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TREE (LendingTree) Operating Income : $48.9 Mil (TTM As of Dec. 2024)


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What is LendingTree Operating Income?

LendingTree's Operating Income for the three months ended in Dec. 2024 was $18.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was $48.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. LendingTree's Operating Income for the three months ended in Dec. 2024 was $18.0 Mil. LendingTree's Revenue for the three months ended in Dec. 2024 was $261.5 Mil. Therefore, LendingTree's Operating Margin % for the quarter that ended in Dec. 2024 was 6.87%.

LendingTree's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LendingTree's annualized ROC % for the quarter that ended in Dec. 2024 was 8.43%. LendingTree's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 62.31%.


LendingTree Operating Income Historical Data

The historical data trend for LendingTree's Operating Income 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.

LendingTree Operating Income Chart

LendingTree Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.92 0.23 -28.35 8.50 48.93

LendingTree Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Operating Income 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 -0.03 7.24 9.78 13.96 17.96

LendingTree Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.9 Mil.

* 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.


LendingTree  (NAS:TREE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

LendingTree's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=71.828 * ( 1 - 17.82% )/( (699.554 + 700.636)/ 2 )
=59.0282504/700.095
=8.43 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=787.164 - 108.091 - ( 96.788 - max(0, 272.188 - 251.707+96.788))
=699.554

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=767.674 - 69.052 - ( 106.594 - max(0, 240.476 - 238.462+106.594))
=700.636

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

LendingTree's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=71.828/( ( (98.419 + max(14.675, 0)) + (95.337 + max(22.122, 0)) )/ 2 )
=71.828/( ( 113.094 + 117.459 )/ 2 )
=71.828/115.2765
=62.31 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.257 + 0 + 29.662) - (108.091 + 7.1 + 25.053)
=14.675

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.79 + 0 + 34.078) - (69.052 + 7.673 + 33.021)
=22.122

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

LendingTree's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=17.957/261.522
=6.87 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


LendingTree Operating Income Related Terms

Thank you for viewing the detailed overview of LendingTree's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


LendingTree Business Description

Traded in Other Exchanges
Address
1415 Vantage Park Drive, Suite 700, Charlotte, NC, USA, 28203
LendingTree Inc. is a U.S.-based company that mainly operates an online loan marketplace. The company offers online tools and resources to help consumers find loans or other credit-based products, including mortgage loans, reverse mortgages, home equity loans, personal loans, auto loans, credit cards, student loans, small business loans, and various related products. It provides consumers with direct access to a wide array of lenders. The company has three reportable segments: Home, Consumer, and Insurance. It generates match fees by connecting consumers with lenders and closing fees from lenders when a transaction is finalized. The company conducts business solely in the United States.
Executives
Scott Peyree officer: President, Insurance 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
Douglas R Lebda director, officer: Chairman & CEO 6701 CARMEL RD, SUITE 205, CHARLOTTE NC 28226
Scott V. Totman officer: Chief Technology Officer 1415 VANTAGE PARK DR., SUITE 700, CHARLOTTE NC 28203
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Steven Ozonian director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Gabriel Dalporto director 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Trent Ziegler officer: Chief Financial Officer 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
Jill Olmstead officer: Chief Human Resources Officer BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Shiv Singh officer: Chief Marketing Office C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Carla Shumate officer: Chief Accounting Officer 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Neil Salvage officer: President 11115 RUSHMORE DR, CHARLOTTE NC 28277
Robin Henderson director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Lisa M. Young officer: General Counsel C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604