Redwood Trust (RWT) Net Margin (2013 - 2024)

Redwood Trust's (RWT) quarterly Net Margin came in at 20.43% in Q2 2024, up 1785.0% year-on-year from 1.08% in Q3 2023, and down 46.59% on a QoQ basis from 38.25% in Q1 2024.

Redwood Trust (RWT) Net Margin (2013 - 2024) Analysis & Trends

Redwood Trust (RWT) has 12 years of Net Margin data on file, last reported at 20.43% in Q2 2024.

  • On a quarterly basis, Net Margin rose 1785.0% year-over-year to 20.43% in Q2 2024; TTM through Jun 2024 was 3.59%, a 8030.0% increase from a year earlier, with the FY2023 full-year figure at 5.41%, down 226866.0% from the prior year.
  • Net Margin for Q2 2024 stood at 20.43%, down from 38.25% in the prior quarter.
  • Over the last five years, Net Margin for RWT reached as high as 2291.41% in Q3 2022 and fell as low as 302.69% in Q3 2023.
  • Historically, Net Margin has averaged 146.36% across 5 years, with a median of 48.44% in 2020.
  • Across the five-year window, Net Margin jumped 222848 bps in 2022 and plunged 259410 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 53.87% in 2020, then plunged by 33 bps to 35.94% in 2021, then slumped by 524 bps to 152.3% in 2022, then soared by 102 bps to 2.95% in 2023, then soared by 593 bps to 20.43% in 2024.
  • Per Business Quant data, the three most recent Net Margin figures were 20.43% in Q2 2024, 38.25% in Q1 2024, and 2.95% in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 - 11.21%
4 Rithm Capital 5.01 Bn 5.01 Bn - 4.91%
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 5.45%
6 Ellington Financial 1.63 Bn 1.51 Bn - 51.82%
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
DateValue
Jun 30, 2024 20.43%
Mar 31, 2024 38.25%
Dec 31, 2023 2.95%
Sep 30, 2023 -302.69%
Jun 30, 2023 2.58%
Mar 31, 2023 6.73%
Dec 31, 2022 -152.30%
Sep 30, 2022 2,291.41%
Jun 30, 2022 141.81%
Mar 31, 2022 43.02%
Dec 31, 2021 35.94%
Sep 30, 2021 62.93%
Jun 30, 2021 62.07%
Mar 31, 2021 60.78%
Dec 31, 2020 53.87%
Sep 30, 2020 75.23%
Jun 30, 2020 82.45%
Mar 31, 2020 108.97%
Dec 31, 2019 47.65%
Sep 30, 2019 54.00%