What is Rithm Capital's earnings per share (EPS)?

Rithm Capital (RITM) reported diluted earnings per share of $1.04 for fiscal year 2025. This represents a -37.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Rithm Capital Financials

RITM

FY2025 annual

Revenue $4.6B -6.7% YoY

Net Income $567.2M -32.1% YoY

EPS (Diluted) $1.04 -37.7% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

Rithm Capital (RITM) reported $4.6B in revenue for fiscal year 2025, down 6.7% from the prior fiscal year. This page shows its 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).

Rhea AI RITM FY2025 2026-05-04

Rithm’s profit engine sits in a large leveraged balance sheet, while recent cash generation has moved the other way.

Rithm reported positive net income while operating cash flow stayed negative, improving only from -$2.19B to -$1.29B. With total assets at $53.1B and ROA at just 1.1%, the numbers suggest the balance sheet is producing accounting earnings faster than it is releasing cash, which is a crucial distinction in a finance-heavy model.

The latest year ended with debt to equity around 4.2x, underscoring a funding-dependent model rather than one buffered by large retained cash. Cash of $1.85B sits against $43.8B of liabilities, so resilience depends heavily on financing access and on asset performance holding up.

The company became bigger without becoming more efficient: total assets rose from $46.0B to $53.1B. Yet return on equity slipped to 6.7%, and the rising share count means per-share earning power weakened faster than the headline profit figure suggests because the same economics were spread across more owners.

Financial Health Signals

Financial health score not available

Rithm Capital does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

2/7

Rithm Capital passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$2.28used

For every $1 of reported earnings, Rithm Capital used $2.28 of operating cash (-$1.3B OCF vs $567.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$4.6B

YoY-6.7%

5Y CAGR+22.4%

Rithm Capital generated $4.6B in revenue in fiscal year 2025. This represents a decrease of 6.7% from the prior year.

Net Income

$567.2M

YoY-32.1%

10Y CAGR+7.2%

Rithm Capital reported $567.2M in net income in fiscal year 2025. This represents a decrease of 32.1% from the prior year.

EPS (Diluted)

$1.04

YoY-37.7%

10Y CAGR-2.4%

Rithm Capital earned $1.04 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 37.7% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$1.8B

YoY+26.7%

5Y CAGR+14.4%

10Y CAGR+22.1%

Rithm Capital held $1.8B in cash against $35.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.00

YoY0.0%

5Y CAGR+14.9%

10Y CAGR-5.4%

Rithm Capital paid $1.00 per share in dividends in fiscal year 2025. That is unchanged from the prior year.

Shares Outstanding

556M

YoY+6.8%

5Y CAGR+6.0%

10Y CAGR+9.2%

Rithm Capital had 556M shares outstanding in fiscal year 2025. This represents an increase of 6.8% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Margins & Returns

Net Margin

12.4%

YoY-4.6pp

5Y CAGR+93.8pp

Rithm Capital'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.

Return on Equity

6.7%

YoY-4.0pp

5Y CAGR+32.3pp

10Y CAGR-3.4pp

Rithm Capital'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.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

$50.0M

5Y CAGR+46.3%

Rithm Capital spent $50.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

R&D Spending

Not reported for fiscal year 2025.

Capital Expenditures

Not reported for fiscal year 2025.

RITM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RITM annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Revenue	$5.1B	$4.6B-6.7%	$4.9B+31.7%	$3.7B-24.1%	$4.9B+32.0%	$3.7B+123.6%	$1.7B-31.2%	$2.4B+6.3%	$2.3B	N/A	N/A	N/A	$346.9M+296.1%	$87.6M+159.4%	$33.8M
SG&A Expenses	$1.2B	$1.0B+16.5%	$868.5M+14.1%	$761.1M-15.1%	$896.1M+3.5%	$865.8M+57.9%	$548.4M+10.5%	$496.5M+12.4%	$441.9M+558.0%	$67.2M+74.1%	$38.6M-37.7%	$61.9M+129.1%	$27.0M+170.7%	$10.0M+69.7%	$5.9M
Interest Expense	N/A	N/A	N/A	$1.4B+79.7%	$791.0M+59.1%	$497.3M-14.9%	$584.5M-37.4%	$933.8M+54.0%	$606.4M+31.6%	$460.9M+23.4%	$373.4M+36.3%	$274.0M+94.7%	$140.7M+836.6%	$15.0M+2034.1%	$704K
Income Tax	$187.6M	$88.3M-67.0%	$267.3M+118.8%	$122.2M-56.3%	$279.5M+76.7%	$158.2M+835.4%	$16.9M-59.5%	$41.8M+156.9%	-$73.4M-143.8%	$167.6M+330.8%	$38.9M+453.7%	-$11.0M-147.9%	$23.0M	$0	$0
Net Income	$335.6M	$567.2M-32.1%	$835.0M+56.7%	$532.7M-38.4%	$864.8M+7.4%	$805.6M+159.3%	-$1.4B-324.1%	$605.9M-39.7%	$1.0B-1.0%	$1.0B+74.1%	$582.7M+106.7%	$281.9M-36.2%	$442.1M+66.4%	$265.6M+544.0%	$41.2M
EPS (Diluted)	—	$1.04-37.7%	$1.67+51.8%	$1.10-38.9%	$1.80+19.2%	$1.51+142.9%	-$3.52-362.7%	$1.34-52.3%	$2.81-10.8%	$3.15+48.6%	$2.12+60.6%	$1.32-47.8%	$2.53+22.2%	$2.07+527.3%	$0.33

