STWD Q1 2021 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena

STWDStarwood Property Trust, Inc.

$7B

Q1 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$287M-8.2% YoY

Gross Profit

$185M64.5% margin

Operating Income

$54M18.9% margin

Net Income

$109M38.1% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$271M

Free Cash Flow

$267M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$79.7B

Total Liabilities

$74.8B

Stockholders' Equity

$4.5B

Cash & Equivalents

$351M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$287M	$313M	-8.2%
Gross Profit	$185M	$154M	+20.0%
Operating Income	$54M	$0	—
Net Income	$109M	-$67M	+263.9%

Revenue Segments

Commercial And Residential Lending Segment

$191M60%

Property Segment

$65M20%

L N R Business Segments

$45M14%

Infrastructure Lending Segment

$19M6%