Redwood Trust, Inc. (RWT)
NYSE: RWT · Real-Time Price · USD
4.620
0.00 (0.00%)
At close: Aug 31, 2026, 4:00 PM EDT
4.670
+0.050 (1.08%)
Pre-market: Sep 1, 2026, 7:53 AM EDT

Redwood Trust Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
261.57177.37256.91165.63-22.1539.6
Revenue Growth
73.61%-30.96%55.11%---
Operating Income
23.72-44.8474.841.36-176.44341.9
Net Income
-6.83-82.6842.6-12.96-167.86308.98
Earnings Per Share
-0.05-0.630.32-0.11-1.432.37
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Corporate / Other
-62.31-63.55-71.01-55.36-31.94-
Legacy Investments
-49.74-130.6611.52-0.18--
Redwood Investments
76.697.5156.97142.9811.77313.17
CoreVest Mortgage Banking
64.1176.0358.0648.0421.77116.46
Sequoia Mortgage Banking
-198.06101.3730.15-8.82149.14
Total
261.57177.37256.91165.63-7.23541.98

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
444.83496.72484.92347.74388.05647.57
Total Debt
27,49722,33016,76813,10011,78513,096
Net Cash (Debt)
-27,052-21,834-16,283-12,752-11,397-12,448
Net Cash Growth
------
Net Cash Per Share
-214.13-167.63-123.22-109.66-97.22-87.62

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-14,284-10,095-5,863-2,016-139.14-5,695
Free Cash Flow
-14,284-10,095-5,863-2,016-139.14-5,695
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
9.07%-25.28%29.13%0.82%-63.36%
Pretax Margin
7.16%-25.28%28.35%-0.39%829.90%62.66%
Profit Margin
-2.61%-46.62%16.58%-7.82%-57.26%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.7200.7200.6700.7100.9200.780
Dividend Per Share Growth
1.41%7.46%-5.63%-22.83%17.95%7.59%
Dividend Yield
15.58%13.97%12.47%12.87%20.28%9.93%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--20.28--4.89
Forward PE
4.676.388.2810.778.289.54
PS Ratio
2.223.953.365.31-34.662.80