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RCC logoReady Capital Corporation 5.75%(RCC)Earnings, Financials & Key Ratios

RCC•NYSE•REIT / Real Estate
$25.04
$4.08B mkt cap·Price updated Apr 24, 2026
SectorReal EstateIndustryIndustrial REITsSub-IndustryReal Estate Finance and Mortgage REITs
AboutReady Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. It operates through the following segments: SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. The SBC Lending and Acquisitions segment is involved in the SBC loans across the full life-cycle of an SBC property including construction, bridge, stabilized, and agency loan origination channels through wholly-owned subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program through wholly-owned subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment focuses on the residential mortgage loan origination segment through wholly-owned subsidiary, GMFS, LLC. The company was founded in November 2011 and is headquartered in New York, NY.Show more
  • Revenue$499M+1726.0%
  • FFO-$226M+45.6%
  • FFO/Share-1.35+44.6%
  • FFO Payout0%
  • FFO per Share-1.35+44.6%
  • NOI Margin87.67%-12.3%
  • FFO Margin-45.27%+97.0%
  • ROE-12.76%+32.9%
  • ROA-2.56%+33.8%
  • Debt/Assets75.46%+26.8%
  • Net Debt/EBITDA45.37
  • Book Value/Share9.87-13.0%
Technical→

RCC Key Insights

Ready Capital Corporation 5.75% (RCC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓High NOI margin of 87.7%
  • ✓Healthy dividend yield of 4.8%
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗High debt to equity ratio of 3.5x

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

RCC Price & Volume

Ready Capital Corporation 5.75% (RCC) stock price & volume — 10-year historical chart

Loading chart...

RCC Growth Metrics

Ready Capital Corporation 5.75% (RCC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years24.03%
5 Years5.36%
3 Years9.22%
TTM1725.96%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM47.47%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM45.03%

Return on Capital

10 Years-1.32%
5 Years1.35%
3 Years1.35%
Last Year1.35%

RCC Recent Earnings

Ready Capital Corporation 5.75% (RCC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/9 qtrs (67%)●Beat Revenue 1/9 qtrs (33%)
Q2 2026Latest
Mar 2, 2026
EPS
$1.45
Revenue
$318M
Q4 2025
Nov 6, 2025
EPS
$0.11
Est $0.24
+53.4%
Revenue
$623,000
Est $73M
-100.9%
Q3 2025
Aug 7, 2025
EPS
$0.34
Est $0.05
-528.8%
Revenue
$182M
Est $43M
+325.6%
Q2 2025
May 8, 2025
EPS
$0.46
Est $0.12
+291.3%
Revenue
$26M
Est $89M
-71.1%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 2, 2026
$1.45
$318M
Q4 2025Nov 6, 2025
$0.11vs $0.24+53.4%
$623,000vs $73M-100.9%
Q3 2025Aug 7, 2025
$0.34vs $0.05-528.8%
$182Mvs $43M+325.6%
Q2 2025May 8, 2025
$0.46vs $0.12+291.3%
$26Mvs $89M-71.1%
Based on last 9 quarters of dataView full earnings history →

RCC Peer Comparison

Ready Capital Corporation 5.75% (RCC) competitors in Real Estate Finance and Mortgage REITs — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RC logoRCReady Capital CorporationDirect Competitor330.14M2.04-0.78-92.98%-16.58%3.12
BXMT logoBXMTBlackstone Mortgage Trust, Inc.Direct Competitor3.25B19.2930.14-13.96%6.75%2.93%4.61
ACRE logoACREAres Commercial Real Estate CorporationDirect Competitor287.24M5.22-318.29-2.79%-1.6%-0.18%2.06
TRTX logoTRTXTPG RE Finance Trust, Inc.Direct Competitor664.08M8.5915.07123.25%23.2%5.7%3.08
GPMT logoGPMTGranite Point Mortgage Trust Inc.Direct Competitor70.87M1.49-1.28187.77%-30.49%-7.1%2.12
KREF logoKREFKKR Real Estate Finance Trust Inc.Direct Competitor422.45M6.57-6.26-22.72%-23.56%-8.4%3.83
LADR logoLADRLadder Capital CorpProduct Competitor1.31B10.2920.18-23.26%16.52%4.29%2.37
FBRT logoFBRTFranklin BSP Realty Trust, Inc.Product Competitor704.6M9.1614.30-100%17.89%4.73%2.78

Compare RCC vs Peers

Ready Capital Corporation 5.75% (RCC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RC

Most directly comparable listed peer for RCC.

