← Ladder Capital Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $66.7m | — | — | — | — | — | $142.2m |
$101.1m
-28.89%
|
$108.3m
+7.05%
|
$64.2m
-40.71%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $113.7m | $125.9m | $221.7m | $137.0m | ($9.5m) | $56.9m | $165.3m | $100.5m | $107.4m | $63.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($138k) | — | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $39.4m | $40.3m | $42.0m | $38.5m | $39.1m | $37.8m | $32.7m | $29.9m | $32.3m | $32.0m | $33.9m | |
| Amortization of Debt Issuance Costs | $7.5m | — | — | $11.0m | $18.7m | $21.5m | $15.6m | $12.4m | $10.6m | $9.6m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | $7.9m | $10.9m | — | — | — | — | — | — | — | — | |
| Amortization of Deferred Charges | $13.3m | $12.0m | $10.3m | $8.0m | $6.7m | $7.1m | $6.9m | $5.7m | $7.1m | $7.0m | — | |
| Depreciation | $26.0m | $28.3m | $31.5m | $30.4m | $32.4m | $30.7m | $25.8m | $24.2m | $25.2m | $25.0m | $25.5m | |
| Amortization Cash Flow | — | — | — | — | — | — | $5.1m | $4.0m | $5.4m | $5.7m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $5.1m | $4.0m | $5.4m | $5.7m | $8.4m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $30.9m | $28.1m | $30.6m | $30.7m | $33.9m | |
| Deferred Income Tax Expense (Benefit) | $1.9m | $5.6m | ($7.5m) | $4.8m | $94k | $272k | ($505k) | $1.2m | $1.7m | $2.0m | ($536k) | |
| Deferred Tax | — | — | — | — | — | — | ($505k) | $1.2m | $1.7m | $2.0m | ($536k) | |
| Share-based Payment Arrangement, Noncash Expense | $17.6m | $19.0m | $8.8m | $21.8m | $42.7m | $15.3m | $31.6m | $18.6m | $18.8m | $20.3m | $23.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $786k | $18.1m | $858k | $9.2m | $17.1m | $4.5m | $11.4m | $7.9m | $8.9m | $8.7m | — | |
| Share-based Payment Arrangement, Expense | $17.6m | $19.0m | — | $21.8m | $42.7m | $15.3m | $31.6m | $18.6m | $18.8m | $20.3m | $23.9m | |
| Income (Loss) from Equity Method Investments | $426k | $89k | $790k | $3.4m | $1.8m | $1.6m | $1.4m | $758k | ($79k) | ($1.4m) | — | |
| Nonoperating Income (Expense) | $163.3m | $186.5m | $250.3m | $174.7m | $140.0m | $181.7m | $251.1m | $127.1m | $148.2m | $123.4m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($785k) | ($658k) | $79k | $1.4m | $399k | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $30.1m | $34.4m | ($9.6m) | ($19.4m) | ($1.3m) | |
| Change In Receivables | — | — | — | — | — | — | ($11.3m) | $706k | $11.3m | ($3.0m) | ($3.7m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($11.3m) | $706k | $11.3m | ($3.0m) | ($3.7m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $36.9m | $24.6m | ($20.3m) | ($13.3m) | $5.9m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $3.7m | $25.1m | $13.9m | ($157k) | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $36.9m | $24.6m | ($20.3m) | ($13.3m) | $5.9m | |
| Increase (Decrease) in Other Operating Assets | $3.7m | $3.3m | ($3.4m) | ($1.5m) | $8.8m | ($5.8m) | ($4.4m) | ($7.6m) | $939k | $3.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $4.5m | $9.1m | ($608k) | ($3.1m) | ($3.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $409.1m |
$12.0m
-97.07%
|
$200.4m
+1572.37%
|
$183.2m
-8.59%
|
$111.9m
-38.90%
|
$79.7m
-28.77%
|
$106.7m
+33.82%
|
$180.6m
+69.25%
|
$133.9m
-25.85%
|
$87.0m
-35.02%
|
$103.0m
+18.34%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Investments | $10.0m | $0 | $0 | — | — | — | — | — | — | — | ($1.5b) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $684.1m | $138.4m | $109.4m | $491.9m | $146.2m | $164.5m | $184.8m | $232.1m | $276.6m | $534.0m | — | |
