| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 512.46 | 22.6% |
| Total Income | 512.46 | 22.6% |
| Expenditure | 480.31 | 25.0% |
| PBT | 53.48 | 55.4% |
| Net Profit | 51.88 | 53.8% |
| OPM | — | |
| NPM | 10.12% | 16.72pp |
| EPS | 0.13 | 60.6% |
Starwood Property Trust Reports Q1 2026 GAAP Earnings of $0.13 per Share
08 May 2026 · 8 May, 4:26 pm
Summary
Starwood Property Trust announced its operating results for the fiscal quarter ended March 31, 2026. The company reported GAAP net income of $51.9 million and Distributable Earnings of $147.3 million. They invested $2.5 billion during the quarter and $1.5 billion after the quarter ended. Management remains focused on growing earnings through disciplined origination and balance sheet optimization.
Key Highlights
- 1
Starwood Property Trust reported first quarter GAAP net income of $51.9 million.
- 2
Distributable Earnings (DE) for the quarter was $147.3 million.
- 3
The company invested $2.5 billion during the quarter and an additional $1.5 billion after quarter end.
- 4
Starwood Property Trust has maintained a dividend of $0.48 per share for over a decade.
- 5
The company completed its seventh infrastructure CLO at a record tight credit spread during the quarter.
Management Comments
Barry Sternlicht
In a period of broad global volatility, we believe real estate and infrastructure credit is an attractive and relatively stable place to invest capital. To that point, we remain active with $4.0 billion invested across our diversified portfolio year to date. As we move through 2026, we are focused on growing our earnings through disciplined origination, continued balance sheet optimization, and the best returning resolution of what we refer to as legacy assets.
Jeffrey DiModica
Starwood Property Trust’s access to capital across multiple markets remains a defining advantage of our platform. During the quarter, we completed our seventh infrastructure CLO at a record tight credit spread, refinanced an existing ABS transaction at meaningfully lower cost, and, subsequent to quarter-end, closed a new net lease warehouse facility at attractive terms. Our proven ability to optimize the right side of our balance sheet has allowed us to continuously invest across cylinders regardless of market environment.
Informational and educational content only. Not investment advice.