Starwood Property TrustFRA:VSP +0.48%51 Pretax Margin % is 30.46% as of Mar. 2026, which is 46% below its 10-year median of 56.56. GuruFocus rates FRA:VSP with a GF Score™ of 51/100 and a GF Value™ of €12.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 927 REITs companies, Starwood Property Trust ranks better than 52.54% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Starwood Property Trust Pretax Margin % Related Terms
Starwood Property Trust Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:VSP vs RITM, BXMT, DX: Pretax Margin % Comparison
For the REIT - Mortgage subindustry, Starwood Property Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Starwood Property Trust Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Starwood Property Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Starwood Property Trust's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Starwood Property Trust (FRA:VSP) has a Pretax Margin % of 30.46% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Starwood Property Trust and its competitors. This is 46% below median its historical median of 56.56. Over the past decade, Starwood Property Trust's Pretax Margin % has ranged from 41.07 to 70.64. According to the industry distribution chart, Starwood Property Trust ranks #440 out of 927 companies in the REITs industry, placing it in the top 47.5%.
Is Starwood Property Trust's Pretax Margin % too high?
Starwood Property Trust's current Pretax Margin % of 30.46% is 46% below median its 10-year median of 56.56. Over the past 10 years, this metric has ranged from a low of 41.07 to a high of 70.64. The REITs industry median Pretax Margin % is 46.70. Starwood Property Trust's value of 30.46% is 34.8% below this industry median. Based on the distribution chart, Starwood Property Trust ranks #440 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Starwood Property Trust has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starwood Property Trust's Pretax Margin % compare to RITM and BXMT?
According to the REITs industry distribution chart, Starwood Property Trust ranks #440 out of 927 companies for Pretax Margin %. This puts Starwood Property Trust in the upper half of its industry. The industry median Pretax Margin % is 46.70. Starwood Property Trust's value of 30.46% is 34.8% below this benchmark. Historically, Starwood Property Trust's own Pretax Margin % has ranged from 41.07 to 70.64 over the past decade. While the company's 10-year median is 56.56 vs. the industry median of 46.70, Starwood Property Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starwood Property Trust's current Pretax Margin % of 30.46% is 34.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Starwood Property Trust and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starwood Property Trust's current Pretax Margin % is 30.46%, which is 46% below median its own 10-year median of 56.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starwood Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Starwood Property Trust (FRA:VSP) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.31, compared to a current price of €14.69 — trading 19.3% above its estimated fair value. The current Pretax Margin % is 30.46%, which is 46% below median its 10-year median of 56.56 and 34.8% below the REITs industry median of 46.70. Starwood Property Trust's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Starwood Property Trust (FRA:VSP), the current Pretax Margin % is 30.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Starwood Property Trust (FRA:VSP) Overvalued in 2026?
Based on GuruFocus' analysis, Starwood Property Trust stock appears to be overvalued.
The current stock price of €14.69 is trading 19.3% above its estimated GF Value™ of €12.31.
GuruFocus considers Starwood Property Trust to be Modestly Overvalued.
Key valuation signals for FRA:VSP:
Pretax Margin %: 30.46% (46% below median its 10-year median of 56.56)
GF Value™: €12.31 vs. price of €14.69 (19.3% above fair value)
Industry Position: 34.8% below the REITs median (#440 of 927)
No single metric tells the full story. See the FRA:VSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starwood Property Trust Inc is a real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans, commercial mortgage-backed securities, and other real estate investments in the U.S., Australia, and Europe. The company has four reportable business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The majority of its revenue is generated from the Commercial and Residential Lending segment, which engages mainly in originating, acquiring, financing, and managing commercial first mortgages, non-agency residential mortgages (residential loans), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), and other real estate and related debt investments.
51GF Score
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