Starwood Property Trust (STWD) Gross Margin (2013 - 2017)
Starwood Property Trust (STWD) posted Gross Margin of 99.62% for Q1 2017, little changed on a QoQ basis from 100.0% in Q4 2016, and down 33.0% year-over-year from 148.68% in Q1 2016.
Analysis
Starwood Property Trust (STWD) Gross Margin (2013 - 2017) Analysis & Trends
Starwood Property Trust has reported Gross Margin for 5 years, with the latest figure at 99.62% in Q1 2017.
- On a quarterly basis, Gross Margin fell 33.0% year-over-year to 99.62% in Q1 2017; TTM through Mar 2017 was 99.9%, a 8.0% decrease from a year earlier, with the FY2016 full-year figure at 99.99%, up 4.0% from the prior year.
- Gross Margin was 99.62% for Q1 2017 at Starwood Property Trust, roughly flat from 100.0% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q2 2015, with the low at 97.45% in Q2 2014.
- Average Gross Margin over 5 years is 99.65%, with a median of 99.85% recorded in 2013.
- The sharpest annual moves came in 2014 and 2015: Gross Margin plunged 240 bps in 2014, then jumped 255 bps in 2015.
- Over 5 years, Gross Margin stood at 99.69% in 2013, then decreased by 0 bps to 99.61% in 2014, then rose by 0 bps to 99.99% in 2015, then gained by 0 bps to 100.0% in 2016, then decreased by 0 bps to 99.62% in 2017.
- The last three Gross Margin figures came in at 99.62% (Q1 2017), 100.0% (Q4 2016), and 100.0% (Q3 2016), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 99.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2017 | 99.62% |
| Dec 31, 2016 | 100.00% |
| Sep 30, 2016 | 100.00% |
| Jun 30, 2016 | 100.00% |
| Mar 31, 2016 | 99.95% |
| Dec 31, 2015 | 99.99% |
| Sep 30, 2015 | 100.00% |
| Jun 30, 2015 | 100.00% |
| Mar 31, 2015 | 99.79% |
| Dec 31, 2014 | 99.61% |
| Sep 30, 2014 | 99.49% |
| Jun 30, 2014 | 97.45% |
| Mar 31, 2014 | 99.02% |
| Dec 31, 2013 | 99.69% |
| Sep 30, 2013 | 99.66% |
| Jun 30, 2013 | 99.85% |
| Mar 31, 2013 | 99.96% |