NYSE : LDI
loanDepot, Inc. — Financial statements
Financials · Mortgage Finance · United States
Last price 0.5984 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 202.35M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 161.86M | 158.80M | 146.49M | 133.26M | 200.20M | 262.48M |
| Total Interest Expense | 324.46M | 323.74M | 335.88M | 304.25M | 274.96M | 298.02M |
| Net Interest Income | -162.60M | -164.94M | -189.39M | -170.99M | -74.75M | -35.54M |
| Commissions and Fees | 445.43M | 437.20M | 481.70M | 492.81M | 449.15M | 393.68M |
| Gain (Loss) on Sale of Loans & Receivables | 769.95M | 742.39M | 642.08M | 524.52M | 748.54M | 3.21B |
| Other Revenue | 51.91M | 81.75M | -31.03M | 24.86M | -249.89M | 74.38M |
| Revenue Before Loan Losses | 1.26B | 1.23B | 985.65M | 936.42M | 1.00B | 4.01B |
| Revenue | 1.26B | 1.23B | 985.65M | 936.42M | 1.00B | 4.01B |
| Salaries & Employee Benefits | 693.34M | 641.52M | 600.48M | 573.01M | 1.03B | 1.93B |
| Cost of Services Provided | 475.51M | 472.32M | 477.94M | 463.96M | 711.77M | 1.01B |
| Other Operating Expenses | 174.58M | 213.27M | 103.47M | 146.98M | -132.62M | 353.23M |
| Total Operating Expenses | 1.37B | 1.35B | 1.22B | 1.23B | 1.65B | 3.33B |
| Operating Income | -107.35M | -125.22M | -232.36M | -288.79M | -645.58M | 676.28M |
| EBT Excluding Unusual Items | -107.35M | -125.22M | -232.36M | -288.79M | -645.58M | 676.28M |
| Impairment of Goodwill | -40.74M | |||||
| Pretax Income | -103.82M | -120.53M | -242.85M | -278.31M | -689.98M | 666.52M |
| Income Tax Expense | -698.00K | -13.00M | -40.70M | -42.80M | -79.59M | 43.37M |
| Earnings From Continuing Ops. | -103.12M | -107.53M | -202.15M | -235.51M | -610.38M | 623.15M |
| Minority Interest in Earnings | 33.74M | 44.88M | 103.82M | 125.37M | 337.37M | -509.62M |
| Net Income | -69.38M | -62.65M | -98.33M | -110.14M | -273.02M | 113.52M |
| Net Income to Common | -69.38M | -62.65M | -98.33M | -110.14M | -273.02M | 113.52M |
| Shares Outstanding (Basic) | 223.98M | 211.02M | 185.64M | 174.91M | 156.03M | 130.00M |
| Shares Outstanding (Diluted) | 223.98M | 211.02M | 185.64M | 174.91M | 156.03M | 130.00M |
| EPS (Basic) | -0.31 | -0.30 | -0.53 | -0.63 | -1.75 | 0.87 |
| EPS (Diluted) | -0.31 | -0.30 | -0.53 | -0.63 | -1.75 | 0.87 |
| Free Cash Flow | -282.36M | -734.61M | -884.69M | -194.83M | 4.42B | -1.52B |
| Free Cash Flow Per Share | -1.26 | -3.48 | -4.77 | -1.11 | 28.31 | -11.69 |
| Dividend Per Share | 0.08 | 0.24 | ||||
| Operating Margin | -8.52% | -10.20% | -23.57% | -30.84% | -64.38% | 16.87% |
| Profit Margin | -5.50% | -5.10% | -9.98% | -11.76% | -27.23% | 2.83% |
| Free Cash Flow Margin | -22.40% | -59.82% | -89.76% | -20.81% | 440.53% | -37.92% |
| Effective Tax Rate | 6.51% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 229.13M | 337.23M | 421.58M | 660.71M | 863.96M | 419.57M |
| Long-Term Investments | 18.18M | 18.25M | 18.11M | 20.36M | 20.41M | 18.55M |
| Trading Asset Securities | 141.23M | 128.00M | 131.85M | 186.47M | 133.65M | 267.54M |
| Loans & Lease Receivables | 1.51B | 1.20B | 1.13B | 720.78M | 653.53M | 382.89M |
| Other Receivables | 16.41M | 35.49M | 67.41M | 108.21M | 36.67M | |
| Property, Plant & Equipment | 91.44M | 65.42M | 54.48M | 57.98M | 76.91M | 147.58M |
| Goodwill | 40.74M | |||||
| Other Intangible Assets | 1.78B | 1.68B | 1.66B | 2.04B | 2.09B | 2.02B |
