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Ready Capital Corp

RC

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Subscriber-only column
Consolidated Entity Excluding Variable Interest En…
-2,3212,789-6277932,7132,0351,958601662,102-46
Variable Interest Entity Primary Beneficiary
-5271,175-220-1,0612,5743,581-844-3145,1195,068-230
Assets
Cash And Cash Equivalents At Carrying Value
124200208148163206144181226166139166
Restricted Cash
503940445740313130253031
Mortgage Backed Securities Held To Maturity Fair V…
323235333231313130302733
Equity Method Investments
166167161179169171162146135133133136
Derivative Instruments Not Designated As Hedging I…
--------141529
Derivative Assets
347567811--2-
Servicing Asset
117124126127124130128128120104103308
Real Estate Heldforsale
----200200193167188240253282
Real Estate Acquired Through Foreclosure
573610620633--193-----
Prepaid Expense And Other Assets
466466508473463400362412379316300265
Assets Of Disposal Group Including Discontinued Op…
--000186288475424439455-
Assets
6,2646,3147,7708,3329,3099,97610,14211,25311,77412,04412,44112,799
Liabilities
Secured Debt
--------2,3122,198-2,385
Borrowings Under Guaranteed Investment Agreements
950502524566629669691743782815845887
Business Combination Contingent Consideration Liab…
222019181716124-813
Derivative Instruments Not Designated As Hedging I…
--------310-
Derivative Liabilities
01122102--0-
Dividends Payable Current And Noncurrent
444232324434553545465
Accounts Payable And Other Accrued Liabilities
166161172166185186188279205194207168
Liabilities Of Disposal Group Including Discontinu…
--000157229393332316333-
Liabilities
4,9144,8666,1186,4497,3757,9278,1988,9159,3749,5359,79410,100
Temporary Equity Carrying Amount Attributable To P…
888888888888
Stockholders Equity
Preferred Stock Value
111111111111111111111111111111111111
Common Stock Value
000000000000
Additional Paid In Capital
2,2672,2662,2642,2572,2682,3022,2502,2922,2882,3072,3222,318
Retained Earnings Accumulated Deficit
-1,118-1,013-808-570-529-450-505-146-92-4124169
Accumulated Other Comprehensive Income Loss Net Of…
-21-24-24-24-23-22-19-24-14-12-18-6
Stockholders Equity
1,3421,3401,6431,8751,9262,0411,9362,3302,2932,4032,5402,691
Minority Interest
1031019910199100989799979899
Liabilities And Stockholders Equity
6,2646,3147,7708,3329,3099,97610,14211,25311,77412,04412,44112,799
Stockholders Equity Numbe…
Loans Held For Sale Fair Value Disclosure
6187731441358212910189-82-
Equity Method Investments Fair Value Disclosure
566666777778
Temporary Equity Liquidation Preference Per Share
252525252525252525252525
Preferred Stock Liquidation Preference
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
500500500500500500500500500500500500
Common Stock Shares Issued
165165163162164173163169168170172172
Shares Outstanding
165165163162164173163169168170172172

