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How Artificial Intelligence (AI) is Undeniably Reshaping The Landscape of The Mortgage Industry
Wed 19 Mar 25, 12:45 PMTeresa Carlile Appointed President of Ridgeland Mortgage
Thu 09 Jan 25, 06:01 PMloanDepot and Smith Douglas Homes Announce New Joint Venture called Ridgeland Mortgage
Mon 04 Nov 24, 01:30 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -689.97700M | 666.52M | 2015.36M | 32.67M | -103.34400M |
Minority interest | 337.37M | -509.62200M | 1656.61M | 375.88M | 375.88M |
Net income | -610.38500M | 623.15M | 2013.11M | 34.42M | -102.86900M |
Selling general administrative | 1292.69M | 2144.72M | 1703.08M | 865.75M | 777.24M |
Selling and marketing expenses | 236.83M | 467.59M | 264.34M | 187.88M | 190.78M |
Gross profit | 975.58M | 3413.43M | 4100.16M | 1210.98M | 986.42M |
Reconciled depreciation | 42.20M | 35.54M | 60.70M | 61.34M | 36.28M |
Ebit | -56.87900M | 156.90M | 4139.42M | 1210.98M | 986.42M |
Ebitda | -14.68400M | 192.44M | 4175.09M | 1272.31M | 1022.70M |
Depreciation and amortization | 42.20M | 35.54M | 35.67M | 61.34M | 36.28M |
Non operating income net other | - | - | - | - | - |
Operating income | -56.87900M | 156.90M | 4139.42M | 1210.98M | 986.42M |
Other operating expenses | 537.81M | -3294.98100M | 475.31M | 136.50M | 36.88M |
Interest expense | 274.96M | 298.02M | 179.44M | 171.64M | 146.41M |
Tax provision | -79.59200M | 43.37M | 2.25M | -1.74900M | -0.47500M |
Interest income | 200.20M | 262.48M | 142.88M | 127.57M | 122.08M |
Net interest income | -74.75300M | -35.54300M | -36.56500M | -44.06900M | -24.32900M |
Extraordinary items | - | - | - | - | - |
Non recurring | 40.74M | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | -79.59200M | 43.37M | 2.25M | -1.74900M | -0.47500M |
Total revenue | 1010.88M | 3451.88M | 4139.42M | 1210.98M | 986.42M |
Total operating expenses | 502.51M | -3294.98100M | 436.05M | - | - |
Cost of revenue | 35.31M | 38.44M | 39.26M | 265.27M | 238.25M |
Total other income expense net | -633.09800M | 509.62M | -2124.06100M | -1178.30800M | -1089.76000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -610.38500M | 623.15M | 2013.11M | 34.42M | -102.86900M |
Net income applicable to common shares | -273.02000M | 113.52M | 2013.11M | 34.42M | -102.86900M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 7097.91M | 11783.00M | 10893.23M | 4952.51M | 3436.79M |
Intangible assets | 2037.45M | 2006.71M | 1127.87M | 450.08M | 3.22M |
Earning assets | - | - | - | - | - |
Other current assets | 2645.95M | -438.12400M | 7249.33M | 4107.76M | 2381.37M |
Total liab | 5688.46M | 10182.95M | 9236.61M | 4576.63M | 3087.90M |
Total stockholder equity | 921.47M | 494.24M | 1656.61M | 375.88M | 348.89M |
Deferred long term liab | - | - | - | 0.90M | - |
Other current liab | -2373.48900M | -7638.39000M | -6713.28000M | -3569.61500M | - |
Common stock | 0.32M | 0.31M | - | 138.48M | 138.48M |
Capital stock | 0.32M | 0.31M | - | - | - |
Retained earnings | -342.13700M | -28.97600M | - | 219.38M | 192.58M |
Other liab | 212.74M | 249.93M | 64.58M | 50.37M | 194.85M |
Good will | 0.00000M | 42.32M | 42.83M | 40.70M | 40.74M |
Other assets | 5960.12M | 9006.88M | 9131.23M | 4107.76M | 8.31M |
Cash | 863.96M | 419.57M | 284.22M | 73.30M | 105.69M |
Cash and equivalents | - | 419.57M | 284.22M | 73.30M | 105.69M |
Total current liabilities | 2373.49M | 7638.39M | 6713.28M | 3569.61M | 561.80M |
Current deferred revenue | - | - | - | - | - |
Net debt | 3633.64M | 8737.77M | 7095.14M | 4099.43M | - |
Short term debt | 2146.60M | 7457.20M | 6577.43M | 3481.57M | 16.01M |
Short long term debt | 2146.60M | 7457.20M | 6577.43M | 3466.57M | - |
Short long term debt total | 4497.60M | 9157.34M | 7379.36M | 4172.73M | 2704.34M |
Other stockholder equity | 1263.29M | 522.91M | 1656.61M | 542.49M | - |
Property plant equipment | 92.89M | 159.91M | 134.25M | 124.81M | 77.97M |
Total current assets | 1009.24M | 475.75M | 422.35M | 194.35M | 2871.93M |
Long term investments | 114.65M | 91.43M | 17.53M | 17.03M | - |
Net tangible assets | 433.50M | 1587.04M | -60.01400M | -61.11300M | 153.47M |
Short term investments | 20.41M | 18.55M | - | - | - |
Net receivables | 145.28M | 56.18M | 138.12M | 121.05M | 304.12M |
Long term debt | 2289.32M | 1628.21M | 712.47M | 577.10M | 2674.53M |
