8-K Announcements
6Apr 23, 2026·SEC
Feb 5, 2026·SEC
Oct 23, 2025·SEC
Ladder Capital Corp (LADR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Ladder Capital Corp (LADR) stock price & volume — 10-year historical chart
Ladder Capital Corp (LADR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ladder Capital Corp (LADR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.22vs $0.22+0.0% | $52Mvs $52M-0.7% |
| Q1 2026 | Feb 5, 2026 | $0.21vs $0.23-8.7% | $50Mvs $59M-14.0% |
| Q4 2025 | Oct 23, 2025 | $0.25vs $0.23+8.7% | $102Mvs $61M+67.1% |
| Q3 2025 | Jul 24, 2025 | $0.23vs $0.22+4.5% | $98Mvs $62M+57.8% |
Ladder Capital Corp (LADR) competitors in Diversified mortgage and specialty finance REITs — business model, growth, and fundamentals comparison
Ladder Capital Corp (LADR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ladder Capital Corp (LADR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 456.66M | 600.64M | 501.87M | 358.1M | 358.21M | 543.71M | 525.09M | 511.22M | 392.3M |
| Revenue Growth % | 15.82% | 31.53% | -16.44% | -28.65% | 0.03% | 51.78% | -3.43% | -2.64% | -23.26% |
| Property Operating Expenses | 117.3M | 115.29M | 109.15M | 118.45M | 111.35M | 114.71M | 109.86M | 116.34M | 110.77M |
| Net Operating Income (NOI) | 339.36M▲ 0% | 485.35M▲ 43.0% | 392.72M▼ 19.1% | 239.65M▼ 39.0% | 246.87M▲ 3.0% | 429M▲ 73.8% | 415.23M▼ 3.2% | 394.88M▼ 4.9% | 281.54M▼ 28.7% |
| NOI Margin % | 74.31% | 80.8% | 78.25% | 66.92% | 68.92% | 78.9% | 79.08% | 77.24% | 71.77% |
| Operating Expenses | 200.48M | 55.84M | 254.08M | 55.49M | 7.67M | 65.28M | 76.87M | 62.55M | 38.17M |
| G&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 178.42M | 469.73M | 178.5M | 225.47M | 278.88M | 398.16M | 370.08M | 366.35M | 276.66M |
| EBITDA Margin % | 39.07% | 78.2% | 35.57% | 62.96% | 77.85% | 73.23% | 70.48% | 71.66% | 70.52% |
| Depreciation & Amortization | 39.55M | 40.22M | 39.87M | 41.31M | 39.69M | 34.44M | 31.71M | 34.03M | 33.29M |
| D&A / Revenue % | 8.66% | 6.7% | 7.94% | 11.54% | 11.08% | 6.33% | 6.04% | 6.66% | 8.49% |
| Operating Income | 138.88M▲ 0% | 429.51M▲ 209.3% | 138.63M▼ 67.7% | 184.16M▲ 32.8% | 239.19M▲ 29.9% | 363.72M▲ 52.1% | 338.37M▼ 7.0% | 332.32M▼ 1.8% | 243.37M▼ 26.8% |
| Operating Margin % | 30.41% | 71.51% | 27.62% | 51.43% | 66.77% | 66.9% | 64.44% | 65.01% | 62.04% |
| Interest Expense | 146.12M | 194.29M | 204.35M | 227.47M | 182.95M | 195.6M | 245.1M | 221.54M | 174.92M |
| Interest Coverage | 1.91x | 2.18x | 1.68x | 0.92x | 1.32x | 1.87x | 1.43x | 1.50x | 1.38x |
| Non-Operating Income | -140.83M | 6.9M | -205.37M | -24.07M | -1.58M | -2.1M | -11.48M | -109K | 1.26M |
| Pretax Income | 133.59M▲ 0% | 228.32M▲ 70.9% | 139.65M▼ 38.8% | -19.25M▼ 113.8% | 57.82M▲ 400.4% | 170.21M▲ 194.4% | 104.75M▼ 38.5% | 110.89M▲ 5.9% | 67.19M▼ 39.4% |
| Pretax Margin % | 29.25% | 38.01% | 27.83% | -5.37% | 16.14% | 31.31% | 19.95% | 21.69% | 17.13% |
| Income Tax | 7.71M | 6.64M | 2.65M | -9.79M | 928K | 4.91M | 4.24M | 3.45M | 3.49M |
| Effective Tax Rate % | 5.77% | 2.91% | 1.89% | 50.86% | 1.6% | 2.88% | 4.05% | 3.11% | 5.2% |
