Starwood Property Trust, Inc.STWD
What Starwood Property Trust, Inc. does.
The following description of our business should be read in conjunction with the information included elsewhere in this Form 10‑K for the year ended December 31, 2025. This discussion contains forward‑looking statements that involve risks and uncertainties. Actual results could differ significantly from the results discussed in the forward‑looking statements due to the factors set forth in “Risk Factors” and elsewhere in this Form 10‑K. References in this Form 10‑K to “we,” “our,” “us,” or the “Company” refer to Starwood Property Trust, Inc. and its subsidiaries.
Starwood Property Trust, Inc. (“STWD” and, together with its subsidiaries, “we” or the “Company”) is a Maryland corporation that commenced operations in August 2009, upon the completion of our initial public offering (“IPO”). We are focused primarily on originating, acquiring, financing and managing mortgage loans and other real estate investments in the United States (“U.S.”), Europe and Australia. As market conditions change over time, we may adjust our strategy to take advantage of changes in interest rates and credit spreads as well as economic and credit conditions.
We have four reportable business segments as of December 31, 2025 and we refer to the investments within these segments as our target assets:
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.5B | $2.0B | $1.9B | $1.8B |
| Net income | $331.7M | $447.7M | $871.5M | $339.2M | $359.9M | $411.5M |
| Free cash flow | — | — | — | $528.6M | $646.6M | $99.4M |
More on STWD.
- Starwood Property Trust, Inc. summary
- Starwood Property Trust, Inc. financial statements
- Starwood Property Trust, Inc. key metrics
- Starwood Property Trust, Inc. health scores and style box
- Starwood Property Trust, Inc. earnings
- Starwood Property Trust, Inc. dividends
- Starwood Property Trust, Inc. valuation
- Starwood Property Trust, Inc. ownership and insiders
- Starwood Property Trust, Inc. peers
Figures from Starwood Property Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.