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$1.3B-7.1%	$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
SG&A Expenses	$307.3M-8.5%	$336.0M-2.8%	$345.7M+45.8%	$237.1M+9.9%	$215.8M+1.3%	$213.0M-8.8%	$233.6M+8.5%	$215.3M
Income Tax	$19.0M-57.6%	$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
Net Income	$56.3M-45.2%	$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
EPS (Diluted)	$0.04	$0.12	N/A	$0.35-34.0%	$0.53	$0.07	N/A	$0.20

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

RITM Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RITM annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Total Assets	$53.1B+15.2%	$46.0B+15.9%	$39.7B+14.8%	$34.6B-13.0%	$39.7B+19.5%	$33.3B-25.9%	$44.9B+41.6%	$31.7B+42.7%	$22.2B+20.7%	$18.4B+21.1%	$15.2B+87.8%	$8.1B+35.8%	$6.0B+1014.0%	$534.9M
Cash & Equivalents	$1.8B+26.7%	$1.5B+13.3%	$1.3B-3.7%	$1.3B+0.3%	$1.3B+41.0%	$944.9M+78.7%	$528.7M+110.6%	$251.1M-15.1%	$295.8M+1.8%	$290.6M+16.3%	$249.9M+17.3%	$213.0M-21.7%	$272.0M	$0
Accounts Receivable	N/A	N/A	$0-100.0%	$473.1M	$0-100.0%	$4.2M-99.9%	$5.3B+33.9%	$3.9B+280.8%	$1.0B-38.9%	$1.7B+9.7%	$1.5B	$0	N/A	N/A
Goodwill	$316.6M+136.6%	$133.8M+1.5%	$131.9M+54.8%	$85.2M0.0%	$85.2M+189.1%	$29.5M0.0%	$29.5M+19.6%	$24.6M	$0	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$43.8B+14.8%	$38.2B+17.0%	$32.6B+18.3%	$27.6B-16.6%	$33.1B+18.9%	$27.8B-26.1%	$37.6B+47.0%	$25.6B+47.0%	$17.4B+16.6%	$14.9B+22.3%	$12.2B+95.6%	$6.2B+40.3%	$4.4B+2740.3%	$156.5M
Long-Term Debt	$35.4B+8.9%	$32.6B+20.7%	$27.0B+22.5%	$22.0B-26.2%	$29.8B+15.7%	$25.8B-27.7%	$35.7B+57.2%	$22.7B+43.9%	$15.8B+19.3%	$13.2B+16.8%	$11.3B+86.5%	$6.1B+47.5%	$4.1B+2622.8%	$150.9M
Total Equity	$8.4B+8.2%	$7.8B+11.2%	$7.0B+0.9%	$6.9B+5.1%	$6.6B+24.1%	$5.3B-25.7%	$7.2B+19.3%	$6.0B+27.9%	$4.7B+43.9%	$3.3B+16.6%	$2.8B+75.2%	$1.6B+26.1%	$1.3B+234.6%	$378.4M
Retained Earnings	-$19.9M+57.6%	-$47.0M+87.4%	-$373.1M+10.9%	-$418.7M+48.5%	-$813.0M+26.7%	-$1.1B-301.7%	$549.7M-33.8%	$830.7M+48.5%	$559.5M+165.8%	$210.5M+41.5%	$148.8M-37.4%	$237.8M+130.9%	$103.0M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$54.1B+1.4%	$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
Cash & Equivalents	$1.7B+1.1%	$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
Goodwill	$316.6M0.0%	$316.6M0.0%	$316.6M+136.6%	$133.8M0.0%	$133.8M0.0%	$133.8M0.0%	$133.8M+1.5%	$131.9M
Total Liabilities	$44.7B+1.8%	$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
Long-Term Debt	$36.0B+2.4%	$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
Total Equity	$8.5B-1.1%	$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
Retained Earnings	-$226.4M-126.5%	-$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

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities.

