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RC (Ready Capital) Net Margin % : -15.08% (As of Sep. 2024)


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What is Ready Capital Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ready Capital's Net Income for the three months ended in Sep. 2024 was $-9.31 Mil. Ready Capital's Revenue for the three months ended in Sep. 2024 was $61.74 Mil. Therefore, Ready Capital's net margin for the quarter that ended in Sep. 2024 was -15.08%.

The historical rank and industry rank for Ready Capital's Net Margin % or its related term are showing as below:

RC' s Net Margin % Range Over the Past 10 Years
Min: -135.37   Med: 35.22   Max: 87.05
Current: -135.37


RC's Net Margin % is ranked worse than
95.52% of 915 companies
in the REITs industry
Industry Median: 36.2 vs RC: -135.37

Ready Capital Net Margin % Historical Data

The historical data trend for Ready Capital's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ready Capital Net Margin % Chart

Ready Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.88 11.67 53.23 50.68 87.05

Ready Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.79 8.71 110.31 142.45 -15.08

Competitive Comparison of Ready Capital's Net Margin %

For the REIT - Mortgage subindustry, Ready Capital's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ready Capital's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ready Capital's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ready Capital's Net Margin % falls into.



Ready Capital Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ready Capital's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=339.451/389.936
=87.05 %

Ready Capital's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-9.31/61.737
=-15.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ready Capital  (NYSE:RC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ready Capital Net Margin % Related Terms

Thank you for viewing the detailed overview of Ready Capital's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ready Capital Business Description

Traded in Other Exchanges
Address
1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of LMM Commercial Real Estate and Small Business Lending. It generates the majority of its revenue from LMM Commercial Real Estate.
Executives
Gilbert E Nathan director C/O EMERGENT CAPITAL, INC., 5355 TOWN CENTER ROAD, SUITE 701, BOCA RATON FL 33486
Kevin M Luebbers director 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Thomas E Capasse director, officer: Chairman of the Board and CEO SUTHERLAND ASSET MANAGEMENT CORPORATION, 1185 AVENUE OF THE AMERICAS, 18TH FLOOR, NEW YORK NY 10036
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel J. Hirsch director 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Meredith Marshall director 50 RIVERSIDE BLVD, APT 14C, NEW YORK NY 10069
Andrew Ahlborn officer: Chief Financial Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Erving Julius W Ii director DR J ENTERPRISES LLC, 3355 LENOX ROAD NE SUITE 750, ATLANTA GA 30326
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Adam Zausmer officer: Chief Credit Officer C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK NY 10020
Gary Taylor officer: Chief Operating Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
J Mitchell Reese director 210 MONTEREY DR. S., VERO BEACH FL 32963
Todd M. Sinai director C/O SUTHERLAND ASSET MANAGEMENT CORP, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Thomas Buttacavoli officer: Chief Investment Officer C/O SUTHERLAND ASSET MANAGEMENT CORP., 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036