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loanDepot (LDI) Financials

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$1.10 +0.01 (+0.92%)
As of 03:59 PM Eastern
Annual Income Statements for loanDepot

Annual Income Statements for loanDepot

This table shows loanDepot's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-273 -110 -98
Consolidated Net Income / (Loss)
-610 -236 -202
Net Income / (Loss) Continuing Operations
-610 -236 -202
Total Pre-Tax Income
-690 -278 -243
Total Operating Income
-294 138 238
Total Gross Profit
501 643 752
Total Revenue
1,528 1,216 1,353
Operating Revenue
1,528 1,216 1,353
Total Cost of Revenue
1,027 573 600
Operating Cost of Revenue
1,027 573 600
Total Operating Expenses
795 505 514
Selling, General & Admin Expense
266 213 204
Marketing Expense
237 133 133
Depreciation Expense
42 41 36
Other Operating Expenses / (Income)
209 118 141
Impairment Charge
41 0.00 0.00
Total Other Income / (Expense), net
-396 -416 -481
Interest Expense
275 304 336
Other Income / (Expense), net
-121 -112 -145
Income Tax Expense
-80 -43 -41
Net Income / (Loss) Attributable to Noncontrolling Interest
-337 -125 -104
Basic Earnings per Share
($1.75) ($0.63) ($0.53)
Weighted Average Basic Shares Outstanding
156.03M 174.91M 185.64M
Diluted Earnings per Share
($1.75) ($0.63) ($0.53)
Weighted Average Diluted Shares Outstanding
156.03M 174.91M 185.64M
Weighted Average Basic & Diluted Shares Outstanding
316.46M 323.09M 328.28M

Quarterly Income Statements for loanDepot

This table shows loanDepot's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-60 -77 -43 -23 -17 -27 -34 -32 1.37 -33
Consolidated Net Income / (Loss)
-137 -158 -92 -50 -34 -60 -72 -66 2.67 -67
Net Income / (Loss) Continuing Operations
-137 -158 -92 -50 -34 -60 -72 -66 2.67 -67
Total Pre-Tax Income
-161 -174 -107 -58 -39 -74 -85 -77 3.60 -84
Total Operating Income
-81 -14 -26 12 33 119 -8.23 19 100 127
Total Gross Profit
135 40 147 185 197 114 165 221 249 117
Total Revenue
274 359 208 272 266 470 223 265 315 550
Operating Revenue
354 205 288 342 338 247 300 362 411 280
Total Cost of Revenue
219 166 141 158 141 133 134 141 161 164
Operating Cost of Revenue
219 166 141 158 141 133 134 141 161 164
Total Operating Expenses
216 54 173 172 164 -4.29 174 202 150 -11
Selling, General & Admin Expense
83 69 56 55 47 55 58 73 23 50
Marketing Expense
43 32 36 35 34 28 28 31 36 37
Depreciation Expense
10 10 10 11 11 9.92 9.44 8.96 8.93 8.78
Other Operating Expenses / (Income)
80 -56 71 72 73 -98 78 88 81 -107
Total Other Income / (Expense), net
-80 -160 -80 -70 -72 -192 -77 -96 -96 -211
Interest Expense
41 154 28 32 37 208 32 36 39 229
Other Income / (Expense), net
-38 -5.92 -53 -38 -36 15 -45 -61 -57 18
Income Tax Expense
-23 -16 -15 -8.56 -5.21 -14 -14 -11 0.92 -17
Net Income / (Loss) Attributable to Noncontrolling Interest
-77 -80 -49 -26 -18 -33 -37 -34 1.30 -34
Basic Earnings per Share
($0.37) ($0.47) ($0.25) ($0.13) ($0.09) ($0.16) ($0.19) ($0.18) $0.01 ($0.17)
Weighted Average Basic Shares Outstanding
162.46M 156.03M 170.81M 173.91M 175.96M 174.91M 181.41M 182.32M 185.39M 185.64M
Diluted Earnings per Share
($0.37) ($0.47) ($0.25) ($0.13) ($0.09) ($0.16) ($0.19) ($0.18) $0.01 ($0.17)
Weighted Average Diluted Shares Outstanding
162.46M 156.03M 170.81M 173.91M 175.96M 174.91M 324.68M 182.32M 332.53M 185.64M
Weighted Average Basic & Diluted Shares Outstanding
314.43M 316.46M 317.90M 319.42M 321.07M 323.09M 323.59M 325.15M 327.00M 328.28M

