Last 48 quarters of trend data · Real Estate · REIT - Mortgage
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Starwood Property Trust, Inc.'s quarterly P/E stands at 28.7x, up 91.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 77.0% YoY to 18.9x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.69 | 28.70 | 15.01 | 22.01 | 13.20 | 14.98 | 33.84 | 22.15 | 19.73 | 10.59 | 23.89 | 32.25 | 8.98 |
| — | +91.6% | -55.6% | -0.6% | -33.1% | +41.4% | +41.7% | -31.3% | +119.7% | -61.7% | +129.4% | +331.9% | +15.2% | |
| P/S Ratio | 3.29 | 2.83 | 3.00 | 3.33 | 3.55 | 3.99 | 3.57 | 3.34 | 3.03 | 2.73 | 3.18 | 2.82 | 2.89 |
| — | -29.1% | -15.9% | -0.2% | +17.2% | +45.9% | +12.2% | +18.3% | +4.9% | -1.8% | +4.7% | -20.9% | -42.8% | |
| P/B Ratio | 0.75 | 0.79 | 0.81 | 0.86 | 0.94 | 0.93 | 0.89 | 0.89 | 0.85 | 0.96 | 0.94 | 0.85 | 0.84 |
| — | -15.2% | -8.8% | -3.6% | +10.8% | -2.4% | -5.2% | +5.6% | +1.9% | +24.4% | +15.7% | +5.2% | -9.8% | |
| P/FCF | 8.74 | 15.51 | 5.36 | 4.63 | — | 7.15 | 5.54 | 6.93 | 33.26 | 33.38 | 256.06 | 4.28 | 8.33 |
| — | +116.9% | -3.2% | -33.2% | — | -78.6% | -97.8% | +62.0% | +299.1% | — | — | -54.5% | +166.6% | |
| EV / EBITDA | 18.34 | 18.86 | 15.67 | 10.26 | 13.02 | 10.65 | 10.48 | 10.26 | 8.77 | 7.06 | 9.35 | 8.96 | 11.90 |
| — | +77.0% | +49.5% | -0.0% | +48.4% | +50.8% | +12.1% | +14.4% | -26.3% | -37.9% | -48.5% | +4.9% | -24.5% | |
| EV / EBIT | 19.39 | 18.73 | 14.87 | 10.14 | 8.74 | 9.23 | 9.90 | 8.86 | 8.41 | 7.45 | 8.08 | 9.25 | 6.40 |
| — | +103.1% | +50.1% | +14.5% | +4.0% | +23.8% | +22.6% | -4.2% | +31.4% | -23.1% | -4.3% | +2.2% | -26.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Starwood Property Trust, Inc.'s operating margin was 67.5% in Q1 2026, down 13.0 pp QoQ and down 15.1 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 72.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 6.9% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.5% | 75.2% | 76.8% | 79.4% | 85.7% | 80.8% | 81.8% | 87.6% | 87.1% | 87.5% | 84.7% | 88.0% | 87.1% |
| — | -6.9% | -6.1% | -9.3% | -1.6% | -7.7% | -3.3% | -0.4% | +0.0% | +3.8% | +1.3% | +4.8% | +10.0% | |
| Operating Margin | 76.2% | 67.5% | 80.5% | 81.1% | 61.5% | 82.6% | 77.0% | 72.3% | 83.6% | 87.1% | 76.3% | 76.9% | 58.3% |
| — | -18.3% | +4.5% | +12.1% | -26.4% | -5.2% | +0.9% | -5.9% | +43.4% | +34.8% | +85.5% | -24.0% | -17.3% | |
| Net Margin | 21.9% | 10.1% | 19.1% | 14.8% | 27.3% | 26.8% | 11.5% | 15.6% | 15.9% | 25.1% | 13.7% | 8.9% | 32.4% |
| — | -62.3% | +66.2% | -5.0% | +71.5% | +7.0% | -15.9% | +74.9% | -51.0% | +136.9% | -53.0% | -81.5% | -50.2% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.6% | 0.7% | 1.3% | 1.0% | 1.8% | 1.6% | 0.7% | 1.1% | 1.1% | 2.2% | 1.0% | 0.7% | 2.4% |
| — | -55.3% | +80.4% | -7.7% | +63.0% | -28.7% | -29.0% | +60.7% | -52.9% | +202.3% | -48.4% | -75.7% | -22.1% | |
| ROA | 0.7% | 0.1% | 0.2% | 0.1% | 0.2% | 0.2% | 0.1% | 0.1% | 0.1% | 0.2% | 0.1% | 0.1% | 0.2% |
| — | -54.0% | +89.3% | -1.9% | +74.3% | -20.9% | -19.7% | +79.4% | -46.7% | +242.1% | -42.4% | -72.3% | -13.2% | |
| ROIC | 4.8% | 0.9% | 1.3% | 1.7% | 1.4% | 1.6% | 1.6% | 1.7% | 2.0% | 2.6% | 1.9% | 1.9% | 1.4% |
| — | -46.7% | -21.8% | +2.3% | -29.4% | -35.7% | -11.5% | -11.1% | +40.8% | +79.0% | +103.6% | -2.5% | +25.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Starwood Property Trust, Inc.'s Debt/EBITDA ratio is 60.9x, up from 50.0x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 7 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.95 | 3.15 | 2.95 | 1.47 | 1.30 | 1.25 | 1.25 | 1.20 | 1.30 | 1.28 | 1.26 | 1.31 | 1.30 |
| — | +151.1% | +135.6% | +22.5% | -0.2% | -2.0% | -0.8% | -8.4% | -0.1% | -8.0% | -6.4% | +4.7% | +3.3% | |
| Debt / EBITDA | 14.59 | 60.91 | 50.05 | 26.31 | 30.61 | 25.15 | 25.14 | 24.08 | 21.56 | 16.52 | 21.74 | 22.06 | 29.59 |
| — | +142.2% | +99.1% | +9.3% | +42.0% | +52.2% | +15.7% | +9.1% | -27.1% | -45.1% | -52.9% | +3.7% | -19.8% | |
| Current Ratio | 0.09 | 0.31 | 0.09 | — | — | — | — | — | — | — | 0.36 | 0.79 | 0.87 |
| — | — | — | — | — | — | — | — | — | — | — | +189.8% | -96.8% | |
| Quick Ratio | 0.09 | 0.31 | 0.09 | — | — | — | — | — | — | — | 0.36 | 0.79 | 0.87 |
| — | — | — | — | — | — | — | — | — | — | — | +189.8% | -96.9% | |
| Interest Coverage | 1.38 | 1.16 | 1.39 | 1.28 | 1.43 | 1.41 | 1.22 | 1.24 | 1.27 | 1.45 | 1.28 | 1.11 | 1.62 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying STWD stock.
Starwood Property Trust, Inc.'s current P/E is 13.7x. The average P/E over the last 4 quarters is 19.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Starwood Property Trust, Inc.'s current operating margin is 76.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Starwood Property Trust, Inc.'s business trajectory between earnings reports.