loanDepot (LDI) Prepaid Assets (2020 - 2023)
loanDepot (LDI) reported Prepaid Assets of $124.8 million for Q3 2023, up 8.06% on a YoY basis from $115.5 million in Q3 2022, and down 3.79% quarter-over-quarter from $129.7 million in Q2 2023.
loanDepot (LDI) Prepaid Assets (2020 - 2023) Analysis & Trends
loanDepot has reported Prepaid Assets for 4 years, with the latest figure at $124.8 million in Q3 2023.
- For the quarter ending Q3 2023, Prepaid Assets rose 8.06% year-over-year to $124.8 million; the trailing twelve-month figure through Sep 2023 stood at $124.8 million (up 8.06% YoY), and the FY2022 full-year result was $156.0 million, up 11.17% from the prior year.
- Prepaid Assets for Q3 2023 stood at $124.8 million, down from $129.7 million in the prior quarter.
- The five-year high for Prepaid Assets was $156.0 million in Q4 2022, with the low at $77.2 million in Q4 2020.
- Historically, Prepaid Assets has averaged $119.0 million across 4 years, with a median of $120.5 million in 2022.
- Annual changes were most pronounced in 2021 — Prepaid Assets soared 81.66% — and 2023, when it declined 7.47%.
- loanDepot's Prepaid Assets stood at $77.2 million in 2020, then soared by 81.66% to $140.3 million in 2021, then grew by 11.17% to $156.0 million in 2022, then dropped by 20.02% to $124.8 million in 2023.
- The last three Prepaid Assets figures came in at $124.8 million (Q3 2023), $129.7 million (Q2 2023), and $139.9 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 124.76 Mn |
| Jun 30, 2023 | 129.68 Mn |
| Mar 31, 2023 | 139.90 Mn |
| Dec 31, 2022 | 155.98 Mn |
| Sep 30, 2022 | 115.45 Mn |
| Jun 30, 2022 | 140.15 Mn |
| Mar 31, 2022 | 116.34 Mn |
| Dec 31, 2021 | 140.32 Mn |
| Sep 30, 2021 | 108.72 Mn |
| Jun 30, 2021 | 94.81 Mn |
| Mar 31, 2021 | 84.80 Mn |
| Dec 31, 2020 | 77.24 Mn |