LADR vs STWD vs TPTS Stock Comparison

Ladder Capital, Starwood Property Trust and Terra Property Trust Prices as of Nov 5, 2026 Peers: Industry group
LADR Ladder Capital Corp
$9.15 +5.3% 1M -14.4% 1Y
Market cap
$1.15B
P/E
11.5x
Revenue (TTM)
$72.65M
Div. yield
10.05%
Mortgage REITs Financial Services
5 wins

Head to Head

12 decided of 12

Starwood Property Trust leads on 6 of the 12 questions below (Starwood Property Trust 6, Ladder Capital 5, Terra Property Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLADRSTWDTPTSLeader
Larger companyMarket capitalisation $1.15B $4.78B $316.18M STWD
Cheaper on earningsLower P/E, profitable companies only 11.5x 20.7x -8.7x LADR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.9x 9.5x — LADR
Faster revenue growthRevenue growth, trailing twelve months -33.3% +11.8% -50.3% STWD
More profitableNet margin, trailing twelve months 136.2% 11.4% -164.0% LADR
Better return on capitalReturn on invested capital 5.6% 7.0% -6.8% STWD
Less leveragedLower net debt / EBITDA 11.6x 7.5x -8.8x TPTS
Higher dividend yieldTrailing dividend yield 10.05% 14.90% — STWD
Better 1-year returnPrice return, last 12 months -14.4% -30.2% — LADR
Better 5-year returnAnnualised price return, 5 years -5.7%/yr -13.1%/yr — LADR
Less volatileAnnualised volatility, 1 year 21.8% 20.5% 41.8% STWD
Higher overall scoreMean of the five percentile scores vs peers 41/100 43/100 18/100 STWD

Percentile Scorecard

LADRSTWDTPTS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLADRSTWDTPTS
Valuation 37 #107 of 168 54 #78 of 168 6 #158 of 168
Growth 46 #88 of 163 42 #95 of 163 12 #143 of 163
Profitability 61 #61 of 154 50 #78 of 154 9 #140 of 154
Financial Health 23 #125 of 161 33 #108 of 161 60 #65 of 161
Shareholder Returns 39 #83 of 136 38 #85 of 136 2 #134 of 136
Overall 41 43 18
  • LADR ranked among 173 companies in Lending and Credit
  • STWD ranked among 173 companies in Lending and Credit
  • TPTS ranked among 173 companies in Lending and Credit

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLADRSTWDTPTSSPY
1 month +5.3%-0.3%-10.4% -5.9%
3 months -4.2%-19.1%-21.3% -4.6%
6 months -10.8%-28.6%— +0.2%
Year to date -16.7%-28.4%— +7.5%
1 year -14.4%-30.2%— +8.2%
3 years -12.9%-30.9%— +68.3%
3 years, per year -4.5%-11.6%— +19.0%
5 years -25.6%-50.5%— +56.5%
5 years, per year -5.7%-13.1%— +9.4%
10 years -30.8%-41.5%— +251.5%
10 years, per year -3.6%-5.2%— +13.4%

Risk

MeasureLADRSTWDTPTSSPY
Volatility, 1Y 21.8%20.5%41.8% 13.6%
Downside volatility, 1Y 22.4%21.2%50.6% 14.2%
Beta vs S&P 500, 1Y 0.390.290.52 1.00
Return / volatility, 1Y -0.66-1.47— 0.60
Max drawdown, 5Y -32.3%-54.4%-43.3% -25.4%
From 52-week high -19.9%-30.7%-40.1% -5.9%
52-week high $11.42$18.61$21.70 $779.14
52-week low $8.52$11.98$12.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLADRSTWDTPTS
P/E now vs peer median 11.5xmedian 11.9x 20.7xmedian 11.9x -8.7xmedian 11.9x
P/S now vs peer median 15.9xmedian 2.7x 2.4xmedian 2.7x 14.3xmedian 2.7x
EV/EBITDA now vs peer median 14.7xmedian 12.1x 10.1xmedian 12.1x -36.2xmedian 12.1x
P/FCF now vs peer median 14.7xmedian 5.4x -12.0xmedian 5.4x -262.8xmedian 5.4x
P/B now vs peer median 0.8xmedian 0.7x 0.7xmedian 0.7x 2.5xmedian 0.7x
PEG now vs peer median -1.02median 0.34 -0.70median 0.34 0.75median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLADRSTWDTPTS
Revenue $72.65M $2.01B $22.17M
Operating income – – -$16.77M
Net income $98.91M $264.72M -$36.36M
Free cash flow $78.51M -$397.40M -$1.20M
EPS (diluted) $0.79 $0.62 $-1.49
Cash & equivalents $41.78M $367.59M $9.70M
Total debt $4.35B $14.00B $111.42M
Shares (diluted) 124.89M 366.73M 24.34M
Enterprise value $1.00B $3.68B $250.94M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLADRSTWDTPTS
P/E 11.5x 20.7x -8.7x
P/FCF 14.7x -12.0x -262.8x
P/Operating cash flow 13.1x 4.4x -262.8x
P/S 15.9x 2.4x 14.3x
P/B 0.8x 0.7x 2.5x
P/Tangible book 0.8x 0.7x 2.5x
EV/EBITDA 14.7x 10.1x -36.2x
EV/EBIT 16.7x 11.2x -24.9x
EV/Revenue 75.1x 9.2x 18.9x
EV/FCF 69.5x -46.3x -347.3x
EV/Operating cash flow 62.2x 16.9x -347.3x
PEG (3Y EPS CAGR) -1.02 -0.70 0.75

Growth

14 metrics
MetricLADRSTWDTPTS
Revenue growth (1Y) -33.3% 11.8% -50.3%
Revenue CAGR (3Y) -22.9% 2.7% -30.3%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – -20,547%
Operating income CAGR (3Y) – – -76.3%
Net income growth (1Y) 24.9% -33.4% -7.3%
Net income CAGR (3Y) -14.0% -26.8% -11.6%
EPS growth (1Y) 25.4% -43.3% -7.3%
EPS CAGR (3Y) -11.2% -29.7% -11.6%
Operating cash flow growth (1Y) 574.8% 58.3% -119.8%
Operating cash flow CAGR (3Y) -20.8% 76.6% -28.7%
Free cash flow growth (1Y) 455.2% -160.2% -119.8%
Free cash flow CAGR (3Y) -23.1% -5.4% 69.7%

Profitability

14 metrics
MetricLADRSTWDTPTS
Gross margin – – –
EBITDA margin 512.5% 90.6% -52.1%
Operating margin – – -75.7%
Pretax margin 140.9% 14.9% -120.2%
Net margin 136.2% 11.4% -164.0%
FCF margin 108.1% -19.8% -5.4%
Operating cash flow margin 120.7% 54.3% -5.4%
Return on equity 6.8% 3.8% -21.4%
Return on assets 1.7% 0.4% -10.3%
Return on invested capital 5.6% 7.0% -6.8%
Return on capital employed – – –
Asset turnover 0.0x 0.0x 0.1x
Cash conversion (OCF / net income) 0.9x 4.1x 0.0x
Stock comp / revenue 33.9% 2.7% –

Financial Health

11 metrics
MetricLADRSTWDTPTS
Debt / assets 71.9% 22.9% 44.6%
Debt / equity 3.0x 2.1x 0.9x
Net debt / EBITDA 11.6x 7.5x -8.8x
Debt / FCF 55.4x -35.2x -92.6x
Liabilities / assets 75.8% 88.8% 49.3%
Equity / assets 24.2% 11.2% 50.7%
Interest coverage 1.5x 1.2x -1.8x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricLADRSTWDTPTS
Dividend yield 10.1% 14.9% –
Net buyback yield 2.7% -10.6% –
Shareholder yield 12.7% 4.3% –
Payout ratio (earnings) 118.0% 264.4% -15.5%
Payout ratio (FCF) 148.7% -176.1% -466.9%
Dividend growth (1Y) -0.6% 9.2% -65.5%
Dividend CAGR (3Y) 0.1% 5.4% -31.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLADRSTWDTPTS
Forward P/E 8.9xFY2026 9.5xFY2026 –
EPS, next fiscal year $1.03FY2026 $1.36FY2026 –
EPS growth, next FY +22.6%FY2026 -19.5%FY2026 –
EPS growth, the year after +10.7% +29.4% –
Revenue, next fiscal year $287.80MFY2026 $1.99BFY2026 –
Revenue growth, next FY +33.6%FY2026 +8.4%FY2026 –
Revenue growth, the year after -10.2% +22.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLADRSTWDTPTS
Held by institutions 63.6% 50.0% –
Institutions holding 221 518 –
Change in shares held, QoQ +4.9% +1.0% –
Institutions buying 118 256 –
Institutions selling 62 163 –
Buyers to sellers 1.90 1.57 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LADRSTWDTPTS
LADR 1.00 0.67 0.22
STWD 0.67 1.00 0.26
TPTS 0.22 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LADR, STWD and TPTS?

Starwood Property Trust (STWD) is the largest by market capitalisation: Ladder Capital (LADR) $1.15B, Starwood Property Trust (STWD) $4.78B, Terra Property Trust (TPTS) $316.18M.

Which stock is cheaper, LADR, STWD and TPTS?

Ladder Capital (LADR) trades on the lowest price-to-earnings ratio (Ladder Capital (LADR) 11.5x, Starwood Property Trust (STWD) 20.7x, Terra Property Trust (TPTS) -8.7x). On next year's consensus earnings, Ladder Capital (LADR) is cheapest (Ladder Capital (LADR) 8.9x, Starwood Property Trust (STWD) 9.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Starwood Property Trust (STWD) grew revenue fastest over the trailing twelve months: Ladder Capital (LADR) -33.3%, Starwood Property Trust (STWD) +11.8%, Terra Property Trust (TPTS) -50.3%.

Which company is more profitable?

Ladder Capital (LADR) has the highest net margin (Ladder Capital (LADR) 136.2%, Starwood Property Trust (STWD) 11.4%, Terra Property Trust (TPTS) -164.0%). On return on invested capital, Starwood Property Trust (STWD) leads (Ladder Capital (LADR) 5.6%, Starwood Property Trust (STWD) 7.0%, Terra Property Trust (TPTS) -6.8%).

Which stock has performed better?

Over the past year Ladder Capital (LADR) returned the most: Ladder Capital (LADR) -14.4%, Starwood Property Trust (STWD) -30.2%. Over five years, Ladder Capital (LADR) compounded fastest (Ladder Capital (LADR) -5.7%/yr, Starwood Property Trust (STWD) -13.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Starwood Property Trust (STWD) has the highest dividend yield: Ladder Capital (LADR) 10.05%, Starwood Property Trust (STWD) 14.90%. Terra Property Trust (TPTS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Starwood Property Trust (STWD) has been the steadiest (Ladder Capital (LADR) 21.8%, Starwood Property Trust (STWD) 20.5%, Terra Property Trust (TPTS) 41.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LADR, STWD and TPTS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Starwood Property Trust (STWD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.