Starwood Property Trust, Inc ( (STWD) ) has released its Q4 earnings. Here is a breakdown of the information Starwood Property Trust, Inc presented to its investors.
Starwood Property Trust, Inc. is a diversified finance company primarily focused on the real estate and infrastructure sectors, managing a substantial portfolio across debt and equity investments. The company recently reported its financial results for the fourth quarter and full year of 2024, showcasing a steady performance despite challenging market conditions.
In the fourth quarter of 2024, Starwood Property Trust achieved a GAAP net income of $51.6 million and Distributable Earnings of $166.7 million. For the full year, the company reported a GAAP net income of $359.9 million and Distributable Earnings of $675.0 million. The company invested $1.6 billion in the fourth quarter and $5.1 billion for the year, with an additional $1.5 billion invested after year-end.
Key financial metrics include a GAAP EPS of $0.15 for the quarter and $1.10 for the year, with a Distributable EPS of $0.48 for the quarter and $2.02 for the year. The company also executed $2.3 billion of corporate debt, extending the average maturity to 3.5 years, and maintained a strong liquidity position with $1.8 billion available. Notably, Starwood Property Trust paid a consistent dividend of $0.48 per share for the 62nd consecutive quarter.
Looking ahead, Starwood Property Trust is poised to increase its investment pace in 2025, leveraging its significant liquidity and access to capital. The management remains confident in the company’s ability to grow across its diverse investment segments, aiming to capitalize on market opportunities and deliver stable returns to shareholders.