Rithm Property Trust Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Rithm Property Trust Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	46.7	54.8	58.2	64.9	63.6	77.9	35.6	-17.1	-55.5
General and administrative									9.03	4.16
Operating expenses	2.55	2.63	3.25						39.9	16
Interest expense	25.6	39.1	53.3	59.3	48.7	36.7	43.6	59.3
Interest income	70.6	89.9	103	97.1	86.1	79.9
Other non-operating income									-62.3	2.11
Pre-tax income	28.9	30.3	31.4	37.2	33.6	42.1	-12.1	-46.7	-92.9	1.53
Income tax	0.04	0.13	0.06	0.12	-0.04	0.29	2.84	0.24	0.15	0.06
Net income to minority interests	1.04	1.23	3	2.38	5.11	-0.08	0.08	0.11	-1.22	0
Net income	27.8	28.9	28.3	34.7	28.5	41.9	-15	-47.1	-91.8	1.47
EPS, basic	9.91	9.49	9.01	10.46	6.01	8.89	-7.45	-12.08	-13.76	-0.36
EPS, diluted	9.91	9.07	8.59	9.55	6.01	8.47	-7.45	-12.08	-13.76	-0.36
Shares, basic (weighted)	2.79	3.01	3.1	3.28	3.77	3.8	3.79	4.04	6.7	7.57
Shares, diluted (weighted)	2.9	3.88	4.3	4.69	3.77	5.04	3.83	4.04	6.7	7.57
Dividend per share					4.99	5.47	6.37	4.57	1.68	1.44

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	35.7	53.7	55.1	64.3	107	84.4	47.8	52.8	64.3	79.3
Total assets	957	1,396	1,603	1,577	1,654	1,760	1,484	1,336	977	1,042
Total liabilities	675	1,078	1,269	1,193	1,139	1,259	1,147	1,025	731	750
Paid-in capital	245	255	260	309	317	316	322	352	425	426
Retained earnings	27.2	35.6	41.1	49.4	53.3	66.4	13.3	-54.4	-158	-172
Treasury stock		0	-0.27	-0.46	-1.16	-1.69	-9.53	-9.56	-11.6	-11.6
Other comprehensive income	0	-0.23	-0.58	1.28	0.38	1.02	-25.6	-14	-8.99	-1.65
Shareholders' equity	272	290	301	360	485	497	335	309	247	292
Minority interests	10.4	27.1	33.4	24.2	29.1	3.18	2.14	1.96	-0.15	-0.46
Total equity	283	317	334	384	514	500	337	311	247	291
Total liabilities and equity	957	1,396	1,603	1,577	1,654	1,760	1,484	1,336	977	1,042
Shares outstanding	3.02	3.09	3.15	3.68	3.82	3.85	3.85	4.57	7.57	7.57

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	28.9	30.2	31.3	37.1	33.6	41.8	-14.9	-47	-93.1	1.47
Depreciation and amortization	0.02	0.08	0.16	0.5	0.03	0.01
Stock-based compensation	1.17	2.49	2.96	2.76	0.15	0.2	0.35	0.09
Cash from operations	-5.22	-8.7	1.03	-15	-14.1	-18.2	1.14	-46.5	0.29	-8.31
Capital expenditures	0	0	-0.46	-0.17	0	-0.28	-0.03	0
Purchases of investments	0	0	-1.75	-188	-145	-342	-129
Sales and maturities of investments	0	0	6.5	42.4	53.5	155	148
Cash from investing	-299	-346	-190	100	24.2	-50.2	223	173	297	-33.2
Debt issued	349	591	311	323	315	561	184	64.8
Debt repaid								0	-104	0
Stock issued				34.3	0	0.25	4.78	28.2	14	0
Share buybacks			0	0	-0.44	-0.02	-4.65	0
Dividends paid	-16.5	-20.6	-22.9	-26.3	-17.5
Cash from financing	311	398	164	-76	32.7	45.7	-261	-121	-286	57.4
Net change in cash	6.07	43.8	-25.6	9.19	42.8	-22.7	-36.6	4.99	11.4	15.9
Free cash flow	-5.22	-8.7	0.58	-15.2	-14.1	-18.5	1.11	-46.5
Interest paid	18.7	35.2	50.8	53.3	42.3	29.5	41.2	56.2	25.9	35.4
Income taxes paid	0	0	0.27	0.07	0.09	0.36	2.61	0.45	0.1	0.47

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.81 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	5.8%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	1.0%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.3%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income CAGR, 5y	-44.7%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-2,964.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y	-14.3%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	-39.1%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	-22.0%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	18.1%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-4.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-9.7%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	6.6%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-11.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-8.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	13.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	25.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	15.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	69.3%	Total liabilities / total assets.
Tangible book value	$285.3M	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.39	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	-$1.37	Cash from operations / diluted weighted shares.
Book value per share	$36.71	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$36.71	Tangible book value / shares outstanding.
Cash per share	$8.58	(Cash + short-term investments) / shares outstanding.
Payout ratio	367.9%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$84.0M	Share price x shares outstanding.
Enterprise value	$17.3M	Market cap + total debt - cash - short-term investments.
P/E	28.2x	Market cap / net income. Only when net income is positive.
P/B	0.29x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.29x	Market cap / tangible book value, when positive.
Earnings yield	3.6%	Net income / market cap (the inverse of P/E).
Dividend yield	13.1%	Dividends paid over the period / market cap.
Shareholder yield	13.1%	(Dividends paid + share buybacks) / market cap.

Was Rithm Property Trust Inc. profitable in fiscal 2025?

Yes. Net income was $1.5M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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