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Rithm Capital

RITM

Rithm Capital Corp. is a leading global asset manager and internally managed REIT focused on real estate, credit, and financial services.

Market cap
$5.25B-14.7%
Revenue$5.7B+17.3%
Net income$497.2M-44.9%
EPS (diluted)$0.63-56.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$1.8B+58.9%
Net income$253.3M+14.3%
EPS (diluted)$0.38+8.6%

Balance sheet

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Cash & equivalents$2.4B+52.0%
Total equity$9.1B+7.6%
Total assets$56.7B+20.1%

Valuation & ratios

Valuation

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Market cap$5.25B-14.7%
P/E10.6×+4.2×
P/S0.9×-0.2×

Profitability

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Net margin8.7%-9.8pp

Returns & leverage

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Return on equity5.6%-5.5pp

Segments

By segment

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Origination and Servicing$1.2B+44.2%
Investment Portfolio$108.1M+16.2%
Residential Transitional Lending$103.6M+33.5%
Corporate Category$2.7M-17.6%

By product

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Servicing fee revenue, net and interest income from MSRs and MSR financing receivables$595.4M+2.8%
Change in fair value of MSRs and MSR financing receivables, net of economic hedges (includes realization of cash flows of $(213,874), $(176,680), $(425,330) and $(323,571), respectively)$121.3M+146%
Incentive fees$14.4M—
Gain on originated residential mortgage loans, held-for-sale, net$10.4M-94.7%

Competitors

Profile

Rithm Capital Corp. is a leading global asset manager and internally managed REIT focused on real estate, credit, and financial services. The company operates an integrated platform that combines large-scale operating companies with diversified investment portfolios and fee-based asset management capabilities. Its core value proposition lies in leveraging specialized expertise across the residential mortgage, commercial real estate, and private credit lifecycles to generate long-term risk-adjusted returns.

Competitive position

A top-five U.S. non-bank mortgage lender and servicer with a globally diversified asset management platform.

GeographiesUnited States, United Kingdom, Japan, Hong Kong, United Arab Emirates, Canada
Customer segmentsRetail Borrowers, Institutional Investors, Real Estate Developers, Government-Sponsored Enterprises
Business modelAsset Management Fees, Interest Income, Mortgage Servicing, Direct Lending, Property Management
SuppliersWarehouse Financing Providers, Capital Markets Liquidity, GSE/Agency Guidelines, Technology and Data Providers
CustomersHomeowners, Institutional Fund Investors, Residential Tenants, Secondary Mortgage Market Buyers
Listed2013
Employees6.6K
CEOMichael Nierenberg
FilingsSEC EDGAR

FAQ

What is Rithm Capital's market cap?
Rithm Capital (RITM) has a market capitalization of $5.2B and trades on NYSE.
What is Rithm Capital's revenue and profitability?
Rithm Capital generated $5.7B in trailing twelve-month revenue with net income of $497.2M, representing a net margin of 8.7%. The latest reported period is Q3 2026.
Who are Rithm Capital's competitors?
Rithm Capital's key competitors include PennyMac Financial Services, Annaly Capital Management, Chimera Investment Corp., and others. These companies compete in similar markets and product categories.
Who does Rithm Capital partner with?
Rithm Capital's notable partners include Rocket Companies, Inc., Upgrade, Inc., Goldman Sachs, and others.
What subsidiaries does Rithm Capital have?
Rithm Capital's subsidiaries include Newrez LLC, Sculptor Capital Management, Inc., Genesis Capital, and others.
Where is Rithm Capital headquartered?
Rithm Capital is headquartered in United States of America and employs approximately 6,570 people. It has been publicly traded since 2013.