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| Date | Value |
|---|---|
| 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% |