Starwood Property Trust (STWD) Net Margin (2010 - 2026)

Starwood Property Trust's (STWD) quarterly Net Margin came in at 11.21% in Q1 2026, down 1656.0% year-on-year from 0.72% in Q1 2025, and down 50.84% quarter-over-quarter from 22.79% in Q4 2025.

Starwood Property Trust (STWD) Net Margin (2010 - 2026) Analysis & Trends

Starwood Property Trust's Net Margin history runs 17 years deep, the most recent figure standing at 11.21% for Q1 2026.

  • On a quarterly basis, Net Margin fell 1656.0% year-over-year to 11.21% in Q1 2026; TTM through Mar 2026 was 19.83%, a 154.0% increase from a year earlier, with the FY2025 full-year figure at 24.03%, up 448.0% from the prior year.
  • Net Margin slipped to 11.21% in Q1 2026 per STWD's latest filing, from 22.79% in the prior quarter.
  • Across five years, Net Margin topped out at 130.72% in Q1 2022 and bottomed at 9.85% in Q3 2023.
  • The 5-year median for Net Margin is 22.79% (2025), against an average of 34.04%.
  • Across the five-year window, Net Margin soared 9659 bps in 2022 and tumbled 11854 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 37.22% in 2022, then plunged by 56 bps to 16.21% in 2023, then fell by 4 bps to 15.59% in 2024, then jumped by 46 bps to 22.79% in 2025, then plunged by 51 bps to 11.21% in 2026.
  • Per Business Quant, the three latest STWD Net Margin figures stand at 11.21% (Q1 2026), 22.79% (Q4 2025), and 16.35% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 - 11.21%
4 Rithm Capital 5.01 Bn 5.01 Bn - 4.91%
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 5.45%
6 Ellington Financial 1.63 Bn 1.51 Bn - 51.82%
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
DateValue
Mar 31, 2026 11.21%
Dec 31, 2025 22.79%
Sep 30, 2025 16.35%
Jun 30, 2025 30.32%
Mar 31, 2025 27.76%
Dec 31, 2024 15.59%
Sep 30, 2024 15.05%
Jun 30, 2024 15.87%
Mar 31, 2024 30.56%
Dec 31, 2023 16.21%
Sep 30, 2023 9.85%
Jun 30, 2023 43.12%
Mar 31, 2023 12.19%
Dec 31, 2022 37.22%
Sep 30, 2022 57.31%
Jun 30, 2022 86.52%
Mar 31, 2022 130.72%
Dec 31, 2021 35.56%
Sep 30, 2021 46.47%
Jun 30, 2021 43.45%