STARWOOD PROPERTY TRUST, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.8B | $1.9B | $2.0B | $1.5B | $1.2B |
| Interest expense | — | — | $1.4B | $797.1M | $445.1M |
| Pretax income | $479.8M | $406.0M | $417.5M | $997.5M | $501.1M |
| Income tax expense | $36.7M | $25.4M | -$682,000 | -$61.5M | $8.7M |
| Net income | $411.5M | $359.9M | $339.2M | $871.5M | $447.7M |
| Balance Sheet | |||||
| Cash and equivalents | $499.5M | $377.8M | $194.7M | $261.1M | $217.4M |
| Total assets | $63.2B | $62.6B | $69.5B | $79.0B | $83.9B |
| Total liabilities | $55.7B | $55.4B | $62.5B | $71.8B | $77.2B |
| Stockholders' equity | $6.8B | $6.4B | $6.3B | $6.5B | $6.1B |
| Cash Flow Statement | |||||
| Cash from operations | $977.9M | $646.6M | $528.6M | $213.7M | -$990.0M |
| Depreciation and amortization | $79.0M | $41.3M | $49.1M | $49.3M | $83.0M |
| Stock-based compensation | $61.0M | $59.4M | $52.9M | $65.1M | $74.4M |
| Capital expenditure | $878.5M | $0 | $0 | — | — |
| Free cash flow | $99.4M | $646.6M | $528.6M | — | — |
| Dividends paid | $668.9M | $620.0M | $601.2M | $591.5M | $553.9M |
| Share repurchases | — | — | — | $0 | $0 |
| Impairments | — | — | $124.9M | — | — |
Shares outstanding 370.7M · Free float 94.2%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.