stockrowSTARWOOD PROPERTY TRUST, INC.
STWD Real Estate Reit Mortgage
STARWOOD PROPERTY TRUST, INC.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, down 5.27% from fiscal 2024.
- Revenue
- +11.7%
- EPS
- −668.4%
- Free cash flow
- +72.7%
- Total debt
- +21.1%
Quarter to September 2026, against a year earlier
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STARWOOD PROPERTY TRUST, INC. (STWD) Gross margin
STARWOOD PROPERTY TRUST, INC.'s gross margin over the twelve months to 30 September 2026 was 29.4%, up 1.9 percentage points from fiscal 2025 (27.5%). Over the past ten years it has ranged from 27.5% (fiscal 2025) to 70.9% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Reit Mortgage industry median of 100.0% and below the Real Estate sector median of 62.8%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 27.5% | (0.79) |
| FY2024 | 28.3% | 0.49 |
| FY2023 | 27.8% | (14.81) |
| FY2022 | 42.6% | (9.85) |
| FY2021 | 52.4% | (0.28) |
| FY2020 | 52.7% | 5.50 |
| FY2019 | 47.2% | (4.55) |
| FY2018 | 51.8% | (3.93) |
| FY2017 | 55.7% | (6.61) |
| FY2016 | 62.3% | (8.62) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 29.2% | 1.37 |
| Jun 2026 | 27.8% | (3.50) |
| Mar 2026 | 31.3% | 2.17 |
| Dec 2025 | 29.1% | 0.89 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ARR ARMOUR Residential REIT, Inc. compare | 100.0% |
| RITM Rithm Capital Corp. compare | 100.0% |
| LADR Ladder Capital Corp compare | 100.0% |
| DX Dynex Capital, Inc. compare | 100.0% |
| EFC Ellington Financial Inc. compare | 95.3% |
| BXMT Blackstone Mortgage Trust, Inc. compare | 78.7% |
| AGNC AGNC Investment Corp. compare | 29.3% |
| STWD STARWOOD PROPERTY TRUST, INC. | 29.1% |
| NLY Annaly Capital Management Inc compare | 20.3% |
| Reit Mortgage industry median | 100.0% |
| Real Estate sector median | 62.8% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on STWD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement