STWD Q3 2023 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena

STWDStarwood Property Trust, Inc.

$7B

Q3 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$532M+31.7% YoY

Gross Profit

$510M95.8% margin

Operating Income

$2M0.4% margin

Net Income

$47M8.9% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$356M

Free Cash Flow

$351M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$70.3B

Total Liabilities

$63.2B

Stockholders' Equity

$6.3B

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$532M	$404M	+31.7%
Gross Profit	$510M	$298M	+71.0%
Operating Income	$2M	$368M	-99.5%
Net Income	$47M	$192M	-75.2%

Revenue Segments

Commercial And Residential Lending Segment

$437M77%

Infrastructure Lending Segment

$59M10%

L N R Business Segments

$45M8%

Property Segment

$24M4%