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-over-year from 1.08% in Q3 2023, and down 46.59% quarter-over-quarter from 38.25% in Q1 2024.
Analysis
Redwood Trust (RWT) Net Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported Net Margin for 12 consecutive years, with 20.43% the latest figure, recorded 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 13.38%, a 2716.0% increase from a year earlier, with the FY2023 full-year figure at 5.41%, down 226866.0% from the prior year.
- Net Margin was 20.43% for Q2 2024 at Redwood Trust, down from 38.25% in the prior quarter.
- Over five years, Net Margin peaked at 2291.41% in Q3 2022 and troughed at 302.69% in Q3 2023.
- A 5-year average of 156.59% and a median of 49.73% in 2020 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 222848 bps in 2022 and tumbled 259410 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 53.79% in 2020, then slipped by 15 bps to 45.67% in 2021, then slumped by 117 bps to 7.79% in 2022, then soared by 487 bps to 30.1% in 2023, then plunged by 32 bps to 20.43% in 2024.
- The last three Net Margin figures came in at 20.43% (Q2 2024), 38.25% (Q1 2024), and 30.1% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | - | 2.92% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.57% |
| 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 | - | 34.76% |
| 10 | Redwood Trust | 553.35 Mn | 361.50 Mn | - | - |
Historic Data
Download Data
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% |
| Dec 31, 2022 | -7.79% |
| Sep 30, 2022 | 2,291.41% |
| Jun 30, 2022 | 141.81% |
| Mar 31, 2022 | 43.02% |
| Dec 31, 2021 | 45.67% |
| Sep 30, 2021 | 62.93% |
| Jun 30, 2021 | 62.07% |
| Mar 31, 2021 | 60.50% |
| Dec 31, 2020 | 53.79% |
| Sep 30, 2020 | 75.23% |
| Jun 30, 2020 | 82.45% |
| Mar 31, 2020 | 112.10% |
| Dec 31, 2019 | 47.75% |
| Sep 30, 2019 | 54.00% |