Starwood Property Trust, Inc. (STWD)
NYSE: STWD · Real-Time Price · USD
15.93
-0.28 (-1.73%)
Aug 6, 2026, 4:00 PM EDT - Market closed
Starwood Property Trust Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 264.72 | 443.09 | 380.58 | 418.16 | 1,059 | 492.43 |
Depreciation & Amortization | 196.22 | 143.41 | 106.03 | 114.13 | 110.39 | 134.87 |
Provision for Credit Losses | 68.49 | 19.37 | 197.4 | 243.73 | 46.66 | 8.34 |
Stock-Based Compensation | 59.25 | 65.58 | 62.85 | 54.57 | 83.33 | 56.33 |
Net Change in Loans Held-for-Sale | 361.92 | 361.81 | 202.89 | 199.73 | -284.45 | -1,341 |
Other Adjustments | 167.44 | 82.75 | -255.62 | -265.74 | -780.04 | -253.61 |
Changes in Accrued Interest and Accounts Receivable | -168.81 | -103.84 | -70.42 | -155.83 | -201.5 | -136.77 |
Changes in Accounts Payable | 88.92 | -50.16 | 104.99 | -17.99 | 171.37 | 40.7 |
Changes in Other Operating Activities | 25.65 | 15.85 | -82.11 | -62.15 | 8.93 | 8.76 |
Operating Cash Flow | 1,091 | 977.85 | 646.59 | 528.6 | 213.74 | -989.98 |
Operating Cash Flow Growth | 58.31% | 51.23% | 22.32% | 147.31% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Change in Loans Held-for-Investment | -2,010 | -3,047 | 1,670 | 714.95 | -3,346 | -4,268 |
Net Change in Securities and Investments | 75.14 | 231.99 | 189.14 | 81.81 | 29.44 | -110.91 |
Cash Acquisitions | - | -878.49 | - | - | - | - |
Capital Expenditures | -609.47 | -269.04 | -27.94 | -25.09 | -25.23 | -26.27 |
Sale of Property, Plant & Equipment | 129.02 | 100.94 | 216.83 | 73.57 | 203.7 | 98.21 |
Other Investing Activities | 6.03 | 84.86 | 35.67 | 9.83 | 187.33 | 25.35 |
Investing Cash Flow | -3,288 | -3,776 | 2,084 | 855.07 | -2,950 | -4,282 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 13,508 | 14,667 | 7,217 | 6,560 | 13,521 | 17,506 |
Long-Term Debt Repaid | -10,875 | -11,596 | -9,431 | -7,522 | -10,178 | -12,697 |
Net Long-Term Debt Issued (Repaid) | 2,633 | 3,072 | -2,214 | -962.38 | 3,343 | 4,810 |
Issuance of Common Stock | 536.96 | 567.81 | 395.49 | 3 | 50.44 | 394.09 |
Repurchase of Common Stock | -29.94 | - | - | - | - | - |
Net Common Stock Issued (Repurchased) | 507.02 | 567.81 | 395.49 | 3 | 50.44 | 394.09 |
Common Dividends Paid | -699.82 | -668.86 | -620 | -601.19 | -591.46 | -553.93 |
Other Financing Activities | -76.79 | -51.16 | -47.82 | 106.01 | -3.94 | 223.29 |
Financing Cash Flow | 2,363 | 2,920 | -2,486 | -1,455 | 2,798 | 4,873 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.16 | -0.31 | -2.62 | 0.73 | -1.1 | -1.72 |
Net Cash Flow | 165.65 | 120.96 | 244.64 | -70.89 | 61.31 | -398.53 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 481.1 | 708.81 | 618.65 | 503.51 | 188.52 | -1,016 |
Free Cash Flow Growth | -27.15% | 14.57% | 22.87% | 167.09% | - | - |
FCF Margin | 55.25% | 75.84% | 72.79% | 60.05% | 13.19% | -96.64% |
Free Cash Flow Per Share | 1.32 | 2.03 | 1.93 | 1.62 | 0.60 | -3.42 |