Redwood Trust (RWT) Revenue (2013 - 2024)
Redwood Trust (RWT) posted quarterly Revenue of $67.4 million for 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.
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.
- In Q2 2024, Revenue rose 55.89% year-over-year to $67.4 million; the TTM figure through Jun 2024 stood at $832.1 million (up 449.84% YoY), while the FY2023 annual figure was $165.6 million, up 2392.47% from the prior year.
- Revenue slipped to $67.4 million in Q2 2024 per RWT's latest filing, from $74.5 million in the prior quarter.
- Across five years, Revenue topped out at $679.4 million in Q4 2023 and bottomed at -$865.8 million in Q1 2020.
- Historically, Revenue has averaged $64.9 million across 5 years, with a median of $73.2 million in 2022.
- Annual changes were most pronounced in 2020 — Revenue slumped 1194.04% — and 2023, when it soared 982.91%.
- Redwood Trust's Revenue stood at $92.8 million in 2020, then soared by 32.06% to $122.6 million in 2021, then plunged by 48.81% to $62.7 million in 2022, then jumped by 982.91% to $679.4 million in 2023, then plunged by 90.07% to $67.4 million in 2024.
- Business Quant data shows RWT's Revenue at $67.4 million in Q2 2024, $74.5 million in Q1 2024, and $679.4 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 513.67 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -203.52 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 123.13 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 62.40 Mn |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 67.45 Mn |
| Mar 31, 2024 | 74.55 Mn |
| Dec 31, 2023 | 679.35 Mn |
| Sep 30, 2023 | 10.76 Mn |
| Jun 30, 2023 | 43.27 Mn |
| Mar 31, 2023 | 47.54 Mn |
| Dec 31, 2022 | 62.73 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 | 92.80 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 |