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Growth Metrics

Starwood Property Trust (STWD) Operating Expenses (2016 - 2025)

Starwood Property Trust has reported Operating Expenses over the past 15 years, most recently at $482.4 million for Q4 2025.

  • Quarterly results put Operating Expenses at $482.4 million for Q4 2025, up 0.71% from a year ago — trailing twelve months through Dec 2025 was $1.8 billion (down 9.86% YoY), and the annual figure for FY2025 was $1.8 billion, down 9.86%.
  • Operating Expenses for Q4 2025 was $482.4 million at Starwood Property Trust, down from $489.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for STWD hit a ceiling of $583.5 million in Q2 2023 and a floor of $225.9 million in Q2 2021.
  • Median Operating Expenses over the past 5 years was $454.7 million (2024), compared with a mean of $406.4 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 122.44% in 2023 and later fell 24.56% in 2025.
  • Starwood Property Trust's Operating Expenses stood at $298.9 million in 2021, then surged by 43.93% to $430.2 million in 2022, then rose by 18.54% to $509.9 million in 2023, then dropped by 6.06% to $479.0 million in 2024, then rose by 0.71% to $482.4 million in 2025.
  • The last three reported values for Operating Expenses were $482.4 million (Q4 2025), $489.4 million (Q3 2025), and $430.5 million (Q2 2025) per Business Quant data.