STARWOOD PROPERTY TRUST, INC. (STWD) financial statements (2021 and earlier)
Company profile
| Business Address |
C/O STARWOOD CAPITAL GROUP GREENWICH, CT 06830 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 478 | 240 | 369 | 616 | 369 | 255 | 318 | ||
| Cash and cash equivalents | 478 | 240 | 369 | 616 | 369 | 255 | 318 | ||
| Total current assets: | 478 | 240 | 369 | 616 | 369 | 255 | 318 | ||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 84 | 172 | 186 | 205 | 199 | 194 | 123 | ||
| Long-term investments | 84 | 172 | 186 | 205 | 199 | 194 | 123 | ||
| Intangible assets, net (including goodwill) | 346 | 405 | 324 | 360 | 342 | 285 | 318 | ||
| Goodwill | 260 | 260 | 140 | 140 | 140 | 140 | 140 | ||
| Intangible assets, net (excluding goodwill) | 86 | 145 | 183 | 219 | 202 | 144 | 177 | ||
| Total noncurrent assets: | 430 | 577 | 509 | 564 | 541 | 479 | 441 | ||
| Other undisclosed assets | 77,134 | 67,446 | 62,063 | 76,076 | 84,828 | 115,366 | 110,012 | ||
| TOTAL ASSETS: | 78,042 | 68,262 | 62,941 | 77,256 | 85,738 | 116,099 | 110,771 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2 | 3 | 4 | ||||||
| Off-market lease, unfavorable | 2 | 3 | 4 | ||||||
| Total noncurrent liabilities: | 2 | 3 | 4 | ||||||
| Other undisclosed liabilities | 72,903 | 63,359 | 58,358 | 72,696 | 81,567 | 112,216 | 106,443 | ||
| Total liabilities: | 72,905 | 63,362 | 58,362 | 72,696 | 81,567 | 112,216 | 106,443 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 4,700 | 4,603 | 4,478 | 4,522 | 4,140 | 3,861 | 4,283 | ||
| Common stock | 3 | 3 | 3 | 3 | 2 | 2 | 2 | ||
| Treasury stock, value | (104) | (104) | (92) | (92) | (72) | (24) | (11) | ||
| Additional paid in capital | 5,133 | 4,995 | 4,715 | 4,691 | 4,193 | 3,836 | 4,300 | ||
| Accumulated other comprehensive income | 51 | 59 | 70 | 36 | 30 | 56 | 75 | ||
| Accumulated deficit | (382) | (349) | (217) | (116) | (12) | (9) | (85) | ||
| Stockholders' equity attributable to noncontrolling interest | 437 | 297 | 101 | 38 | 31 | 22 | 45 | ||
| Total stockholders' equity: | 5,137 | 4,900 | 4,579 | 4,560 | 4,171 | 3,883 | 4,327 | ||
| TOTAL LIABILITIES AND EQUITY: | 78,042 | 68,262 | 62,941 | 77,256 | 85,738 | 116,099 | 110,771 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,196 | 1,109 | 880 | 785 | 736 | 703 | 566 | |
| Revenue, net | ✕ | ✕ | 249 | 153 | 37 | 16 | ||
| Operating leases, income statement, lease revenue | ✕ | 350 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Net investment income | 724 | 621 | 514 | 467 | 478 | 435 | ||
| Cost of revenue | (761) | (709) | (512) | (430) | (352) | (285) | (235) | |
| Cost of goods and services sold | (94) | (65) | (12) | |||||
| Gross profit: | 435 | 400 | 368 | 355 | 384 | 418 | 331 | |
| Operating expenses | (268) | (269) | (223) | (221) | (184) | (199) | (188) | |
| Other operating income (expense), net | (2) | (1) | (1) | 21 | 6 | |||
| Noninterest income, other operating income | 4 | 3 | 3 | 21 | 6 | |||
| Other undisclosed operating income (loss) | 1 | (21) | (6) | |||||
| Operating income: | 164 | 131 | 145 | 134 | 200 | 219 | 143 | |
| Nonoperating income | 384 | 295 | 300 | 242 | 270 | 307 | 192 | |
| Investment income, nonoperating | (6) | 35 | (76) | 69 | 25 | 34 | (22) | |
| Interest and debt expense | (509) | (408) | (6) | (9) | (6) | (161) | (118) | |
| Income from continuing operations before equity method investments, income taxes: | 39 | 18 | 438 | 367 | 463 | 365 | 216 | |
| Income from equity method investments | 20 | 9 | ||||||
| Other undisclosed income from continuing operations before income taxes | 511 | 409 | 6 | 9 | 6 | 141 | 110 | |
| Income from continuing operations before income taxes: | 550 | 427 | 444 | 376 | 469 | 526 | 334 | |
| Income tax expense | (13) | (15) | (32) | (8) | (17) | (24) | (24) | |
| Income from continuing operations: | 537 | 411 | 413 | 368 | 452 | 502 | 310 | |
| Loss from discontinued operations | (2) | |||||||
| Net income: | 537 | 411 | 413 | 368 | 452 | 501 | 310 | |
| Net loss attributable to noncontrolling interest | (27) | (25) | (12) | (2) | (1) | (6) | (5) | |
| Net income attributable to parent: | 510 | 386 | 401 | 365 | 451 | 495 | 305 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (4) | (4) | (3) | ✕ | ✕ | ✕ | ✕ | |
| Other undisclosed net loss available to common stockholders, basic | (2) | (3) | (6) | |||||
| Net income available to common stockholders, basic: | 506 | 382 | 398 | 363 | 447 | 489 | 305 | |
| Dilutive securities, effect on basic earnings per share | 1 | |||||||
| Other undisclosed net loss available to common stockholders, diluted | (1) | |||||||
| Net income available to common stockholders, diluted: | 506 | 382 | 398 | 363 | 447 | 489 | 305 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 537 | 411 | 413 | 368 | 452 | 501 | 310 | |
| Other comprehensive income (loss) | (8) | (11) | 34 | 6 | (26) | (20) | (4) | |
| Comprehensive income: | 529 | 400 | 447 | 374 | 426 | 481 | 306 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (27) | (25) | (12) | (2) | (1) | (6) | 5 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (11) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 502 | 375 | 435 | 372 | 425 | 475 | 301 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.