TREE · Lendingtree, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.12B | $900.22M | $672.50M | $984.99M | $1.10B | $909.99M |
| Cost of Revenue | $42.52M | $36.07M | $38.76M | $57.77M | $57.30M | $54.49M |
| Gross Profit | $352.05M | $309.57M | $289.75M | $368.94M | $410.37M | $369.47M |
| R&D | $45.25M | $46.36M | $47.20M | $55.55M | $52.87M | $43.64M |
| SG&A | $112.89M | $108.70M | $117.70M | $152.38M | $153.47M | $129.10M |
| Total Operating Expenses | $1.05B | $855.59M | $713.11M | $1.02B | $1.09B | $916.59M |
| D&A | $16.46M | $18.30M | $19.07M | $20.09M | $17.91M | $14.20M |
| Operating Income | $64.81M | $44.63M | ($40.61M) | ($32.76M) | $8.03M | ($6.60M) |
| Interest Expense | - | - | - | $26.01M | $46.87M | $36.30M |
| Income Tax | ($130.28M) | $4.32M | ($2.52M) | $133.02M | $11.30M | ($19.96M) |
| Net Income | $151.31M | ($41.70M) | ($122.40M) | ($48.26M) | $69.11M | ($48.26M) |
| EPS - Basic | $11.14 | ($3.14) | ($9.46) | ($14.69) | $5.24 | ($3.71) |
| EPS - Diluted | $10.78 | ($3.14) | ($9.46) | ($14.69) | $5.05 | ($3.71) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $81.07M | $106.59M | $112.05M | $298.85M | $251.23M | $169.93M |
| Accounts Receivable | $110.58M | $97.79M | $54.95M | $83.06M | $97.66M | $89.84M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $6.74M | $8.36M | $1.96M | $2.03M | $1.69M | $10.11M |
| Current Assets | $229.71M | $238.46M | $196.48M | $413.97M | $374.38M | $296.41M |
| Total Assets | $855.69M | $767.67M | $802.76M | $1.20B | $1.30B | $1.19B |
| Current Liabilities | $137.46M | $240.48M | $75.63M | $82.53M | $274.43M | $111.84M |
| Long-term Debt | $387.69M | $344.12M | $525.62M | $813.52M | $478.15M | $611.41M |
| Total Liabilities | $568.89M | $658.85M | $678.63M | $991.37M | $851.36M | $824.23M |
| Stockholders' Equity | $286.80M | $108.82M | $124.13M | $207.94M | $447.99M | $364.76M |
| Retained Earnings | ($728.10M) | ($879.41M) | ($837.70M) | ($715.30M) | ($571.79M) | ($640.91M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $73.10M | $62.26M | $67.57M | $42.97M | $131.26M | $111.30M |
| Investing Cash Flow | ($9.93M) | ($11.22M) | ($12.48M) | ($27.88M) | $10.07M | ($122.15M) |
| Financing Cash Flow | ($88.70M) | ($56.50M) | ($242.01M) | $32.54M | ($63.35M) | $193.29M |
| CapEx | $12.42M | $11.22M | $12.53M | $11.44M | $35.06M | $42.15M |
| Free Cash Flow | $60.68M | $51.04M | $55.04M | $31.53M | $96.19M | $69.15M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.5% | 34.4% | 43.1% | 37.5% | 37.4% | 40.6% |
| Operating margin | 5.8% | 5.0% | -6.0% | -3.3% | 0.7% | -0.7% |
| EBITDA margin | 7.3% | 7.0% | -3.2% | -1.3% | 2.4% | 0.8% |
| Net margin | 13.5% | -4.6% | -18.2% | -4.9% | 6.3% | -5.3% |
| Free cash flow margin | 5.4% | 5.7% | 8.2% | 3.2% | 8.8% | 7.6% |
| FCF / Net income | 0.40 | -1.22 | -0.45 | -0.65 | 1.39 | -1.43 |
