Starwood Property Trust (STWD) Tax Rate (2010 - 2026)
Starwood Property Trust (STWD) reported Tax Rate of 29.32% for Q2 2026, up 28.82 percentage points from 0.50% a year earlier and up 36.70 percentage points from the prior quarter.
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Analysis
Starwood Property Trust (STWD) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Starwood Property Trust's Tax Rate came in at 11.55%, up 8.40 percentage points year-over-year; for FY2025, it was 7.65%, up 1.39 percentage points from FY2024.
- Tax Rate has increased for three consecutive years, with a five-year change of +2.42 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 6.26% in FY2024 (+6.43 pp), -0.16% in FY2023 (+6.00 pp), -6.17% in FY2022 (-7.90 pp) and 1.73% in FY2021 (-3.50 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate in data going back to Q2 2010.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +5.46 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 41.16 percentage points); the low point was Q3 2022 (a drop of 32.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -7.38% (Q1 2026), 14.42% (Q4 2025) and 14.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Starwood Property Trust | 5.01 Bn | 3.91 Bn | - | 29.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.32% |
| Dec 31, 2025 | 14.42% |
| Sep 30, 2025 | 14.31% |
| Jun 30, 2025 | 0.50% |
| Mar 31, 2025 | 3.14% |
| Sep 30, 2024 | 12.65% |
| Jun 30, 2024 | 16.96% |
| Mar 31, 2024 | 0.75% |
| Dec 31, 2023 | 17.79% |
| Jun 30, 2023 | 0.54% |
| Jun 30, 2022 | 0.78% |
| Dec 31, 2021 | 2.18% |
| Sep 30, 2021 | 5.07% |
| Mar 31, 2021 | 1.79% |
| Dec 31, 2020 | 10.45% |
| Sep 30, 2020 | 8.27% |
| Dec 31, 2019 | 2.65% |
| Sep 30, 2019 | 2.92% |
| Jun 30, 2019 | 2.60% |
| Mar 31, 2019 | 0.43% |
API Access
Starwood Property Trust Tax Rate 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=tax-rate&ticker=STWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=STWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();