Lending Tree, Inc. - Understand $tree stock

$TREE Market Cap: $515.4 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$773.1M

TTM

Gross Margin

82.1%

TTM

Net Earnings

-$36.49M

TTM

Current Assets

$251.7M

Q3 2024

Current Liabilities

$272.2M

Q3 2024

Current Ratio

92.48%

Q3 2024

Total Assets

$787.2M

Q3 2024

Total Liabilities

$692.9M

Q3 2024

Book Value

$94.26M

Q3 2024

Cash

$96.79M

Q3 2024

P/E

-14.12

Nov 29, 2024 EST

Free Cash Flow

$55.90M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$672.5M	$985.0M	$1.098B	$910.0M	$1.107B	$764.9M	$617.7M	$384.4M	$254.2M	$167.4M	$139.2M	$77.44M	$54.62M	$59.92M	$216.8M	$228.6M	$346.4M	$476.5M	$421.4M
YoY Change	-31.73%	-10.33%	20.72%	-17.77%	44.68%	23.82%	60.7%	51.21%	51.91%	20.19%	79.8%	41.79%	-8.85%	-72.36%	-5.16%	-34.01%	-27.3%	13.08%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$672.5M	$985.0M	$1.098B	$910.0M	$1.107B	$764.9M	$617.7M	$384.4M	$254.2M	$167.4M	$139.2M	$77.44M	$54.62M	$59.92M	$216.8M	$228.6M	$346.4M	$476.5M	$421.4M
Cost Of Revenue	$38.76M	$57.77M	$57.30M	$54.49M	$68.38M	$36.40M	$17.22M	$13.76M	$9.370M	$7.903M	$6.542M	$4.295M	$4.133M	$5.136M	$74.80M	$76.80M	$78.80M	$73.20M	$66.30M
Gross Profit	$289.8M	$368.9M	$410.4M	$369.5M	$432.3M	$305.1M	$251.4M	$370.6M	$244.8M	$159.4M	$132.7M	$73.15M	$50.48M	$54.78M	$142.0M	$151.8M	$267.6M	$403.3M	$355.0M
Gross Profit Margin	43.09%	37.46%	37.36%	40.6%	39.07%	39.89%	40.7%	96.42%	96.31%	95.28%	95.3%	94.45%	92.43%	91.43%	65.5%	66.4%	77.25%	84.64%	84.24%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$551.3M	$854.6M	$927.5M	$746.5M	$852.0M	$601.5M	$504.3M	$298.3M	$202.9M	$138.6M	$115.8M	$71.17M	$66.41M	$75.70M	$126.9M	$170.0M	$277.6M	$338.2M	$278.7M
YoY Change	-35.49%	-7.85%	24.24%	-12.38%	41.65%	19.27%	69.05%	47.05%	46.39%	19.7%	62.69%	7.16%	-12.27%	-40.35%	-25.35%	-38.76%	-17.92%	21.35%
% of Gross Profit	190.26%	231.64%	226.01%	202.05%	197.08%	197.13%	200.61%	80.49%	82.86%	86.92%	87.25%	97.29%	131.55%	138.18%	89.37%	111.99%	103.74%	83.86%	78.51%
Research & Development	$47.20M	$55.55M	$52.87M	$43.64M	$39.95M	$26.96M	$17.93M	$13.76M	$10.49M	$7.457M	$5.264M	$3.529M	$3.203M	$3.400M	$6.000M	$6.700M	$15.00M	$15.20M	$15.00M
YoY Change	-15.04%	5.08%	21.15%	9.22%	48.2%	50.39%	30.26%	31.24%	40.61%	41.66%	49.16%	10.18%	-5.79%	-43.33%	-10.45%	-55.33%	-1.32%	1.33%
% of Gross Profit	16.29%	15.06%	12.88%	11.81%	9.24%	8.83%	7.13%	3.71%	4.28%	4.68%	3.97%	4.82%	6.34%	6.21%	4.23%	4.41%	5.61%	3.77%	4.23%
