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