earnings
confidence high
sentiment positive
materiality 0.80
Starwood Property Trust Q4 GAAP EPS $0.44, DE $0.50; FY22 GAAP EPS $2.74, DE $2.28
STARWOOD PROPERTY TRUST, INC.
2022-FY EPS reported
$2.74
revenue$1,464,716,000
- Q4 GAAP net income $140.0M ($0.44/diluted share); Distributable Earnings $160.5M ($0.50/share).
- Full-year 2022 GAAP net income $871.5M ($2.74/diluted share); DE $726.3M ($2.28/share).
- Undepreciated book value per share rose $0.96 YoY to $21.70; total assets $28.3B.
- 2022 investment activity $10.7B, including $5.3B in CRE lending; Q4 activity $1.2B.
- Liquidity $1.1B; Woodstar Fund fair value increased $555M in 2022; dividend $0.48/share.