loanDepot (LDI) Financials

$1.20 +0.02 (+1.26%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$1.23 +0.03 (+2.16%)

As of 05/23/2025 07:28 PM Eastern

Annual Income Statements for loanDepot

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-98	-110	-273
Consolidated Net Income / (Loss)	-202	-236	-610
Net Income / (Loss) Continuing Operations	-202	-236	-610
Total Pre-Tax Income	-243	-278	-690
Total Operating Income	238	138	-294
Total Gross Profit	752	643	501
Total Revenue	1,353	1,216	1,528
Operating Revenue	1,353	1,216	1,528
Total Cost of Revenue	600	573	1,027
Operating Cost of Revenue	600	573	1,027
Total Operating Expenses	514	505	795
Selling, General & Admin Expense	204	213	266
Marketing Expense	133	133	237
Depreciation Expense	36	41	42
Other Operating Expenses / (Income)	141	118	209
Impairment Charge	0.00	0.00	41
Total Other Income / (Expense), net	-481	-416	-396
Interest Expense	336	304	275
Other Income / (Expense), net	-145	-112	-121
Income Tax Expense	-41	-43	-80
Net Income / (Loss) Attributable to Noncontrolling Interest	-104	-125	-337
Basic Earnings per Share	($0.53)	($0.63)	($1.75)
Weighted Average Basic Shares Outstanding	185.64M	174.91M	156.03M
Diluted Earnings per Share	($0.53)	($0.63)	($1.75)
Weighted Average Diluted Shares Outstanding	185.64M	174.91M	156.03M
Weighted Average Basic & Diluted Shares Outstanding	328.28M	323.09M	316.46M

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	-33	1.37	-32	-34	-27	-17	-23	-43	-77	-60
Consolidated Net Income / (Loss)	-67	2.67	-66	-72	-60	-34	-50	-92	-158	-137
Net Income / (Loss) Continuing Operations	-67	2.67	-66	-72	-60	-34	-50	-92	-158	-137
Total Pre-Tax Income	-84	3.60	-77	-85	-74	-39	-58	-107	-174	-161
Total Operating Income	127	100	19	-8.23	119	33	12	-26	-14	-81
Total Gross Profit	117	249	221	165	114	197	185	147	40	135
Total Revenue	550	315	265	223	470	266	272	208	359	274
Operating Revenue	280	411	362	300	247	338	342	288	205	354
Total Cost of Revenue	164	161	141	134	133	141	158	141	166	219
Operating Cost of Revenue	164	161	141	134	133	141	158	141	166	219
Total Operating Expenses	-11	150	202	174	-4.29	164	172	173	54	216
Selling, General & Admin Expense	50	23	73	58	55	47	55	56	69	83
Marketing Expense	37	36	31	28	28	34	35	36	32	43
Depreciation Expense	8.78	8.93	8.96	9.44	9.92	11	11	10	10	10
Other Operating Expenses / (Income)	-107	81	88	78	-98	73	72	71	-56	80
Total Other Income / (Expense), net	-211	-96	-96	-77	-192	-72	-70	-80	-160	-80
Interest Expense	229	39	36	32	208	37	32	28	154	41
Other Income / (Expense), net	18	-57	-61	-45	15	-36	-38	-53	-5.92	-38
Income Tax Expense	-17	0.92	-11	-14	-14	-5.21	-8.56	-15	-16	-23
Net Income / (Loss) Attributable to Noncontrolling Interest	-34	1.30	-34	-37	-33	-18	-26	-49	-80	-77
Basic Earnings per Share	($0.17)	$0.01	($0.18)	($0.19)	($0.16)	($0.09)	($0.13)	($0.25)	($0.47)	($0.37)
Weighted Average Basic Shares Outstanding	185.64M	185.39M	182.32M	181.41M	174.91M	175.96M	173.91M	170.81M	156.03M	162.46M
Diluted Earnings per Share	($0.17)	$0.01	($0.18)	($0.19)	($0.16)	($0.09)	($0.13)	($0.25)	($0.47)	($0.37)
Weighted Average Diluted Shares Outstanding	185.64M	332.53M	182.32M	324.68M	174.91M	175.96M	173.91M	170.81M	156.03M	162.46M
Weighted Average Basic & Diluted Shares Outstanding	328.28M	327.00M	325.15M	323.59M	323.09M	321.07M	319.42M	317.90M	316.46M	314.43M

