STWD Q3 2021 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena

STWDStarwood Property Trust, Inc.

$7B

Q3 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$302M+13.0% YoY

Gross Profit

$201M66.6% margin

Operating Income

$71M23.5% margin

Net Income

$127M42.0% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

-$750M

Free Cash Flow

-$755M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$82.0B

Total Liabilities

$77.1B

Stockholders' Equity

$4.5B

Cash & Equivalents

$273M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$302M	$267M	+13.0%
Gross Profit	$201M	$230M	-12.4%
Operating Income	$71M	$0	—
Net Income	$127M	$152M	-16.4%

Revenue Segments

Commercial And Residential Lending Segment

$197M58%

Property Segment

$67M20%

L N R Business Segments

$52M15%

Infrastructure Lending Segment

$22M7%