Ladder Capital (LADR) Non Operating Interest Expenses (2013 - 2024)
Ladder Capital's (LADR) quarterly Non Operating Interest Expenses came in at $58.8 million in Q1 2024, down 3.26% year-over-year from $60.7 million in Q2 2023, and down 3.25% quarter-over-quarter from $60.7 million in Q4 2023.
Analysis
Ladder Capital (LADR) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Ladder Capital has disclosed Non Operating Interest Expenses across 12 years of filings, most recently posting $58.8 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses fell 3.26% year-over-year to $58.8 million; the TTM figure through Mar 2024 stood at $243.1 million (up 16.15% YoY), while the FY2023 annual figure was $245.1 million, up 25.3% from the prior year.
- Non Operating Interest Expenses came in at $58.8 million for Q1 2024 at Ladder Capital, down from $60.7 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $68.4 million in Q2 2020 to a low of $42.4 million in Q4 2021.
- Average Non Operating Interest Expenses over 5 years is $53.5 million, with a median of $51.4 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses tumbled 33.9% in 2021 and soared 43.64% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $51.2 million in 2020, then retreated by 17.25% to $42.4 million in 2021, then surged by 35.32% to $57.4 million in 2022, then advanced by 5.85% to $60.7 million in 2023, then slipped by 3.25% to $58.8 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $58.8 million in Q1 2024, $60.7 million in Q4 2023, and $62.3 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Ladder Capital | 1.22 Bn | 1.18 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 58.77 Mn |
| Dec 31, 2023 | 60.75 Mn |
| Sep 30, 2023 | 62.26 Mn |
| Jun 30, 2023 | 61.34 Mn |
| Mar 31, 2023 | 60.75 Mn |
| Dec 31, 2022 | 57.39 Mn |
| Sep 30, 2022 | 48.47 Mn |
| Jun 30, 2022 | 42.71 Mn |
| Mar 31, 2022 | 47.04 Mn |
| Dec 31, 2021 | 42.41 Mn |
| Sep 30, 2021 | 49.34 Mn |
| Jun 30, 2021 | 45.23 Mn |
| Mar 31, 2021 | 45.97 Mn |
| Dec 31, 2020 | 51.25 Mn |
| Sep 30, 2020 | 56.40 Mn |
| Jun 30, 2020 | 68.43 Mn |
| Mar 31, 2020 | 51.40 Mn |
| Dec 31, 2019 | 49.34 Mn |
| Sep 30, 2019 | 51.40 Mn |
| Jun 30, 2019 | 52.37 Mn |