Redwood Trust (RWTQ) Revenue (2013 - 2024)
Redwood Trust (RWTQ) reported Revenue of $67.4 million for Q2 2024, up 55.89% year-over-year from $43.3 million in Q3 2023, and down 9.53% quarter-over-quarter from $74.5 million in Q1 2024.
Redwood Trust (RWTQ) Revenue (2013 - 2024) Analysis & Trends
Redwood Trust (RWTQ) has 12 years of Revenue data on file, last reported at $67.4 million in Q2 2024.
- Revenue for Q2 2024 came in at $67.4 million, up 55.89% year-over-year; the trailing twelve-month figure through Jun 2024 was $216.8 million (up 84.49% YoY), and the FY2023 annual result was $165.6 million, up 2392.47% from the prior year.
- Revenue declined to $67.4 million in Q2 2024 per RWTQ's latest filing, from $74.5 million in the prior quarter.
- Over five years, Revenue peaked at $200.7 million in Q2 2020 and troughed at -$841.5 million in Q1 2020.
- A 5-year average of $29.2 million and a median of $69.7 million in 2022 frame the typical range for Revenue.
- The sharpest annual moves came in 2020 and 2023: Revenue tumbled 1157.96% in 2020, then soared 588.95% in 2023.
- A 5-year view of Revenue shows it stood at $100.9 million in 2020, then declined by 4.27% to $96.6 million in 2021, then sank by 70.06% to $28.9 million in 2022, then surged by 121.48% to $64.1 million in 2023, then advanced by 5.27% to $67.4 million in 2024.
- Business Quant data shows RWTQ's Revenue at $67.4 million in Q2 2024, $74.5 million in Q1 2024, and $64.1 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (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 | - | 512.46 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 1.38 Bn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -116.38 Mn |
| 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 | - | 171.27 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Redwood Trust | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 67.45 Mn |
| Mar 31, 2024 | 74.55 Mn |
| Dec 31, 2023 | 64.07 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 | 96.64 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 | -841.54 Mn |
| Dec 31, 2019 | 102.93 Mn |
| Sep 30, 2019 | 63.54 Mn |