Operating Expenses

Lease Costs

Starwood Property Trust Lease Costs increased by 49.4% to $23.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.1%, from $14.82M to $23.13M. Over 4 years (FY 2021 to FY 2025), Lease Costs shows a downward trend with a -14.1% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026May 8, 2026

How to read this metric

Increasing lease costs may indicate expansion or a shift toward an asset-light strategy, while decreasing costs could signal consolidation or a shift toward asset ownership.

Detailed definition

This metric aggregates the total expenses incurred from leasing arrangements, including operating lease payments, variab...

Peer comparison

Standard across all sectors; peers report this under operating expenses, often broken down in lease-specific disclosures.

Metric ID: wfc_lease_costs

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$30.73M$31.52M$20.68M$9.29M$10.60M$12.21M$12.02M$11.67M$11.47M$11.78M$9.93M$10.34M$12.07M$12.13M$13.69M$14.82M$14.51M$15.99M$15.48M$23.13M
QoQ Change+2.6%-34.4%-55.1%+14.1%+15.2%-1.5%-3.0%-1.7%+2.7%-15.7%+4.1%+16.7%+0.5%+12.8%+8.3%-2.1%+10.2%-3.2%+49.4%
YoY Change-65.5%-61.3%-41.9%+25.6%+8.2%-3.5%-17.4%-11.3%+5.3%+3.0%+37.8%+43.3%+20.2%+31.8%+13.1%+56.1%
Range$9.29M$31.52M
CAGR-5.8%
Avg YoY Growth+2.7%
Median YoY Growth+6.7%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial and Residential Lending Segment$3.41M$3.14M$4.59M$5.52M$4.95M$5.69M$4.86M$13.22M
Investing and Servicing Segment$3.57M$3.07M$2.66M
Infrastructure Lending Segment$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
LNR Business Segments$3.11M$2.94M$2.93M$3.28M$3.63M
Property Segment$5.55M$6.17M
Total$12.07M$12.13M$13.69M$14.82M$14.51M$15.99M$15.48M$23.13M

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 lease costs?
Starwood Property Trust (STWD) reported lease costs of $23.13M in Q1 2026.
How has Starwood Property Trust's lease costs changed year-over-year?
Starwood Property Trust's lease costs increased by 56.1% year-over-year, from $14.82M to $23.13M.
What is the long-term trend for Starwood Property Trust's lease costs?
Over 4 years (2021 to 2025), Starwood Property Trust's lease costs has grown at a -14.1% compound annual growth rate (CAGR), from $111.67M to $60.80M.
What does lease costs mean?
The total expense recognized for renting or leasing assets.