# STARWOOD PROPERTY TRUST, INC. (STWD) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from STARWOOD PROPERTY TRUST, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/STWD/mda/fy2025/): filed 2026-02-25; accession 0001465128-26-000009 (https://www.sec.gov/Archives/edgar/data/1465128/000146512826000009/stwd-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/STWD/mda/fy2024/): filed 2025-02-27; accession 0001628280-25-008420 (https://www.sec.gov/Archives/edgar/data/1465128/000162828025008420/stwd-20241231.htm)
- [FY 2023 MD&A](/company/STWD/mda/fy2023/): filed 2024-02-22; accession 0001628280-24-006128 (https://www.sec.gov/Archives/edgar/data/1465128/000162828024006128/stwd-20231231.htm)
- [FY 2022 MD&A](/company/STWD/mda/fy2022/): filed 2023-03-01; accession 0001628280-23-005726 (https://www.sec.gov/Archives/edgar/data/1465128/000162828023005726/stwd-20221231.htm)
- [FY 2021 MD&A](/company/STWD/mda/fy2021/): filed 2022-02-25; accession 0001628280-22-003917 (https://www.sec.gov/Archives/edgar/data/1465128/000162828022003917/stwd-20211231.htm)

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