loanDepot (LDI) Receivables - Net (2020 - 2023)
loanDepot (LDI) reported Receivables - Net of $53.8 million for Q3 2023, down 50.26% on a YoY basis from $108.3 million in Q3 2022, and down 21.49% quarter-over-quarter from $68.6 million in Q2 2023.
loanDepot (LDI) Receivables - Net (2020 - 2023) Analysis & Trends
loanDepot has reported Receivables - Net for 4 years, with the latest figure at $53.8 million in Q3 2023.
- For the quarter ending Q3 2023, Receivables - Net fell 50.26% year-over-year to $53.8 million; the trailing twelve-month figure through Sep 2023 stood at $53.8 million (down 50.26% YoY), and the FY2022 full-year result was $145.3 million, up 158.58% from the prior year.
- Receivables - Net for Q3 2023 stood at $53.8 million, down from $68.6 million in the prior quarter.
- The five-year high for Receivables - Net was $145.3 million in Q4 2022, with the low at $53.8 million in Q3 2023.
- Historically, Receivables - Net has averaged $91.2 million across 4 years, with a median of $87.9 million in 2021.
- Annual changes were most pronounced in 2021 — Receivables - Net sank 59.32% — and 2022, when it soared 158.58%.
- loanDepot's Receivables - Net stood at $138.1 million in 2020, then tumbled by 59.32% to $56.2 million in 2021, then surged by 158.58% to $145.3 million in 2022, then sank by 62.94% to $53.8 million in 2023.
- The last three Receivables - Net figures came in at $53.8 million (Q3 2023), $68.6 million (Q2 2023), and $99.4 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 37.42 Bn | 34.73 Bn | - |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - |
| 10 | Greystone Housing Impact Investors | 119.59 Mn | 119.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 53.85 Mn |
| Sep 30, 2023 | 53.85 Mn |
| Jun 30, 2023 | 68.58 Mn |
| Jun 30, 2023 | 68.58 Mn |
| Mar 31, 2023 | 99.38 Mn |
| Mar 31, 2023 | 99.38 Mn |
| Dec 31, 2022 | 145.28 Mn |
| Dec 31, 2022 | 145.28 Mn |
| Sep 30, 2022 | 108.25 Mn |
| Sep 30, 2022 | 108.25 Mn |
| Jun 30, 2022 | 91.77 Mn |
| Jun 30, 2022 | 91.77 Mn |
| Mar 31, 2022 | 115.98 Mn |
| Mar 31, 2022 | 115.98 Mn |
| Dec 31, 2021 | 56.18 Mn |
| Dec 31, 2021 | 56.18 Mn |
| Sep 30, 2021 | 68.05 Mn |
| Sep 30, 2021 | 68.05 Mn |
| Jun 30, 2021 | 65.19 Mn |
| Jun 30, 2021 | 65.19 Mn |