Starwood Property Trust (STWD) Operating Margin (2010 - 2018)
Starwood Property Trust's (STWD) quarterly Operating Margin came in at 18.66% in Q3 2018, up 166.0% year-on-year from 7.02% in Q3 2017, and up 186.19% quarter-over-quarter from 6.52% in Q2 2018.
Starwood Property Trust (STWD) Operating Margin (2010 - 2018) Analysis & Trends
Starwood Property Trust's Operating Margin history runs 9 years deep, the most recent figure standing at 18.66% for Q3 2018.
- On a quarterly basis, Operating Margin rose 166.0% year-over-year to 18.66% in Q3 2018; TTM through Sep 2018 was 14.19%, a 100.0% decrease from a year earlier, with the FY2017 full-year figure at 16.44%, down 58.0% from the prior year.
- Operating Margin grew to 18.66% in Q3 2018 per STWD's latest filing, from 6.52% in the prior quarter.
- Across five years, Operating Margin topped out at 33.63% in Q3 2014 and bottomed at 6.52% in Q2 2018.
- The 5-year median for Operating Margin is 18.93% (2017), against an average of 21.58%.
- Across the five-year window, Operating Margin slumped 2052 bps in 2014 and jumped 656 bps in 2017, its largest moves.
- Year by year, Operating Margin stood at 28.97% in 2014, then plunged by 41 bps to 17.2% in 2015, then sank by 61 bps to 6.7% in 2016, then jumped by 98 bps to 13.26% in 2017, then soared by 41 bps to 18.66% in 2018.
- Per Business Quant, the three latest STWD Operating Margin figures stand at 18.66% (Q3 2018), 6.52% (Q2 2018), and 18.1% (Q1 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating 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 | - | - |
| 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 | - | - |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2018 | 18.66% |
| Jun 30, 2018 | 6.52% |
| Mar 31, 2018 | 18.10% |
| Dec 31, 2017 | 13.26% |
| Sep 30, 2017 | 17.01% |
| Jun 30, 2017 | 18.93% |
| Mar 31, 2017 | 17.02% |
| Dec 31, 2016 | 6.70% |
| Sep 30, 2016 | 14.00% |
| Jun 30, 2016 | 21.67% |
| Mar 31, 2016 | 25.15% |
| Dec 31, 2015 | 17.20% |
| Sep 30, 2015 | 33.35% |
| Jun 30, 2015 | 25.79% |
| Mar 31, 2015 | 32.11% |
| Dec 31, 2014 | 28.97% |
| Sep 30, 2014 | 33.63% |
| Jun 30, 2014 | 31.08% |
| Mar 31, 2014 | 30.82% |
| Dec 31, 2013 | 32.23% |