Starwood Property Trust, Inc. (STWD) quarterly cash flow statement — complete operating, investing & financing history
Starwood Property Trust, Inc. (STWD) cash flow statement — 17-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 231.22M | 64.78M | 93.56M | 488.75M | 337.59M | -87.35M | 238.87M | 295.58M | 241.8M | 53.26M | 55.95M | 11.85M | 356.39M | 188.91M | -28.56M | -630.99M | 159.49M | 530.87M | 154.37M | -528.22M |
| Operating CF Growth % | -31.51% | 174.16% | -60.83% | 65.35% | 39.62% | -264.02% | 326.93% | 2393.5% | -32.15% | -71.81% | 295.91% | 101.88% | 123.45% | -64.41% | -118.5% | -19.46% | 121.27% | 2982.68% | -42.99% | -201.7% |
| Operating CF / Revenue % | 42.36% | 12.61% | 18.23% | 96.54% | 68.91% | -18.35% | 57.12% | 65.93% | 49.56% | 10.87% | 9.1% | 2.29% | 66.97% | 36.31% | -5.82% | -131.42% | 39.48% | 162.98% | 50.47% | -174.73% |
| Net Income | -381.17M | 15.01M | 57.42M | 112.37M | 79.93M | 134.7M | 116.1M | 70.82M | 72.17M | 77.72M | 159.86M | 84.64M | 51.38M | 222.38M | 59.76M | 169.2M | 223.84M | 281.7M | 384.31M | 103.03M |
| Depreciation & Amortization | 38.29M | 36.96M | 35.45M | 32.8M | 26.04M | 11.57M | 12.76M | 12.45M | 11.42M | 11.34M | 11.05M | 13.43M | 13.57M | 13.66M | 13.63M | 14.03M | 13.79M | 13.36M | 12.76M | 16.94M |
| Stock-Based Compensation | 11.08M | 13.31M | 13.99M | 12.62M | 14.69M | 13.43M | 13.35M | 10.28M | 10.79M | 10.67M | 10.05M | 8.19M | 10.62M | 9.5M | 10.94M | 10.48M | 9.7M | 9.91M | 10.09M | 9.93M |
| Other Non-Cash Items | 585.28M | 40.5M | 19.35M | 378.66M | 59.36M | -68.35M | 75.53M | 190.34M | 185.39M | -90.12M | -60.1M | 129.04M | 147.35M | -73.33M | 49.81M | -694.4M | -235.06M | 208.99M | -197.77M | -695.89M |
| Working Capital Changes | -22.26M | -40.99M | -32.66M | -47.7M | 157.57M | -178.7M | 21.13M | 11.69M | -37.97M | 43.65M | -64.91M | -223.44M | 133.46M | 16.71M | -162.7M | -130.3M | 147.22M | 16.91M | -55.02M | 46.56M |
| Cash from Investing | -516.68M | -275.01M | -989.67M | -698.35M | -1.22B | -952.38M | -906.45M | 337.54M | 310.24M | 270.51M | 1.17B | -88.08M | 391.08M | 539.07M | 13.02M | -93.91M | -379.9M | -1.92B | -554.76M | -2.26B |
| Acquisitions (Net) | 0 | -7.71M | 7.71M | 0 | 0 | 0 | 0 | 3.35M | 0 | 0 | 0 | 701K | 0 | 0 | 0 | 7.93M | 6.02M | 617K | 6.6M | 98.21M |
| Purchase of Investments | -2.16B | -3.16B | -41.65M | -63.03M | -6.06B | -10.9M | -26.76M | -37.93M | -52.94M | -14.21M | -10M | -18.87M | -26.87M | -6.92M | -3.93M | -4.57M | 1.34M | -75.69M | -27.14M | -246.97M |
| Sale of Investments | 1.6B | 2.15B | 27.8M | 7.86M | -158.94M | 85.01M | 81.49M | 214.6M | 8.74M | 69.13M | 37.39M | 27.3M | 44.71M | 18.04M | 46.38M | 130.79M | 20.5M | 77.16M | 90.38M | 23.06M |
| Other Investing | 101.85M | 951.83M | -834.19M | -437.51M | 4.99B | -1.02B | -955.44M | 164.53M | 361.2M | 224.2M | 1.14B | -91.79M | 378.59M | 536.42M | -23.6M | -220.13M | -401.75M | -1.92B | -618M | -2.13B |
| Cash from Financing | 355.47M | 183.63M | 887.43M | 345.69M | 946.52M | 821.85M | 805.51M | -588.16M | -478.39M | -339.51M | -1.08B | -43.42M | -770.62M | -804.78M | 164.25M | 645.21M | 345.45M | 1.35B | 452.51M | 2.73B |
| Dividends Paid | -178.34M | -178.75M | -178.24M | -178.21M | -326.03M | -163.71M | -162.32M | -162.79M | -152.32M | -152.58M | -152.31M | -150.69M | -150.51M | -150.24M | -149.76M | -148.66M | -148.52M | -147.57M | -146.71M | -138.95M |
| Common Dividends | -178.34M | -178.75M | -178.24M | -178.21M | -326.03M | -163.71M | -162.32M | -162.79M | -152.32M | -152.58M | -152.31M | -150.69M | -150.51M | -150.24M | -149.76M | -148.66M | -148.52M | -147.57M | -146.71M | -138.95M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | -107.77M | -29.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -10.72M | -370.13M | 195.59M | -2.95M | 612.01M | -9.34M | 47.7M | -19.9M | -7.33M | -19.06M | -1.54M | 94.9M | -5.14M | 13.23M | 3.02M | -4.04M | -6.82M | 11.95M | -6.1M | 215.37M |
| Net Change in Cash | 72.39M | -25.71M | -8.59M | 135.54M | 64.24M | -217.49M | 138.36M | 43.86M | 74.43M | -17M | 140.73M | -119.3M | -22.94M | -77.22M | 149.3M | -79.15M | 124.47M | -36.97M | 51.86M | -61.87M |
| Exchange Rate Effect | 2.38M | 895K | 87K | -544K | -832K | 398K | 434K | -1.1M | 790K | -1.26M | -1.04M | 348K | 214K | -425K | 594K | 542K | -562K | -813K | -262K | 61K |
| Cash at Beginning | 640.36M | 666.06M | 674.65M | 539.11M | 474.87M | 692.35M | 554M | 510.14M | 435.7M | 452.7M | 311.97M | 431.27M | 454.21M | 531.44M | 382.13M | 461.28M | 336.81M | 373.77M | 321.91M | 383.79M |
| Cash at End | 712.75M | 640.36M | 666.06M | 674.65M | 539.11M | 474.87M | 692.35M | 554M | 510.14M | 435.7M | 452.7M | 311.97M | 431.27M | 454.21M | 531.44M | 382.13M | 461.28M | 336.81M | 373.77M | 321.91M |
| Free Cash Flow | 175.11M | -141.06M | -55.78M | 283.08M | 352.35M | -96.37M | 233.13M | 288.58M | 235.04M | 44.65M | 50.37M | 6.43M | 351.04M | 180.44M | -34.4M | -638.92M | 153.47M | 526.2M | 147.77M | -537.24M |
| FCF Growth % | -50.3% | -46.37% | -123.93% | -1.91% | 49.91% | -315.84% | 362.8% | 4387.36% | -33.04% | -75.25% | 246.45% | 101.01% | 128.73% | -65.71% | -123.28% | -18.93% | 120.33% | 5941.3% | -44.71% | -204.9% |
| FCF / Revenue % | 32.08% | -27.46% | -10.87% | 55.92% | 71.92% | -20.25% | 55.75% | 64.37% | 48.18% | 9.12% | 8.19% | 1.24% | 65.96% | 34.68% | -7.01% | -133.07% | 37.99% | 161.55% | 48.31% | -177.71% |