Ladder Capital Corp (LADR)

Ladder Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	257.29	264.21	345.28	183.61	134.06	297.93
Revenue Growth (YoY)	-24.74%	-23.48%	88.05%	36.97%	-55.01%	-23.00%
Gross Profit	257.29	264.21	345.28	183.61	134.06	297.93
Selling, General & Admin	81.21	83.12	96.55	56.02	78.4	90.36
Other Operating Expenses	76.89	76.35	78.51	69.77	74.91	67.92
Operating Expenses	158.1	159.47	175.07	125.79	153.3	158.29
Operating Income	99.19	104.75	170.21	57.82	-19.25	139.65
Other Expense / Income	-0.59	-0.62	23.09	0.37	-0.56	14.36
Pretax Income	99.78	105.37	147.13	57.45	-18.69	125.29
Income Tax	4.45	4.24	4.91	0.93	-9.79	2.65
Net Income	95.33	101.13	142.22	56.52	-8.9	122.65
Preferred Dividends	0	0	0	0	5.54	0
Net Income Common	95.33	101.13	142.22	56.52	-14.45	122.65
Net Income Growth	-34.53%	-28.89%	151.61%	-	-	-31.87%
Shares Outstanding (Basic)	125	125	124	124	112	105
Shares Outstanding (Diluted)	126	125	126	125	112	106
Shares Change	0.69%	-0.75%	1.01%	10.81%	5.65%	8.96%
EPS (Basic)	0.76	0.81	1.14	0.46	-0.13	1.16
EPS (Diluted)	0.76	0.81	1.13	0.45	-0.13	1.15
EPS Growth	-34.48%	-28.32%	151.11%	-	-	-37.50%
Free Cash Flow	57.09	189.62	410.29	245.28	165.5	167.5
Free Cash Flow Per Share	0.46	1.52	3.30	1.98	1.47	1.59
Dividend Per Share	0.920	0.920	0.880	0.800	0.940	1.360
Dividend Growth	1.10%	4.55%	10.00%	-14.89%	-30.88%	-11.40%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	38.55%	39.64%	49.30%	31.49%	-14.36%	46.87%
Profit Margin	37.05%	38.27%	41.19%	30.78%	-10.78%	41.17%
Free Cash Flow Margin	22.19%	71.77%	118.83%	133.59%	123.46%	56.22%
Effective Tax Rate	4.46%	4.03%	3.34%	1.62%	-	2.11%
EBITDA	131.46	136.81	179.8	95.25	20.39	163.8
EBITDA Margin	51.10%	51.78%	52.07%	51.88%	15.21%	54.98%
Depreciation & Amortization	31.69	31.44	32.67	37.8	39.08	38.51
EBIT	99.78	105.37	147.13	57.45	-18.69	125.29
EBIT Margin	38.78%	39.88%	42.61%	31.29%	-13.94%	42.05%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).