Depreciation & Amortization	$19.07M	$20.10M	$17.91M	$14.20M	$11.00M	$7.385M	$7.085M	$4.944M	$3.008M	$3.245M	$3.501M	$4.105M	$5.023M	$3.216M	$11.50M	$51.40M	$44.60M	$35.70M	$42.00M
YoY Change	-5.1%	12.2%	26.12%	29.12%	48.92%	4.23%	43.31%	64.36%	-7.3%	-7.31%	-14.71%	-18.28%	56.19%	-72.03%	-77.63%	15.25%	24.93%	-15.0%
% of Gross Profit	6.58%	5.45%	4.36%	3.84%	2.54%	2.42%	2.82%	1.33%	1.23%	2.04%	2.64%	5.61%	9.95%	5.87%	8.1%	33.86%	16.67%	8.85%	11.83%
Operating Expenses	$598.5M	$910.2M	$980.3M	$790.1M	$892.0M	$628.5M	$522.3M	$312.1M	$213.4M	$146.0M	$121.0M	$74.69M	$69.62M	$83.60M	$144.3M	$194.8M	$320.8M	$389.1M	$335.8M
YoY Change	-34.24%	-7.16%	24.07%	-11.42%	41.93%	20.34%	67.34%	46.27%	46.1%	20.65%	62.05%	7.29%	-16.73%	-42.07%	-25.92%	-39.28%	-17.55%	15.87%
Operating Profit	-$40.61M	-$32.76M	$8.031M	-$6.603M	$50.73M	$56.19M	$33.13M	$52.11M	$28.51M	-$969.0K	-$1.107M	-$2.851M	-$61.11M	-$28.82M	-$2.300M	-$43.00M	-$53.20M	$14.20M	$19.20M
YoY Change	23.98%	-507.87%	-221.63%	-113.02%	-9.72%	69.59%	-36.42%	82.76%	-3042.62%	-12.47%	-61.17%	-95.33%	112.05%	1152.96%	-94.65%	-19.17%	-474.65%	-26.04%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$21.69M	$26.01M	$46.87M	$36.30M	$20.27M	$12.44M	$7.028M	$561.0K	$171.0K	$2.000K	$19.00K	$881.0K	$368.0K	-$500.0K	-$500.0K	-$500.0K	$200.0K	-$200.0K	-$2.000M
YoY Change	-16.64%	-44.49%	29.11%	79.07%	62.99%	76.96%	1152.76%	228.07%	8450.0%	-89.47%	-97.84%	139.4%	-173.6%	0.0%	0.0%	-350.0%	-200.0%	-90.0%
% of Operating Profit			583.58%		39.96%	22.13%	21.21%	1.08%	0.6%									-1.41%	-10.42%
Other Income/Expense, Net	-$106.0M	$3.843M	$123.3M	$400.0K	$500.0K	$0.00	-$400.0K	$0.00				-$881.0K	-$368.0K	-$464.0K	$0.00	$0.00	$0.00	-$200.0K	$0.00
YoY Change	-2858.08%	-96.88%	30718.0%	-20.0%		-100.0%						139.4%	-20.69%				-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$124.9M	-$54.93M	$84.44M	-$42.53M	$30.98M	$43.74M	$25.71M	$51.57M	$28.34M	-$971.0K	-$1.126M	-$3.732M	-$61.48M	-$33.50M	-$24.80M	-$215.6M	-$540.2M	$13.70M	$17.20M
YoY Change	127.43%	-165.05%	-298.55%	-237.27%	-29.18%	70.15%	-50.15%	81.96%	-3018.95%	-13.77%	-69.83%	-93.93%	83.51%	35.08%	-88.5%	-60.09%	-4043.07%	-20.35%
Income Tax	-$2.515M	$133.0M	$11.30M	-$19.96M	-$8.479M	-$65.58M	$6.291M	$20.37M	-$22.97M	-$484.0K	-$453.0K	-$1.483M	-$11.77M	-$6.900M	-$400.0K	-$13.30M	$10.20M	$5.000M	$11.40M
% Of Pretax Income			13.38%		-27.37%	-149.91%	24.47%	39.49%	-81.05%									36.5%	66.28%
Net Earnings	-$122.4M	-$188.0M	$69.12M	-$48.30M	$17.80M	$96.50M	$15.60M	$27.50M	$48.00M	$9.400M	$3.900M	$46.60M	-$59.50M	-$18.20M	-$24.50M	-$202.3M	-$550.4M	$8.700M	$5.900M
