STWD Q4 2023 Earnings — Starwood Property Trust, Inc. Revenue & Financial Results | Market Cap Arena

STWDStarwood Property Trust, Inc.

$7B

Q4 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$518M+7.9% YoY

Gross Profit

$451M87.1% margin

Operating Income

$421M81.3% margin

Net Income

$71M13.7% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$6M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$69.5B

Total Liabilities

$62.5B

Stockholders' Equity

$6.3B

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$518M	$480M	+7.9%
Gross Profit	$451M	$250M	+80.6%
Operating Income	$421M	$0	—
Net Income	$71M	$140M	-49.3%

Revenue Segments

Commercial And Residential Lending Segment

$426M76%

Infrastructure Lending Segment

$64M11%

L N R Business Segments

$48M9%

Property Segment

$23M4%