Rithm Property Trust (RPT) Financials
Ticker history: AJX became RPT (Rithm Property Trust Inc.) on . Earlier news and filings retain their original names and dates. View AJX history.
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RPT SEC filings page.
This page shows Rithm Property Trust Inc. (RPT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).
The trust’s asset base contracted, while FY2025’s small profit did not translate into positive operating cash generation.
FY2025 net income was$1.5M , but operating cash flow was-$8.3M , so reported profit did not arrive as cash from the trust’s activities. With investing cash flow of-$33.2M and financing cash flow of$57.4M , the reported cash-flow movement leaned more on financing than on current-period earnings.
Between FY2022 and FY2025, assets contracted
Equity fell from
Financial Health Signals
We do not publish a peer-relative financial health score for Rithm Property Trust Inc., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Rithm Property Trust Inc. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Rithm Property Trust Inc. used $5.64 of operating cash (-$8.3M OCF vs $1.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Rithm Property Trust Inc. reported $3.1M in net income in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 55.2%.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
Rithm Property Trust Inc. held $45.3M in cash against $109.2M in long-term debt as of Q3 2026.
Rithm Property Trust Inc. paid $0.36 per share in dividends in Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Rithm Property Trust Inc.'s quarterly ROE was 1.1% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Rithm Property Trust Inc. repurchased no shares in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.
Not reported for Q3 2026.
Not reported for Q3 2026.
RPT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $249K | $5.6M |
| SG&A Expenses | $708K-28.7% | $1.0M+2.6% | $1.1M+21.1% | N/A | $993K-22.5% | $1.0M-78.2% | $904K | N/A |
| Interest Expense | $9.0M-4.6% | $8.3M-12.1% | $8.9M-5.1% | N/A | $9.4M+9.0% | $9.4M-18.5% | $9.4M-33.5% | $9.2M |
| Income Tax | -$323K-1638.1% | $20K-23.1% | -$5Kn/m | N/A | $21Kn/m | $26Kn/m | -$136K-114.9% | $25K-63.8% |
| Net Income | $3.1Mn/m | $2.0M+5.6% | -$2.0Mn/m | $3.2M+11.2% | -$273Kn/m | $1.9Mn/m | -$3.4Mn/m | $2.9Mn/m |
| EPS (Basic) | $0.23 | $0.09 | -$0.43 | $0.26 | -$0.21 | $0.08 | -$0.49 | $0.17 |
| EPS (Diluted) | $0.23 | $0.09 | -$0.43 | $0.26 | -$0.21 | $0.08 | -$0.49 | $0.17 |
| Diluted Shares (Avg) | 8M | 8M | 8M | N/A | 8M | 8M | 8M | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
RPT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $963.1M-4.0% | $928.7M-8.4% | $930.6M-9.5% | $1.0B+6.6% | $1.0B+16.9% | $1.0B+11.3% | $1.0B-17.4% | $977.3M-26.9% |
| Cash & Equivalents | $45.3M-44.4% | $66.7M-32.4% | $96.3M-1.2% | $79.3M+23.5% | $81.4M-3.1% | $98.6M+36.9% | $97.4M-2.6% | $64.3M+21.6% |
| Total Liabilities | $677.0M-4.9% | $643.9M-10.5% | $644.1M-12.1% | $750.4M+2.7% | $711.6M+16.5% | $719.8M+9.6% | $732.4M-25.9% | $730.6M-28.8% |
| Long-Term Debt | $109.2M+0.8% | $108.9M+0.8% | $108.7M+0.8% | $108.5M+0.8% | $108.3M+0.8% | $108.1M+0.8% | $107.9M+0.8% | $107.6M+0.8% |
| Total Equity | $286.6M-1.7% | $285.3M-3.2% | $287.0M-3.1% | $291.6M+18.1% | $291.7M+18.5% | $294.7M+16.2% | $296.1M+16.4% | $246.9M-20.1% |
| Retained Earnings | -$180.8Mn/m | -$182.7Mn/m | -$177.8Mn/m | -$171.8Mn/m | -$170.9Mn/m | -$166.6Mn/m | -$164.5Mn/m | -$158.0Mn/m |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
RPT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$8.0Mn/m | -$1.0Mn/m | -$3.0Mn/m | -$840Kn/m | -$5.8Mn/m | -$25K-100.2% | -$1.6Mn/m | -$2.4Mn/m |
| Investing Cash Flow | -$47.3Mn/m | -$25.0M-240.9% | $134.3Mn/m | -$34.6Mn/m | -$322K-100.7% | $17.8M-93.9% | -$16.0M-117.3% | -$131.0M-649.8% |
| Financing Cash Flow | $33.7Mn/m | -$3.7Mn/m | -$114.6M-325.5% | $33.2M-70.8% | -$10.1Mn/m | -$16.5Mn/m | $50.8Mn/m | $113.7Mn/m |
| Dividends Paid | $2.8M+2.6% | $2.8M+2.7% | $2.7M-1.3% | $2.7M | $2.7M | $2.7M | $2.8M | N/A |
| Share Buybacks | $0n/m | $1Kn/m | $223Kn/m | N/A | $0 | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
RPT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | -1363.1% | 51.7% |
| Return on Equity | 1.1%+1.2pp | 0.7%+0.1pp | -0.7%+0.5pp | 1.1%-0.1pp | -0.1%+3.2pp | 0.6%+5.7pp | -1.1%+27.9pp | 1.2%+8.5pp |
| Return on Assets | 0.3%+0.4pp | 0.2%0.0pp | -0.2%+0.1pp | 0.3%0.0pp | 0.0%+0.9pp | 0.2%+1.6pp | -0.3%+5.6pp | 0.3%+2.0pp |
| Debt-to-Equity | 0.380.0x | 0.380.0x | 0.380.0x | 0.37-0.1x | 0.37-0.1x | 0.37-0.1x | 0.36-0.1x | 0.44+0.1x |
| Liabilities-to-Equity | 2.36-0.1x | 2.26-0.2x | 2.24-0.2x | 2.57-0.4x | 2.440.0x | 2.44-0.1x | 2.47-1.4x | 2.96-0.4x |
| Asset Turnover | N/A | N/A | N/A | N/A | N/A | N/A | 0.000.0x | 0.010.0x |
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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Rithm Property Trust Inc. RPT | FY2025 | N/A | $1.5M | N/A | $87.0M | — |
| Cherry Hill Mortgage Investment Corporation CHMI | FY2025 | $23.3M | $6.8M | 29.3% | $86.5M | — |
| Sunrise Realty Trust, Inc. SUNS | FY2025 | $21.6M | $12.1M | 56.3% | $91.4M | — |
| ACRES Commercial Realty Corp. ACR | FY2025 | $79.9M | $28.0M | 35.0% | $85.9M | 55/100 |
| Ready Capital Corporation RC | FY2025 | $101.7M | -$228.9M | N/A | $140.7M | 3/100 |
| Angel Oak Mortgage REIT, Inc. AOMR | FY2025 | $143.7M | $44.0M | 30.6% | $139.2M | 52/100 |
Where Rithm Property Trust Inc. Ranks
Frequently Asked Questions
Yes, Rithm Property Trust Inc. (RPT) reported a net income of $6.4M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $1.5M.
As of fiscal year 2025, Rithm Property Trust Inc. (RPT) had $79.3M in cash and equivalents against $108.5M in long-term debt.
Yes, Rithm Property Trust Inc. (RPT) paid $1.44 per share in dividends during fiscal year 2025.
Rithm Property Trust Inc. (RPT) has a return on equity of 0.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Rithm Property Trust Inc. (RPT) recorded an outflow of $8.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Rithm Property Trust Inc. (RPT) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.
Rithm Property Trust Inc. (RPT) had a debt-to-equity ratio of 0.37 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Rithm Property Trust Inc. (RPT) had a liabilities-to-equity ratio of 2.57 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Rithm Property Trust Inc. (RPT) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Rithm Property Trust Inc. (RPT) trades at 13.7x earnings, its market capitalization divided by $6.4M net income, trailing 12 months to September 30, 2026. The market capitalization is $87.0M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Rithm Property Trust Inc. (RPT) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $87.0M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Rithm Property Trust Inc. (RPT) has a Piotroski F-Score of 4 out of 6 computable signals; 3 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.
For every $1 of reported earnings, Rithm Property Trust Inc. (RPT) used $5.64 of operating cash (-$8.3M OCF vs $1.5M 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.