earnings
confidence high
sentiment positive
materiality 0.60
Starwood REIT reports same property NOI up 5.1% YoY to $927M for FY2024
Starwood Real Estate Income Trust, Inc.
2025-Q1 EPS reported
-$0.44
revenue$400,265,000
- Net loss widened to $724.2M in 2024 from $675.5M in 2023.
- Same property NOI rose $44.9M (5.1%) to $926.9M, driven by portfolio operations.
- Non-cash charges: impairment $150.4M, depreciation $742.2M, interest expense $641.4M.
- Total NOI (GAAP-adjusted) was $988.0M, down from $1,013.3M in 2023.
- Non-same property NOI declined to $61.1M from $131.3M as acquisitions slowed.