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Ladder Capital (LADR) Financials

Ladder Capital logo
$10.32 +0.09 (+0.83%)
Closing price 05/23/2025 03:59 PM Eastern
Extended Trading
$10.29 -0.03 (-0.24%)
As of 05/23/2025 04:08 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Ladder Capital

Annual Income Statements for Ladder Capital

This table shows Ladder Capital's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 108 101 142 57 -14 123 180 95 67 74 110
Consolidated Net Income / (Loss)		 107 101 165 57 -9.46 137 222 126 114 146 98
Net Income / (Loss) Continuing Operations		 107 101 165 57 -9.46 137 222 126 114 146 98
Total Pre-Tax Income 		111 105 170 58 -19 140 228 134 120 161 124
Total Revenue		 161 289 349 70 63 175 401 189 265 226 299
Net Interest Income / (Expense)		 137 162 98 -6.85 12 126 151 118 116 128 110
Total Interest Income		 137 407 294 176 240 330 345 264 236 242 187
Investment Securities Interest Income		 359 407 294 176 240 - 345 264 236 242 187
Other Interest Income		 -222 - - - - 330 - - - - -
Total Interest Expense		 0.00 245 196 183 227 204 194 146 121 113 78
Total Non-Interest Income		 24 127 251 77 50 49 250 71 149 98 189
Other Service Charges		 19 8.93 15 11 13 24 26 18 21 15 12
Net Realized & Unrealized Capital Gains on Investments		 5.45 21 128 66 38 25 118 53 51 73 112
Provision for Credit Losses		 14 25 3.71 -8.71 18 2.60 14 0.00 0.30 0.60 0.60
Total Non-Interest Expense		 160 159 175 126 153 160 159 74 159 88 174
Salaries and Employee Benefits		 61 64 76 38 58 68 60 70 64 62 82
Other Operating Expenses		 67 66 67 50 56 52 57 -37 55 -13 61
Depreciation Expense		 32 30 33 38 39 39 42 40 39 39 28
Nonoperating Income / (Expense), net		 124 - - 105 90 127 - 19 14 23 -
Income Tax Expense		 3.45 4.24 4.91 0.93 -9.79 2.65 6.64 7.71 6.32 15 27
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.81 -0.62 23 0.37 -0.56 15 16 31 47 71 -
Basic Earnings per Share		 $0.86 $0.81 $1.14 $0.46 ($0.13) $1.16 $1.85 $2.32 $1.08 $2.86 $0.90
Weighted Average Basic Shares Outstanding		 125.58M 124.67M 124.30M 123.76M 112.41M 105.46M 97.23M 163.81M 62.00M 103.40M 49.30M
Diluted Earnings per Share		 $0.86 $0.81 $1.13 $0.45 ($0.13) $1.15 $1.84 $2.26 $1.06 $2.84 $0.86
Weighted Average Diluted Shares Outstanding		 125.79M 124.88M 125.82M 124.56M 112.41M 106.40M 97.65M 219.41M 107.64M 103.74M 97.58M
Weighted Average Basic & Diluted Shares Outstanding		 127.11M 126.62M 126.50M 128.02M 126.83M 120.98M 120.21M 111.28M 105.30M 102.20M 99.60M

Quarterly Income Statements for Ladder Capital

This table shows Ladder Capital's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 12 31 28 32 17 19 31 28 22 60 29
Consolidated Net Income / (Loss)		 12 31 28 32 16 19 31 28 22 74 29
Net Income / (Loss) Continuing Operations		 12 31 28 32 16 19 31 28 22 74 29
Total Pre-Tax Income 		11 33 28 31 18 18 34 28 24 75 31
Total Revenue		 26 33 45 38 45 111 80 48 51 147 43
Net Interest Income / (Expense)		 20 27 38 34 37 40 39 40 43 37 29
Total Interest Income		 20 -32 38 34 96 162 101 40 104 95 77
Investment Securities Interest Income		 64 78 96 89 96 101 101 102 104 95 77
Other Interest Income		 -44 - -58 -54 - - - -61 - - -
Total Interest Expense		 0.00 -59 0.00 0.00 59 122 62 0.00 61 57 48
Total Non-Interest Income		 5.77 5.70 6.94 3.71 7.81 71 41 7.09 8.42 110 14
Other Service Charges		 5.29 4.75 6.61 3.64 3.70 2.24 1.81 3.24 1.64 2.63 2.70
Net Realized & Unrealized Capital Gains on Investments		 0.49 0.94 0.33 0.08 4.11 -3.74 14 3.85 6.78 54 12
Provision for Credit Losses		 -0.08 0.05 3.06 5.06 5.77 6.01 7.47 6.88 4.74 2.34 1.50
Total Non-Interest Expense		 41 36 39 41 45 36 38 39 46 42 39
Salaries and Employee Benefits		 19 12 14 14 21 13 14 14 22 17 14
Other Operating Expenses		 14 16 17 19 16 15 17 17 17 17 17
Depreciation Expense		 7.34 7.47 8.15 8.41 8.30 7.77 7.14 7.47 7.53 7.91 7.86
Nonoperating Income / (Expense), net		 25 36 26 39 24 - - 27 23 - 28
Income Tax Expense		 -0.84 1.71 0.90 -1.09 1.93 -0.67 3.15 0.05 1.72 1.01 2.61
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.22 -0.05 -0.35 -0.22 -0.18 -0.21 -0.12 -0.07 -0.22 15 0.10
Basic Earnings per Share		 $0.09 $0.25 $0.22 $0.26 $0.13 ($0.03) $0.25 $0.23 $0.36 $0.48 $0.23
Weighted Average Basic Shares Outstanding		 125.63M 125.58M 125.71M 125.73M 125.32M 124.67M 124.73M 124.73M 248.99M 124.30M 124.28M
Diluted Earnings per Share		 $0.09 $0.25 $0.22 $0.26 $0.13 ($0.03) $0.25 $0.23 $0.36 $0.47 $0.23
Weighted Average Diluted Shares Outstanding		 126.28M 125.79M 125.91M 125.84M 125.52M 124.88M 124.97M 124.83M 249.31M 125.82M 125.17M
Weighted Average Basic & Diluted Shares Outstanding		 128.10M 127.11M 127.64M 127.87M 127.89M 126.62M 126.91M 126.93M 126.95M 126.50M 126.56M

