Starwood Property Trust Inc
NYSE:STWD

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Starwood Property Trust Inc
NYSE:STWD
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Price: 19.16 USD -1.19%
Market Cap: 6.5B USD
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Income Statement

Earnings Waterfall
Starwood Property Trust Inc

Revenue
2.1B USD
Cost of Revenue
-1.6B USD
Gross Profit
535.4m USD
Operating Expenses
-457.5m USD
Operating Income
77.9m USD
Other Expenses
294.3m USD
Net Income
372.2m USD

Income Statement
Starwood Property Trust Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
705
N/A
703
0%
710
+1%
718
+1%
728
+1%
736
+1%
753
+2%
774
+3%
786
+2%
785
0%
788
+0%
800
+1%
822
+3%
880
+7%
942
+7%
1 000
+6%
1 059
+6%
1 109
+5%
1 159
+4%
1 201
+4%
1 203
+0%
1 196
-1%
1 199
+0%
1 153
-4%
1 132
-2%
1 136
+0%
1 111
-2%
1 136
+2%
1 171
+3%
1 177
+0%
1 417
+20%
2 287
+61%
2 493
+9%
2 220
-11%
2 724
+23%
2 303
-15%
2 333
+1%
2 341
+0%
2 374
+1%
2 135
-10%
2 091
-2%
Gross Profit
Cost of Revenue
(256)
(279)
(292)
(306)
(320)
(327)
(330)
(335)
(343)
(348)
(357)
(372)
(392)
(408)
(446)
(469)
(491)
(525)
(578)
(612)
(636)
(608)
(631)
(603)
(568)
(529)
(528)
(543)
(563)
(593)
(652)
(880)
(990)
(934)
(1 328)
(1 356)
(1 502)
(1 560)
(1 605)
(1 585)
(1 555)
Gross Profit
449
N/A
424
-6%
418
-1%
412
-1%
409
-1%
409
0%
422
+3%
439
+4%
443
+1%
436
-2%
431
-1%
428
-1%
430
+0%
472
+10%
496
+5%
531
+7%
568
+7%
584
+3%
581
-1%
589
+1%
568
-4%
589
+4%
568
-4%
550
-3%
564
+2%
607
+8%
583
-4%
593
+2%
608
+2%
583
-4%
765
+31%
1 408
+84%
1 503
+7%
1 286
-14%
1 396
+9%
947
-32%
831
-12%
782
-6%
769
-2%
550
-29%
535
-3%
Operating Income
Operating Expenses
(221)
(202)
(190)
(187)
(178)
(196)
(217)
(239)
(280)
(289)
(299)
(302)
(294)
(323)
(334)
(390)
(407)
(444)
(430)
(399)
(402)
(420)
(445)
(441)
(431)
(432)
(365)
(355)
(358)
(394)
(346)
(399)
(392)
(336)
(427)
(477)
(515)
(538)
(517)
(444)
(458)
Selling, General & Administrative
(195)
(170)
(164)
(162)
(153)
(166)
(175)
(183)
(212)
(218)
(224)
(228)
(215)
(234)
(234)
(247)
(252)
(276)
(266)
(266)
(276)
(298)
(280)
(274)
(272)
(294)
(276)
(290)
(291)
(302)
(269)
(302)
(290)
(238)
(273)
(219)
(220)
(243)
(232)
(241)
(243)
Depreciation & Amortization
(17)
(17)
(16)
(17)
(21)
(29)
(44)
(57)
(65)
(67)
(70)
(73)
(81)
(94)
(103)
(118)
(130)
(133)
(130)
(122)
(116)
(113)
(108)
(103)
(98)
(94)
(93)
(92)
(90)
(83)
(72)
(74)
(64)
(49)
(62)
(50)
(50)
(49)
(47)
(44)
(42)
Other Operating Expenses
(9)
(15)
(10)
(9)
(4)
(0)
1
2
(3)
(5)
(5)
(0)
2
5
3
(25)
(26)
(35)
(35)
(12)
(11)
(8)
(57)
(64)
(60)
(44)
4
27
24
(9)
(5)
(23)
(38)
(48)
(92)
(208)
(246)
(246)
(238)
(159)
(173)
Operating Income
229
N/A
223
-3%
228
+2%
225
-1%
231
