LADRLadder Capital Corp
Real Estate Investment Trusts
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $3.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear137% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear14% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $57M | $165M | $101M | $107M | $64M | 41% |
| Operating cash flow | $80M | $107M | $181M | $134M | $87M | 35% |
| Stock-based comp | $15M | $32M | $19M | $19M | $20M | 8.0% |
| Buybacks | $9M | $8M | $2M | $7M | $12M | 80% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $14M | $14M | 158 | 108 |
| FY2024 | $16M | $16M | 150 | 98 |
| FY2023 | $15M | $15M | 144 | 101 |
| FY2022 | $13M | $13M | 120 | 82 |
| FY2021 | $11M | $11M | 131 | 116 |