Annual Cash Flow Statements for Ladder Capital

This table details how cash moves in and out of Ladder Capital's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 270 416 38 -663 929 257 -84 93 -73 18 -2.52
Net Cash From Operating Activities		 134 181 107 80 112 183 200 12 338 -38 209
Net Cash From Continuing Operating Activities		 134 181 107 80 112 184 201 12 338 -38 209
Net Income / (Loss) Continuing Operations		 107 101 165 57 -9.46 137 222 126 114 146 98
Consolidated Net Income / (Loss)		 107 101 165 57 -9.46 137 222 126 114 146 98
Provision For Loan Losses		 14 25 3.71 -8.71 18 2.60 14 0.00 0.30 0.60 0.60
Depreciation Expense		 32 30 33 38 39 39 42 40 39 39 28
Amortization Expense		 -7.62 -10 -8.52 4.82 0.33 -9.58 -8.55 0.11 3.94 1.14 90
Non-Cash Adjustments to Reconcile Net Income		 -3.94 1.37 -116 -13 101 16 -83 -151 194 -214 3.97
Changes in Operating Assets and Liabilities, net		 -8.22 34 30 1.66 -37 -1.32 15 -3.70 -13 -11 -12
Net Cash From Investing Activities		 933 794 82 -651 1,542 -127 -343 -307 36 35 -2,369
Net Cash From Continuing Investing Activities		 933 794 82 -651 1,542 -127 -343 -307 36 35 -2,369
Purchase of Property, Leasehold Improvements and Equipment		 -6.50 -4.37 -6.95 -4.87 -6.10 -7.59 - -5.64 -11 -8.38 -5.19
Purchase of Investment Securities		 -912 -144 -97 -331 -448 -1,726 0.00 -1,950 -1,969 -1,925 -3,637
Divestitures		 0.00 0.00 2.28 25 4.00 49 0.00 0.00 - - -
Sale and/or Maturity of Investments		 2,047 1,010 1,418 1,970 2,346 3,011 4,400 1,598 1,946 1,890 1,296
Other Investing Activities, net		 -195 -68 -1,235 -2,310 -354 -1,452 20 51 69 79 -24
Net Cash From Financing Activities		 -797 -558 -150 -91 -726 201 58 388 -448 22 2,158
Net Cash From Continuing Financing Activities		 -797 -558 -150 -91 -726 201 58 388 -448 22 2,158
Issuance of Debt		 668 921 2,427 4,519 10,021 14,403 5,807 10,080 12,360 16,280 16,886
Issuance of Common Equity		 0.00 0.00 0.19 0.00 40 0.00 - 0.00 0.00 - 259
Repayment of Debt		 -1,313 -1,348 -2,413 -4,494 -10,615 -14,023 -5,682 -9,510 -12,689 -16,137 -14,907
Repurchase of Common Equity		 -6.53 -2.48 -7.92 -9.01 -3.04 -0.64 0.00 -2.59 -4.65 -0.99 0.00
Payment of Dividends		 -118 -117 -137 -101 -119 -145 -123 -100 -67 -40 -51
Other Financing Activities, Net		 -27 -11 -20 -6.96 -51 -34 56 -80 -47 -80 -31
Cash Interest Paid		 199 234 178 173 203 195 183 131 115 107 63
Cash Income Taxes Paid		 1.86 -2.40 -1.17 -2.53 2.20 0.89 9.84 -0.21 8.78 7.31 46

Quarterly Cash Flow Statements for Ladder Capital

This table details how cash moves in and out of Ladder Capital's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -813 -353 492 -25 157 208 -6.10 113 101 302 74
Net Cash From Operating Activities		 -29 -60 169 45 -20 58 78 -67 111 54 38
Net Cash From Continuing Operating Activities		 -29 -60 169 45 -20 58 78 -67 111 54 38
Net Income / (Loss) Continuing Operations		 12 31 28 32 16 19 31 28 22 74 29
Consolidated Net Income / (Loss)		 12 31 28 32 16 19 31 28 22 74 29
Provision For Loan Losses		 -0.08 0.05 3.06 5.06 5.77 6.01 7.47 6.88 4.74 2.34 1.50
Depreciation Expense		 7.34 7.47 8.15 8.41 8.30 7.77 7.14 7.47 7.53 7.91 7.86
Amortization Expense		 -1.43 -2.32 -1.47 -1.90 -1.93 -2.45 -0.75 -2.66 -4.51 -3.41 -2.51
Non-Cash Adjustments to Reconcile Net Income		 -57 -8.04 2.08 -8.77 11 2.92 -5.83 2.84 1.45 -50 3.63
Changes in Operating Assets and Liabilities, net		 11 -89 130 10 -60 25 39 -110 80 23 -0.89
Net Cash From Investing Activities		 -374 199 147 250 337 191 79 335 188 290 45
Net Cash From Continuing Investing Activities		 -374 199 147 250 337 191 79 335 188 290 45
Purchase of Property, Leasehold Improvements and Equipment		 -0.87 -1.65 -3.02 -0.46 -1.37 -1.73 -1.14 -0.87 -0.63 -1.29 -1.80
Purchase of Investment Securities		 -522 -315 -432 -95 -71 -67 -59 -14 -3.51 -28 -24
Sale and/or Maturity of Investments		 402 639 584 366 458 267 157 362 225 371 1,254
Other Investing Activities, net		 -253 -123 -2.23 -21 -49 -7.00 -17 -12 -33 -51 -
Net Cash From Financing Activities		 -410 -492 176 -320 -160 -41 -164 -155 -198 -42 -8.93
Net Cash From Continuing Financing Activities		 -410 -492 176 -320 -160 -41 -164 -155 -198 -42 -8.93
Issuance of Debt		 0.25 13 513 61 81 177 6.13 137 601 874 666
Repayment of Debt		 -367 -463 -299 -351 -199 -188 -140 -262 -758 -869 -634
Repurchase of Common Equity		 -2.32 -4.48 -1.19 -0.21 -0.65 - -0.20 - -2.29 -1.76 -1.50
Payment of Dividends		 -31 -29 -29 -29 -31 -29 -29 -29 -30 -58 -27
Other Financing Activities, Net		 -10 -8.53 -7.78 -0.50 -10 -0.47 -0.74 -0.85 -9.18 13 -12

