Discontinued — last reported Q3 '23
Business Segments · Operating Expenses
Residential Securities, Properties and Loans — Operating Expenses
New Residential Investment Corp. Residential Securities, Properties and Loans — Operating Expenses remained flat by 0.0% to $137.19M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 160.1%, from $52.74M to $137.19M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Operating Expenses
How to read this metric
A decrease in operating expenses relative to revenue signals improved operational efficiency and scalability.
Detailed definition
This metric aggregates all costs associated with the day-to-day operations of the segment, including personnel, technolo...
Peer comparison
Standard operating expense metric used to assess the cost-to-income ratio of a business unit.
Metric ID:
ritm_segment_residential_securities_properties_and_loans_operating_expensesHistorical 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 | $38.43M | $38.43M | $43.58M | $43.58M | $45.68M | $45.68M | $44.30M | $44.30M | $23.22M | $23.22M | $52.74M | $52.74M | $98.92M | $98.92M | $117.13M | $117.13M | $137.19M | $137.19M |
| QoQ Change | — | +0.0% | +13.4% | +0.0% | +4.8% | +0.0% | -3.0% | +0.0% | -47.6% | +0.0% | +127.1% | +0.0% | +87.6% | +0.0% | +18.4% | +0.0% | +17.1% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -39.6% | -39.6% | +21.0% | +21.0% | +123.3% | +123.3% | +404.4% | +404.4% | +160.1% | +160.1% |
Range$23.22M – $137.19M
CAGR+34.9%
Avg YoY Growth+133.8%
Median YoY Growth+123.3%
Current Streak9 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s residential securities, properties and loans — operating expenses?
- New Residential Investment Corp. (NRZ) reported residential securities, properties and loans — operating expenses of $137.19M in Q3 2023.
- How has New Residential Investment Corp.'s residential securities, properties and loans — operating expenses changed year-over-year?
- New Residential Investment Corp.'s residential securities, properties and loans — operating expenses increased by 160.1% year-over-year, from $52.74M to $137.19M.
- What does residential securities, properties and loans — operating expenses mean?
- Total costs to run the daily operations of the business segment.