loanDepot (LDI) Receivables (2020 - 2023)
loanDepot's (LDI) quarterly Receivables came in at $62.0 million in Q3 2023, down 46.63% on a YoY basis from $116.3 million in Q3 2022, and down 16.81% quarter-over-quarter from $74.6 million in Q2 2023.
Analysis
loanDepot (LDI) Receivables (2020 - 2023) Analysis & Trends
loanDepot (LDI) has reported Receivables for 4 consecutive years, with $62.0 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Receivables fell 46.63% year-over-year to $62.0 million; the trailing twelve-month figure through Sep 2023 stood at $62.0 million (down 46.63% YoY), and the FY2022 full-year result was $162.7 million, up 110.48% from the prior year.
- Receivables fell to $62.0 million in Q3 2023 per LDI's latest filing, from $74.6 million in the prior quarter.
- Across five years, Receivables topped out at $515.4 million in Q4 2020 and bottomed at $62.0 million in Q3 2023.
- Historically, Receivables has averaged $204.5 million across 4 years, with a median of $129.1 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Receivables plunged 85.01% in 2021, then surged 110.48% in 2022.
- Over 4 years, Receivables stood at $515.4 million in 2020, then slumped by 85.01% to $77.3 million in 2021, then soared by 110.48% to $162.7 million in 2022, then sank by 61.86% to $62.0 million in 2023.
- According to Business Quant data, Receivables over the past three periods registered $62.0 million, $74.6 million, and $103.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | - |
| 2 | Rocket Companies | 37.17 Bn | 34.07 Bn | - | - |
| 3 | Figure Technology Solutions | 8.16 Bn | 6.63 Bn | 196.67 Mn | 88.53 Mn |
| 4 | PennyMac Financial Services | 3.63 Bn | 2.88 Bn | 480.08 Mn | - |
| 5 | Federal Agricultural Mortgage | 2.41 Bn | 1.38 Bn | - | - |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.35 Bn | 1.19 Bn | - | 3.58 Bn |
| 8 | Velocity Financial | 701.01 Mn | -6.75 Bn | - | 304.36 Mn |
| 9 | UWM Holdings | 457.35 Mn | -41.06 Mn | - | 542.48 Mn |
| 10 | loanDepot | 187.65 Mn | -123.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 62.05 Mn |
| Jun 30, 2023 | 74.58 Mn |
| Mar 31, 2023 | 102.98 Mn |
| Dec 31, 2022 | 162.67 Mn |
| Sep 30, 2022 | 116.25 Mn |
| Jun 30, 2022 | 106.47 Mn |
| Mar 31, 2022 | 141.88 Mn |
| Dec 31, 2021 | 77.28 Mn |
| Sep 30, 2021 | 404.55 Mn |
| Jun 30, 2021 | 255.49 Mn |
| Mar 31, 2021 | 434.25 Mn |
| Dec 31, 2020 | 515.42 Mn |