Ladder Capital Corp LADR R2K

Real Estate · REIT - Mortgage · United States

https://www.laddercapital.com

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates and acquires balance sheet loans that provide interim financing to borrowers seeking short-term capital for the acquisition or transition of commercial real estate; originates conduit loans, which are first mortgage loans on commercial real estate properties for sale in commercial mortgage-backed securities securitizations; and invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. Its Securities segment invests in CMBS, U.S. Agency securities, corporate bonds, equity securities, and U.S. Treasury securities that are not classified as cash and cash equivalents. The Real Estate segment engages in net leased properties, other diversified real estate, and investments in unconsolidated ventures. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.

Market & Price

Market Cap

$1.30B

Current Price

$10.22

High / Low (52W)

$11.07 / $9.44

Beta

1.01

Valuation

Stock P/E

23.23

Industry PE

26.58

Forward P/E

8.57

PEG Ratio

Book Value

$11.34

Price to Book

0.90

P/S

6.03

EV/EBITDA

Dividend Yield

9.00%

Profitability & Returns

ROCE

ROE

3.70%

ROA

1.09%

Profit Margin

25.44%

Op Margin

6.11%

EPS (Latest Qtr)

$0.02

EPS (TTM)

$0.44

Balance Sheet & Liquidity

Debt/Equity

2.80

Quick Ratio

2.58

Current Ratio

2.63

Debt

$4.04B

Total Assets

$5.15B

Current Assets

Working Capital

Ownership

Promoter Holding

12.60%

Chg in Prom Hold

FII / Inst Holding

63.92%

Chg in FII Hold

0.00%

Financial Snapshot

Enterprise Value

$5.31B

Total Revenue (TTM)

$216.26M

EBITDA

Free Cash Flow

Operating Cash Flow

$107.76M

Shares Outstanding

127.67M

Gross Margin

70.89%

Payout Ratio

209.09%

Growth (CAGR)

Revenue 5Y

-14.42%

Profit 5Y

-23.30%

Revenue (YoY)

1.70%

Earnings (YoY)

-77.80%

PROS

Excellent profit margin of 25.4%.
Attractive dividend yield of 9.00%.

CONS

Revenue declined at -14.4% CAGR over 5 years.
Earnings shrank at -23.3% CAGR over 5 years.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	LADR Ladder Capital Corp R2K	10.22	23.23	$1.30B	9.00%	-	3.70%	-14.42%	-23.30%
2	WELL Welltower Inc. SPX	205.33	99.19	$144.95B	1.44%	0.26%	3.67%	22.69%	87.90%
3	PLD Prologis, Inc. SPX	143.47	36.14	$133.76B	2.98%	4.94%	6.84%	13.74%	-0.36%
4	EQIX Equinix, Inc. SPX	1,068.04	74.07	$105.33B	1.84%	5.61%	10.06%	8.27%	24.18%
5	AMT American Tower Corporation SPX	186.96	30.11	$87.10B	3.73%	7.82%	29.95%	3.34%	12.73%
6	SPG Simon Property Group, Inc. SPX	204.91	14.25	$77.86B	4.29%	17.44%	113.59%	6.35%	29.32%
7	DLR Digital Realty Trust, Inc. SPX	190.00	50.53	$67.96B	2.57%	3.99%	5.69%	9.22%	51.32%
8	O Realty Income Corporation SPX	61.28	50.23	$57.14B	5.30%	3.27%	2.83%	19.80%	6.78%
9	PSA Public Storage SPX	303.69	31.34	$53.31B	3.95%	10.69%	20.18%	4.88%	-25.69%

Quarterly Results

Figures in USD.

Metric	Jun 2015	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50.49M	55.70M	57.11M	49.62M	50.98M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44.00M	41.20M	43.98M	45.74M	51.20M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.72M	20.82M	20.13M	15.52M	3.17M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-838.00K	3.71M	960.00K	-343.00K	566.00K
Net Income	34.21M	3.31M	27.12M	-5.54M	2.80M	27.61M	41.86M	-	-	-	-	50.88M	-	-	-	22.18M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11.78M	17.33M	19.19M	15.89M	2.60M
Diluted EPS	0.67	0.06	0.50	-0.09	0.05	0.44	0.63	0.18	0.26	0.28	0.40	0.53	0.40	0.67	0.24	0.21	0.30	0.26	0.37	-0.15	-0.04	0.14	-0.10	0.00	0.08	0.15	0.15	0.28	0.23	0.18	0.23	0.25	0.13	0.26	0.22	0.09	0.14	0.15	0.13	0.02

