Starwood Real Estate Income Trust, Inc. (SWDR) Operating Margin (2019 - 2026)
Starwood Real Estate Income Trust (SWDR) posted Operating Margin of 63.36% for Q2 2026, up 2.12 percentage points from 61.24% a year earlier but down 0.21 percentage points from the prior quarter.
Starwood Real Estate Income Trust, Inc. (SWDR) Operating Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Starwood Real Estate Income Trust was 62.07%, up 0.31 percentage points year-over-year; for FY2025, it was 61.07%, down 1.44 percentage points from FY2024.
- Annual Operating Margin has declined for four consecutive years, with a five-year change of -2.93 percentage points (FY2020 to FY2025).
- In prior years, Starwood Real Estate Income Trust's Operating Margin was 62.51% in FY2024 (-1.17 pp), 63.69% in FY2023 (-2.21 pp), 65.90% in FY2022 (-2.36 pp) and 68.25% in FY2021 (+4.25 pp).
- Quarterly Operating Margin has run from a low of 57.31% in Q4 2023 to a high of 75.78% in Q3 2022 over five years.
- On a year-over-year basis, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of -0.13 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2024, with a gain of 6.02 percentage points; the weakest was Q3 2023, with a drop of 9.73 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 63.57% (Q1 2026), 61.83% (Q4 2025) and 59.50% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.36% |
| Mar 31, 2026 | 63.57% |
| Dec 31, 2025 | 61.83% |
| Sep 30, 2025 | 59.50% |
| Jun 30, 2025 | 61.24% |
| Mar 31, 2025 | 61.70% |
| Dec 31, 2024 | 63.33% |
| Sep 30, 2024 | 60.75% |
| Jun 30, 2024 | 59.73% |
| Mar 31, 2024 | 66.25% |
| Dec 31, 2023 | 57.31% |
| Sep 30, 2023 | 66.04% |
| Jun 30, 2023 | 67.14% |
| Mar 31, 2023 | 63.96% |
| Dec 31, 2022 | 57.62% |
| Sep 30, 2022 | 75.78% |
| Jun 30, 2022 | 68.59% |
| Mar 31, 2022 | 60.91% |
| Dec 31, 2021 | 65.23% |
| Sep 30, 2021 | 71.71% |
Starwood Real Estate Income Trust, Inc. Operating Margin 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=operating-margin&ticker=SWDR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SWDR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SWDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();