Starwood Real Estate Income Trust Debt-to-Equity Ratio Growth & History (SWDR)
Starwood Real Estate Income Trust's debt-to-equity ratio was 3.08 for fiscal 2025.
View full Starwood Real Estate Income Trust company overviewStarwood Real Estate Income Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.08 | 0.62 | +25.40% |
| 2024 | 2024-12-31 | 2.46 | 0.62 | +33.57% |
| 2023 | 2023-12-31 | 1.84 | 0.42 | +29.15% |
| 2022 | 2022-12-31 | 1.42 | −0.28 | −16.32% |
| 2021 | 2021-12-31 | 1.70 | −0.36 | −17.33% |
| 2020 | 2020-12-31 | 2.06 | 0.58 | +39.18% |
| 2019 | 2019-12-31 | 1.48 | — | — |
Starwood Real Estate Income Trust quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.62 | 1.01 | +38.50% |
| Q1 2026 | 2026-03-31 | 3.34 | 0.91 | +37.29% |
| Q4 2025 | 2025-12-31 | 3.08 | 0.62 | +25.40% |
| Q3 2025 | 2025-09-30 | 2.84 | 0.49 | +20.89% |
| Q2 2025 | 2025-06-30 | 2.61 | 0.45 | +21.04% |
| Q1 2025 | 2025-03-31 | 2.44 | 0.44 | +22.07% |
| Q4 2024 | 2024-12-31 | 2.46 | 0.62 | +33.57% |
| Q3 2024 | 2024-09-30 | 2.35 | 0.67 | +39.92% |
| Q2 2024 | 2024-06-30 | 2.16 | 0.61 | +39.21% |
| Q1 2024 | 2024-03-31 | 2.00 | 0.43 | +27.67% |
| Q4 2023 | 2023-12-31 | 1.84 | 0.42 | +29.15% |
| Q3 2023 | 2023-09-30 | 1.68 | 0.30 | +21.63% |
| Q2 2023 | 2023-06-30 | 1.55 | 0.14 | +10.06% |
| Q1 2023 | 2023-03-31 | 1.56 | 0.23 | +17.60% |
| Q4 2022 | 2022-12-31 | 1.42 | −0.28 | −16.32% |
| Q3 2022 | 2022-09-30 | 1.38 | 0.19 | +15.91% |
| Q2 2022 | 2022-06-30 | 1.41 | −0.04 | −2.44% |
| Q1 2022 | 2022-03-31 | 1.33 | −0.25 | −15.57% |
| Q4 2021 | 2021-12-31 | 1.70 | −0.36 | −17.33% |
| Q3 2021 | 2021-09-30 | 1.19 | −0.63 | −34.71% |
| Q2 2021 | 2021-06-30 | 1.44 | −0.44 | −23.27% |
| Q1 2021 | 2021-03-31 | 1.57 | −0.31 | −16.61% |
| Q4 2020 | 2020-12-31 | 2.06 | 0.58 | +39.18% |
| Q3 2020 | 2020-09-30 | 1.82 | 0.94 | +105.99% |
| Q2 2020 | 2020-06-30 | 1.88 | 0.74 | +65.10% |
| Q1 2020 | 2020-03-31 | 1.89 | 0.74 | +64.75% |
| Q4 2019 | 2019-12-31 | 1.48 | — | — |
| Q3 2019 | 2019-09-30 | 0.88 | — | — |
| Q2 2019 | 2019-06-30 | 1.14 | — | — |
| Q1 2019 | 2019-03-31 | 1.15 | — | — |
Starwood Real Estate Income Trust debt-to-equity ratio trends
Over the last five fiscal years, Starwood Real Estate Income Trust's debt-to-equity ratio increased from 2.06 to 3.08, a change of 1.02. The latest reported quarter, Q2 2026, shows 3.62.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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