Secured Debt
Starwood Property Trust Secured Debt increased by 8.6% to $13.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $12.44B to $13.77B. Over 5 years (FY 2020 to FY 2025), Secured Debt shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.
Detailed definition
This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...
Peer comparison
Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.
secured_debtHistorical Data
| 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 | $9.93B | $11.50B | $12.58B | $11.53B | $13.15B | $13.50B | $14.50B | $14.85B | $14.51B | $13.56B | $13.87B | $12.56B | $12.10B | $11.85B | $11.15B | $12.44B | $13.54B | $14.66B | $12.68B | $13.77B |
| QoQ Change | — | +15.8% | +9.3% | -8.3% | +14.0% | +2.7% | +7.5% | +2.4% | -2.3% | -6.5% | +2.3% | -9.5% | -3.6% | -2.1% | -5.9% | +11.5% | +8.9% | +8.3% | -13.5% | +8.6% |
| YoY Change | — | — | — | — | +32.4% | +17.3% | +15.3% | +28.8% | +10.3% | +0.5% | -4.4% | -15.4% | -16.6% | -12.6% | -19.6% | -0.9% | +11.9% | +23.7% | +13.7% | +10.7% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial and Residential Lending Segment | $8.86B | $8.63B | $7.91B | $8.94B | $9.82B | $9.96B | $8.64B | $9.85B |
| Investing and Servicing Segment | — | — | — | — | — | $498.66M | $517.90M | $596.99M |
| Infrastructure Lending Segment | $809.13M | $796.18M | $760.30M | $961.52M | $1.20B | $1.10B | $719.94M | $587.37M |
| LNR Business Segments | $640.88M | $639.32M | — | $527.36M | $518.08M | — | — | — |
| Property Segment | $478.55M | — | — | — | — | — | $596.91M | — |
| Total | $12.10B | $11.85B | $11.15B | $12.44B | $13.54B | $14.66B | $12.68B | $13.77B |
LNR Business Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Secured Debt at Other Companies
Frequently Asked Questions
- What is Starwood Property Trust's secured debt?
- Starwood Property Trust (STWD) reported secured debt of $13.77B in Q1 2026.
- How has Starwood Property Trust's secured debt changed year-over-year?
- Starwood Property Trust's secured debt increased by 10.7% year-over-year, from $12.44B to $13.77B.
- What is the long-term trend for Starwood Property Trust's secured debt?
- Over 5 years (2020 to 2025), Starwood Property Trust's secured debt has grown at a 4.6% compound annual growth rate (CAGR), from $10.15B to $12.68B.
- What does secured debt mean?
- Debt that is backed by specific assets the company owns.