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-219	-235	360
Net Cash From Operating Activities	-865	-174	4,461
Net Cash From Continuing Operating Activities	-865	-174	4,461
Net Income / (Loss) Continuing Operations	-202	-236	-610
Consolidated Net Income / (Loss)	-202	-236	-610
Depreciation Expense	36	41	42
Amortization Expense	29	22	36
Non-Cash Adjustments To Reconcile Net Income	-715	58	5,205
Changes in Operating Assets and Liabilities, net	-13	-60	-212
Net Cash From Investing Activities	495	166	668
Net Cash From Continuing Investing Activities	495	166	668
Purchase of Property, Plant & Equipment	-26	-21	-43
Acquisitions	-0.23	0.00	-0.33
Sale and/or Maturity of Investments	6.34	5.58	7.48
Other Investing Activities, net	515	181	704
Net Cash From Financing Activities	152	-226	-4,769
Net Cash From Continuing Financing Activities	152	-226	-4,769
Repayment of Debt	-23,285	-21,138	-64,788
Payment of Dividends	-7.11	-6.19	-120
Issuance of Debt	23,444	20,918	60,139
Cash Interest Paid	306	322	254
Cash Income Taxes Paid	9.02	-8.87	27

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	-51	-53	-47	-68	-86	52	-108	-92	-324	155
Net Cash From Operating Activities	41	-349	-278	-279	-205	163	-337	205	46	1,744
Net Cash From Continuing Operating Activities	41	-349	-279	-279	-205	163	-337	205	46	1,744
Net Income / (Loss) Continuing Operations	-67	2.67	-66	-72	-60	-34	-50	-92	-158	-137
Consolidated Net Income / (Loss)	-67	2.67	-66	-72	-60	-34	-50	-92	-158	-137
Depreciation Expense	8.78	8.93	8.96	9.44	9.92	11	11	10	10	10
Amortization Expense	8.67	8.96	6.13	5.04	6.37	4.97	4.98	5.24	5.99	11
Non-Cash Adjustments To Reconcile Net Income	70	-391	-222	-171	-15	69	-251	256	581	1,620
Changes in Operating Assets and Liabilities, net	21	22	-5.39	-50	-147	113	-52	26	-394	241
Net Cash From Investing Activities	35	-28	436	52	6.67	71	81	6.92	9.89	295
Net Cash From Continuing Investing Activities	35	-26	434	52	6.67	71	81	6.92	9.89	295
Purchase of Property, Plant & Equipment	-6.92	-7.28	-7.43	-4.76	-4.30	-4.77	-5.27	-6.28	-5.60	-8.77
Sale and/or Maturity of Investments	1.49	1.77	2.41	0.68	1.44	1.67	1.30	1.17	1.59	1.79
Other Investing Activities, net	41	-21	439	56	9.52	74	85	12	14	302
Net Cash From Financing Activities	-127	325	-205	159	113	-183	148	-305	-380	-1,884
Net Cash From Continuing Financing Activities	-127	325	-205	159	113	-183	148	-305	-380	-1,884
Repayment of Debt	-6,288	-6,101	-6,199	-4,697	-4,866	-5,666	-5,717	-4,889	-6,323	-11,456
Payment of Dividends	-1.98	-2.77	-1.03	-1.34	-1.60	-0.87	-2.48	-1.23	-0.42	-1.94
Issuance of Debt	6,163	6,428	5,995	4,857	4,980	5,484	5,868	4,586	5,943	9,574
Cash Interest Paid	90	64	94	58	98	61	104	58	76	58
Cash Income Taxes Paid	4.12	4.91	-0.02	0.02	-5.01	-0.34	-0.05	-3.47	2.87	-0.37

This table presents loanDepot'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
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	6,344	6,151	6,610
Total Current Assets	527	2,972	981
Cash & Equivalents	422	661	864
Restricted Cash	106	85	117
Plant, Property, & Equipment, net	61	71	93
Total Noncurrent Assets	5,756	3,108	5,537
Long-Term Investments	18	20	20
Other Noncurrent Operating Assets	5,738	3,088	5,516
Total Liabilities & Shareholders' Equity	6,344	6,151	6,610
Total Liabilities	5,837	5,447	5,688
Total Current Liabilities	379	1,176	489
Accounts Payable	379	380	489
Total Noncurrent Liabilities	5,458	4,270	5,200
Long-Term Debt	4,404	4,221	4,436
Other Noncurrent Operating Liabilities	1,054	49	764
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	507	704	921
Total Preferred & Common Equity	273	353	433
Preferred Stock	0.00	0.00	0.00
Total Common Equity	273	353	433
Common Stock	844	821	789
Retained Earnings	-551	-452	-342
Treasury Stock	-20	-16	-13
Noncontrolling Interest	234	351	488

