STARWOOD PROPERTY TRUST, INC.STWDEarnings & Financial Report
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. Starwood was founded in 1969 as a real estate investment trust named Hotel Investors Trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties co...
STWD Q4 FY2025 Key Financial Metrics
Revenue
$492.9M
Gross Profit
N/A
Operating Profit
$131.3M
Net Profit
$96.9M
Gross Margin
N/A
Operating Margin
26.6%
Net Margin
19.7%
YoY Growth
8.5%
EPS
$0.25
STARWOOD PROPERTY TRUST, INC. Q4 FY2025 Financial Summary
STARWOOD PROPERTY TRUST, INC. reported revenue of $492.9M (up 8.5% YoY) for Q4 FY2025, with a net profit of $96.9M (up 87.7% YoY) (19.7% margin).
Key Financial Metrics
| Total Revenue | $492.9M |
|---|---|
| Net Profit | $96.9M |
| Gross Margin | N/A |
| Operating Margin | 26.6% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
STARWOOD PROPERTY TRUST, INC. Q4 FY2025 revenue of $492.9M breaks down across 4 segments, led by Commercial And Residential Lending Segment at $335.2M (68.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Commercial And Residential Lending Segment | $335.2M | 68.0% |
| Infrastructure Lending Segment | $70.3M | 14.3% |
| Property Segment | $57.8M | 11.7% |
| Other | $29.7M | 6.0% |
STARWOOD PROPERTY TRUST, INC. Revenue by Segment — Quarterly Trend
STARWOOD PROPERTY TRUST, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Commercial And Residential Lending Segment and Infrastructure Lending Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Commercial And Residential Lending Segment | $335.2M | $343.1M | $343.9M | $325.5M |
| Infrastructure Lending Segment | $70.3M | $77.7M | $67.2M | $61.6M |
| Property Segment | $57.8M | — | $16.5M | $16.5M |
| Other | $29.7M | — | $12.6M | $14.5M |
STARWOOD PROPERTY TRUST, INC. Annual Revenue by Year
STARWOOD PROPERTY TRUST, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.8B).
STARWOOD PROPERTY TRUST, INC. Quarterly Revenue & Net Profit History
STARWOOD PROPERTY TRUST, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $492.9M | +8.5% | $96.9M | 19.7% |
| Q3 FY2025 | $488.9M | +1.9% | $72.6M | 14.8% |
| Q2 FY2025 | $444.3M | -9.3% | $129.8M | 29.2% |
| Q1 FY2025 | $418.2M | -20.1% | $112.3M | 26.8% |
| Q4 FY2024 | $454.4M | -13.0% | $51.6M | 11.4% |
| Q3 FY2024 | $479.5M | -8.1% | $76.1M | 15.9% |
| Q2 FY2024 | $489.8M | -5.0% | $77.9M | 15.9% |
| Q1 FY2024 | $523.1M | +6.7% | $154.3M | 29.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $523.1M | $489.8M | $479.5M | $454.4M | $418.2M | $444.3M | $488.9M | $492.9M |
| YoY Growth | 6.7% | -5.0% | -8.1% | -13.0% | -20.1% | -9.3% | 1.9% | 8.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $66.17B | $64.09B | $64.23B | $62.56B | $62.16B | $62.37B | $62.43B | $63.18B |
| Liabilities | $59.13B | $57.12B | $56.95B | $55.36B | $55.01B | $55.20B | $54.86B | $55.69B |
| Equity | $6.27B | $6.22B | $6.54B | $6.44B | $6.41B | $6.42B | $6.86B | $6.80B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $55.9M | $53.3M | $241.8M | $295.6M | $238.9M | $-87.4M | $337.6M | $488.8M |