Non-Current Liabilities
Unsecured debt
Starwood Property Trust Unsecured debt increased by 0.1% to $4.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.1%, from $2.75B to $4.29B. Over 5 years (FY 2020 to FY 2025), Unsecured debt shows an upward trend with a 19.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 8, 2026
How to read this metric
Higher levels indicate reliance on corporate credit, which is generally favorable for operational flexibility but requires strong credit ratings.
Detailed definition
This represents debt obligations that are not backed by specific collateral, relying instead on the company's general cr...
Peer comparison
Common for large-cap REITs with strong balance sheets; smaller peers may rely more on secured debt.
Metric ID:
non_current_liabilities_unsecured_debtHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.74B | $1.73B | $1.83B | $2.32B | $2.32B | $2.33B | $2.33B | $2.33B | $2.08B | $2.46B | $2.16B | $2.75B | $2.75B | $2.76B | $2.99B | $2.75B | $3.24B | $3.25B | $4.28B | $4.29B |
| QoQ Change | — | -0.2% | +5.5% | +27.0% | +0.1% | +0.1% | +0.1% | +0.1% | -10.6% | +17.9% | -12.1% | +27.5% | +0.1% | +0.1% | +8.6% | -8.3% | +18.0% | +0.1% | +32.0% | +0.1% |
| YoY Change | — | — | — | — | +33.8% | +34.2% | +27.4% | +0.4% | -10.4% | +5.6% | -7.3% | +18.0% | +32.2% | +12.2% | +38.7% | -0.2% | +17.7% | +17.7% | +43.0% | +56.1% |
Range$1.73B – $4.29B
CAGR+20.9%
Avg YoY Growth+20.0%
Median YoY Growth+17.9%
Current Streak4 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial and Residential Lending Segment | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 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 | $0.00 |
| Property Segment | $0.00 | — | — | — | — | — | $0.00 | — |
| Total | $2.75B | $2.76B | $2.99B | $2.75B | $3.24B | $3.25B | $4.28B | $4.29B |
Unsecured debt at Other Companies
Frequently Asked Questions
- What is Starwood Property Trust's unsecured debt?
- Starwood Property Trust (STWD) reported unsecured debt of $4.29B in Q1 2026.
- How has Starwood Property Trust's unsecured debt changed year-over-year?
- Starwood Property Trust's unsecured debt increased by 56.1% year-over-year, from $2.75B to $4.29B.
- What is the long-term trend for Starwood Property Trust's unsecured debt?
- Over 5 years (2020 to 2025), Starwood Property Trust's unsecured debt has grown at a 19.8% compound annual growth rate (CAGR), from $1.73B to $4.28B.
- What does unsecured debt mean?
- Debt that is not tied to specific property collateral, based on the company's credit reputation.