Starwood Property Trust (STWD) Interest Expenses (2010 - 2026)
Starwood Property Trust (STWD) recorded Interest Expenses of $344.58 million in Q2 2026, up 9.0% from $316.13 million a year earlier and up 4.8% from the prior quarter.
Starwood Property Trust (STWD) Interest Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Starwood Property Trust's Interest Expenses came in at $1.34 billion as of Jun 30, 2026, up 6.8% year-over-year; for FY2025, it was $1.28 billion, down 5.3% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of 24.9% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $1.35 billion in FY2024 (-6.1%), $1.44 billion in FY2023 (+80.2%), $797.12 million in FY2022 (+79.1%) and $445.09 million in FY2021 (+6.0%).
- The Q2 2026 figure is the highest quarterly Interest Expenses since Q1 2024.
- On a year-over-year basis, Interest Expenses has increased for three consecutive quarters, with an average decline of 2.8% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 165.2% in Q1 2023, against a decline of 17.9% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $328.91 million (Q1 2026), $333.85 million (Q4 2025) and $334.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Starwood Property Trust | 5.01 Bn | 3.91 Bn | - | 344.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 344.58 Mn |
| Mar 31, 2026 | 328.91 Mn |
| Dec 31, 2025 | 333.85 Mn |
| Sep 30, 2025 | 334.85 Mn |
| Jun 30, 2025 | 316.13 Mn |
| Mar 31, 2025 | 292.16 Mn |
| Dec 31, 2024 | 310.49 Mn |
| Sep 30, 2024 | 337.86 Mn |
| Jun 30, 2024 | 344.39 Mn |
| Mar 31, 2024 | 355.96 Mn |
| Dec 31, 2023 | 369.12 Mn |
| Sep 30, 2023 | 368.36 Mn |
| Jun 30, 2023 | 363.33 Mn |
| Mar 31, 2023 | 335.30 Mn |
| Dec 31, 2022 | 295.63 Mn |
| Sep 30, 2022 | 222.42 Mn |
| Jun 30, 2022 | 152.62 Mn |
| Mar 31, 2022 | 126.45 Mn |
| Dec 31, 2021 | 116.53 Mn |
| Sep 30, 2021 | 115.53 Mn |
Starwood Property Trust Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=STWD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "STWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=STWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();