earnings
confidence high
sentiment neutral
materiality 0.65
Starwood Property Trust Q4 GAAP EPS $0.15, Distributable EPS $0.48; Full year GAAP EPS $1.10
STARWOOD PROPERTY TRUST, INC.
2024-FY EPS reported
$1.10
revenue$1,946,843,000
- Q4 GAAP net income $51.6M ($0.15/sh) vs $52.4M credit loss provision; Distributable earnings $166.7M ($0.48/sh).
- Full year 2024 GAAP net income $359.9M ($1.10/sh) with $197.4M credit provision; Distributable earnings $675.0M ($2.02/sh).
- Invested $5.1B in 2024, including $1.6B in Q4; $1.5B deployed after year-end.
- Executed $2.3B corporate debt in Q4, extending average maturity to 3.5 years; current liquidity $1.8B.
- Quarterly dividend maintained at $0.48 per share for 62nd consecutive quarter.