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Ready Capital Corporation

Data quality: 100%
RCB
NYSE Real Estate REIT - Mortgage
$24.81
▲ $0.16 (0.65%)
Mkt Cap: 60.03B
Day Range
$24.75 $24.81
52-Week Range
$23.57 $24.95
Volume
5,038
50D / 200D Avg
$24.72 / $24.51
Prev Close
$24.65

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E -262.2 11.2
P/B 38.7 0.8
ROE % -13.5 6.1
Net Margin % -45.8 19.9
Rev Growth 5Y % -8.0 6.9
D/E 3.8 0.9

Key Takeaways

Revenue declined -8.03% annually over 5 years
Debt/Equity of 3.78 — high leverage
Generating 455.90M in free cash flow
PEG of 0.39 suggests growth is underpriced
Revenue growth is decelerating — 1Y growth trails 5Y average by 36.90%
Capital efficient — spends only 0.00% of revenue on capex

Growth

Revenue Growth (5Y)
-8.03%
Revenue (1Y)-44.93%
Earnings (1Y)N/A
FCF Growth (3Y)271.31%

Quality

Return on Equity
-13.50%
ROIC1.22%
Net Margin-45.83%
Op. Margin24.22%

Safety

Debt / Equity
3.78
Current Ratio0.29
Interest Coverage0.24

Valuation

P/E Ratio
-262.23
P/B Ratio38.67
EV/EBITDA542.69
Dividend Yield0.03%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -44.93% Revenue Growth (3Y) 8.21%
Earnings Growth (1Y) N/A Earnings Growth (3Y) N/A
Revenue Growth (5Y) -8.03% Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) 499.47M Net Income (TTM) -228.92M
ROE -13.50% ROA -2.95%
Gross Margin 87.67% Operating Margin 24.22%
Net Margin -45.83% Free Cash Flow (TTM) 455.90M
ROIC 1.22% FCF Growth (3Y) 271.31%
Safety
Debt / Equity 3.78 Current Ratio 0.29
Interest Coverage 0.24 Dividend Yield 0.03%
Valuation
P/E Ratio -262.23 P/B Ratio 38.67
P/S Ratio 120.18 PEG Ratio 0.39
EV/EBITDA 542.69 Dividend Yield 0.03%
Market Cap 60.03B Enterprise Value 65.64B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 499.47M 907.04M 426.58M 404.04M 697.97M
Net Income -228.92M -443.75M 339.45M 184.70M 148.65M
EPS (Diluted) -1.44 -2.60 2.24 1.51 1.54
Gross Profit 437.87M 798.77M 1.05B 767.50M 535.94M
Operating Income 120.96M -412.00M 879.33M 644,827.0 411.14M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 7.77B 10.14B 12.44B 11.62B 9.53B
Total Liabilities 6.12B 8.20B 9.79B 9.72B 8.25B
Shareholders' Equity 1.55B 1.84B 2.55B 1.80B 1.28B
Total Debt 5.86B 437.85M 9.18B 9.34B 7.92B
Cash & Equivalents 247.59M 143.80M 139.20M 218.97M 281.10M
Current Assets 207.84M 143.80M 138.53M 0.0 0.0
Current Liabilities 722.73M 437.85M 433.83M 0.0 0.0