Stocks Real estate STWD
NYSE · Real estateStarwood Property Trust, Inc. (STWD)
Starwood Property Trust, Inc. brought in $2.1B of revenue over the twelve months to September 30, 2026, up 14.4% from a year earlier. It posted a net loss of $234.4M. Operating cash flow minus capital spending left $99.4M of free cash flow in fiscal 2025. At September 30, 2026 it held $391.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Starwood Property Trust, Inc.
- Net worth
- Starwood Property Trust, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.8B (-5.3% year on year), with net income of $411.5M. Over the 12 months to September 30, 2026: revenue $2.1B, net loss $234.4M.
- Cash flow
- In fiscal 2025 operations brought in $977.9M of cash; after $878.5M of capital spending, free cash flow was $99.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Starwood Property Trust, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Starwood Property Trust, Inc. declared dividends of $1.92 per share in fiscal 2025, a yield of 16.07% at the current price.
What Starwood Property Trust, Inc. does
Starwood Property Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker STWD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.8B | $411.5M | $1.15 | $99.4M |
| 2024 | $1.9B | $359.9M | $1.10 | $646.6M |
| 2023 | $2B | $339.2M | $1.07 | $528.6M |
| 2022 | $1.5B | $871.5M | $2.74 | n/a |
| 2021 | $1.2B | $447.7M | $1.52 | n/a |
| 2020 | $1.1B | $331.7M | $1.16 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where STWD ranks in Real estate
Dividends
Starwood Property Trust, Inc. declared $1.92 per share in fiscal 2025. At the current price that is a yield of 16.07%. It paid out $668.9M in cash dividends, 163% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.92 | $668.9M | 163% |
| 2024 | $1.92 | $620M | 172% |
| 2023 | $1.92 | $601.2M | 177% |
| 2022 | $1.92 | $591.5M | 68% |
| 2021 | $1.92 | $553.9M | 124% |
| 2020 | $1.92 | $546.9M | 165% |
Latest SEC filings
What Starwood Property Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 12% to $545.9M versus the same quarter last year; diluted EPS -$1.08 versus $0.19.
- November 6, 2026
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 16% to $513.7M versus the same quarter last year; diluted EPS $0.01 versus $0.38.
- August 6, 2026
- July 10, 2026
- June 26, 2026Other event 8-K
- June 25, 2026Other event 8-K
- May 26, 2026
What is STWD worth? A DCF from its reported cash flow
Insider trades
What the people running Starwood Property Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 9 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 2, 2026 | Sternlicht Barry SCEO, Chairman of the Board, Director | Other changeindirect | 6,667 | - |
| September 30, 2026 | Sternlicht Barry SCEO, Chairman of the Board, Director | Exercised optionsindirect | 276,666 | - |
| September 30, 2026 | Bronson Richard D.Director | Received as pay | 11,112 | - |
| September 30, 2026 | Douglas Camille J.Director | Received as pay | 11,112 | - |
| September 30, 2026 | Harmon Deborah LDirector | Received as pay | 11,112 | - |
| September 30, 2026 | Kumin Solomon J.Director | Received as pay | 11,112 | - |
| September 30, 2026 | Perpall FrederickDirector | Received as pay | 11,112 | - |
| September 30, 2026 | Ridley Fred S.Director | Received as pay | 11,112 | - |
Who owns STWD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 5.01% | October 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 519 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 35,980,845 | +726,986 |
| Vanguard Capital Management LLC | 15,779,112 | +186,565 |
| Vanguard Portfolio Management LLC | 15,026,029 | -70,076 |
| State Street Corp | 11,903,686 | +99,347 |
| Morgan Stanley | 8,787,711 | +1,362,460 |
| Geode Capital Management, LLC | 6,699,499 | +107,973 |
| Ameriprise Financial Inc | 4,977,504 | -733,280 |
| Northern Trust Corp | 4,516,098 | -915,897 |
| Advisors Capital Management, LLC | 4,280,864 | +276,706 |
| HighTower Advisors, LLC | 3,046,542 | +246,741 |
| Raymond James Financial Inc | 2,931,036 | +302,325 |
| Wells Fargo & Company | 2,707,449 | -14,057 |
| Charles Schwab Investment Management Inc | 2,648,402 | +80,025 |
| Jpmorgan Chase & Co | 2,337,908 | +89,444 |
| Bank of New York Mellon Corp | 2,350,328 | -97,275 |
| Vanguard Fiduciary Trust Co | 2,217,308 | +49,991 |
| Two Sigma Investments, LP | 2,211,543 | -1,386,819 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,829,099 | +61,571 |
| Norges Bank | 1,742,303 | new |
| Van Eck Associates Corp | 1,598,413 | +174,156 |
Insiders
12 insiders reported holding 4,607,241 shares in total, about $55M at the last price.
| Holder | Shares |
|---|---|
| Sternlicht Barry SCEO, Chairman of the Board, Director | 1,831,7231,831,723 held indirectly |
| DiModica Jeffrey F.President | 1,302,265 |
| Paniry RinaChief Financial Officer | 655,774 |
| Dishner Jeffrey G.Director | 170,575 |
| Pollack Jonathan LeeDirector | 126,795 |
| Bronson Richard D.Director | 102,541 |
| Zelnick StraussDirector | 96,141 |
| Douglas Camille J.Director | 89,041 |
| Kumin Solomon J.Director | 83,249 |
| Ridley Fred S.Director | 63,021 |
Questions about STWD
What does Starwood Property Trust, Inc. do?
Starwood Property Trust, Inc. is a company in the Real estate sector, listed on NYSE as STWD. Its shares trade on NYSE under the ticker STWD.
What is Starwood Property Trust, Inc.'s net worth?
Starwood Property Trust, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Starwood Property Trust, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $234.4M on revenue of $2.1B.
How much revenue does Starwood Property Trust, Inc. make?
Over the twelve months to September 30, 2026 Starwood Property Trust, Inc. reported revenue of $2.1B. That is 14.4% more than a year earlier.
When did Starwood Property Trust, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Starwood Property Trust, Inc.'s next earnings report?
Starwood Property Trust, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Starwood Property Trust, Inc. pay a dividend?
Yes. Starwood Property Trust, Inc. declared dividends of $1.92 per share in fiscal 2025, a yield of 16.07% at the current price.
Similar companies
Compare STWD with
Follow STWD
Get an email when Starwood Property Trust, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Starwood Property Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.