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-5.82%-5.82%-21.78%---------
20258.23%8.96%11.32%4.67%2.46%-21.15%-13.95%-23.81%-21.06%-26.21%-9.14%-11.58%
2024-0.84%1.35%15.48%-5.04%-10.31%-18.71%2.78%0.17%-4.02%-1.97%-10.57%-15.22%
2023----1.79%-6.49%-14.44%4.58%4.96%0.86%6.95%5.02%6.12%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Leverage & Debt
Interest Coverage TTM
-10.78
-7.65
-3.44
-3.60
-2.75
-2.20
-1.97
-1.03
-0.94
-0.64
-0.52
-0.46
Per Share Metrics
Diluted EPS TTM
-3.15
-2.97
-1.32
-1.88
-1.77
-1.66
-2.52
-0.58
-0.24
1.39
2.35
1.98
Free Cash Flow Per Share TTM
6.60
5.58
2.53
2.79
1.37
1.81
1.36
1.02
0.04
0.21
0.08
1.51
Dividend Per Share TTM
0.32
0.45
0.69
0.83
0.99
1.18
1.22
1.34
1.18
1.29
1.46
1.17
Margin Metrics
Gross Profit Margin TTM
199.27%
194.87%
190.33%
185.83%
182.06%
179.69%
177.64%
195.32%
194.60%
193.56%
192.55%
173.08%
Operating Profit Margin TTM
-147.60%
-120.28%
-53.16%
-54.41%
-46.36%
-40.69%
-57.58%
-18.63%
-11.76%
22.16%
37.90%
31.86%
Net Profit Margin TTM
-129.51%
-100.55%
-38.84%
-47.98%
-40.91%
-34.01%
-47.98%
-10.44%
-4.14%
25.06%
36.84%
38.66%
Growth Metrics
Net Revenue Growth (1Y)
-43.02%
-39.49%
-36.55%
-31.17%
-23.53%
-14.82%
-5.16%
5.40%
16.01%
27.48%
42.61%
52.68%
Net Income Growth (1Y)
80.35%
78.91%
-48.64%
216.28%
655.34%
-215.61%
-223.53%
-128.47%
-111.11%
40.14%
71.49%
42.55%
EPS Growth (1Y)
83.25%
80.54%
-47.21%
225.49%
659.41%
-220.41%
-207.27%
-129.08%
-108.67%
-9.85%
24.82%
-5.20%
Valuation Metrics
P/E TTM
-0.53
-0.53
-1.60
-2.00
-2.31
-2.79
-2.42
-11.35
-29.08
5.29
3.39
3.84
P/B TTM
0.22
0.20
0.22
0.33
0.36
0.38
0.54
0.48
0.51
0.53
0.45
0.49
P/S TTM
0.69
0.53
0.62
0.96
0.95
0.95
1.16
1.19
1.20
1.33
1.25
1.48
Market Cap
288.93M
263.65M
354.44M
622.62M
698.70M
779.03M
1.04B
1.12B
1.16B
1.28B
1.18B
1.33B
Enterprise Value
111.17M
63.22M
104.91M
475.12M
535.76M
573.11M
898.03M
936.71M
883.50M
1.11B
919.84M
1.16B
Calculated Values
Free Cash Flow TTM
1.09B
913.84M
416.10M
455.82M
230.19M
299.45M
230.45M
171.84M
6.34M
36.78M
12.42M
259.06M
Net Debt
-177.76M
-200.43M
-249.53M
-147.51M
-162.94M
-205.92M
-143.80M
-181.32M
-279.04M
-166.00M
-262.51M
-165.73M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-29Sale
Owner: Ahlborn, Andrew
Title: Chief Financial Officer
Shares: 2,799
Price/Share: $1.82
Value: $5,093.78
Shares Owned: 1,150,311
Relationship: Officer
Ownership: Direct
2026-05-29Purchase
Owner: Ahlborn, Andrew
Title: Chief Financial Officer
Shares: 2,799
Price/Share: $1.82
Value: $5,093.78
Shares Owned: 1,153,110
Relationship: Officer
Ownership: Direct
2026-03-06Purchase
Owner: Nathan, Gilbert E
Title: -
Shares: 30,000
Price/Share: $1.95
Value: $58,500.00
Shares Owned: 216,358
Relationship: Director
Ownership: Direct
2025-03-12Purchase
Owner: Ahlborn, Andrew
Title: Chief Financial Officer
Shares: 10,000
Price/Share: $5.04
Value: $50,400.00
Shares Owned: 310,808
Relationship: Officer
Ownership: Direct
2025-03-10Purchase
Owner: Taylor, Gary
Title: Chief Operating Officer
Shares: 10,000
Price/Share: $5.23
Value: $52,300.00
Shares Owned: 211,097
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
56.52%
Inst. Shares: 92,504,626
Shares Outstanding: 163,674,011
2025-12-31
55.99%
Inst. Shares: 92,127,536
Shares Outstanding: 164,544,350
2025-09-30
56.50%
Inst. Shares: 92,425,969
Shares Outstanding: 163,574,703
2025-06-30
61.14%
Inst. Shares: 102,566,924
Shares Outstanding: 167,749,917
2025-03-31
61.43%
Inst. Shares: 101,455,715
Shares Outstanding: 165,166,276

Ready Capital Corp (RC) — SEC Financial Statements & Analysis

Ready Capital Corp (RC) is a real estate investment trusts company, incorporated in MD. Ready Capital Corp trades on NYSE as: RC, RCD, RC-PC, RC-PE. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Ready Capital Corp reported a -43.02% year-over-year revenue growth, a Gross Profit Margin of 199.27% (TTM), a Price-to-Sales (P/S) ratio of 0.69x (TTM), a Price-to-Book (P/B) ratio of 0.22x (TTM), at a market cap of $288.93M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
-43.02%
Gross Profit Margin TTM
199.27%
P/S TTM
0.69x
P/B TTM
0.22x
Market Cap
$288.93M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Ready Capital Corp in?

Ready Capital Corp (RC) operates in the Real Estate Investment Trusts industry.

What is RC's market cap?

Ready Capital Corp (RC) has a market capitalization of $288.93M as of 2026-06-30.

What exchange does RC trade on?

Ready Capital Corp (RC) trades on the NYSE.

Where is Ready Capital Corp incorporated?

Ready Capital Corp is incorporated in MD.

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