YoY Change	-34.87%	-371.94%	-243.1%	-371.35%	-81.55%	518.59%	-43.27%	-42.71%	410.64%	141.03%	-91.63%	-178.32%	226.92%	-25.71%	-87.89%	-63.24%	-6426.44%	47.46%
Net Earnings / Revenue	-18.2%	-19.08%	6.29%	-5.31%	1.61%	12.62%	2.53%	7.15%	18.88%	5.62%	2.8%	60.17%	-108.94%	-30.37%	-11.3%	-88.5%	-158.89%	1.83%	1.4%
Basic Earnings Per Share	-$9.46	-$14.69	$5.24	-$3.71	$1.39	$7.72	$1.30	$2.33	$4.17	$0.84	$0.36	$4.36	-$5.73
Diluted Earnings Per Share	-$9.46	-$14.69	$5.05	-$3.71	$1.22	$6.85	$1.14	$2.15	$3.83	$0.84	$0.36	$4.36	-$5.73	-$1.655M	-$2.333M	-$21.52M	-$59.18M	$935.5K	$634.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$112.1M	$298.8M	$251.2M	$169.9M	$60.20M	$105.1M	$368.6M	$91.10M	$207.0M	$86.20M	$91.70M	$80.20M	$45.50M	$68.80M	$86.10M	$73.60M	$45.90M	$99.50M
YoY Change	-62.51%	18.95%	47.87%	182.23%	-42.72%	-71.49%	304.61%	-55.99%	140.14%	-6.0%	14.34%	76.26%	-33.87%	-20.09%	16.98%	60.35%	-53.87%
Cash & Equivalents	$112.1M	$298.8M	$251.2M	$169.9M	$60.20M	$105.1M	$368.6M	$91.10M	$207.0M	$86.20M	$91.70M	$80.20M	$45.50M	$68.80M	$86.10M	$73.60M	$45.90M	$99.50M
Short-Term Investments
Other Short-Term Assets	$29.48M	$32.06M	$25.49M	$36.60M	$15.70M	$38.00M	$16.10M	$8.100M	$8.800M	$19.80M	$28.20M	$30.60M	$246.0M	$139.9M	$22.80M	$24.20M	$27.40M	$38.00M
YoY Change	-8.07%	25.79%	-30.36%	133.12%	-58.68%	136.02%	98.77%	-7.95%	-55.56%	-29.79%	-7.84%	-87.56%	75.84%	513.6%	-5.79%	-11.68%	-27.89%
Inventory
Prepaid Expenses
Receivables	$54.95M	$83.06M	$97.66M	$89.80M	$113.5M	$91.10M	$53.40M	$41.40M	$29.90M	$13.60M	$12.90M	$11.50M	$5.500M	$3.600M	$6.800M	$7.200M	$12.40M	$21.60M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$93.60M	$87.90M	$86.80M	$345.9M
Total Short-Term Assets	$196.5M	$414.0M	$374.4M	$296.4M	$189.4M	$234.2M	$438.0M	$140.6M	$245.6M	$119.7M	$132.7M	$122.3M	$297.0M	$212.3M	$209.3M	$192.9M	$172.5M	$504.9M
YoY Change	-52.54%	10.57%	26.31%	56.49%	-19.13%	-46.53%	211.52%	-42.75%	105.18%	-9.8%	8.5%	-58.82%	39.9%	1.43%	8.5%	11.83%	-65.83%
Property, Plant & Equipment	$107.7M	$126.2M	$149.8M	$146.5M	$56.90M	$23.20M	$36.40M	$35.50M	$9.400M	$5.300M	$5.300M	$6.200M	$8.400M	$7.600M	$12.30M	$17.10M	$21.50M	$30.70M
YoY Change	-14.66%	-15.76%	2.27%	157.47%	145.26%	-36.26%	2.54%	277.66%	77.36%	0.0%	-14.52%	-26.19%	10.53%	-38.21%	-28.07%	-20.47%	-29.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$60.08M	$174.6M	$158.1M	$80.00M
YoY Change	-65.59%	10.4%	97.68%