| R&D / Revenue | 4.0% | 5.1% | 7.0% | 5.6% | 4.8% | 4.8% |
| SG&A / Revenue | 10.1% | 12.1% | 17.5% | 15.5% | 14.0% | 14.2% |
| Effective tax rate | -619.7% | - | - | 156.9% | 14.0% | - |
| Return on assets | 17.7% | -5.4% | -15.2% | -4.0% | 5.3% | -4.1% |
| Return on equity | 52.8% | -38.3% | -98.6% | -23.2% | 15.4% | -13.2% |
| Return on invested capital | 9.6% | 7.8% | -4.9% | -1.6% | 0.7% | -0.5% |
| Liquidity | ||||||
| Current ratio | 1.67 | 0.99 | 2.60 | 5.02 | 1.36 | 2.65 |
| Quick ratio | 1.67 | 0.99 | 2.60 | 5.02 | 1.36 | 2.65 |
| Cash ratio | 0.59 | 0.44 | 1.48 | 3.62 | 0.92 | 1.52 |
| Leverage | ||||||
| Debt / Equity | 1.35 | 3.16 | 4.23 | 3.91 | 1.07 | 1.68 |
| Debt / Assets | 0.45 | 0.45 | 0.65 | 0.68 | 0.37 | 0.51 |
| Debt / EBITDA | 4.77 | 5.47 | - | - | 18.43 | 80.47 |
| Interest coverage | - | - | - | -1.3x | 0.2x | -0.2x |
| Equity multiplier | 2.98 | 7.05 | 6.47 | 5.77 | 2.90 | 3.26 |
| Liabilities / Assets | 0.66 | 0.86 | 0.85 | 0.83 | 0.66 | 0.69 |
| Efficiency | ||||||
| Asset turnover | 1.31 | 1.17 | 0.84 | 0.82 | 0.85 | 0.77 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 36d | 40d | 30d | 31d | 32d | 36d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 58d | 85d | 18d | 13d | 11d | 68d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 4.9x | - | - | - | 24.3x | - |
| P / B | 2.6x | 4.7x | 3.2x | 1.3x | 3.7x | 9.8x |
| P / S | 0.7x | 0.6x | 0.6x | 0.3x | 1.5x | 3.9x |
| EV / EBITDA | 13.0x | 11.9x | - | - | 73.5x | 526.8x |
| Growth | ||||||
| Revenue growth (YoY) | 24.1% | 33.9% | -31.7% | -10.3% | 20.7% | -17.8% |
| Revenue CAGR (3y) | 4.3% | -6.4% | -9.6% | -3.8% | 12.8% | 13.8% |
| Revenue CAGR (5y) | 4.2% | -4.0% | -2.5% | 9.8% | 23.4% | 29.1% |
| Gross profit growth (YoY) | 13.7% | 6.8% | -21.5% | -10.1% | 11.1% | -14.5% |
| Operating income growth (YoY) | 45.2% | - | -24.0% | - | - | - |
| Net income growth (YoY) | - | 65.9% | -153.7% | - | - | - |
| EPS growth (YoY) | - | 66.8% | 35.6% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | -9.7% | - |
| EPS CAGR (5y) | - | - | - | - | 18.6% | - |
| FCF growth (YoY) | 18.9% | -7.3% | 74.6% | -67.2% | 39.1% | -49.6% |
| FCF CAGR (5y) | -2.6% | -17.9% | -12.8% | -19.9% | 29.4% | 22.2% |
| Book value growth (YoY) | 163.5% | -12.3% | -40.3% | -53.6% | 22.8% | -9.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.37B totalInsurance Segment$711.88M · 51.9%
Consumer Segment$253.37M · 18.5%
Home Segment$151.76M · 11.1%
Other Consumer$138.93M · 10.1%
Personal Loans$114.44M · 8.3%
All Other Segments$310.0K · 0.0%
Product / service
$310.0K totalOther Products And Services$310.0K · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.11
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Loan Brokers
Comparing LendingTree against the 4 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Dec 13, 2012 | $1.0000 |