Redwood Trust (RWTN) Tax Rate (2009 - 2026)

Redwood Trust (RWTN) reported Tax Rate of 31.26% for Q1 2026, up 332.0% year-over-year from 7.24% in Q1 2025, and up 9.44% quarter-over-quarter from 28.57% in Q4 2025.

Redwood Trust (RWTN) Tax Rate (2009 - 2026) Analysis & Trends

Redwood Trust (RWTN) has 18 years of Tax Rate data on file, last reported at 31.26% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 31.26%, up 332.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.82% (down 5994.0% YoY), and the FY2025 annual result was 56.17%, down 8203.0% from the prior year.
  • Tax Rate rose to 31.26% in Q1 2026 per RWTN's latest filing, from 28.57% in the prior quarter.
  • Over five years, Tax Rate peaked at 32.47% in Q3 2024 and troughed at 1758.99% in Q4 2024.
  • A 5-year average of 123.79% and a median of 2.35% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 176350 bps in 2024, then soared 178756 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 17.64% in 2022, then plunged by 74 bps to 4.51% in 2023, then plunged by 39134 bps to 1758.99% in 2024, then surged by 102 bps to 28.57% in 2025, then increased by 9 bps to 31.26% in 2026.
  • Business Quant data shows RWTN's Tax Rate at 31.26% in Q1 2026, 28.57% in Q4 2025, and 470.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -0.53%
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -7.38%
4 Rithm Capital 5.08 Bn 4.78 Bn - 29.02%
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -22.35%
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 1.06%
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 11.28%
10 Redwood Trust - - - 31.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 31.26%
Mar 31, 2026 31.26%
Dec 31, 2025 28.57%
Dec 31, 2025 28.57%
Sep 30, 2025 -470.24%
Sep 30, 2025 -470.24%
Jun 30, 2025 -4.86%
Jun 30, 2025 -4.86%
Mar 31, 2025 27.94%
Mar 31, 2025 27.94%
Dec 31, 2024 -1,758.99%
Dec 31, 2024 -1,758.99%
Sep 30, 2024 32.47%
Sep 30, 2024 32.47%
Jun 30, 2024 24.07%
Jun 30, 2024 24.07%
Mar 31, 2024 1.70%
Mar 31, 2024 1.70%
Dec 31, 2023 4.51%
Dec 31, 2023 4.51%