| Unrealized Gain (Loss) on Investments | ($14k) | $300k | $156k | — | — | — | — | — | — | — | $1.9m | |
| Net Other Investing Changes | — | — | — | — | — | $19.2m | $2.2m | $4.4m | $5.2m | — | $5.2m | |
| Net Cash Provided by (Used in) Investing Activities | — | ($306.6m) | ($342.9m) | ($126.6m) | $1.5b | ($651.5m) | $81.6m | $793.5m | $932.8m | ($1.6b) | ($1.3b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $5.4m | ($73k) | ($4.4m) | ($1.1m) | $22.2m | $0 | $685k | $10.7m | $188k | $151k | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | — | — | ($753k) | $4.6m | — | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | ($5.8m) | $14.9m | ($12.4m) | $1.6m | ($73k) | ($276k) | $172k | $3.8m | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | $555k | $84k | — | — | — | $29k | ($925k) | $749k | — | |
| Issuance Of Debt | — | — | — | — | — | — | $2.4b | $921.0m | $668.0m | $4.6b | $13.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.4b | $921.0m | $668.0m | $4.6b | $13.4b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.4b) | ($1.3b) | ($1.3b) | ($4.2b) | ($12.2b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $13.7m | ($427.1m) | ($644.8m) | $376.9m | $1.2b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $13.7m | ($427.1m) | ($644.8m) | $376.9m | $1.2b | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.4b) | ($1.3b) | ($1.3b) | ($4.2b) | ($12.2b) | |
| Payments for Repurchase of Common Stock | $4.7m | $2.6m | $0 | $637k | $3.0m | $9.0m | $7.9m | $2.5m | $6.5m | $11.8m | — | |
| Proceeds from Issuance of Common Stock | $0 | — | $99.0m | $0 | $32.0m | $1k | $0 | $0 | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($107.0m) | ($116.4m) | ($117.7m) | ($117.4m) | ($117.0m) | |
| Common Stock Issuance | — | — | — | — | — | $1k | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($7.9m) | ($2.5m) | ($6.5m) | ($11.8m) | ($24.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $1k | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($7.9m) | ($2.5m) | ($6.5m) | ($11.8m) | ($24.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($7.9m) | ($2.5m) | ($6.5m) | ($11.8m) | ($24.0m) | |
| Dividends Payable, Current | $25 | $31 | $37 | $39 | $28 | $28 | $32 | $32 | $32 | $32 | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($107.0m) | ($116.4m) | ($117.7m) | ($117.4m) | ($117.0m) | |
| Dividends Received CFI | — | — | — | — | — | $24.6m | $2.3m | $0 | $0 | — | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($49.0m) | ($11.8m) | ($27.5m) | ($20.7m) | ($24.9m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $387.9m |
$58.2m
-85.00%
|
$200.7m
+244.81%
|
($725.7m)
-461.61%
|
($91.0m)
+87.46%
|
($150.2m)
-65.07%
|
($557.8m)
-271.24%
|
($796.6m)
-42.82%
|
$227.0m
+128.50%
|
$1.1b
+365.85%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $257.3m | $928.5m | ($662.7m) | $38.1m | $416.3m | $270.1m | ($1.3b) | $54.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $621.5m | $659.6m | $1.1b | $1.3b | $148.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $182.7m | $98.5m | $355.7m | $1.3b | $621.5m | $659.6m | $1.1b | $1.3b | $52.8m | $54.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $5.9m | $26.3m | $3.5m | $6.9m | $18.0m | $3.2m | $8.3m | $3.4m | $18.3m | $12.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $183.2m | $195.1m | $202.9m | $173.1m | $178.0m | $233.6m | $199.4m | $157.5m | — | |
