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Side-by-side financial comparison of REDWOOD TRUST INC (RWT) and UNIVERSAL HEALTH REALTY INCOME TRUST (UHT). Click either name above to swap in a different company.

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $24.5M, roughly 1.1× UNIVERSAL HEALTH REALTY INCOME TRUST). REDWOOD TRUST INC runs the higher net margin — 77.2% vs 17.7%, a 59.6% gap on every dollar of revenue. On growth, UNIVERSAL HEALTH REALTY INCOME TRUST posted the faster year-over-year revenue change (-0.7% vs -6.1%). Over the past eight quarters, UNIVERSAL HEALTH REALTY INCOME TRUST's revenue compounded faster (-1.3% 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.

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

RWT vs UHT — Head-to-Head

Bigger by revenue
RWT
RWT
1.1× larger
RWT
$25.9M
$24.5M
UHT
Growing faster (revenue YoY)
UHT
UHT
+5.4% gap
UHT
-0.7%
-6.1%
RWT
Higher net margin
RWT
RWT
59.6% more per $
RWT
77.2%
17.7%
UHT
Faster 2-yr revenue CAGR
UHT
UHT
Annualised
UHT
-1.3%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RWT
RWT
UHT
UHT
Revenue
$25.9M
$24.5M
Net Profit
$20.0M
$4.3M
Gross Margin
Operating Margin
34.7%
Net Margin
77.2%
17.7%
Revenue YoY
-6.1%
-0.7%
Net Profit YoY
402.6%
-7.2%
EPS (diluted)
$0.11
$0.32

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.

Revenue
RWT
RWT
UHT
UHT
Q4 25
$25.9M
$24.5M
Q3 25
$15.0M
$25.3M
Q2 25
$13.8M
$24.9M
Q1 25
$27.9M
$24.5M
Q4 24
$27.6M
$24.6M
Q3 24
$25.5M
$24.5M
Q2 24
$67.4M
$24.7M
Q1 24
$74.5M
$25.1M
Net Profit
RWT
RWT
UHT
UHT
Q4 25
$20.0M
$4.3M
Q3 25
$-7.7M
$4.0M
Q2 25
$-98.5M
$4.5M
Q1 25
$16.1M
$4.8M
Q4 24
$-6.6M
$4.7M
Q3 24
$14.8M
$4.0M
Q2 24
$15.5M
$5.3M
Q1 24
$30.3M
$5.3M
Operating Margin
RWT
RWT
UHT
UHT
Q4 25
34.7%
Q3 25
-9.0%
33.2%
Q2 25
-679.0%
35.6%
Q1 25
80.2%
36.8%
Q4 24
-1.3%
37.6%
Q3 24
86.1%
34.7%
Q2 24
30.3%
38.7%
Q1 24
41.3%
37.6%
Net Margin
RWT
RWT
UHT
UHT
Q4 25
77.2%
17.7%
Q3 25
-51.4%
15.9%
Q2 25
-712.0%
18.1%
Q1 25
57.8%
19.5%
Q4 24
-24.0%
18.9%
Q3 24
58.1%
16.3%
Q2 24
23.0%
21.3%
Q1 24
40.6%
21.1%
EPS (diluted)
RWT
RWT
UHT
UHT
Q4 25
$0.11
$0.32
Q3 25
$-0.08
$0.29
Q2 25
$-0.76
$0.32
Q1 25
$0.10
$0.34
Q4 24
$-0.08
$0.34
Q3 24
$0.09
$0.29
Q2 24
$0.10
$0.38
Q1 24
$0.21
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RWT
RWT
UHT
UHT
Cash + ST InvestmentsLiquidity on hand
$255.7M
$6.7M
Total DebtLower is stronger
$374.8M
Stockholders' EquityBook value
$982.6M
$152.4M
Total Assets
$23.7B
$564.9M
Debt / EquityLower = less leverage
2.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RWT
RWT
UHT
UHT
Q4 25
$255.7M
$6.7M
Q3 25
$226.3M
$6.9M
Q2 25
$302.0M
$6.6M
Q1 25
$259.9M
$7.0M
Q4 24
$245.2M
$7.1M
Q3 24
$253.7M
$6.4M
Q2 24
$275.6M
$5.6M
Q1 24
$275.4M
$7.7M
Total Debt
RWT
RWT
UHT
UHT
Q4 25
$374.8M
Q3 25
Q2 25
Q1 25
Q4 24
$368.4M
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
RWT
RWT
UHT
UHT
Q4 25
$982.6M
$152.4M
Q3 25
$999.0M
$158.6M
Q2 25
$1.1B
$165.2M
Q1 25
$1.2B
$172.2M
Q4 24
$1.2B
$179.5M
Q3 24
$1.2B
$181.6M
Q2 24
$1.2B
$190.7M
Q1 24
$1.2B
$196.5M
Total Assets
RWT
RWT
UHT
UHT
Q4 25
$23.7B
$564.9M
Q3 25
$22.6B
$568.0M
Q2 25
$21.3B
$573.0M
Q1 25
$19.9B
$573.5M
Q4 24
$18.3B
$580.9M
Q3 24
$18.4B
$584.3M
Q2 24
$16.5B
$586.6M
Q1 24
$15.1B
$596.2M
Debt / Equity
RWT
RWT
UHT
UHT
Q4 25
2.46×
Q3 25
Q2 25
Q1 25
Q4 24
2.05×
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
RWT
RWT
UHT
UHT
Operating Cash FlowLast quarter
$-10.1B
$49.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-504.15×
11.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RWT
RWT
UHT
UHT
Q4 25
$-10.1B
$49.1M
Q3 25
$-2.7B
$10.2M
Q2 25
$-2.1B
$13.7M
Q1 25
$-2.0B
$11.6M
Q4 24
$-5.9B
$46.9M
Q3 24
$-2.1B
$9.9M
Q2 24
$-2.0B
$12.1M
Q1 24
$-954.2M
$11.7M
Cash Conversion
RWT
RWT
UHT
UHT
Q4 25
-504.15×
11.35×
Q3 25
2.54×
Q2 25
3.05×
Q1 25
-120.92×
2.43×
Q4 24
10.06×
Q3 24
-140.86×
2.48×
Q2 24
-126.56×
2.30×
Q1 24
-31.53×
2.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RWT
RWT

Segment breakdown not available.

UHT
UHT

Reportable Segment Aggregation Before Other Operating Segment$23.1M94%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$2.3M9%

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