Starwood Real Estate Income Trust, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-691.6M | $-684.9M | $-649.7M | $-65.7M | $-302.3M | $-96.3M | $-20.8M | $-1.7M |
| Depreciation & Amortization | $704.8M | $742.2M | $811.8M | $848.9M | $330.5M | $155.9M | $38.9M | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $345.6M | $429.2M | $556.6M | $594.9M | $233.1M | $112.8M | $51.1M | $45.0K |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $1.19B | $914.5M | $2.23B | $-6.49B | $-13.90B | $-2.94B | $-1.89B | $0 |
| Financing Activities | ||||||||
| Dividends Paid | $341.8M | $325.4M | $356.2M | $311.9M | $117.4M | $35.8M | $8.7M | — |
| Stock Repurchases | $472.9M | $1.07B | $2.61B | $1.35B | $64.6M | $43.7M | $206.0K | — |
| Net Cash from Financing Activities | $-1.64B | $-1.37B | $-3.19B | $5.91B | $14.32B | $2.94B | $1.86B | $164.7M |
| Net Change in Cash | $-97.7M | $-17.7M | $-416.0M | $16.1M | $647.1M | $104.5M | $24.0M | $164.7M |
| Free Cash Flow | — | — | — | — | — | — | — | — |