Starwood Property Trust profit margin STWD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 11.4%
- Operating margin, 12 months
- 76.0%
- Net margin on a year earlier
- −9.2 pts
- Peer median
- 12.2%
Over the twelve months to Jun 30, 2026, Starwood Property Trust kept 11.4% of its revenue as net profit, with an operating margin of 76.0%.
Five years earlier its net margin was 42.8%.
The median for 10 specialty REITs of a similar size is 12.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 22.3% | 78.5% |
| FY2024 | 18.5% | 84.9% |
| FY2023 | 16.5% | 83.2% |
| FY2022 | 59.5% | n/a |
| FY2021 | 38.3% | 66.7% |
| FY2020 | 29.2% | 56.7% |
| FY2019 | 42.6% | 61.7% |
| FY2018 | 34.8% | 55.5% |
| FY2017 | 45.5% | 16.4% |
| FY2016 | 46.5% | 17.0% |
| FY2015 | 61.2% | 27.1% |
| FY2014 | 70.4% | 31.1% |
| FY2013 | 55.5% | 32.1% |
| FY2012 | 65.4% | n/a |
| FY2011 | 58.0% | 60.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.4% | −9.2 pts | 76.0% | |
| Q1 FY26 | 18.1% | +0.9 pts | 75.1% | |
| Q4 FY25 | 22.3% | +3.8 pts | 78.5% | |
| Q3 FY25 | 20.3% | +1.5 pts | 80.7% | |
| Q2 FY25 | 20.6% | +3.5 pts | 77.9% | |
| Q1 FY25 | 17.3% | −3.9 pts | 84.1% | |
| Q4 FY24 | 18.5% | +1.9 pts | 84.9% | |
| Q3 FY24 | 18.8% | −1.8 pts | 81.7% | |
| Q2 FY24 | 17.0% | −13.0 pts | 83.7% | |
| Q1 FY24 | 21.2% | −14.8 pts | 87.8% | |
| Q4 FY23 | 16.5% | −43.0 pts | 83.2% | |
| Q3 FY23 | 20.6% | −42.7 pts | 77.5% |
Against its peers
Companies in REIT - Specialty nearest Starwood Property Trust's size, closest first, today.
| Company | Profit margin |
|---|---|
| STWDStarwood Property Trust | 11.4% |
| PECOPhillips Edison | 19.1% |
| KRGKite Realty Group Trust | 41.8% |
| SBRASabra Health Care REIT | 7.6% |
| KRCKilroy Realty | 1.7% |
| EPREPR Properties | 35.5% |
| APLEApple Hospitality REIT | 12.2% |
| HHHHoward Hughes | 12.3% |
| RITMRithm Capital | 9.0% |
| OUTOUTFRONT Media | 12.7% |
| RYNRayonier | 7.8% |
| Peer median | 12.2% |
Where Starwood Property Trust ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Starwood Property Trust
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.