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| 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 |