AI brief of an SEC Form 8-K · Starwood Property Trust (STWD)

Starwood Property Trust reports 2025 GAAP EPS of $1.15 and Distributable EPS of $1.69

Neutral Impact 3 of 5 earnings Written later

Starwood Property Trust reported fourth-quarter and full-year 2025 results, with GAAP net income of $96.9 million for the quarter and $411.5 million for the year. Distributable Earnings, a non-GAAP measure, were $159.5 million for the quarter and $615.5 million for the year. The filing gives no prior-period comparisons or guidance, and management described 2025 as a transition year.

Key points

  • Q4 2025 GAAP EPS of $0.26 and Distributable EPS of $0.42; full-year GAAP EPS of $1.15 and Distributable EPS of $1.69
  • Full-year 2025 GAAP net income of $411.5 million and Distributable Earnings of $615.5 million
  • Invested $12.7 billion in 2025, including $2.5 billion in Q4; record $4.4 billion of capital transactions; current liquidity of $1.4 billion
  • Quarterly dividend of $0.48 per share; webcast and conference call on February 25, 2026 at 10:00 a.m. Eastern Time

The filing

CompanyStarwood Property Trust (STWD)
Form8-K, current report
Filed with the SECFeb 25, 2026, 6:55 AM ET
Accession number0001465128-26-000008

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.