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Ladder Capital (Ladder Capital) ROA % : 1.40% (As of Dec. 2023)


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What is Ladder Capital ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ladder Capital's annualized Net Income for the quarter that ended in Dec. 2023 was $76.9 Mil. Ladder Capital's average Total Assets over the quarter that ended in Dec. 2023 was $5,507.9 Mil. Therefore, Ladder Capital's annualized ROA % for the quarter that ended in Dec. 2023 was 1.40%.

The historical rank and industry rank for Ladder Capital's ROA % or its related term are showing as below:

LADR' s ROA % Range Over the Past 10 Years
Min: -0.23   Med: 1.45   Max: 2.93
Current: 1.71

During the past 13 years, Ladder Capital's highest ROA % was 2.93%. The lowest was -0.23%. And the median was 1.45%.

LADR's ROA % is ranked worse than
54.43% of 801 companies
in the REITs industry
Industry Median: 2.15 vs LADR: 1.71

Ladder Capital ROA % Historical Data

The historical data trend for Ladder Capital's ROA % 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 ROA % Chart

Ladder Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 -0.23 0.96 2.41 1.76

Ladder Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROA % 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 1.52 1.96 2.25 1.40 1.23

Competitive Comparison of Ladder Capital's ROA %

For the REIT - Mortgage subindustry, Ladder Capital's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ladder Capital's ROA % distribution charts can be found below:

* The bar in red indicates where Ladder Capital's ROA % falls into.



Ladder Capital ROA % Calculation

Ladder Capital's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=101.125/( (5951.173+5512.677)/ 2 )
=101.125/5731.925
=1.76 %

Ladder Capital's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=76.944/( (5503.142+5512.677)/ 2 )
=76.944/5507.9095
=1.40 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Ladder Capital  (NYSE:LADR) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=76.944/5507.9095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(76.944 / 232.7)*(232.7 / 5507.9095)
=Net Margin %*Asset Turnover
=33.07 %*0.0422
=1.40 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Ladder Capital ROA % Related Terms

Thank you for viewing the detailed overview of Ladder Capital's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ladder Capital (Ladder Capital) Business Description

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