Annual Balance Sheets for Ladder Capital

This table presents Ladder Capital's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 4,845 5,513 5,951 5,851 5,881 6,273 6,026 5,578 5,895 5,814
Cash and Due from Banks		 1,323 1,016 609 549 1,254 68 77 45 109 76
Restricted Cash		 13 15 51 73 30 31 106 45 31 42
Trading Account Securities		 1,128 34 34 24 77 40 36 2,140 2,444 2,822
Loans and Leases, Net of Allowance		 0.00 3,155 3,886 3,554 2,354 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 671 726 700 866 985 998 1,032 822 835 769
Mortgage Servicing Rights		 1,591 - - - - - - - - -
Other Assets		 119 608 691 818 1,181 1,635 1,262 169 1,905 1,687
Total Liabilities & Shareholders' Equity		 4,845 5,513 5,951 5,851 5,881 6,273 6,026 5,578 5,895 5,814
Total Liabilities		 3,312 3,980 4,418 4,338 4,333 4,629 4,537 4,069 4,404 4,309
Long-Term Debt		 3,136 3,784 4,246 4,220 4,210 4,453 4,380 3,942 4,275 4,183
Other Long-Term Liabilities		 177 99 72 50 52 177 158 127 28 126
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 -2.09 - - - - - - - 663 720
Total Equity & Noncontrolling Interests		 1,533 1,532 1,534 1,514 1,548 1,644 1,488 1,510 828 785
Total Preferred & Common Equity		 1,535 1,533 1,533 1,507 1,543 1,445 1,235 971 828 785
Total Common Equity		 1,535 1,533 1,533 1,507 1,543 1,445 1,235 971 828 785
Common Stock		 1,777 1,757 1,827 1,795 1,780 1,471 1,306 992 777 726
Retained Earnings		 -207 -198 -177 -208 -164 11 -39 -11 61 44
Treasury Stock		 -30 -12 -96 -76 -63 -33 -32 -11 -5.81 0.00
Accumulated Other Comprehensive Income / (Loss)		 -4.87 -14 -21 -4.11 -10 -4.65 -0.21 1.37 -3.56 16

Quarterly Balance Sheets for Ladder Capital

This table presents Ladder Capital's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 4,470 5,379 5,048 5,323 5,503 5,629 5,861 5,870
Cash and Due from Banks		 480 1,607 1,196 1,220 798 777 626 328
Restricted Cash		 14 12 12 12 60 97 25 29
Trading Account Securities		 1,586 47 528 34 33 33 34 36
Loans and Leases, Net of Allowance		 0.00 2,040 0.00 2,798 3,372 3,501 3,794 4,019
Premises and Equipment, Net		 655 691 707 734 675 687 693 770
Mortgage Servicing Rights		 1,665 - 2,539 - - - - -
Other Assets		 71 1,033 67 573 603 564 712 706
Total Liabilities & Shareholders' Equity		 4,470 5,379 5,048 5,323 5,503 5,629 5,861 5,870
Total Liabilities		 2,956 3,848 3,520 3,799 3,965 4,097 4,332 4,366
Long-Term Debt		 2,770 3,585 3,378 3,667 3,794 3,958 4,082 4,238
Other Long-Term Liabilities		 186 164 142 56 76 58 168 47
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 -2.31 - -1.58 - - - - -
Total Equity & Noncontrolling Interests		 1,514 1,531 1,528 1,524 1,538 1,532 1,529 1,504
Total Preferred & Common Equity		 1,517 1,533 1,530 1,525 1,539 1,532 1,529 1,502
Total Common Equity		 1,517 1,533 1,530 1,525 1,539 1,532 1,529 1,502
Common Stock		 1,778 1,774 1,770 1,767 1,842 1,839 1,836 1,823
Retained Earnings		 -225 -209 -208 -211 -183 -185 -184 -207
Treasury Stock		 -30 -23 -22 -22 -106 -106 -106 -95
Accumulated Other Comprehensive Income / (Loss)		 -7.22 -8.71 -11 -9.82 -15 -17 -18 -19

