Non-Current Liabilities
Secured Debt
Redwood Trust Secured Debt increased by 16.7% to $20.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.2%, from $14.46B to $20.42B. Over 5 years (FY 2020 to FY 2025), Secured Debt shows an upward trend with a 19.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.
Detailed definition
This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...
Peer comparison
Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.
Metric ID:
secured_debtHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.54B | $8.18B | $9.25B | $8.87B | $8.58B | $8.14B | $7.99B | $8.45B | $8.18B | $8.39B | $9.81B | $10.63B | $11.56B | $13.02B | $13.27B | $14.46B | $15.99B | $16.83B | $17.49B | $20.42B |
| QoQ Change | — | +8.6% | +13.1% | -4.1% | -3.2% | -5.2% | -1.9% | +5.8% | -3.1% | +2.6% | +16.9% | +8.3% | +8.7% | +12.7% | +1.9% | +9.0% | +10.6% | +5.3% | +4.0% | +16.7% |
| YoY Change | — | — | — | — | +13.9% | -0.5% | -13.7% | -4.8% | -4.7% | +3.1% | +22.9% | +25.8% | +41.2% | +55.1% | +35.2% | +36.0% | +38.3% | +29.2% | +31.8% | +41.2% |
Range$7.54B – $20.42B
CAGR+23.3%
Avg YoY Growth+21.9%
Median YoY Growth+27.5%
Current Streak11 quarters growth
Secured Debt at Other Companies
Frequently Asked Questions
- What is Redwood Trust's secured debt?
- Redwood Trust (RWT) reported secured debt of $20.42B in Q1 2026.
- How has Redwood Trust's secured debt changed year-over-year?
- Redwood Trust's secured debt increased by 41.2% year-over-year, from $14.46B to $20.42B.
- What is the long-term trend for Redwood Trust's secured debt?
- Over 5 years (2020 to 2025), Redwood Trust's secured debt has grown at a 19.8% compound annual growth rate (CAGR), from $7.10B to $17.49B.
- What does secured debt mean?
- Debt that is backed by specific assets the company owns.