| Net Income | 95.28M▲ 0% | 180.01M▲ 88.9% | 122.64M▼ 31.9% | -14.45M▼ 111.8% | 56.52M▲ 491.3% | 142.22M▲ 151.6% | 101.13M▼ 28.9% | 108.25M▲ 7.1% | 64.18M▼ 40.7% |
| Net Margin % | 20.86% | 29.97% | 24.44% | -4.03% | 15.78% | 26.16% | 19.26% | 21.18% | 16.36% |
| Net Income Growth % | 42.78% | 88.94% | -31.87% | -111.78% | 491.29% | 151.61% | -28.89% | 7.05% | -40.71% |
| Funds From Operations (FFO) | 134.82M▲ 0% | 220.24M▲ 63.4% | 162.51M▼ 26.2% | 26.87M▼ 83.5% | 96.21M▲ 258.1% | 176.65M▲ 83.6% | 132.84M▼ 24.8% | 142.28M▲ 7.1% | 97.47M▼ 31.5% |
| FFO Margin % | 29.52% | 36.67% | 32.38% | 7.5% | 26.86% | 32.49% | 25.3% | 27.83% | 24.85% |
| FFO Growth % | 27.11% | 63.35% | -26.21% | -83.47% | 258.1% | 83.61% | -24.8% | 7.11% | -31.49% |
| FFO per Share | 1.23 | 2.26 | 1.53 | 0.24 | 0.77 | 1.40 | 1.06 | 1.13 | 0.77 |
| FFO Payout Ratio % | 74.23% | 55.75% | 88.93% | 442.51% | 104.51% | 60.58% | 87.64% | 82.73% | 120.46% |
| EPS (Diluted) | 1.13▲ 0% | 1.84▲ 62.8% | 1.15▼ 37.5% | -0.13▼ 111.3% | 0.45▲ 446.2% | 1.13▲ 151.1% | 0.81▼ 28.3% | 0.86▲ 6.2% | 0.51▼ 40.7% |
| EPS Growth % | 6.6% | 62.83% | -37.5% | -111.3% | 446.15% | 151.11% | -28.32% | 6.17% | -40.7% |
| EPS (Basic) | 1.16 | 1.85 | 1.16 | -0.13 | 0.46 | 1.14 | 0.81 | 0.86 | 0.51 |
| Diluted Shares Outstanding | 109.7M | 97.65M | 106.4M | 112.41M | 124.56M | 125.82M | 124.88M | 125.78M | 126.19M |
Ladder Capital Corp (LADR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 6.03B | 6.27B | 6.67B | 5.88B | 5.85B | 5.95B | 5.51B | 4.85B | 5.15B |
| Asset Growth % | 8.02% | 4.1% | 6.32% | -11.81% | -0.51% | 1.71% | -7.37% | -12.11% | 6.35% |
| Real Estate & Other Assets | -2.23B | -2.51B | -952.18M | 147.13M | -869.87M | -1.29B | -1.26B | -1.8B | -2.13B |
| PP&E (Net) | 903.45M | 893.73M | 949.65M | 894.14M | 1.1M | 635.17M | 665.39M | 636.49M | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 26.77M | 28.01M | 1.8B | 3.64B | 0 | 0 | 0 | 0 | 53.84M |
| Cash & Equivalents | 76.67M | 67.88M | 58.17M | 1.25B | 548.74M | 609.08M | 1.02B | 1.32B | 37.95M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 693K | 76.96M | -868.35M | -4.48B | -4.13B | -2.86B | -2.15B |
| Intangible Assets | 189.49M | 162M | 161.2M | 91.16M | 142.34M | 64.96M | 61.05M | 50.62M | 703.54M |
| Total Liabilities | 4.54B | 4.63B | 5.03B | 4.33B | 4.34B | 4.42B | 3.98B | 3.31B | 3.67B |
| Total Debt | 3.91B | 3.79B | 4.86B | 4.21B | 4.22B | 4.25B | 3.78B | 3.15B | 3.51B |
| Net Debt | 3.83B | 3.72B | 4.8B | 2.96B | 3.67B | 3.64B | 2.77B | 1.83B | 3.47B |
| Long-Term Debt | 4.06B | 3.79B | 4.86B | 3.54B | 3.85B | 3.76B | 3.41B | 3.07B | 3.51B |
| Short-Term Borrowings | 0 | 0 | 0 | 671.34M | 1.1B | 481.46M | 374.67M | 62.74M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 17.86M | 0 |
| Total Current Liabilities | 14K | 1.3M | 223K | 742.75M | 442.1M | 581.69M | 472.11M | 173.82M | 108.27M |
| Accounts Payable | 14K | 1.3M | 223K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | -7.83B | -8.28B | -1.59B | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | -4.06B | -3.79B | -4.86B | 51.53M | 50.09M | 71.69M | 99.09M | 51.99M | 52.52M |
| Total Equity | 1.49B▲ 0% | 1.64B▲ 10.4% | 1.64B▼ 0.3% | 1.55B▼ 5.5% | 1.51B▼ 2.2% | 1.53B▲ 1.3% | 1.53B▼ 0.1% | 1.53B▲ 0.0% | 1.48B▼ 3.4% |
| Equity Growth % | -1.42% | 10.45% | -0.28% | -5.52% | -2.25% | 1.32% | -0.09% | 0.05% | -3.36% |
| Shareholders Equity | 1.23B | 1.45B | 1.46B | 1.54B | 1.51B | 1.53B | 1.53B | 1.54B | 1.48B |
| Minority Interest | 253.18M | 198.48M | 180.7M | 5.26M | 6.48M | 215K | -950K | -2.09M | -2.57M |
| Common Stock | 112K | 118K | 120K | 127K | 126K | 127K | 127K | 127K | 127K |
| Additional Paid-in Capital | 1.31B | 1.47B | 1.53B | 1.78B | 1.8B | 1.83B | 1.76B | 1.78B | 1.79B |
| Retained Earnings | -39.11M | 11.34M | -35.75M | -163.72M | -207.8M | -177M | -197.88M | -206.87M | -260.08M |
| Preferred Stock | 0 | 11.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 1.64% | 2.93% | 1.9% | -0.23% | 0.96% | 2.41% | 1.76% | 2.09% | 1.28% |
| Return on Equity (ROE) | 6.36% | 11.5% | 7.47% | -0.91% | 3.69% | 9.33% | 6.6% | 7.06% | 4.26% |
| Debt / Assets | 64.83% | 60.4% | 72.87% | 71.58% | 72.12% | 71.34% | 68.64% | 65.09% | 68.13% |
| Debt / Equity | 2.63x | 2.31x | 2.97x | 2.72x | 2.79x | 2.77x | 2.47x | 2.06x | 2.37x |
| Net Debt / EBITDA | 21.46x | 7.92x | 26.90x | 13.11x | 13.16x | 9.13x | 7.48x | 5.00x | 12.55x |
| Book Value per Share | 13.56 | 16.83 | 15.40 | 13.77 | 12.15 | 12.19 | 12.27 | 12.19 | 11.74 |
Ladder Capital Corp (LADR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 11.98M | 200.43M | 183.21M | 111.94M | 79.74M | 106.71M | 180.6M | 133.92M | 87.02M |
| Operating CF Growth % | -96.46% | 1572.37% | -8.59% | -38.9% | -28.77% | 33.82% | 69.25% | -25.85% | -35.02% |
| Operating CF / Revenue % | 2.62% | 33.37% | 36.5% | 31.26% | 22.26% | 19.63% | 34.39% | 26.2% | 22.18% |
| Net Income | 125.88M | 221.68M | 137M | -9.46M | 56.89M | 165.31M | 100.5M | 107.45M | 63.7M |
| Depreciation & Amortization | 39.55M | 40.22M | 37.15M | 36.84M | 35.91M | 30.91M | 28.12M | 30.63M | 30.7M |
| Stock-Based Compensation | 18.96M | 8.83M | 21.78M | 42.73M | 15.3M | 31.58M | 18.58M | 18.83M | 20.33M |
| Other Non-Cash Items | -168.71M | -85.23M | -11.4M | 78.98M | -30.03M | -150.69M | -2.21M | -15.09M | -10.36M |
| Working Capital Changes | -9.29M | 22.47M | -6.13M | -37.25M | 1.39M | 30.11M | 34.43M | -9.57M | -19.38M |
| Cash from Investing | -306.63M | -342.87M | -126.59M | 1.54B | -651.46M | 81.59M | 793.5M | 932.76M | -1.61B |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -212.53M | -775.96M | -1.7B | -440.81M | -247.09M | -97.27M | -143.95M | -912.29M | -1.98B |
| Sale of Investments | 1.22B | 453.48M | 1.36B | 1.09B | 609.68M | 195.75M | 254.2M | 312.76M | 947.72M |
| Other Investing | -1.3B | -12.61M | 223.61M | 896.72M | -1.01B | -16.89M | 683.48M | 1.53B | -579.25M |
| Cash from Financing | 387.9M | 58.2M | 200.68M | -725.67M | -91.02M | -150.24M | -557.77M | -796.59M | 227.04M |
| Dividends Paid | -100.08M | -122.77M | -144.53M | -118.89M | -100.55M | -107.01M | -116.42M | -117.71M | -117.41M |