| Income Taxes Paid, Net | — | ($214k) | $9.8m | $885k | $2.2m | ($2.5m) | ($1.2m) | ($2.4m) | $1.9m | $3.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | ($5.6m) | ($9.2m) | $15.2m | ($31.6m) | ($15.0m) | $1.7m | $11.7m | $1.9m | $7.3m | $2.0m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $99k | $200k | $1.1m | $0 | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($1.6m) | $1.7m | ($132k) | $0 | ($41k) | $25k | ($925k) | $749k | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($1.4m) | ($12.6m) | $15.9m | ($30.0m) | ($15.3m) | $1.7m | $12.4m | $1.5m | $5.4m | $1.8m | — | |
| Gain (Loss) on Sale of Derivatives | ($24k) | ($199k) | $242k | ($84k) | $108k | $0 | $64k | ($291k) | $298k | $0 | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | — | — | $2.7m | — | — | |
| Gain (Loss) on Sale of Properties | $20.6m | $11.4m | $95.9m | $1.4m | $32.1m | $55.8m | $116.0m | $8.8m | $25.3m | $3.8m | — | |
| Gain (Loss) on Sales of Loans, Net | $26.0m | $54.0m | $16.5m | $54.8m | ($1.6m) | $8.4m | ($2.5m) | ($523k) | $30k | $4.7m | — | |
| Income Tax Expense (Benefit) | $6.3m | $7.7m | $6.6m | $2.6m | ($9.8m) | $928k | $4.9m | $4.2m | $3.4m | $3.5m | — | |
| Operating Expenses | $20.6m | $21.4m | $21.7m | $22.6m | $20.3m | $17.7m | $20.7m | $19.5m | $19.2m | $19.4m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | $1.5m | $331k | — | — | |
| Operating Lease, Lease Income | — | — | — | $106.4m | $100.2m | $101.6m | $108.3m | $97.0m | $98.7m | $99.3m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $0 | $40k | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | $25.1m | $14.2m | ($186k) | $60k | |
| Financing Receivable, Credit Loss, Expense (Reversal) | $300k | $0 | $13.9m | $2.6m | $18.3m | ($8.7m) | $14.4m | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | $4.2m | ($3.4m) | $705k | $1.5m | ($269k) | $42k | $645k | ($390k) | ($1.9m) | ($200k) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($150.2m) | ($557.8m) | ($796.6m) | $227.0m | $1.1b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $81.6m | $793.5m | $932.8m | ($1.6b) | ($1.3b) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $38.1m | $416.3m | $270.1m | ($1.3b) | — | |
| Changes In Cash | — | — | — | — | — | — | $38.1m | $416.3m | $270.1m | ($1.3b) | ($93.9m) | |
| End Cash Position | — | — | — | — | — | — | $659.6m | $1.1b | $1.3b | $52.8m | $54.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($150.2m) |
($557.8m)
-271.24%
|
($796.6m)
-42.82%
|
$227.0m
+128.50%
|
$1.1b
+365.85%
|
|
| Free Cash Flow | — | — | — | — | — | — | $106.7m | $180.6m | $133.9m | $87.0m | $103.0m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $73k | $276k | ($172k) | ($3.8m) | ($5.6m) | |
| Investing Cash Flow | — | — | — | — | — | — | $81.6m | $793.5m | $932.8m | ($1.6b) | ($1.3b) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | $303.6m | $9.0m | $95.8m | $4.7m | ($7.6m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $98.5m | $110.0m | ($599.5m) | ($1.0b) | $55.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($115.6m) | ($18.7m) | ($24.0m) | ($10.9m) | ($4.9m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($32.1m) | $1.5m | $331k | $3.6m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($97.3m) | ($144.2m) | ($912.3m) | ($2.0b) | ($1.5b) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($6.9m) | ($4.4m) | ($6.5m) | ($8.3m) | ($1.5b) | |
| Sale Of Investment | — | — | — | — | — | — | $195.7m | $254.2m | $312.8m | $947.7m | $1.5b | |
| Sale Of Investment Properties | — | — | — | — | — | — | $310.5m | $13.4m | $102.3m | $13.1m | $1.5b | |
| Stock Based Compensation | — | — | — | — | — | — | $31.6m | $18.6m | $18.8m | $20.3m | $23.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $41k | ($25k) | $925k | ($749k) | $1.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.