LOB - Live Oak Bancshares, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$41.00
DETAILS
HIGH:
$41.00
LOW:
$41.00
MEDIAN:
$41.00
CONSENSUS:
$41.00
UPSIDE:
9.98%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 1,041.2 | 929.3 | 776.6 | 508.8 | 506.4 | 378.3 | 289.5 | 253.3 | 203.2 | 144.8 | 113.0 | 81.2 | 60.6 | 54.2 | 40.9 |
| Cost of Revenue | 538.2 | 532.7 | 394.3 | 157.9 | 79.6 | 134.3 | 103.1 | 60.2 | 35.0 | 27.2 | 12.7 | 8.6 | 3.7 | 5.7 | 5.6 |
| Gross Profit | 503.0 | 396.6 | 382.3 | 350.9 | 426.8 | 244.0 | 186.4 | 193.2 | 168.3 | 117.6 | 100.3 | 72.5 | 56.9 | 48.4 | 35.3 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 253.9 | 205.3 | 204.3 | 191.1 | 137.0 | 123.5 | 109.3 | 99.6 | 95.1 | 74.2 | 48.8 | 35.1 | 24.8 | 21.6 | 13.2 |
| Other Expenses | 88.2 | 102.1 | 95.2 | (50.5) | 79.0 | 73.1 | 53.7 | 47.5 | (25.1) | 26.2 | 17.1 | 20.0 | 4.1 | 12.1 | 7.8 |
| Operating Expenses | 342.0 | 307.4 | 299.4 | 140.6 | 216.0 | 196.6 | 162.9 | 147.1 | 70.0 | 100.4 | 65.9 | 55.1 | 29.0 | 33.6 | 21.0 |
| Operating Income | |||||||||||||||
| Operating Income | 161.0 | 89.2 | 82.8 | 210.3 | 210.8 | 47.4 | 23.5 | 46.0 | 98.3 | 17.2 | 34.4 | 17.4 | 27.9 | 14.8 | 14.3 |
| Interest Expense | 460.1 | 436.5 | 343.0 | 117.0 | 64.4 | 93.7 | 87.9 | 54.6 | 25.4 | 14.6 | 8.9 | 5.9 | 4.5 | 3.6 | 2.7 |
| Interest Income | 908.5 | 812.4 | 688.3 | 444.5 | 361.2 | 288.4 | 228.0 | 162.6 | 103.5 | 57.3 | 34.5 | 20.5 | 15.3 | 11.7 | 8.7 |
| Profitability | |||||||||||||||
| EBITDA | 185.1 | 112.5 | 104.1 | 231.1 | 232.2 | 69.1 | 43.4 | 62.4 | 108.5 | 21.5 | 37.8 | 19.6 | 29.4 | 15.5 | 14.6 |
| EBIT | 161.0 | 89.2 | 82.8 | 210.3 | 210.8 | 47.4 | 23.5 | 46.0 | 98.3 | 17.2 | 34.4 | 17.4 | 27.9 | 14.8 | 14.3 |
| Income Before Tax | 161.0 | 89.2 | 82.8 | 210.3 | 210.8 | 47.4 | 23.5 | 46.0 | 98.3 | 17.2 | 34.4 | 17.4 | 27.9 | 14.8 | 14.3 |
| Income Tax Expense | 57.3 | 11.8 | 8.9 | 34.1 | 43.8 | (12.2) | 5.4 | (5.4) | (2.2) | 3.4 | 13.8 | 7.4 | (0.1) | 0 | 0 |
| Net Income | 103.8 | 77.5 | 73.9 | 176.2 | 167.0 | 59.5 | 18.0 | 51.4 | 100.5 | 13.8 | 20.6 | 10.0 | 28.1 | 16.1 | 14.3 |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 2.24 | 1.72 | 1.67 | 4.02 | 3.87 | 1.46 | 0.45 | 1.28 | 2.75 | 0.40 | 0.66 | 0.35 | 0.98 | 0.41 | 0.50 |
| EPS (Diluted) | 2.22 | 1.69 | 1.64 | 3.92 | 3.71 | 1.43 | 0.44 | 1.24 | 2.65 | 0.39 | 0.65 | 0.34 | 0.96 | 0.41 | 0.49 |
| Shares Outstanding | 45.9 | 45.0 | 44.4 | 43.9 | 43.2 | 40.7 | 40.2 | 40.1 | 36.6 | 34.2 | 31.1 | 28.6 | 28.6 | 24.0 | 28.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 865.2 | 609.0 | 582.8 | 284.2 | 192.0 | 303.7 | 131.9 | 324.1 | 298.3 | 245.3 |
| Short-Term Investments | 861.6 | 25.3 | 1,126.2 | 1,014.7 | 906.1 | 750.1 | 540.0 | 380.5 | 93.4 | 71.1 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,726.8 | 634.4 | 1,709.0 | 1,299.0 | 1,098.0 | 1,053.8 | 671.9 | 704.6 | 388.6 | 316.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 240.2 | 264.1 | 257.9 | 263.3 | 240.2 | 259.3 | 279.1 | 262.5 | 178.8 | 64.7 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.2 | 7.3 | 18.7 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | 2.7 | 3.3 |
