loanDepot (LDI) Non Operating Interest Expenses (2020 - 2024)
loanDepot's (LDI) quarterly Non Operating Interest Expenses came in at $53.0 million in Q2 2024, up 23.18% YoY from $43.0 million in Q3 2023, and up 13.86% on a QoQ basis from $46.5 million in Q1 2024.
loanDepot (LDI) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends
loanDepot (LDI) has 5 years of Non Operating Interest Expenses data on file, last reported at $53.0 million in Q2 2024.
- Quarterly Non Operating Interest Expenses rose 23.18% year-over-year to $53.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $187.5 million (up 15.3% YoY) and the FY2023 annual result came in at $174.1 million, up 40.34% from the prior year.
- Non Operating Interest Expenses grew to $53.0 million in Q2 2024, from $46.5 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $53.0 million in Q2 2024 to a low of $10.5 million in Q3 2020.
- A 5-year average of $29.2 million and a median of $28.0 million in 2021 frame the typical range for Non Operating Interest Expenses.
- Annual changes were most pronounced in 2023 — Non Operating Interest Expenses jumped 199.38% — and 2024, when it grew 8.02%.
- Tracing LDI's Non Operating Interest Expenses over 5 years: stood at $15.9 million in 2020, then surged by 40.41% to $22.3 million in 2021, then jumped by 81.09% to $40.4 million in 2022, then grew by 12.61% to $45.5 million in 2023, then rose by 16.52% to $53.0 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $53.0 million (Q2 2024), $46.5 million (Q1 2024), and $45.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 374.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 18.35 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 37.90 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 93.57 Mn |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | 103.10 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | 41.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 53.00 Mn |
| Mar 31, 2024 | 46.55 Mn |
| Dec 31, 2023 | 45.48 Mn |
| Sep 30, 2023 | 42.50 Mn |
| Jun 30, 2023 | 43.03 Mn |
| Mar 31, 2023 | 43.09 Mn |
| Dec 31, 2022 | 40.39 Mn |
| Sep 30, 2022 | 36.14 Mn |
| Jun 30, 2022 | 33.14 Mn |
| Mar 31, 2022 | 14.39 Mn |
| Dec 31, 2021 | 22.30 Mn |
| Sep 30, 2021 | 22.82 Mn |
| Jun 30, 2021 | 21.27 Mn |
| Mar 31, 2021 | 13.17 Mn |
| Dec 31, 2020 | 15.88 Mn |
| Sep 30, 2020 | 10.52 Mn |
| Jun 30, 2020 | 10.63 Mn |
| Mar 31, 2020 | 10.97 Mn |