Ready Capital Corporation (RC) Financial Ratios
13 years of historical data (2012–2024) · Real Estate · REIT - Mortgage
EV/EBITDA
N/A
—
5yr avg: N/A
30Y Low12.1·High43.6
P/FCF
↑
N/A
—
5yr avg: 19.80
30Y Low1.3·High56.6
P/B Ratio
↓
0.18
↓-74% vs avg
5yr avg: 0.70
30Y Low0.6·High3.3
ROE
↓
-19.0%
↑-435% vs avg
5yr avg: 5.7%
30Y Low-19%·High31%
Debt/EBITDA
N/A
—
5yr avg: N/A
30Y Low9.8·High18.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ready Capital Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $330M | $1.2B | $1.5B | $1.3B | $1.1B | $670M | $648M | $444M | $475M | $358M | $470M |
| Enterprise Value | $6.2B | $7.1B | $8.6B | $10.3B | $7.8B | $4.7B | $4.5B | $2.7B | $2.2B | $1.5B | $903M |
| P/E Ratio → | -0.78 | — | 4.60 | 7.38 | 10.15 | 15.37 | 8.97 | 7.48 | 10.98 | 7.27 | — |
| P/S Ratio | 12.07 | 42.50 | 3.91 | 3.41 | 3.62 | 1.74 | 3.28 | 2.81 | 3.11 | 2.87 | 8.10 |
| P/B Ratio | 0.18 | 0.60 | 0.58 | 0.69 | 0.84 | 0.80 | 0.77 | 0.79 | 0.86 | 0.65 | 2.64 |
| P/FCF | — | — | 46.05 | 3.64 | — | 9.73 | — | 3.17 | 1.35 | 4.44 | — |
| P/OCF | — | — | 46.05 | 3.64 | — | 9.73 | — | 3.16 | 1.35 | 24.28 | — |
P/E links to full P/E history page with 30-year chart
RC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 257.88 | 22.13 | 26.95 | 26.38 | 12.09 | 22.80 | 17.04 | 14.31 | 12.14 | 15.57 |
| EV / EBITDA | — | — | — | — | — | — | — | 20.10 | 12.13 | 13.86 | — |
| EV / EBIT | — | — | — | — | — | — | — | 52.72 | — | — | — |
| EV / FCF | — | — | 260.93 | 28.77 | — | 67.52 | — | 19.27 | 6.21 | 18.79 | — |
RC Profitability
Margins and return-on-capital ratios measuring operating efficiency
A negative ROE of -19.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 81.8% | 49.6% | 47.5% | 67.5% |
| Operating Margin | — | — | — | — | — | — | — | -76.8% | -33.9% | -0.2% | -55.0% |
| Net Profit Margin | -1593.0% | -1593.0% | 87.1% | 50.7% | 53.2% | 11.7% | 36.9% | 37.4% | 28.3% | 39.4% | -2.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -19.0% | -19.0% | 14.9% | 12.2% | 14.9% | 5.3% | 10.4% | 10.6% | 7.8% | 13.5% | -0.7% |
| ROA | -3.9% | -3.9% | 2.8% | 1.8% | 2.1% | 0.9% | 1.8% | 2.1% | 1.7% | 2.9% | -0.2% |
| ROIC | — | — | — | — | — | — | — | -3.6% | -2.0% | -0.0% | -3.9% |
| ROCE | — | — | — | — | — | — | — | -4.5% | -2.1% | -0.0% | -4.2% |
RC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $5.9B ($6.0B total debt minus $144M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.12 | 3.12 | 2.74 | 4.92 | 6.18 | 4.94 | 4.65 | 4.09 | 3.20 | 2.21 | 2.55 |
| Debt / EBITDA | — | — | — | — | — | — | — | 17.20 | 9.84 | 11.13 | — |
| Net Debt / Equity | — | 3.04 | 2.68 | 4.75 | 5.27 | 4.77 | 4.57 | 3.99 | 3.08 | 2.10 | 2.44 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | 16.79 | 9.49 | 10.58 | — |
| Debt / FCF | — | — | 214.88 | 25.13 | — | 57.80 | — | 16.10 | 4.86 | 14.35 | — |
| Interest Coverage | — | — | — | — | — | — | — | -1.11 | -0.69 | — | -1.69 |
RC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio has improved from 0.63x to 0.79x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 0.79 | 0.63 | 0.36 | 0.07 | 0.27 | 17.15 | 0.94 | 4.89 | 1.14 |
