Redwood Trust (RWTQ) EBT Margin (2013 - 2024)
Redwood Trust (RWTQ) reported EBT Margin of 30.33% for Q2 2024, up 2353.0% year-over-year from 1.24% in Q3 2023, and down 26.55% quarter-over-quarter from 41.29% in Q1 2024.
Redwood Trust (RWTQ) EBT Margin (2013 - 2024) Analysis & Trends
Redwood Trust (RWTQ) has 12 years of EBT Margin data on file, last reported at 30.33% in Q2 2024.
- EBT Margin for Q2 2024 came in at 30.33%, up 2353.0% year-over-year; the trailing twelve-month figure through Jun 2024 was 20.37% (up 10209.0% YoY), and the FY2023 annual result was 0.39%, down 253935.0% from the prior year.
- EBT Margin retreated to 30.33% in Q2 2024 per RWTQ's latest filing, from 41.29% in the prior quarter.
- Over five years, EBT Margin peaked at 2227.0% in Q3 2022 and troughed at 270.65% in Q3 2023.
- A 5-year average of 148.37% and a median of 55.08% in 2021 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2023: EBT Margin surged 216715 bps in 2022, then tumbled 249765 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 62.18% in 2020, then slipped by 19 bps to 50.31% in 2021, then slumped by 468 bps to 184.91% in 2022, then surged by 119 bps to 34.39% in 2023, then declined by 12 bps to 30.33% in 2024.
- Business Quant data shows RWTQ's EBT Margin at 30.33% in Q2 2024, 41.29% in Q1 2024, and 34.39% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT 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 | - | 10.44% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 11.17% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 4.45% |
| 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 | - | 53.07% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Redwood Trust | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 30.33% |
| Mar 31, 2024 | 41.29% |
| Dec 31, 2023 | 34.39% |
| Sep 30, 2023 | -270.65% |
| Jun 30, 2023 | 6.80% |
| Mar 31, 2023 | 7.36% |
| Dec 31, 2022 | -184.91% |
| Sep 30, 2022 | 2,227.00% |
| Jun 30, 2022 | 155.20% |
| Mar 31, 2022 | 39.60% |
| Dec 31, 2021 | 50.31% |
| Sep 30, 2021 | 59.85% |
| Jun 30, 2021 | 66.68% |
| Mar 31, 2021 | 68.00% |
| Dec 31, 2020 | 62.18% |
| Sep 30, 2020 | 80.07% |
| Jun 30, 2020 | 82.47% |
| Mar 31, 2020 | 114.74% |
| Dec 31, 2019 | 51.96% |
| Sep 30, 2019 | 53.82% |