Starwood Property Trust Inc

Real Estate US STWD

19.265USD
0.10(0.50%)

Last update at 2024-12-19T18:53:00Z

Day Range

19.1419.64
LowHigh

52 Week Range

14.8722.29
LowHigh

Fundamentals

  • Previous Close 19.17
  • Market Cap7090.42M
  • Volume1855076
  • P/E Ratio17.02
  • Dividend Yield8.78%
  • EBITDA-
  • Revenue TTM375.32M
  • Revenue Per Share TTM1.22
  • Gross Profit TTM 573.68M
  • Diluted EPS TTM1.29

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 997.54M 501.10M 386.28M 550.17M 426.53M
Minority interest 187.59M 44.69M 34.39M 27.27M 25.37M
Net income 871.48M 447.74M 331.69M 509.66M 385.83M
Selling general administrative 331.05M 339.07M 285.00M 274.24M 265.59M
Selling and marketing expenses - - - - -
Gross profit 1405.46M 773.48M 704.76M 836.44M 709.29M
Reconciled depreciation 53.94M 84.59M 94.15M 113.39M 130.84M
Ebit 1782.43M 456.41M 351.89M 522.90M 807.54M
Ebitda 1831.72M 539.41M 446.04M 636.22M 940.19M
Depreciation and amortization 49.29M 83.00M 94.15M 113.32M 132.65M
Non operating income net other 805.77M 320.06M 214.53M 383.57M 294.88M
Operating income 1782.43M 456.41M 351.89M 522.90M 809.35M
Other operating expenses 1272.95M 497.67M 359.82M 506.71M 978.00M
Interest expense 797.12M 445.09M 419.76M 508.73M 408.19M
Tax provision -61.52300M 8.67M 20.20M 13.23M 15.33M
Interest income 1283.58M 845.46M 806.36M 800.64M 677.38M
Net interest income 486.46M 400.37M 386.59M 291.91M 269.19M
Extraordinary items - - - - -
Non recurring 3.40M 1.18M 3.57M 1.06M 8.59M
Other items - - - - -
Income tax expense -61.52300M 8.67M 20.20M 13.23M 15.33M
Total revenue 1449.58M 885.14M 822.44M 959.42M 836.36M
Total operating expenses 362.35M 497.67M 359.82M 506.71M 978.00M
Cost of revenue 44.12M 111.67M 117.68M 122.98M 127.07M
Total other income expense net -784.89100M 44.69M 34.39M 27.27M -382.82100M
Discontinued operations - - - - -
Net income from continuing ops 1059.06M 492.43M 366.08M 536.93M 411.20M
Net income applicable to common shares 871.48M 447.74M 331.69M 509.66M 385.83M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 79043.13M 83850.40M 80873.51M 78042.34M 68262.45M
Intangible assets 68.77M 63.56M 70.12M 85.70M 145.03M
Earning assets - - - - -
Other current assets 2905.67M 2981.35M -95.98000M 810.24M 906.47M
Total liab 71844.42M 77201.59M 76010.93M 72905.32M 63362.26M
Total stockholder equity 6462.44M 6072.54M 4488.90M 4700.43M 4603.43M
Deferred long term liab - - - - -
Other current liab 1007.70M -1528.31400M -1552.19600M -1442.80900M 51698.79M
Common stock 3.18M 3.12M 2.92M 2.87M 2.81M
Capital stock 3.18M 3.12M 2.92M 2.87M 2.81M
Retained earnings 769.24M 493.11M -629.73300M -381.71900M -348.99800M
Other liab 50764.23M 59829.29M 62782.44M 60743.49M 52195.04M
Good will 259.85M 259.85M 259.85M 259.85M 259.85M
Other assets 59883.49M 81201.97M 79039.64M 76259.75M 1206.65M
Cash 261.06M 217.36M 563.22M 478.39M 239.82M
Cash and equivalents - - - - -
Total current liabilities 2628.21M 1528.31M 1552.20M 1442.81M 53467.61M
Current deferred revenue - - - - -
Net debt 21567.41M 16804.19M 6437.24M 11284.34M 10516.81M
Short term debt 1321.51M 1338.62M 1345.35M 1230.80M 1551.15M
Short long term debt 1321.51M 1338.62M 1345.35M 1230.80M 74.24M
Short long term debt total 21828.47M 17021.56M 7000.46M 11762.73M 10756.64M
Other stockholder equity 5669.06M 5535.35M 5071.72M 5028.34M 4890.96M
Property plant equipment 1449.99M 1166.39M 2271.15M 2266.44M 2784.89M
Total current assets 18831.02M 333.62M 659.20M 542.48M 1206.65M
Long term investments 2985.11M 3015.11M 12288.52M 11583.50M 9944.36M
Net tangible assets 6496.61M 5964.04M 4158.94M 4354.88M 4198.55M
Short term investments 113.39M 860.98M 736.66M 810.24M 906.47M
Net receivables 168.52M 116.26M 95.98M 64.09M 60.35M
Long term debt 20598.37M 17034.98M 12850.59M 11771.47M 10697.81M
Inventory - - - - -
Accounts payable 299.00M 189.70M 206.84M 212.01M 217.66M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 373.48M 361.36M 373.68M 436.59M 296.76M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 20.95M 40.95M 43.99M 50.93M 58.66M
Additional paid in capital - - - - -
Common stock total equity 3.18M 3.12M 2.92M 2.87M 2.81M
Preferred stock total equity - - - - -
Retained earnings total equity 769.24M 493.11M -629.73300M -381.71900M -348.99800M
Treasury stock - - - -104.19400M -104.19400M
Accumulated amortization - - - - -
Non currrent assets other -2668.69800M -2314.80000M -1174.67500M -1240.11300M 65572.69M
Deferred long term asset charges - - - - -
Non current assets total 328.62M 2314.80M 1174.67M 1240.11M 67055.81M
Capital lease obligations - - - - -
Long term debt total 20598.37M 17034.98M 12850.59M 11771.47M 10697.81M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -3226.27000M -4379.04600M -1012.96800M -1301.88500M -1018.70900M
Change to liabilities 136.18M 77.90M -2.12700M -8.57600M 26.83M
Total cashflows from investing activities -2950.30600M -4281.65400M -911.80500M -775.86800M -2520.80900M
Net borrowings 3563.24M 5435.83M 935.66M 1423.82M 2984.89M
Total cash from financing activities 2797.88M 4873.10M 13.28M 876.72M 2004.72M
Change to operating activities 8.93M 8.76M -1.47300M -32.90500M 9.88M
Net income 1059.06M 492.43M 366.08M 536.93M 411.20M
Change in cash 60.22M -400.24800M 148.13M 86.17M 69.59M
Begin period cash flow 321.91M 722.16M 574.03M 487.87M 418.27M
End period cash flow 382.13M 321.91M 722.16M 574.03M 487.87M
Total cash from operating activities 213.74M -989.97500M 1045.55M -13.19900M 585.47M
Issuance of capital stock 51.52M 394.09M 1.10M 0.77M 0.61M
Depreciation 53.94M 84.59M 94.15M 113.39M 130.84M
Other cashflows from investing activities 275.96M 97.39M 101.16M 526.02M -1502.10000M
Dividends paid -591.45700M -553.93000M -546.88500M -538.42400M 509.97M
Change to inventory - - - - 52270.84M
Change to account receivables -201.50000M -136.77200M -175.28700M -114.15600M -62.26100M
Sale purchase of stock 116.33M 17506.26M -33.82800M 10351.88M -12.09000M
Other cashflows from financing activities 13516.14M 223.29M 7253.02M 106.74M 9297.24M
Change to netincome -599.76800M -1427.36400M 779.91M -223.00000M 95.96M
Capital expenditures 25.23M 26.27M 25.16M 30.86M 54.77M
Change receivables -201.50000M -136.77200M -175.28700M -114.15600M -62.26100M
Cash flows other operating -224.45100M -32.92400M 41.72M -236.45900M 89.38M
Exchange rate changes - - - - -
Cash and cash equivalents changes 61.31M -398.52600M 147.03M 87.65M 69.39M
Change in working capital -21.20000M -87.31200M -177.13200M -152.51900M -27.22500M
Stock based compensation 40.19M 39.29M 31.24M 48.07M 43.55M
Other non cash items -918.24600M -1416.66700M 692.24M -501.62200M 94.03M
Free cash flow 188.52M -1016.24700M 1020.38M -44.06400M 530.70M