Annual Cash Flow Statements for loanDepot

This table details how cash moves in and out of loanDepot's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
360 -235 -219
Net Cash From Operating Activities
4,461 -174 -865
Net Cash From Continuing Operating Activities
4,461 -174 -865
Net Income / (Loss) Continuing Operations
-610 -236 -202
Consolidated Net Income / (Loss)
-610 -236 -202
Depreciation Expense
42 41 36
Amortization Expense
36 22 29
Non-Cash Adjustments To Reconcile Net Income
5,205 58 -715
Changes in Operating Assets and Liabilities, net
-212 -60 -13
Net Cash From Investing Activities
668 166 495
Net Cash From Continuing Investing Activities
668 166 495
Purchase of Property, Plant & Equipment
-43 -21 -26
Acquisitions
-0.33 0.00 -0.23
Sale and/or Maturity of Investments
7.48 5.58 6.34
Other Investing Activities, net
704 181 515
Net Cash From Financing Activities
-4,769 -226 152
Net Cash From Continuing Financing Activities
-4,769 -226 152
Repayment of Debt
-64,788 -21,138 -23,285
Payment of Dividends
-120 -6.19 -7.11
Issuance of Debt
60,139 20,918 23,444
Cash Interest Paid
254 322 306
Cash Income Taxes Paid
27 -8.87 9.02

Quarterly Cash Flow Statements for loanDepot

This table details how cash moves in and out of loanDepot's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
155 -324 -92 -108 52 -86 -68 -47 -53 -51
Net Cash From Operating Activities
1,744 46 205 -337 163 -205 -279 -278 -349 41
Net Cash From Continuing Operating Activities
1,744 46 205 -337 163 -205 -279 -279 -349 41
Net Income / (Loss) Continuing Operations
-137 -158 -92 -50 -34 -60 -72 -66 2.67 -67
Consolidated Net Income / (Loss)
-137 -158 -92 -50 -34 -60 -72 -66 2.67 -67
Depreciation Expense
10 10 10 11 11 9.92 9.44 8.96 8.93 8.78
Amortization Expense
11 5.99 5.24 4.98 4.97 6.37 5.04 6.13 8.96 8.67
Non-Cash Adjustments To Reconcile Net Income
1,620 581 256 -251 69 -15 -171 -222 -391 70
Changes in Operating Assets and Liabilities, net
241 -394 26 -52 113 -147 -50 -5.39 22 21
Net Cash From Investing Activities
295 9.89 6.92 81 71 6.67 52 436 -28 35
Net Cash From Continuing Investing Activities
295 9.89 6.92 81 71 6.67 52 434 -26 35
Purchase of Property, Plant & Equipment
-8.77 -5.60 -6.28 -5.27 -4.77 -4.30 -4.76 -7.43 -7.28 -6.92
Sale and/or Maturity of Investments
1.79 1.59 1.17 1.30 1.67 1.44 0.68 2.41 1.77 1.49
Other Investing Activities, net
302 14 12 85 74 9.52 56 439 -21 41
Net Cash From Financing Activities
-1,884 -380 -305 148 -183 113 159 -205 325 -127
Net Cash From Continuing Financing Activities
-1,884 -380 -305 148 -183 113 159 -205 325 -127
Repayment of Debt
-11,456 -6,323 -4,889 -5,717 -5,666 -4,866 -4,697 -6,199 -6,101 -6,288
Payment of Dividends
-1.94 -0.42 -1.23 -2.48 -0.87 -1.60 -1.34 -1.03 -2.77 -1.98
Issuance of Debt
9,574 5,943 4,586 5,868 5,484 4,980 4,857 5,995 6,428 6,163
Cash Interest Paid
58 76 58 104 61 98 58 94 64 90
Cash Income Taxes Paid
-0.37 2.87 -3.47 -0.05 -0.34 -5.01 0.02 -0.02 4.91 4.12

Annual Balance Sheets for loanDepot

This table presents loanDepot's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
6,610 6,151 6,344
Total Current Assets
981 2,972 527
Cash & Equivalents
864 661 422
Restricted Cash
117 85 106
Plant, Property, & Equipment, net
93 71 61
Total Noncurrent Assets
5,537 3,108 5,756
Long-Term Investments
20 20 18
Other Noncurrent Operating Assets
5,516 3,088 5,738
Total Liabilities & Shareholders' Equity
6,610 6,151 6,344
Total Liabilities
5,688 5,447 5,837
Total Current Liabilities
489 1,176 379
Accounts Payable
489 380 379
Total Noncurrent Liabilities
5,200 4,270 5,458
Long-Term Debt
4,436 4,221 4,404
Other Noncurrent Operating Liabilities
764 49 1,054
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
921 704 507
Total Preferred & Common Equity
433 353 273
Preferred Stock
0.00 0.00 0.00
Total Common Equity
433 353 273
Common Stock
789 821 844
Retained Earnings
-342 -452 -551
Treasury Stock
-13 -16 -20
Noncontrolling Interest
488 351 234

