Starwood Property Trust (STWD) Non Operating Interest Expenses (2010 - 2024)
Starwood Property Trust (STWD) posted Non Operating Interest Expenses of $337.9 million for Q3 2024, down 1.9% on a QoQ basis from $344.4 million in Q2 2024, and down 8.28% year-over-year from $368.4 million in Q4 2023.
Analysis
Starwood Property Trust (STWD) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Starwood Property Trust has reported Non Operating Interest Expenses for 15 years, with the latest figure at $337.9 million in Q3 2024.
- On a quarterly basis, Non Operating Interest Expenses fell 8.28% year-over-year to $337.9 million in Q3 2024; TTM through Sep 2024 was $1.4 billion, a 3.28% increase from a year earlier, with the FY2023 full-year figure at $1.4 billion, up 80.16% from the prior year.
- Non Operating Interest Expenses was $337.9 million for Q3 2024 at Starwood Property Trust, down from $344.4 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $369.1 million in Q4 2023, with the low at $96.0 million in Q3 2020.
- Average Non Operating Interest Expenses over 5 years is $217.7 million, with a median of $152.6 million recorded in 2022.
- The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses fell 22.07% in 2020, then jumped 165.16% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $102.3 million in 2020, then grew by 13.95% to $116.5 million in 2021, then surged by 153.7% to $295.6 million in 2022, then rose by 24.86% to $369.1 million in 2023, then declined by 8.47% to $337.9 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $337.9 million (Q3 2024), $344.4 million (Q2 2024), and $356.0 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 109.65 Mn |
| Mar 31, 2021 | 103.37 Mn |
| Dec 31, 2020 | 102.26 Mn |
| Sep 30, 2020 | 95.98 Mn |
| Jun 30, 2020 | 101.49 Mn |
| Mar 31, 2020 | 120.03 Mn |
| Dec 31, 2019 | 120.78 Mn |