Discontinued — last reported Q3 '24
Property — Interest Expense
Starwood Property Trust Property — Interest Expense decreased by 11.0% to $10.38M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 26.7%, from $14.16M to $10.38M. Over 2 years (FY 2021 to FY 2023), Property — Interest Expense shows relatively stable performance with a -4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher leverage or rising interest rates, which may compress segment margins, while a decrease indicates lower debt levels or successful refinancing.
Detailed definition
This metric represents the total interest costs incurred specifically by the Property segment on its debt obligations. I...
Peer comparison
Comparable to interest expense line items in real estate segments of other REITs or property investment firms.
stwd_segment_property_interest_expenseHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.86M | $17.00M | $10.27M | $6.08M | $7.07M | $9.27M | $11.52M | $12.60M | $13.47M | $14.16M | $14.29M | $13.30M | $11.65M | $10.38M |
| QoQ Change | — | +0.8% | -39.6% | -40.8% | +16.3% | +31.0% | +24.3% | +9.4% | +6.9% | +5.1% | +0.9% | -7.0% | -12.4% | -11.0% |
| YoY Change | — | — | — | — | -58.1% | -45.5% | +12.1% | +107.2% | +90.4% | +52.8% | +24.1% | +5.5% | -13.5% | -26.7% |
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Frequently Asked Questions
- What is Starwood Property Trust's property — interest expense?
- Starwood Property Trust (STWD) reported property — interest expense of $10.38M in Q3 2024.
- How has Starwood Property Trust's property — interest expense changed year-over-year?
- Starwood Property Trust's property — interest expense decreased by 26.7% year-over-year, from $14.16M to $10.38M.
- What is the long-term trend for Starwood Property Trust's property — interest expense?
- Over 2 years (2021 to 2023), Starwood Property Trust's property — interest expense has grown at a -4.7% compound annual growth rate (CAGR), from $59.97M to $54.52M.
- What does property — interest expense mean?
- The total interest costs paid by the Property segment on its debt.