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-over-year from $43.3 million in Q3 2023, and down 9.53% quarter-over-quarter from $74.5 million in Q1 2024.
Analysis
Redwood Trust (RWT) Revenue (2013 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported Revenue for 12 consecutive years, with $67.4 million the latest figure, recorded 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 $216.8 million, a 66.86% decrease from a year earlier, with the FY2023 full-year figure at $165.6 million, up 2392.47% from the prior year.
- Revenue was $67.4 million for Q2 2024 at Redwood Trust, down from $74.5 million in the prior quarter.
- Over five years, Revenue peaked at $565.7 million in Q4 2022 and troughed at -$841.5 million in Q1 2020.
- A 5-year average of $59.1 million and a median of $73.2 million in 2022 frame the typical range for Revenue.
- Across the five-year window, Revenue plunged 1157.96% in 2020 and surged 588.95% in 2023, its largest moves.
- Over 5 years, Revenue stood at $100.9 million in 2020, then dropped by 4.27% to $96.6 million in 2021, then surged by 485.43% to $565.7 million in 2022, then tumbled by 88.67% to $64.1 million in 2023, then gained by 5.27% to $67.4 million in 2024.
- The last three Revenue figures came in at $67.4 million (Q2 2024), $74.5 million (Q1 2024), and $64.1 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (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 | - | 513.67 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.28 Bn |
| 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 | - | -203.52 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 123.13 Mn |
| 10 | Redwood Trust | 553.35 Mn | 361.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 67.45 Mn |
| Mar 31, 2024 | 74.55 Mn |
| Dec 31, 2023 | 64.07 Mn |
| Sep 30, 2023 | 10.76 Mn |
| Jun 30, 2023 | 43.27 Mn |
| Mar 31, 2023 | 47.54 Mn |
| Dec 31, 2022 | 565.74 Mn |
| Sep 30, 2022 | -2.20 Mn |
| Jun 30, 2022 | -70.50 Mn |
| Mar 31, 2022 | 71.86 Mn |
| Dec 31, 2021 | 96.64 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 | -841.54 Mn |
| Dec 31, 2019 | 102.93 Mn |
| Sep 30, 2019 | 63.54 Mn |