Starwood Property Trust STWD Infrastructure Lending Segment — VIE liabilities, at fair value

Other segment segments

Commercial and Residential Lending Segment

$0—

Investing and Servicing Segment

$0—

Property Segment

$0—

Similar metrics at other companies

AGOFinancial guaranty variable interest entities’ liabilities (includes $152 and $197, at fair value, $178 and $182 with recourse, $16 and $16 without recourse)

$194M—

ACRECollateralized loan obligation securitization debt (consolidated VIEs)

$0-100%

HCIConsolidated Variable Interest Entities — Liabilities

$106.45M+61.2%

VOYABeneficial interest issued by consolidated VIEs

$32M-8.6%

JPMBeneficial interests issued by consolidated VIEs

$27.09B+9.8%

REFIAccounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)

$1.24M-51.1%

Other financials

Income statement

See full

Revenue$512.5M+22.5%

Net income$51.9M-53.8%

EPS (diluted)$0.13-60.6%

Balance sheet

See full

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

See full

Operating cash flow$93.6M-60.8%

CapEx$219.6M—

Free cash flow$488.8M+65.4%

Valuation

See full

Market cap$6.18B-13.2%

P/E17.6×-1.7×

P/S3.2×-0.8×

Profitability

See full

Operating margin14.2%—

Net margin18.1%+0.9pp

FCF margin25.8%—

Returns & leverage

See full

Return on equity5.4%+0.4pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Starwood Property Trust in its filing.

Tagged under the XBRL concept stwd:VariableInterestEntityLiabilities.

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

Ask your AI about Starwood Property Trust's infrastructure lending segment — vie liabilities, at fair value.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Starwood Property Trust's infrastructure lending segment — VIE liabilities, at fair value?: Starwood Property Trust (STWD) reported infrastructure lending segment — VIE liabilities, at fair value of $0 in Q1 2026.
What does infrastructure lending segment — VIE liabilities, at fair value mean?: The fair value of liabilities associated with Variable Interest Entities (VIEs) that are consolidated into the infrastructure lending segment's financial results. These liabilities represent the claims of third-party investors in the VIEs that the company is required to consolidate under accounting standards. It reflects the segment's exposure to structured financing vehicles.