Redwood Trust (RWT) Net Margin (2013 - 2024)
Redwood Trust (RWT) recorded Net Margin of 20.43% in Q2 2024, up 17.85 percentage points from 2.58% a year earlier but down 17.82 percentage points from the prior quarter.
Redwood Trust (RWT) Net Margin (2013 - 2024) Analysis & Trends
On a TTM basis, Redwood Trust's Net Margin came in at 13.38% as of Jun 30, 2024, up 123.04 percentage points year-over-year; for FY2023, it was -5.41%.
- Annual Net Margin has a five-year change of -61.38 percentage points (FY2018 to FY2023).
- Across earlier years, Net Margin came in at 58.97% in FY2021 and 54.87% in FY2019 (-1.10 pp).
- Quarterly Net Margin has ranged from -302.69% in Q3 2023 to 82.45% in Q2 2020 over the past five years.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 53.05 percentage points in Q4 2019, against a drop of 36.29 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.25% (Q1 2024), 30.10% (Q4 2023) and -302.69% (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 8.26% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 18.21% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Redwood Trust | 484.84 Mn | -391.40 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 20.43% |
| Mar 31, 2024 | 38.25% |
| Dec 31, 2023 | 30.10% |
| Sep 30, 2023 | -302.69% |
| Jun 30, 2023 | 2.58% |
| Mar 31, 2023 | 6.73% |
| Mar 31, 2022 | 43.02% |
| Dec 31, 2021 | 45.58% |
| Sep 30, 2021 | 62.93% |
| Jun 30, 2021 | 62.07% |
| Mar 31, 2021 | 60.78% |
| Dec 31, 2020 | 53.79% |
| Sep 30, 2020 | 75.23% |
| Jun 30, 2020 | 82.45% |
| Dec 31, 2019 | 47.75% |
| Sep 30, 2019 | 54.00% |
| Jun 30, 2019 | 50.18% |
| Mar 31, 2019 | 68.47% |
| Dec 31, 2018 | -5.30% |
| Sep 30, 2018 | 60.74% |
Redwood Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=RWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RWT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();