Redwood Trust (RWT) Payables (2009 - 2024)
Redwood Trust (RWT) reported Payables of $1.25 billion for Q1 2024, down 22.6% from $1.62 billion a year earlier and down 19.7% from the prior quarter.
Analysis
Redwood Trust (RWT) Payables (2009 - 2024) Analysis & Trends
At the end of FY2023, Redwood Trust posted Payables of $1.56 billion, down 23.2% from FY2022.
- Payables has a five-year compound annual growth rate of -8.3% (FY2018 to FY2023).
- By year, Payables came in at $2.03 billion in FY2022 (-6.8%), $2.18 billion in FY2021 (+316.6%), $522.61 million in FY2020 (-77.6%) and $2.33 billion in FY2019 (-3.0%).
- The Q1 2024 figure ranks as the lowest quarterly Payables since Q4 2020.
- Year over year, Payables has now declined in each of the last six quarters, with an average decline of 7.5% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q2 2021 (growth of 924.1%); the low point was Q2 2020 (a decline of 94.1%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $1.56 billion (Q4 2023), $1.48 billion (Q3 2023) and $1.46 billion (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 4.17 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 5.70 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 44.90 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 821.80 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 167.00 Mn |
| 10 | Redwood Trust | 484.84 Mn | -391.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.56 Bn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 1.46 Bn |
| Mar 31, 2023 | 1.62 Bn |
| Dec 31, 2022 | 2.03 Bn |
| Sep 30, 2022 | 2.11 Bn |
| Jun 30, 2022 | 1.87 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 2.18 Bn |
| Sep 30, 2021 | 1.75 Bn |
| Jun 30, 2021 | 1.48 Bn |
| Mar 31, 2021 | 1.25 Bn |
| Dec 31, 2020 | 522.61 Mn |
| Sep 30, 2020 | 482.76 Mn |
| Jun 30, 2020 | 145.00 Mn |
| Mar 31, 2020 | 2.34 Bn |
| Dec 31, 2019 | 2.33 Bn |
| Sep 30, 2019 | 1.98 Bn |
| Jun 30, 2019 | 2.46 Bn |
API Access
Redwood Trust Payables 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=payables&ticker=RWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();