Business
Starwood Property Trust Reports Results for the Quarter and Year Ended December 31, 2025
Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2025. The Company delivered fourth quarter GAAP net income of $96.9 million, and Distributable Earnings (a non-GAAP financial measure) was $159.5 million. The Company's full year GAAP net income was $411.5 million, and Distributable Earnings was $615.5 million.
About this update from Starwood Property Trust Inc.
[{"type":"text","content":"– GAAP EPS of $0.26 for the Quarter and $1.15 for the Year and Distributable EPS for the Quarter of $0.42 and $1.69 for the Year –","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"– Invested $12.7 Billion for the Year, Including $2.5 Billion in the Quarter; Second Largest Investment Year –","length":110,"tagName":"p","attribs":{}},{"type":"text","content":"– Executed a Record $4.4 Billion of Capital Transactions in 2025 –","length":71,"tagName":"p","attribs":{}},{"type":"text","content":"– Current Liquidity of $1.4 Billion –","length":37,"tagName":"p","attribs":{}},{"type":"text","content":"– Consistent Dividend of $0.48 per Share for Over a Decade –","length":60,"tagName":"p","attribs":{}},{"type":"text","content":"MIAMI BEACH, Fla., Feb. 25, 2026 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2025. The Company delivered fourth quarter GAAP net income of $96.9 million, and Distributable Earnings (a non-GAAP financial measure) was $159.5 million. The Company's full year GAAP net income was $411.5 million, and Distributable Earnings was $615.5 million.","length":467,"tagName":"p"},{"type":"text","content":""2025 was a transition year for Starwood Property Trust. The good news is that the pieces remain in place to outperform for our shareholders in the long run. Our core businesses are positioned and are performing exceptionally well with notable progress across global commercial lending, infrastructure lending, conduit and special servicing, each delivering incredibly strong results for the year. Additionally, our residential lending portfolio increased in value over the year with the decline in rates," said Barry Sternlicht, Chairman and CEO of Starwood Property Trust.","length":584,"tagName":"p"},{"type":"text","content":""As major STWD shareholders ourselves, we have chosen to take the long view of how best to earn stable and attractive long-term returns for our shareholders. In this vein, despite the dilution we knew we would experience when we acquired the Fundamental net lease business, we were excited to add an earnings generator with reliable cash flows, driven by more than 17 years of lease duration and 2.3% contractual rent increases each year, which will be...