profit from every $100 of sales.
$0$100
Ladder Capital
$8.96+0.56% today
-15.3% in 1 year
1-year low $8.521-year high $11.42
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $17.59 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Ladder Capital sold, what it kept, and what it did with the cash.
Sales went from $340 million in 2022 to $213 million in 2025, with $64.2 million of profit last year.
SalesProfit
Ladder Capital handed back more cash to shareholders than it generated last year.
$117M
Free cash flow 2025$87M
Bought back its own shares$12M
Paid as dividends$117M
Cash vs. debt$38M vs. $2.9B
Ladder Capital vs. similar companies
Ladder Capital grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ladder Capital | 17.6× · Fair price | ||
 Annaly Capital Management | 7.4× · Cheap | ||
 AGNC Investment | 6.8× · Cheap | ||
 Rithm Capital | 7.7× · Cheap | ||
 Starwood Property | 10.9× · Cheap |
AI analysis
An AI analyst reads Ladder Capital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 340 | 269 | 277 | 213 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 142 | 101 | 108 | 64 | |
| 1.13 | 0.81 | 0.86 | 0.51 | |
| – | – | – | – | |
| – | – | – | – | |
| 41.9% | 37.6% | 39.0% | 30.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,951 | 5,513 | 4,845 | 5,153 |
| Cash | 609 | 1,016 | 1,323 | 38 |
| Total debt | 3,398 | 3,177 | 3,073 | 2,883 |
| Total liabilities | 4,418 | 3,980 | 3,312 | 3,671 |
| 1,533 | 1,533 | 1,535 | 1,484 | |
| 126 | 125 | 126 | 126 | |
| – | – | – | – | |
| 9.3% | 6.6% | 7.1% | 4.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 107 | 181 | 134 | 87 | |
| – | – | – | – | |
| 107 | 181 | 134 | 87 | |
| Dividends paid | 107 | 116 | 118 | 117 |
| 8 | 2 | 7 | 12 | |
| 32 | 19 | 19 | 20 |
Valuation
- 17.6×
- 8.9×
- –
- 0.9×
- 5.3×
- 13.0×
- –
- 7.7%
- 5.7%
- 9.1%
Profitability
- 71.1%
- 60.7%
- 30.1%
- 69.0%
- 4.0%
- 1.8%
- 3.7%
- 1.0%
- 5.9%
- –
Growth
- −14.4%
- −23.3%
- −35.0%
- −0.4%
- +0.3%
Financial health
- 14.4×
- 2.78
- 71.8%
- 1.3×
- 0.04
- 0.04
- 0.07
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 44%of 746
Top 24%of 752
Bottom 46%of 667
Bottom 5%of 763
Top 34%of 762
What analysts expect
- Average price target
- $13.00
- Range
- $13.00 – $13.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 0.22 | 0.22 | +0.0% |
| Feb 5, 2026 | 0.21 | 0.23 | −8.7% |
| Oct 23, 2025 | 0.25 | 0.23 | +8.7% |
| Jul 24, 2025 | 0.23 | 0.22 | +4.5% |
| Apr 24, 2025 | 0.20 | 0.22 | −9.1% |
| Feb 6, 2025 | 0.27 | 0.29 | −6.9% |
| Oct 24, 2024 | 0.30 | 0.26 | +15.4% |
| Jul 25, 2024 | 0.31 | 0.30 | +3.3% |
9.1%of the share price, paid each year
On $1,000 invested$91a year at today's yield, before tax
−0.4%2020 to 2025
Raised–not every year
Paid per share, each year
$2.23 in 2015 → $0.92 in 2025
How safe it looks
182.9% of its profit
Room to growStretchedMore than it earns: 134.9%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
54No pass
Benjamin Graham
46No pass
Philip Fisher
47No pass
Peter Lynch
56No pass
Joel Greenblatt
32No pass
Charlie Munger
50No pass
Terry Smith
47No pass
Questions about Ladder Capital
Is Ladder Capital a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ladder Capital AI analysis
What does Ladder Capital do?
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 is in REIT - Mortgage.
Does Ladder Capital pay a dividend?
Yes. At today's price the dividend is 9.1% a year, about 183% of its yearly profit. In 2025 it paid out $117 million in dividends.
Is Ladder Capital stock halal?
No. Ladder Capital does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
How has Ladder Capital stock done over the past year?
Down 15.3% over the past twelve months, to $8.96. It traded between $8.52 and $11.42 and is 21.5% below its high.
Who are Ladder Capital's competitors?
The largest listed companies in the same industry are Annaly Capital Management, AGNC Investment, Rithm Capital and Starwood Property. The peers table on this page compares their profit, growth and price with Ladder Capital's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.