Starwood Property Trust annual free cash flow
2011
2012
2013
2014
2015
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2017
2018
2019
2020
2021
2022
2023
2024
2025
Starwood Property Trust Free Cash Flow (FCF) History (STWD)
Starwood Property Trust reported $99.4M in free cash flow for fiscal 2025, a decrease of 84.63% from the previous fiscal year, with a free cash flow margin of 5.39%.
View full Starwood Property Trust company overviewStarwood Property Trust free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $99.4M | −$547.2M | −84.63% | +5.39% |
| 2024 | 2024-12-31 | $646.6M | $118.0M | +22.32% | +33.21% |
| 2023 | 2023-12-31 | $528.6M | $340.1M | +180.40% | +25.79% |
| 2022 | 2022-12-31 | $188.5M | $1.20B | — | +12.87% |
| 2021 | 2021-12-31 | −$1.02B | −$2.04B | — | −86.85% |
| 2020 | 2020-12-31 | $1.02B | $1.06B | — | +89.81% |
| 2019 | 2019-12-31 | −$44.1M | −$574.8M | — | −3.68% |
| 2018 | 2018-12-31 | $530.7M | $1.35B | — | +47.84% |
| 2017 | 2017-12-31 | −$820.8M | −$1.36B | — | −93.28% |
| 2016 | 2016-12-31 | $540.7M | −$63.1M | −10.45% | +68.90% |
| 2015 | 2015-12-31 | $603.8M | $420.9M | +230.23% | +82.05% |
| 2014 | 2014-12-31 | $182.8M | −$141.3M | −43.60% | +26.01% |
| 2013 | 2013-12-31 | $324.2M | $73.4M | +29.27% | +58.99% |
| 2012 | 2012-12-31 | $250.8M | $182.9M | +269.69% | +81.60% |
| 2011 | 2011-12-31 | $67.8M | — | — | +32.85% |
Starwood Property Trust quarterly free cash flow
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Q3.14
Q1.15
Q3.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
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
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | −$96.4M | −$141.0M | — | −21.69% |
| Q1 2025 | 2025-03-31 | $233.1M | $182.8M | +362.80% | +55.75% |
| Q4 2024 | 2024-12-31 | $274.6M | $282.4M | — | +60.44% |
| Q3 2024 | 2024-09-30 | $235.0M | −$116.0M | −33.04% | +49.01% |
| Q2 2024 | 2024-06-30 | $44.6M | −$135.8M | −75.25% | +9.12% |
| Q1 2024 | 2024-03-31 | $50.4M | $84.8M | — | +9.63% |
| Q4 2023 | 2023-12-31 | −$7.8M | $631.1M | — | −1.49% |
| Q3 2023 | 2023-09-30 | $351.0M | $197.6M | +128.73% | +67.31% |
| Q2 2023 | 2023-06-30 | $180.4M | −$345.8M | −65.71% | +34.99% |
| Q1 2023 | 2023-03-31 | −$34.4M | −$182.2M | — | −7.01% |
| Q4 2022 | 2022-12-31 | −$638.9M | −$101.7M | — | −140.55% |
| Q3 2022 | 2022-09-30 | $153.5M | $908.4M | — | +39.30% |
| Q2 2022 | 2022-06-30 | $526.2M | $517.5M | +5941.30% | +161.62% |
| Q1 2022 | 2022-03-31 | $147.8M | −$119.5M | −44.71% | +50.26% |
| Q4 2021 | 2021-12-31 | −$537.2M | −$1.05B | — | −185.44% |
| Q3 2021 | 2021-09-30 | −$755.0M | −$507.4M | — | −249.76% |
| Q2 2021 | 2021-06-30 | $8.7M | −$563.4M | −98.48% | +2.99% |
| Q1 2021 | 2021-03-31 | $267.3M | $83.6M | +45.50% | +93.05% |
| Q4 2020 | 2020-12-31 | $512.2M | −$36.5M | −6.66% | +176.26% |
| Q3 2020 | 2020-09-30 | −$247.6M | −$148.1M | — | −92.59% |
| Q2 2020 | 2020-06-30 | $572.1M | $964.2M | — | +215.41% |
| Q1 2020 | 2020-03-31 | $183.7M | $284.9M | — | +58.77% |
| Q4 2019 | 2019-12-31 | $548.7M | $147.9M | +36.90% | +191.57% |
| Q3 2019 | 2019-09-30 | −$99.5M | −$413.8M | — | −34.51% |
| Q2 2019 | 2019-06-30 | −$392.0M | −$122.3M | — | −125.98% |
| Q1 2019 | 2019-03-31 | −$101.2M | −$186.6M | — | −32.61% |
| Q4 2018 | 2018-12-31 | $400.8M | $434.4M | — | +136.59% |
| Q3 2018 | 2018-09-30 | $314.3M | $731.0M | — | +110.02% |
| Q2 2018 | 2018-06-30 | −$269.8M | −$97.7M | — | −100.08% |
| Q1 2018 | 2018-03-31 | $85.3M | $283.8M | — | +32.75% |
| Q4 2017 | 2017-12-31 | −$33.6M | −$383.3M | — | −13.83% |
| Q3 2017 | 2017-09-30 | −$416.6M | −$464.6M | — | −183.73% |
| Q2 2017 | 2017-06-30 | −$172.1M | −$186.8M | — | −81.34% |
| Q1 2017 | 2017-03-31 | −$198.5M | −$326.7M | — | −99.87% |
| Q4 2016 | 2016-12-31 | $349.7M | $385.1M | — | +189.57% |
| Q3 2016 | 2016-09-30 | $47.9M | −$65.8M | −57.85% | +23.42% |
| Q2 2016 | 2016-06-30 | $14.7M | $11.9M | +413.26% | +7.37% |
| Q1 2016 | 2016-03-31 | $128.3M | $151.1M | — | +65.62% |
| Q3 2015 | 2015-09-30 | −$35.4M | — | — | −18.42% |
| Q1 2015 | 2015-03-31 | $113.7M | — | — | +63.58% |
| Q3 2014 | 2014-09-30 | $2.9M | — | — | +1.58% |
| Q3 2013 | 2013-09-30 | −$22.8M | — | — | −15.18% |
Starwood Property Trust free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $1.02B to $99.4M, a compound annual decline of 37.24%. Starwood Property Trust's latest reported quarter, Q2 2025, generated −$96.4M in free cash flow, a decrease of $141.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Starwood Property Trust filings at SEC.gov ↗