Redwood Trust (RWT) Debt to Equity (2014 - 2026)
Redwood Trust (RWT) reported Debt to Equity of $5.09 for Q1 2026, down 58.35% year-over-year from $12.22 in Q1 2025, and down 71.42% quarter-over-quarter from $17.8 in Q4 2025.
Redwood Trust (RWT) Debt to Equity (2014 - 2026) Analysis & Trends
Redwood Trust (RWT) has 13 years of Debt to Equity data on file, last reported at $5.09 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $5.09, down 58.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.09 (down 58.35% YoY), and the FY2025 annual result was $17.8, up 59.35% from the prior year.
- Debt to Equity retreated to $5.09 in Q1 2026 per RWT's latest filing, from $17.8 in the prior quarter.
- Over five years, Debt to Equity peaked at $17.8 in Q4 2025 and troughed at $2.42 in Q1 2024.
- A 5-year average of $8.61 and a median of $8.88 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2025: Debt to Equity slumped 59.55% in 2023, then soared 405.48% in 2025.
- A 5-year view of Debt to Equity shows it stood at $3.47 in 2022, then jumped by 135.0% to $8.16 in 2023, then surged by 36.93% to $11.17 in 2024, then jumped by 59.35% to $17.8 in 2025, then tumbled by 71.42% to $5.09 in 2026.
- Business Quant data shows RWT's Debt to Equity at $5.09 in Q1 2026, $17.8 in Q4 2025, and $16.84 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.06 |
| 10 | Redwood Trust | 665.02 Mn | 307.73 Mn | - | 5.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.09 |
| Dec 31, 2025 | 17.80 |
| Sep 30, 2025 | 16.84 |
| Jun 30, 2025 | 15.17 |
| Mar 31, 2025 | 12.22 |
| Dec 31, 2024 | 11.17 |
| Sep 30, 2024 | 10.65 |
| Jun 30, 2024 | 9.47 |
| Mar 31, 2024 | 2.42 |
| Dec 31, 2023 | 8.16 |
| Sep 30, 2023 | 8.92 |
| Jun 30, 2023 | 2.90 |
| Mar 31, 2023 | 2.94 |
| Dec 31, 2022 | 3.47 |
| Sep 30, 2022 | 8.88 |
| Jun 30, 2022 | 3.05 |
| Mar 31, 2022 | 7.28 |
| Dec 31, 2021 | 2.75 |
| Sep 30, 2021 | 7.22 |
| Jun 30, 2021 | 2.29 |