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LendingTree, Inc. (TREE) 10-Year Financial Performance & Capital Metrics

TREE • • Banking & Credit
Financial ServicesFinancial ConglomeratesSpecialized Lending & InvestmentOnline Lending Marketplaces
AboutLendingTree, Inc., through its subsidiary, LT Intermediate Company, LLC, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, reverse mortgage, and home equity loans; lines of credit; and real estate brokerage services. The Consumer segment provides credit cards; personal, small business, student, and auto loans; deposit accounts; and other credit products, such as credit repair and debt settlement services. The Insurance segment includes information, tools, and access to insurance quote products, including home and automobile, through which consumers are matched with insurance lead aggregators to obtain insurance offers. LendingTree, Inc. also operates Student Loan Hero, a personal finance website dedicated to helping student loan borrowers manage their student debt; QuoteWizard.com, a marketplace for insurance comparison; ValuePenguin, a personal finance website that offers consumers objective analysis on various financial topics from insurance to credit cards; and Stash, a consumer investing and banking platform that offers a suite of personal investment accounts, traditional and Roth IRAs, custodial investment accounts, and banking services, including checking accounts and debit cards with a Stock-Back rewards program. The company was formerly known as Tree.com, Inc. and changed its name to LendingTree, Inc. in January 2015. LendingTree, Inc. was incorporated in 1996 and is headquartered in Charlotte, North Carolina.Show more
  • Net Interest Income -$28M
  • Total Revenue $900M +33.9%
  • Net Income -$42M +65.9%
  • Return on Equity -35.8% +51.4%
  • Net Interest Margin -3.63%
  • Efficiency Ratio 91.04% -9.2%
  • ROA -5.31% +56.6%
  • Equity / Assets 14.18% -8.3%
  • Book Value per Share 8.20 -14.5%
  • Tangible BV/Share -23.81
  • Debt/Equity 5.00 +1.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Well capitalized: 14.2% equity/assets
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗High debt to equity ratio of 5.0x
  • ✗Weak NIM of -3.6%
  • ✗High cost structure: 91.0% efficiency ratio

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y18.32%
5Y-4.04%
3Y-6.42%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM138.8%

EPS CAGR

10Y-
5Y-
3Y-
TTM110.76%

ROCE

10Y Avg6.24%
5Y Avg-0.06%
3Y Avg-0.12%
Latest7.12%

Peer Comparison

Online Lending Marketplaces
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TREELendingTree, Inc.918.26M67.17-21.3933.86%-4.63%10.69%5.56%5.00

