Starwood Property Trust (STWD) Non Operating Income (2012 - 2026)
Starwood Property Trust's (STWD) quarterly Non Operating Income came in at $21.3 million in Q1 2026, down 75.18% year-on-year from $85.9 million in Q1 2025, and down 82.34% quarter-over-quarter from $120.8 million in Q4 2025.
Starwood Property Trust (STWD) Non Operating Income (2012 - 2026) Analysis & Trends
Starwood Property Trust's Non Operating Income history runs 15 years deep, the most recent figure standing at $21.3 million for Q1 2026.
- On a quarterly basis, Non Operating Income fell 75.18% year-over-year to $21.3 million in Q1 2026; TTM through Mar 2026 was $357.5 million, a 5.89% decrease from a year earlier, with the FY2025 full-year figure at $422.1 million, down 4.34% from the prior year.
- Non Operating Income slipped to $21.3 million in Q1 2026 per STWD's latest filing, from $120.8 million in the prior quarter.
- Across five years, Non Operating Income topped out at $331.7 million in Q1 2022 and bottomed at $21.3 million in Q1 2026.
- The 5-year median for Non Operating Income is $105.7 million (2024), against an average of $126.8 million.
- Across the five-year window, Non Operating Income soared 371.12% in 2022 and sank 86.16% in 2023, its largest moves.
- Year by year, Non Operating Income stood at $132.3 million in 2022, then slumped by 31.5% to $90.6 million in 2023, then grew by 3.03% to $93.3 million in 2024, then grew by 29.38% to $120.8 million in 2025, then tumbled by 82.34% to $21.3 million in 2026.
- Per Business Quant, the three latest STWD Non Operating Income figures stand at $21.3 million (Q1 2026), $120.8 million (Q4 2025), and $93.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | -253.68 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | -433.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 21.33 Mn |
| 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 | - | -35.99 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 28.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.33 Mn |
| Dec 31, 2025 | 120.77 Mn |
| Sep 30, 2025 | 93.84 Mn |
| Jun 30, 2025 | 121.56 Mn |
| Mar 31, 2025 | 85.91 Mn |
| Dec 31, 2024 | 93.35 Mn |
| Sep 30, 2024 | 105.65 Mn |
| Jun 30, 2024 | 94.95 Mn |
| Mar 31, 2024 | 147.29 Mn |
| Dec 31, 2023 | 90.60 Mn |
| Sep 30, 2023 | 38.03 Mn |
| Jun 30, 2023 | 291.36 Mn |
| Mar 31, 2023 | 45.89 Mn |
| Dec 31, 2022 | 132.27 Mn |
| Sep 30, 2022 | 121.19 Mn |
| Jun 30, 2022 | 220.62 Mn |
| Mar 31, 2022 | 331.70 Mn |
| Dec 31, 2021 | 114.50 Mn |
| Sep 30, 2021 | 77.06 Mn |
| Jun 30, 2021 | 58.10 Mn |