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

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	6,418	5,943	6,193	6,079	6,204	6,191	7,379
Total Current Assets	579	631	3,042	3,168	979	1,127	1,529
Cash & Equivalents	483	533	604	717	719	798	1,144
Restricted Cash	96	98	74	115	61	90	161
Plant, Property, & Equipment, net	63	65	66	77	83	89	99
Total Noncurrent Assets	5,776	5,247	3,085	2,834	5,142	4,974	5,751
Long-Term Investments	18	138	18	19	18	18	20
Other Noncurrent Operating Assets	5,758	5,109	3,067	2,815	5,124	4,956	5,731
Total Liabilities & Shareholders' Equity	6,418	5,943	6,193	6,079	6,204	6,191	7,379
Total Liabilities	5,826	5,364	5,556	5,310	5,406	5,350	6,300
Total Current Liabilities	382	375	1,127	1,152	407	450	716
Accounts Payable	382	375	367	463	407	450	716
Total Noncurrent Liabilities	5,444	4,989	4,429	4,158	4,999	4,900	5,584
Long-Term Debt	4,523	4,189	4,383	4,104	4,286	4,134	4,813
Other Noncurrent Operating Liabilities	921	800	45	54	713	766	771
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	592	579	637	769	797	841	1,078
Total Preferred & Common Equity	311	295	322	379	389	404	500
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	311	295	322	379	389	404	500
Common Stock	848	831	825	819	813	803	778
Retained Earnings	-517	-518	-486	-425	-408	-385	-266
Treasury Stock	-19	-17	-17	-16	-15	-14	-13
Noncontrolling Interest	281	284	316	390	408	437	579