| Common Dividends | -100.08M | -122.77M | -144.53M | -118.89M | -100.55M | -107.01M | -116.42M | -117.71M | -117.41M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K |
| Share Repurchases | -2.59M | 0 | -637K | -3.04M | -9.01M | -7.92M | -2.48M | -6.53M | -11.75M |
| Other Financing | -79.5M | -43.34M | -34.13M | -42.35M | -6.96M | -49.02M | -11.78M | -27.55M | -20.67M |
| Net Change in Cash | 93.25M▲ 0% | -84.23M▼ 190.3% | 257.3M▲ 405.5% | 928.54M▲ 260.9% | -662.74M▼ 171.4% | 38.06M▲ 105.7% | 416.34M▲ 994.0% | 270.1M▼ 35.1% | -1.29B▼ 578.8% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 89.43M | 182.68M | 98.45M | 355.75M | 1.28B | 621.55M | 659.6M | 1.08B | 1.35B |
| Cash at End | 182.68M | 98.45M | 355.75M | 1.28B | 621.55M | 659.6M | 1.08B | 1.35B | 52.84M |
| Free Cash Flow | 11.98M▲ 0% | 200.43M▲ 1572.4% | 183.21M▼ 8.6% | 111.94M▼ 38.9% | 79.74M▼ 28.8% | 106.71M▲ 33.8% | 180.6M▲ 69.2% | 133.92M▼ 25.8% | 87.02M▼ 35.0% |
| FCF Growth % | -96.46% | 1572.37% | -8.59% | -38.9% | -28.77% | 33.82% | 69.25% | -25.85% | -35.02% |
| FCF / Revenue % | 2.62% | 33.37% | 36.5% | 31.26% | 22.26% | 19.63% | 34.39% | 26.2% | 22.18% |
Ladder Capital Corp (LADR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 0.99 | 1.23 | 2.26 | 1.53 | 0.24 | 0.77 | 1.4 | 1.06 | 1.13 | 0.77 |
| FFO Payout Ratio | 63.32% | 74.23% | 55.75% | 88.93% | 442.51% | 104.51% | 60.58% | 87.64% | 82.73% | 120.46% |
| NOI Margin | 71.51% | 74.31% | 80.8% | 78.25% | 66.92% | 68.92% | 78.9% | 79.08% | 77.24% | 71.77% |
| Net Debt / EBITDA | 17.63x | 21.46x | 7.92x | 26.90x | 13.11x | 13.16x | 9.13x | 7.48x | 5.00x | 12.55x |
| Debt / Assets | 50.82% | 64.83% | 60.4% | 72.87% | 71.58% | 72.12% | 71.34% | 68.64% | 65.09% | 68.13% |
| Interest Coverage | 1.99x | 1.91x | 2.18x | 1.68x | 0.92x | 1.32x | 1.87x | 1.43x | 1.50x | 1.38x |
| Book Value / Share | 14.02 | 13.56 | 16.83 | 15.4 | 13.77 | 12.15 | 12.19 | 12.27 | 12.19 | 11.74 |
| Revenue Growth | -9.32% | 15.82% | 31.53% | -16.44% | -28.65% | 0.03% | 51.78% | -3.43% | -2.64% | -23.26% |
Ladder Capital Corp (LADR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 23, 2026·SEC
Feb 5, 2026·SEC
Oct 23, 2025·SEC
Ladder Capital Corp (LADR) stock FAQ — growth, dividends, profitability & financials explained
Ladder Capital Corp (LADR) reported $388.5M in revenue for fiscal year 2025. This represents a 170% increase from $143.7M in 2011.
Ladder Capital Corp (LADR) saw revenue decline by 23.3% over the past year.
Yes, Ladder Capital Corp (LADR) is profitable, generating $64.2M in net income for fiscal year 2025 (16.4% net margin).
Yes, Ladder Capital Corp (LADR) pays a dividend with a yield of 9.07%. This makes it attractive for income-focused investors.
Ladder Capital Corp (LADR) has a return on equity (ROE) of 4.3%. This is below average, suggesting room for improvement.
Ladder Capital Corp (LADR) generated Funds From Operations (FFO) of $97.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Ladder Capital Corp (LADR) offers a 9.07% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Ladder Capital Corp (LADR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates