For the year ending 2025-12-31, STWD made $1,844,289K in revenue. $411,544K in net income. Net profit margin of 22.31%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 1,844,289 | 1,946,843 | ||
| Management fees | 137,265 | 145,177 | ||
| Interest expense | 1,276,987 | 1,348,693 | ||
| General and administrative | 208,809 | 199,236 | ||
| Costs of rental operations | 60,801 | 48,237 | ||
| Depreciation and amortization | 78,981 | 41,306 | ||
| Credit loss provision, net | 19,370 | 197,400 | ||
| Other expense | -4,349 | -2,023 | ||
| Total costs and expenses | 1,786,562 | 1,982,072 | ||
| Change in net assets related to consolidated vies | 154,758 | 75,706 | ||
| Change in fair value of servicing rights | 5,890 | 3,006 | ||
| Change in fair value of investment securities, net | 2,187 | 1,014 | ||
| Change in fair value of mortgage loans, net | 184,440 | 75,880 | ||
| Income from affordable housing fund investments-Variable Interest Entity Primary Beneficiary | 46,953 | - | ||
| Earnings from unconsolidated entities | 14,553 | 13,096 | ||
| Gain on sale of investments and other assets, net | 42,913 | 100,710 | ||
| (loss) gain on derivative financial instruments, net | -127,268 | 157,934 | ||
| Income from affordable housing fund investments | - | 102,141 | ||
| Foreign currency gain (loss), net | 112,944 | -73,928 | ||
| Gain (loss) on extinguishment of debt, net | 17,681 | -3,940 | ||
| Other loss, net | -32,966 | -10,381 | ||
| Total other income (loss) | 422,085 | 441,238 | ||
| Income before income taxes | 479,812 | 406,009 | ||
| Income tax (provision) benefit | 36,719 | 25,432 | ||
| Net income | 443,093 | 380,577 | ||
| Net income attributable to non-controlling interests | 31,549 | 20,644 | ||
| Net income attributable to starwood property trust,inc | 411,544 | 359,933 | ||
| Basic EPS | 1.15 | 1.1 | ||
| Diluted EPS | 1.15 | 1.1 | ||
| Diluted Average Shares | 349,991,000 | 320,569,000 | ||
STARWOOD PROPERTY TRUST, INC. (STWD)
STARWOOD PROPERTY TRUST, INC. (STWD)