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Starwood Property Trust STWD Infrastructure Lending Segment — Unsecured senior notes, net

Other segment segments

Commercial and Residential Lending Segment
$0
Investing and Servicing Segment
$0
Property Segment
$0

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Other financials

Income statement

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Revenue$512.5M+22.5%
Net income$51.9M-53.8%
EPS (diluted)$0.13-60.6%

Balance sheet

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Cash & equivalents$666.1M-3.8%
Total debt$69.0M+94.1%
Total equity$6.7B+4.1%
Total assets$62.1B-0.1%

Cash flow

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Operating cash flow$93.6M-60.8%
CapEx$219.6M
Free cash flow$488.8M+65.4%

Valuation

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Market cap$6.18B-13.2%
P/E17.6×-1.7×
P/S3.2×-0.8×

Profitability

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Operating margin14.2%
Net margin18.1%+0.9pp
FCF margin25.8%

Returns & leverage

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Return on equity5.4%+0.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Starwood Property Trust in its filing.

Tagged under the XBRL concept us-gaap:UnsecuredDebt.

The official record: Starwood Property Trust’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Starwood Property Trust's infrastructure lending segment — unsecured senior notes, net?
Starwood Property Trust (STWD) reported infrastructure lending segment — unsecured senior notes, net of $0 in Q1 2026.
What does infrastructure lending segment — unsecured senior notes, net mean?
Represents the principal amount of unsecured debt obligations issued by the company that are specifically attributed to the funding requirements of the infrastructure lending segment, net of unamortized discounts or premiums. Unlike secured financing, these notes are not backed by specific collateral, reflecting the segment's creditworthiness and access to capital markets. This is a key component of the segment's long-term capital structure.