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+-171K-561K-7.03M-12.44M-20.27M-36.3M-46.87M-26.01M0-27.85M
NII Growth %-84.5%-2.28%-11.53%-0.77%-0.63%-0.79%-0.29%0.44%1%-
Net Interest Margin %----------
Interest Income0000000000
Interest Expense171K561K7.03M12.44M20.27M36.3M46.87M26.01M027.85M
Loan Loss Provision9.2M13.2M10.2M23.96M48.11M18.19M10.43M31.75M38.76M8.22M
Non-Interest Income+254.22M384.4M617.74M764.87M1.11B909.99M1.1B984.99M672.5M900.22M
Non-Interest Income %----------
Total Revenue+254.22M384.4M617.74M764.87M1.11B909.99M1.1B984.99M672.5M900.22M
Revenue Growth %0.52%0.51%0.61%0.24%0.45%-0.18%0.21%-0.1%-0.32%0.34%
Non-Interest Expense216.33M318.53M567.38M672.27M987.5M862.1M1.03B959.99M674.36M819.52M
Efficiency Ratio----------
Operating Income+28.51M52.11M33.13M56.19M50.73M-6.6M8.03M-32.76M-40.61M44.63M
Operating Margin %----------
Operating Income Growth %30.43%0.83%-0.36%0.7%-0.1%-1.13%2.22%-5.08%-0.24%2.1%
Pretax Income+28.34M51.57M25.71M43.74M30.98M-42.53M84.44M-54.93M-124.92M-37.38M
Pretax Margin %----------
Income Tax+-22.97M20.37M6.29M-65.58M-8.48M-19.96M11.3M133.02M-2.52M4.32M
Effective Tax Rate %----------
Net Income+48.05M27.49M15.58M96.5M17.83M-48.26M69.11M-187.95M-122.4M-41.7M
Net Margin %----------
Net Income Growth %4.13%-0.43%-0.43%5.19%-0.82%-3.71%2.43%-3.72%0.35%0.66%
Net Income (Continuing)51.32M31.21M19.42M109.32M39.46M-22.57M73.14M-187.95M-122.4M-41.7M
EPS (Diluted)+3.832.151.146.852.70-3.715.05-14.69-9.46-3.14
EPS Growth %3.56%-0.44%-0.47%5.01%-0.61%-2.37%2.36%-3.91%0.36%0.67%
EPS (Basic)4.172.331.307.721.39-3.715.24-14.69-9.46-3.14
Diluted Shares Outstanding12.54M12.77M13.68M14.1M14.62M13.01M13.7M12.79M12.94M13.27M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks206.97M91.13M368.55M105.1M60.24M169.93M251.23M298.85M112.05M106.59M
Short Term Investments0000000000
Total Investments+0000080M158.14M174.58M60.08M1.7M
Investments Growth %1%-----0.98%0.1%-0.66%-0.97%
Long-Term Investments0000080M158.14M174.58M60.08M1.7M
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+----------
Goodwill3.63M56.46M113.37M348.35M420.14M420.14M420.14M420.14M381.54M381.54M
Intangible Assets10.99M71.68M81.13M205.7M181.58M128.5M85.76M58.31M50.62M43.28M
PP&E (Net)9.41M35.46M36.43M23.18M56.88M146.49M149.82M126.21M107.7M95.34M
Other Assets5.18M4.59M4.34M5.43M12.28M21.23M23.53M6.1M4.25M7.35M
Total Current Assets245.58M140.62M438.04M234.17M189.43M296.41M374.38M413.97M196.48M238.46M
Total Non-Current Assets50.2M185.24M255.42M661.94M758.54M892.58M924.98M785.35M606.28M529.21M
Total Assets+295.78M325.86M693.46M896.12M947.97M1.19B1.3B1.2B802.76M767.67M
Asset Growth %1.11%0.1%1.13%0.29%0.06%0.25%0.09%-0.08%-0.33%-0.04%
Return on Assets (ROA)0.22%0.09%0.03%0.12%0.02%-0.05%0.06%-0.15%-0.12%-0.05%
Accounts Payable5.74M5.59M9.25M15.07M2.87M10.11M1.69M2.03M1.96M8.36M
Total Debt+00238.2M375.94M367.63M709.15M748.92M912.76M611.15M544.09M
Net Debt-206.97M-91.13M-130.35M270.84M307.39M539.22M497.69M613.92M499.1M437.5M
Long-Term Debt00238.2M250.94M264.39M611.41M478.15M813.52M525.62M344.12M
Short-Term Debt000125M75M0166.01M2.5M3.13M124.93M
Other Liabilities612K25.29M12.87M36.12M29.19M8.61M351K7.09M267K131K
Total Current Liabilities54.03M66.71M147.52M261.95M230.71M111.84M274.43M82.53M75.63M240.48M
Total Non-Current Liabilities612K27.72M251.07M287.95M314.94M712.39M576.93M908.84M603M418.38M
Total Liabilities54.64M94.42M398.58M549.91M545.64M824.23M851.36M991.37M678.63M658.85M
Total Equity+241.14M231.44M294.87M346.21M402.33M364.76M447.99M207.94M124.13M108.82M
Equity Growth %1.5%-0.04%0.27%0.17%0.16%-0.09%0.23%-0.54%-0.4%-0.12%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)0.28%0.12%0.06%0.3%0.05%-0.13%0.17%-0.57%-0.74%-0.36%
Book Value per Share19.2318.1221.5524.5627.5228.0432.7116.259.598.20
Tangible BV per Share----------
Common Stock139K140K142K154K157K158K161K162K164K167K
Additional Paid-in Capital1.01B1.02B1.09B1.13B1.18B1.19B1.24B1.19B1.23B1.25B
Retained Earnings-750.12M-722.63M-708.35M-610.48M-592.65M-640.91M-571.79M-715.3M-837.7M-879.41M
Accumulated OCI-6.94M-9.74M-13.04M-13.89M000000
Treasury Stock-15.56M-64.08M-85.08M-177.69M-183.16M-183.16M-223.17M-266.18M-266.18M-266.18M
Preferred Stock0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+28.95M48.25M98.73M110.71M143.92M38.57M124.87M42.97M67.57M62.26M
Operating CF Growth %57.99%0.67%1.05%0.12%0.3%-0.73%2.24%-0.66%0.57%-0.08%
Net Income51.32M31.21M19.42M109.32M39.46M-22.57M73.14M-187.95M-122.4M-41.7M
Depreciation & Amortization3.16M6.19M21.55M31.48M66.45M67.28M60.65M45.4M26.76M24.19M
Deferred Taxes-29.97M6.37M-6.37M-63.9M-8.55M-9.63M10.91M132.67M-4.69M2.79M
Other Non-Cash Items-7.1M-14.56M27.67M-8.1M17.97M-24.76M-12.85M17.04M110.46M51.76M
Working Capital Changes3.04M9.4M13.11M-2.46M-23.58M-25.49M-6.97M-23.82M17.76M-3.35M
Cash from Investing+4.9M-117.22M-74.44M-383.04M-101.06M-122.15M13.38M-27.88M-12.48M-11.22M
Purchase of Investments00000-80M-1.18M-16.44M00
Sale/Maturity of Investments0000001000K000
Net Investment Activity----------
Acquisitions-37K-85.68M-66.39M-368.13M-105.1M00000
Other Investing12.18M2.45M-2K-13.24M24.08M03.32M7K50K2K
Cash from Financing+86.91M-52.64M253.13M4.84M-87.68M193.29M-56.96M32.67M-242.01M-56.5M
Dividends Paid-131K000000000
Share Repurchases-218K-48.52M-19.9M-93.7M-5.47M0-40.01M-43.01M00
Stock Issued91.48M000000000
Net Stock Activity----------
Debt Issuance (Net)001000K1000K-1000K1000K-1000K1000K-1000K-1000K
Other Financing-8.83M-4.12M-26.97M-26.45M-32.21M-72.85M-14.45M-3.55M-2.67M-10.16M
Net Change in Cash+120.76M-115.84M277.42M-267.48M-44.82M109.71M81.29M47.63M-186.91M-5.46M
Exchange Rate Effect0000000000
Cash at Beginning86.21M206.97M91.13M372.64M105.16M60.34M170.05M251.34M298.97M112.06M
Cash at End206.97M91.13M368.55M105.16M60.34M170.05M251.34M298.97M112.06M106.59M
Interest Paid60K320K1.33M3.59M7M4.74M019.02M23.68M38.2M
Income Taxes Paid703K3.1M20.36M541K25K561K0404K1.28M1.68M
Free Cash Flow+21.72M14.27M90.69M95.81M123.88M-3.58M89.81M31.52M55.04M51.04M
FCF Growth %5.98%-0.34%5.36%0.06%0.29%-1.03%26.09%-0.65%0.75%-0.07%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)28.47%11.64%5.92%30.1%4.76%-12.58%17.01%-57.31%-73.72%-35.8%
Return on Assets (ROA)22.06%8.85%3.06%12.14%1.93%-4.52%5.56%-15.04%-12.23%-5.31%
Net Interest Margin-0.06%-0.17%-1.01%-1.39%-2.14%-3.05%-3.61%-2.17%0%-3.63%
Efficiency Ratio85.1%82.86%91.85%87.89%89.24%94.74%94.05%97.46%100.28%91.04%
Equity / Assets81.53%71.02%42.52%38.63%42.44%30.68%34.48%17.34%15.46%14.18%
Book Value / Share19.2318.1221.5524.5627.5228.0432.7116.259.598.2
NII Growth-8450%-228.07%-1152.76%-76.96%-62.99%-79.07%-29.11%44.49%100%-
Dividend Payout0.27%---------

