LADDER CAPITAL financials
$9.03+0.44%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $114.3M | $117.4M | $105.9M | $123.1M | $112.8M | $112.9M | $130.8M | $132.5M | $115.0M | $98.6M |
| Gross profit | $114.3M | $117.4M | $105.9M | $123.1M | $112.8M | $112.9M | $130.8M | $132.5M | $115.0M | $98.6M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$34.0M | -$43.1M | -$53.6M | -$51.9M | -$13.0M | -$40.4M | -$31.5M | -$40.1M | -$55.4M | -$54.2M |
| Net income | $64.2M | $108.3M | $101.1M | $142.2M | $56.5M | -$14.4M | $122.6M | $180.0M | $95.3M | $66.7M |
| Net margin | 56.2% | 92.2% | 95.5% | 115.5% | 50.1% | −12.8% | 93.8% | 135.9% | 82.8% | 67.6% |
| Diluted EPS | $0.51 | $0.86 | $0.81 | $1.13 | $0.45 | $-0.13 | $1.15 | $1.84 | $1.13 | $1.06 |
| EBITDA | -$2.0M | -$10.8M | -$23.7M | -$21.0M | $22.9M | -$3.6M | $7.0M | $156.0K | -$15.9M | -$14.9M |
| Operating cash flow | $87.0M | $133.9M | $180.6M | $106.7M | $79.7M | $111.9M | $193.1M | $200.4M | $12.0M | $411.8M |
| Free cash flow | $78.7M | $127.4M | $176.2M | $99.8M | $74.9M | $105.8M | $185.5M | $192.7M | $6.3M | $401.2M |
| Diluted shares | 126.2M | 125.8M | 124.9M | 125.8M | 124.6M | 112.4M | 106.4M | 97.7M | 109.7M | 107.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $38.0M | $1.32B | $1.02B | $609.1M | $548.7M | $1.25B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.51B | $3.14B | $3.78B | $4.25B | $4.22B | $4.21B |
| Total assets | $5.15B | $4.85B | $5.51B | $5.95B | $5.85B | $5.88B |
| Total liabilities | $3.67B | $3.31B | $3.98B | $4.42B | $4.34B | $4.33B |
| Shareholders' equity | $1.48B | $1.53B | $1.53B | $1.53B | $1.51B | $1.55B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology