Starwood Property Trust, Inc. (STWD) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Starwood Property Trust, Inc. (STWD) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

STWD Income Statement

Starwood Property Trust, Inc. (STWD) annual income statement — 17-year revenue, gross profit & net income history

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

Revenue	545.85M	513.67M	513.13M	506.25M	489.9M	475.94M	418.18M	448.31M	487.86M	489.83M	615.05M	518.01M	532.16M	520.35M	490.6M	480.15M	403.99M	325.72M	305.86M	302.31M
Revenue Growth %	11.42%	7.93%	22.71%	12.92%	0.42%	-2.83%	-32.01%	-13.46%	-8.33%	-5.87%	25.37%	7.89%	31.73%	59.75%	60.4%	58.83%	33.67%	8.72%	6.49%	3.9%
Property Operating Expenses	0	126.21M	127.17M	117.39M	100.76M	67.98M	80.4M	81.41M	60.42M	63.12M	76.67M	79.39M	63.98M	67.22M	76.89M	78.89M	64.78M	67.96M	87.93M	128.75M
Net Operating Income (NOI)	545.85M	387.45M	385.97M	388.86M	389.15M	407.96M	337.78M	366.89M	427.43M	426.71M	538.38M	438.62M	468.19M	453.13M	413.72M	401.26M	339.21M	257.76M	217.93M	173.56M
NOI Margin %	100%	75.43%	75.22%	76.81%	79.43%	85.72%	80.77%	81.84%	87.61%	87.11%	87.53%	84.67%	87.98%	87.08%	84.33%	83.57%	83.96%	79.14%	71.25%	57.41%
Operating Expenses	49.9M	52.99M	39.81M	-18.43M	-8.15M	115.09M	-7.63M	21.61M	74.48M	17M	2.62M	43.38M	58.97M	149.72M	96.7M	203.8M	-69.59M	28.23M	27.22M	53.12M
G&A Expenses	49.9M	56.69M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EBITDA	9.11M	371.42M	381.61M	440.09M	423.35M	304.45M	358.17M	357.74M	364.37M	421.04M	545.59M	407.86M	421.48M	315.74M	329.44M	210.25M	421.41M	241.78M	202.35M	136.45M
EBITDA Margin %	1.67%	72.31%	74.37%	86.93%	86.41%	63.97%	85.65%	79.8%	74.69%	85.96%	88.71%	78.74%	79.2%	60.68%	67.15%	43.79%	104.31%	74.23%	66.16%	45.13%
Depreciation & Amortization	36.6M	36.96M	35.45M	32.8M	26.04M	11.57M	12.76M	12.45M	11.42M	11.34M	9.82M	12.63M	12.27M	12.32M	12.42M	12.79M	12.61M	12.24M	11.65M	16.01M
D&A / Revenue %	6.71%	7.2%	6.91%	6.48%	5.32%	2.43%	3.05%	2.78%	2.34%	2.31%	1.6%	2.44%	2.31%	2.37%	2.53%	2.66%	3.12%	3.76%	3.81%	5.3%
Operating Income	0	334.46M	346.16M	407.29M	397.3M	292.88M	345.41M	345.28M	352.95M	409.71M	535.77M	395.24M	409.21M	303.41M	317.02M	197.46M	408.8M	229.54M	190.7M	120.44M
Operating Margin %	0%	65.11%	67.46%	80.45%	81.1%	61.54%	82.6%	77.02%	72.35%	83.64%	87.11%	76.3%	76.9%	58.31%	64.62%	41.12%	101.19%	70.47%	62.35%	39.84%
Interest Expense	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Interest Coverage	-	1.06x	1.16x	1.39x	1.28x	1.43x	1.41x	1.22x	1.24x	1.27x	1.45x	1.28x	1.11x	1.62x	1.15x	1.53x	1.79x	2.86x	4.02x	1.90x