Revenue by Segment

2015201620172018201920202021202220232024
Other Products And Services---222.72M28.84M2.04M663K427K199K199K
Other Products And Services Growth-----87.05%-92.94%-67.42%-35.60%-53.40%0.00%
Non-mortgage Products88.94M164.41M341.83M522.69M------
Non-mortgage Products Growth-84.85%107.91%52.91%------
Mortgage Products165.27M219.99M275.91M242.18M------
Mortgage Products Growth-33.11%25.42%-12.23%------
Credit Cards---165.78M------
Credit Cards Growth----------
Personal Loans---134.2M------
Personal Loans Growth----------

Frequently Asked Questions

Growth & Financials

LendingTree, Inc. (TREE) grew revenue by 33.9% over the past year. This is strong growth.

Yes, LendingTree, Inc. (TREE) is profitable, generating $14.2M in net income for fiscal year 2024 (-4.6% net margin).

Dividend & Returns

LendingTree, Inc. (TREE) has a return on equity (ROE) of -35.8%. Negative ROE indicates the company is unprofitable.

Industry Metrics

LendingTree, Inc. (TREE) has a net interest margin (NIM) of -3.6%. NIM has been under pressure due to interest rate environment.

LendingTree, Inc. (TREE) has an efficiency ratio of 91.0%. This is higher than peers, suggesting room for cost optimization.

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