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	11.25%	-20.41%	-63.90%
EBITDA Growth	77.95%	126.35%	-135.25%
EBIT Growth	258.63%	106.25%	-146.90%
NOPAT Growth	73.01%	146.78%	-118.76%
Net Income Growth	14.17%	61.42%	-197.95%
EPS Growth	15.87%	64.00%	-301.15%
Operating Cash Flow Growth	-396.75%	-103.91%	404.35%
Free Cash Flow Firm Growth	-185.20%	173.51%	-245.91%
Invested Capital Growth	59.46%	-37.16%	95.42%
Revenue Q/Q Growth	24.23%	10.13%	-29.51%
EBITDA Q/Q Growth	656.16%	146.78%	-34.89%
EBIT Q/Q Growth	200.96%	110.28%	-25.59%
NOPAT Q/Q Growth	284.12%	215.21%	-67.39%
Net Income Q/Q Growth	-3.96%	29.38%	-39.39%
EPS Q/Q Growth	-1.92%	32.98%	-41.13%
Operating Cash Flow Q/Q Growth	22.13%	-326.15%	-10.93%
Free Cash Flow Firm Q/Q Growth	27.59%	-9.36%	-138.47%
Invested Capital Q/Q Growth	-3.39%	5.66%	-4.61%
Profitability Metrics	-	-	-
Gross Margin	55.60%	52.87%	32.77%
EBITDA Margin	11.68%	7.30%	-22.05%
Operating Margin	17.60%	11.32%	-19.25%
EBIT Margin	6.88%	2.13%	-27.17%
Profit (Net Income) Margin	-14.95%	-19.37%	-39.96%
Tax Burden Percent	83.24%	84.62%	88.46%
Interest Burden Percent	-261.05%	-1,072.89%	166.25%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	4.69%	2.72%	-6.25%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.83%	-9.42%	-26.30%
Return on Net Nonoperating Assets (RNNOA)	-38.07%	-31.68%	-41.61%
Return on Equity (ROE)	-33.38%	-28.97%	-47.86%
Cash Return on Invested Capital (CROIC)	-41.14%	48.35%	-70.85%
Operating Return on Assets (OROA)	1.49%	0.41%	-4.51%
Return on Assets (ROA)	-3.24%	-3.69%	-6.63%
Return on Common Equity (ROCE)	-17.26%	-14.02%	-17.96%
Return on Equity Simple (ROE_SIMPLE)	-74.08%	-66.68%	-140.80%
Net Operating Profit after Tax (NOPAT)	167	96	-206
NOPAT Margin	12.32%	7.92%	-13.48%
Net Nonoperating Expense Percent (NNEP)	12.52%	12.14%	20.05%
Return On Investment Capital (ROIC_SIMPLE)	3.39%	1.96%	-3.84%
Cost of Revenue to Revenue	44.40%	47.13%	67.23%
SG&A Expenses to Revenue	15.10%	17.50%	17.39%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.01%	41.55%	52.02%
Earnings before Interest and Taxes (EBIT)	93	26	-415
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	158	89	-337
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.44	3.20	1.20
Price to Tangible Book Value (P/TBV)	2.44	3.20	1.20
Price to Revenue (P/Rev)	0.49	0.93	0.34
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	56.48%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.09	1.80	1.02
Enterprise Value to Revenue (EV/Rev)	3.52	4.06	2.91
Enterprise Value to EBITDA (EV/EBITDA)	30.14	55.62	0.00
Enterprise Value to EBIT (EV/EBIT)	51.16	190.30	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.57	51.26	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	1.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	2.88	0.00
Leverage & Solvency	-	-	-
Debt to Equity	8.69	5.99	4.81
Long-Term Debt to Equity	8.69	5.99	4.81
Financial Leverage	4.87	3.36	1.58
Leverage Ratio	10.32	7.85	7.22
Compound Leverage Factor	-26.93	-84.20	12.01
Debt to Total Capital	89.68%	85.70%	82.80%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	89.68%	85.70%	82.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	4.76%	7.13%	9.11%
Common Equity to Total Capital	5.56%	7.17%	8.09%
Debt to EBITDA	27.89	47.56	-13.17
Net Debt to EBITDA	24.43	38.93	-10.20
Long-Term Debt to EBITDA	27.89	47.56	-13.17
Debt to NOPAT	26.43	43.83	-21.55
Net Debt to NOPAT	23.16	35.87	-16.69
Long-Term Debt to NOPAT	26.43	43.83	-21.55
Altman Z-Score	0.24	0.58	0.10
Noncontrolling Interest Sharing Ratio	48.31%	51.62%	62.48%
Liquidity Ratios	-	-	-
Current Ratio	1.39	2.53	2.01
Quick Ratio	1.11	0.56	1.77
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-1,461	1,715	-2,333
Operating Cash Flow to CapEx	-3,279.85%	-845.21%	10,323.17%
Free Cash Flow to Firm to Interest Expense	-4.35	5.64	-8.49
Operating Cash Flow to Interest Expense	-2.58	-0.57	16.22
Operating Cash Flow Less CapEx to Interest Expense	-2.66	-0.64	16.07
Efficiency Ratios	-	-	-
Asset Turnover	0.22	0.19	0.17
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	20.51	14.85	15.50
Accounts Payable Turnover	1.58	1.32	1.85
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	230.80	276.66	197.81
Cash Conversion Cycle (CCC)	-230.80	-276.66	-197.81
Capital & Investment Metrics	-	-	-
Invested Capital	4,366	2,738	4,356
Invested Capital Turnover	0.38	0.34	0.46
Increase / (Decrease) in Invested Capital	1,628	-1,619	2,127
