Redwood Trust, Inc. (RWT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 26.82B | 23.7B | 22.6B | 21.33B | 19.87B | 18.26B | 18.43B | 16.49B | 15.06B | 14.5B | 13.02B | 12.8B | 13.12B | 13.03B | 13.15B | 13.88B | 14.25B | 14.71B | 13.07B | 12B |
| Asset Growth % | 34.95% | 29.81% | 22.65% | 29.36% | 31.97% | 25.88% | 41.52% | 28.87% | 14.76% | 11.31% | -0.95% | -7.78% | -7.94% | -11.4% | 0.56% | 15.67% | 30.8% | 42.03% | 25.68% | 15.77% |
| Real Estate & Other Assets | 1.07B | 243.69M | -835.22M | -694.58M | -814.53M | -837.62M | -736.3M | -678.4M | -617.45M | -543.92M | 338.71M | 313.97M | -710.78M | -724.47M | 238.11M | 263.08M | 337.6M | -895.99M | 333.5M | 354.62M |
| PP&E (Net) | 16.06M | 15.9M | 15.54M | 15.3M | 15.18M | 14.17M | 15.9M | 17.27M | 18.76M | 20.36M | 21.82M | 23.33M | 24.59M | 28.79M | 29.54M | 28.26M | 28.02M | 27.79M | 23M | 21.57M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 202M | 1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 524.31M | 0 | 637M | 5.74B | 709.66M | 0 | 556.99M | 11.26B |
| Cash & Equivalents | 202M | 255.66M | 226.32M | 301.98M | 259.92M | 245.16M | 253.67M | 275.58M | 275.39M | 293.1M | 203.62M | 357M | 404.45M | 258.89M | 297M | 371M | 409M | 450.49M | 557M | 421M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | -779.51M | 193.45M | -765.46M | -690.07M | -656.26M | -670.58M | -656.74M | -584.51M | -536.43M | -550.26M | -109.77M | 774.89M | -126.89M | -505.76M | 71.89M | 5.11B | -115.19M | -794.86M | -90.92M | 10.54B |
| Intangible Assets | 88.39M | 10.62M | 43.19M | 46.48M | 49.63M | 19.05M | 81.34M | 86.86M | 89.2M | 28.46M | 57.6M | 100.8M | 37.78M | 40.89M | 44.13M | 34.72M | 38.03M | 41.56M | 45.25M | 49.12M |
| Total Liabilities | 25.86B | 22.72B | 21.6B | 20.28B | 18.69B | 17.07B | 17.2B | 15.27B | 13.83B | 13.3B | 11.92B | 11.67B | 11.98B | 11.95B | 11.99B | 12.62B | 12.81B | 13.32B | 11.7B | 10.7B |
| Total Debt | 25.29B | 22.16B | 21.03B | 19.51B | 17.86B | 16.39B | 16.83B | 14.98B | 13.38B | 12.84B | 11.7B | 11.07B | 11.35B | 11.5B | 11.78B | 12.42B | 12.48B | 12.88B | 11.44B | 10.51B |
| Net Debt | 25.08B | 21.91B | 20.8B | 19.21B | 17.6B | 16.15B | 16.58B | 14.71B | 13.11B | 12.55B | 11.49B | 10.71B | 10.95B | 11.25B | 11.49B | 12.05B | 12.07B | 12.43B | 10.88B | 10.09B |
| Long-Term Debt | 21.93B | 18.87B | 17.97B | 17.16B | 15.82B | 14.63B | 16.82B | 14.97B | 12.42B | 11.48B | 10.21B | 9.85B | 10.04B | 9.58B | 9.53B | 10.41B | 10.7B | 10.76B | 9.54B | 1.48B |
| Short-Term Borrowings | 3.36B | 3.28B | 3.04B | 2.33B | 2.02B | 1.75B | 2.04B | 1.52B | 946.85M | 1.35B | 1.11B | 1.2B | 1.29B | 1.9B | 1.99B | 1.77B | 1.57B | 2.1B | 1.67B | 1.4B |
| Capital Lease Obligations | 9.71M | 10.67M | 11.6M | 12.34M | 13.07M | 11.03M | 11.71M | 12.66M | 13.66M | 14.72M | 15.63M | 16.67M | 17.64M | 18.56M | 19.53M | 19.45M | 20.22M | 20.96M | 15.77M | 16M |
| Total Current Liabilities | 3.36B | 3.55B | 2.94B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.61B | 1.6B | 0 | 0 | 2.11B | 1.82B | 1.63B | 0 | 1.71B | 1.44B |
