RITCV Financials
This page shows RITCV (RITCV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Leverage and balance-sheet growth drive this business, but reported profit no longer converts into operating cash the way it once did.
From FY2023 to FY2025, total assets climbed from$39.7B to$53.1B and liabilities from$32.6B to$43.8B , yet operating cash flow swung from$694M to-$2.2B and then-$1.3B while net income stayed positive. That combination indicates recent expansion was funded through the balance sheet rather than internal cash generation, so earnings and cash are describing the business differently.
With debt to equity at 4.2x in FY2025 and return on assets only
In FY2024, cash preservation depended on external financing: operating cash flow was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of RITCV's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RITCV's revenue declined 6.7% year-over-year, from $4.9B to $4.6B. This contraction results in a growth score of 51/100.
RITCV has elevated debt relative to equity (D/E of 4.20), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 16/100, reflecting increased financial risk.
RITCV generates a 6.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is down from 10.7% the prior year.
RITCV passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, RITCV generates $-2.28 in operating cash flow (-$1.3B OCF vs $567.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
RITCV generated $4.6B in revenue in fiscal year 2025. This represents a decrease of 6.7% from the prior year.
RITCV reported $567.2M in net income in fiscal year 2025. This represents a decrease of 32.1% from the prior year.
RITCV earned $1.04 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 37.7% from the prior year.
Cash & Balance Sheet
RITCV held $1.8B in cash against $35.4B in long-term debt as of fiscal year 2025.
RITCV paid $1.00 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
RITCV had 556M shares outstanding in fiscal year 2025. This represents an increase of 6.8% from the prior year.
Margins & Returns
RITCV's net profit margin was 12.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.
RITCV's ROE was 6.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.0 percentage points from the prior year.
Capital Allocation
RITCV spent $50.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
RITCV Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B+6.9% | $1.3B+16.8% | $1.1B-9.2% | $1.2B+24.6% | $976.9M-35.0% | $1.5B+50.3% | $999.4M-13.5% | $1.2B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $336.0M+4.4% | $321.9M+35.8% | $237.1M-1.0% | $239.6M+12.5% | $213.0M-8.8% | $233.6M+8.5% | $215.3M+0.4% | $214.5M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $44.8M-61.3% | $115.7M+1333.9% | $8.1M+169.6% | -$11.6M+51.5% | -$23.9M-111.9% | $200.7M+355.9% | -$78.4M-251.9% | $51.6M |
| Net Income | $102.7M+328.9% | -$44.9M-120.3% | $221.5M-28.9% | $311.7M+295.5% | $78.8M-59.3% | $193.7M+59.1% | $121.7M-48.3% | $235.6M |
| EPS (Diluted) | $0.12 | N/A | $0.35-34.0% | $0.53+657.1% | $0.07 | N/A | $0.20-53.5% | $0.43 |
RITCV Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $53.4B+0.6% | $53.1B+12.5% | $47.2B+6.4% | $44.3B-2.2% | $45.3B-1.6% | $46.0B+8.9% | $42.3B+0.6% | $42.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $1.6B-10.9% | $1.8B+14.7% | $1.6B+0.6% | $1.6B+7.2% | $1.5B+2.4% | $1.5B-11.0% | $1.6B+32.4% | $1.2B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $316.6M0.0% | $316.6M+136.6% | $133.8M0.0% | $133.8M0.0% | $133.8M0.0% | $133.8M+1.5% | $131.9M0.0% | $131.9M |
