Redwood Trust (RWT) Revenue (2013 - 2024)

Redwood Trust's (RWT) quarterly Revenue came in at $67.4 million in Q2 2024, up 55.89% year-on-year from $43.3 million in Q3 2023, and down 9.53% on a QoQ basis from $74.5 million in Q1 2024.

Redwood Trust (RWT) Revenue (2013 - 2024) Analysis & Trends

Redwood Trust (RWT) has 12 years of Revenue data on file, last reported at $67.4 million in Q2 2024.

  • On a quarterly basis, Revenue rose 55.89% year-over-year to $67.4 million in Q2 2024; TTM through Jun 2024 was $807.3 million, a 586.89% increase from a year earlier, with the FY2023 full-year figure at $165.6 million, up 2392.47% from the prior year.
  • Revenue for Q2 2024 stood at $67.4 million, down from $74.5 million in the prior quarter.
  • Over the last five years, Revenue for RWT reached as high as $654.5 million in Q4 2023 and fell as low as -$865.8 million in Q1 2020.
  • Historically, Revenue has averaged $62.1 million across 5 years, with a median of $73.2 million in 2022.
  • Across the five-year window, Revenue plunged 1194.04% in 2020 and soared 2162.59% in 2023, its largest moves.
  • Year by year, Revenue stood at $100.9 million in 2020, then increased by 21.4% to $122.6 million in 2021, then plunged by 76.39% to $28.9 million in 2022, then surged by 2162.59% to $654.5 million in 2023, then plunged by 89.7% to $67.4 million in 2024.
  • Per Business Quant data, the three most recent Revenue figures were $67.4 million in Q2 2024, $74.5 million in Q1 2024, and $654.5 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (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 - 512.46 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 1.38 Bn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -116.38 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 162.14 Mn
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 67.45 Mn
Mar 31, 2024 74.55 Mn
Dec 31, 2023 654.55 Mn
Sep 30, 2023 10.76 Mn
Jun 30, 2023 43.27 Mn
Mar 31, 2023 47.54 Mn
Dec 31, 2022 28.93 Mn
Sep 30, 2022 -2.20 Mn
Jun 30, 2022 -70.50 Mn
Mar 31, 2022 71.86 Mn
Dec 31, 2021 122.55 Mn
Sep 30, 2021 140.30 Mn
Jun 30, 2021 145.04 Mn
Mar 31, 2021 160.01 Mn
Dec 31, 2020 100.94 Mn
Sep 30, 2020 188.50 Mn
Jun 30, 2020 200.66 Mn
Mar 31, 2020 -865.76 Mn
Dec 31, 2019 102.93 Mn
Sep 30, 2019 63.54 Mn