Peer Comparison

Sector: Real Estate Industry: REIT - Mortgage

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
STWD
Starwood Property Trust Inc
0.10 0.50% 19.27 17.02 10.42 18.79 1.07 - -
NLY
Annaly Capital Management Inc
0.05 0.27% 18.89 - 6.90 2.27 1.11 - -
AGNCM
AGNC Investment Corp
-0.115 0.45% 25.30 - - 7.15 - - -
AGNCN
AGNC Investment Corp.
-0.12 0.47% 25.59 - - 6.98 - - -
AGNC
AGNC Investment Corp
-0.005 0.05% 9.30 6.45 5.08 6.76 1.07 - -

Reports Covered

Stock Research & News

Profile

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Greenwich, Connecticut.

Starwood Property Trust Inc

591 West Putnam Avenue, Greenwich, CT, United States, 06830

Key Executives

Name Title Year Born
Mr. Barry Stuart Sternlicht CEO & Non-Independent Exec. Chairman 1961
Mr. Jeffrey F. DiModica C.F.A., CFA Pres & MD 1967
Ms. Rina Paniry CFO, Treasurer, Principal Financial Officer & Chief Accounting Officer 1974
Mr. Andrew Jay Sossen COO, Gen. Counsel, Chief Compliance Officer, Exec. VP & Sec. 1977
Mr. Lawrence Brown Founder & Chairman of Starwood Mortgage Capital NA
Mr. Zachary Tanenbaum MD & Head of Investor Strategy NA
Mr. Mark Cagley Chief Credit Officer NA
Mr. Dennis Schuh Chief Originations Officer NA
Mr. Cary Carpenter Managing Director NA
Mr. Austin Nowlin MD & Head of Capital Markets for the Americas - Starwood Capital Group 1981

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