Starwood Property Trust (STWD) Gross Margin (2013 - 2017)
Starwood Property Trust's (STWD) quarterly Gross Margin came in at 99.62% in Q1 2017, down 33.0% year-on-year from 148.68% in Q1 2016, and little changed quarter-over-quarter from 100.0% in Q4 2016.
Starwood Property Trust (STWD) Gross Margin (2013 - 2017) Analysis & Trends
Starwood Property Trust's Gross Margin history runs 5 years deep, the most recent figure standing at 99.62% for 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 little changed at 99.62% in Q1 2017 per STWD's latest filing, from 100.0% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q2 2015 and bottomed at 97.45% in Q2 2014.
- The 5-year median for Gross Margin is 99.85% (2013), against an average of 99.65%.
- Across the five-year window, Gross Margin sank 240 bps in 2014 and surged 255 bps in 2015, its largest moves.
- Year by year, Gross Margin stood at 99.69% in 2013, then retreated by 0 bps to 99.61% in 2014, then increased by 0 bps to 99.99% in 2015, then rose by 0 bps to 100.0% in 2016, then retreated by 0 bps to 99.62% in 2017.
- Per Business Quant, the three latest STWD Gross Margin figures stand at 99.62% (Q1 2017), 100.0% (Q4 2016), and 100.0% (Q3 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | - |
Historic Data
Download 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% |