Ready Pretax Profit Margin from 2010 to 2024

RC Stock  USD 7.35  0.04  0.54%   
Ready Capital's Pretax Profit Margin is decreasing over the years with slightly volatile fluctuation. Overall, Pretax Profit Margin is expected to go to 0.47 this year. During the period from 2010 to 2024 Ready Capital Pretax Profit Margin annual values regression line had geometric mean of  0.41 and mean square error of  0.04. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.31291819
Current Value
0.47
Quarterly Volatility
0.22432191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ready Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ready Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 752.3 M or Selling General Administrative of 67.6 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.15 or PTB Ratio of 0.56. Ready financial statements analysis is a perfect complement when working with Ready Capital Valuation or Volatility modules.
  
Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

Latest Ready Capital's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Ready Capital Corp over the last few years. It is Ready Capital's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ready Capital's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Ready Pretax Profit Margin Regression Statistics

Arithmetic Mean0.48
Geometric Mean0.41
Coefficient Of Variation46.46
Mean Deviation0.16
Median0.47
Standard Deviation0.22
Sample Variance0.05
Range0.7773
R-Value(0.54)
Mean Square Error0.04
R-Squared0.29
Significance0.04
Slope(0.03)
Total Sum of Squares0.70

Ready Pretax Profit Margin History

2024 0.47
2022 0.51
2021 0.49
2020 0.2
2019 0.44
2018 0.4
2017 0.31

About Ready Capital Financial Statements

Ready Capital stakeholders use historical fundamental indicators, such as Ready Capital's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Ready Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ready Capital's assets and liabilities are reflected in the revenues and expenses on Ready Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ready Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.31  0.47 

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Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ready Capital. If investors know Ready will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ready Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.053
Dividend Share
1.15
Earnings Share
(0.72)
Revenue Per Share
0.76
Quarterly Revenue Growth
(0.81)
The market value of Ready Capital Corp is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.