| Accounts Payable | 116.81M | 91.55M | 102.81M | 92.48M | 91.89M | 77.79M | 80.6M | 64.76M | 65.41M | 57.75M | 56.44M | 51.21M | 54.48M | 50.85M | 51.66M | 48.07M | 60.38M | 47.57M | 34.55M | 35.62M |
| Deferred Revenue | 14.3M | 32.05M | 19.32M | 7.8M | 34.92M | 5.13M | 4.11M | 3.86M | 13.4M | 0 | 0 | 0 | 1.7M | 0 | 0 | 0 | 0 | 0 | -68.49M | -75.54M |
| Other Liabilities | 560.12M | 249.76M | -18B | -17.18B | -15.87B | -14.65B | -16.84B | -14.99B | -12.45B | -11.49B | 72.14M | 77.6M | -10.06B | -9.6B | 204.71M | 216.54M | 210.51M | -10.78B | 207.2M | 7.72B |
| Total Equity | 957M | 982.62M | 999.01M | 1.05B | 1.18B | 1.19B | 1.22B | 1.22B | 1.22B | 1.2B | 1.11B | 1.12B | 1.14B | 1.08B | 1.15B | 1.26B | 1.45B | 1.39B | 1.38B | 1.29B |
| Equity Growth % | -19.14% | -17.28% | -18.31% | -13.7% | -3.32% | -1.23% | 10.6% | 8.59% | 7.6% | 10.95% | -4.18% | -10.64% | -21.27% | -21.8% | -16.13% | -2.86% | 18.83% | 24.76% | 30.67% | 38.21% |
| Shareholders Equity | 957M | 982.62M | 999.01M | 1.05B | 1.18B | 1.19B | 1.22B | 1.22B | 1.22B | 1.2B | 1.11B | 1.12B | 1.14B | 1.08B | 1.15B | 1.26B | 1.45B | 1.39B | 1.38B | 1.29B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 1.25M | 1.25M | 1.27M | 1.32M | 1.33M | 1.32M | 1.32M | 1.32M | 1.32M | 1.31M | 1.19M | 1.14M | 1.14M | 1.14M | 1.13M | 1.17M | 1.2M | 1.15M | 1.15M | 1.13M |
| Additional Paid-in Capital | 2.47B | 2.46B | 2.48B | 2.5B | 2.51B | 2.5B | 2.5B | 2.5B | 2.49B | 2.49B | 2.4B | 2.36B | 2.36B | 2.35B | 2.35B | 2.36B | 2.39B | 2.32B | 2.31B | 2.29B |
| Retained Earnings | -1.55B | -1.52B | 1.1B | 1.11B | 1.21B | 1.19B | -1.31B | -1.3B | -1.29B | 1.14B | -1.29B | -1.24B | 1.16B | 1.15B | -1.13B | -1.05B | -920.81M | 1.32B | -939.52M | -1B |
| Preferred Stock | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.95M | 66.92M | 66.92M | 66.92M | 0 | 0 | 0 | 0 | 0 | 177K | 0 |
| Return on Assets (ROA) | -0.02% | 0.09% | -0.04% | -0.48% | 0.08% | -0.04% | 0.08% | 0.1% | 0.2% | 0.15% | -0.24% | 0.02% | 0.04% | -0.34% | -0.37% | -0.71% | 0.21% | 0.32% | 0.7% | 0.79% |
| Return on Equity (ROE) | -0.57% | 2.02% | -0.75% | -8.81% | 1.36% | -0.55% | 1.21% | 1.27% | 2.49% | 1.82% | -2.76% | 0.25% | 0.42% | -3.94% | -4.18% | -7.4% | 2.18% | 3.19% | 6.61% | 7.17% |
| Debt / Assets | 94.29% | 93.51% | 93.04% | 91.46% | 89.86% | 89.79% | 91.35% | 90.85% | 88.86% | 88.55% | 89.85% | 86.48% | 86.5% | 88.29% | 89.63% | 89.51% | 87.58% | 87.57% | 87.47% | 87.58% |
| Debt / Equity | 26.42x | 22.56x | 21.05x | 18.52x | 15.09x | 13.80x | 13.76x | 12.27x | 10.93x | 10.68x | 10.58x | 9.84x | 9.98x | 10.61x | 10.21x | 9.87x | 8.64x | 9.29x | 8.31x | 8.11x |
| Net Debt / EBITDA | 79.26x | 66.12x | 21268.38x | - | 699.34x | - | 66.87x | 479.33x | 308.95x | 577.84x | - | 729.07x | 68.73x | - | - | - | 301.51x | 204.76x | 111.78x | 95.01x |
| Book Value per Share | 7.67 | 7.76 | 7.74 | 7.92 | 8.91 | 8.98 | 9.24 | 9.24 | 9.30 | 10.34 | 9.58 | 9.82 | 9.97 | 9.56 | 9.94 | 10.51 | 10.28 | 9.66 | 9.70 | 9.14 |