LendingTree TREE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 96.3%+0.2pp | 96.2%+0.2pp | 96.2%+0.6pp | 96.1%+1.0pp | 96.1%+1.4pp | |
| Operating margin | 8.6%+5.4pp | 5.8%+0.8pp | 5.7%+2.3pp | 4.1%+6.7pp | 3.1%+6.3pp | |
| Net margin | 15%— | 13.5%— | —— | —— | —— | |
| Returns | ||||||
| Return on equity | 88.6%— | 76.5%— | —— | —— | —— | |
| Return on invested capital | 17.1%+12.0pp | 10.9%+3.2pp | 11.4%+7.0pp | 7.1%+9.5pp | 5.2%+8.0pp | |
| Efficiency | ||||||
| Asset turnover | 1.5×+0.3× | 1.4×+0.2× | 1.4×+0.4× | 1.2×+0.5× | 1.1×+0.5× | |
| Liquidity | ||||||
| Current ratio | 1.9×+0.7× | 1.7×+0.7× | 1.4×+0.5× | 1.2×-0.6× | 1.2×-2.5× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×-4.0× | 1.5×-3.5× | 3.4×-2.4× | 4.8×+0.9× | 5.5×-0.1× | |
| Net debt / EBITDA | 3×-6.2× | 4.4×-2.5× | 4.9×-5.1× | 7×-343× | 9.1×— | |
| Per Share | ||||||
| Book value per share | $21.56+179% | $20.40+149% | $9.47+34.0% | $8.65-20.4% | $7.72-22.1% | |
| Valuation | ||||||
| Market capitalization | $531.89M+12.7% | $725.78M+40.2% | $881.63M+14.6% | $494.98M-9.1% | $673.3M+21.4% | |
| Price / earnings | 2.9×— | 4.8×— | —— | —— | —— | |
| Price / sales | 0.4×0.0× | 0.6×+0.1× | 0.8×-0.2× | 0.5×-0.3× | 0.7×-0.2× | |
| Price / book | 1.7×-2.8× | 2.5×-2.2× | 6.7×-1.5× | 4.2×+0.5× | 6.5×+2.3× | |
| EV / EBITDA | 7.4×-11.5× | 13.3×-1.8× | 16.3×-10.8× | 15.3×-720× | 23.1×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are LendingTree's profit margins?
- LendingTree (TREE) runs a 96.3% gross margin and a 8.6% operating margin, with a 15.0% net margin.
- Where do LendingTree's ratios come from?
- Every ratio is computed from LendingTree's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