| Total Liabilities | $43.9B+0.1% | $43.8B+14.5% | $38.3B+6.3% | $36.0B-3.2% | $37.2B-2.6% | $38.2B+10.5% | $34.5B-0.2% | $34.6B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $35.2B-0.8% | $35.4B+10.0% | $32.2B+3.3% | $31.2B-3.2% | $32.2B-1.1% | $32.6B+10.0% | $29.6B-1.5% | $30.1B |
| Total Equity | $8.6B+2.1% | $8.4B-0.8% | $8.5B+6.9% | $7.9B+2.2% | $7.8B-0.2% | $7.8B+1.8% | $7.7B+4.5% | $7.3B |
| Retained Earnings | -$100.0M-401.3% | -$19.9M-128.2% | $70.8M+284.7% | $18.4M+114.2% | -$129.9M-176.5% | -$47.0M+73.6% | -$177.7M-24.1% | -$143.2M |
RITCV Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $100.7M+187.9% | -$114.6M+94.4% | -$2.0B-266.5% | -$557.1M-139.2% | $1.4B+181.1% | -$1.8B-328.3% | $768.1M+570.2% | $114.6M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$739.5M-151.0% | $1.4B+131.6% | $625.6M-67.1% | $1.9B+245.7% | -$1.3B-286.4% | -$337.6M+50.1% | -$676.2M-125.6% | $2.6B |
| Financing Cash Flow | $312.3M+139.5% | -$790.9M-152.3% | $1.5B+217.7% | -$1.3B-2394.4% | $56.0M-97.2% | $2.0B+473.3% | $349.8M+112.7% | -$2.7B |
| Dividends Paid | $139.6M+0.4% | $139.0M+0.4% | $138.5M+4.4% | $132.6M+0.1% | $132.5M+1.8% | $130.2M+0.2% | $129.9M+6.1% | $122.4M |
| Share Buybacks | $0 | $0 | $0 | $0-100.0% | $50.0M | $0 | $0 | $0 |
RITCV Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 7.4%+10.9pp | -3.5%-23.5pp | 20.0%-5.6pp | 25.6%+17.5pp | 8.1%-4.8pp | 12.9%+0.7pp | 12.2%-8.2pp | 20.4% |
| Return on Equity | 1.2%+1.7pp | -0.5%-3.1pp | 2.6%-1.3pp | 3.9%+2.9pp | 1.0%-1.5pp | 2.5%+0.9pp | 1.6%-1.6pp | 3.2% |
| Return on Assets | 0.2%+0.3pp | -0.1%-0.6pp | 0.5%-0.2pp | 0.7%+0.5pp | 0.2%-0.2pp | 0.4%+0.1pp | 0.3%-0.3pp | 0.6% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 4.08-0.1 | 4.20+0.4 | 3.79-0.1 | 3.92-0.2 | 4.14-0.0 | 4.18+0.3 | 3.87-0.2 | 4.10 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is RITCV's annual revenue?
RITCV (RITCV) reported $4.6B in total revenue for fiscal year 2025. This represents a -6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is RITCV's revenue growing?
RITCV (RITCV) revenue declined by 6.7% year-over-year, from $4.9B to $4.6B in fiscal year 2025.
Is RITCV profitable?
Yes, RITCV (RITCV) reported a net income of $567.2M in fiscal year 2025, with a net profit margin of 12.4%.
How much debt does RITCV have?
As of fiscal year 2025, RITCV (RITCV) had $1.8B in cash and equivalents against $35.4B in long-term debt.
What is RITCV's net profit margin?
RITCV (RITCV) had a net profit margin of 12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does RITCV pay dividends?
Yes, RITCV (RITCV) paid $1.00 per share in dividends during fiscal year 2025.
What is RITCV's return on equity (ROE)?
RITCV (RITCV) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is RITCV's operating cash flow?
RITCV (RITCV) generated -$1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are RITCV's total assets?
RITCV (RITCV) had $53.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is RITCV's debt-to-equity ratio?
RITCV (RITCV) had a debt-to-equity ratio of 4.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is RITCV's return on assets (ROA)?
RITCV (RITCV) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is RITCV's cash runway?
Based on fiscal year 2025 data, RITCV (RITCV) had $1.8B in cash against an annual operating cash burn of $1.3B. This gives an estimated cash runway of approximately 17 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is RITCV's Piotroski F-Score?
RITCV (RITCV) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are RITCV's earnings high quality?
RITCV (RITCV) has an earnings quality ratio of -2.28x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is RITCV?
RITCV (RITCV) scores 16 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.