| Long-Term Investments | 12,201.4 | 11,634.7 | 8,895.0 | 7,802.2 | 6,574.2 | 6,268.1 | 3,565.5 | 2,498.4 | 2,000.2 | 1,283.6 |
| Other Non-Current Assets | 966.4 | 410.2 | 409.5 | 491.0 | 301.0 | 291.2 | 296.3 | 205.0 | 187.8 | 90.7 |
| Total Non-Current Assets | 13,408.0 | 12,309.0 | 9,562.5 | 8,556.5 | 7,115.4 | 6,818.5 | 4,140.9 | 2,965.9 | 2,366.8 | 1,438.9 |
| Total Assets | 15,134.8 | 12,943.4 | 11,271.4 | 9,855.5 | 8,213.4 | 7,872.3 | 4,812.8 | 3,670.4 | 2,758.5 | 1,755.3 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 50 | 8 | 14.5 | 0 | 1.4 | 23.0 | 23.9 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 13,688.7 | 11,760.5 | 10,275.0 | 8,884.9 | 7,112.0 | 5,712.8 | 4,227.0 | 3,149.6 | 2,260.3 | 1,485.1 |
| Total Current Liabilities | 13,688.7 | 11,760.5 | 10,275.0 | 8,934.9 | 7,120.0 | 5,727.3 | 4,227.0 | 3,151.0 | 2,283.3 | 1,508.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 102.4 | 112.8 | 23.4 | 33.2 | 310.3 | 1,527.6 | 0.0 | 1.4 | 3.6 | 4.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 89.6 | 66.6 | 70.4 | 76.3 | 67.9 | 49.5 | 53.4 | 24.4 | 34.7 | 15.5 |
| Total Non-Current Liabilities | 192.0 | 179.4 | 93.7 | 109.5 | 378.2 | 1,577.1 | 53.5 | 25.9 | 38.3 | 23.5 |
| Total Liabilities | 13,880.7 | 11,939.9 | 10,368.8 | 9,044.5 | 7,498.3 | 7,304.5 | 4,280.4 | 3,176.9 | 2,321.5 | 1,532.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 388.4 | 365.6 | 344.6 | 330.9 | 312.3 | 310.6 | 340.4 | 328.1 | 317.7 | 200.0 |
| Retained Earnings | 809.9 | 715.8 | 642.8 | 572.5 | 400.9 | 235.7 | 180.3 | 167.1 | 120.2 | 23.5 |
| Accumulated Other Comprehensive Income | (44.7) | (82.3) | (84.7) | (92.3) | 1.9 | 21.5 | 11.7 | (1.7) | (1.0) | (0.7) |
| Total Stockholders' Equity | 1,249.9 | 999.0 | 902.7 | 811.0 | 715.1 | 567.9 | 532.4 | 493.6 | 436.9 | 222.8 |
| Total Liabilities & Equity | 15,134.8 | 12,943.4 | 11,271.4 | 9,855.5 | 8,213.4 | 7,872.3 | 4,812.8 | 3,670.4 | 2,758.5 | 1,755.3 |
| Debt Metrics | ||||||||||
| Total Debt | 102.4 | 112.8 | 23.4 | 83.2 | 318.3 | 1,542.1 | 0.0 | 2.9 | 26.6 | 31.8 |
| Net Debt | (762.8) | (496.2) | (559.4) | (201.0) | 126.3 | 1,238.4 | (131.8) | (321.2) | (271.7) | (213.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 105.6 | 77.4 | 73.9 | 176.2 | 167.0 | 59.5 | 18.0 | 51.4 | 100.5 | 13.8 |
| Depreciation & Amortization | 30.4 | 23.3 | 21.3 | 20.8 | 21.4 | 21.7 | 20.0 | 16.4 | 10.3 | 4.3 |
| Stock-Based Compensation | 26.2 | 26.2 | 17.9 | 20.3 | 17.0 | 14.7 | 11.7 | 9.2 | 7.5 | 12.1 |
| Change in Working Capital | 43.6 | 5.7 | 39.5 | (22.3) | 2.1 | (62.3) | 18.3 | (15.6) | (22.7) | (7.7) |
| Other Non-Cash Items | (36.0) | 415.3 | 489.7 | (97.7) | (351.9) | (277.3) | (552.1) | (49.2) | (395.2) | (240.1) |
| Operating Cash Flow | 158.2 | 536.5 | 620.1 | 124.5 | (119.7) | (261.0) | (482.5) | 6.3 | (287.5) | (221.9) |
| Investing Activities | ||||||||||
| Capital Expenditure | (14.8) | (49.3) | (46.8) | (43.8) | (3.1) | (21.0) | (37.2) | (111.3) | (124.1) | (10.9) |