| Restricted Cash | 70.72M | 63.79M | 105.64M | 85.15M | 116.55M | 201.03M |
| Other Current Assets | 36.37M | 28.91M | 27.48M | 41.32M | 140.31M | |
| Long-Term Deferred Tax Assets | 2.39M | 1.98M | 941.00K | |||
| Other Long-Term Assets | 215.01M | 144.95M | 151.97M | 147.83M | 131.93M | |
| Total Assets | 6.70B | 6.86B | 6.34B | 6.15B | 6.61B | 11.81B |
| Accounts Payable | 301.26M | 112.75M | 116.09M | 108.64M | 139.71M | 136.62M |
| Accrued Expenses | 77.33M | 74.18M | 69.69M | 78.38M | 154.15M | |
| Short-Term Debt | 1.41B | 1.09B | 1.02B | 796.33M | 702.17M | 401.17M |
| Current Portion of Long-Term Debt | 1.64B | 2.60B | 500.00M | 295.06M | 863.52M | |
| Current Portion of Leases | 15.83M | 15.10M | ||||
| Long-Term Debt | 2.93B | 2.40B | 4.40B | 3.72B | 4.14B | 8.22B |
| Long-Term Leases | 18.96M | 19.53M | 33.19M | 49.19M | 61.67M | 71.93M |
| Current Income Taxes Payable | 23.00K | 943.00K | 12.82M | |||
| Other Current Liabilities | 109.14M | 80.88M | 60.18M | 57.86M | 70.92M | |
| Long-Term Deferred Tax Liabilities | 4.37M | 25.33M | 80.17M | 122.40M | 193.02M | |
| Other Long-Term Liabilities | 45.38M | 45.73M | 82.96M | 60.35M | 90.34M | 56.91M |
| Total Liabilities | 6.36B | 6.47B | 5.84B | 5.45B | 5.69B | 10.18B |
| Common Stock | 348.00K | 343.00K | 332.00K | 325.00K | 317.00K | 312.00K |
| Additional Paid-In Capital | 888.98M | 878.20M | 843.52M | 821.05M | 788.60M | 565.07M |
| Retained Earnings | -656.24M | -614.40M | -550.62M | -451.71M | -342.14M | -28.98M |
| Total Common Equity | 201.03M | 234.51M | 272.89M | 353.18M | 433.50M | 523.56M |
| Minority Interest | 132.01M | 151.50M | 233.72M | 351.30M | 487.97M | 1.11B |
| Shareholders' Equity | 333.05M | 386.01M | 506.61M | 704.48M | 921.47M | 1.63B |
| Total Liabilities & Equity | 6.70B | 6.86B | 6.34B | 6.15B | 6.61B | 11.81B |
| Total Debt | 6.02B | 6.12B | 5.46B | 5.07B | 5.20B | 9.56B |
| Net Cash (Debt) | -5.65B | -5.66B | -4.90B | -4.22B | -4.20B | -8.87B |
| Net Cash Per Share | -25.21 | -26.81 | -26.42 | -24.12 | -26.93 | -68.24 |
| Filing Date Shares Outstanding | 232.23M | 228.82M | 196.48M | 181.76M | 169.97M | 139.03M |
| Total Common Shares Outstanding | 232.06M | 226.62M | 196.12M | 181.05M | 169.52M | 137.29M |
| Working Capital | 1.22B | 948.72M | 3.16B | 2.35B | 3.02B | 7.95B |
| Book Value Per Share | 0.87 | 1.03 | 1.39 | 1.95 | 2.56 | 3.81 |
| Tangible Book Value | 201.03M | 214.13M | 245.86M | 310.92M | 381.85M | 468.91M |
| Tangible Book Value Per Share | 0.87 | 0.94 | 1.25 | 1.72 | 2.25 | 3.42 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -69.38M | -62.65M | -98.33M | -110.14M | -273.02M | 113.52M |
| Depreciation & Amortization | 13.45M | 15.71M | 19.21M | 27.72M | 42.57M | 46.65M |
| Other Amortization | 48.93M | 46.51M | 45.69M | 35.09M | 35.56M | 24.13M |
| Gain on Sale of Loans & Receivables | -776.91M | -776.25M | -575.11M | -568.13M | -1.02B | -3.53B |
| Loss (Gain) From Sale of Investments | 21.54M | 23.90M | 77.60M | 29.60M | 355.36M | 461.10M |
| Asset Writedown & Restructuring Costs | 40.74M | |||||
| Provision for Credit Losses | 12.48M | 9.35M | 102.00K | 8.56M | 151.21M | 18.40M |
| Loss (Gain) on Equity Investments | 5.73M | 5.12M | 15.93M | 18.97M | 12.13M | 11.75M |
| Stock-Based Compensation | 20.44M | 12.22M | 24.92M | 21.99M | 20.58M | 67.06M |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 412.01M | -64.11M | -275.75M | 483.37M | 5.98B | 638.86M |
| Change in Other Net Operating Assets | -70.13M | -38.23M | 35.11M | -16.69M | -161.49M | -73.77M |
| Other Operating Activities | 130.83M | 120.91M | -127.68M | -104.56M | -720.17M | 755.34M |
| Operating Cash Flow | -251.01M | -707.51M | -858.31M | -174.22M | 4.46B | -1.47B |
| Capital Expenditures | -31.35M | -27.10M | -26.39M | -20.61M | -43.21M | -54.12M |
| Sale (Purchase) of Intangibles | 26.61M | 35.84M | 508.21M | 180.69M | 703.81M | 349.53M |
| Investment in Securities | 5.76M | 5.78M | 6.11M | 5.58M | 7.16M | 1.37M |
| Investing Cash Flow | 1.02M | 14.51M | 487.94M | 165.66M | 667.76M | 296.78M |
| Long-Term Debt Issued | 24.64B | 23.44B | 20.92B | 60.14B | 155.79B | |
| Total Debt Issued | 28.69B | 24.64B | 23.44B | 20.92B | 60.14B | 155.79B |
| Long-Term Debt Repaid | -24.05B | -23.27B | -21.13B | -64.78B | -153.99B | |
| Total Debt Repaid | -28.61B | -24.05B | -23.27B | -21.13B | -64.78B | -153.99B |
| Net Debt Issued (Repaid) | 83.16M | 589.15M | 172.19M | -214.59M | -4.64B | 1.80B |
| Issuance of Common Stock | 6.97M | 5.93M | ||||
| Repurchase of Common Stock | -9.47M | -9.29M | -3.85M | -3.21M | -430.00K | -12.85M |
| Common Dividends Paid | -2.47M | -2.47M | -3.26M | -2.98M | -119.26M | -263.31M |
| Other Financing Activities | -6.45M | -16.52M | -13.34M | -5.31M | -5.82M | -21.18M |
| Financing Cash Flow | 71.73M | 566.80M | 151.74M | -226.09M | -4.77B | 1.30B |
| Net Cash Flow | -178.26M | -126.20M | -218.63M | -234.65M | 359.90M | 131.91M |
| Free Cash Flow | -282.36M | -734.61M | -884.69M | -194.83M | 4.42B | -1.52B |
| Free Cash Flow Margin | -22.40% | -59.82% | -89.76% | -20.81% | 440.53% | -37.92% |
| Free Cash Flow Per Share | -1.26 | -3.48 | -4.77 | -1.11 | 28.31 | -11.69 |
| Cash Interest Paid | 300.67M | 301.46M | 305.52M | 321.63M | 253.73M | 270.47M |
| Cash Income Tax Paid | -2.91M | 9.02M | -8.87M | 26.73M | 3.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 195.79M | 462.48M | 398.01M | 628.62M | 276.12M | 640.35M |
| PE Ratio | 5.64 | |||||
| PS Ratio | 0.16 | 0.38 | 0.40 | 0.67 | 0.28 | 0.16 |
| PB Ratio | 0.67 | 1.20 | 0.79 | 0.89 | 0.30 | 0.39 |
| P/FCF Ratio | 0.06 | |||||
| P/OCF Ratio | 0.06 | |||||
| Debt / Equity Ratio | 18.07 | 15.86 | 10.77 | 7.19 | 5.64 | 5.87 |
| Debt / FCF Ratio | 1.18 | |||||
| Net Debt / Equity Ratio | 16.95 | 14.66 | 9.68 | 5.99 | 4.56 | 5.45 |
| Net Debt / FCF Ratio | -20.00 | -7.70 | -5.54 | -21.66 | 0.95 | -5.84 |
| Quick Ratio | 0.56 | 0.42 | 1.33 | 1.06 | 1.38 | 0.68 |
| Current Ratio | 1.36 | 1.24 | 3.45 | 2.53 | 3.37 | 5.85 |
| Asset Turnover | 0.20 | 0.19 | 0.16 | 0.15 | 0.11 | 0.35 |
| Return on Equity (ROE) | -26.71% | -24.09% | -33.38% | -28.97% | -47.86% | 37.93% |
| Return on Assets (ROA) | -1.60% | -1.63% | -3.24% | -3.69% | -6.63% | 5.49% |
| Return on Invested Capital (ROIC) | -1.62% | -2.01% | -3.96% | -4.86% | -7.46% | 5.84% |
| Earnings Yield | -53.50% | -13.55% | -24.71% | -17.52% | -98.88% | 17.73% |
| FCF Yield | -144.22% | -158.84% | -222.28% | -30.99% | 1,599.83% | -237.34% |
| Dividend Yield | 4.91% | 5.15% | ||||
| Payout Ratio | 231.94% | |||||
| Buyback Yield / Dilution | -13.76% | -13.67% | -6.14% | -12.10% | -20.02% | -2.90% |
| Total Shareholder Return | -13.76% | -13.67% | -6.14% | -12.10% | -15.11% | 2.25% |