Starwood Property Trust Q1 GAAP earnings $0.33 per share; invested $2.3 billion
Starwood Property Trust reported first-quarter 2025 results for the quarter ended March 31, 2025, with GAAP net income of $112.3 million, or $0.33 per diluted share, and Distributable Earnings of $156.3 million, or $0.45 per diluted share. The filing does not give prior-period comparisons, and Distributable Earnings were below the $0.48 per share quarterly dividend the company paid, so shareholders should weigh both the profit and the dividend coverage.
Key points
- GAAP net income attributable to the company was $112.3 million, or $0.33 per diluted share.
- Distributable Earnings were $156.3 million, or $0.45 per diluted share, versus a quarterly dividend of $0.48 per share.
- The company invested $2.3 billion in the quarter, including a record $0.7 billion in infrastructure lending, and closed $1.3 billion after quarter end.
- The company issued $500 million of corporate debt, extending average maturity to 3.7 years, and reported current liquidity of $1.5 billion.
The filing
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 May 09, 2025.
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.