| Acquisitions | 4.4 | 0 | 0 | 0 | 0 | (0.9) | 0 | (0.2) | (7.7) | 0 |
| Purchases of Investments | (311.5) | (285.1) | (246.2) | (442.6) | (428.2) | (396.2) | (253.1) | (347.2) | (43.1) | (37.4) |
| Sales/Maturities of Investments | 260.1 | 154.7 | 121.8 | 310.3 | 255.1 | 197.5 | 111.3 | 56.6 | 19.7 | 19.1 |
| Other Investing Activities | (1,842.4) | (1,899.4) | (1,603.6) | (1,266.3) | 26.4 | (2,398.9) | (505.6) | (443.3) | (379.8) | (290.9) |
| Investing Cash Flow | (1,904.2) | (2,079.1) | (1,774.9) | (1,442.3) | (149.8) | (2,619.5) | (684.6) | (845.4) | (535.0) | (320.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (10.4) | 89.5 | (59.8) | (235.1) | (1,223.8) | 1,542.1 | (1.4) | (25.1) | (1.3) | (0.5) |
| Stock Repurchased | 0 | 0 | 0 | 0 | (1.0) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (8.5) | (5.4) | (5.3) | (5.3) | (5.2) | (4.9) | (4.8) | (4.8) | (3.8) | (2.7) |
| Other Financing Activities | 1,920.5 | 1,481.1 | 1,385.9 | 1,771.1 | 1,384.9 | 1,440.2 | 1,075.4 | 893.0 | 771.8 | 680.7 |
| Financing Cash Flow | 2,002.1 | 1,568.9 | 1,320.8 | 1,530.7 | 154.9 | 2,977.4 | 1,069.2 | 863.1 | 879.8 | 677.4 |
| Cash Position | ||||||||||
| Net Change in Cash | 256.1 | 26.3 | 165.9 | 212.9 | (114.6) | 96.9 | (97.9) | 24.0 | 57.3 | 135.4 |
| Cash at Beginning | 608.8 | 582.5 | 416.6 | 203.8 | 318.3 | 221.4 | 319.3 | 295.3 | 238.0 | 102.6 |
| Cash at End | 864.9 | 608.8 | 582.5 | 416.6 | 203.8 | 318.3 | 221.4 | 319.3 | 295.3 | 238.0 |
| Free Cash Flow | 143.5 | 487.2 | 573.2 | 80.7 | (122.8) | (282.0) | (519.7) | (105.0) | (411.7) | (232.8) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 1,041.2 | 929.3 | 776.6 | 508.8 | 506.4 | 378.3 | 289.5 | 253.3 | 203.2 | 144.8 | 113.0 | 81.2 | 60.6 | 54.2 | 40.9 |
| Gross Profit | 503.0 | 396.6 | 382.3 | 350.9 | 426.8 | 244.0 | 186.4 | 193.2 | 168.3 | 117.6 | 100.3 | 72.5 | 56.9 | 48.4 | 35.3 |
| Operating Income | 161.0 | 89.2 | 82.8 | 210.3 | 210.8 | 47.4 | 23.5 | 46.0 | 98.3 | 17.2 | 34.4 | 17.4 | 27.9 | 14.8 | 14.3 |
| Net Income | 103.8 | 77.5 | 73.9 | 176.2 | 167.0 | 59.5 | 18.0 | 51.4 | 100.5 | 13.8 | 20.6 | 10.0 | 28.1 | 16.1 | 14.3 |
| EPS (Diluted) | 2.22 | 1.69 | 1.64 | 3.92 | 3.71 | 1.43 | 0.44 | 1.24 | 2.65 | 0.39 | 0.65 | 0.34 | 0.96 | 0.41 | 0.49 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 865.2 | 609.0 | 582.8 | 284.2 | 192.0 | 303.7 | 131.9 | 324.1 | 298.3 | 245.3 | |||||
| Total Assets | 15,134.8 | 12,943.4 | 11,271.4 | 9,855.5 | 8,213.4 | 7,872.3 | 4,812.8 | 3,670.4 | 2,758.5 | 1,755.3 | |||||
| Total Debt | 102.4 | 112.8 | 23.4 | 83.2 | 318.3 | 1,542.1 | 0.0 | 2.9 | 26.6 | 31.8 | |||||
| Stockholders' Equity | 1,249.9 | 999.0 | 902.7 | 811.0 | 715.1 | 567.9 | 532.4 | 493.6 | 436.9 | 222.8 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 158.2 | 536.5 | 620.1 | 124.5 | (119.7) | (261.0) | (482.5) | 6.3 | (287.5) | (221.9) | |||||
| Capital Expenditure | (14.8) | (49.3) | (46.8) | (43.8) | (3.1) | (21.0) | (37.2) | (111.3) | (124.1) | (10.9) | |||||
| Free Cash Flow | 143.5 | 487.2 | 573.2 | 80.7 | (122.8) | (282.0) | (519.7) | (105.0) | (411.7) | (232.8) | |||||