Starwood Property Trust, Inc. STWD
The following description of our business should be read in conjunction with the information included elsewhere in this Form 10‑K for the year ended December 31, 2025. 10-K, Item 1
- Headquarters
- Miami Beach, FL
- CEO
- Barry S. Sternlicht
- Next results
- around Feb 24, 2027
STWD among Real estate peers
Six ratios from the latest 10-K. Each corner is the share of 89 peers the company is above, not a score.
What changed
10 new risk paragraphs. 10-K filed Feb 25, 2026 against Feb 27, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
9 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 9 checks found nothing to note
-
Cash from operations $977.9M vs net income $411.5M (FY ending Dec 31, 2025)
-
Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
-
No statement of substantial doubt about going concern
6 more checks with nothing to note
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
No longer listed: Tab l e of Contents
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
10 paragraphs in Risk Factors that were not in the 10-K filed Feb 27, 2025. Quoted as filed.
-
Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
We utilize artificial intelligence tools in a limited and controlled manner, which may expose us to certain risks and could adversely affect our business. We utilize artificial intelligence tools, including generative artificial intelligence and machine learning technologies (“AI”), on a limited basis to support certain operational,…
New risk paragraphs, against peers
Latest 10-K of each, Real estate companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $1.5B | $2.0B | $1.9B | $1.8B |
| Net income | $871.5M | $339.2M | $359.9M | $411.5M |
| Operating cash flow | $213.7M | $528.6M | $646.6M | $977.9M |
| Free cash flow | $528.6M | $646.6M | $99.4M |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$1.8B ▼ 5.3% in FY2025$411.5M ▲ 14.3% in FY2025$99.4M ▼ 84.6% in FY2025
Recent filings
4 filings in the last 30 days · SEC EDGAR
-
BuyNov 13, 2026STERNLICHT BARRY S (CEO, Chairman of the Board) bought $14.7M open-market purchase on Nov 11, 2026
-
BuyNov 13, 2026Pollack Jonathan Lee (Director) bought $2.0M open-market purchase on Nov 11, 2026
-
8-KNov 6, 2026Quarterly results 8-K item 2.02
-
10-QNov 6, 2026Quarterly report (10-Q) period ended Sep 30, 2026
About the company
Starwood Property Trust, Inc., Miami Beach, FL · from the 10-K filed Feb 25, 2026
The following description of our business should be read in conjunction with the information included elsewhere in this Form 10‑K for the year ended December 31, 2025. This discussion contains forward‑looking statements that involve risks and uncertainties. Actual results could differ significantly from the results discussed in the forward‑looking statements due to the factors set forth in “Risk Factors” and elsewhere in this Form 10‑K. References in this Form 10‑K to “we,” “our,” “us,” or the “Company” refer to Starwood Property Trust, Inc. and its subsidiaries.
- Headquarters
- Miami Beach, FL
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 6, 2026
Email alerts
Sources
The 10-K filed Feb 25, 2026 (open at SEC), compared with the 10-K filed Feb 27, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/STWD/export.csv") into a cell.