Starwood Property Trust (STWD) Net Margin (2010 - 2026)
Starwood Property Trust (STWD) recorded Net Margin of 1.28% in Q2 2026, down 27.94 percentage points from 29.22% a year earlier and down 8.85 percentage points from the prior quarter.
Powered by 
Analysis
Starwood Property Trust (STWD) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Starwood Property Trust's Net Margin came in at 11.35% as of Jun 30, 2026, down 9.23 percentage points year-over-year; for FY2025, it came in at 22.31%, up 3.83 percentage points from FY2024.
- Annual Net Margin has a five-year change of -6.88 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 18.49% in FY2024 (+1.94 pp), 16.55% in FY2023 (-42.95 pp), 59.50% in FY2022 (+21.23 pp) and 38.27% in FY2021 (+9.07 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q1 2020.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -2.77 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 71.63 percentage points in Q1 2022, against a drop of 99.81 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.12% (Q1 2026), 19.66% (Q4 2025) and 14.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 32.04% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 8.26% |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 2.02% |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 18.21% |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 138.65% |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | - |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Starwood Property Trust | 5.31 Bn | 4.21 Bn | - | 1.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.28% |
| Mar 31, 2026 | 10.12% |
| Dec 31, 2025 | 19.66% |
| Sep 30, 2025 | 14.84% |
| Jun 30, 2025 | 29.22% |
| Mar 31, 2025 | 26.84% |
| Dec 31, 2024 | 11.37% |
| Sep 30, 2024 | 15.86% |
| Jun 30, 2024 | 15.90% |
| Mar 31, 2024 | 29.50% |
| Dec 31, 2023 | 13.59% |
| Sep 30, 2023 | 9.10% |
| Jun 30, 2023 | 32.74% |
| Mar 31, 2023 | 10.60% |
| Dec 31, 2022 | 30.80% |
| Sep 30, 2022 | 49.82% |
| Jun 30, 2022 | 65.20% |
| Mar 31, 2022 | 110.41% |
| Dec 31, 2021 | 31.57% |
| Sep 30, 2021 | 42.54% |
API Access
Starwood Property Trust Net Margin 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=net-margin&ticker=STWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=STWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();