Quarterly Balance Sheets for loanDepot

This table presents loanDepot's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
7,379 6,191 6,204 6,079 6,193 5,943 6,418
Total Current Assets
1,529 1,127 979 3,168 3,042 631 579
Cash & Equivalents
1,144 798 719 717 604 533 483
Restricted Cash
161 90 61 115 74 98 96
Plant, Property, & Equipment, net
99 89 83 77 66 65 63
Total Noncurrent Assets
5,751 4,974 5,142 2,834 3,085 5,247 5,776
Long-Term Investments
20 18 18 19 18 138 18
Other Noncurrent Operating Assets
5,731 4,956 5,124 2,815 3,067 5,109 5,758
Total Liabilities & Shareholders' Equity
7,379 6,191 6,204 6,079 6,193 5,943 6,418
Total Liabilities
6,300 5,350 5,406 5,310 5,556 5,364 5,826
Total Current Liabilities
716 450 407 1,152 1,127 375 382
Accounts Payable
716 450 407 463 367 375 382
Total Noncurrent Liabilities
5,584 4,900 4,999 4,158 4,429 4,989 5,444
Long-Term Debt
4,813 4,134 4,286 4,104 4,383 4,189 4,523
Other Noncurrent Operating Liabilities
771 766 713 54 45 800 921
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,078 841 797 769 637 579 592
Total Preferred & Common Equity
500 404 389 379 322 295 311
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
500 404 389 379 322 295 311
Common Stock
778 803 813 819 825 831 848
Retained Earnings
-266 -385 -408 -425 -486 -518 -517
Treasury Stock
-13 -14 -15 -16 -17 -17 -19
Noncontrolling Interest
579 437 408 390 316 284 281

