LADR - Ladder Capital Corp
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$13.00
DETAILS
HIGH:
$13.00
LOW:
$13.00
MEDIAN:
$13.00
CONSENSUS:
$13.00
UPSIDE:
28.33%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 392.3 | 511.2 | 525.1 | 543.7 | 358.2 | 358.1 | 501.9 | 600.6 | 456.7 | 394.3 | 434.8 | 391.5 | 362.7 | 289.6 | 143.7 | 166.0 |
| Cost of Revenue | 110.8 | 116.3 | 109.9 | 114.7 | 111.3 | 118.5 | 109.2 | 115.3 | 117.3 | 112.3 | 118.0 | 93.9 | 67.0 | 7.3 | 2.1 | 0.8 |
| Gross Profit | 281.5 | 394.9 | 415.2 | 429 | 246.9 | 239.7 | 392.7 | 485.4 | 339.4 | 282.0 | 316.8 | 297.6 | 295.7 | 282.3 | 141.6 | 165.2 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 38.2 | 62.6 | 76.9 | 65.3 | 7.7 | 55.5 | 254.1 | 55.8 | 200.5 | 163.0 | 154.9 | 171.2 | 57.7 | 75.1 | 32.9 | 24.7 |
| Operating Expenses | 38.2 | 62.6 | 76.9 | 65.3 | 7.7 | 55.5 | 254.1 | 55.8 | 200.5 | 163.0 | 154.9 | 171.2 | 57.7 | 75.1 | 32.9 | 24.7 |
| Operating Income | ||||||||||||||||
| Operating Income | 243.4 | 332.3 | 338.4 | 363.7 | 239.2 | 184.2 | 138.6 | 429.5 | 138.9 | 118.9 | 161.9 | 126.3 | 238.0 | 207.2 | 108.7 | 140.5 |
| Interest Expense | 174.9 | 221.5 | 245.1 | 195.6 | 182.9 | 227.5 | 204.4 | 194.3 | 146.1 | 120.8 | 113.3 | 77.6 | 48.7 | 36.4 | 35.8 | 48.9 |
| Interest Income | 266.9 | 358.6 | 407.3 | 293.5 | 176.1 | 239.8 | 330.2 | 344.8 | 263.7 | 236.4 | 241.5 | 187.3 | 121.6 | 136.2 | 133.3 | 129.3 |
| Profitability | ||||||||||||||||
| EBITDA | 275.4 | 366.5 | 381.6 | 400.3 | 280.5 | 249.5 | 383.9 | 462.8 | 319.3 | 280.2 | 312.8 | 230.9 | 262.7 | 212.1 | 110.1 | 140.9 |
| EBIT | 242.1 | 332.4 | 349.8 | 365.8 | 240.8 | 208.2 | 344 | 422.6 | 279.7 | 240.9 | 274.0 | 201.8 | 241.2 | 208.5 | 109.1 | 140.5 |
| Income Before Tax | 67.2 | 110.9 | 104.7 | 170.2 | 57.8 | (19.2) | 139.6 | 228.3 | 133.6 | 120.0 | 160.7 | 124.2 | 192.5 | 172.0 | 73.2 | 91.6 |
| Income Tax Expense | 3.5 | 3.4 | 4.2 | 4.9 | 0.9 | (9.8) | 2.6 | 6.6 | 7.7 | 6.3 | 14.6 | 26.6 | 3.7 | 2.6 | 1.5 | 0.6 |
| Net Income | 64.2 | 108.3 | 101.1 | 142.2 | 56.5 | (14.4) | 122.6 | 180.0 | 95.3 | 66.7 | 73.8 | 31.6 | 189.8 | 169.5 | 71.7 | 91.0 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 0.51 | 0.86 | 0.81 | 1.14 | 0.46 | -0.13 | 1.16 | 1.85 | 1.16 | 1.08 | 1.43 | 0.90 | 3.90 | 3.49 | 1.48 | 1.87 |
| EPS (Diluted) | 0.51 | 0.86 | 0.81 | 1.13 | 0.45 | -0.13 | 1.15 | 1.84 | 1.13 | 1.06 | 0.72 | 0.86 | 3.90 | 3.49 | 1.48 | 1.87 |
| Shares Outstanding | 125.5 | 125.6 | 124.7 | 124.3 | 123.8 | 111.1 | 105.5 | 97.2 | 81.9 | 62.0 | 51.7 | 49.3 | 48.6 | 48.6 | 48.6 | 48.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 38.0 | 1,323.5 | 1,015.7 | 609.1 | 548.7 | 1,254.4 | 58.2 | 67.9 | 76.7 | 44.6 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 306.0 | 0 | 1,721.3 | 1,410.1 | 1,106.5 | 2,100.9 |
| Net Receivables | 2,170.2 | 1,539.0 | 3,111.9 | 3,865.0 | 13.6 | 2,312.6 | 21.3 | 27.2 | 26.8 | 25.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | (0.7) | (6,695.3) | (0.9) | (5.0) |
| Other Current Assets | (2,154.3) | (2,862.9) | (4,129.1) | (4,476.1) | 72.8 | 77.0 | 0.7 | 0 | 0 | 0 |
