STWDSTARWOOD PROPERTY TRUST, INC.
Real Estate Investment Trusts
- Revenue
- $1.8B
- 5.3% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $4.5B
- Employees
- 324
- $6M revenue each
- Net debt / EBITDA
- —
- $2.0B net debt
- AI in 10-K
- 1.7
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo238% of net incomeCash flow under 80% of net income
- Dilutive SBCNo3% of revenueOver 10% of revenue
- Payouts exceed cash flowNo68% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo91% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$6M · 88th pctBottom quartile of its SIC industry
- Quiet on AINo1.7 per 10K words · 50th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo8.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$4.5B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$120K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $2.0B | $1.9B | $1.8B | 5.3% |
| Net income | $448M | $871M | $339M | $360M | $412M | 14% |
| Operating cash flow | −$990M | $214M | $529M | $647M | $978M | 51% |
| Capex | — | — | $0 | $0 | $878M | |
| Stock-based comp | $74M | $65M | $53M | $59M | $61M | 2.6% |
| Buybacks | $0 | $0 | — | — | — | |
| Dividends | $554M | $591M | $601M | $620M | $669M | 7.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $120K · 1
- Net
- −$120K
Pay vs performance
No pay-versus-performance disclosure yet.