Starwood Property Trust, Inc. logo

Starwood Property Trust, Inc.

STWD

NYSEReal EstateREIT - Mortgage

Regular session

$16.275

−$0.105 · -0.64%

Aug 24, 1:41 PM ET

STWD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

94

Deep Value

Momentum

37

Weakening

Sentiment

68

Bullish

Risk resilience

73

Moderate Risk

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Company profile

Company website

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. It operates through four segments: Commercial and Residential Lending; Infrastructure Lending; Property; and Investing and Servicing. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, including distressed or non-performing loans. Its Infrastructure Lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized and to be stabilized commercial real estate properties, including multifamily properties, multi-tenant medical office net lease properties and diversified single-tenant triple net lease properties that are held for investment. Its Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Miami Beach, Florida.

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US
CEO
Barry S. Sternlicht
Listed since
Aug 13, 2009
Employees
324

Market position

Day range

Current $16.275

52-week range

Current $16.275

Open
$16.45
Previous close
$16.38
Volume
1.23M
0.34× average
Average volume
3.6M
Average daily volume
Market cap
6.03B USD
Beta
1.04
Market reference 1
50-day average
$16.5382
-1.59% below average
200-day average
$17.5597
-7.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
27.66B USD
P/E (TTM)
24.25×
P/B (TTM)
0.92×
P/S (TTM)
2.98×
EV / EBITDA
15.04×
Earnings yield
6.78%
Free cash flow yield
11.68%
Dividend yield
11.80%

Profitability & efficiency

Gross margin
76.69%
Operating margin
73.42%
Net margin
11.27%
Return on equity
6.06%
Return on assets
0.65%
Return on invested capital
2.10%

Financial health

Debt / equity
3.65×
Current ratio
0.09×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends93%65%37%10%Gross margin, FY2021: 62.22%Gross margin, FY2022: 80.50%Gross margin, FY2023: 85.85%Gross margin, FY2024: 86.20%Gross margin, FY2025: 80.51%Operating margin, FY2021: 67.12%Operating margin, FY2022: 68.39%Operating margin, FY2023: 68.92%Operating margin, FY2024: 80.53%Operating margin, FY2025: 76.20%Net margin, FY2021: 37.68%Net margin, FY2022: 56.11%Net margin, FY2023: 16.53%Net margin, FY2024: 17.63%Net margin, FY2025: 21.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.22%. Gross margin FY2022 80.50%. Gross margin FY2023 85.85%. Gross margin FY2024 86.20%. Gross margin FY2025 80.51%. Operating margin FY2021 67.12%. Operating margin FY2022 68.39%. Operating margin FY2023 68.92%. Operating margin FY2024 80.53%. Operating margin FY2025 76.20%. Net margin FY2021 37.68%. Net margin FY2022 56.11%. Net margin FY2023 16.53%. Net margin FY2024 17.63%. Net margin FY2025 21.89%.

Income trends

Revenue

1.88B USD-7.88%

Operating income

1.43B USD-12.83%

Net income

411.54M USD+14.34%
Income trends across reported periods2.22B USD1.54B USD853.04M USD167.94M USDRevenue, FY2021: 1.19B USDRevenue, FY2022: 1.55B USDRevenue, FY2023: 2.05B USDRevenue, FY2024: 2.04B USDRevenue, FY2025: 1.88B USDOperating income, FY2021: 797.51M USDOperating income, FY2022: 1.06B USDOperating income, FY2023: 1.41B USDOperating income, FY2024: 1.64B USDOperating income, FY2025: 1.43B USDNet income, FY2021: 447.74M USDNet income, FY2022: 871.48M USDNet income, FY2023: 339.21M USDNet income, FY2024: 359.93M USDNet income, FY2025: 411.54M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.19B USD. Revenue FY2022 1.55B USD. Revenue FY2023 2.05B USD. Revenue FY2024 2.04B USD. Revenue FY2025 1.88B USD. Operating income FY2021 797.51M USD. Operating income FY2022 1.06B USD. Operating income FY2023 1.41B USD. Operating income FY2024 1.64B USD. Operating income FY2025 1.43B USD. Net income FY2021 447.74M USD. Net income FY2022 871.48M USD. Net income FY2023 339.21M USD. Net income FY2024 359.93M USD. Net income FY2025 411.54M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.88B USD2.04B USD2.05B USD1.55B USD1.19B USD
Cost of goods sold366.53M USD281.63M USD290.38M USD302.89M USD448.92M USD
Gross profit1.51B USD1.76B USD1.76B USD1.25B USD739.34M USD
Operating expenses80.87M USD115.71M USD347.32M USD188M USD−58.17M USD
Interest income34.46M USD1.76B USD1.88B USD1.28B USD845.46M USD
Interest expense1.28B USD1.35B USD1.44B USD797.12M USD445.09M USD
Depreciation and amortization82.06M USD43.09M USD51.09M USD50.96M USD84.39M USD
Operating income1.43B USD1.64B USD1.41B USD1.06B USD797.51M USD
Net income411.54M USD359.93M USD339.21M USD871.48M USD447.74M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.22
FY2025 · +8.93% year over year
Latest fiscal-year revenue
1.88B USD
FY2025 · -7.88% year over year
Next fiscal-year EPS consensus
1.56
FY2026 · 5 analysts
Next fiscal-year revenue consensus
2.12B USD
FY2026 · 2 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend3.292.481.680.87FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend2.5B2.02B1.55B1.07BFY21FY22FY23FY24FY25FY26FY27

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

21 ratings
Strong buy15%
Buy1571%
Hold524%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions
JMP SecuritiesmaintainMarket Outperform
Raymond JamesmaintainStrong Buy
BTIGmaintainBuy
B of A SecuritiesdowngradeBuyNeutral

STWD news

Corporate actions

Corporate action history

Stock split

Effective Feb 3, 2014

6,201:5,000

STWD peers

ETFs holding STWD

Funds reporting this stock among their holdings, ordered by reported position size.

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