RITM Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RITM annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Operating Cash Flow	-$1.9B	-$1.3B+40.9%	-$2.2B-415.1%	$693.6M-87.9%	$5.8B+67.5%	$3.4B+83.3%	$1.9B+217.2%	-$1.6B-30.0%	-$1.2B-36.6%	-$899.7M-260.4%	$560.8M+83.0%	$306.5M+278.1%	-$172.1M-209.6%	$156.9M	$0
Investing Cash Flow	$101.2M	$2.7B+210.2%	-$2.4B-1219.0%	$216.7M+63.1%	$132.9M-93.9%	$2.2B-74.7%	$8.6B+178.6%	-$11.0B-112.2%	-$5.2B-190.9%	-$1.8B-873.6%	-$182.6M+21.7%	-$233.2M	N/A	-$993.5M	N/A
Financing Cash Flow	$2.2B	-$507.8M-110.5%	$4.8B+673.4%	-$842.5M+85.5%	-$5.8B-12.7%	-$5.2B+49.0%	-$10.1B-178.7%	$12.8B+101.7%	$6.4B+138.6%	$2.7B+1091.9%	-$269.2M-1030.4%	$28.9M	N/A	$1.1B	N/A
Dividends Paid	$556.7M	N/A	N/A	N/A	N/A	$375.9M+13.1%	$332.5M-58.8%	$807.8M+22.0%	$661.9M+16.1%	$570.2M+31.6%	$433.4M+43.0%	$303.0M+33.1%	$227.6M+267.1%	$62.0M	$0
Share Buybacks	$0	$50.0M	$0	$0-100.0%	$5.2M	$0-100.0%	$7.5M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$174.1M+72.9%	$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
Investing Cash Flow	-$1.2B-66.9%	-$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
Financing Cash Flow	$1.1B+263.6%	$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
Dividends Paid	$139.6M0.0%	$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
Share Buybacks	$0	$0	$0	$0	$0-100.0%	$50.0M	$0	$0

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

RITM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

RITM annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Net Margin	12.4%-4.6pp	17.0%+2.7pp	14.3%-3.3pp	17.6%-4.0pp	21.6%+103.0pp	-81.4%-106.4pp	25.0%-19.1pp	44.1%	N/A	N/A	N/A	127.5%	303.3%	122.2%
Return on Equity	6.7%-4.0pp	10.7%+3.1pp	7.6%-4.9pp	12.5%+0.3pp	12.2%+37.7pp	-25.5%-34.0pp	8.5%-8.3pp	16.8%-4.9pp	21.6%+3.8pp	17.9%+7.8pp	10.1%-17.6pp	27.7%+6.7pp	21.0%+10.1pp	10.9%
Return on Assets	1.1%-0.7pp	1.8%+0.5pp	1.3%-1.2pp	2.5%+0.5pp	2.0%+6.1pp	-4.1%-5.4pp	1.4%-1.8pp	3.2%-1.4pp	4.6%+1.4pp	3.2%+1.3pp	1.9%-3.6pp	5.5%+1.0pp	4.5%-3.3pp	7.7%
Debt-to-Equity	4.200.0x	4.18+0.3x	3.85+0.7x	3.17-1.3x	4.52-0.3x	4.84-0.1x	4.98+1.2x	3.78+0.4x	3.36-0.7x	4.050.0x	4.04+0.2x	3.80+0.6x	3.25+2.8x	0.40

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Net Margin	4.4%-3.0pp	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%
Return on Equity	0.7%-0.5pp	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%
Return on Assets	0.1%-0.1pp	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%
Debt-to-Equity	4.23+0.1x	4.08-0.1x	4.20+0.4x	3.79-0.1x	3.92-0.2x	4.140.0x	4.18+0.3x	3.87

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

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Where Rithm Capital Ranks

Frequently Asked Questions

What is Rithm Capital's annual revenue?

Rithm Capital (RITM) 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 Rithm Capital's revenue growing?

Rithm Capital (RITM) revenue declined by 6.7% year-over-year, from $4.9B to $4.6B in fiscal year 2025.

Is Rithm Capital profitable?

Yes, Rithm Capital (RITM) reported a net income of $567.2M in fiscal year 2025, with a net profit margin of 12.4%.

How much debt does Rithm Capital have?

As of fiscal year 2025, Rithm Capital (RITM) had $1.8B in cash and equivalents against $35.4B in long-term debt.

What is Rithm Capital's net profit margin?

Rithm Capital (RITM) had a net profit margin of 12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Rithm Capital pay dividends?

Yes, Rithm Capital (RITM) paid $1.00 per share in dividends during fiscal year 2025.

What is Rithm Capital's return on equity (ROE)?

Rithm Capital (RITM) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Rithm Capital's operating cash flow?

Rithm Capital (RITM) recorded an outflow of $1.3B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Rithm Capital's total assets?

Rithm Capital (RITM) had $53.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Rithm Capital buy back shares?

Yes, Rithm Capital (RITM) spent $50.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Rithm Capital have outstanding?

Rithm Capital (RITM) had 556M shares outstanding as of fiscal year 2025.

What is Rithm Capital's debt-to-equity ratio?

Rithm Capital (RITM) 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 Rithm Capital's return on assets (ROA)?

Rithm Capital (RITM) 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 Rithm Capital's cash runway?

Based on fiscal year 2025 data, Rithm Capital (RITM) 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 Rithm Capital's Piotroski F-Score?

Rithm Capital (RITM) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Rithm Capital's earnings high quality?

For every $1 of reported earnings, Rithm Capital (RITM) used $2.28 of operating cash (-$1.3B OCF vs $567.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.