Non-Operating Income	0	-31.34M	-36.23M	-57.86M	-30.82M	-158.62M	-66.62M	-33.93M	-67.53M	-28.28M	18.75M	-76.83M	877K	-283.5M	-69.25M	-254.85M	11.29M	-206.99M	-317.61M	-101.41M
Pretax Income	-384.23M	21.23M	53.48M	131.31M	93.27M	135.37M	119.87M	68.72M	82.62M	93.6M	161.07M	102.95M	39.98M	223.58M	50.97M	156.68M	175.08M	283.91M	381.86M	105.32M
Pretax Margin %	-70.39%	4.13%	10.42%	25.94%	19.04%	28.44%	28.66%	15.33%	16.94%	19.11%	26.19%	19.87%	7.51%	42.97%	10.39%	32.63%	43.34%	87.16%	124.85%	34.84%
Income Tax	3.07M	6.22M	-3.94M	18.94M	13.34M	671K	3.77M	-2.1M	10.45M	15.88M	1.21M	18.32M	-11.4M	1.2M	-8.79M	-12.52M	-48.76M	2.21M	-2.45M	2.29M
Effective Tax Rate %	-0.8%	29.32%	-7.38%	14.42%	14.31%	0.5%	3.14%	-3.06%	12.65%	16.96%	0.75%	17.79%	-28.51%	0.54%	-17.26%	-7.99%	-27.85%	0.78%	-0.64%	2.18%
Net Income	-389.71M	6.56M	51.88M	96.92M	72.56M	129.81M	112.25M	51.64M	76.07M	77.89M	154.33M	70.96M	47.44M	168.84M	51.97M	140.03M	194.56M	212.29M	324.6M	91.45M
Net Margin %	-71.39%	1.28%	10.11%	19.14%	14.81%	27.28%	26.84%	11.52%	15.59%	15.9%	25.09%	13.7%	8.91%	32.45%	10.59%	29.16%	48.16%	65.17%	106.13%	30.25%
Net Income Growth %	-637.08%	-94.95%	-53.79%	87.66%	-4.61%	66.66%	-27.26%	-27.22%	60.36%	-53.87%	196.94%	-49.32%	-75.62%	-20.46%	-83.99%	53.12%	51.29%	82.52%	191.44%	-14.51%
Funds From Operations (FFO)	-353.11M	43.52M	87.33M	129.72M	98.6M	141.38M	125.01M	64.1M	87.49M	89.23M	164.15M	83.59M	59.71M	181.17M	64.39M	152.82M	207.17M	224.53M	336.25M	107.46M
FFO Margin %	-64.69%	8.47%	17.02%	25.62%	20.13%	29.71%	29.89%	14.3%	17.93%	18.22%	26.69%	16.14%	11.22%	34.82%	13.12%	31.83%	51.28%	68.93%	109.93%	35.55%
FFO Growth %	-458.11%	-69.22%	-30.14%	102.38%	12.71%	58.45%	-23.84%	-23.32%	46.53%	-50.75%	154.93%	-45.3%	-71.18%	-19.31%	-80.85%	42.22%	37.53%	61.78%	151.21%	-17.82%
FFO per Share	-0.96	0.12	0.26	0.38	0.29	0.42	0.37	0.19	0.27	0.28	0.50	0.27	0.19	0.58	0.21	0.48	0.65	0.71	1.07	0.35
FFO Payout Ratio %	-50.51%	410.76%	204.1%	137.38%	330.65%	115.79%	129.85%	253.97%	174.11%	171.01%	92.78%	180.28%	252.08%	82.93%	232.59%	97.28%	71.69%	65.72%	43.63%	129.31%
EPS (Diluted)	-1.06	0.01	0.15	0.30	0.22	0.38	0.33	0.14	0.23	0.24	0.48	0.22	0.15	0.54	0.16	0.44	0.61	0.67	1.01	0.30
EPS Growth %	-581.82%	-97.05%	-54.55%	114.29%	-4.35%	58.33%	-31.25%	-36.36%	53.33%	-55.56%	200%	-50%	-75.41%	-19.4%	-84.16%	46.67%	38.64%	67.5%	165.79%	-21.05%
EPS (Basic)	-1.06	0.01	0.15	0.29	0.22	0.38	0.33	0.14	0.23	0.24	0.49	0.22	0.15	0.54	0.16	0.45	0.63	0.68	1.01	0.30
Diluted Shares Outstanding	366.73M	366.73M	337.14M	337.14M	337.14M	337.14M	337.41M	337.41M	319.78M	313.61M	330.84M	313.37M	310.57M	310.06M	309M	318.24M	316.57M	314.96M	313.33M	304.82M