Starwood Property Trust, Inc. balance sheet
At the end of fiscal 2025, Starwood Property Trust, Inc. had total assets of $63.18bn, total liabilities of $55.69bn and shareholders' equity of $6.80bn. It held $499m in cash against $16.96bn of debt.
Balance sheet
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.1 | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | 0.4 | 0.2 | 0.5 | 0.6 | 0.2 | 0.3 | 0.2 | 0.4 | 0.5 | 0.4 |
| Goodwill | — | — | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Total assets | 3.0 | 4.3 | 110.8 | 116.1 | 85.7 | 77.3 | 62.9 | 68.3 | 78.0 | 80.9 | 83.9 | 79.0 | 69.5 | 62.6 | 63.2 | 61.0 |
| Long-term debt | — | — | — | 1.4 | 1.3 | 2.0 | 2.1 | 2.0 | 1.9 | 1.7 | 1.8 | — | — | — | — | — |
| Total debt | 1.1 | 1.3 | 2.3 | 3.1 | 4.0 | 4.2 | 5.8 | 10.7 | 10.8 | 11.9 | 14.4 | 16.8 | 16.0 | 14.1 | 17.0 | 18.9 |
| Total liabilities | 1.2 | 1.5 | 106.4 | 112.2 | 81.5 | 72.7 | 58.4 | 63.4 | 72.9 | 76.0 | 77.2 | 71.8 | 62.5 | 55.4 | 55.7 | 53.9 |
| Shareholders' equity | 1.8 | 2.7 | 4.3 | 3.9 | 4.1 | 4.5 | 4.5 | 4.6 | 4.7 | 4.5 | 6.1 | 6.5 | 6.3 | 6.4 | 6.8 | 6.5 |
| Shares outstanding | 93m | 135m | 196m | 224m | 237m | 259m | 261m | 276m | 282m | 285m | 305m | 311m | 313m | 337m | 371m | 371m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Total assets | 64.2 | 62.6 | 62.2 | 62.4 | 62.4 | 63.2 | 62.1 | 61.0 |
| Total liabilities | 57.0 | 55.4 | 55.0 | 55.2 | 54.9 | 55.7 | 54.7 | 53.9 |
| Shareholders' equity | 6.5 | 6.4 | 6.4 | 6.4 | 6.9 | 6.8 | 6.7 | 6.5 |
| Shares outstanding | 337m | 337m | 339m | 342m | 370m | 371m | 371m | 371m |
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