Other Assets	$6.339M	$6.101M	$111.1M	$117.5M	$100.0M	$84.70M	$24.50M	$19.20M	$26.20M	$200.0K	$200.0K	$300.0K	$11.20M	$18.00M	$500.0K	$200.0K	$300.0K	$400.0K
YoY Change	3.9%	-94.51%	-5.44%	17.5%	18.06%	245.71%	27.6%	-26.72%	13000.0%	0.0%	-33.33%	-97.32%	-37.78%	3500.0%	150.0%	-33.33%	-25.0%
Total Long-Term Assets	$606.3M	$785.3M	$925.0M	$892.6M	$758.6M	$661.9M	$255.5M	$182.8M	$50.20M	$20.20M	$19.90M	$20.90M	$34.30M	$70.50M	$82.50M	$91.20M	$271.1M	$756.1M
YoY Change	-22.8%	-15.1%	3.63%	17.66%	14.61%	159.06%	39.77%	264.14%	148.51%	1.51%	-4.78%	-39.07%	-51.35%	-14.55%	-9.54%	-66.36%	-64.14%
Total Assets	$802.8M	$1.199B	$1.299B	$1.189B	$948.0M	$896.1M	$693.5M	$323.4M	$295.8M	$139.9M	$152.6M	$143.2M	$331.3M	$282.8M	$291.8M	$284.1M	$443.6M	$1.261B
YoY Change
Accounts Payable	$1.960M	$2.030M	$1.692M	$10.10M	$2.900M	$15.10M	$9.300M	$5.600M	$5.700M	$1.100M	$4.900M	$2.700M	$9.100M	$6.600M	$5.900M	$3.500M	$3.300M	$9.000M
YoY Change	-3.45%	19.98%	-83.25%	248.28%	-80.79%	62.37%	66.07%	-1.75%	418.18%	-77.55%	81.48%	-70.33%	37.88%	11.86%	68.57%	6.06%	-63.33%
Accrued Expenses	$70.54M	$67.32M	$95.85M	$89.70M	$102.5M	$82.90M	$61.60M	$44.40M	$30.40M	$20.80M	$18.80M	$17.60M	$14.30M	$21.30M	$50.20M	$32.00M	$74.50M	$62.90M
YoY Change	4.79%	-29.76%	6.86%	-12.49%	23.64%	34.58%	38.74%	46.05%	46.15%	10.64%	6.82%	23.08%	-32.86%	-57.57%	56.88%	-57.05%	18.44%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$75.00M	$125.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$78.50M	$76.20M	$99.60M	$0.00
YoY Change				-100.0%	-40.0%									-100.0%	3.02%	-23.49%
Long-Term Debt Due	$3.125M	$2.500M	$166.0M															$350.1M
YoY Change	25.0%	-98.49%
Total Short-Term Liabilities	$75.63M	$82.53M	$274.4M	$111.8M	$230.7M	$262.0M	$147.5M	$66.70M	$54.00M	$38.60M	$60.20M	$54.40M	$280.3M	$151.3M	$143.0M	$120.4M	$179.9M	$425.5M
YoY Change	-8.37%	-69.93%	145.47%	-51.54%	-11.95%	77.63%	121.14%	23.52%	39.9%	-35.88%	10.66%	-80.59%	85.26%	5.8%	18.77%	-33.07%	-57.72%
Long-Term Debt	$525.6M	$813.5M	$478.2M	$611.4M	$264.4M	$250.9M	$238.2M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$19.30M
YoY Change	-35.39%	70.14%	-21.79%	131.24%	5.38%	5.33%											-100.0%
Other Long-Term Liabilities	$75.29M	$88.54M	$96.52M	$101.0M	$50.50M	$36.10M	$12.90M	$25.30M	$600.0K	$200.0K	$600.0K	$1.200M	$5.100M	$15.70M	$12.50M	$9.900M	$12.40M	$3.800M
YoY Change	-14.96%	-8.26%	-4.44%	100.0%	39.89%	179.84%	-49.01%	4116.67%	200.0%	-66.67%	-50.0%	-76.47%	-67.52%	25.6%	26.26%	-20.16%	226.32%
Total Long-Term Liabilities	$600.9M	$902.1M	$574.7M	$712.4M	$314.9M	$287.0M	$251.1M	$25.30M	$600.0K	$200.0K	$600.0K	$1.200M	$5.100M	$15.70M	$12.50M	$9.900M	$12.40M	$23.10M
YoY Change	-33.38%	56.97%	-19.33%	126.23%	9.72%	14.3%	892.49%	4116.67%	200.0%	-66.67%	-50.0%	-76.47%	-67.52%	25.6%	26.26%	-20.16%	-46.32%
Total Liabilities	$678.6M	$991.4M	$851.4M	$824.2M	$545.6M	$549.9M	$399.2M	$92.00M	$54.60M	$43.50M	$65.60M	$60.20M	$285.9M	$181.0M	$170.9M	$146.0M	$229.0M	$487.6M
YoY Change	-31.55%	16.45%	3.3%	51.06%	-0.78%	37.75%	333.91%	68.5%	25.52%	-33.69%	8.97%	-78.94%	57.96%	5.91%	17.05%	-36.24%	-53.04%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	12.94M shares	12.79M shares	13.20M shares	13.01M shares	12.83M shares	12.50M shares	11.95M shares	11.81M shares	11.52M shares	11.19M shares	11.04M shares	10.70M shares	10.38M shares
Diluted Shares Outstanding	12.94M shares	12.79M shares	13.70M shares	13.01M shares	14.62M shares	14.10M shares	13.68M shares	12.77M shares	12.54M shares	11.19M shares	11.04M shares	10.70M shares	10.38M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $515.37 Million

About LendingTree, Inc.

LendingTree, Inc. engages in the operation of an online loan marketplace for consumers seeking loans and other credit-based offerings. The company is headquartered in Charlotte, North Carolina and currently employs 860 full-time employees. The company went IPO on 2000-02-16. The firm provides customers with access to offers on loans, credit cards, insurance and more through its network of approximately 500 financial partners. Its segments include Home, Consumer, and Insurance. The Home segment includes products, such as purchase mortgage, refinance mortgage, and home equity loans and lines of credit. Its Consumer segment includes products, such as credit cards, personal loans, small business loans, student loans, auto loans, deposit accounts, and other credit products such as debt settlement. The Insurance segment consists of insurance quote products and insurance policies in its agency businesses. The company helps customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of products and tools and personalized financial recommendations, the Company helps customers achieve everyday financial wins.

Industry: Loan Brokers Peers: AMERICAN EXPRESS CO Atlanticus Holdings Corp CONSUMER PORTFOLIO SERVICES, INC. EZCORP INC OppFi Inc. MONEYLION INC. NERDWALLET, INC. Regional Management Corp. Sunlight Financial Holdings Inc. WORLD ACCEPTANCE CORP