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+21.0%
5Y+65.0%
10Y+183.0%
3Y-53.0%
5Y+24.0%
10Y+13.0%
3Y+357.0%
5Y-6.0%
10Y+76.0%
Starwood Property Trust, Inc.

Starwood Property Trust, Inc. Profit Bridge

STWD ยท NYSE
Revenue1.88B
Cost of Goods Sold (366.53M)
Gross Profit1.51B
Operating Expenses (80.87M)
Operating Income1.43B
Interest Expense (1.28B)
Other Income/Expense-952.96M
Pretax Income479.81M
Income Tax (36.72M)
Net Income411.54M
Net Income
411.54M

Profitability Analysis

Gross Margin

80.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

76.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

21.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

7.7%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Starwood Property Trust, Inc. Income Statement

STWD โ€ข NYSE

Starwood Property Trust, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
REVENUE
1.9B
2B
2.1B
1.6B
1.2B
1.1B
959.4M
836.4M
628.9M
664.7M
607.8M
842.1M
627.2M
284.5M
172.3M
89.3M
5M
GROSS PROFIT
(366.5M)
(281.6M)
(290.4M)
(302.9M)
(448.9M)
(0.0)
(123M)
(127.1M)
(94.3M)
(65.1M)
(11.5M)
(9.6M)
(21.4M)
(3.5M)
(0.0)
(0.0)
(0.0)
1.5B
1.8B
1.8B
1.3B
739.3M
822.4M
836.4M
709.3M
534.7M
599.6M
596.2M
832.5M
605.8M
281M
172.3M
89.3M
5M
OPERATING INCOME
(80.9M)
(115.7M)
(347.3M)
(188M)
-58.2M
(822.4M)
(506.7M)
(978M)
(735M)
(651M)
(536M)
(484M)
(373M)
(122M)
(80M)
(46M)
(11M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(157.9M)
(274.2M)
(265.6M)
(252.3M)
(270.4M)
(279.4M)
(287.4M)
(239.7M)
(69M)
(48.3M)
(30.1M)
(9.3M)
1.4B
1.6B
1.4B
1.1B
797.5M
0.0
522.9M
809.3M
144.6M
367.7M
452.2M
502.1M
142.8M
249.3M
148.9M
73.3M
-1.1M
PRE-TAX INCOME
(1.3B)
(1.3B)
(1.4B)
(797.1M)
(445.1M)
(419.8M)
(508.7M)
(408.2M)
(295.7M)
(230.8M)
(202.6M)
(161.1M)
(118.3M)
(47.1M)
(28.8M)
(15.8M)
(1.9M)
-1.2B
416.2M
444.5M
486.5M
400.4M
386.6M
291.9M
269.2M
271M
307.2M
369M
385.6M
307.1M
259.9M
177.3M
77.7M
5M
(80.9M)
(115.7M)
(347.3M)
(188M)
-58.2M
(664.6M)
(232.5M)
(154.9M)
(230.4M)
(118M)
(174.6M)
-13M
(2.8M)
(53M)
(31.7M)
(15.9M)
(1.7M)
-953M
-1.2B
-996.8M
-64.7M
-296.4M
386.3M
383.6M
294.9M
299.7M
-238.7M
-216.6M
24.1M
9M
18M
-12.9M
7.5M
0.0
479.8M
406M
417.5M
997.5M
501.1M
386.3M
550.2M
426.5M
444.3M
376M
469.4M
526.2M
334.4M
204.7M
121.4M
59.3M
0.0
NET INCOME
(36.7M)
(25.4M)
-682K
-61.5M
(8.7M)
(20.2M)
(13.2M)
(15.3M)
(31.5M)
(8.3M)
(17.2M)
(24.1M)
(24.1M)
-1M
(790K)
(426K)
(3M)
411.5M
359.9M
339.2M
871.5M
447.7M
331.7M
509.7M
385.8M
400.8M
365.2M
450.7M
495M
305M
201.2M
119.4M
57M
-3M

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