Starwood Real Estate Income Trust, Inc. (SWDR) stock
SWDROTCReal Estate Investment TrustsFiscal year ends December 31Also trades as SWDS
$15.25+15.12 (+11630.77%)
Close on Feb 6, 2026Market cap $5.93BP/E –Yield –
Starwood Real Estate Income Trust operating margin
Operating margin is operating income as a percentage of revenue.
Starwood Real Estate Income Trust's operating margin for the twelve months ending Sep 30, 2026 was 62.4%. For fiscal 2025 it was 61.1%, against 62.5% the year before. The highest annual figure on record is 68.3% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 61.1% | −1.4 |
| FY2024 | Dec 31, 2024 | 62.5% | −1.2 |
| FY2023 | Dec 31, 2023 | 63.7% | −2.2 |
| FY2022 | Dec 31, 2022 | 65.9% | −2.4 |
| FY2021 | Dec 31, 2021 | 68.3% | +4.3 |
| FY2020 | Dec 31, 2020 | 64.0% | −2.5 |
| FY2019 | Dec 31, 2019 | 66.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 61.0% | +1.5 |
| Q2 FY2026 | Jun 30, 2026 | 63.4% | +2.1 |
| Q1 FY2026 | Mar 31, 2026 | 63.6% | +1.9 |
| Q4 FY2025 | Dec 31, 2025 | 61.8% | −1.5 |
| Q3 FY2025 | Sep 30, 2025 | 59.5% | −1.3 |
| Q2 FY2025 | Jun 30, 2025 | 61.2% | +1.5 |
| Q1 FY2025 | Mar 31, 2025 | 61.7% | −4.5 |
| Q4 FY2024 | Dec 31, 2024 | 63.3% | +6.0 |
| Q3 FY2024 | Sep 30, 2024 | 60.8% | −5.3 |
| Q2 FY2024 | Jun 30, 2024 | 59.7% | −7.4 |
| Q1 FY2024 | Mar 31, 2024 | 66.2% | +2.3 |
| Q4 FY2023 | Dec 31, 2023 | 57.3% | −0.3 |
| Q3 FY2023 | Sep 30, 2023 | 66.0% | −9.7 |
| Q2 FY2023 | Jun 30, 2023 | 67.1% | −1.4 |
| Q1 FY2023 | Mar 31, 2023 | 64.0% | +3.0 |
| Q4 FY2022 | Dec 31, 2022 | 57.6% | −7.6 |
| Q3 FY2022 | Sep 30, 2022 | 75.8% | +4.1 |
| Q2 FY2022 | Jun 30, 2022 | 68.6% | −1.8 |
| Q1 FY2022 | Mar 31, 2022 | 60.9% | −6.8 |
| Q4 FY2021 | Dec 31, 2021 | 65.2% | −3.2 |
| Q3 FY2021 | Sep 30, 2021 | 71.7% | −3.5 |
| Q2 FY2021 | Jun 30, 2021 | 70.4% | −4.9 |
| Q1 FY2021 | Mar 31, 2021 | 67.7% | +40.2 |
| Q4 FY2020 | Dec 31, 2020 | 68.4% | +0.5 |
| Q3 FY2020 | Sep 30, 2020 | 75.2% | +7.5 |
| Q2 FY2020 | Jun 30, 2020 | 75.3% | +5.7 |
| Q1 FY2020 | Mar 31, 2020 | 27.6% | −26.3 |
| Q4 FY2019 | Dec 31, 2019 | 68.0% | – |
| Q3 FY2019 | Sep 30, 2019 | 67.7% | – |
| Q2 FY2019 | Jun 30, 2019 | 69.5% | – |
| Q1 FY2019 | Mar 31, 2019 | 53.8% | – |
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