Annual Metrics and Ratios for loanDepot

This table displays calculated financial ratios and metrics derived from loanDepot's official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
-63.90% -20.41% 11.25%
EBITDA Growth
-135.25% 126.35% 77.95%
EBIT Growth
-146.90% 106.25% 258.63%
NOPAT Growth
-118.76% 146.78% 73.01%
Net Income Growth
-197.95% 61.42% 14.17%
EPS Growth
-301.15% 64.00% 15.87%
Operating Cash Flow Growth
404.35% -103.91% -396.75%
Free Cash Flow Firm Growth
-245.91% 173.51% -185.20%
Invested Capital Growth
95.42% -37.16% 59.46%
Revenue Q/Q Growth
-29.51% 10.13% 24.23%
EBITDA Q/Q Growth
-34.89% 146.78% 656.16%
EBIT Q/Q Growth
-25.59% 110.28% 200.96%
NOPAT Q/Q Growth
-67.39% 215.21% 284.12%
Net Income Q/Q Growth
-39.39% 29.38% -3.96%
EPS Q/Q Growth
-41.13% 32.98% -1.92%
Operating Cash Flow Q/Q Growth
-10.93% -326.15% 22.13%
Free Cash Flow Firm Q/Q Growth
-138.47% -9.36% 27.59%
Invested Capital Q/Q Growth
-4.61% 5.66% -3.39%
Profitability Metrics
- - -
Gross Margin
32.77% 52.87% 55.60%
EBITDA Margin
-22.05% 7.30% 11.68%
Operating Margin
-19.25% 11.32% 17.60%
EBIT Margin
-27.17% 2.13% 6.88%
Profit (Net Income) Margin
-39.96% -19.37% -14.95%
Tax Burden Percent
88.46% 84.62% 83.24%
Interest Burden Percent
166.25% -1,072.89% -261.05%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-6.25% 2.72% 4.69%
ROIC Less NNEP Spread (ROIC-NNEP)
-26.30% -9.42% -7.83%
Return on Net Nonoperating Assets (RNNOA)
-41.61% -31.68% -38.07%
Return on Equity (ROE)
-47.86% -28.97% -33.38%
Cash Return on Invested Capital (CROIC)
-70.85% 48.35% -41.14%
Operating Return on Assets (OROA)
-4.51% 0.41% 1.49%
Return on Assets (ROA)
-6.63% -3.69% -3.24%
Return on Common Equity (ROCE)
-17.96% -14.02% -17.26%
Return on Equity Simple (ROE_SIMPLE)
-140.80% -66.68% -74.08%
Net Operating Profit after Tax (NOPAT)
-206 96 167
NOPAT Margin
-13.48% 7.92% 12.32%
Net Nonoperating Expense Percent (NNEP)
20.05% 12.14% 12.52%
Return On Investment Capital (ROIC_SIMPLE)
-3.84% 1.96% 3.39%
Cost of Revenue to Revenue
67.23% 47.13% 44.40%
SG&A Expenses to Revenue
17.39% 17.50% 15.10%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
52.02% 41.55% 38.01%
Earnings before Interest and Taxes (EBIT)
-415 26 93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-337 89 158
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.20 3.20 2.44
Price to Tangible Book Value (P/TBV)
1.20 3.20 2.44
Price to Revenue (P/Rev)
0.34 0.93 0.49
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
56.48% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.02 1.80 1.09
Enterprise Value to Revenue (EV/Rev)
2.91 4.06 3.52
Enterprise Value to EBITDA (EV/EBITDA)
0.00 55.62 30.14
Enterprise Value to EBIT (EV/EBIT)
0.00 190.30 51.16
Enterprise Value to NOPAT (EV/NOPAT)
0.00 51.26 28.57
Enterprise Value to Operating Cash Flow (EV/OCF)
1.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 2.88 0.00
Leverage & Solvency
- - -
Debt to Equity
4.81 5.99 8.69
Long-Term Debt to Equity
4.81 5.99 8.69
Financial Leverage
1.58 3.36 4.87
Leverage Ratio
7.22 7.85 10.32
Compound Leverage Factor
12.01 -84.20 -26.93
Debt to Total Capital
82.80% 85.70% 89.68%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
82.80% 85.70% 89.68%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
9.11% 7.13% 4.76%
Common Equity to Total Capital
8.09% 7.17% 5.56%
Debt to EBITDA
-13.17 47.56 27.89
Net Debt to EBITDA
-10.20 38.93 24.43
Long-Term Debt to EBITDA
-13.17 47.56 27.89
Debt to NOPAT
-21.55 43.83 26.43
Net Debt to NOPAT
-16.69 35.87 23.16
Long-Term Debt to NOPAT
-21.55 43.83 26.43
Altman Z-Score
0.10 0.58 0.24
Noncontrolling Interest Sharing Ratio
62.48% 51.62% 48.31%
Liquidity Ratios
- - -
Current Ratio
2.01 2.53 1.39
Quick Ratio
1.77 0.56 1.11
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-2,333 1,715 -1,461
Operating Cash Flow to CapEx
10,323.17% -845.21% -3,279.85%
Free Cash Flow to Firm to Interest Expense
-8.49 5.64 -4.35
Operating Cash Flow to Interest Expense
16.22 -0.57 -2.58
Operating Cash Flow Less CapEx to Interest Expense
16.07 -0.64 -2.66
Efficiency Ratios
- - -
Asset Turnover
0.17 0.19 0.22
Accounts Receivable Turnover
0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
15.50 14.85 20.51
Accounts Payable Turnover
1.85 1.32 1.58
Days Sales Outstanding (DSO)
0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
197.81 276.66 230.80
Cash Conversion Cycle (CCC)
-197.81 -276.66 -230.80
Capital & Investment Metrics
- - -
Invested Capital
4,356 2,738 4,366
Invested Capital Turnover
0.46 0.34 0.38
Increase / (Decrease) in Invested Capital
2,127 -1,619 1,628
Enterprise Value (EV)
4,442 4,936 4,760
Market Capitalization
519 1,130 667
Book Value per Share
$1.38 $1.10 $0.83
Tangible Book Value per Share
$1.38 $1.10 $0.83
Total Capital
5,357 4,926 4,911
Total Debt
4,436 4,221 4,404
Total Long-Term Debt
4,436 4,221 4,404
Net Debt
3,435 3,455 3,859
Capital Expenditures (CapEx)
43 21 26
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-489 1,050 -379
Debt-free Net Working Capital (DFNWC)
492 1,796 148
Net Working Capital (NWC)
492 1,796 148
Net Nonoperating Expense (NNE)
405 332 369
Net Nonoperating Obligations (NNO)
3,435 2,033 3,859
Total Depreciation and Amortization (D&A)
78 63 65
Debt-free, Cash-free Net Working Capital to Revenue
-31.99% 86.37% -28.05%
Debt-free Net Working Capital to Revenue
32.19% 147.72% 10.93%
Net Working Capital to Revenue
32.19% 147.72% 10.93%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($1.75) ($0.63) ($0.53)
Adjusted Weighted Average Basic Shares Outstanding
156.03M 174.91M 185.64M
Adjusted Diluted Earnings per Share
($1.75) ($0.63) ($0.53)
Adjusted Weighted Average Diluted Shares Outstanding
156.03M 174.91M 185.64M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
316.46M 323.09M 328.28M
Normalized Net Operating Profit after Tax (NOPAT)
-177 96 167
Normalized NOPAT Margin
-11.61% 7.92% 12.32%
Pre Tax Income Margin
-45.17% -22.89% -17.95%
Debt Service Ratios
- - -
EBIT to Interest Expense
-1.51 0.09 0.28
NOPAT to Interest Expense
-0.75 0.32 0.50
EBIT Less CapEx to Interest Expense
-1.67 0.02 0.20
NOPAT Less CapEx to Interest Expense
-0.91 0.25 0.42
Payout Ratios
- - -
Dividend Payout Ratio
-19.61% -2.63% -3.52%
Augmented Payout Ratio
-19.61% -2.63% -3.52%

