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Side-by-side financial comparison of Magnera Corp (MAGN) and Rithm Capital Corp. (RITM). Click either name above to swap in a different company.

Rithm Capital Corp. is the larger business by last-quarter revenue ($828.2M vs $792.0M, roughly 1.0× Magnera Corp). Rithm Capital Corp. runs the higher net margin — 13.2% vs -4.3%, a 17.5% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs 12.8%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs -17.9%).

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

MAGN vs RITM — Head-to-Head

Bigger by revenue
RITM
RITM
1.0× larger
RITM
$828.2M
$792.0M
MAGN
Growing faster (revenue YoY)
RITM
RITM
+495.7% gap
RITM
508.5%
12.8%
MAGN
Higher net margin
RITM
RITM
17.5% more per $
RITM
13.2%
-4.3%
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
-17.9%
RITM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MAGN
MAGN
RITM
RITM
Revenue
$792.0M
$828.2M
Net Profit
$-34.0M
$109.5M
Gross Margin
12.2%
Operating Margin
1.8%
29.9%
Net Margin
-4.3%
13.2%
Revenue YoY
12.8%
508.5%
Net Profit YoY
43.3%
27.7%
EPS (diluted)
$-0.95
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAGN
MAGN
RITM
RITM
Q1 26
$828.2M
Q4 25
$792.0M
$1.5B
Q3 25
$1.1B
Q2 25
$839.0M
$1.2B
Q1 25
$824.0M
$768.4M
Q4 24
$702.0M
$2.1B
Q3 24
$332.1M
$619.5M
Q2 24
$556.0M
$1.2B
Net Profit
MAGN
MAGN
RITM
RITM
Q1 26
$109.5M
Q4 25
$-34.0M
$85.0M
Q3 25
$221.5M
Q2 25
$-18.0M
$311.7M
Q1 25
$-41.0M
$78.8M
Q4 24
$-60.0M
$290.2M
Q3 24
$-15.2M
$121.7M
Q2 24
$19.0M
$235.6M
Gross Margin
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
12.2%
Q3 25
Q2 25
10.7%
Q1 25
10.7%
Q4 24
10.1%
Q3 24
10.7%
Q2 24
6.6%
Operating Margin
MAGN
MAGN
RITM
RITM
Q1 26
29.9%
Q4 25
1.8%
13.8%
Q3 25
21.4%
Q2 25
1.5%
25.2%
Q1 25
0.5%
7.4%
Q4 24
-3.1%
23.8%
Q3 24
0.9%
7.3%
Q2 24
3.1%
23.6%
Net Margin
MAGN
MAGN
RITM
RITM
Q1 26
13.2%
Q4 25
-4.3%
5.7%
Q3 25
20.0%
Q2 25
-2.1%
25.6%
Q1 25
-5.0%
10.3%
Q4 24
-8.5%
14.0%
Q3 24
-4.6%
19.7%
Q2 24
3.4%
19.2%
EPS (diluted)
MAGN
MAGN
RITM
RITM
Q1 26
$0.12
Q4 25
$-0.95
$0.09
Q3 25
$0.35
Q2 25
$-0.51
$0.53
Q1 25
$-1.15
$0.07
Q4 24
$-1.69
$0.50
Q3 24
$-0.33
$0.20
Q2 24
$0.60
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAGN
MAGN
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
$264.0M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.0B
$9.1B
Total Assets
$3.9B
$53.4B
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
$264.0M
$1.8B
Q3 25
$1.6B
Q2 25
$276.0M
$1.6B
Q1 25
$282.0M
$1.5B
Q4 24
$215.0M
$1.5B
Q3 24
$230.0M
$1.6B
Q2 24
$33.9M
$1.2B
Total Debt
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
$1.9B
$35.4B
Q3 25
$32.2B
Q2 25
$2.0B
$31.2B
Q1 25
$2.0B
$32.2B
Q4 24
$2.0B
$32.6B
Q3 24
$2.0B
$29.6B
Q2 24
$877.4M
$30.1B
Stockholders' Equity
MAGN
MAGN
RITM
RITM
Q1 26
$9.1B
Q4 25
$1.0B
$8.4B
Q3 25
$8.5B
Q2 25
$1.1B
$7.9B
Q1 25
$1.1B
$7.8B
Q4 24
$1.1B
$7.8B
Q3 24
$2.1B
$7.7B
Q2 24
$2.4B
$7.3B
Total Assets
MAGN
MAGN
RITM
RITM
Q1 26
$53.4B
Q4 25
$3.9B
$53.1B
Q3 25
$47.2B
Q2 25
$4.1B
$44.3B
Q1 25
$4.1B
$45.3B
Q4 24
$4.0B
$46.0B
Q3 24
$2.8B
$42.3B
Q2 24
$1.5B
$42.0B
Debt / Equity
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
1.86×
4.20×
Q3 25
3.79×
Q2 25
1.77×
3.92×
Q1 25
1.83×
4.14×
Q4 24
1.80×
4.18×
Q3 24
0.91×
3.87×
Q2 24
0.37×
4.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAGN
MAGN
RITM
RITM
Operating Cash FlowLast quarter
$2.0M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
$2.0M
$-114.6M
Q3 25
$-2.0B
Q2 25
$0
$-557.1M
Q1 25
$65.0M
$1.4B
Q4 24
$-58.0M
$-1.8B
Q3 24
$12.2M
$768.1M
Q2 24
$38.0M
$-55.7M
Free Cash Flow
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
$-13.0M
Q3 25
Q2 25
Q1 25
$42.0M
Q4 24
$-74.0M
Q3 24
$3.6M
Q2 24
$23.0M
FCF Margin
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
-1.6%
Q3 25
Q2 25
Q1 25
5.1%
Q4 24
-10.5%
Q3 24
1.1%
Q2 24
4.1%
Capex Intensity
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
1.9%
Q3 25
Q2 25
1.5%
Q1 25
2.8%
Q4 24
2.3%
Q3 24
2.6%
Q2 24
2.7%
Cash Conversion
MAGN
MAGN
RITM
RITM
Q1 26
Q4 25
-1.35×
Q3 25
-9.22×
Q2 25
-1.79×
Q1 25
18.03×
Q4 24
-6.04×
Q3 24
6.31×
Q2 24
2.00×
-0.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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