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Ladder Capital LADR Lebanon, MI — Intangibles

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REFIMI — Outstanding Principal
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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 Kerrville, TX1868492001868492001,235(396)08/28/15201535 years
Retail Property in Floresville, TX2688282162688282161,312(401)08/28/15201535 years
Retail Property in Minot, ND1,8564,4726181,8564,4726186,946(1,569)08/19/15201238 years
Retail Property in Lebanon, MI3597241783597241781,261(281)08/14/15201540 years
Retail Property in Effingham County, IL2737742052737742051,252(324)08/10/15201540 years
Retail Property in Ponce, Puerto Rico1,3656,6621,3181,3656,6621,3189,345(2,375)08/03/15201237 years
Retail Property in Tremont, IL1648601681648601681,192(344)06/25/15201535 years
Retail Property in Pleasanton, TX3118502163118502161,377(399)06/24/15201535 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's lebanon, MI — intangibles?
Ladder Capital (LADR) reported lebanon, MI — intangibles of $178K in Q4 2025.
What does lebanon, MI — intangibles mean?
This metric captures the value of non-physical assets associated with properties in the Lebanon, Michigan segment, such as in-place lease values or favorable leasehold interests. These assets are recognized during business combinations or acquisitions and are amortized over time. It provides insight into the premium paid for operational advantages beyond the physical real estate.

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