Pretax income is the income that a company earns before paying income taxes. Ready Capital's pretax income for the
three
months ended in Mar. 2024 was $-105.8 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $215.3 Mil.
Ready Capital's pretax margin was 157.10%.
During the past 13 years, Ready Capital's highest Pretax Margin was 92.81%. The lowest was 14.16%. And the median was 42.52%.
Ready Capital Pre-Tax Income Historical Data
The historical data trend for Ready Capital's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ready Capital's Pre-Tax Income
For the REIT - Mortgage subindustry, Ready Capital's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ready Capital's Pre-Tax Income Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Ready Capital's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Ready Capital's Pre-Tax Income falls into.
Ready Capital Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Ready Capital's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $215.3 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ready Capital (NYSE:RC) Pre-Tax Income Explanation
Ready Capital's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, Ready Capital's highest Pretax Margin was 92.81%. The lowest was 14.16%. And the median was 42.52%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ready Capital Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Ready Capital's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Ready Capital (Ready Capital) Business Description
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.
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