Inventory | - | - | - | - | - |
Accounts payable | 226.89M | 181.19M | 135.85M | 88.05M | 60.59M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 487.97M | 1105.80M | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | - | - | -166.60200M | - |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 0.32M | 0.31M | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | -342.13700M | -28.97600M | - | - | - |
Treasury stock | -13.28200M | -12.85200M | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -2152.10000M | -2300.36400M | -1339.65500M | -650.40000M | - |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 128.56M | 2300.36M | 1339.65M | 650.40M | - |
Capital lease obligations | 61.67M | 71.93M | 89.47M | 114.07M | - |
Long term debt total | 4503.41M | 9085.41M | 7293.34M | 4092.48M | 2704.34M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 7.16M | 1.37M | -0.53700M | 0.15M | 0.15M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | 667.76M | 296.78M | -27.66900M | 141.09M | 503.13M |
Net borrowings | -4648.90700M | 1776.98M | 3202.82M | 1372.61M | -40.29100M |
Total cash from financing activities | -4768.60100M | 1300.81M | 2429.57M | 1359.79M | -56.94300M |
Change to operating activities | -161.48500M | -73.77400M | 140.62M | 32.43M | -107.74300M |
Net income | -610.38500M | 623.15M | 2013.11M | 34.42M | -102.86900M |
Change in cash | 359.90M | 131.91M | 371.19M | 3.50M | 17.40M |
Begin period cash flow | 620.60M | 488.69M | 117.50M | 113.99M | 96.59M |
End period cash flow | 980.50M | 620.60M | 488.69M | 117.50M | 113.99M |
Total cash from operating activities | 4460.75M | -1465.68500M | -2030.71300M | -1497.38000M | -428.78800M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 62.97M | 58.15M | 60.70M | 61.34M | 36.28M |
Other cashflows from investing activities | 703.81M | 349.53M | 6.24M | 153.64M | 543.91M |
Dividends paid | -119.26400M | -463.31300M | -643.05500M | -7.61200M | 6.17M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | -0.43000M | -12.85200M | -0.22000M | -0.00500M | -0.07600M |
Other cashflows from financing activities | 60132.89M | -21.18500M | 104165.18M | 44381.95M | 31932.62M |
Change to netincome | -149.97100M | 463.35M | -4252.20800M | -1631.13500M | -259.71400M |
Capital expenditures | 43.21M | 54.12M | 33.91M | 12.55M | 40.77M |
Change receivables | - | - | - | - | - |
Cash flows other operating | 5158.13M | -2610.33700M | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | 359.90M | 131.91M | - | - | - |
Change in working capital | -161.48500M | -73.77400M | 140.62M | 57.94M | -132.69300M |
Stock based compensation | 20.58M | 67.06M | 8.50M | 0.19M | 2.07M |
Other non cash items | 5229.34M | -2171.58900M | -381.57700M | -521.36000M | 550.04M |
Free cash flow | 4417.53M | -1519.80900M | -2064.61800M | -1509.93100M | -469.56000M |
Sector: Financial Services Industry: Mortgage Finance
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | ||
---|---|---|---|---|---|---|---|---|
LDI Loandepot Inc |
-0.095 7.20% | 1.23 | - | 91.74 | 1.28 | 1.55 | ||
RKT Rocket Companies Inc |
-0.97 6.62% | 13.69 | 8.17 | 62.50 | 7.58 | 3.14 | ||
UWMC UWM Holdings Corp |
-0.135 2.74% | 4.79 | 47.99 | 30.21 | 10.56 | 5.04 | 25.69 | 22.05 |
FMCCT Federal Home Loan Mortgage Corp Pref Perpetual |
0.25 1.56% | 16.25 | 51.47 | - | 0.55 | - | ||
COOP Mr. Cooper Group Inc |
-8.52 6.60% | 120.57 | 8.68 | 9.03 | 2.76 | 1.16 | 5.10 | 18.18 |
loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. loanDepot, Inc. was founded in 2010 and is headquartered in Foothill Ranch, California.
26642 Towne Centre Drive, Foothill Ranch, CA, United States, 92610
Name | Title | Year Born |
---|---|---|
Mr. Anthony Li Hsieh | Founder & Exec. Chairman | 1965 |
Mr. Jeffrey Michael DerGurahian | Chief Investment Officer & Head Economist | 1976 |
Mr. Frank D. Martell | CEO, Pres & Director | 1960 |
Mr. Patrick J. Flanagan | Chief Financial Officer | 1966 |
Ms. Tammy Richards | Chief Operations Officer | NA |
Ms. Nicole M. Carrillo | Exec. VP & Chief Accounting Officer | 1981 |
Mr. William Wied | Sr. VP & CTO | 1969 |
Ms. T. J. Freeborn | Exec. VP & Chief Admin. Officer | NA |
Ms. Clare Anderson | Director of Investor Solutions | NA |
Abe Gutierrez | VP of Investor Relations | NA |
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