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-over-year from 1.24% in Q3 2023, and down 26.55% quarter-over-quarter from 41.29% in Q1 2024.
Analysis
Redwood Trust (RWT) EBT Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported EBT Margin for 12 consecutive years, with 30.33% the latest figure, recorded 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 20.37%, a 3505.0% increase from a year earlier, with the FY2023 full-year figure at 0.39%, down 253935.0% from the prior year.
- EBT Margin was 30.33% for Q2 2024 at Redwood Trust, down from 41.29% in the prior quarter.
- Over five years, EBT Margin peaked at 2227.0% in Q3 2022 and troughed at 270.65% in Q3 2023.
- A 5-year average of 158.12% and a median of 55.08% in 2021 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin jumped 216715 bps in 2022 and plunged 249765 bps in 2023, its largest moves.
- Over 5 years, EBT Margin stood at 62.18% in 2020, then decreased by 19 bps to 50.31% in 2021, then plunged by 119 bps to 9.46% in 2022, then soared by 464 bps to 34.39% in 2023, then dropped by 12 bps to 30.33% in 2024.
- The last three EBT Margin figures came in at 30.33% (Q2 2024), 41.29% (Q1 2024), and 34.39% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 4.13% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 6.78% |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 38.26% |
| 10 | Redwood Trust | 553.35 Mn | 361.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 30.33% |
| Mar 31, 2024 | 41.29% |
| Dec 31, 2023 | 34.39% |
| Sep 30, 2023 | -270.65% |
| Jun 30, 2023 | 6.80% |
| Mar 31, 2023 | 7.36% |
| Dec 31, 2022 | -9.46% |
| Sep 30, 2022 | 2,227.00% |
| Jun 30, 2022 | 155.20% |
| Mar 31, 2022 | 39.60% |
| Dec 31, 2021 | 50.31% |
| 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 | 114.74% |
| Dec 31, 2019 | 51.96% |
| Sep 30, 2019 | 53.82% |