Rithm Capital (US:RITM)2025-02-06 15:32Financial Performance - Rithm Capital's FY24 Earnings Available for Distribution (EAD) was $2.10 per share, representing approximately 27% year-over-year growth[11] - The company's Q4 2024 GAAP Net Income was $263 million, or $0.50 per diluted share, with a 16% return on equity[11] - Rithm Capital's Q4 2024 Earnings Available for Distribution was $316 million, or $0.60 per diluted share, with a 20% return on equity[11] - The company's book value was $6.5 billion, or $12.56 per common share[11] Business Segments - Genesis Capital's FY24 origination volume grew by 71% year-over-year[27] with record originations of $3.6 billion[13] - Newrez's total servicing portfolio reached $844 billion UPB[13] - Sculptor's total Assets Under Management (AUM) reached $34 billion[13] Valuation and Capital Deployment - Rithm Capital has deployed $6.4 billion of capital since 2021[23] - The company's current valuation is at 92% of book value[18] - Illustrative Sum of the Parts valuation indicates a potential valuation lift of approximately 15% to 65%[20]