Annual Metrics And Ratios for Ladder Capital

This table displays calculated financial ratios and metrics derived from Ladder Capital's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -44.27% -17.10% 396.76% 12.33% -64.34% -56.25% 112.49% -28.76% 17.24% -24.44% -4.97%
EBITDA Growth		 -90.72% -36.06% 4,723.50% 93.96% -265.60% -83.94% 68.50% 3.99% -15.97% -26.81% -11.84%
EBIT Growth		 -112.58% -38.46% 463.51% 57.06% -931.26% -94.26% 98.73% 8.40% -22.95% 10.73% -35.45%
NOPAT Growth		 -112.70% -39.20% 458.79% 39.64% -693.12% -94.19% 104.77% 7.82% -19.74% 28.14% -48.27%
Net Income Growth		 6.91% -39.20% 190.55% 701.53% -106.90% -38.20% 76.10% 10.69% -22.18% 49.69% -48.27%
EPS Growth		 6.17% -28.32% 151.11% 446.15% -111.30% -37.50% -18.58% 113.21% -62.68% 230.23% 0.00%
Operating Cash Flow Growth		 -25.85% 69.25% 33.82% -28.77% -38.90% -8.59% 1,572.37% -96.46% 983.46% -118.36% -56.08%
Free Cash Flow Firm Growth		 12.63% 372.16% 665.56% -103.18% 270.42% -5,840.75% 97.87% -173.28% 910.09% 101.92% 33.07%
Invested Capital Growth		 -12.18% -8.01% 0.80% -0.43% -11.40% 6.60% 3.89% 7.64% -5.54% 1.47% 66.09%
Revenue Q/Q Growth		 23.41% 33.96% 48.00% 88.63% -27.62% -16.73% 16.30% -34.55% 62.29% -21.20% 3.13%
EBITDA Q/Q Growth		 145.28% 157.72% 97.05% 92.92% -55.04% -45.98% -9.88% 35.03% 20.73% -22.49% -1.26%
EBIT Q/Q Growth		 73.84% 255.09% 143.38% 54.93% -34.31% -73.91% -9.72% -8.29% 15.64% 27.20% -3.50%
NOPAT Q/Q Growth		 -113.41% -35.47% 39.94% 66.53% -260.42% -89.13% -7.71% -28.84% 1.65% 23.54% -7.50%
Net Income Q/Q Growth		 12.94% -35.47% 39.94% 212.00% -119.88% 15.71% -7.71% -17.26% 15.13% 44.31% -7.50%
EPS Q/Q Growth		 48.28% -38.17% 54.79% 0.00% -172.22% 13.86% -41.40% 63.77% -55.08% 468.00% 0.00%
Operating Cash Flow Q/Q Growth		 -46.95% 2.21% 0.58% 60.13% -45.91% -42.03% -27.65% -92.60% 188.01% -179.46% 172.99%
Free Cash Flow Firm Q/Q Growth		 104.05% -0.29% 134.30% -102.56% 113.38% -456.30% 98.39% -151.47% 252.46% 103.90% 0.00%
Invested Capital Q/Q Growth		 -8.75% -0.30% 0.66% 8.68% -7.67% -0.02% -3.41% 3.59% -10.79% 0.61% 24.49%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 7.15% 42.96% 55.70% -5.98% -111.33% 23.98% 65.29% 82.34% 56.41% 78.70% 81.26%
EBIT Margin		 -8.17% 36.21% 48.77% -66.65% -174.35% 7.48% 56.96% 60.90% 40.02% 60.91% 41.56%
Profit (Net Income) Margin		 66.64% 34.74% 47.37% 80.98% -15.12% 78.13% 55.30% 66.73% 42.94% 64.70% 32.66%
Tax Burden Percent		 96.89% 95.95% 97.12% 98.40% 49.14% 98.11% 97.09% 94.23% 94.74% 90.94% 78.58%
Interest Burden Percent		 -841.90% 100.00% 100.00% -123.48% 17.65% 1,064.63% 100.00% 116.28% 113.26% 116.81% 100.00%
Effective Tax Rate		 3.11% 4.05% 2.88% 1.61% 0.00% 1.89% 2.91% 5.77% 5.26% 9.06% 21.42%
Return on Invested Capital (ROIC)		 -0.26% 1.81% 2.87% -0.80% -1.25% 0.20% 3.71% 1.91% 1.79% 2.18% 2.14%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.22% 1.81% 2.87% 1.64% 0.02% 2.51% 3.71% 2.34% 2.11% 2.68% 2.14%
Return on Net Nonoperating Assets (RNNOA)		 7.27% 4.74% 7.98% 4.52% 0.15% 14.81% 10.45% 6.49% 5.79% 7.57% 5.11%
Return on Equity (ROE)		 7.02% 6.56% 10.85% 3.72% -1.09% 15.02% 14.16% 8.40% 7.58% 9.75% 7.26%
Cash Return on Invested Capital (CROIC)		 12.72% 10.16% 2.07% -0.37% 10.84% -6.19% -0.11% -5.44% 7.49% 0.73% -47.53%
Operating Return on Assets (OROA)		 -0.25% 1.83% 2.88% -0.80% -1.74% 0.20% 3.71% 1.98% 1.85% 2.35% 2.67%
Return on Assets (ROA)		 2.07% 1.75% 2.80% 0.97% -0.15% 2.12% 3.60% 2.17% 1.98% 2.50% 2.10%
Return on Common Equity (ROCE)		 7.03% 6.56% 10.83% 3.70% -0.98% 11.90% 12.11% 6.18% 4.54% 5.25% 5.29%
Return on Equity Simple (ROE_SIMPLE)		 7.00% 6.56% 10.78% 3.77% -0.61% 0.00% 15.34% 10.19% 11.71% 17.64% 12.43%
Net Operating Profit after Tax (NOPAT)		 -13 101 165 -46 -76 13 222 108 100 125 98
NOPAT Margin		 -7.92% 34.74% 47.37% -65.58% -122.04% 7.34% 55.30% 57.39% 37.92% 55.39% 32.66%
Net Nonoperating Expense Percent (NNEP)		 -3.47% 0.00% 0.00% -2.44% -1.27% -2.31% 0.00% -0.42% -0.32% -0.50% 0.00%
SG&A Expenses to Revenue		 37.63% 21.99% 21.73% 54.58% 92.90% 38.65% 15.00% 37.35% 24.27% 27.28% 27.48%
Operating Expenses to Revenue		 99.53% 55.12% 50.16% 179.05% 245.13% 91.04% 39.57% 39.10% 59.86% 38.83% 58.24%
Earnings before Interest and Taxes (EBIT)		 -13 105 170 -47 -109 13 228 115 106 138 124
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 12 124 194 -4.20 -70 42 262 155 149 178 243
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.93 0.88 0.70 0.81 0.57 1.02 0.76 0.71 0.82 0.72 0.91
Price to Tangible Book Value (P/TBV)		 0.93 0.88 0.70 0.81 0.57 1.02 0.76 0.71 0.82 0.72 0.91
Price to Revenue (P/Rev)		 8.86 4.65 3.07 17.29 14.18 8.51 2.74 4.65 3.02 2.63 2.39
Price to Earnings (P/E)		 13.19 13.31 7.54 21.49 0.00 12.16 6.09 9.20 11.98 8.06 6.47
Dividend Yield		 8.22% 8.68% 10.39% 8.26% 12.75% 10.92% 13.24% 17.36% 13.50% 37.14% 0.00%
Earnings Yield		 7.58% 7.51% 13.27% 4.65% 0.00% 8.22% 16.41% 10.86% 8.34% 12.40% 15.45%
Enterprise Value to Invested Capital (EV/IC)		 0.69 0.77 0.81 0.84 0.66 0.95 0.93 0.91 0.95 0.94 0.97
Enterprise Value to Revenue (EV/Rev)		 20.01 14.16 13.35 68.60 61.05 35.22 14.09 28.24 19.60 23.90 18.39
Enterprise Value to EBITDA (EV/EBITDA)		 279.72 32.97 23.96 0.00 0.00 146.91 21.59 34.30 34.75 30.37 22.63
Enterprise Value to EBIT (EV/EBIT)		 0.00 39.12 27.37 0.00 0.00 470.88 24.74 46.37 48.97 39.25 44.25
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 40.77 28.18 0.00 0.00 479.97 25.49 49.21 51.69 43.16 56.32
