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RITM| Name | Value |
|---|---|
| Revenues | 15.9M |
| Cost of Revenue | 222.5M |
| Gross Profit | -206.6M |
| Operating Expense | 191.6M |
| Operating I/L | -398.2M |
| Other Income/Expense | 360.9M |
| Interest Income | 454.3M |
| Pretax | -37.3M |
| Income Tax Expense | 29.9M |
| Net Income/Loss | -87.5M |
Rithm Capital Corp. is a real estate investment trust that provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio includes mortgage servicing related assets, residential securities and loans, and consumer loans. By qualifying as a real estate investment trust for federal income tax purposes and distributing at least 90% of its taxable income to its stockholders, the company generally avoids federal corporate income taxes. Formerly known as New Residential Investment Corp., the company changed its name to Rithm Capital Corp. in August 2022.
