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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›RWT›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

REDWOOD TRUST INC (RWT) financials

Income statement

REDWOOD TRUST INC (RWT) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income—$140M$120M$169M-$582M$320M-$164M-$2.27M$54.0M-$70.0M
EPS (diluted)—$1.60$1.34$1.46-$5.12$2.37-$1.43-$0.11$0.32-$0.63

Cash flow

REDWOOD TRUST INC (RWT) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$1.71B-$1.61B-$1.17B-$505M-$5.69B-$139M-$2.02B-$5.86B-$10.1B
Share buybacks—$8.42M$16.3M$0.00$21.7M$0.00$56.5M$0.00$0.00$51.8M
Dividends paid—$88.3M$96.8M$129M$84.0M$91.7M$112M$88.4M$92.9M$99.0M

Balance sheet

REDWOOD TRUST INC (RWT) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$213M$145M$176M$197M$461M$450M$259M$293M$245M$256M
Total assets$5.48B$7.04B$11.9B$18.0B$10.4B$14.7B$13.0B$14.5B$18.3B$23.7B
Total liabilities$4.33B$5.83B$10.6B$16.2B$9.24B$13.3B$11.9B$13.3B$17.1B$22.7B
Long-term debt$2.62B$2.58B$2.57B—$1.43B$1.64B$1.73B$1.68B——
Shareholders' equity$1.15B$1.21B$1.35B$1.83B$1.11B$1.39B$1.08B$1.20B$1.19B$983M
Retained earnings$1.15B$1.29B$1.41B$1.58B$997M$1.32B$1.15B$1.14B$1.19B$1.11B
Shares (wtd avg diluted)76.8M102M110M137M114M142M117M116M132M130M

Every figure is extracted from REDWOOD TRUST INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does RWT pay a dividend?
Yes — REDWOOD TRUST INC paid $99.0M in cash dividends during FY2025, per its SEC cash-flow statement.
Full RWT analysis — verdict, score & filings →Is RWT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.