Starwood Property Trust, Inc. (STWD)
NYSE: STWD · Real-Time Price · USD
15.91
-0.21 (-1.30%)
At close: Aug 26, 2026, 4:00 PM EDT
15.98
+0.07 (0.42%)
After-hours: Aug 26, 2026, 5:11 PM EDT

Starwood Property Trust Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
597.28547.93400.75370.07621.2717.26
Revenue Growth
35.67%36.73%8.29%-40.43%-13.39%6.58%
Operating Income
37.2167.97-30.2-44.07197.75185.91
Net Income
218.07402.36352.73332.8854.36440.93
Earnings Per Share
0.601.151.101.072.741.52
EPS Growth
-45.27%4.54%2.80%-61.00%79.97%31.92%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commercial and Residential Lending
1,3871,3481,5671,7041,168779.32
Infrastructure Lending
280.22276.79260.99239.99154.3687.54
Property
229.48137.0269.9894.1791.83235.04
Investing and Servicing
265.15244.31208.76174.8205.31210.19
Corporate
2.631.772.511.620.07-
Securitization VIE Eliminations
-156.69-163.33-161.96-164.89-154.84-142

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
392545.29553.35258.1369.68265.58
Total Debt
23,78622,24717,43819,62120,59817,035
Net Cash (Debt)
-23,394-21,702-16,884-19,363-20,229-16,769
Net Cash Growth
------
Net Cash Per Share
-64.05-62.01-52.67-62.36-64.07-56.50

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,091977.85646.59528.6213.74-989.98
Capital Expenditures
-609.47-269.04-27.94-25.09-25.23-26.27
Free Cash Flow
481.1708.81618.65503.51188.52-1,016
Free Cash Flow Growth
-27.15%14.57%22.87%167.09%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
6.23%12.40%-7.54%-11.91%31.83%25.92%
Pretax Margin
50.11%87.57%101.31%112.81%160.58%69.86%
Profit Margin
36.51%73.43%88.02%89.93%137.53%61.48%
FCF Margin
80.55%129.36%154.37%136.06%30.35%-141.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.9201.9201.9201.9201.9201.920
Dividend Per Share Growth
0%0%0%0%0%0%
Dividend Yield
12.07%11.28%11.84%11.77%14.91%12.33%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
26.9716.5818.1119.786.6416.92
Forward PE
9.6410.269.8210.778.6511.43
P/FCF Ratio
12.279.4110.3313.0830.10-
PS Ratio
9.8912.1715.9417.799.1410.40