Enterprise Value (EV)	4,760	4,936	4,442
Market Capitalization	667	1,130	519
Book Value per Share	$0.83	$1.10	$1.38
Tangible Book Value per Share	$0.83	$1.10	$1.38
Total Capital	4,911	4,926	5,357
Total Debt	4,404	4,221	4,436
Total Long-Term Debt	4,404	4,221	4,436
Net Debt	3,859	3,455	3,435
Capital Expenditures (CapEx)	26	21	43
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-379	1,050	-489
Debt-free Net Working Capital (DFNWC)	148	1,796	492
Net Working Capital (NWC)	148	1,796	492
Net Nonoperating Expense (NNE)	369	332	405
Net Nonoperating Obligations (NNO)	3,859	2,033	3,435
Total Depreciation and Amortization (D&A)	65	63	78
Debt-free, Cash-free Net Working Capital to Revenue	-28.05%	86.37%	-31.99%
Debt-free Net Working Capital to Revenue	10.93%	147.72%	32.19%
Net Working Capital to Revenue	10.93%	147.72%	32.19%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.53)	($0.63)	($1.75)
Adjusted Weighted Average Basic Shares Outstanding	185.64M	174.91M	156.03M
Adjusted Diluted Earnings per Share	($0.53)	($0.63)	($1.75)
Adjusted Weighted Average Diluted Shares Outstanding	185.64M	174.91M	156.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	328.28M	323.09M	316.46M
Normalized Net Operating Profit after Tax (NOPAT)	167	96	-177
Normalized NOPAT Margin	12.32%	7.92%	-11.61%
Pre Tax Income Margin	-17.95%	-22.89%	-45.17%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.28	0.09	-1.51
NOPAT to Interest Expense	0.50	0.32	-0.75
EBIT Less CapEx to Interest Expense	0.20	0.02	-1.67
NOPAT Less CapEx to Interest Expense	0.42	0.25	-0.91
Payout Ratios	-	-	-
Dividend Payout Ratio	-3.52%	-2.63%	-19.61%
Augmented Payout Ratio	-3.52%	-2.63%	-19.61%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	16.87%	18.42%	-2.37%	7.16%	31.19%	-3.11%	-11.93%	-64.54%	-64.07%	-74.64%
EBITDA Growth	8.15%	374.11%	-148.59%	38.68%	3,614.49%	113.03%	94.45%	-48.95%	-105.16%	-139.09%
EBIT Growth	8.27%	1,697.44%	-57.61%	32.19%	757.91%	97.74%	87.59%	-25.12%	-131.68%	-150.70%
NOPAT Growth	7.40%	220.70%	58.82%	68.46%	921.82%	140.71%	106.81%	-30.26%	-107.18%	-119.56%
Net Income Growth	-12.87%	107.80%	-32.34%	22.04%	62.11%	75.08%	77.77%	-0.44%	-1,170.89%	-189.11%
EPS Growth	-6.25%	111.11%	-38.46%	24.00%	65.96%	75.68%	80.30%	0.00%	-1,275.00%	-192.50%
Operating Cash Flow Growth	119.75%	-313.84%	17.53%	-235.63%	-548.19%	-90.64%	-122.16%	-82.12%	-92.27%	724.83%
Free Cash Flow Firm Growth	-190.42%	-192.72%	116.74%	171.22%	179.62%	-67.40%	-121.11%	-571.24%	-432.73%	158.59%
Invested Capital Growth	59.46%	74.38%	-6.69%	-31.84%	-37.16%	-43.26%	72.55%	78.75%	95.42%	-57.53%
Revenue Q/Q Growth	74.76%	18.54%	19.12%	-22.10%	77.07%	-2.27%	30.75%	-42.02%	30.77%	-11.16%
EBITDA Q/Q Growth	166.31%	331.04%	32.36%	-78.67%	1,067.49%	221.14%	83.32%	50.42%	95.67%	48.40%
EBIT Q/Q Growth	236.37%	203.88%	22.48%	-40.31%	5,062.77%	89.75%	66.65%	45.37%	82.98%	43.65%
NOPAT Q/Q Growth	20.31%	447.83%	334.69%	96.54%	259.23%	171.31%	146.61%	81.16%	82.21%	54.62%
Net Income Q/Q Growth	-2,624.89%	104.06%	7.90%	-19.63%	-74.45%	31.14%	45.75%	41.86%	-14.75%	38.58%
EPS Q/Q Growth	-1,800.00%	105.56%	5.26%	-18.75%	-77.78%	30.77%	48.00%	46.81%	-27.03%	43.94%
Operating Cash Flow Q/Q Growth	111.62%	-25.47%	0.08%	-35.59%	-225.80%	148.39%	-264.32%	348.04%	-97.37%	14.55%
Free Cash Flow Firm Q/Q Growth	16.98%	-717.45%	-76.73%	-11.19%	-14.86%	211.47%	0.98%	18.59%	-134.86%	-27.83%
Invested Capital Q/Q Growth	-3.39%	13.02%	44.16%	1.30%	5.66%	-39.52%	5.31%	-6.61%	-4.61%	83.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.19%	79.25%	83.21%	74.24%	24.28%	74.04%	67.88%	70.88%	11.05%	49.33%
EBITDA Margin	29.53%	19.38%	-9.94%	-17.51%	31.92%	4.84%	-3.91%	-30.61%	-1.19%	-35.99%
Operating Margin	23.15%	31.67%	7.28%	-3.69%	25.19%	12.42%	4.47%	-12.55%	-4.02%	-29.56%
EBIT Margin	26.36%	13.69%	-15.63%	-24.01%	28.45%	-1.02%	-9.68%	-37.95%	-5.67%	-43.59%
Profit (Net Income) Margin	-12.27%	0.85%	-24.81%	-32.10%	-12.71%	-12.90%	-18.31%	-44.12%	-44.00%	-50.14%
Tax Burden Percent	80.20%	74.33%	85.35%	83.96%	80.83%	86.81%	85.33%	86.06%	90.63%	85.43%
Interest Burden Percent	-58.05%	8.34%	186.04%	159.19%	-55.24%	1,463.37%	221.61%	135.09%	855.69%	134.64%
Effective Tax Rate	0.00%	25.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	6.17%	7.21%	1.28%	-0.79%	6.04%	2.68%	1.03%	-3.18%	-1.31%	-5.85%
ROIC Less NNEP Spread (ROIC-NNEP)	0.86%	4.73%	-1.02%	-3.24%	0.82%	0.52%	-1.42%	-6.86%	-8.63%	-7.14%
