Redwood Trust (RWTP) Net Margin (2013 - 2024)
Redwood Trust (RWTP) reported Net Margin of 20.43% for Q2 2024, up 1785.0% year-over-year from 1.08% in Q3 2023, and down 46.59% quarter-over-quarter from 38.25% in Q1 2024.
Redwood Trust (RWTP) Net Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWTP) has 12 years of Net Margin data on file, last reported at 20.43% in Q2 2024.
- Net Margin for Q2 2024 came in at 20.43%, up 1785.0% year-over-year; the trailing twelve-month figure through Jun 2024 was 13.38% (up 9009.0% YoY), and the FY2023 annual result was 5.41%, down 226866.0% from the prior year.
- Net Margin eased to 20.43% in Q2 2024 per RWTP's latest filing, from 38.25% in the prior quarter.
- Over five years, Net Margin peaked at 2291.41% in Q3 2022 and troughed at 302.69% in Q3 2023.
- A 5-year average of 148.56% and a median of 49.72% in 2020 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 222848 bps in 2022, then slumped 259410 bps in 2023.
- A 5-year view of Net Margin shows it stood at 53.87% in 2020, then fell by 15 bps to 45.58% in 2021, then plunged by 434 bps to 152.3% in 2022, then jumped by 120 bps to 30.1% in 2023, then tumbled by 32 bps to 20.43% in 2024.
- Business Quant data shows RWTP's Net Margin at 20.43% in Q2 2024, 38.25% in Q1 2024, and 30.1% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 11.21% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 4.91% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 5.45% |
| 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 | - | 26.97% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Redwood Trust | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 20.43% |
| Mar 31, 2024 | 38.25% |
| Dec 31, 2023 | 30.10% |
| Sep 30, 2023 | -302.69% |
| Jun 30, 2023 | 2.58% |
| Mar 31, 2023 | 6.73% |
| Dec 31, 2022 | -152.30% |
| Sep 30, 2022 | 2,291.41% |
| Jun 30, 2022 | 141.81% |
| Mar 31, 2022 | 43.02% |
| Dec 31, 2021 | 45.58% |
| Sep 30, 2021 | 62.93% |
| Jun 30, 2021 | 62.07% |
| Mar 31, 2021 | 60.50% |
| Dec 31, 2020 | 53.87% |
| Sep 30, 2020 | 75.23% |
| Jun 30, 2020 | 82.45% |
| Mar 31, 2020 | 112.13% |
| Dec 31, 2019 | 47.75% |
| Sep 30, 2019 | 54.00% |