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Ladder Capital LADR Carmel, IN — Intangibles

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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
Office in Rockville, MD$6,302$12,937$3,439$6,301$12,962$3,439$22,702$(501)09/29/25200735 years
Office in Carmel, IN12,79422,8277,07435912,79323,2577,07443,124(2,691)04/30/25198314 years
Office in Oakland, CA1,5006,0002,8894,6117,500(139)09/27/24192842 years
Retail in New York, NY8,89613,7501,3218,89615,07223,968(720)12/21/23198540 years
Multifamily in Pittsburgh, PA7,14126,2221,1167,14127,0181,12235,281(3,367)11/01/23196637 years
Multifamily in New York, NY15,82413,5121,13515,82413,7601,01930,603(2,355)09/19/23192120 years
Office in Houston, TX8266,3222,3802,9038269,2262,38012,432(4,535)11/01/22198328 years
Retail in New York, NY2,4345,4822,4346,1788,612(852)02/11/22201928 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's carmel, IN — intangibles?
Ladder Capital (LADR) reported carmel, IN — intangibles of $7.07M in Q4 2025.
What does carmel, IN — intangibles mean?
Intangibles in a real estate context typically include lease-in-place values, brand recognition, or favorable contract terms associated with a property acquisition. These assets are recorded at fair value upon acquisition and amortized over their useful lives. They represent non-physical value drivers that contribute to the property's overall income-generating potential.

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