Return on Net Nonoperating Assets (RNNOA)	4.17%	19.97%	-5.12%	-11.76%	2.77%	1.50%	-3.36%	-11.65%	-13.64%	-32.82%
Return on Equity (ROE)	10.34%	27.18%	-3.84%	-12.55%	8.82%	4.18%	-2.33%	-14.83%	-14.95%	-38.67%
Cash Return on Invested Capital (CROIC)	-41.14%	-56.76%	3.61%	33.71%	48.35%	52.86%	-58.07%	-65.86%	-70.85%	79.16%
Operating Return on Assets (OROA)	5.71%	2.39%	-2.68%	-4.06%	5.42%	-0.17%	-1.40%	-5.18%	-0.94%	-9.39%
Return on Assets (ROA)	-2.66%	0.15%	-4.25%	-5.42%	-2.42%	-2.12%	-2.64%	-6.03%	-7.30%	-10.80%
Return on Common Equity (ROCE)	5.35%	13.79%	-1.91%	-6.16%	4.27%	1.99%	-1.08%	-6.12%	-5.61%	-14.62%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-62.45%	-78.35%	-66.94%	0.00%	-87.96%	-112.16%	-151.23%	0.00%	-87.64%
Net Operating Profit after Tax (NOPAT)	89	74	14	-5.76	83	23	8.51	-18	-10	-57
NOPAT Margin	16.21%	23.54%	5.09%	-2.59%	17.64%	8.69%	3.13%	-8.78%	-2.82%	-20.69%
Net Nonoperating Expense Percent (NNEP)	5.31%	2.48%	2.30%	2.45%	5.22%	2.16%	2.45%	3.68%	7.32%	1.28%
Return On Investment Capital (ROIC_SIMPLE)	1.81%	-	-	-	1.68%	-	-	-	-0.19%	-
Cost of Revenue to Revenue	29.79%	51.28%	53.14%	60.29%	28.22%	53.24%	58.05%	67.83%	46.19%	79.81%
SG&A Expenses to Revenue	9.16%	7.31%	27.57%	25.92%	11.75%	17.51%	20.17%	27.00%	19.13%	30.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	-1.96%	47.58%	75.93%	77.94%	-0.91%	61.62%	63.40%	83.43%	15.07%	78.89%
Earnings before Interest and Taxes (EBIT)	145	43	-41	-53	134	-2.70	-26	-79	-20	-120
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	162	61	-26	-39	150	13	-11	-64	-4.27	-99
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.44	2.85	1.81	2.60	3.20	1.45	1.73	1.26	1.20	0.83
Price to Tangible Book Value (P/TBV)	2.44	2.85	1.81	2.60	3.20	1.45	1.73	1.26	1.20	0.83
Price to Revenue (P/Rev)	0.49	0.82	0.51	0.80	0.93	0.50	0.61	0.44	0.34	0.19
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	56.48%	70.61%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.09	1.13	1.06	1.75	1.80	1.62	1.07	1.03	1.02	0.98
Enterprise Value to Revenue (EV/Rev)	3.52	4.68	4.07	4.63	4.06	3.80	4.11	3.63	2.91	2.07
Enterprise Value to EBITDA (EV/EBITDA)	30.14	0.00	0.00	0.00	55.62	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	51.16	0.00	0.00	0.00	190.30	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.57	0.00	0.00	0.00	51.26	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	54.42	2.76	1.19	1.00	0.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	28.34	4.20	2.88	2.22	0.00	0.00	0.00	0.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	8.69	7.64	7.23	6.88	5.99	5.34	5.38	4.91	4.81	4.46
Long-Term Debt to Equity	8.69	7.64	7.23	6.88	5.99	5.34	5.38	4.91	4.81	4.46
Financial Leverage	4.87	4.22	5.02	3.63	3.36	2.87	2.37	1.70	1.58	4.60
Leverage Ratio	10.32	9.18	8.83	8.38	7.85	7.28	7.66	7.16	7.22	7.35
Compound Leverage Factor	-5.99	0.77	16.42	13.33	-4.34	106.59	16.97	9.67	61.80	9.90
Debt to Total Capital	89.68%	88.43%	87.86%	87.31%	85.70%	84.22%	84.31%	83.09%	82.80%	81.69%
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%
Long-Term Debt to Total Capital	89.68%	88.43%	87.86%	87.31%	85.70%	84.22%	84.31%	83.09%	82.80%	81.69%
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%
Noncontrolling Interests to Total Capital	4.76%	5.49%	5.95%	6.29%	7.13%	8.00%	8.03%	8.79%	9.11%	9.83%
Common Equity to Total Capital	5.56%	6.09%	6.19%	6.41%	7.17%	7.78%	7.66%	8.12%	8.09%	8.48%
Debt to EBITDA	27.89	-159.27	-54.75	-72.17	47.56	-21.63	-14.23	-8.58	-13.17	-19.27
Net Debt to EBITDA	24.43	-138.27	-44.69	-60.72	38.93	-17.15	-11.58	-6.70	-10.20	-13.97
Long-Term Debt to EBITDA	27.89	-159.27	-54.75	-72.17	47.56	-21.63	-14.23	-8.58	-13.17	-19.27
Debt to NOPAT	26.43	-49.98	-30.54	-30.84	43.83	-49.09	-26.23	-13.92	-21.55	-39.14
Net Debt to NOPAT	23.16	-43.39	-24.93	-25.94	35.87	-38.92	-21.34	-10.87	-16.69	-28.37
Long-Term Debt to NOPAT	26.43	-49.98	-30.54	-30.84	43.83	-49.09	-26.23	-13.92	-21.55	-39.14
Altman Z-Score	0.26	0.21	0.14	0.49	0.64	0.54	0.26	0.25	0.29	0.36
Noncontrolling Interest Sharing Ratio	48.31%	49.26%	50.25%	50.93%	51.62%	52.43%	53.56%	58.75%	62.48%	62.19%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.39	1.52	1.68	2.70	2.53	2.75	2.40	2.51	2.01	2.13
Quick Ratio	1.11	1.27	1.42	0.54	0.56	0.67	1.93	2.00	1.77	1.75
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,539	-1,853	300	1,290	1,702	1,999	-1,793	-1,811	-2,137	6,131
