LendingTree TREE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 96.3%+0.1pp | 96.2%0.0pp | 96.2%0.0pp | 96.1%0.0pp | 96.1%+0.2pp | |
| Operating margin | 8.6%+2.8pp | 5.8%+0.1pp | 5.7%+1.6pp | 4.1%+1.0pp | 3.1%-1.8pp | |
| Net margin | 15%+1.5pp | 13.5%— | —— | —— | —— | |
| EBITDA margin | 9.9%+2.6pp | 7.3%0.0pp | 7.3%+1.5pp | 5.9%+0.9pp | 5%-2.0pp | |
| Free cash flow margin | 6.1%+0.6pp | 5.4%-0.3pp | 5.7%-1.9pp | 7.6%+3.1pp | 4.6%-1.1pp | |
| Returns | ||||||
| Return on equity | 88.6%+12.1pp | 76.5%— | —— | —— | —— | |
| Return on assets | 22.1%+3.4pp | 18.6%— | —— | —— | —— | |
| Return on invested capital | 17.1%+6.3pp | 10.9%-0.5pp | 11.4%+4.3pp | 7.1%+1.9pp | 5.2%-2.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.5×+0.1× | 1.4×0.0× | 1.4×+0.1× | 1.2×+0.1× | 1.1×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.9×+0.2× | 1.7×+0.2× | 1.4×+0.2× | 1.2×0.0× | 1.2×+0.2× | |
| Quick ratio | 1.9×+0.2× | 1.7×+0.2× | 1.4×+0.2× | 1.2×0.0× | 1.2×+0.2× | |
| Cash ratio | 0.7×+0.1× | 0.6×+0.2× | 0.4×-0.2× | 0.6×0.0× | 0.6×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×-0.1× | 1.5×-1.9× | 3.4×-1.4× | 4.8×-0.7× | 5.5×+0.5× | |
| Debt-to-assets | 0.5×0.0× | 0.5×-0.1× | 0.6×-0.1× | 0.7×-0.1× | 0.7×0.0× | |
| Net debt / EBITDA | 3×-1.5× | 4.4×-0.5× | 4.9×-2.1× | 7×-2.1× | 9.1×+2.2× | |
| Per Share | ||||||
| Book value per share | $21.56+5.7% | $20.40+115% | $9.47+9.4% | $8.65+12.1% | $7.72-5.9% | |
| Valuation | ||||||
| Market capitalization | $531.89M+12.7% | $725.78M-17.7% | $881.63M+78.1% | $494.98M-26.5% | $673.3M+30.0% | |
| Enterprise value | $884.22M-3.1% | $1.08B-14.1% | $1.26B+38.9% | $909.31M-18.4% | $1.11B+16.6% | |
| Price / earnings | 2.9×— | 4.8×— | —— | —— | —— | |
| Price / sales | 0.4×0.0× | 0.6×-0.2× | 0.8×+0.3× | 0.5×-0.2× | 0.7×+0.1× | |
| Price / book | 1.7×-2.8× | 2.5×-4.1× | 6.7×+2.5× | 4.2×-2.3× | 6.5×+1.7× | |
| EV / EBITDA | 7.4×-11.5× | 13.3×-3.0× | 16.3×+0.9× | 15.3×-7.7× | 23.1×+7.9× | |
| EV / sales | 0.7×-0.2× | 1×-0.2× | 1.2×+0.3× | 0.9×-0.2× | 1.1×+0.1× | |
| Free cash flow yield | 13.7%+4.3pp | 8.4%+1.5pp | 6.9%-8.8pp | 15.6%+9.0pp | 6.6%-3.3pp | |
| Earnings yield | 34%— | 20.8%— | —— | —— | —— |
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.