Enterprise Value to Operating Cash Flow (EV/OCF)		 24.09 22.69 43.65 60.44 34.11 33.71 28.19 444.50 15.34 0.00 26.35
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.08 7.27 39.02 0.00 5.75 0.00 0.00 0.00 12.35 129.73 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 2.05 2.47 2.77 2.79 2.72 26.89 2.71 2.94 2.61 2.87 2.78
Long-Term Debt to Equity		 2.05 2.47 2.77 2.79 2.72 26.89 2.71 2.94 2.61 2.87 2.78
Financial Leverage		 2.26 2.62 2.78 2.75 6.09 5.90 2.82 2.78 2.74 2.82 2.39
Leverage Ratio		 3.38 3.74 3.87 3.83 7.26 7.09 3.93 3.87 3.82 3.91 3.46
Compound Leverage Factor		 -28.47 3.74 3.87 -4.73 1.28 75.53 3.93 4.50 4.33 4.56 3.46
Debt to Total Capital		 67.19% 71.18% 73.46% 73.60% 73.11% 96.42% 73.04% 74.64% 72.31% 74.16% 73.54%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.00%
Long-Term Debt to Total Capital		 67.19% 71.18% 73.46% 73.60% 73.11% 96.42% 73.04% 74.64% 72.31% 74.06% 73.54%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -0.04% -0.02% 0.00% 0.11% 0.09% 3.58% 3.26% 4.31% 9.87% 11.49% 12.65%
Common Equity to Total Capital		 32.89% 28.84% 26.53% 26.29% 26.80% 0.00% 23.71% 21.05% 17.82% 14.35% 13.81%
Debt to EBITDA		 271.91 30.45 21.84 -1,003.74 -60.46 115.59 17.01 28.20 26.39 24.08 17.22
Net Debt to EBITDA		 156.05 22.15 18.45 -855.89 -42.02 107.13 16.64 27.02 25.79 23.29 16.73
Long-Term Debt to EBITDA		 271.91 30.45 21.84 -1,003.74 -60.46 115.59 17.01 28.20 26.39 24.05 17.22
Debt to NOPAT		 -245.69 37.65 25.68 -91.59 -55.16 377.66 20.09 40.46 39.26 34.21 42.85
Net Debt to NOPAT		 -141.00 27.39 21.69 -78.10 -38.33 350.01 19.64 38.77 38.37 33.10 41.63
Long-Term Debt to NOPAT		 -245.69 37.65 25.68 -91.59 -55.16 377.66 20.09 40.46 39.26 34.17 42.85
Noncontrolling Interest Sharing Ratio		 -0.16% -0.02% 0.22% 0.39% 10.76% 20.78% 14.42% 26.40% 40.04% 46.16% 27.08%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 635 564 119 -21 664 -390 -6.56 -308 420 42 -2,166
Operating Cash Flow to CapEx		 2,061.27% 4,129.04% 1,535.62% 1,636.34% 1,834.23% 2,413.16% 0.00% 212.50% 3,180.70% -457.40% 4,019.11%
Free Cash Flow to Firm to Interest Expense		 0.00 2.30 0.61 -0.12 2.92 -1.91 -0.03 -2.11 3.48 0.37 -27.92
Operating Cash Flow to Interest Expense		 0.00 0.74 0.55 0.44 0.49 0.90 1.03 0.08 2.80 -0.34 2.69
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.72 0.51 0.41 0.47 0.86 1.07 0.04 2.71 -0.41 2.62
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.05 0.06 0.01 0.01 0.03 0.07 0.03 0.05 0.04 0.06
Fixed Asset Turnover		 0.23 0.41 0.45 0.08 0.06 0.17 0.39 0.20 0.32 0.28 0.43
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 4,669 5,316 5,779 5,733 5,758 6,499 6,096 5,868 5,452 5,772 5,688
Invested Capital Turnover		 0.03 0.05 0.06 0.01 0.01 0.03 0.07 0.03 0.05 0.04 0.07
Increase / (Decrease) in Invested Capital		 -648 -463 46 -25 -741 403 228 416 -320 83 2,263
Enterprise Value (EV)		 3,226 4,098 4,658 4,819 3,818 6,176 5,650 5,327 5,191 5,399 5,498
Market Capitalization		 1,428 1,346 1,072 1,215 887 1,492 1,097 877 800 595 714
Book Value per Share		 $12.03 $12.08 $12.12 $12.01 $12.83 $0.00 $12.99 $11.15 $8.86 $8.34 $7.92
Tangible Book Value per Share		 $12.03 $12.08 $12.12 $12.01 $12.83 $0.00 $12.99 $11.15 $8.86 $8.34 $7.92
Total Capital		 4,666 5,316 5,779 5,733 5,758 5,041 6,096 5,868 5,452 5,772 5,688
Total Debt		 3,136 3,784 4,246 4,220 4,210 4,860 4,453 4,380 3,942 4,280 4,183
Total Long-Term Debt		 3,136 3,784 4,246 4,220 4,210 4,860 4,453 4,380 3,942 4,275 4,183
Net Debt		 1,800 2,753 3,586 3,598 2,926 4,504 4,354 4,197 3,853 4,140 4,064
Capital Expenditures (CapEx)		 6.50 4.37 6.95 4.87 6.10 7.59 -7.78 5.64 11 8.38 5.19
Net Nonoperating Expense (NNE)		 -120 0.00 0.00 -103 -67 -124 0.00 -18 -13 -21 0.00
Net Nonoperating Obligations (NNO)		 3,138 3,784 4,246 4,220 4,210 6,318 4,453 4,380 3,942 4,280 4,183
Total Depreciation and Amortization (D&A)		 25 20 24 43 39 29 33 40 43 40 119
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.86 $0.81 $1.14 $0.46 ($0.13) $2.32 $1.85 $1.16 $1.08 $2.86 $0.90
Adjusted Weighted Average Basic Shares Outstanding		 125.58M 124.67M 124.30M 123.76M 112.41M 210.91M 97.23M 81.90M 62.00M 103.40M 49.30M
Adjusted Diluted Earnings per Share		 $0.86 $0.81 $1.13 $0.45 ($0.13) $2.30 $1.84 $1.13 $1.06 $2.84 $0.86
Adjusted Weighted Average Diluted Shares Outstanding		 125.79M 124.88M 125.82M 124.56M 112.41M 212.80M 97.65M 109.70M 107.64M 103.74M 97.58M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.08 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 127.11M 126.62M 126.50M 128.02M 126.83M 120.98M 120.21M 111.28M 110.73M 109.91M 99.60M
Normalized Net Operating Profit after Tax (NOPAT)		 -13 101 165 -46 -76 14 222 108 100 125 100
Normalized NOPAT Margin		 -7.92% 34.74% 47.37% -65.58% -122.04% 8.09% 55.30% 57.39% 37.92% 55.39% 33.29%
Pre Tax Income Margin		 68.78% 36.21% 48.77% 82.30% -30.78% 79.64% 56.96% 70.82% 45.33% 71.15% 41.56%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.43 0.87 -0.26 -0.48 0.06 1.18 0.79 0.88 1.21 1.60
NOPAT to Interest Expense		 0.00 0.41 0.85 -0.25 -0.34 0.06 1.14 0.74 0.83 1.10 1.26
EBIT Less CapEx to Interest Expense		 0.00 0.41 0.83 -0.28 -0.51 0.03 1.22 0.75 0.79 1.14 1.53
NOPAT Less CapEx to Interest Expense		 0.00 0.39 0.81 -0.28 -0.36 0.03 1.18 0.70 0.74 1.03 1.19
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 109.86% 116.38% 82.61% 176.74% -1,257.01% 105.50% 55.38% 79.50% 59.06% 27.33% 51.73%
Augmented Payout Ratio		 115.94% 118.85% 87.39% 192.57% -1,289.10% 105.96% 55.38% 81.56% 63.15% 28.01% 51.73%

Quarterly Metrics And Ratios for Ladder Capital

This table displays calculated financial ratios and metrics derived from Ladder Capital's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -41.93% -70.22% -43.14% -20.07% -12.67% -25.02% 84.02% -43.26% -30.83% 331.03% 109.21%
EBITDA Growth		 -1,351.47% -96.64% -76.62% -117.99% -80.71% -31.67% 372.40% -87.46% -87.02% 908.09% 178.55%
EBIT Growth		 -152.67% -103.90% -91.71% -587.15% -1,250.30% -33.84% 950.54% -96.57% -97.23% 6,179.27% 137.65%
NOPAT Growth		 -204.35% -113.30% -91.16% -605.07% -1,209.47% -74.38% 941.19% -96.37% -97.60% 2,047.66% 134.12%
Net Income Growth		 -29.67% 64.70% -11.65% 14.36% -25.96% -74.38% 8.75% -34.99% 15.86% 174.28% 51.52%
EPS Growth		 -30.77% 933.33% -12.00% 13.04% -63.89% -106.38% 8.70% -17.86% 140.00% 571.43% -23.33%
Operating Cash Flow Growth		 -40.99% -202.95% 116.36% 167.45% -118.29% 7.17% 104.12% -253.06% 470.93% 1.15% 7.46%
Free Cash Flow Firm Growth		 114.78% 33.79% -50.37% 152.20% 71.51% 1,602.58% 195.15% 228.64% 145.25% -0.37% -148.64%
Invested Capital Growth		 -17.47% -12.18% -4.05% -10.62% -7.49% -8.01% -7.13% -3.96% -4.13% 0.80% 8.84%
Revenue Q/Q Growth		 -20.69% -27.43% 19.25% -15.39% 63.15% 38.56% 67.62% -7.56% 38.47% 240.04% -48.32%
EBITDA Q/Q Growth		 -442.69% -74.01% 929.79% -269.32% 107.29% 80.79% 538.36% 81.62% 245.81% 1,149.94% -83.05%
EBIT Q/Q Growth		 -439.24% -193.68% 137.19% -34.49% 61.06% 98.99% 2,084.61% 217.58% 107.16% 3,059.80% -92.86%
NOPAT Q/Q Growth		 -513.16% -191.73% 134.79% -55.52% 66.37% -39.02% 1,887.66% 241.63% -99.38% 2,378.37% -93.07%
Net Income Q/Q Growth		 -63.12% 13.67% -14.20% 95.53% -13.63% -39.02% 11.05% 26.59% -70.11% 158.86% -33.62%
EPS Q/Q Growth		 -64.00% 13.64% -15.38% 100.00% 146.43% -112.00% 8.70% -36.11% -23.40% 104.35% -17.86%
Operating Cash Flow Q/Q Growth		 52.22% -135.57% 272.22% 322.85% -134.89% -25.24% 216.04% -160.43% 104.44% 42.40% -12.99%
Free Cash Flow Firm Q/Q Growth		 38.17% 194.91% -61.96% 38.58% -7.36% 9.40% 93.27% -5.76% 754.39% 106.11% -161.31%
Invested Capital Q/Q Growth		 -8.23% -8.75% 4.27% -5.48% -2.36% -0.30% -2.87% -2.16% -2.91% 0.66% 0.45%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 -32.51% 7.52% 21.01% -3.02% 1.51% 66.65% 51.08% 13.41% 6.83% 73.14% 19.90%
EBIT Margin		 -55.12% -8.11% 6.28% -20.14% -12.67% 61.84% 43.06% 3.30% 0.96% 70.09% 7.54%
Profit (Net Income) Margin		 44.27% 95.20% 60.77% 84.47% 36.55% 17.21% 39.11% 59.04% 43.12% 50.38% 66.18%
Tax Burden Percent		 107.82% 94.82% 96.83% 103.51% 89.51% 103.65% 90.84% 99.84% 92.81% 98.66% 91.65%
Interest Burden Percent		 -74.49% -1,238.42% 999.40% -405.28% -322.36% 26.86% 100.00% 1,789.95% 4,830.51% 72.86% 957.42%
Effective Tax Rate		 -7.82% 5.18% 3.17% -3.51% 10.49% -3.65% 9.16% 0.16% 7.19% 1.34% 8.35%
Return on Invested Capital (ROIC)		 -1.79% -0.25% 0.15% -0.66% -0.37% 0.90% 1.53% 0.11% 0.03% 3.05% 0.30%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.95% 0.73% 0.82% 0.43% 0.19% 0.90% 1.53% 0.76% 0.55% 3.05% 0.94%
Return on Net Nonoperating Assets (RNNOA)		 -2.01% 1.65% 1.98% 1.03% 0.48% 2.35% 4.03% 2.03% 1.52% 8.49% 2.49%
Return on Equity (ROE)		 -3.79% 1.40% 2.13% 0.37% 0.11% 3.25% 5.55% 2.13% 1.56% 11.54% 2.78%
Cash Return on Invested Capital (CROIC)		 18.68% 12.72% 5.96% 10.86% 7.61% 10.16% 10.21% 6.78% 7.15% 2.07% -6.32%
Operating Return on Assets (OROA)		 -1.60% -0.25% 0.15% -0.62% -0.40% 3.12% 1.64% 0.10% 0.04% 4.15% 0.32%
Return on Assets (ROA)		 1.29% 2.96% 1.46% 2.61% 1.14% 0.87% 1.49% 1.85% 1.57% 2.98% 2.77%
Return on Common Equity (ROCE)		 -3.80% 1.40% 2.14% 0.37% 0.11% 3.25% 5.55% 2.13% 1.55% 11.52% 2.77%
Return on Equity Simple (ROE_SIMPLE)		 6.76% 0.00% 6.21% 6.46% 6.21% 0.00% 10.12% 10.00% 11.01% 0.00% 7.86%
Net Operating Profit after Tax (NOPAT)		 -16 -2.53 2.76 -7.93 -5.10 19 31 1.57 0.46 74 3.00
NOPAT Margin		 -59.44% -7.69% 6.08% -20.84% -11.34% 17.21% 39.11% 3.30% 0.89% 50.38% 6.91%
Net Nonoperating Expense Percent (NNEP)		 -0.84% -0.98% -0.67% -1.09% -0.56% 0.00% 0.00% -0.65% -0.52% 0.00% -0.64%
SG&A Expenses to Revenue		 71.88% 35.72% 31.77% 36.08% 46.25% 11.77% 17.91% 29.93% 42.91% 11.31% 31.85%
Operating Expenses to Revenue		 155.44% 107.96% 86.97% 106.84% 99.84% 32.73% 47.57% 82.23% 89.84% 28.32% 88.99%
Earnings before Interest and Taxes (EBIT)		 -14 -2.67 2.85 -7.66 -5.69 68 34 1.57 0.50 103 3.27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -8.49 2.48 9.53 -1.15 0.68 74 41 6.38 3.51 108 8.62
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.96 0.93 0.97 0.94 0.91 0.88 0.78 0.83 0.70 0.70 0.65
Price to Tangible Book Value (P/TBV)		 0.96 0.93 0.97 0.94 0.91 0.88 0.78 0.83 0.70 0.70 0.65
Price to Revenue (P/Rev)		 10.19 8.86 11.35 8.75 7.92 4.65 5.56 7.05 4.98 3.07 4.13
Price to Earnings (P/E)		 14.02 13.19 15.43 14.51 14.52 13.31 8.49 9.13 7.39 7.54 8.88
Dividend Yield		 8.06% 8.22% 7.93% 8.15% 8.44% 8.68% 9.72% 9.22% 10.70% 10.39% 11.06%
Earnings Yield		 7.13% 7.58% 6.48% 6.89% 6.89% 7.51% 11.78% 10.95% 13.54% 13.27% 11.26%
Enterprise Value to Invested Capital (EV/IC)		 0.87 0.69 0.67 0.74 0.74 0.77 0.78 0.79 0.80 0.81 0.85
Enterprise Value to Revenue (EV/Rev)		 26.16 20.01 26.38 21.89 21.86 14.16 19.15 24.23 20.88 13.35 20.60
Enterprise Value to EBITDA (EV/EBITDA)		 1,572.07 279.72 0.00 629.10 287.57 32.97 85.77 270.01 74.35 23.96 49.24
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 39.12 140.22 0.00 105.63 27.37 69.45
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 36.23 0.00 0.00 40.77 26.56 28.39 26.77 28.18 41.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 29.66 24.09 13.66 22.36 78.19 22.69 23.41 31.79 18.16 43.65 45.78
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.21 5.08 11.08 6.40 9.29 7.27 7.32 11.46 11.00 39.02 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.83 2.05 2.34 2.21 2.41 2.47 2.47 2.58 2.67 2.77 2.82
Long-Term Debt to Equity		 1.83 2.05 2.34 2.21 2.41 2.47 2.47 2.58 2.67 2.77 2.82
Financial Leverage		 2.12 2.26 2.40 2.40 2.54 2.62 2.64 2.68 2.77 2.78 2.65
Leverage Ratio		 3.23 3.38 3.55 3.49 3.66 3.74 3.74 3.77 3.90 3.87 3.74
Compound Leverage Factor		 -2.40 -41.88 35.44 -14.15 -11.81 1.00 3.74 67.52 188.19 2.82 35.78
Debt to Total Capital		 64.69% 67.19% 70.08% 68.87% 70.64% 71.18% 71.15% 72.10% 72.76% 73.46% 73.81%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 64.69% 67.19% 70.08% 68.87% 70.64% 71.18% 71.15% 72.10% 72.76% 73.46% 73.81%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -0.05% -0.04% -0.04% -0.03% -0.03% -0.02% -0.01% -0.01% -0.01% 0.00% 0.03%
Common Equity to Total Capital		 35.42% 32.89% 29.96% 31.19% 29.38% 28.84% 28.86% 27.91% 27.25% 26.53% 26.16%
Debt to EBITDA		 1,169.17 271.91 -140.76 588.21 276.28 30.45 78.67 245.69 67.36 21.84 42.96
Net Debt to EBITDA		 960.85 156.05 -77.18 377.96 183.42 22.15 60.88 191.44 56.61 18.45 39.34
Long-Term Debt to EBITDA		 1,169.17 271.91 -140.76 588.21 276.28 30.45 78.67 245.69 67.36 21.84 42.96
Debt to NOPAT		 -127.52 -245.69 37.68 -185.19 -398.96 37.65 24.36 25.83 24.25 25.68 35.88
Net Debt to NOPAT		 -104.80 -141.00 20.66 -119.00 -264.87 27.39 18.85 20.13 20.38 21.69 32.85
Long-Term Debt to NOPAT		 -127.52 -245.69 37.68 -185.19 -398.96 37.65 24.36 25.83 24.25 25.68 35.88
Noncontrolling Interest Sharing Ratio		 -0.19% -0.16% -0.09% -0.12% -0.05% -0.02% 0.04% 0.23% 0.20% 0.22% 0.50%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 891 645 219 575 415 482 441 228 242 28 -463
Operating Cash Flow to CapEx		 -3,294.38% -3,641.49% 5,605.67% 9,913.97% -1,483.98% 3,367.88% 6,828.32% -7,738.05% 17,797.12% 4,217.80% 2,127.24%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 7.06 3.95 7.08 0.00 3.98 0.49 -9.56
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 -0.35 0.48 1.25 0.00 1.83 0.95 0.79
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 -0.37 0.46 1.24 0.00 1.82 0.93 0.75
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.02 0.03 0.03 0.05 0.04 0.03 0.04 0.06 0.04
Fixed Asset Turnover		 0.21 0.23 0.19 0.24 0.24 0.41 0.30 0.24 0.29 0.45 0.28
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 4,284 4,669 5,116 4,907 5,191 5,316 5,332 5,490 5,611 5,779 5,742
Invested Capital Turnover		 0.03 0.03 0.03 0.03 0.03 0.05 0.04 0.03 0.04 0.06 0.04
Increase / (Decrease) in Invested Capital		 -907 -648 -216 -583 -420 -463 -410 -226 -241 46 466
Enterprise Value (EV)		 3,724 3,226 3,447 3,613 3,817 4,098 4,136 4,350 4,506 4,658 4,857
Market Capitalization		 1,450 1,428 1,483 1,444 1,384 1,346 1,201 1,266 1,076 1,072 975
Book Value per Share		 $11.93 $12.03 $11.99 $11.96 $12.17 $12.08 $12.12 $12.07 $12.09 $12.12 $11.84
Tangible Book Value per Share		 $11.93 $12.03 $11.99 $11.96 $12.17 $12.08 $12.12 $12.07 $12.09 $12.12 $11.84
Total Capital		 4,282 4,666 5,116 4,905 5,191 5,316 5,332 5,490 5,611 5,779 5,742
Total Debt		 2,770 3,136 3,585 3,378 3,667 3,784 3,794 3,958 4,082 4,246 4,238
Total Long-Term Debt		 2,770 3,136 3,585 3,378 3,667 3,784 3,794 3,958 4,082 4,246 4,238
Net Debt		 2,276 1,800 1,966 2,171 2,435 2,753 2,936 3,084 3,431 3,586 3,881
Capital Expenditures (CapEx)		 0.87 1.65 3.02 0.46 1.37 1.73 1.14 0.87 0.63 1.29 1.80
Net Nonoperating Expense (NNE)		 -27 -34 -25 -40 -22 0.00 0.00 -27 -22 0.00 -26
Net Nonoperating Obligations (NNO)		 2,772 3,138 3,585 3,380 3,667 3,784 3,794 3,958 4,082 4,246 4,238
Total Depreciation and Amortization (D&A)		 5.90 5.14 6.68 6.51 6.37 5.32 6.40 4.81 3.02 4.50 5.36
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.09 $0.25 $0.22 $0.26 $0.13 ($0.03) $0.50 $0.23 $0.18 $0.48 $0.46
Adjusted Weighted Average Basic Shares Outstanding		 125.63M 125.58M 125.71M 125.73M 125.32M 124.67M 249.46M 124.73M 124.49M 124.30M 248.56M
Adjusted Diluted Earnings per Share		 $0.09 $0.25 $0.22 $0.26 $0.13 ($0.03) $0.50 $0.23 $0.18 $0.47 $0.46
Adjusted Weighted Average Diluted Shares Outstanding		 126.28M 125.79M 125.91M 125.84M 125.52M 124.88M 249.94M 124.83M 124.66M 125.82M 250.34M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 128.10M 127.11M 127.64M 127.87M 127.89M 126.62M 126.91M 126.93M 126.95M 126.50M 126.56M
Normalized Net Operating Profit after Tax (NOPAT)		 -10 -2.53 2.76 -5.36 -5.10 13 31 1.57 0.46 74 3.00
Normalized NOPAT Margin		 -38.59% -7.69% 6.08% -14.10% -11.34% 11.63% 39.11% 3.30% 0.89% 50.38% 6.91%
Pre Tax Income Margin		 41.06% 100.40% 62.76% 81.61% 40.84% 16.61% 43.06% 59.14% 46.46% 51.07% 72.21%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 -0.10 0.56 0.55 0.00 0.01 1.80 0.07
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 -0.09 0.16 0.50 0.00 0.01 1.29 0.06
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 -0.12 0.55 0.53 0.00 0.00 1.78 0.03
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 -0.11 0.14 0.48 0.00 0.00 1.27 0.02
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 114.91% 109.86% 123.50% 118.73% 123.48% 116.38% 74.67% 75.03% 66.07% 82.61% 87.30%
Augmented Payout Ratio		 122.90% 115.94% 125.66% 119.80% 124.37% 118.85% 77.39% 78.65% 71.77% 87.39% 92.59%

