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Ladder Capital LADR Wheeler, TX — 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 Pleasanton, TX3118502163118502161,377(399)06/24/15201535 years
Retail Property in Peoria, IL1809341791809341791,293(374)06/24/15201535 years
Retail Property in Bridgeport, IL1928741751928741751,241(348)06/24/15201535 years
Retail Property in Warren, MN1088251571088251571,090(398)06/24/15201530 years
Retail Property in Canyon Lake, TX2919322202919322201,443(415)06/18/15201535 years
Retail Property in Wheeler, TX53887188538871881,128(394)06/18/15201535 years
Retail Property in Aurora, MN621126709157126709157992(283)06/18/15201540 years
Retail Property in Red Oak, IA1908391791908391791,208(408)05/07/15201435 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's wheeler, TX — intangibles?
Ladder Capital (LADR) reported wheeler, TX — intangibles of $188K in Q4 2025.
What does wheeler, TX — intangibles mean?
This metric captures the value of non-physical assets associated with properties in the Wheeler, Texas segment, such as in-place lease values, above-market lease premiums, or tenant relationships. These assets are typically recognized during property acquisitions and are amortized over their respective useful lives. It provides insight into the premium value generated beyond the physical real estate.

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