Redwood Trust

Redwood Trust, Inc. (NYSE: RWT), together with its subsidiaries, is a specialty finance company focused on investing in mortgage - and other real estate - related assets and engaging in residential and commercial mortgage banking activities. We seek to invest in real estate-related assets that have the potential to generate attractive cash flow returns over time and to generate income through our residential and commercial mortgage banking activities. Our employees are a team of disciplined, dedicated and talented professionals who do what it takes to make the Company a leader in innovation and reputation. We value everyone's contribution, actively soliciting feedback at all levels within the organization. Work gets done in a non-hierarchical, hard-working and fun environment.
Company Growth (employees)
Type
Public
HQ
Mill Valley, US
Founded
1994
Size (employees)
125 (est)
Redwood Trust was founded in 1994 and is headquartered in Mill Valley, US

Redwood Trust Office Locations

Redwood Trust has offices in Mill Valley, Englewood, New York, Denver and in 1 other location
Mill Valley, US (HQ)
300 1 Belvedere Dr
New York, US
2810 1114 Ave of the Americas
Englewood, US
8310 South Valley Highway, Suite 425

Redwood Trust Data and Metrics

Redwood Trust Financial Metrics

Redwood Trust's revenue was reported to be $246.4 m in FY, 2016
USD

Net income (Q1, 2017)

37 m

EBIT (Q1, 2017)

33.6 m

Market capitalization (17-Aug-2017)

1.6 b

Cash (31-Mar-2017)

221.8 m
Redwood Trust's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

226.2 m242.1 m259.4 m246.4 m

Revenue growth, %

7%7%(5%)

Cost of goods sold

(81 m)(87.5 m)(95.9 m)(88.5 m)

Gross profit

307.1 m329.5 m355.3 m334.9 m

Gross profit Margin, %

136%136%137%136%

Operating expense total

84.8 m90.1 m97.4 m

EBIT

184.2 m101.3 m91.7 m157.8 m

EBIT margin, %

81%42%35%64%

Interest income

145.2 m154.6 m163.5 m157.8 m

Income tax expense

10.9 m744 k(10.3 m)

Net Income

173.2 m100.6 m102.1 m131.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

77.5 m60.1 m

Cost of goods sold

(23 m)(23.9 m)(24 m)(22.4 m)(21.6 m)(21 m)

Gross profit

100.5 m83.9 m

Gross profit Margin, %

130%140%

EBIT

40.4 m39.6 m38.4 m44.3 m39.3 m33.6 m

EBIT margin, %

52%66%

Net Income

28.4 m73.4 m14.8 m41.9 m61 m12.1 m53.3 m105.9 m37 m
USDY, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

267.2 m81.1 m173.2 m269.7 m220.2 m212.8 m

Accounts Receivable

13.5 m18.2 m23.3 m18.5 m

Total Assets

4.6 b5.9 b6.2 b5.5 b

Accounts Payable

6.4 m8.5 m8.9 m9.6 m

Total Liabilities

4.3 b

Additional Paid-in Capital

1.8 b1.8 b1.7 b1.7 b

Total Equity

1.2 b1.3 b1.1 b1.1 b

Financial Leverage

3.7 x4.7 x5.4 x4.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

157.1 m149.6 m303.8 m226.4 m235.4 m305.1 m216.9 m221.4 m221.8 m

Total Assets

5.4 b5.6 b5.8 b5.6 b6.3 b5.7 b5.9 b5.9 b5.2 b

Additional Paid-in Capital

1.8 b1.8 b1.8 b1.8 b1.7 b1.7 b1.7 b1.7 b1.7 b

Total Equity

1.2 b1.3 b1.3 b1.3 b1.2 b1.1 b1.1 b1.1 b1.2 b

Financial Leverage

4.3 x4.4 x4.6 x4.4 x5.2 x5.3 x5.4 x5.2 x4.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

173.2 m100.6 m102.1 m131.3 m

Cash From Operating Activities

(221.8 m)(1.8 b)(1.3 b)(545.7 m)

Purchases of PP&E

(7.8 b)

Cash From Investing Activities

351.3 m740.6 m863.2 m1.3 b

Dividends Paid

(94.4 m)(95.3 m)(94.9 m)(88.5 m)

Cash From Financing Activities

(37.4 m)1.1 b337.5 m(795.4 m)

Interest Paid

85.4 m81.4 m86.8 m87.2 m

Income Taxes Paid

3.4 m1.4 m165 k1.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

28.4 m73.4 m14.8 m41.9 m61 m12.1 m53.3 m105.9 m37 m

Cash From Operating Activities

(786.2 m)(1.5 b)(119.1 m)(286.3 m)(1 b)106 m(360.7 m)(756.1 m)253.6 m

Purchases of PP&E

(3.1 b)

Cash From Investing Activities

75.1 m629.3 m194.1 m510.2 m669.8 m473 m731.6 m1.1 b62.3 m

Dividends Paid

(47.5 m)(71.3 m)(24.2 m)(48.3 m)(72.1 m)(22.3 m)(44.3 m)(66.4 m)(22.1 m)

Cash From Financing Activities

695 m880.4 m(40.9 m)(267.2 m)345.7 m(494.1 m)(374.2 m)(391.7 m)(307 m)

Interest Paid

38.2 m57 m15 m41.4 m58 m18.6 m45.8 m62.1 m14.7 m

Income Taxes Paid

1.4 m1.4 m38 k48 k55 k64 k467 k826 k4 k
Y, 2017

Financial Leverage

4.5 x

Redwood Trust Market Value History

Traffic Overview of Redwood Trust

Redwood Trust Company Life and Culture

You may also be interested in