.56M | -$3.73M | -$3.73M | $4.95M | $4.95M | -$4.66M | -$4.66M |
| QoQ Change | — | +0.0% | -37.9% | +0.0% | -23.1% | +0.0% | -55.7% | +0.0% | -167.8% | +0.0% | -124.4% | +0.0% | +33.0% | +0.0% | +232.7% | +0.0% | -194.1% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -114.3% | -114.3% | -151.8% | -151.8% | -201.9% | -201.9% | +299.5% | +299.5% | +16.3% | +16.3% |
Range-$5.56M – $17.29M
CAGR-26.6%
Avg YoY Growth-30.5%
Median YoY Growth-114.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s residential securities, properties and loans — income tax expense (benefit)?
- New Residential Investment Corp. (NRZ) reported residential securities, properties and loans — income tax expense (benefit) of -$4.66M in Q3 2023.
- How has New Residential Investment Corp.'s residential securities, properties and loans — income tax expense (benefit) changed year-over-year?
- New Residential Investment Corp.'s residential securities, properties and loans — income tax expense (benefit) increased by 16.3% year-over-year, from -$5.56M to -$4.66M.
- What does residential securities, properties and loans — income tax expense (benefit) mean?
- The portion of income tax expense or benefit attributed to this specific business segment.