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Companies / Financials / Ladder Capital Corp
LADR

Ladder Capital Corp

Ticker LADRNEW YORK, NYFiscal year ends DecemberBook value per share $11.67Diluted shares 125.4M

Ladder Capital Corp (NYSE: LADR) is an internally managed real estate investment trust that originates and invests in commercial real estate and related assets, with an emphasis on senior-secured investments. Its lending includes first mortgage loans on commercial properties, including transitional properties and… From the company’s description.

In fiscal 2025, Ladder Capital Corp reported revenue of $99.31M, up 0.6% from fiscal 2024, and net income of $63.70M. Operations generated $87.02M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$99.31MFY2025
+0.6% year over year
0.00%FY2025
$63.70MFY2025
−40.7% year over year
Last 12 mo $98.91M
4.33%FY2025
−2.7 percentage points
Last 12 mo 6.76%
Cash & financing
$87.02MFY2025
−35.0% year over year
Last 12 mo $87.68M
$78.68MFY2025
−38.3% year over year
Last 12 mo $78.51M
2.37FY2025
Was 2.04× a year earlier
Last 12 mo 2.97
126.2MFY2025
+0.3% year over year
Last 12 mo 125.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ladder Capital Corp does

In the company’s own words

Ladder Capital Corp (NYSE: LADR) is an internally managed real estate investment trust that originates and invests in commercial real estate and related assets, with an emphasis on senior-secured investments. Its lending includes first mortgage loans on commercial properties, including transitional properties and stabilized properties intended for commercial mortgage-backed securities securitizations. The company also owns and operates commercial real estate, including net-leased properties, and invests primarily in investment-grade commercial mortgage-backed securities secured by first mortgage loans. Its borrowers include commercial property owners, operators, developers and investors; tenants lease its owned properties. Ladder’s activities span balance-sheet and conduit lending, securities investments, and real estate investments. At December 31, 2025, it held 73 balance-sheet first mortgage loans with a $2.2 billion book value, a $2.1 billion fair-value portfolio of commercial mortgage-backed securities, and 205 commercial real estate properties. Founded in 2008, Ladder completed its initial public offering in 2014. Its website is www.laddercapital.com.

Company details
Sector
Financials
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1577670
SIC
6798

Financial performance, year by year

Fiscal 2014–2025 · USD
$-43.35M$58.32M$160.00M$261.67M$363.35M201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ladder Capital Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

167
funds hold it
0 of 35
superinvestors hold it
$358.70M
held by funds, at market
28.3%
of shares held by funds
4
bond issues held by funds

Largest fund holders · Ladder Capital Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
PGIM Jennison Small Company Fund
PGOAX · Prudential Jennison Small Co Fund, Inc.
0.71%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Ladder Capital Corp’s bonds, as funds hold them

Funds report holding 4 issues of Ladder Capital Corp’s debt, $325.00M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.48%, maturing 2027 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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