Redwood Trust (RWTQ) Share-based Compensation (2009 - 2023)
Redwood Trust (RWTQ) reported Share-based Compensation of $4.1 million for Q4 2023, down 24.38% year-over-year from $5.4 million in Q4 2022, and up 20.53% quarter-over-quarter from $3.4 million in Q3 2023.
Redwood Trust (RWTQ) Share-based Compensation (2009 - 2023) Analysis & Trends
Redwood Trust (RWTQ) has 15 years of Share-based Compensation data on file, last reported at $4.1 million in Q4 2023.
- Share-based Compensation for Q4 2023 came in at $4.1 million, down 24.38% year-over-year; the trailing twelve-month figure through Dec 2023 was $19.1 million (down 20.38% YoY), and the FY2023 annual result was $19.1 million, down 20.38% from the prior year.
- Share-based Compensation improved to $4.1 million in Q4 2023 per RWTQ's latest filing, from $3.4 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $8.2 million in Q1 2022 and troughed at $3.1 million in Q1 2019.
- A 5-year average of $4.6 million and a median of $4.2 million in 2019 frame the typical range for Share-based Compensation.
- The sharpest annual moves came in 2022 and 2023: Share-based Compensation surged 93.69% in 2022, then sank 32.73% in 2023.
- A 5-year view of Share-based Compensation shows it stood at $4.4 million in 2019, then fell by 5.74% to $4.2 million in 2020, then slipped by 0.19% to $4.1 million in 2021, then soared by 31.15% to $5.4 million in 2022, then retreated by 24.38% to $4.1 million in 2023.
- Business Quant data shows RWTQ's Share-based Compensation at $4.1 million in Q4 2023, $3.4 million in Q3 2023, and $5.2 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -6.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 6.69 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 8.00 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 559,000.00 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 4.42 Mn |
| 10 | Redwood Trust | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 4.11 Mn |
| Dec 31, 2023 | 4.11 Mn |
| Sep 30, 2023 | 3.41 Mn |
| Sep 30, 2023 | 3.41 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Mar 31, 2023 | 6.34 Mn |
| Mar 31, 2023 | 6.34 Mn |
| Dec 31, 2022 | 5.44 Mn |
| Dec 31, 2022 | 5.44 Mn |
| Sep 30, 2022 | 5.07 Mn |
| Sep 30, 2022 | 5.07 Mn |
| Jun 30, 2022 | 5.27 Mn |
| Jun 30, 2022 | 5.27 Mn |
| Mar 31, 2022 | 8.17 Mn |
| Mar 31, 2022 | 8.17 Mn |
| Dec 31, 2021 | 4.14 Mn |
| Dec 31, 2021 | 4.14 Mn |
| Sep 30, 2021 | 4.90 Mn |
| Sep 30, 2021 | 4.90 Mn |