Starwood Property Trust, Inc. (STWD) Earnings History
Profitable17 years of earnings data (2009–2025) · Positive TTM net income
Loading earnings history...
Starwood Property Trust, Inc. (STWD) Earnings Overview
As of June 23, 2026, Starwood Property Trust, Inc. (STWD) reported trailing twelve-month net income of $351M, reflecting +8.9% year-over-year growth. The company earned $1.04 per diluted share over the past four quarters, with a net profit margin of 21.9%.
Looking at the long-term picture, STWD's 5-year EPS compound annual growth rate (CAGR) stands at +1.0%, reflecting modest earnings expansion. The company achieved its highest annual net income of $871M in fiscal 2022.
Starwood Property Trust, Inc. maintains industry-leading profitability with a gross margin of 80.5%, operating margin of 76.2%, and net margin of 21.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BXMT ($104M net income, 7.2% margin), RC (-$510M net income, -45.8% margin), ARI ($127M net income, 17.8% margin), STWD has outperformed on profitability metrics. Compare STWD vs BXMT →
STWD Earnings vs Peers
Earnings metrics vs comparable public companies
STWD Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $412M | +14.3% | $1.43B | $1.22 | 21.9% | 76.2% |
| 2024 | $360M | +6.1% | $1.64B | $1.12 | 17.6% | 80.5% |
| 2023 | $339M | -61.1% | $1.41B | $1.07 | 16.5% | 68.9% |
| 2022 | $871M | +94.6% | $1.06B | $3.09 | 56.1% | 68.4% |
| 2021 | $448M | +35.0% | $798M | $1.52 | 37.7% | 67.1% |
| 2020 | $332M | -34.9% | $644M | $1.16 | 29.2% | 56.6% |
| 2019 | $510M | +32.1% | $867M | $1.79 | 38.7% | 65.8% |
| 2018 | $386M | -3.7% | $619M | $1.40 | 34.7% | 55.6% |
| 2017 | $401M | +9.7% | $407M | $1.52 | 45.5% | 46.3% |
| 2016 | $365M | -19.0% | $615M | $1.50 | 46.4% | 78.2% |
| 2015 | $451M | -9.0% | $686M | $1.91 | 59.5% | 90.5% |
| 2014 | $495M | +62.3% | $481M | $2.24 | 69.3% | 67.3% |
| 2013 | $305M | +51.6% | $325M | $1.82 | 51.3% | 54.7% |
| 2012 | $201M | +68.5% | $190M | $1.76 | 60.5% | 57.2% |
| 2011 | $119M | +109.3% | $134M | $1.38 | 52.8% | 59.4% |
| 2010 | $57M | +1990.8% | $52M | $1.14 | 54.3% | 49.3% |
| 2009 | -$3M | - | -$4M | $-0.06 | -43.6% | -61.5% |
Download Data
Export STWD earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
STWD — Frequently Asked Questions
Quick answers to the most common questions about buying STWD stock.
What is STWD earnings per share (EPS)?
STWD trailing twelve-month (TTM) diluted EPS is $1.04, reflecting +8.9% year-over-year growth. The 5-year EPS CAGR is +1.0%. Complete EPS history from 2009 to 2025 is available in the table on this page.
What is Starwood Property Trust, Inc.'s net income?
Starwood Property Trust, Inc. (STWD) trailing twelve-month net income is $351M as of 2025. Earnings grew +8.9% year-over-year. Starwood Property Trust, Inc. has been profitable for 16 consecutive years.
Is STWD profitable?
Yes, STWD is profitable with a TTM net income of $351M and a net profit margin of +21.9%. Starwood Property Trust, Inc. has generated profits for 16 consecutive years.
What is STWD's earnings growth rate?
STWD compound annual EPS growth rates (CAGR): 1-Year: +8.9%, 3-Year: -26.6%, 5-Year: +1.0%, 10-Year: -4.4%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.
What are STWD's profit margins?
Starwood Property Trust, Inc. net profit margin is +21.9%, operating margin is +76.2%, and gross margin is +80.5%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +5.6%.
Is STWD growing earnings?
STWD is growing earnings steadily. YoY EPS growth of +8.9% is consistent with the 5-year CAGR of +1.0%. TTM net income is $351M.
What was STWD's best earnings year?
Starwood Property Trust, Inc.'s highest annual net income on record is $871M, achieved in fiscal year 2022. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.
What were STWD's earnings last quarter?
STWD's most recent reported quarter was Q1 2026. Net income was $52M with diluted EPS of $0.15. For a full breakdown of all quarters, see the quarterly earnings table on this page.