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Ladder Capital LADR Battle Lake, MN — Intangibles

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EXRMN — Debt
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EXRMN — Accumulated Depreciation
$14.3M+18.0%
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EXRMN — Store Count
1.80.0%
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PSASalt Lake City — Encumbrances
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Other financials

Income statement

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Revenue$30.9M+19.9%
Net income$14.6M-14.9%
EPS (diluted)$0.12-14.3%

Balance sheet

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Cash & equivalents$37.6M-72.1%
Total debt$13.3M-17.3%
Total equity$1.4B-4.9%
Total assets$5.6B+25.8%

Cash flow

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Operating cash flow$39.3M-10.8%
CapEx$743.0K-14.8%
Free cash flow$39.3M-9.5%

Valuation

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Market cap$1.21B-13.6%
Enterprise value$1.19B-7.5%
P/E23.2×+7.2×
P/S11×-3.6×

Profitability

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Net margin47.5%-43.5pp
FCF margin86.8%

Returns & leverage

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Return on equity3.6%-2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Ladder Capital in its filing.

Tagged under the XBRL concept ladr:SECScheduleIIIRealEstateAndAccumulatedDepreciationCarryingAmountOfIntangibles.

The source filing: Ladder Capital’s 10-K, filed February 9, 2026.

Filed
Feb 9, 2026, 8:35 AM EST
Fiscal year
FY2025
Accession
0001577670-26-000011
DescriptionEncumbrancesInitial Cost to Company / LandInitial Cost to Company / BuildingInitial Cost to Company / IntangiblesCosts Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of Period / LandGross Amount at which Carried at Close of Period / BuildingGross Amount at which Carried at Close of Period / IntangiblesGross Amount at which Carried at Close of Period / TotalAccumulated Depreciation and AmortizationDate AcquiredYear BuiltLife on which Depreciation in Latest Statement of Income is Computed
Retail Property in Zapata, TX62998145629981451,205(507)05/07/15201535 years
Retail Property in St. Francis, MN1059111631059111631,179(491)03/26/15201435 years
Retail Property in Yorktown, TX971,005199971,0051991,301(531)03/25/15201535 years
Retail Property in Battle Lake, MN1368751571368751571,168(512)03/25/15201430 years
Retail Property in Paynesville, MN2468161922468161921,254(425)03/05/15201540 years
Retail Property in Wheaton, MO73800977380097970(359)03/05/15201540 years
Retail Property in Rotterdam, NY9,0232,5307,9242,1652,5307,9242,16512,619(6,811)03/03/15199620 years
Retail Property in Hilliard, OH6544,8708606544,8708606,384(1,962)03/02/15200741 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's battle lake, MN — intangibles?
Ladder Capital (LADR) reported battle lake, MN — intangibles of $157K in Q4 2025.
What does battle lake, MN — intangibles mean?
This metric captures the value of non-physical assets associated with the Battle Lake, Minnesota real estate portfolio, such as leasehold interests, brand value, or favorable contract terms. These assets are typically amortized over their useful lives and represent strategic value beyond the physical property. It helps investors gauge the intangible competitive advantages held in this specific market.

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