| Total Current Assets | 53.8 | 0 | 0 | 0 | 941.2 | 3,644.2 | 1,800.8 | 28.0 | 26.8 | 25.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 636.5 | 665.4 | 635.2 | 1.1 | 894.1 | 949.7 | 893.7 | 903.5 | 715.8 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 703.5 | 50.6 | 61.0 | 65.0 | 142.3 | 91.2 | 161.2 | 162.0 | 189.5 | 154.7 |
| Long-Term Investments | 2,132.8 | 1,110.7 | 537.2 | 593.7 | 3,968.0 | 1,104.6 | 1,769.7 | 1,450.5 | 1,142.0 | 2,135.0 |
| Other Non-Current Assets | (2,132.8) | (1,797.8) | (1,263.7) | (1,293.9) | 791.9 | 147.1 | (952.2) | (2,506.2) | (2,234.9) | (3,005.4) |
| Total Non-Current Assets | 703.5 | 0 | 0 | 0 | 4,910.1 | 2,237.0 | 1,930.9 | 6,272.9 | 6,025.6 | 5,578.3 |
| Total Assets | 5,152.6 | 4,845.1 | 5,512.7 | 5,951.2 | 5,851.3 | 5,881.2 | 6,669.2 | 6,272.9 | 6,025.6 | 5,578.3 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 1.3 | 0.0 | 0.4 |
| Short-Term Debt | 0 | 62.7 | 374.7 | 481.5 | 444.6 | 671.3 | 0 | 0 | 0 | 25 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | (1,591.8) | (8,277.3) | (7,834.1) | (4,068.8) |
| Other Current Liabilities | 31.8 | 0 | 0 | 2.4 | 0 | 0.7 | 1,481.1 | (122.6) | (91.0) | (118.8) |
| Total Current Liabilities | 108.3 | 173.8 | 472.1 | 581.7 | 512.4 | 742.8 | 0.2 | 1.3 | 0.0 | 25.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,510.4 | 3,072.9 | 3,409.3 | 3,764.2 | 3,775.1 | 3,538.5 | 4,859.9 | 3,788.9 | 4,055.8 | 3,917.1 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 9.0 | 0 | 4.7 | (4,629.2) | 7.1 | (4,068.8) |
| Other Non-Current Liabilities | 52.5 | 52.0 | 99.1 | 71.7 | 40.0 | 51.5 | (4,864.5) | (3,788.9) | (4,063.0) | (3,917.1) |
| Total Non-Current Liabilities | 3,562.9 | 3,138.3 | 3,508.4 | 3,835.9 | 3,825.2 | 3,590.1 | 5,030.2 | 4,629.2 | 4,537.5 | 4,068.8 |
| Total Liabilities | 3,671.2 | 3,312.1 | 3,980.5 | 4,417.6 | 4,337.6 | 4,332.8 | 5,030.2 | 4,629.2 | 4,537.5 | 4,068.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | (260.1) | (206.9) | (197.9) | (177.0) | (207.8) | (163.7) | (35.7) | 11.3 | (39.1) | (11.1) |
| Accumulated Other Comprehensive Income | (4.1) | (4.9) | (13.9) | (21.0) | (4.1) | (10.5) | 4.2 | (4.6) | (0.2) | 1.4 |
| Total Stockholders' Equity | 1,483.9 | 1,535.0 | 1,533.1 | 1,533.3 | 1,507.1 | 1,543.2 | 1,458.3 | 1,445.2 | 1,235.0 | 971.4 |
| Total Liabilities & Equity | 5,152.6 | 4,845.1 | 5,512.7 | 5,951.2 | 5,851.3 | 5,881.2 | 6,669.2 | 6,272.9 | 6,025.6 | 5,578.3 |
| Debt Metrics | ||||||||||
| Total Debt | 3,510.4 | 3,153.5 | 3,783.9 | 4,245.7 | 4,220.7 | 4,209.9 | 4,859.9 | 3,788.9 | 3,906.4 | 2,835.0 |
| Net Debt | 3,472.4 | 1,830.0 | 2,768.3 | 3,636.6 | 3,672.0 | 2,955.4 | 4,801.7 | 3,721.0 | 3,829.7 | 2,790.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 63.7 | 107.4 | 100.5 | 165.3 | 56.9 | (9.5) | 137.0 | 221.7 | 125.9 | 113.7 |
| Depreciation & Amortization | 30.7 | 30.6 | 28.1 | 30.9 | 35.9 | 36.8 | 37.2 | 40.2 | 39.5 | 39.3 |
| Stock-Based Compensation | 20.3 | 18.8 | 18.6 | 31.6 | 15.3 | 42.7 | 21.8 | 8.8 | 19.0 | 17.6 |
| Change in Working Capital | (19.4) | (9.6) | 34.4 | 30.1 | 1.4 | (37.2) | (6.1) | 22.5 | (9.3) | (15.1) |
| Other Non-Cash Items | (10.4) | (15.1) | (2.2) | (150.7) | (30.0) | 79.0 | (11.4) | (85.2) | (168.7) | 180.9 |
