Starwood Property Trust, Inc.

Starwood Property Trust, Inc.

STWDยทNYSE

$16.93

-0.32%
Real EstateREIT - Mortgage

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States, Europe, and Australia. It operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, including distressed or non-performing loans. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Greenwich, Connecticut.

At a Glance

Live Snapshot
Market Cap$6.28B
EPS1.2200
P/E Ratio13.88
Earnings Date08/06/2026
3Y+357.0%
5Y-6.0%
10Y+76.0%
3Y+28.0%
5Y+314.0%
10Y+365.0%
3Y+4.0%
5Y+21880.0%
10Y+478.0%
STWD

Starwood Property Trust, Inc. Cash Conversion Engine

STWD ยท NYSE
Net Income443.09M
Depreciation & Amortization84.83M
Stock-Based Compensation54.09M
Change in Working Capital-138.15M
Others533.98M
Capital Expenditures-269.04M
Free Cash Flow708.81M

Cash Flow Quality Analysis

FCF Conversion Rate

160.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

27.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+14.6%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$138.15M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Starwood Property Trust, Inc. Cash Flow Statement

STWD โ€ข NYSE

Starwood Property Trust, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
OPERATING ACTIVITIES
443.1M
380.6M
418.2M
1.1B
492.4M
366.1M
536.9M
411.2M
412.8M
367.7M
452.2M
500.5M
310.3M
203.7M
120.6M
58.8M
-2.6M
84.8M
46.3M
54.3M
53.9M
84.6M
94.2M
113.4M
130.8M
90.9M
61.6M
27.2M
16.6M
14.9M
213K
3.8M
646K
0.0
0.0
0.0
0.0
0.0
-102.3M
39M
-57.5M
-66.9M
43.4M
-57.5M
-55.4M
-58.3M
-98.4M
0.0
-58.9M
-23.9M
0.0
54.1M
41.8M
39.2M
40.2M
39.3M
31.2M
48.1M
43.6M
37.8M
50.5M
49.5M
39.7M
19.1M
16.2M
13.7M
7.5M
2.4M
534M
225.5M
252.9M
-918.2M
-1.4B
692.2M
-501.6M
94M
-729.5M
208M
260.6M
-209M
42.7M
40.1M
5.5M
55K
-645K
(0.0)
(4M)
(1.7M)
(7.9M)
(7.8M)
(11.4M)
(11.3M)
(10.9M)
(20.8M)
(9.7M)
(29.2M)
(34.6M)
(43.1M)
(1M)
(1.1M)
(633K)
(0.0)
-138.2M
-47.5M
-236M
-21.2M
-87.3M
-177.1M
-152.5M
-27.2M
-102.1M
-73.6M
-121.6M
-68.9M
37.7M
5.6M
-5.3M
-142.8M
6.4M
977.9M
646.6M
528.6M
213.7M
-990M
1B
-13.2M
585.5M
-246.8M
556.6M
612.5M
220.7M
326.3M
265.6M
79.4M
-99.7M
5.6M
INVESTING ACTIVITIES
-269M
-27.9M
-25.1M
-25.2M
-26.3M
-25.2M
-30.9M
-54.8M
-573.9M
(232.5M)
-104.2M
-37.9M
-2.2B
(0.0)
(0.0)
(0.0)
(0.0)
-807.9M
(4.4M)
(824K)
(617K)
(26.3M)
(25.2M)
(30.9M)
-2.2B
-17.6M
-850M
-555.1M
(0.0)
-586.4M
(0.0)
(0.0)
(0.0)
(0.0)
-136.4M
-115.1M
-56.6M
-106.1M
-261.7M
-100.3M
-159.1M
-525.1M
-171.1M
-399.3M
-241.5M
-392.4M
-527.8M
-642.1M
-365.6M
-219.5M
-246M
382.5M
329.9M
136.4M
318.8M
145.7M
118.5M
251.7M
419.9M
276M
213.4M
471.9M
162M
546.1M
362.1M
591.5M
99.1M
58K
-2.9B
1.9B
799.5M
-3.1B
-4.2B
-929.9M
-868.5M
-202.3M
-549.9M
-9.5M
28.1M
-1.5B
-19.4M
-908.6M
-1.2B
-1B
-214.3M
-3.8B
(2.1B)
(855.1M)
-3B
-4.3B
-911.8M
-775.9M
-2.5B
-1B
-812.8M
-400.8M
-1.7B
-2.8B
-1.2B
-1B
-1.2B
-460.3M
FINANCING ACTIVITIES
567.8M
395.5M
3M
51.5M
394.1M
-32.7M
767K
-11.5M
702K
429.5M
277.7M
588M
1.5B
875.7M
466.1M
453.8M
0.0
3B
-2.2B
-962.4M
3.3B
4.8B
627.9M
1.3B
2.7B
1.6B
510.6M
65.9M
1.3B
1.5B
229.4M
519M
54.1M
171.4M
-668.9M
-620M
-601.2M
-591.5M
-553.9M
-546.9M
-538.4M
-510M
-501.7M
-458.4M
-446.8M
-401.7M
-301M
-186.1M
-142.9M
-44.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-33.8M
(0.0)
-12.1M
(0.0)
-19.7M
-48.7M
-13M
(0.0)
(0.0)
-10.6M
(0.0)
(0.0)
30.6M
-47.8M
106M
-3.9M
223.3M
-33.9M
106.7M
-217.3M
-26.8M
23.7M
10M
-24.4M
-44.8M
67.7M
-32.4M
383.5M
-23.1M
2.9B
-2.5B
-1.5B
2.8B
4.9B
13.3M
876.7M
2B
1B
505.5M
-93.6M
1.4B
2.6B
986.7M
809.8M
847.1M
1.1B
CASH FLOW SUMMARY
-306K
-2.6M
731K
-1.1M
-1.7M
1.1M
-1.5M
207K
3.2M
-2.6M
-4.5M
-5.8M
1.1M
0.0
0.0
0.0
0.0
120.7M
242M
-70.2M
60.2M
-400.2M
148.1M
86.2M
69.6M
-232.5M
246.7M
113.6M
-62.4M
140M
63.6M
-112.8M
-418.3M
645.1M
554M
312M
382.1M
321.9M
722.2M
574M
487.9M
418.3M
650.8M
368.8M
255.2M
317.6M
177.7M
114M
226.9M
645.1M
1K
674.6M
554M
312M
382.1M
321.9M
722.2M
574M
487.9M
418.3M
615.5M
368.8M
255.2M
317.6M
177.7M
114M
226.9M
645.1M
708.8M
618.6M
503.5M
188.5M
-1B
1B
-44.1M
530.7M
-820.8M
789.2M
508.3M
182.8M
-1.9B
265.6M
79.4M
-99.7M
5.6M

SEC Filings

STWD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 26, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
8-K

8-K 2026

N/A

April 24, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 13, 2026
April 23, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 10, 2025
September 30, 2025
2025
Showing 1 to 10 of 312 filings