STWD
Starwood Property Trust margins
- Stocks
- Real Estate
- NYSE: STWD
- Margins
Recent Starwood Property Trust shows a gross margin of 93.4%, an operating margin of 68.4%, an EBITDA margin of 86.5%, and a net margin of 11.4%. Across the available margins, gross margin advanced the most and net margin weakened the most, by 1.2 and 9.2 percentage points respectively.
STWD margin history
Over the last 3 years, Starwood Property Trust's margins averaged 92.71% gross, 69.58% operating, 92.28% EBITDA, and 18.36% net. For Starwood Property Trust, gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.
STWD margin expansion
The strongest improvement was in gross margin, which increased by 1.2 percentage points, whereas operating margin contracted by 1.6 percentage points, EBITDA margin by 7.4 percentage points, and net margin by 9.2 percentage points.
STWD Gross margin
Over the last 3 years, the average gross margin for Starwood Property Trust was 92.71%. The latest gross margin for Starwood Property Trust is 93.4%, 0.7 percentage points above its three-year average. Starwood Property Trust's gross margin ranged from a low of 92% in Sep 2025 to a high of 93.4% in Jun 2026.
STWD Operating margin
Over the last 3 years, the average operating margin for Starwood Property Trust was 69.58%. Compared with its three-year average, Starwood Property Trust's current operating margin is 68.4% and is 1.2 percentage points below its three-year average. Starwood Property Trust's operating margin ranged from a low of 67.5% in Dec 2024 to a high of 72.4% in Dec 2025.
STWD EBITDA margin
Starwood Property Trust recorded an average EBITDA margin of 92.28% across the last 3 years. Compared with its three-year average, Starwood Property Trust's current EBITDA margin is 86.5% and is 5.8 percentage points below its three-year average. The EBITDA margin for Starwood Property Trust moved between 86.5% in Jun 2026 and 98.1% in Dec 2025.
STWD Net margin
Over the last 3 years, Starwood Property Trust's net margin averaged 18.36%. Right now, Starwood Property Trust's current net margin is 11.4%, which is 7 percentage points below its three-year average. During this period, net margin reached a high of 22.3% in Dec 2025 and a low of 11.4% in Jun 2026.
STWD margin group comparison
With a gross margin of 93.4%, STWD stands above the Real Estate sector and the industry average. Looking at its Real Estate sector average of 62.7%, Starwood Property Trust's gross margin is 49% higher.
STWD margin peer comparison
Frequently asked questions
What is Starwood Property Trust's gross margin?
As of Jun 30, 2026, STWD has a gross margin of 93.4%.
What is Starwood Property Trust's operating margin?
The current operating margin for STWD is 68.4% as of Jun 30, 2026.
What is Starwood Property Trust's EBITDA margin?
The current EBITDA margin for STWD is 86.5% as of Jun 30, 2026.
What is Starwood Property Trust's net margin?
The current net margin for STWD is 11.4% as of Jun 30, 2026.
What are the average margins of STWD?
Looking back over 3 years, STWD recorded average margins of 92.7% gross, 69.6% operating, 92.3% EBITDA, and 18.4% net.
What are the highest historical margins of STWD?
Starwood Property Trust's highest recorded margins during the past 5 years were 93.4% gross in Jun 2026, 72.4% operating in Dec 2025, 113.4% EBITDA in Dec 2022, and 63.3% net in Sep 2022.
What are the lowest historical margins of STWD?
Over the last 5 years, Starwood Property Trust's lowest margins were 84.3% gross in Mar 2022, 53.5% operating in Dec 2021, 84.3% EBITDA in Dec 2021, and 11.4% net in Jun 2026.