LADR - NYSE
Ladder Capital Corp
$10.21
+0.34%The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, and condominium units. 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.
At a Glance
Live SnapshotLadder Capital Corp Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Ladder Capital Corp Income Statement
LADR • NYSE
| Ladder Capital Corp Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||
392.3M | 511.2M | 525.1M | 543.7M | 358.2M | 111.8M | 293.4M | 250.3M | 299M | 269.3M | 324.6M | 294.1M | 308.4M | 247.5M | 108.2M | 119.7M | |
GROSS PROFIT | ||||||||||||||||
(110.8M) | (116.3M) | (109.9M) | (114.7M) | (111.3M) | (56.1M) | (69.3M) | (56.6M) | (77.8M) | (73M) | (79.2M) | (117.2B) | (78.4B) | (21.5M) | (0.0) | (0.0) | |
281.5M | 394.9M | 415.2M | 429M | 246.9M | 55.7M | 224.2M | 324.3M | 221.2M | 196.4M | 245.3M | -116.9B | -78.1B | 226M | 108.2M | 119.7M | |
OPERATING INCOME | ||||||||||||||||
(38.2M) | (62.6M) | (76.9M) | (65.3M) | (7.7M) | (58.1M) | (44.4M) | (60.1M) | (70.5M) | (64.3M) | (61.6M) | (294.1M) | (308.4M) | (51.1M) | (26.4M) | (19.5M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (58.1M) | (67.8M) | (60.1M) | (70.5M) | (64.3M) | (61.6M) | (82.1M) | (61M) | (51.1M) | (26.4M) | (19.5M) | |
243.4M | 332.3M | 338.4M | 363.7M | 239.2M | -2.4M | 125.3M | -25.8M | 174M | 154.1M | -70.7M | 158.2M | 192.5M | 172M | 109.1M | 0.0 | |
PRE-TAX INCOME | ||||||||||||||||
(174.9M) | (221.5M) | (245.1M) | (195.6M) | (182.9M) | (227.5M) | (204.4M) | (194.3M) | (146.1M) | (120.8M) | (113.3M) | (77.6M) | (48.7M) | (36.4M) | (35.8M) | (48.9M) | |
92M | 137.1M | 162.2M | 97.9M | -6.9M | 12.4M | 125.9M | 150.5M | 117.5M | 115.5M | 128.2M | 109.8M | 72.8M | 99.8M | 97.5M | 80.4M | |
(38.2M) | (62.6M) | (76.9M) | (65.3M) | (7.7M) | (0.0) | -23.3M | -29.8M | -33.2M | -30M | (263M) | (211.9M) | (0.0) | (0.0) | (0.0) | (0.0) | |
-176.2M | -221.4M | -233.6M | -193.5M | -181.4M | -16.8M | 154.7M | 254.1M | -40.4M | -34.1M | 231.4M | -21.3M | -45.5M | -38.8M | -36.5M | -48.9M | |
67.2M | 110.9M | 104.7M | 170.2M | 57.8M | -19.2M | 139.6M | 228.3M | 133.6M | 120M | 160.7M | 124.2M | 192.5M | 172M | 73.2M | 91.6M | |
NET INCOME | ||||||||||||||||
(3.5M) | (3.4M) | (4.2M) | (4.9M) | (928K) | -9.8M | (2.6M) | (6.6M) | (7.7M) | (6.3M) | (14.6M) | (26.6M) | (3.7M) | (2.6M) | (1.5M) | (599.8K) | |
64.2M | 108.3M | 101.1M | 142.2M | 56.5M | -14.4M | 122.6M | 180M | 95.3M | 66.7M | 73.8M | 44.2M | 189.8M | 169.5M | 71.7M | 91M |
SEC Filings
LADR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 27, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 21, 2026 | June 04, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 09, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | October 27, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 23, 2025 | October 23, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | July 28, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 24, 2025 | July 24, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 03, 2025 | July 03, 2025 | 2025 |
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