Scale Benchmark

vs NLY

Larger-name benchmark to compare RCC against a more recognizable public peer.

Peer Set

Compare Top 5

vs RC, BXMT, ACRE, TRTX

RCC Income Statement

Ready Capital Corporation 5.75% (RCC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue152.82M158.26M197.87M384.65M296.34M383.33M389.94M27.35M499.47M
Revenue Growth %22.31%3.56%25.03%94.39%-22.96%29.36%1.72%-92.98%1725.96%
Property Operating Expenses77.01M28.75M00000061.61M
Net Operating Income (NOI)
75.81M▲ 0%
129.52M▲ 70.8%
197.87M▲ 52.8%
384.65M▲ 94.4%
296.34M▼ 23.0%
383.33M▲ 29.4%
389.94M▲ 1.7%
27.35M▼ 93.0%
437.87M▲ 1500.7%
NOI Margin %49.61%81.84%100%100%100%100%100%100%87.67%
Operating Expenses86.19M121.49M197.87M384.65M296.34M383.33M389.94M27.35M316.91M
G&A Expenses65.21M65.52M61.11M102.31M71.74M87.86M96.27M98.74M30.84M
EBITDA180.38M134.13M000000123.77M
EBITDA Margin %118.04%84.75%0%0%0%0%0%0%24.78%
Depreciation & Amortization232.21M255.62M0000002.81M
D&A / Revenue %151.95%161.52%0%0%0%0%0%0%0.56%
Operating Income
-51.83M▲ 0%
-121.49M▼ 134.4%
0▲ 100.0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
120.96M▲ 0%
Operating Margin %-33.92%-76.77%0%0%0%0%0%0%24.22%
Interest Expense74.65M109.24M151.88M175.48M213.56M400.77M716.47M696.46M514.13M
Interest Coverage-0.69x-1.11x------0.24x
Non-Operating Income70.7M39.74M000000-90.61M
Pretax Income
47.65M▲ 0%
62.84M▲ 31.9%
64.5M▲ 2.6%
54.45M▼ 15.6%
132.16M▲ 142.7%
175.03M▲ 32.4%
358.42M▲ 104.8%
-516.51M▼ 244.1%
-302.56M▲ 41.4%
Pretax Margin %31.18%39.71%32.6%14.16%44.6%45.66%91.92%-1888.25%-60.58%
Income Tax1.84M1.39M-10.55M8.38M14.86M15.47M7.17M-104.51M-86.7M
Effective Tax Rate %3.86%2.21%-16.36%15.4%11.24%8.84%2%20.23%28.66%
Net Income
43.29M▲ 0%
59.26M▲ 36.9%
72.97M▲ 23.1%
44.87M▼ 38.5%
157.74M▲ 251.6%
194.26M▲ 23.2%
339.45M▲ 74.7%
-435.75M▼ 228.4%
-228.91M▲ 47.5%
Net Margin %28.33%37.44%36.88%11.67%53.23%50.68%87.05%-1593.02%-45.83%
Net Income Growth %-11.96%36.89%23.14%-38.51%251.56%23.15%74.74%-228.37%47.47%
Funds From Operations (FFO)
275.5M▲ 0%
314.88M▲ 14.3%
79.22M▼ 74.8%
44.87M▼ 43.4%
173.75M▲ 287.2%
219.33M▲ 26.2%
359.68M▲ 64.0%
-415.98M▼ 215.7%
-226.1M▲ 45.6%
FFO Margin %180.28%198.96%40.04%11.67%58.63%57.22%92.24%-1520.73%-45.27%
FFO Growth %73.41%14.29%-74.84%--26.23%63.99%-215.65%45.65%
FFO per Share8.789.811.880.832.531.872.42-2.44-1.35
FFO Payout Ratio %17.52%16.3%79.94%126.78%64.42%85.64%59.8%0%0%
EPS (Diluted)
1.38▲ 0%
1.85▲ 34.1%
1.72▼ 7.0%
0.81▼ 52.9%
1.54▲ 90.1%
1.51▼ 1.9%
2.23▲ 47.7%
-2.63▼ 217.9%
-1.44▲ 45.2%
EPS Growth %-25.41%34.06%-7.03%-52.91%90.12%-1.95%47.68%-217.94%45.25%
EPS (Basic)1.381.851.720.812.171.322.26-2.63-1.44
Diluted Shares Outstanding31.37M32.1M42.05M53.82M68.66M117.19M148.57M170.47M167.26M

RCC Balance Sheet

Ready Capital Corporation 5.75% (RCC) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets2.52B3.04B4.98B5.37B9.53B11.62B12.44B10.14B7.77B
Asset Growth %-3.14%20.34%63.89%7.94%77.47%21.89%7.06%-18.48%-23.39%
Real Estate & Other Assets875.16M1.26B-31.8M-36.59M49.58M136.27M-6.13B-510.69M-2.31B
PP&E (Net)1.36B24M4.53M3.17M2.4M1.69M2.54M7.36M0
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets81.58M1.49B111.19M41.13M237.4M289.93M272.89M0207.84M
Cash & Equivalents63.42M54.41M67.93M138.97M229.53M163.04M138.53M143.8M247.59M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K0
Other Current Assets01.41B70.55M0-21.58M-10.19B123.26M-391.42M-39.75M
Intangible Assets94.04M120.06M130.28M121.65M219.44M102.57M120.59M165.45M126.28M
Total Liabilities1.97B2.47B4.13B4.54B8.25B9.72B9.79B8.21B6.12B
Total Debt1.78B2.31B3.93B4.12B7.92B9.34B7.24B6.04B5.86B
Net Debt1.71B2.25B3.86B3.98B6.74B9.03B7.11B5.89B5.62B
Long-Term Debt1.78B1.82B2.74B3.12B5.81B8.34B7.09B5.7B5.86B
Short-Term Borrowings101.1M88.39M380.2M999.47M2.11B996.56M149.92M317.05M722.73M
Capital Lease Obligations004.62M3.67M3M1.78M8.21M17.81M0
Total Current Liabilities86.92M86.86M411.65M569.96M655.96M457.75M345.13M00
Accounts Payable15.98M24.83M31.45M27.01M41.38M47.95M41.62M53.33M0
Deferred Revenue-18.22M-48.69M4.13B10.7M286K9.72B-32.98M00
Other Liabilities86.95M344.67M-2.76B02.51B-6.38B11.27M-5.72B179.84M
Total Equity
555.47M▲ 0%
564.08M▲ 1.5%
844.78M▲ 49.8%
834.21M▼ 1.3%
1.28B▲ 53.5%
1.9B▲ 48.3%
2.65B▲ 39.4%
1.94B▼ 26.9%
1.65B▼ 14.7%
Equity Growth %0.61%1.55%49.76%-1.25%53.51%48.26%39.41%-26.86%-14.68%
Shareholders Equity536.07M544.83M825.41M815.4M1.28B1.8B2.55B1.84B1.55B
Minority Interest19.39M19.24M19.37M18.81M4.49M99.15M98.46M97.7M99.23M
Common Stock3K3K5K5K8K11K17K17K17K
Additional Paid-in Capital539.46M540.48M822.84M849.54M1.16B1.68B2.32B2.25B2.26B
Retained Earnings-3.38M5.27M8.75M-24.2M8.6M4.99M124.41M-505.09M-807.52M
Preferred Stock05.27M00111.38M119.74M119.74M111.38M119.74M
Return on Assets (ROA)1.69%2.13%1.82%0.87%2.12%1.84%2.82%-3.86%-2.56%
Return on Equity (ROE)7.82%10.59%10.36%5.34%14.92%12.22%14.94%-19.02%-12.76%
Debt / Assets70.36%75.96%78.97%76.71%83.06%80.35%58.23%59.51%75.46%
Debt / Equity3.20x4.09x4.65x4.94x6.18x4.92x2.74x3.12x3.55x
Net Debt / EBITDA9.49x16.79x------45.37x
Book Value per Share17.7117.5720.0915.5018.6516.2017.8211.369.87

RCC Cash Flow Statement

Ready Capital Corporation 5.75% (RCC) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations352.49M140.3M-52.4M68.89M-34.44M359.15M33.07M-51.22M455.9M
Operating CF Growth %2287.65%-60.2%-137.35%231.48%-149.99%1142.79%-90.79%-254.89%990.08%
Operating CF / Revenue %230.66%88.65%-26.48%17.91%-11.62%93.69%8.48%-187.25%91.28%
Net Income45.81M61.46M75.06M46.07M159.97M203.16M341M-418.49M-221.06M
Depreciation & Amortization14.53M15.47M6.25M016.01M25.07M20.23M19.77M2.81M
Stock-Based Compensation290K447K1.48M5.3M6.92M7.5M005.81M
Other Non-Cash Items379.79M171.49M-113.75M-53.25M-184.09M176.78M-195.18M482.28M668.34M
Working Capital Changes20.28M-12.58M-15.17M70.78M-17.25M-28.29M-132.97M-134.79M0
Cash from Investing-242.23M-580.76M-1.21B-59.44M-1.72B-1.56B1.04B1.86B1.64B
Acquisitions (Net)020.88M-5M0-11.54M123.71M38.71M-44.37M16.02M
Purchase of Investments-54.32M362K-26.66M-37.92M-59.71M-128.24M-37.79M-34.65M0
Sale of Investments1000K1000K1000K1000K1000K1000K1000K1000K776K
Other Investing-624.36M-1.4B-1.2B-34.01M41.75M-1.77B942.95M1.86B1.63B
Cash from Financing-106.4M444.48M1.3B63.05M1.88B1.17B-1.09B-1.88B-2.04B
Dividends Paid-48.26M-51.32M-63.33M-56.88M-111.92M-187.83M-215.09M-206.06M-113.32M
Common Dividends-48.26M-51.32M-63.33M-56.88M-111.92M-187.83M000
Debt Issuance (Net)-1000K1000K1000K1000K1000K1000K-1000K-1000K0
Share Repurchases0-103K0-9.23M-98.24M-36.97M-18.11M-82.25M-67.6M
Other Financing-56K63.56M-29.39M-14.47M-63.4M-166.26M35.27M-41.89M-1.92B
Net Change in Cash
3.86M▲ 0%
4.02M▲ 4.1%
33.01M▲ 722.0%
72.5M▲ 119.6%
122.85M▲ 69.4%
-26.3M▼ 121.4%
-50.37M▼ 91.5%
5.77M▲ 111.5%
66.76M▲ 1057.4%
Exchange Rate Effect000000-1000K1000K0
Cash at Beginning59.57M90.95M94.97M127.98M200.48M323.33M218.97M168.59M182.77M
Cash at End63.42M94.97M127.98M200.48M323.33M297.03M168.59M174.36M249.53M
Free Cash Flow
352.49M▲ 0%
139.94M▼ 60.3%
-53.29M▼ 138.1%
68.89M▲ 229.3%
-3.74B▼ 5527.6%
359.15M▲ 109.6%
33.07M▼ 90.8%
-51.22M▼ 254.9%
455.9M▲ 990.1%
FCF Growth %336.76%-60.3%-138.08%229.28%-5527.62%109.6%-90.79%-254.89%990.08%
FCF / Revenue %230.66%88.42%-26.93%17.91%-1261.83%93.69%8.48%-187.25%91.28%

RCC Key Ratios

Ready Capital Corporation 5.75% (RCC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
FFO per Share5.968.789.811.880.832.531.872.42-2.44-1.35
FFO Payout Ratio29.5%17.52%16.3%79.94%126.78%64.42%85.64%59.8%0%0%
NOI Margin47.5%49.61%81.84%100%100%100%100%100%100%87.67%
Net Debt / EBITDA10.58x9.49x16.79x------45.37x
Debt / Assets46.73%70.36%75.96%78.97%76.71%83.06%80.35%58.23%59.51%75.46%
Interest Coverage--0.69x-1.11x------0.24x
Book Value / Share20.7217.7117.5720.0915.518.6516.217.8211.369.87
Revenue Growth115.49%22.31%3.56%25.03%94.39%-22.96%29.36%1.72%-92.98%1725.96%

RCC SEC Filings & Documents

Ready Capital Corporation 5.75% (RCC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 24, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Nov 6, 2025·SEC

10-K Annual Reports

4
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 9, 2025·SEC

RCC Frequently Asked Questions

Ready Capital Corporation 5.75% (RCC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Ready Capital Corporation 5.75% (RCC) reported $499.5M in revenue for fiscal year 2025. This represents a 1943% increase from $24.4M in 2012.

Ready Capital Corporation 5.75% (RCC) grew revenue by 1726.0% over the past year. This is strong growth.

Ready Capital Corporation 5.75% (RCC) reported a net loss of $228.9M for fiscal year 2025.

Dividend & Returns

Yes, Ready Capital Corporation 5.75% (RCC) pays a dividend with a yield of 4.83%. This makes it attractive for income-focused investors.

Ready Capital Corporation 5.75% (RCC) has a return on equity (ROE) of -12.8%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Ready Capital Corporation 5.75% (RCC) generated Funds From Operations (FFO) of $-226.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Ready Capital Corporation 5.75% (RCC) offers a 4.83% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

Explore More RCC

Ready Capital Corporation 5.75% (RCC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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