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Ladder Capital LADR Hubbard Lake, MI — Intangibles

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EXRMI — Debt
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REFIMI — Outstanding Principal
$27.11M0.0%
ROC
ROCMI — Lease Payments
$98.56K+300%
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EXRMI — Accumulated Depreciation
$18.42M+18.7%
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EXRMI — Store Count
2.80.0%

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 Sullivan, IL1,1733409812573409812571,578(200)09/13/19201950 years
Retail Property in Becker, MN9321369221881369221881,246(182)09/13/19201955 years
Retail Property in Adrian, MO8571368841911368841911,211(191)09/13/19201945 years
Retail Property in Chillicothe, IL1,0232271,0472452271,0472451,519(218)09/05/19201950 years
Retail Property in Poseyville, IN8661609471941609471941,301(202)08/13/19201944 years
Retail Property in Dexter, MO8691418901771418901771,208(195)07/09/19201940 years
Retail Property in Hubbard Lake, MI910401,017203401,0172031,260(226)07/09/19201940 years
Retail Property in Fayette, MO1,0801071,1682191071,1682191,494(259)06/26/19201940 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's hubbard lake, MI — intangibles?
Ladder Capital (LADR) reported hubbard lake, MI — intangibles of $203K in Q4 2025.
What does hubbard lake, MI — intangibles mean?
The value of non-physical assets associated with the Hubbard Lake, MI property, such as favorable lease agreements, brand value, or permits. These assets are recognized separately from the tangible real estate components.

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