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STWD · NYSE · REIT - Mortgage

Starwood Property Trust (STWD)

Originates and manages property and infrastructure debt alongside real estate and servicing businesses.

$14.77

vs last close−0.33 (−2.22%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	532	518	615	490	488	448	418	476	490	506	513	514
Cost of revenue	64	79	77	63	60	81	80	68	101	117	127	126
Gross profit	468	439	538	427	427	367	338	408	389	389	386	387
	59	43	3	17	74	22	−8	115	−8	−18	40	53
	0	0	0	0	0	0	0	0	0	0	0	57
General & administrative	0	0	0	0	0	0	0	0	0	0	0	57
Other expenses	59	43	3	17	74	22	−8	115	−8	−18	40	−4
Operating income	409	395	536	410	353	345	345	293	397	407	346	334
	−369	−292	−375	−316	−270	−277	−226	−158	−304	−276	−293	−313
Interest income	477	479	482	444	436	403	12	396	7	5	379	403
Interest expense	368	369	356	344	338	310	292	316	335	334	329	345
Other non-operating income	1	−77	19	−28	−68	−34	−67	−159	−31	−58	−36	−31
Income before tax	40	103	161	94	83	69	120	135	93	131	53	21
Income tax expense	−11	18	1	16	10	−2	4	1	13	19	−4	6
Net income from continuing operations	51	85	160	78	72	71	116	135	80	112	57	15
Net income	47	71	154	78	76	52	112	130	73	97	52	7
EPS, basic	$0.15	$0.22	$0.49	$0.24	$0.23	$0.14	$0.33	$0.38	$0.22	$0.29	$0.15	$0.01
EPS, diluted	$0.15	$0.22	$0.48	$0.24	$0.23	$0.14	$0.33	$0.38	$0.22	$0.30	$0.15	$0.01
Weighted average shares, basic	310	313	312	313	320	337	337	337	337	337	337	367
Weighted average shares, diluted	311	313	331	314	320	337	337	337	337	337	337	367
EBITDA	421	485	527	448	431	392	424	462	454	499	416	401
Depreciation & amortization	12	13	10	10	10	13	11	10	26	34	34	35
EBIT	408	472	517	438	420	379	412	451	428	465	382	366