Financials in USD. Standardized financial statements.
A compact view of how Ladder Capital Corp turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $392.30M | $511.22M | $525.09M | $543.71M | $358.21M | $358.10M | $501.87M | $600.64M | $456.66M | $394.30M |
| Revenue Growth? | -23.3% | -2.6% | -3.4% | +51.8% | +0.0% | -28.6% | -16.4% | +31.5% | +15.8% | 0.0% |
| Cost of Revenue? | $110.77M | $116.34M | $109.86M | $114.71M | $111.35M | $118.45M | $109.15M | $115.29M | $117.30M | $112.33M |
| Gross Profit? | $281.54M | $394.88M | $415.23M | $429.00M | $246.87M | $239.65M | $392.72M | $485.35M | $339.36M | $281.97M |
| Gross Margin? | +71.8% | +77.2% | +79.1% | +78.9% | +68.9% | +66.9% | +78.3% | +80.8% | +74.3% | +71.5% |
| Operating Expenses? | $38.17M | $62.55M | $76.87M | $65.28M | $7.67M | $55.49M | $254.08M | $55.84M | $200.48M | $163.03M |
| Operating Income? | $243.37M | $332.32M | $338.37M | $363.72M | $239.19M | $184.16M | $138.63M | $429.51M | $138.88M | $118.93M |
| EBITDA? | $275.39M | $366.46M | $381.55M | $400.25M | $280.46M | $249.54M | $383.87M | $462.83M | $319.25M | $280.21M |
| Income Before Tax | $67.19M | $110.89M | $104.75M | $170.21M | $57.82M | -$19.25M | $139.65M | $228.32M | $133.59M | $120.04M |
| Income Tax Expense | $3.49M | $3.45M | $4.24M | $4.91M | $928,000 | -$9.79M | $2.65M | $6.64M | $7.71M | $6.32M |
| Net Income? | $64.18M | $108.25M | $101.13M | $142.22M | $56.52M | -$14.45M | $122.64M | $180.01M | $95.28M | $66.73M |
| EPS? | $0.51 | $0.86 | $0.81 | $1.14 | $0.46 | $-0.13 | $1.16 | $1.85 | $1.16 | $1.08 |
| Diluted EPS? | $0.51 | $0.86 | $0.81 | $1.13 | $0.45 | $-0.13 | $1.15 | $1.84 | $1.13 | $1.06 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality