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Ladder Capital LADR Sullivan, IL — 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
Retail Property in Clinton, IN1,0342699542042699542041,427(191)11/22/19201944 years
Retail Property in Saginaw, MI950961,014210961,0142101,320(222)10/04/19201945 years
Retail Property in Rolla, MO9331101,0111881101,0111881,309(224)10/04/19201940 years
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

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's sullivan, IL — intangibles?
Ladder Capital (LADR) reported sullivan, IL — intangibles of $257K in Q4 2025.
What does sullivan, IL — intangibles mean?
The value of non-physical assets associated with the Sullivan, Illinois real estate portfolio, such as in-place lease values or favorable leasehold interests. These assets are recognized upon acquisition and are typically amortized over the life of the underlying lease or contract. This metric helps quantify the premium paid for operational advantages in this specific market.

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