Operating Expenses

Management fees

Starwood Property Trust Management fees increased by 8.2% to $36.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $40.76M to $36.18M. Over 4 years (FY 2021 to FY 2025), Management fees shows a downward trend with a -4.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

Lower fees relative to assets under management are generally preferred, though high fees may be justified by superior performance.

Detailed definition

These are the fees paid to external managers or advisors for the management of the company's assets and operations. This...

Peer comparison

Commonly reported by externally managed REITs and investment funds.

Metric ID: operating_expenses_management_fees

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$29.25M$23.73M$76.06M$55.30M$31.62M$27.36M$41.28M$39.54M$30.98M$27.14M$43.88M$46.01M$30.52M$27.44M$41.21M$40.76M$30.83M$32.24M$33.43M$36.18M
QoQ Change-18.9%+220.6%-27.3%-42.8%-13.5%+50.9%-4.2%-21.7%-12.4%+61.7%+4.9%-33.7%-10.1%+50.2%-1.1%-24.4%+4.6%+3.7%+8.2%
YoY Change+8.1%+15.3%-45.7%-28.5%-2.0%-0.8%+6.3%+16.4%-1.5%+1.1%-6.1%-11.4%+1.0%+17.5%-18.9%-11.2%
Range$23.73M$76.06M
CAGR+4.6%
Avg YoY Growth-3.8%
Median YoY Growth-1.1%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial and Residential Lending Segment$192.00K$185.00K$187.00K$180.00K$177.00K$172.00K$172.00K$32.00K
Infrastructure Lending Segment$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Investing and Servicing Segment$0.00$0.00$0.00
LNR Business Segments$0.00$0.00$0.00$0.00$0.00
Property Segment$0.00$0.00
Total$30.52M$27.44M$41.21M$40.76M$30.83M$32.24M$33.43M$36.18M

LNR Business Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Starwood Property Trust's management fees?
Starwood Property Trust (STWD) reported management fees of $36.18M in Q1 2026.
How has Starwood Property Trust's management fees changed year-over-year?
Starwood Property Trust's management fees decreased by 11.2% year-over-year, from $40.76M to $36.18M.
What is the long-term trend for Starwood Property Trust's management fees?
Over 4 years (2021 to 2025), Starwood Property Trust's management fees has grown at a -4.9% compound annual growth rate (CAGR), from $167.77M to $137.27M.
What does management fees mean?
Fees paid to external parties for managing the company's assets.