Quarterly Metrics and Ratios for loanDepot

This table displays calculated financial ratios and metrics derived from loanDepot's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-74.64% -64.07% -64.54% -11.93% -3.11% 31.19% 7.16% -2.37% 18.42% 16.87%
EBITDA Growth
-139.09% -105.16% -48.95% 94.45% 113.03% 3,614.49% 38.68% -148.59% 374.11% 8.15%
EBIT Growth
-150.70% -131.68% -25.12% 87.59% 97.74% 757.91% 32.19% -57.61% 1,697.44% 8.27%
NOPAT Growth
-119.56% -107.18% -30.26% 106.81% 140.71% 921.82% 68.46% 58.82% 220.70% 7.40%
Net Income Growth
-189.11% -1,170.89% -0.44% 77.77% 75.08% 62.11% 22.04% -32.34% 107.80% -12.87%
EPS Growth
-192.50% -1,275.00% 0.00% 80.30% 75.68% 65.96% 24.00% -38.46% 111.11% -6.25%
Operating Cash Flow Growth
724.83% -92.27% -82.12% -122.16% -90.64% -548.19% -235.63% 17.53% -313.84% 119.75%
Free Cash Flow Firm Growth
158.59% -432.73% -571.24% -121.11% -67.40% 179.62% 171.22% 116.74% -192.72% -190.42%
Invested Capital Growth
-57.53% 95.42% 78.75% 72.55% -43.26% -37.16% -31.84% -6.69% 74.38% 59.46%
Revenue Q/Q Growth
-11.16% 30.77% -42.02% 30.75% -2.27% 77.07% -22.10% 19.12% 18.54% 74.76%
EBITDA Q/Q Growth
48.40% 95.67% 50.42% 83.32% 221.14% 1,067.49% -78.67% 32.36% 331.04% 166.31%
EBIT Q/Q Growth
43.65% 82.98% 45.37% 66.65% 89.75% 5,062.77% -40.31% 22.48% 203.88% 236.37%
NOPAT Q/Q Growth
54.62% 82.21% 81.16% 146.61% 171.31% 259.23% 96.54% 334.69% 447.83% 20.31%
Net Income Q/Q Growth
38.58% -14.75% 41.86% 45.75% 31.14% -74.45% -19.63% 7.90% 104.06% -2,624.89%
EPS Q/Q Growth
43.94% -27.03% 46.81% 48.00% 30.77% -77.78% -18.75% 5.26% 105.56% -1,800.00%
Operating Cash Flow Q/Q Growth
14.55% -97.37% 348.04% -264.32% 148.39% -225.80% -35.59% 0.08% -25.47% 111.62%
Free Cash Flow Firm Q/Q Growth
-27.83% -134.86% 18.59% 0.98% 211.47% -14.86% -11.19% -76.73% -717.45% 16.98%
Invested Capital Q/Q Growth
83.91% -4.61% -6.61% 5.31% -39.52% 5.66% 1.30% 44.16% 13.02% -3.39%
Profitability Metrics
- - - - - - - - - -
Gross Margin
49.33% 11.05% 70.88% 67.88% 74.04% 24.28% 74.24% 83.21% 79.25% 21.19%
EBITDA Margin
-35.99% -1.19% -30.61% -3.91% 4.84% 31.92% -17.51% -9.94% 19.38% 29.53%
Operating Margin
-29.56% -4.02% -12.55% 4.47% 12.42% 25.19% -3.69% 7.28% 31.67% 23.15%
EBIT Margin
-43.59% -5.67% -37.95% -9.68% -1.02% 28.45% -24.01% -15.63% 13.69% 26.36%
Profit (Net Income) Margin
-50.14% -44.00% -44.12% -18.31% -12.90% -12.71% -32.10% -24.81% 0.85% -12.27%
Tax Burden Percent
85.43% 90.63% 86.06% 85.33% 86.81% 80.83% 83.96% 85.35% 74.33% 80.20%
Interest Burden Percent
134.64% 855.69% 135.09% 221.61% 1,463.37% -55.24% 159.19% 186.04% 8.34% -58.05%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.67% 0.00%
Return on Invested Capital (ROIC)
-5.85% -1.31% -3.18% 1.03% 2.68% 6.04% -0.79% 1.28% 7.21% 6.17%
ROIC Less NNEP Spread (ROIC-NNEP)
-7.14% -8.63% -6.86% -1.42% 0.52% 0.82% -3.24% -1.02% 4.73% 0.86%
Return on Net Nonoperating Assets (RNNOA)
-32.82% -13.64% -11.65% -3.36% 1.50% 2.77% -11.76% -5.12% 19.97% 4.17%
Return on Equity (ROE)
-38.67% -14.95% -14.83% -2.33% 4.18% 8.82% -12.55% -3.84% 27.18% 10.34%
Cash Return on Invested Capital (CROIC)
79.16% -70.85% -65.86% -58.07% 52.86% 48.35% 33.71% 3.61% -56.76% -41.14%
Operating Return on Assets (OROA)
-9.39% -0.94% -5.18% -1.40% -0.17% 5.42% -4.06% -2.68% 2.39% 5.71%
Return on Assets (ROA)
-10.80% -7.30% -6.03% -2.64% -2.12% -2.42% -5.42% -4.25% 0.15% -2.66%
Return on Common Equity (ROCE)
-14.62% -5.61% -6.12% -1.08% 1.99% 4.27% -6.16% -1.91% 13.79% 5.35%
Return on Equity Simple (ROE_SIMPLE)
-87.64% 0.00% -151.23% -112.16% -87.96% 0.00% -66.94% -78.35% -62.45% 0.00%
Net Operating Profit after Tax (NOPAT)
-57 -10 -18 8.51 23 83 -5.76 14 74 89
NOPAT Margin
-20.69% -2.82% -8.78% 3.13% 8.69% 17.64% -2.59% 5.09% 23.54% 16.21%
Net Nonoperating Expense Percent (NNEP)
1.28% 7.32% 3.68% 2.45% 2.16% 5.22% 2.45% 2.30% 2.48% 5.31%
Return On Investment Capital (ROIC_SIMPLE)
- -0.19% - - - 1.68% - - - 1.81%
Cost of Revenue to Revenue
79.81% 46.19% 67.83% 58.05% 53.24% 28.22% 60.29% 53.14% 51.28% 29.79%
SG&A Expenses to Revenue
30.42% 19.13% 27.00% 20.17% 17.51% 11.75% 25.92% 27.57% 7.31% 9.16%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
78.89% 15.07% 83.43% 63.40% 61.62% -0.91% 77.94% 75.93% 47.58% -1.96%
Earnings before Interest and Taxes (EBIT)
-120 -20 -79 -26 -2.70 134 -53 -41 43 145
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-99 -4.27 -64 -11 13 150 -39 -26 61 162
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.83 1.20 1.26 1.73 1.45 3.20 2.60 1.81 2.85 2.44
Price to Tangible Book Value (P/TBV)
0.83 1.20 1.26 1.73 1.45 3.20 2.60 1.81 2.85 2.44
Price to Revenue (P/Rev)
0.19 0.34 0.44 0.61 0.50 0.93 0.80 0.51 0.82 0.49
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
70.61% 56.48% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.98 1.02 1.03 1.07 1.62 1.80 1.75 1.06 1.13 1.09
Enterprise Value to Revenue (EV/Rev)
2.07 2.91 3.63 4.11 3.80 4.06 4.63 4.07 4.68 3.52
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 55.62 0.00 0.00 0.00 30.14
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 190.30 0.00 0.00 0.00 51.16
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 51.26 0.00 0.00 0.00 28.57
Enterprise Value to Operating Cash Flow (EV/OCF)
0.89 1.00 1.19 2.76 54.42 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.74 0.00 0.00 0.00 2.22 2.88 4.20 28.34 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
4.46 4.81 4.91 5.38 5.34 5.99 6.88 7.23 7.64 8.69
Long-Term Debt to Equity
4.46 4.81 4.91 5.38 5.34 5.99 6.88 7.23 7.64 8.69
Financial Leverage
4.60 1.58 1.70 2.37 2.87 3.36 3.63 5.02 4.22 4.87
Leverage Ratio
7.35 7.22 7.16 7.66 7.28 7.85 8.38 8.83 9.18 10.32
Compound Leverage Factor
9.90 61.80 9.67 16.97 106.59 -4.34 13.33 16.42 0.77 -5.99
Debt to Total Capital
81.69% 82.80% 83.09% 84.31% 84.22% 85.70% 87.31% 87.86% 88.43% 89.68%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
81.69% 82.80% 83.09% 84.31% 84.22% 85.70% 87.31% 87.86% 88.43% 89.68%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
9.83% 9.11% 8.79% 8.03% 8.00% 7.13% 6.29% 5.95% 5.49% 4.76%
Common Equity to Total Capital
8.48% 8.09% 8.12% 7.66% 7.78% 7.17% 6.41% 6.19% 6.09% 5.56%
Debt to EBITDA
-19.27 -13.17 -8.58 -14.23 -21.63 47.56 -72.17 -54.75 -159.27 27.89
Net Debt to EBITDA
-13.97 -10.20 -6.70 -11.58 -17.15 38.93 -60.72 -44.69 -138.27 24.43
Long-Term Debt to EBITDA
-19.27 -13.17 -8.58 -14.23 -21.63 47.56 -72.17 -54.75 -159.27 27.89
Debt to NOPAT
-39.14 -21.55 -13.92 -26.23 -49.09 43.83 -30.84 -30.54 -49.98 26.43
Net Debt to NOPAT
-28.37 -16.69 -10.87 -21.34 -38.92 35.87 -25.94 -24.93 -43.39 23.16
Long-Term Debt to NOPAT
-39.14 -21.55 -13.92 -26.23 -49.09 43.83 -30.84 -30.54 -49.98 26.43
Altman Z-Score
0.36 0.29 0.25 0.26 0.54 0.64 0.49 0.14 0.21 0.26
Noncontrolling Interest Sharing Ratio
62.19% 62.48% 58.75% 53.56% 52.43% 51.62% 50.93% 50.25% 49.26% 48.31%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.13 2.01 2.51 2.40 2.75 2.53 2.70 1.68 1.52 1.39
Quick Ratio
1.75 1.77 2.00 1.93 0.67 0.56 0.54 1.42 1.27 1.11
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
6,131 -2,137 -1,811 -1,793 1,999 1,702 1,290 300 -1,853 -1,539
Operating Cash Flow to CapEx
19,888.07% 818.74% 3,272.54% -6,400.47% 3,423.14% -4,782.72% -5,846.41% -3,747.02% -4,797.58% 586.41%
Free Cash Flow to Firm to Interest Expense
148.05 -13.90 -65.40 -56.03 54.36 8.19 40.73 8.41 -46.93 -6.72
Operating Cash Flow to Interest Expense
42.12 0.30 7.42 -10.54 4.44 -0.99 -8.80 -7.80 -8.84 0.18
Operating Cash Flow Less CapEx to Interest Expense
41.91 0.26 7.19 -10.71 4.31 -1.01 -8.95 -8.01 -9.03 0.15
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.22 0.17 0.14 0.14 0.16 0.19 0.17 0.17 0.17 0.22
Accounts Receivable Turnover
24.58 0.00 10.67 13.88 13.62 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
21.40 15.50 11.67 11.46 12.57 14.85 13.50 14.12 15.58 20.51
Accounts Payable Turnover
0.00 1.85 1.31 1.30 1.03 1.32 1.39 1.40 1.35 1.58
Days Sales Outstanding (DSO)
14.85 0.00 34.20 26.30 26.80 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 197.81 278.41 280.59 355.00 276.66 263.32 259.92 270.52 230.80
Cash Conversion Cycle (CCC)
14.85 -197.81 -244.21 -254.28 -328.20 -276.66 -263.32 -259.92 -270.52 -230.80
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
4,567 4,356 4,069 4,285 2,591 2,738 2,773 3,998 4,519 4,366
Invested Capital Turnover
0.28 0.46 0.36 0.33 0.31 0.34 0.31 0.25 0.31 0.38
Increase / (Decrease) in Invested Capital
-6,187 2,127 1,792 1,802 -1,976 -1,619 -1,295 -287 1,927 1,628
Enterprise Value (EV)
4,481 4,442 4,174 4,569 4,192 4,936 4,840 4,237 5,095 4,760
Market Capitalization
414 519 509 674 549 1,130 837 534 888 667
Book Value per Share
$1.59 $1.38 $1.28 $1.22 $1.19 $1.10 $1.00 $0.91 $0.96 $0.83
Tangible Book Value per Share
$1.59 $1.38 $1.28 $1.22 $1.19 $1.10 $1.00 $0.91 $0.96 $0.83
Total Capital
5,892 5,357 4,975 5,083 4,873 4,926 5,021 4,767 5,115 4,911
Total Debt
4,813 4,436 4,134 4,286 4,104 4,221 4,383 4,189 4,523 4,404
Total Long-Term Debt
4,813 4,436 4,134 4,286 4,104 4,221 4,383 4,189 4,523 4,404
Net Debt
3,488 3,435 3,228 3,487 3,253 3,455 3,688 3,419 3,927 3,859
Capital Expenditures (CapEx)
8.77 5.60 6.28 5.27 4.77 4.30 4.76 7.43 7.28 6.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-492 -489 -210 -209 1,184 1,050 1,237 -375 -382 -379
Debt-free Net Working Capital (DFNWC)
813 492 678 571 2,016 1,796 1,915 256 197 148
Net Working Capital (NWC)
813 492 678 571 2,016 1,796 1,915 256 197 148
Net Nonoperating Expense (NNE)
81 148 73 58 57 143 66 79 71 157
Net Nonoperating Obligations (NNO)
3,488 3,435 3,228 3,487 1,822 2,033 2,136 3,419 3,927 3,859
Total Depreciation and Amortization (D&A)
21 16 15 16 16 16 14 15 18 17
Debt-free, Cash-free Net Working Capital to Revenue
-22.72% -31.99% -18.30% -18.80% 107.24% 86.37% 118.22% -36.09% -35.04% -28.05%
Debt-free Net Working Capital to Revenue
37.49% 32.19% 58.98% 51.35% 182.60% 147.72% 183.03% 24.61% 18.10% 10.93%
Net Working Capital to Revenue
37.49% 32.19% 58.98% 51.35% 182.60% 147.72% 183.03% 24.61% 18.10% 10.93%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.37) ($0.47) ($0.25) ($0.13) ($0.09) ($0.16) ($0.19) ($0.18) $0.01 ($0.17)
Adjusted Weighted Average Basic Shares Outstanding
162.46M 156.03M 170.81M 173.91M 175.96M 174.91M 181.41M 182.32M 185.39M 185.64M
Adjusted Diluted Earnings per Share
($0.37) ($0.47) ($0.25) ($0.13) ($0.09) ($0.16) ($0.19) ($0.18) $0.01 ($0.17)
Adjusted Weighted Average Diluted Shares Outstanding
162.46M 156.03M 170.81M 173.91M 175.96M 174.91M 324.68M 182.32M 332.53M 185.64M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
314.43M 316.46M 317.90M 319.42M 321.07M 323.09M 323.59M 325.15M 327.00M 328.28M
Normalized Net Operating Profit after Tax (NOPAT)
-57 -10 -18 8.51 23 83 -5.76 14 74 89
Normalized NOPAT Margin
-20.69% -2.82% -8.78% 3.13% 8.69% 17.64% -2.59% 5.09% 23.54% 16.21%
Pre Tax Income Margin
-58.69% -48.55% -51.27% -21.45% -14.86% -15.72% -38.23% -29.07% 1.14% -15.30%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-2.89 -0.13 -2.85 -0.82 -0.07 0.64 -1.69 -1.16 1.09 0.63
NOPAT to Interest Expense
-1.37 -0.07 -0.66 0.27 0.63 0.40 -0.18 0.38 1.88 0.39
EBIT Less CapEx to Interest Expense
-3.10 -0.17 -3.08 -0.99 -0.20 0.62 -1.84 -1.37 0.91 0.60
NOPAT Less CapEx to Interest Expense
-1.58 -0.10 -0.89 0.10 0.50 0.38 -0.33 0.17 1.69 0.36
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-37.19% -19.61% -14.82% -1.39% -1.50% -2.63% -2.93% -2.09% -3.47% -3.52%
Augmented Payout Ratio
-37.19% -19.61% -14.82% -1.39% -1.50% -2.63% -2.93% -2.09% -3.47% -3.52%

