Starwood Property Trust (STWD) Other Working Capital Changes (2010 - 2026)
Starwood Property Trust (STWD) reported Other Working Capital Changes of $24.9 million for Q2 2026, up 9.9% from $22.67 million a year earlier and up 240.7% from the prior quarter.
Starwood Property Trust (STWD) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Starwood Property Trust's Other Working Capital Changes came in at -$24.47 million; for FY2025, it came in at -$23.15 million.
- By year, Other Working Capital Changes came in at $76.25 million in FY2024 (+15.9%), $65.78 million in FY2023, -$44.12 million in FY2022 and $28.44 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Other Working Capital Changes since Q4 2024.
- Year over year, Other Working Capital Changes gained in three of the last five quarters, with an average decline of 12.2%.
- The high point for year-over-year Other Working Capital Changes in five years was Q1 2022 (growth of 229.9%); the low point was Q1 2024 (a decline of 89.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.31 million (Q1 2026), $12.97 million (Q4 2025) and -$69.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Starwood Property Trust | 5.33 Bn | 4.22 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.90 Mn |
| Mar 31, 2026 | 7.31 Mn |
| Dec 31, 2025 | 12.97 Mn |
| Sep 30, 2025 | -69.65 Mn |
| Jun 30, 2025 | 22.67 Mn |
| Mar 31, 2025 | 10.86 Mn |
| Dec 31, 2024 | 93.87 Mn |
| Sep 30, 2024 | 5.17 Mn |
| Jun 30, 2024 | -32.67 Mn |
| Mar 31, 2024 | 9.88 Mn |
| Dec 31, 2023 | 67.88 Mn |
| Sep 30, 2023 | -20.07 Mn |
| Jun 30, 2023 | -71.70 Mn |
| Mar 31, 2023 | 89.67 Mn |
| Dec 31, 2022 | -244.61 Mn |
| Sep 30, 2022 | 139.87 Mn |
| Jun 30, 2022 | -3.60 Mn |
| Mar 31, 2022 | 64.23 Mn |
| Dec 31, 2021 | 1.20 Mn |
| Sep 30, 2021 | -4.90 Mn |
Starwood Property Trust Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=STWD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "STWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=STWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();