STARWOOD PROPERTY TRUST INC. Starwood Property Quarterly Cash Flow Statement
NYSE: STWDReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
STARWOOD PROPERTY TRUST INC. Starwood Property free cash flow
In the quarter ended Jun 30, 2026, STARWOOD PROPERTY TRUST INC. Starwood Property generated $170.7 million of operating cash flow. That left free cash flow of $170.7 million, a free-cash-flow margin of 33.2% of revenue. STARWOOD PROPERTY TRUST INC. Starwood Property returned $188.8 million to shareholders: $178.8 million in dividends and $10.0 million in share repurchases, equal to 111% of free cash flow.
Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
STARWOOD PROPERTY TRUST INC. Starwood Property cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 15.01M | 57.42M | 112.37M | 79.93M | 134.70M | 116.10M | 70.82M | 72.17M | 77.72M | 159.86M | 84.64M | 51.38M |
| Net Income growth (YoY) | -88.86% | -50.54% | +58.66% | +10.75% | +73.30% | -27.37% | -16.33% | +40.47% | -65.05% | +167.50% | -49.98% | -77.05% |
| Depreciation & Amortization | 35.26M | 33.73M | 31.08M | 26.04M | 10.37M | 11.48M | 11.18M | 10.19M | 10.12M | 9.82M | 12.13M | 12.27M |
| Change in Working Capital | -24.90M | -7.31M | -12.97M | 69.65M | -22.66M | -10.86M | -93.87M | -5.17M | 32.67M | -9.88M | -67.88M | 20.07M |
| Operating Cash Flow | 170.66M | 93.56M | 488.75M | 337.59M | -87.35M | 238.87M | 295.58M | 241.80M | 53.26M | 55.95M | 11.85M | 356.39M |
| Capital Expenditures | — | — | 0 | — | — | — | 0 | — | — | — | — | — |
| Investing Cash Flow | -380.89M | -989.67M | -698.35M | -1.22B | -952.38M | -906.45M | 337.54M | 310.24M | 270.51M | 1.17B | -88.08M | 391.08M |
| Dividends Paid | -178.75M | -178.24M | -178.21M | -164.61M | -163.71M | -162.32M | -162.79M | -152.32M | -152.58M | -152.31M | -150.69M | -150.51M |
| Share Repurchases | -10.00M | -19.94M | — | — | 0 | 0 | — | — | — | — | — | — |
| Debt Issued | 2.62B | 2.87B | 4.67B | 3.33B | 3.92B | 2.74B | 2.80B | 1.51B | 1.66B | 1.23B | 1.63B | 2.59B |
| Debt Repaid | -2.05B | -1.81B | -4.01B | -2.70B | -2.90B | -1.81B | -3.14B | -2.10B | -1.83B | -2.17B | -1.57B | -3.21B |
| Financing Cash Flow | 183.63M | 887.43M | 345.69M | 946.52M | 821.85M | 805.51M | -588.16M | -478.39M | -339.51M | -1.08B | -43.42M | -770.62M |
| Net Change in Cash | -26.60M | -8.67M | 136.08M | 64.84M | -217.88M | 137.92M | 44.96M | 73.64M | -15.74M | 141.78M | -119.65M | -23.16M |
| Free Cash Flow | 170.66M | 93.56M | 488.75M | 337.59M | -87.35M | 238.87M | 295.58M | 241.80M | 53.26M | 55.95M | 11.85M | 356.39M |
This table shows 12 quarterly periods of STARWOOD PROPERTY TRUST INC. Starwood Property's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow STWD's reporting calendar. What is a cash flow statement?