| Operating Cash Flow | 87.0 | 133.9 | 180.6 | 106.7 | 79.7 | 111.9 | 183.2 | 200.4 | 12.0 | 338.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,975.7) | (912.3) | (144.0) | (97.3) | (247.1) | (440.8) | (1,702.4) | (776.0) | (212.5) | (988.0) |
| Sales/Maturities of Investments | 947.7 | 312.8 | 254.2 | 195.7 | 609.7 | 1,086.4 | 1,359.7 | 453.5 | 1,216.1 | 1,293.5 |
| Other Investing Activities | (579.3) | 1,532.3 | 683.5 | (16.9) | (1,014.0) | 896.7 | 223.6 | (12.6) | (1,304.6) | (258.6) |
| Investing Cash Flow | (1,607.3) | 932.8 | 793.5 | 81.6 | (651.5) | 1,542.3 | (126.6) | (342.9) | (306.6) | 36.3 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 376.9 | (644.8) | (427.1) | 13.7 | 25.5 | (593.4) | 380.0 | 125.3 | 570.1 | (329.2) |
| Stock Repurchased | (11.8) | (6.5) | (2.5) | (7.9) | (9.0) | (3.0) | (0.6) | 0 | (2.6) | (4.7) |
| Dividends Paid | (117.4) | (117.7) | (116.4) | (107.0) | (100.6) | (118.9) | (144.5) | (122.8) | (100.1) | (67.2) |
| Other Financing Activities | (20.7) | (27.5) | (11.8) | (49.0) | (7.0) | (42.3) | (34.1) | (43.3) | (79.5) | (47.0) |
| Financing Cash Flow | 227.0 | (796.6) | (557.8) | (150.2) | (91.0) | (725.7) | 200.7 | 58.2 | 387.9 | (448.1) |
| Cash Position | ||||||||||
| Net Change in Cash | (1,293.2) | 270.1 | 416.3 | 38.1 | (662.7) | 928.5 | 257.3 | (84.2) | 93.3 | (73.4) |
| Cash at Beginning | 1,346.0 | 1,075.9 | 659.6 | 621.5 | 1,284.3 | 355.7 | 98.5 | 182.7 | 89.4 | 162.8 |
| Cash at End | 52.8 | 1,346.0 | 1,075.9 | 659.6 | 621.5 | 1,284.3 | 355.7 | 98.5 | 182.7 | 89.4 |
| Free Cash Flow | 87.0 | 133.9 | 180.6 | 106.7 | 79.7 | 111.9 | 183.2 | 200.4 | 12.0 | 338.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 392.3 | 511.2 | 525.1 | 543.7 | 358.2 | 358.1 | 501.9 | 600.6 | 456.7 | 394.3 | 434.8 | 391.5 | 362.7 | 289.6 | 143.7 | 166.0 |
| Gross Profit | 281.5 | 394.9 | 415.2 | 429 | 246.9 | 239.7 | 392.7 | 485.4 | 339.4 | 282.0 | 316.8 | 297.6 | 295.7 | 282.3 | 141.6 | 165.2 |
| Operating Income | 243.4 | 332.3 | 338.4 | 363.7 | 239.2 | 184.2 | 138.6 | 429.5 | 138.9 | 118.9 | 161.9 | 126.3 | 238.0 | 207.2 | 108.7 | 140.5 |
| Net Income | 64.2 | 108.3 | 101.1 | 142.2 | 56.5 | (14.4) | 122.6 | 180.0 | 95.3 | 66.7 | 73.8 | 31.6 | 189.8 | 169.5 | 71.7 | 91.0 |
| EPS (Diluted) | 0.51 | 0.86 | 0.81 | 1.13 | 0.45 | -0.13 | 1.15 | 1.84 | 1.13 | 1.06 | 0.72 | 0.86 | 3.90 | 3.49 | 1.48 | 1.87 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 38.0 | 1,323.5 | 1,015.7 | 609.1 | 548.7 | 1,254.4 | 58.2 | 67.9 | 76.7 | 44.6 | ||||||
| Total Assets | 5,152.6 | 4,845.1 | 5,512.7 | 5,951.2 | 5,851.3 | 5,881.2 | 6,669.2 | 6,272.9 | 6,025.6 | 5,578.3 | ||||||
| Total Debt | 3,510.4 | 3,153.5 | 3,783.9 | 4,245.7 | 4,220.7 | 4,209.9 | 4,859.9 | 3,788.9 | 3,906.4 | 2,835.0 | ||||||
| Stockholders' Equity | 1,483.9 | 1,535.0 | 1,533.1 | 1,533.3 | 1,507.1 | 1,543.2 | 1,458.3 | 1,445.2 | 1,235.0 | 971.4 | ||||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 87.0 | 133.9 | 180.6 | 106.7 | 79.7 | 111.9 | 183.2 | 200.4 | 12.0 | 338.4 | ||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Free Cash Flow | 87.0 | 133.9 | 180.6 | 106.7 | 79.7 | 111.9 | 183.2 | 200.4 | 12.0 | 338.4 | ||||||