STWD Q3 2024 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena

STWDStarwood Property Trust, Inc.

$7B

Q3 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$488M-8.3% YoY

Gross Profit

$467M95.8% margin

Operating Income

-$23M-4.7% margin

Net Income

$76M15.6% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$242M

Free Cash Flow

$235M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$64.2B

Total Liabilities

$57.0B

Stockholders' Equity

$6.5B

Cash & Equivalents

$358M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$488M	$532M	-8.3%
Gross Profit	$467M	$510M	-8.3%
Operating Income	-$23M	$2M	-1283.1%
Net Income	$76M	$47M	+60.4%

Revenue Segments

Commercial And Residential Lending Segment

$386M74%

Infrastructure Lending Segment

$65M13%

L N R Business Segments

$52M10%

Property Segment

$17M3%