Redwood Trust, Inc.

RWT Real Estate Reit Mortgage

Redwood Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 25.2% from fiscal 2024. In the quarter to June 2026, revenue grew 35.5%, EPS grew 97.4%, free cash flow fell 77.3% and total debt rose 39.2%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five; insiders bought in the last twelve months.

3.04 0.07 −2.25%
Market cap
$390.7M
P/E
0.0×
Fwd P/E
8.4×
Dividend yield
23.7%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
0.00 19.79 0.00 0.00 5.57 0.00 11.18 11.77 9.12 10.15
Piotroski F-Score
2 3 4 3 5 3 3 3 2 5
P/S ratio
0.61 0.91 1.16 1.16 2.60 1.75 2.69 3.13 4.57 4.81
P/FCF ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/Operating CF
(0.21) (1.01) (0.73) (84.41) (0.78) (3.04) 46.81 (4.77) (1.05) 5.63
P/B ratio
0.79 0.77 0.74 0.76 1.08 0.90 0.92 0.88 0.94 1.03
Price to Tangible BV
0.81 0.79 0.76 0.80 1.11 0.95 1.00 0.93 0.99 1.15
EV/Sales
20.13 19.61 20.82 17.29 24.41 16.62 27.61 30.01 26.87 20.90
EV/EBITDA
0.00 0.00 0.00 291.04 702.92 59.55 274.33 143.77 114.13 71.80
EV/Operating CF
(2.36) (3.16) (7.48) (87.97) (2.46) (18.80) (14.74) (7.05) (3.89) (9.44)
EV/FCF
(2.40) (3.20) (7.66) (138.41) (2.50) (22.01) (15.73) (7.39) (4.07) (10.25)
Quick Ratio
1.13 1.00 1.70 0.15 0.22 0.78 0.11 0.10 0.09 0.27
Current Ratio
55.15 52.28 60.26 5.29 5.53 13.42 6.28 3.88 2.61 4.73
Net Debt/EBITDA
(447.55) (1,745.34) (14,330.18) 271.55 628.11 53.28 247.62 128.76 94.71 55.29
Debt/Assets
94.05% 91.65% 89.98% 90.17% 88.88% 87.38% 87.79% 86.97% 80.66% 76.33%
Debt/Equity
22.69 14.09 10.85 10.84 9.43 8.15 8.65 7.70 4.68 3.64
Asset Turnover
0.06 0.06 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04
Operating CF/Net income
131.03 (124.76) 225.03 0.85 (17.82) 0.87 (7.09) (13.91) (12.53) (4.28)
Capex/Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (1.71)
ROE
(7.57%) 4.16% (0.81%) (13.24%) 25.60% (39.74%) 10.35% 9.05% 11.58% 11.11%
ROA
(0.37%) 0.29% (0.07%) (1.18%) 2.55% (4.12%) 1.10% 1.22% 2.18% 2.18%
ROIC
(0.20%) (0.12%) (0.15%) 0.10% 0.06% 0.29% 0.21% 0.50% 0.70% 1.19%
Return on Tangible Assets
(0.36%) 0.29% (0.07%) (1.72%) 2.91% (6.70%) 1.23% 1.59% 4.19% 3.92%
Average Days of Receivables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 45.40 39.75 27.34
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
13.01% 14.43% 17.71% 19.91% 28.74% 19.85% 17.47% 19.88% 31.10% 0.00%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.02
Share Based Compensation of Revenue
1.45% 2.19% 2.63% 3.38% 3.29% 2.67% 2.40% 3.63% 4.18% 5.13%
Graham Net Nets
(1.00) (0.77) (0.28) (0.30) 0.05 0.18 (0.15) (0.67) (0.47) (0.17)
Graham Number
0.00 7.94 0.00 0.00 25.55 0.00 24.53 22.21 23.99 22.63
Earnings Yield
(11.03%) 5.05% (1.66%) (20.74%) 17.97% (61.43%) 8.95% 8.49% 10.97% 9.85%
Free Cash Flow Yield
(1,379.51%) (672.30%) (233.53%) (10.79%) (376.36%) (43.17%) (65.29%) (129.65%) (144.55%) (42.42%)
Revenue per Share
9.08 7.16 6.23 6.04 5.08 5.02 6.15 4.81 3.23 3.21
Operating CF per Share
(77.50) (44.40) (17.34) (1.19) (50.29) (4.44) (11.53) (20.47) (22.31) (7.11)
Capex per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56
Free Cash Flow per Share
(77.50) (44.40) (17.34) (1.19) (50.29) (4.44) (11.53) (20.47) (22.31) (6.55)
Cash per Share
3.45 2.37 3.17 2.81 4.69 4.78 2.88 2.61 1.91 2.89
Shareholders Equity per Share
7.54 9.00 10.34 9.25 12.24 9.75 18.07 17.13 15.79 14.98
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
7.54 9.00 10.34 9.25 12.24 9.75 18.07 17.13 15.79 14.98
Free Cash Flow
(10,094.52) (5,862.52) (2,015.82) (139.14) (5,694.56) (505.47) (1,165.58) (1,611.73) (1,713.16) (502.35)
Working Capital
21,602.61 16,088.70 12,848.21 9,489.81 10,965.27 8,720.13 13,384.91 7,271.25 3,264.18 3,254.40
Capital Expenditures
— — — — — — — (25.49) (0.64) 43.30
Net Current Asset Value
(716.96) (668.04) (236.62) (247.22) 67.56 177.91 (247.26) (795.83) (538.50) (206.08)
EV/EBIT
0.00 0.00 0.00 615.69 1,082.02 211.10 298.48 124.30 88.36 53.05
Capex to Sales
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (0.18)
Price to Operating Income
0.00 0.00 0.00 41.22 115.15 22.22 29.06 12.98 15.03 12.20
Other line items
Depreciation/Fixed assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash ROIC
(42.55%) (32.15%) (13.79%) (1.06%) (37.99%) (4.72%) (6.51%) (13.50%) (24.34%) (9.04%)
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 10.53 10.22 10.91 11.80
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
— — — — — — 59.08 37.06 22.73 20.87
Average Assets
20,979.73 16,381.34 13,767.62 13,868.92 12,531.01 14,175.26 14,966.43 9,488.62 6,261.65 5,851.76
Average Common Equity
1,018.29 1,128.33 1,109.87 1,235.04 1,248.49 1,469.07 1,588.01 1,280.54 1,180.86 1,147.85

Fold the line items

Columns are period end dates