Operating Cash Flow to CapEx	586.41%	-4,797.58%	-3,747.02%	-5,846.41%	-4,782.72%	3,423.14%	-6,400.47%	3,272.54%	818.74%	19,888.07%
Free Cash Flow to Firm to Interest Expense	-6.72	-46.93	8.41	40.73	8.19	54.36	-56.03	-65.40	-13.90	148.05
Operating Cash Flow to Interest Expense	0.18	-8.84	-7.80	-8.80	-0.99	4.44	-10.54	7.42	0.30	42.12
Operating Cash Flow Less CapEx to Interest Expense	0.15	-9.03	-8.01	-8.95	-1.01	4.31	-10.71	7.19	0.26	41.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.22	0.17	0.17	0.17	0.19	0.16	0.14	0.14	0.17	0.22
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	13.62	13.88	10.67	0.00	24.58
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	20.51	15.58	14.12	13.50	14.85	12.57	11.46	11.67	15.50	21.40
Accounts Payable Turnover	1.58	1.35	1.40	1.39	1.32	1.03	1.30	1.31	1.85	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	26.80	26.30	34.20	0.00	14.85
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	230.80	270.52	259.92	263.32	276.66	355.00	280.59	278.41	197.81	0.00
Cash Conversion Cycle (CCC)	-230.80	-270.52	-259.92	-263.32	-276.66	-328.20	-254.28	-244.21	-197.81	14.85
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,366	4,519	3,998	2,773	2,738	2,591	4,285	4,069	4,356	4,567
Invested Capital Turnover	0.38	0.31	0.25	0.31	0.34	0.31	0.33	0.36	0.46	0.28
Increase / (Decrease) in Invested Capital	1,628	1,927	-287	-1,295	-1,619	-1,976	1,802	1,792	2,127	-6,187
Enterprise Value (EV)	4,760	5,095	4,237	4,840	4,936	4,192	4,569	4,174	4,442	4,481
Market Capitalization	667	888	534	837	1,130	549	674	509	519	414
Book Value per Share	$0.83	$0.96	$0.91	$1.00	$1.10	$1.19	$1.22	$1.28	$1.38	$1.59
Tangible Book Value per Share	$0.83	$0.96	$0.91	$1.00	$1.10	$1.19	$1.22	$1.28	$1.38	$1.59
Total Capital	4,911	5,115	4,767	5,021	4,926	4,873	5,083	4,975	5,357	5,892
Total Debt	4,404	4,523	4,189	4,383	4,221	4,104	4,286	4,134	4,436	4,813
Total Long-Term Debt	4,404	4,523	4,189	4,383	4,221	4,104	4,286	4,134	4,436	4,813
Net Debt	3,859	3,927	3,419	3,688	3,455	3,253	3,487	3,228	3,435	3,488
Capital Expenditures (CapEx)	6.92	7.28	7.43	4.76	4.30	4.77	5.27	6.28	5.60	8.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-379	-382	-375	1,237	1,050	1,184	-209	-210	-489	-492
Debt-free Net Working Capital (DFNWC)	148	197	256	1,915	1,796	2,016	571	678	492	813
Net Working Capital (NWC)	148	197	256	1,915	1,796	2,016	571	678	492	813
Net Nonoperating Expense (NNE)	157	71	79	66	143	57	58	73	148	81
Net Nonoperating Obligations (NNO)	3,859	3,927	3,419	2,136	2,033	1,822	3,487	3,228	3,435	3,488
Total Depreciation and Amortization (D&A)	17	18	15	14	16	16	16	15	16	21
Debt-free, Cash-free Net Working Capital to Revenue	-28.05%	-35.04%	-36.09%	118.22%	86.37%	107.24%	-18.80%	-18.30%	-31.99%	-22.72%
Debt-free Net Working Capital to Revenue	10.93%	18.10%	24.61%	183.03%	147.72%	182.60%	51.35%	58.98%	32.19%	37.49%
Net Working Capital to Revenue	10.93%	18.10%	24.61%	183.03%	147.72%	182.60%	51.35%	58.98%	32.19%	37.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.17)	$0.01	($0.18)	($0.19)	($0.16)	($0.09)	($0.13)	($0.25)	($0.47)	($0.37)
Adjusted Weighted Average Basic Shares Outstanding	185.64M	185.39M	182.32M	181.41M	174.91M	175.96M	173.91M	170.81M	156.03M	162.46M
Adjusted Diluted Earnings per Share	($0.17)	$0.01	($0.18)	($0.19)	($0.16)	($0.09)	($0.13)	($0.25)	($0.47)	($0.37)
Adjusted Weighted Average Diluted Shares Outstanding	185.64M	332.53M	182.32M	324.68M	174.91M	175.96M	173.91M	170.81M	156.03M	162.46M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	328.28M	327.00M	325.15M	323.59M	323.09M	321.07M	319.42M	317.90M	316.46M	314.43M
Normalized Net Operating Profit after Tax (NOPAT)	89	74	14	-5.76	83	23	8.51	-18	-10	-57
Normalized NOPAT Margin	16.21%	23.54%	5.09%	-2.59%	17.64%	8.69%	3.13%	-8.78%	-2.82%	-20.69%
Pre Tax Income Margin	-15.30%	1.14%	-29.07%	-38.23%	-15.72%	-14.86%	-21.45%	-51.27%	-48.55%	-58.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.63	1.09	-1.16	-1.69	0.64	-0.07	-0.82	-2.85	-0.13	-2.89
NOPAT to Interest Expense	0.39	1.88	0.38	-0.18	0.40	0.63	0.27	-0.66	-0.07	-1.37
EBIT Less CapEx to Interest Expense	0.60	0.91	-1.37	-1.84	0.62	-0.20	-0.99	-3.08	-0.17	-3.10
NOPAT Less CapEx to Interest Expense	0.36	1.69	0.17	-0.33	0.38	0.50	0.10	-0.89	-0.10	-1.58
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-3.52%	-3.47%	-2.09%	-2.93%	-2.63%	-1.50%	-1.39%	-14.82%	-19.61%	-37.19%
Augmented Payout Ratio	-3.52%	-3.47%	-2.09%	-2.93%	-2.63%	-1.50%	-1.39%	-14.82%	-19.61%	-37.19%

