Starwood Property Trust, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.11B | $879.9M | $784.7M | $735.9M | $702.9M | $549.5M | $307.3M | $206.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $136.1M | $129.6M | $152.9M | $154.6M | $169.7M | $150.0M | $11.7M | $8.8M |
| Operating Income | $834.7M | $144.6M | $133.5M | $199.6M | $218.9M | $176.3M | $185.5M | $126.0M |
| Operating Margin | 75.2% | 16.4% | 17.0% | 27.1% | 31.1% | 32.1% | 60.4% | 61.0% |
| Interest Expense | $408.2M | $295.7M | $230.8M | $202.6M | $161.1M | $111.8M | $47.1M | $28.8M |
| Pretax Income | $426.5M | $444.3M | $376.0M | $469.4M | $526.2M | $354.0M | $206.6M | $121.4M |
| Income Tax Expense | $15.3M | $31.5M | $8.3M | $17.2M | $24.1M | $23.9M | $871.0K | $790.0K |
| Net Income | $385.8M | $400.8M | $365.2M | $450.7M | $495.0M | $305.0M | $201.2M | $120.6M |
| Net Margin | 34.8% | 45.5% | 46.5% | 61.2% | 70.4% | 55.5% | 65.5% | 58.4% |
| EPS (Basic) | $1.44 | $1.53 | $1.52 | $1.92 | $2.28 | $1.82 | $1.76 | $1.38 |
| EPS (Diluted) | $1.42 | $1.52 | $1.50 | $1.91 | $2.24 | $1.82 | $1.76 | $1.38 |
| Shares Outstanding (Basic) | — | — | — | — | — | 166.4M | 113.7M | 85.0M |
| Shares Outstanding (Diluted) | 288.5M | 262.1M | 241.8M | 234.1M | 218.8M | 166.5M | 113.7M | 86.4M |
| Dividends Per Share | $1.92 | $1.92 | $1.92 | $1.92 | $1.92 | $1.82 | $1.86 | $1.74 |