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Rithm Capital Corp. RITM

14 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$4.6B

▼ 6.7% YoY

Net income

$697.1M

▼ 25.2% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Rithm Capital Corp. operates as a global asset manager focused on real estate, credit and financial services. It is headquartered in New York City and maintains offices in London, Hong Kong, Tokyo, Toronto and Abu Dhabi. As of December 31, 2025, it employed approximately 7,240 employees. It conducts its business through four segments: Origination and Servicing, Residential Transitional Lending, Asset Management and Investment Portfolio. Its Origination and Servicing segment includes residential mortgage origination and servicing platforms and related investments, including MSRs and servicer advance assets. Its Residential Transitional Lending segment consists primarily of short-term business-purpose mortgage loans originated and managed through its wholly owned subsidiary Genesis. Its Asset Management segment includes fee-based investment management activities conducted primarily through Rithm Asset Management LLC. Rithm Capital Corp. is a Delaware corporation formed in September 2011, which commenced operations in December 2011 and became a publicly traded company on May 15, 2013.

Written from the business description in Rithm Capital Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 4.6B

Revenue, FY2025 · full 14-year series below

Revenue $B Net income $B

FY2025 · Revenue 4.6 · Net income 0.7

2.0B4.0B-0.5B-1.0B

201220152018202120242025

Compound annual growth

Revenue

−2.3%

+22.4%

EPS, diluted

−16.7%

−2.4%

Dividend / share

+0.0%

+14.9%

−5.4%

Returned to shareholders

−17.2%

−2.8%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +22.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

16 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 17.6% · Net 15.6%

20%40%-50%

201220182025

ROE

FY2025 · ROE 8.6%

10%20%30%-10%-20%

201220182025

Three returns, three denominators.

Return on equity8.6%

Return on assets1.4%

Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Gross margin98.5%

Operating margin17.6%

Net margin15.6%

EBITDAUSD 913.9M

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

returned in FY2025 · dividends + net buybacks

Net buybacks $M Dividends $M

FY2021 · Dividends 375.9 · Net buybacks -513.5

300M600M-400M-800MDividendsNet buybacks

2012201320142015201620172018201920202021

Total assetsUSD 53.1B

EquityUSD 8.4B

CashUSD 1.8B

Gross debtUSD 35.4B

Net debtUSD 33.6B

Net debt stands at 399% of equity.

The 14-year record

14 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data

RITM, 14-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue $B	4.6	4.9	3.7	4.9	3.7	1.7	2.4	2.3	◌	◌	◌	◌	◌	◌
Operating income $B	0.8	1.2	0.8	1.3	1.0	−1.3	0.6	0.9	1.2	0.6	0.3	0.5	0.3	0.0
EBITDA $B	0.9	1.3	0.8	1.4	1.0	−1.3	0.6	◌	◌	◌	0.8	0.7	0.3	◌
Income tax $B	0.1	0.3	0.1	0.3	0.2	0.0	0.0	−0.1	0.2	0.0	−0.0	0.0	0.0	0.0
Net income $B	0.7	0.9	0.6	1.0	0.8	−1.4	0.6	1.0	1.0	0.6	0.3	0.4	0.3	0.0
EPS, diluted $	1.04	1.67	1.10	1.80	1.51	−3.52	1.34	2.81	3.15	2.12	1.32	2.53	2.07	0.33
Dividend / sh $	1.00	1.00	1.00	1.00	0.90	0.50	2.00	2.00	1.98	1.84	1.75	1.58	0.99	0.00
Payout %	—	—	—	—	47	−24	133	66	56	74	107	51	23	0
ROE %	8.6	12.6	8.9	14.5	13.5	−21.8	9.2	18.8	25.5	19.2	12.8	30.9	32.3	10.9
Shares out B	0.56	0.52	0.48	0.47	0.47	0.41	0.42	0.37	0.31	0.25	0.23	0.14	0.25	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

BN · CBRE · JLL · WELL · AMT · CWK

Provenance

Company facts, as filed

How we verify · 0 failures in 42 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. 16 checks were skipped: cost of revenue is not tagged before 2023. Five checks were skipped: the balance sheet is not tagged before 2012. Five checks were skipped: EPS is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityReal Estate Investment Trusts

Listed onNYSE

Incorporated innot stated in the filings

Fiscal year endsDecember 31

Data on record since2012