Frequently Asked Questions About Ladder Capital's Financials

When does Ladder Capital's financial year end?

According to the most recent income statement we have on file, Ladder Capital's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ladder Capital's net income changed over the last 10 years?

Ladder Capital's net income appears to be on a downward trend, with a most recent value of $107.45 million in 2024, rising from $97.63 million in 2014. The previous period was $100.50 million in 2023. See where experts think Ladder Capital is headed by visiting Ladder Capital's forecast page.

How has Ladder Capital revenue changed over the last 10 years?

Over the last 10 years, Ladder Capital's total revenue changed from $298.92 million in 2014 to $161.24 million in 2024, a change of -46.1%.

How much debt does Ladder Capital have?

Ladder Capital's total liabilities were at $3.31 billion at the end of 2024, a 16.8% decrease from 2023, and a 23.1% decrease since 2014.

How much cash does Ladder Capital have?

In the past 9 years, Ladder Capital's cash and equivalents has ranged from $44.62 million in 2016 to $1.32 billion in 2024, and is currently $1.32 billion as of their latest financial filing in 2024.

How has Ladder Capital's book value per share changed over the last 10 years?

Over the last 10 years, Ladder Capital's book value per share changed from 7.92 in 2014 to 12.03 in 2024, a change of 51.8%.


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This page (NYSE:LADR) was last updated on 5/25/2025 by MarketBeat.com Staff
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