Redwood Trust (RWT) EBIT Margin (2013 - 2024)
Redwood Trust (RWT) posted quarterly EBIT Margin of 327.04% for Q2 2024, down 3312.0% year-over-year from 10.18% in Q3 2023, and up 15.38% quarter-over-quarter from 283.46% in Q1 2024.
Redwood Trust (RWT) EBIT Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported EBIT Margin for 12 consecutive years, with 327.04% the latest figure, recorded in Q2 2024.
- In Q2 2024, EBIT Margin fell 3312.0% year-over-year to 327.04%; the TTM figure through Jun 2024 stood at 16.36% (down 29041.0% YoY), while the FY2023 annual figure was 380.89%, up 548761.0% from the prior year.
- EBIT Margin improved to 327.04% in Q2 2024 per RWT's latest filing, from 283.46% in the prior quarter.
- Across five years, EBIT Margin topped out at 1186.29% in Q3 2023 and bottomed at 4260.59% in Q3 2022.
- Historically, EBIT Margin has averaged 26.76% across 5 years, with a median of 133.72% in 2020.
- Annual changes were most pronounced in 2022 — EBIT Margin slumped 439439 bps — and 2023, when it soared 544688 bps.
- Redwood Trust's EBIT Margin stood at 182.29% in 2020, then tumbled by 40 bps to 110.23% in 2021, then slipped by 15 bps to 94.22% in 2022, then plunged by 166 bps to 62.33% in 2023, then surged by 625 bps to 327.04% in 2024.
- Business Quant data shows RWT's EBIT Margin at 327.04% in Q2 2024, 283.46% in Q1 2024, and 62.33% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 71.21% |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 22.49% |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -72.92% |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 118.30% |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 88.22% |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 327.04% |
| Mar 31, 2024 | 283.46% |
| Dec 31, 2023 | -62.33% |
| Sep 30, 2023 | 1,186.29% |
| Jun 30, 2023 | 360.16% |
| Mar 31, 2023 | 327.29% |
| Dec 31, 2022 | 94.22% |
| Sep 30, 2022 | -4,260.59% |
| Jun 30, 2022 | -24.91% |
| Mar 31, 2022 | 229.27% |
| Dec 31, 2021 | 110.23% |
| Sep 30, 2021 | 133.80% |
| Jun 30, 2021 | 141.19% |
| Mar 31, 2021 | 132.09% |
| Dec 31, 2020 | 182.29% |
| Sep 30, 2020 | 133.33% |
| Jun 30, 2020 | 133.64% |
| Mar 31, 2020 | 91.80% |
| Dec 31, 2019 | 195.47% |
| Sep 30, 2019 | 237.32% |