| Quick Ratio | — | — | 1.17 | 0.38 | 0.44 | 0.07 | 0.50 | 16.98 | 1.02 | 4.84 | 0.77 |
| Cash Ratio | — | — | 0.41 | 0.62 | 0.35 | 0.24 | 0.17 | 0.63 | 0.73 | 4.64 | 0.94 |
| Asset Turnover | — | 0.00 | 0.03 | 0.03 | 0.03 | 0.07 | 0.04 | 0.05 | 0.06 | 0.05 | 0.07 |
| Inventory Turnover | — | — | — | — | — | — | — | 1.98 | — | 16.68 | 2.29 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
RC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ready Capital Corporation returns 84.2% to shareholders annually — split between a 59.3% dividend yield and 24.9% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 59.3% | 17.7% | 14.1% | 14.4% | 10.4% | 8.5% | 9.8% | 11.6% | 10.2% | 13.1% | 7.6% |
| Payout Ratio | — | — | — | 96.7% | 71.0% | 126.8% | 86.8% | 86.6% | 111.5% | 95.3% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 21.8% | 13.6% | 9.9% | 6.5% | 11.2% | 13.4% | 9.1% | 13.8% | — |
| FCF Yield | — | — | 2.2% | 27.5% | — | 10.3% | — | 31.5% | 74.2% | 22.5% | — |
| Buyback Yield | 24.9% | 7.1% | 1.2% | 2.8% | 9.2% | 1.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 84.2% | 24.8% | 15.3% | 17.2% | 19.6% | 9.9% | 9.8% | 11.6% | 10.2% | 13.1% | 7.6% |
| Shares Outstanding | — | $170M | $149M | $117M | $69M | $54M | $42M | $32M | $31M | $27M | $31M |
Peer Comparison
Compare RC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RCYou | $330M | -0.8 | — | — | 100.0% | — | -19.0% | — | — |
 ACRE | $287M | -318.3 | 18.6 | 13.5 | 67.2% | 72.4% | -0.2% | 2.9% | 14.9 |
 BXMT | $3B | 30.1 | 16.4 | 11.8 | 76.9% | 71.6% | 3.0% | 4.3% | 14.0 |
 TRTX | $664M | 15.1 | 15.1 | 7.3 | 79.3% | 73.0% | 5.5% | 4.7% | 12.9 |
 GPMT | $71M | -1.3 | 20.7 | 26.6 | 83.0% | 43.6% | -7.0% | 2.6% | 20.6 |
 KREF | $422M | -6.3 | 18.3 | 6.3 | 88.3% | 59.3% | -3.6% | 3.4% | 17.1 |
 BRSP | $775M | -22.9 | 19.0 | 10.6 | 49.6% | 39.5% | -3.2% | 3.0% | 14.8 |
 LADR | $1B | 20.2 | 17.3 | 15.0 | 71.8% | 62.0% | 4.3% | 4.4% | 12.7 |
 ARI | $1B | 13.5 | 19.4 | 34.4 | 80.1% | 65.4% | 6.8% | 4.0% | 16.7 |
 FBRT | $705M | 14.3 | 49.1 | 2.4 | — | — | 5.4% | 1.2% | 43.6 |
 SACH | $51M | 27.3 | 11.3 | 20.5 | 97.8% | 58.8% | 3.5% | 4.8% | 9.8 |
| Real Estate Median | — | 24.3 | 16.7 | 15.7 | 50.7% | 25.0% | 3.5% | 2.6% | 7.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonRC — Frequently Asked Questions
Quick answers to the most common questions about buying RC stock.
What is Ready Capital Corporation's P/E ratio?
Ready Capital Corporation's current P/E ratio is -0.8x. The historical average is 16.6x.
What is Ready Capital Corporation's ROE?
Ready Capital Corporation's return on equity (ROE) is -19.0%. The historical average is 9.3%.
Is RC stock overvalued?
Based on historical data, Ready Capital Corporation is trading at a P/E of -0.8x. Compare with industry peers and growth rates for a complete picture.
What is Ready Capital Corporation's dividend yield?
Ready Capital Corporation's current dividend yield is 59.25%.
What are Ready Capital Corporation's profit margins?
Ready Capital Corporation has 100.0% gross margin.