LADR Ladder Capital Corp

Overview and Growth

In fiscal 2016, Ladder Capital Corp reported net income of $66.73M. Diluted earnings per share were $1.06, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 25.4% decrease from fiscal 2015 diluted EPS of $1.42. Diluted shares averaged 107.64M; this is the reported share base over which the company’s diluted per-share earnings were spread. The diluted share count was 107.5% higher than fiscal 2015, when diluted shares averaged 51.87M, adding context to the EPS comparison. The company employed $5.58B of total assets, the balance-sheet base supporting its current operating and cash-flow results.

Profitability

After all reported below-operating-line items, the company recorded net income of $66.73M for the fiscal year. Pretax income was $120.04M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The company recognized $6.32M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 5.3% of pretax income, showing the tax burden absorbed by the year’s earnings. Net income equaled 4.4% of period-end equity, showing the earnings generated on shareholders’ book capital. The net-income-to-assets relationship measured 1.2%, showing earnings relative to the full balance sheet. Current net income of $66.73M was below fiscal 2015 net income of $73.82M, showing the direction of the bottom-line change.

Liquidity and Capital Structure

Total assets were $5.58B, supported by $4.07B of liabilities and $1.51B of shareholder equity. Reported cash and equivalents were $44.62M, separating immediately recognizable cash resources from the rest of the current-asset base. Equity equaled 27.1% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 72.9% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 0.8% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 5.4% lower than fiscal 2015 assets of $5.90B, measuring the company’s own balance-sheet change. Reported equity changed 1.2% from $1.49B in fiscal 2015, placing the current capital base higher year over year. Cash and equivalents were 59.1% lower than fiscal 2015 cash of $108.96M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $338.43M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 5.07x, comparing cash generated by operations with the bottom-line earnings result. Operations shifted from absorbing $38.31M in fiscal 2015 to generating $338.43M of cash.

Based on the annual report for the fiscal year ending Dec 31, 2016. Analysis generated Sep 24, 2026.