Income Statement

LADDER CAPITAL CORP

LADR
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY
Revenue
266.89 358.63 407.28 293.52 176.10 239.85 330.24 441.97 326.48 236.37 455.89 376.49
Cost of Revenue
174.73 235.72 270.21 199.00 174.34 246.02 206.95 208.19 150.12 124.83 117.00 80.67
Gross Profit
92.16 122.91 137.08 94.52 1.76 -6.17 123.28 233.78 176.36 111.55 338.89 295.82
Operating Expenses
19.43 19.19 19.50 20.72 17.80 20.30 22.60 21.70 21.72 20.55 25.48 25.63
Research & Development
- - - - - - - - - - - -
Selling, General & Administrative
52.74 60.67 63.62 75.84 38.35 58.10 67.77 60.12 70.46 64.27 61.61 82.14
Other Operating Expenses
- - - - - - - - - - - -
Operating Income
72.74 103.71 117.57 73.80 -16.04 -26.47 100.69 212.08 154.64 90.99 313.40 270.18
Non-Operating Income
123.40 148.22 127.12 251.07 181.75 139.96 174.65 250.32 186.47 163.31 152.71 145.95
Interest Income
266.89 358.63 407.28 293.52 176.10 239.85 330.24 344.82 263.67 236.37 241.54 187.33
Interest Expense
174.92 221.54 245.10 195.60 182.95 227.47 204.35 194.29 146.12 120.83 113.30 77.57
Other Non-Op Income / Expense
0.00 0.00 0.76 1.41 1.58 1.82 3.43 1.66 1.19 0.95 0.82 1.99
Income Before Tax
151.21 158.25 104.75 170.21 57.82 -19.25 139.65 228.32 133.59 120.04 160.69 124.23
Income Tax Expense
3.49 3.45 4.24 4.91 0.93 -9.79 2.65 0.00 0.00 6.32 0.00 0.00
Non-Controlling Interest
- - - - - - - - - 0.00 1.57 -0.26
Net Income
151.21 158.25 196.13 209.83 135.18 129.47 270.53 273.13 229.48 66.59 75.39 43.56
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY
Depreciation & Amortization
- - - - - - - - - - - -
EBITDA
104.73 136.04 147.49 106.48 21.76 12.61 139.20 254.04 194.97 130.44 352.46 298.63
Earnings Per Share (Basic)
0.51 0.86 0.81 1.14 0.46 -0.13 1.16 1.85 1.16 1.08 1.43 0.90
Diluted EPS
0.51 0.86 0.81 1.13 0.45 -0.13 1.15 1.84 1.13 1.06 1.42 0.86
Weighted Average Shares
125.48 125.58 124.67 124.30 123.76 112.41 105.46 97.23 81.90 62.00 51.70 49.30
Diluted Weighted Avg Shares
126.19 125.79 124.88 125.82 124.56 112.41 106.40 97.65 109.70 107.64 51.87 97.58
Comprehensive Income
64.91 117.24 108.28 125.32 62.87 -24.40 131.43 175.80 92.36 70.15 53.77 44.67