Ladder Capital Corp
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $63.7M | $107.4M | $100.5M | $165.3M | $56.9M | $-9.5M | $137.0M | $221.7M |
| Depreciation & Amortization | $32.0M | $32.3M | $29.9M | $32.7M | $37.8M | $39.1M | $38.5M | $42.0M |
| Depreciation | $25.0M | $25.2M | $24.2M | $25.8M | $30.7M | $32.4M | $30.4M | $31.5M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $20.3M | $18.8M | $18.6M | $31.6M | $15.3M | $42.7M | $21.8M | $8.8M |
| Net Cash from Operating Activities | $87.0M | $133.9M | $180.6M | $106.7M | $79.7M | $111.9M | $183.2M | $200.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.61B | $932.8M | $793.5M | $81.6M | $-651.5M | $1.54B | $-126.6M | $-342.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $11.8M | $6.5M | $2.5M | $7.9M | $9.0M | $3.0M | $637.0K | $0 |
| Net Cash from Financing Activities | $227.0M | $-796.6M | $-557.8M | $-150.2M | $-91.0M | $-725.7M | $200.7M | $58.2M |
| Net Change in Cash | $-1.29B | $270.1M | $416.3M | $38.1M | $-662.7M | $928.5M | $257.3M | $-84.2M |
| Free Cash Flow | — | — | — | — | — | — | — | — |