Redwood Trust (RWT) EBT Margin (2013 - 2024)
Redwood Trust's (RWT) quarterly EBT Margin came in at 30.33% in Q2 2024, up 2353.0% year-on-year from 1.24% in Q3 2023, and down 26.55% on a QoQ basis from 41.29% in Q1 2024.
Redwood Trust (RWT) EBT Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWT) has 12 years of EBT Margin data on file, last reported at 30.33% in Q2 2024.
- On a quarterly basis, EBT Margin rose 2353.0% year-over-year to 30.33% in Q2 2024; TTM through Jun 2024 was 5.47%, a 8719.0% increase from a year earlier, with the FY2023 full-year figure at 0.39%, down 253935.0% from the prior year.
- EBT Margin for Q2 2024 stood at 30.33%, down from 41.29% in the prior quarter.
- Over the last five years, EBT Margin for RWT reached as high as 2227.0% in Q3 2022 and fell as low as 270.65% in Q3 2023.
- Historically, EBT Margin has averaged 145.88% across 5 years, with a median of 50.57% in 2024.
- Across the five-year window, EBT Margin soared 216715 bps in 2022 and sank 249765 bps in 2023, its largest moves.
- Year by year, EBT Margin stood at 62.18% in 2020, then tumbled by 36 bps to 39.67% in 2021, then sank by 566 bps to 184.91% in 2022, then surged by 102 bps to 3.37% in 2023, then jumped by 801 bps to 30.33% in 2024.
- Per Business Quant data, the three most recent EBT Margin figures were 30.33% in Q2 2024, 41.29% in Q1 2024, and 3.37% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 10.44% |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 11.17% |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 4.45% |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 56.06% |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Redwood Trust | 612.62 Mn | 410.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 30.33% |
| Mar 31, 2024 | 41.29% |
| Dec 31, 2023 | 3.37% |
| Sep 30, 2023 | -270.65% |
| Jun 30, 2023 | 6.80% |
| Mar 31, 2023 | 7.36% |
| Dec 31, 2022 | -184.91% |
| Sep 30, 2022 | 2,227.00% |
| Jun 30, 2022 | 155.20% |
| Mar 31, 2022 | 39.60% |
| Dec 31, 2021 | 39.67% |
| Sep 30, 2021 | 59.85% |
| Jun 30, 2021 | 66.68% |
| Mar 31, 2021 | 68.00% |
| Dec 31, 2020 | 62.18% |
| Sep 30, 2020 | 80.07% |
| Jun 30, 2020 | 82.47% |
| Mar 31, 2020 | 111.54% |
| Dec 31, 2019 | 51.96% |
| Sep 30, 2019 | 53.82% |