Shareholder returns
- Dividends have been paid for 5 consecutive years.
- The dividend has grown 1.9% per year over the past 5 years.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | -$70M | — | — | -7.1% | -0.3% | — | — | $256M |
| 2024 | — | $54M | — | — | 4.5% | 0.3% | — | — | $245M |
| 2023 | — | -$2M | — | — | -0.2% | -0.0% | — | $3.2B | $293M |
| 2022 | — | -$164M | — | — | -15.1% | -1.3% | — | $3.8B | $259M |
| 2021 | — | $320M | — | — | 23.1% | 2.2% | — | $3.8B | $450M |
| 2020 | — | -$582M | — | — | -52.4% | -5.6% | — | $1.9B | $461M |
| 2019 | — | $169M | — | — | 9.3% | 0.9% | — | — | $197M |
| 2018 | — | $120M | — | — | 8.9% | 1.0% | — | $5.0B | $176M |
| 2017 | — | $140M | — | — | 11.6% | 2.0% | — | $4.5B | $145M |
| 2016 | — | $131M | — | — | 11.4% | 2.4% | — | $3.4B | $213M |
| 2015 | — | $102M | — | — | 8.9% | 1.6% | — | $3.9B | $220M |
| 2014 | — | $101M | — | — | 7.9% | 1.7% | — | $3.0B | $270M |
| 2013 | — | $173M | — | — | — | 3.8% | — | $1.3B | $173M |
| 2012 | — | $132M | — | — | 11.6% | 3.0% | — | $691M | $81M |
| 2011 | — | $26M | — | — | 3.0% | 0.5% | — | $568M | $267M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | -$1M | — | — | -0.1% | -0.0% | — | — | $192M |
| Mar '26 | — | -$6M | — | — | -0.6% | -0.0% | — | — | $202M |
| Dec '25 | — | $20M | — | — | 2.0% | 0.1% | — | — | $256M |
| Sep '25 | — | -$8M | — | — | -0.8% | -0.0% | — | — | $226M |
| Jun '25 | — | -$98M | — | — | -9.3% | -0.5% | — | — | $302M |
| Mar '25 | — | $16M | — | — | 1.4% | 0.1% | — | — | $260M |
| Dec '24 | — | -$7M | — | — | -0.6% | -0.0% | — | — | $245M |
| Sep '24 | — | $15M | — | — | 1.2% | 0.1% | — | — | $254M |
| Jun '24 | — | $16M | — | — | 1.3% | 0.1% | — | — | $276M |
| Mar '24 | — | $30M | — | — | 2.5% | 0.2% | — | $3.0B | $275M |
| Dec '23 | — | $21M | — | — | 1.7% | 0.1% | — | $3.2B | $293M |
| Sep '23 | — | -$31M | — | — | -2.8% | -0.2% | — | $3.3B | $204M |
| Jun '23 | — | $3M | — | — | 0.3% | 0.0% | — | $3.3B | $357M |
| Mar '23 | — | $5M | — | — | 0.4% | 0.0% | — | $3.3B | $404M |
| Dec '22 | — | -$44M | — | — | -4.1% | -0.3% | — | $3.8B | $259M |
| Sep '22 | — | -$50M | — | — | -4.4% | -0.4% | — | $3.6B | $297M |
| Jun '22 | — | -$100M | — | — | -7.9% | -0.7% | — | $3.8B | $371M |
| Mar '22 | — | $31M | — | — | 2.1% | 0.2% | — | $3.6B | $409M |
| Dec '21 | — | $44M | — | — | 3.2% | 0.3% | — | $3.8B | $450M |
| Sep '21 | — | $88M | — | — | 6.4% | 0.7% | — | $3.3B | $557M |
How the market has priced RWTQ against its own fundamentals since 2025-11 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
See the revenue and net-income charts above for REDWOOD TRUST INC's multi-year trend.
As of FY2025, REDWOOD TRUST INC reported — of total debt against $256M of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Sep '26, REDWOOD TRUST INC traded at a price-to-earnings ratio of about 60.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.