Ready Capital Corporation (RC-PC)
Real Estate · REIT - Mortgage · NYSE
Ready Capital Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $383.33M | $397.85M | $49.33M | $-23.70M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $49.17M | $43.29M | $59.26M | $72.97M | $44.87M | $159.97M | $194.26M | $339.45M | $-435.75M | $-228.91M |
| Net margin | — | — | — | — | — | — | 50.7% | 85.3% | -883.4% | 965.8% |
Source: Ready Capital Corporation SEC filings (10-K). 14 years of history available in the interactive view.
Explore 14 years of Ready Capital Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Ready Capital Corporation financial history by metric
About Ready Capital Corporation
Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.
Ready Capital Corporation — frequently asked questions
What is Ready Capital Corporation's revenue?
Ready Capital Corporation (RC-PC) reported revenue of $-23.70M for fiscal year 2025, down 148.0% from the prior year, according to its SEC filings.
Is Ready Capital Corporation profitable?
No — RC-PC reported a net loss of $-228.91M in fiscal 2025.
What is RC-PC's P/E ratio?
Ready Capital Corporation trades at a price-to-earnings ratio of about 5.4 based on the latest data in our nightly-refreshed cache.
How much debt does Ready Capital Corporation have?
As of fiscal year 2025, RC-PC carried roughly $3.52B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Ready Capital Corporation's market cap?
Ready Capital Corporation (RC-PC) has a market capitalization of about $0, based on the latest data in our nightly-refreshed cache.
When does Ready Capital Corporation's fiscal year end?
RC-PC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Ready Capital Corporation's official SEC filings (10-K and 10-Q), covering 14 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.