loanDepot (LDI) Non Operating Interest Expenses (2020 - 2024)

loanDepot (LDI) posted Non Operating Interest Expenses of $53.0 million for Q2 2024, up 13.86% on a QoQ basis from $46.5 million in Q1 2024, and up 23.18% year-over-year from $43.0 million in Q3 2023.

loanDepot (LDI) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends

loanDepot's Non Operating Interest Expenses history runs 5 years deep, the most recent figure standing at $53.0 million for 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 was $53.0 million for Q2 2024 at loanDepot, up from $46.5 million in the prior quarter.
  • Across five years, Non Operating Interest Expenses topped out at $53.0 million in Q2 2024 and bottomed at $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 gained 8.02%.
  • loanDepot's Non Operating Interest Expenses stood at $15.9 million in 2020, then jumped by 40.41% to $22.3 million in 2021, then soared by 81.09% to $40.4 million in 2022, then rose by 12.61% to $45.5 million in 2023, then advanced by 16.52% to $53.0 million in 2024.
  • Business Quant data shows LDI's Non Operating Interest Expenses at $53.0 million in Q2 2024, $46.5 million in Q1 2024, and $45.5 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - -
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - -
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - -
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 110.02 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - -
7 Velocity Financial 681.36 Mn -6.51 Bn - -
8 UWM Holdings 540.43 Mn 116.43 Mn - -
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - -
10 loanDepot 116.93 Mn -46.56 Mn - -

Historic Data

Download Data
DateValue
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