Frequently Asked Questions About loanDepot's Financials

When does loanDepot's fiscal year end?

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

How has loanDepot's net income changed over the last 2 years?

loanDepot's net income appears to be on a downward trend, with a most recent value of -$202.15 million in 2024, falling from -$610.39 million in 2022. The previous period was -$235.51 million in 2023. Find out what analysts predict for loanDepot in the coming months.

What is loanDepot's operating income?

loanDepot's total operating income in 2024 was $238.02 million, based on the following breakdown:

Total Gross Profit: $752.07 million
Total Operating Expenses: $514.05 million

How has loanDepot revenue changed over the last 2 years?

Over the last 2 years, loanDepot's total revenue changed from $1.53 billion in 2022 to $1.35 billion in 2024, a change of -11.5%.

How much debt does loanDepot have?

loanDepot's total liabilities were at $5.84 billion at the end of 2024, a 7.2% increase from 2023, and a 2.6% increase since 2022.

How much cash does loanDepot have?

In the past 2 years, loanDepot's cash and equivalents has ranged from $421.58 million in 2024 to $863.96 million in 2022, and is currently $421.58 million as of their latest financial filing in 2024.

How has loanDepot's book value per share changed over the last 2 years?

Over the last 2 years, loanDepot's book value per share changed from 1.38 in 2022 to 0.83 in 2024, a change of -39.5%.

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This page (NYSE:LDI) was last updated on 5/24/2025 by MarketBeat.com Staff

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loanDepot (LDI) Financials

Frequently Asked Questions About loanDepot's Financials

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loanDepot (LDI) Financials

Annual Income Statements for loanDepot

Quarterly Income Statements for loanDepot

Annual Cash Flow Statements for loanDepot

Quarterly Cash Flow Statements for loanDepot

Annual Balance Sheets for loanDepot

Quarterly Balance Sheets for loanDepot

Annual Metrics And Ratios for loanDepot

Quarterly Metrics And Ratios for loanDepot

Frequently Asked Questions About loanDepot's Financials

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