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Also trades as: RWTQ (NYSE) · $vol 1M · RWT-PA (NYSE) · $vol 0M

RWT NYSE

Redwood Trust, Inc.
1W: +7.6% 1M: -11.9% 3M: -30.6% YTD: -42.5% 1Y: -42.4% 3Y: -39.9% 5Y: -63.7%
$3.24
+0.01 (+0.31%)
 
Weekly Expected Move ±7.2%
$3 $3 $3 $3 $4
NYSE · Real Estate · REIT - Mortgage · Tech Score Sell · Power 39 · $407.0M mcap · 112M float · 3.69% daily turnover · Short 50% of daily vol
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾
Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Income Trends

Revenue
$1.1B +356.5% ▲
Gross Profit
$1.1B +406.7% ▲
Operating Income
-$23M -130.8% ▼
Net Income
-$70M -229.7% ▼
EPS (Diluted)
$-0.63 -296.9% ▼
EBITDA
$1.1B +0.0% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$540M-$22M$159M$242M$1.1B
YoY Growth+269.7%-104.1%+817.5%+529.8%+356.5%
Cost of Revenue$22M$20M$22M$34M$48M
Gross Profit$518M-$42M$137M$209M$1.1B
Gross Margin95.9%189.2%86.3%86.1%95.6%
R&D Expenses$0$0$0$0$0
SG&A Expenses$161M$134M$126M$134M$154M
Operating Expenses$161M$134M$126M$134M$3M
Operating Income$356M-$176M$11M$75M-$23M
Operating Margin66.0%795.0%6.7%30.7%-2.1%
Interest Expense$427M$552M$632M$843M$18M
Income Before Tax$338M-$183M-$639K$73M-$45M
Tax Expense$18M-$20M$2M$19M$25M
Net Income$320M-$164M-$2M$54M-$70M
Net Margin59.2%739.8%-1.4%22.3%-6.3%
EPS (Diluted)$2.37$-1.43$-0.11$0.32$-0.63
EBITDA$801M$399M$0$0$1.1B
Shares Outstanding142M117M116M132M113M

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms