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Ladder Capital (Ladder Capital) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Ladder Capital Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ladder Capital does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Ladder Capital's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Ladder Capital was 40.78. The lowest was 3.15. And the median was 9.73.


LADR's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.56
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Ladder Capital's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.15. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.81. It's PE Ratio ratio for today is 13.33.

Ladder Capital's EPS without NRI for the three months ended in Dec. 2023 was $0.15. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.77. It's PE Ratio without NRI ratio for today is 14.04.


Ladder Capital Owner Earnings per Share (TTM) Historical Data

The historical data trend for Ladder Capital's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ladder Capital Owner Earnings per Share (TTM) Chart

Ladder Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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Ladder Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ladder Capital's Owner Earnings per Share (TTM)

For the REIT - Mortgage subindustry, Ladder Capital's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ladder Capital's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ladder Capital's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Ladder Capital's Price-to-Owner-Earnings falls into.



Ladder Capital Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Ladder Capital does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Ladder Capital Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Ladder Capital's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Ladder Capital (Ladder Capital) Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 15th Floor, New York, NY, USA, 10154
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.
Executives
Paul J. Miceli officer: Chief Financial Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Anthony Vincent Esposito officer: Chief Accounting Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Pamela Mccormack officer: Chief Strategy Officer & GC 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Brian Harris director, officer: Chief Executive Officer 600 LEXINGTON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Kelly Amanda Porcella officer: General Counsel C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Kevin Moclair officer: Chief Accounting Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Robert Perelman officer: Head of Asset Management 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Marc Fox officer: Chief Financial Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Mark David Alexander director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, NEW YORK NY 10154
David Alan Weiner director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Jeffrey B Steiner director 15 WEST 63RD STREET, NEW YORK NY 10023
Thomas Harney officer: Head-Merchant Banking & Cap Mk 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Alan H Fishman director, Chairman ONE METROTECH CENTER, BROOKLYN NY 11201
Gi Partners Fund Iii Lp director, 10 percent owner 2180 SAND HILL ROAD, SUITE 210, MENLO PARK CA 94025
Towerbrook Investor Ii Executive Fund L P 10 percent owner 430 PARK AVE 6TH FL, NEW YORK NY 10022

Ladder Capital (Ladder Capital) Headlines