Business Segments · Costs of rental operations

Property Segment — Costs of rental operations

Starwood Property Trust Property Segment — Costs of rental operations decreased by 3.9% to $7.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.6%, from $6.02M to $7.26M. Over 4 years (FY 2021 to FY 2025), Property Segment — Costs of rental operations shows a downward trend with a -27.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 8, 2026
Rolls up toLease Costs

How to read this metric

Lower costs relative to rental income indicate higher property-level margins and operational efficiency.

Detailed definition

Direct costs associated with maintaining and operating the properties within the segment, including property taxes, insu...

Peer comparison

Standard operating expense for any entity managing rental real estate.

Metric ID: stwd_segment_property_segment_costs_of_rental_operations

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$25.92M$26.63M$15.67M$5.00M$5.22M$5.79M$5.86M$5.55M$5.45M$6.04M$5.77M$5.71M$5.55M$6.06M$6.17M$6.02M$5.93M$6.73M$7.55M$7.26M
QoQ Change+2.7%-41.2%-68.1%+4.3%+11.1%+1.1%-5.3%-1.9%+10.9%-4.4%-1.1%-2.8%+9.2%+1.9%-2.5%-1.5%+13.4%+12.3%-3.9%
YoY Change-79.9%-78.2%-62.6%+11.0%+4.4%+4.2%-1.5%+2.8%+1.8%+0.3%+7.0%+5.4%+6.9%+11.0%+22.3%+20.6%
Range$5.00M$26.63M
CAGR-23.5%
Avg YoY Growth-7.8%
Median YoY Growth+4.3%

Frequently Asked Questions

What is Starwood Property Trust's property segment — costs of rental operations?
Starwood Property Trust (STWD) reported property segment — costs of rental operations of $7.26M in Q1 2026.
How has Starwood Property Trust's property segment — costs of rental operations changed year-over-year?
Starwood Property Trust's property segment — costs of rental operations increased by 20.6% year-over-year, from $6.02M to $7.26M.
What is the long-term trend for Starwood Property Trust's property segment — costs of rental operations?
Over 4 years (2021 to 2025), Starwood Property Trust's property segment — costs of rental operations has grown at a -27.0% compound annual growth rate (CAGR), from $92.19M to $26.23M.
What does property segment — costs of rental operations mean?
Direct expenses related to maintaining and operating rental properties.