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Side-by-side financial comparison of Rithm Capital Corp. (RITM) and SM Energy Co (SM). Click either name above to swap in a different company.
Rithm Capital Corp. is the larger business by last-quarter revenue ($828.2M vs $704.9M, roughly 1.2× SM Energy Co). On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% 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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
RITM vs SM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $828.2M | $704.9M |
| Net Profit | $109.5M | — |
| Gross Margin | — | — |
| Operating Margin | 29.9% | 25.9% |
| Net Margin | 13.2% | — |
| Revenue YoY | 508.5% | -17.3% |
| Net Profit YoY | 27.7% | — |
| EPS (diluted) | $0.12 | $0.94 |
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.
| Q1 26 | $828.2M | — | ||
| Q4 25 | $1.5B | $704.9M | ||
| Q3 25 | $1.1B | $811.6M | ||
| Q2 25 | $1.2B | $792.9M | ||
| Q1 25 | $768.4M | $844.5M | ||
| Q4 24 | $2.1B | $852.0M | ||
| Q3 24 | $619.5M | $643.6M | ||
| Q2 24 | $1.2B | $634.6M |
| Q1 26 | $109.5M | — | ||
| Q4 25 | $85.0M | — | ||
| Q3 25 | $221.5M | $155.1M | ||
| Q2 25 | $311.7M | $201.7M | ||
| Q1 25 | $78.8M | $182.3M | ||
| Q4 24 | $290.2M | — | ||
| Q3 24 | $121.7M | $240.5M | ||
| Q2 24 | $235.6M | $210.3M |
| Q1 26 | 29.9% | — | ||
| Q4 25 | 13.8% | 25.9% | ||
| Q3 25 | 21.4% | 30.4% | ||
| Q2 25 | 25.2% | 37.2% | ||
| Q1 25 | 7.4% | 32.7% | ||
| Q4 24 | 23.8% | 33.7% | ||
| Q3 24 | 7.3% | 51.4% | ||
| Q2 24 | 23.6% | 44.0% |
| Q1 26 | 13.2% | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 20.0% | 19.1% | ||
| Q2 25 | 25.6% | 25.4% | ||
| Q1 25 | 10.3% | 21.6% | ||
| Q4 24 | 14.0% | — | ||
| Q3 24 | 19.7% | 37.4% | ||
| Q2 24 | 19.2% | 33.1% |
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.09 | $0.94 | ||
| Q3 25 | $0.35 | $1.35 | ||
| Q2 25 | $0.53 | $1.76 | ||
| Q1 25 | $0.07 | $1.59 | ||
| Q4 24 | $0.50 | $1.63 | ||
| Q3 24 | $0.20 | $2.09 | ||
| Q2 24 | $0.43 | $1.82 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $368.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.1B | $4.8B |
| Total Assets | $53.4B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $368.0M | ||
| Q3 25 | $1.6B | $162.3M | ||
| Q2 25 | $1.6B | $101.9M | ||
| Q1 25 | $1.5B | $54.0K | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.2B | $487.9M |
| Q1 26 | — | — | ||
| Q4 25 | $35.4B | — | ||
| Q3 25 | $32.2B | — | ||
| Q2 25 | $31.2B | — | ||
| Q1 25 | $32.2B | — | ||
| Q4 24 | $32.6B | — | ||
| Q3 24 | $29.6B | — | ||
| Q2 24 | $30.1B | — |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $8.4B | $4.8B | ||
| Q3 25 | $8.5B | $4.7B | ||
| Q2 25 | $7.9B | $4.6B | ||
| Q1 25 | $7.8B | $4.4B | ||
| Q4 24 | $7.8B | $4.2B | ||
| Q3 24 | $7.7B | $4.1B | ||
| Q2 24 | $7.3B | $3.8B |
| Q1 26 | $53.4B | — | ||
| Q4 25 | $53.1B | $9.3B | ||
| Q3 25 | $47.2B | $9.1B | ||
| Q2 25 | $44.3B | $9.0B | ||
| Q1 25 | $45.3B | $8.8B | ||
| Q4 24 | $46.0B | $8.6B | ||
| Q3 24 | $42.3B | $8.0B | ||
| Q2 24 | $42.0B | $6.7B |
| Q1 26 | — | — | ||
| Q4 25 | 4.20× | — | ||
| Q3 25 | 3.79× | — | ||
| Q2 25 | 3.92× | — | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 4.18× | — | ||
| Q3 24 | 3.87× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $451.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-114.6M | $451.9M | ||
| Q3 25 | $-2.0B | $505.0M | ||
| Q2 25 | $-557.1M | $571.1M | ||
| Q1 25 | $1.4B | $483.0M | ||
| Q4 24 | $-1.8B | $578.4M | ||
| Q3 24 | $768.1M | $452.3M | ||
| Q2 24 | $-55.7M | $476.4M |
| Q1 26 | — | — | ||
| Q4 25 | -1.35× | — | ||
| Q3 25 | -9.22× | 3.26× | ||
| Q2 25 | -1.79× | 2.83× | ||
| Q1 25 | 18.03× | 2.65× | ||
| Q4 24 | -6.04× | — | ||
| Q3 24 | 6.31× | 1.88× | ||
| Q2 24 | -0.24× | 2.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
SM
Segment breakdown not available.