+3%
213
-8%
205
-4%
200
-2%
163
-18%
147
-10%
132
-10%
126
-4%
135
+7%
149
+10%
161
+8%
140
-13%
161
+14%
141
-12%
151
+7%
190
+26%
166
-13%
169
+2%
123
-27%
109
-11%
133
+22%
175
+32%
218
+24%
238
+9%
250
+5%
189
-25%
419
+122%
1 009
+141%
1 111
+10%
951
-14%
969
+2%
470
-52%
316
-33%
244
-23%
253
+4%
105
-58%
78
-26%
Pre-Tax Income
Interest Income Expense
301
305
314
318
269
274
165
150
169
238
335
367
352
303
290
300
284
302
264
243
319
403
296
325
322
218
373
327
285
328
357
338
320
145
180
229
194
311
414
407
477
Non-Reccuring Items
(6)
(6)
(10)
(14)
(17)
(19)
(14)
(12)
(10)
(22)
(28)
(26)
(25)
(11)
(4)
(5)
(13)
(15)
(18)
(20)
(16)
(21)
(19)
(19)
(14)
(7)
(7)
(5)
(5)
(9)
(9)
(9)
(10)
(5)
(5)
(28)
(28)
(127)
(128)
(104)
(103)
Total Other Income
3
5
4
3
3
2
4
13
13
14
12
3
3
2
2
3
1
(1)
(1)
(2)
0
(1)
(0)
(0)
0
0
0
(5)
(7)
(7)
(8)
(37)
(93)
(94)
(96)
(64)
(11)
(11)
(11)
(11)
(11)
Pre-Tax Income
526
N/A
526
+0%
535
+2%
532
-1%
485
-9%
469
-3%
360
-23%
351
-2%
335
-5%
376
+12%
451
+20%
471
+4%
465
-1%
444
-4%
450
+1%
438
-3%
433
-1%
427
-1%
396
-7%
411
+4%
468
+14%
550
+18%
400
-27%
416
+4%
441
+6%
386
-12%
584
+51%
555
-5%
524
-6%
501
-4%
758
+51%
1 301
+72%
1 328
+2%
998
-25%
1 049
+5%
606
-42%
471
-22%
417
-11%
528
+26%
398
-25%
440
+11%
Net Income
Tax Provision
(12)
(24)
(35)
(34)
(38)
(17)
(1)
2
7
(8)
(7)
(16)
(23)
(21)
(25)
(19)
(17)
(15)
(13)
(13)
(9)
(13)
(6)
(1)
(12)
(20)
(29)
(27)
(20)
(9)
(4)
(7)
49
62
70
69
32
1
(9)
(24)
(46)
Income from Continuing Operations
514
502
501
498
447
452
358
353
342
368
444
455
442
423
425
419
416
411
383
398
459
537
394
415
429
366
555
528
504
492
754
1 294
1 377
1 059
1 119
675
503
418
518
374
394
Income to Minority Interest
(6)
(6)
(6)
(4)
(2)
(2)
(2)
(2)
(1)
(3)
(3)
(8)
(12)
(12)
(17)
(19)
(19)
(25)
(27)
(24)
(29)
(27)
(22)
(30)
(33)
(34)
(45)
(42)
(41)
(45)
(93)
(212)
(230)
(188)
(195)
(120)
(94)
(79)
(77)
(23)
(15)
Net Income (Common)
493
N/A
489
-1%
490
+0%
489
0%
442
-10%
447
+1%
354
-21%
349
-1%
338
-3%
363
+7%
439
+21%
444
+1%
427
-4%
398
-7%
395
-1%
387
-2%
383
-1%
382
0%
353
-8%
371
+5%
426
+15%
506
+19%
368
-27%
381
+4%
392
+3%
327
-17%
504
+54%
479
-5%
456
-5%
441
-3%
647
+47%
1 057
+63%
1 122
+6%
854
-24%
905
+6%
548
-40%
402
-27%
333
-17%
434
+30%
344
-21%
372
+8%
EPS (Diluted)
2.2
N/A
2.24
+2%
2.11
-6%
2.04
-3%
1.85
-9%
1.91
+3%
1.49
-22%
1.47
-1%
1.42
-3%
1.5
+6%
1.67
+11%
1.69
+1%
1.62
-4%
1.51
-7%
1.5
-1%
1.34
-11%
1.44
+7%
1.32
-8%
1.29
-2%
1.28
-1%
1.47
+15%
1.74
+18%
1.3
-25%
1.28
-2%
1.34
+5%
1.16
-13%
1.71
+47%
1.62
-5%
1.54
-5%
1.48
-4%
2.05
+39%
3.34
+63%
3.54
+6%
2.7
-24%
2.9
+7%
1.76
-39%
1.29
-27%
1.07
-17%
1.39
+30%
1.1
-21%
1.18
+7%

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