STWDStarwood Property Trust, Inc.

$7B

Q2 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$490M-5.9% YoY

Gross Profit

$437M89.2% margin

Operating Income

$452M92.4% margin

Net Income

$78M15.9% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-20.4%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$45M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$64.1B

Total Liabilities

$57.1B

Stockholders' Equity

$6.2B

Cash & Equivalents

$259M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$490M	$520M	-5.9%
Gross Profit	$437M	$396M	+10.4%
Operating Income	$452M	-$68M	+767.4%
Net Income	$78M	$169M	-53.9%

Revenue Segments

Commercial And Residential Lending Segment

$394M74%

Infrastructure Lending Segment

$65M12%

L N R Business Segments

$56M10%

Property Segment

$16M3%

STWD Q2 2024 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena