Ladder Capital (LADR) Non Operating Interest Expenses (2013 - 2024)
Ladder Capital's Non Operating Interest Expenses came in at $58.77 million for Q1 2024, down 3.3% from $60.75 million a year earlier and down 3.3% from the prior quarter.
Ladder Capital (LADR) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, Ladder Capital reported Non Operating Interest Expenses of $243.12 million, up 16.1% year-over-year; for FY2023, it came in at $245.1 million, up 25.3% from FY2022.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of 4.8% (FY2018 to FY2023).
- Going back by year, Non Operating Interest Expenses was $195.6 million in FY2022 (+6.9%), $182.95 million in FY2021 (-19.6%), $227.47 million in FY2020 (+11.3%) and $204.35 million in FY2019 (+5.2%).
- The Q1 2024 figure represents the lowest quarterly Non Operating Interest Expenses since Q4 2022.
- Year-over-year, Non Operating Interest Expenses increased in five of the last eight quarters, with growth averaging 16.5%.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q2 2023 (growth of 43.6%), and the weakest in Q2 2021 (a decline of 33.9%).
- Business Quant data shows LADR's Non Operating Interest Expenses at $60.75 million (Q4 2023), $62.26 million (Q3 2023) and $61.34 million (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | 374.00 Mn |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | 214.00 Mn |
| 10 | Ladder Capital | 1.11 Bn | 949.50 Mn | - | - |
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 |
Ladder Capital Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=LADR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "LADR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=LADR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();