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	339.66M	268.99M	277.48M	212.93M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	195.60M	245.10M	221.54M	174.92M
Pretax Income	-	-	-	-	-	-	-	-	170.21M	104.75M	110.89M	67.19M
Tax Provision	-	-	-	-	-	-	-	-	4.91M	4.24M	3.45M	3.49M
Net Income	44.19M	73.82M	66.73M	-	-	-	-	-	142.22M	101.12M	108.25M	64.18M
Diluted EPS	0.86	1.42	1.06	1.13	1.84	1.15	-0.13	-	1.13	0.81	0.86	0.51

Compounded Sales Growth

5 Years:	-14.42%
1 Year:	1.70%

Compounded Profit Growth

5 Years:	-23.30%
1 Year:	-77.80%

Stock Price Performance

1 Year:	+5.89%
6 Months:	-3.60%
3 Months:	+0.91%
1 Month:	-0.29%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	3.48B	5.81B	5.90B	5.58B	6.03B	6.27B	6.67B	5.88B	-	5.95B	5.51B	4.85B	5.15B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash & Equivalents	84.35M	45.18M	78.74M	76.22M	108.96M	44.62M	76.67M	67.88M	58.17M	1.25B	-	609.08M	1.02B	1.32B	37.95M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	24.94M	24.23M	12.94M	15.89M
Total Liabilities	-	-	2.30B	4.31B	4.40B	4.07B	4.54B	4.63B	5.03B	4.33B	-	4.42B	3.98B	3.31B	3.67B
Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	3.40B	3.18B	3.07B	2.60B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	3.40B	3.18B	3.07B	2.88B
Total Equity	-	-	1.18B	785.43M	828.22M	971.39M	1.23B	1.45B	1.46B	1.54B	-	1.53B	1.53B	1.54B	1.48B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	128.03M	128.03M	129.88M	130.79M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-	-	-	-38.31M	338.43M	11.98M	200.43M	183.21M	111.94M	-	106.71M	180.60M	133.92M	87.02M
Investing Cash Flow	-	-	-	34.65M	36.28M	-306.63M	-342.87M	-126.59M	1.54B	-	81.59M	793.50M	932.76M	-1.61B
Financing Cash Flow	-	-	-	22.00M	-448.08M	387.90M	58.20M	200.68M	-725.67M	-	-150.24M	-557.77M	-796.59M	227.04M
Capital Expenditure	-351.04K	-0	-0	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	106.71M	180.60M	133.92M	87.02M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	38.06M	416.34M	270.10M	-1.29B
Share Buybacks	-	0	0	994.00K	4.65M	2.59M	0	637.00K	3.04M	9.01M	7.92M	2.48M	6.53M	11.75M

Ratios (Annual)

Figures in %.

Metric	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-
Operating Margin %	-	-	-	-	-	-	-	-	-	-	-	-
Net Margin %	-	-	-	-	-	-	-	-	41.9%	37.6%	39.0%	30.1%
ROE %	5.6%	8.9%	6.9%	-	-	-	-	-	9.3%	6.6%	7.1%	4.3%
ROCE %	-	-	-	-	-	-	-	-	-	-	-	-

Shareholding Pattern

Insiders

12.60%

Institutions

63.92%

Public Float

73.14%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	7.81%	9.97M	$101.89M
2	Jennison Associates LLC	6.04%	7.71M	$78.76M
3	Vanguard Portfolio Management LLC	3.89%	4.96M	$50.72M
4	Vanguard Capital Management LLC	3.87%	4.94M	$50.45M
5	Victory Capital Management Inc.	2.48%	3.16M	$32.30M
6	State Street Corporation	2.23%	2.85M	$29.14M
7	Two Sigma Investments, LP	2.20%	2.81M	$28.74M
8	Geode Capital Management, LLC	2.20%	2.80M	$28.66M
9	Goldman Sachs Group Inc	2.15%	2.75M	$28.06M
10	Mirae Asset Global ETFs Holdings Ltd.	2.12%	2.71M	$27.66M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for LADR

No recent headlines available.

LADR · Real Estate