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| Date | Value |
|---|---|
| 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% |