Frequently Asked Questions About loanDepot's Financials

When does loanDepot's fiscal year end?

According to the most recent income statement we have on file, loanDepot's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has loanDepot's net income changed over the last 2 years?

loanDepot's net income appears to be on a downward trend, with a most recent value of -$202.15 million in 2024, falling from -$610.39 million in 2022. The previous period was -$235.51 million in 2023.

What is loanDepot's operating income?
loanDepot's total operating income in 2024 was $238.02 million, based on the following breakdown:
  • Total Gross Profit: $752.07 million
  • Total Operating Expenses: $514.05 million
How has loanDepot revenue changed over the last 2 years?

Over the last 2 years, loanDepot's total revenue changed from $1.53 billion in 2022 to $1.35 billion in 2024, a change of -11.5%.

How much debt does loanDepot have?

loanDepot's total liabilities were at $5.84 billion at the end of 2024, a 7.2% increase from 2023, and a 2.6% increase since 2022.

How much cash does loanDepot have?

In the past 2 years, loanDepot's cash and equivalents has ranged from $421.58 million in 2024 to $863.96 million in 2022, and is currently $421.58 million as of their latest financial filing in 2024.

How has loanDepot's book value per share changed over the last 2 years?

Over the last 2 years, loanDepot's book value per share changed from 1.38 in 2022 to 0.83 in 2024, a change of -39.5%.



This page (NYSE:LDI) was last updated on 4/24/2025 by MarketBeat.com Staff
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