Starwood Property Trust, Inc. (STWD) Earnings History
Annual and quarterly earnings data from 2009 to 2025
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STWD EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
STWD Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 80.5% | 76.2% | 21.9% |
| 2024 | 17.3% | 0.4% | 17.6% |
| 2023 | 37.9% | 0.1% | 16.5% |
| 2022 | 90.5% | 114.8% | 56.1% |
| 2021 | 50.9% | 22.3% | 37.7% |
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Starwood Property Trust, Inc. (STWD) Earnings Overview
As of May 8, 2026, Starwood Property Trust, Inc. (STWD) reported trailing twelve-month net income of $412M, reflecting +8.9% year-over-year growth. The company earned $1.22 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 (-$229M 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% | $8M | $1.12 | 17.6% | 0.4% |
| 2023 | $339M | -61.1% | $3M | $1.07 | 16.5% | 0.1% |
| 2022 | $871M | +94.6% | $1.78B | $3.09 | 56.1% | 114.8% |
| 2021 | $448M | +35.0% | $265M | $1.52 | 37.7% | 22.3% |
| 2020 | $332M | -34.9% | $0 | $1.16 | 29.2% | 0.0% |
| 2019 | $510M | +32.1% | $523M | $1.79 | 38.7% | 39.7% |
| 2018 | $386M | -3.7% | $809M | $1.40 | 34.7% | 72.7% |
| 2017 | $401M | +9.7% | $145M | $1.52 | 45.5% | 16.4% |
| 2016 | $365M | -19.0% | $368M | $1.50 | 46.4% | 46.8% |
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Start ComparisonSTWD — Frequently Asked Questions
Quick answers to the most common questions about buying STWD stock.
Is STWD growing earnings?
STWD EPS stands at $1.22, with +8.9% growth matching the 5-year CAGR of +1.0%. TTM net income is $412M. Earnings trajectory remains consistent.
What are STWD's profit margins?
Starwood Property Trust, Inc. net margin is +21.9%, with operating margin at +76.2%. Above-average margins indicate pricing power.
How consistent are STWD's earnings?
STWD earnings data spans 2009-2025. The current earnings trend is +8.9% YoY. Historical data enables comparison across business cycles.