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