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Side-by-side financial comparison of REDWOOD TRUST INC (RWT) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.
SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $25.9M, roughly 1.5× REDWOOD TRUST INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs 54.9%, a 22.3% gap on every dollar of revenue. On growth, SANDRIDGE ENERGY INC posted the faster year-over-year revenue change (1.1% vs -6.1%). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% CAGR vs -41.0%).
Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.
SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.
RWT vs SD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $25.9M | $39.4M |
| Net Profit | $20.0M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | — | 38.5% |
| Net Margin | 77.2% | 54.9% |
| Revenue YoY | -6.1% | 1.1% |
| Net Profit YoY | 402.6% | 23.1% |
| EPS (diluted) | $0.11 | $0.59 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $25.9M | $39.4M | ||
| Q3 25 | $15.0M | $39.8M | ||
| Q2 25 | $13.8M | $34.5M | ||
| Q1 25 | $27.9M | $42.6M | ||
| Q4 24 | $27.6M | $39.0M | ||
| Q3 24 | $25.5M | $30.1M | ||
| Q2 24 | $67.4M | $26.0M | ||
| Q1 24 | $74.5M | $30.3M |
| Q4 25 | $20.0M | $21.6M | ||
| Q3 25 | $-7.7M | $16.0M | ||
| Q2 25 | $-98.5M | $19.6M | ||
| Q1 25 | $16.1M | $13.0M | ||
| Q4 24 | $-6.6M | $17.6M | ||
| Q3 24 | $14.8M | $25.5M | ||
| Q2 24 | $15.5M | $8.8M | ||
| Q1 24 | $30.3M | $11.1M |
| Q4 25 | — | 38.5% | ||
| Q3 25 | -9.0% | 37.8% | ||
| Q2 25 | -679.0% | 53.7% | ||
| Q1 25 | 80.2% | 28.6% | ||
| Q4 24 | -1.3% | 25.9% | ||
| Q3 24 | 86.1% | 28.3% | ||
| Q2 24 | 30.3% | 23.9% | ||
| Q1 24 | 41.3% | 27.8% |
| Q4 25 | 77.2% | 54.9% | ||
| Q3 25 | -51.4% | 40.1% | ||
| Q2 25 | -712.0% | 56.6% | ||
| Q1 25 | 57.8% | 30.6% | ||
| Q4 24 | -24.0% | 45.1% | ||
| Q3 24 | 58.1% | 84.8% | ||
| Q2 24 | 23.0% | 33.9% | ||
| Q1 24 | 40.6% | 36.7% |
| Q4 25 | $0.11 | $0.59 | ||
| Q3 25 | $-0.08 | $0.43 | ||
| Q2 25 | $-0.76 | $0.53 | ||
| Q1 25 | $0.10 | $0.35 | ||
| Q4 24 | $-0.08 | $0.46 | ||
| Q3 24 | $0.09 | $0.69 | ||
| Q2 24 | $0.10 | $0.24 | ||
| Q1 24 | $0.21 | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.7M | $111.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $982.6M | $510.9M |
| Total Assets | $23.7B | $644.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $255.7M | $111.0M | ||
| Q3 25 | $226.3M | $101.2M | ||
| Q2 25 | $302.0M | $102.8M | ||
| Q1 25 | $259.9M | $99.7M | ||
| Q4 24 | $245.2M | $98.1M | ||
| Q3 24 | $253.7M | $92.7M | ||
| Q2 24 | $275.6M | $209.9M | ||
| Q1 24 | $275.4M | $207.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $982.6M | $510.9M | ||
| Q3 25 | $999.0M | $492.4M | ||
| Q2 25 | $1.1B | $480.2M | ||
| Q1 25 | $1.2B | $464.9M | ||
| Q4 24 | $1.2B | $460.5M | ||
| Q3 24 | $1.2B | $446.8M | ||
| Q2 24 | $1.2B | $424.8M | ||
| Q1 24 | $1.2B | $419.7M |
| Q4 25 | $23.7B | $644.0M | ||
| Q3 25 | $22.6B | $619.0M | ||
| Q2 25 | $21.3B | $602.3M | ||
| Q1 25 | $19.9B | $588.3M | ||
| Q4 24 | $18.3B | $581.5M | ||
| Q3 24 | $18.4B | $565.2M | ||
| Q2 24 | $16.5B | $529.6M | ||
| Q1 24 | $15.1B | $527.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.39× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-10.1B | $31.7M |
| Free Cash FlowOCF − Capex | — | $14.4M |
| FCF MarginFCF / Revenue | — | 36.6% |
| Capex IntensityCapex / Revenue | — | 43.8% |
| Cash ConversionOCF / Net Profit | -504.15× | 1.46× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-10.1B | $31.7M | ||
| Q3 25 | $-2.7B | $25.3M | ||
| Q2 25 | $-2.1B | $22.9M | ||
| Q1 25 | $-2.0B | $20.3M | ||
| Q4 24 | $-5.9B | $26.0M | ||
| Q3 24 | $-2.1B | $20.8M | ||
| Q2 24 | $-2.0B | $11.4M | ||
| Q1 24 | $-954.2M | $15.7M |
| Q4 25 | — | $14.4M | ||
| Q3 25 | — | $5.9M | ||
| Q2 25 | — | $7.3M | ||
| Q1 25 | — | $13.9M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | — | $10.8M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | $14.6M |
| Q4 25 | — | 36.6% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 21.0% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 34.5% | ||
| Q1 24 | — | 48.1% |
| Q4 25 | — | 43.8% | ||
| Q3 25 | — | 48.6% | ||
| Q2 25 | — | 45.2% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 32.9% | ||
| Q3 24 | — | 33.3% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | -504.15× | 1.46× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | -120.92× | 1.56× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | -140.86× | 0.82× | ||
| Q2 24 | -126.56× | 1.30× | ||
| Q1 24 | -31.53× | 1.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RWT
Segment breakdown not available.
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |