Ladder Capital Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	52.2	63.7	107.45	100.5	165.31	56.89
Depreciation & Amortization	34.87	32	32.33	29.91	32.67	37.8
Provision for Credit Losses	0.06	-0.16	13.93	25.1	3.71	-8.71
Stock-Based Compensation	23.93	20.33	18.83	18.58	31.58	15.3
Net Change in Loans Held-for-Sale	1.14	-1.09	-0.03	0.52	-29.59	30.52
Other Adjustments	-7.87	-8.38	-29.01	-28.44	-127.08	-53.45
Changes in Accrued Interest and Accounts Receivable	-3.7	-2.96	11.3	0.71	-11.29	0.65
Changes in Other Operating Activities	2.36	-16.42	-20.87	33.73	41.4	0.74
Operating Cash Flow	102.98	87.02	133.92	180.6	106.71	79.74
Operating Cash Flow Growth	-17.09%	-35.02%	-25.85%	69.25%	33.82%	-28.77%
Net Change in Loans Held-for-Investment	-1,302	-583.99	1,431	670.05	-325	-1,223
Net Change in Securities and Investments	78.07	-1,002	-580.68	114.54	101.66	381.82
Capital Expenditures	-7.56	-8.34	-6.5	-4.37	-6.95	-25.33
Sale of Property, Plant & Equipment	-	13.08	102.29	13.39	310.53	190.87
Other Investing Activities	-35.99	-26.04	-13.67	-0.1	1.36	24.49
Investing Cash Flow	-1,255	-1,607	932.76	793.5	81.59	-651.46
Long-Term Debt Issued	13,429	4,572	667.97	921.01	2,427	4,519
Long-Term Debt Repaid	-12,206	-4,196	-1,313	-1,348	-2,413	-4,494
Net Long-Term Debt Issued (Repaid)	1,224	376.88	-644.8	-427.09	13.71	25.5
Issuance of Common Stock	-	-	-	-	-	0
Repurchase of Common Stock	-33.12	-20.47	-15.43	-10.34	-19.27	-13.47
Net Common Stock Issued (Repurchased)	-33.12	-20.47	-15.43	-10.34	-19.27	-13.46
Common Dividends Paid	-116.96	-117.41	-117.71	-116.42	-107.01	-100.55
Other Financing Activities	-15.8	-11.96	-18.65	-3.92	-37.67	-2.5
Financing Cash Flow	1,058	227.04	-796.59	-557.77	-150.24	-91.02
Net Cash Flow	-93.95	-1,293	270.1	416.34	38.06	-662.74
Free Cash Flow	95.42	78.68	127.42	176.23	99.76	54.41
Free Cash Flow Growth	-19.16%	-38.26%	-27.69%	76.65%	83.34%	-44.70%
FCF Margin	43.87%	36.50%	46.96%	66.70%	28.89%	29.64%
Free Cash Flow Per Share	0.76	0.62	1.01	1.41	0.79	0.44

SEC Filings: 10-K · 10-Q