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Side-by-side financial comparison of Ladder Capital Corp (LADR) and Namib Minerals (NAMM). Click either name above to swap in a different company.

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $22.3M, roughly 1.9× Ladder Capital Corp). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $7.4M).

Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.

Namib Minerals is a Namibia-based natural resources firm focused on exploration, development and extraction of high-demand mineral deposits including uranium, copper and lithium. It operates across licensed southern African sites, supplying raw materials to global clean energy, construction and electronics manufacturing sectors.

LADR vs NAMM — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.9× larger
NAMM
$41.9M
$22.3M
LADR
More free cash flow
LADR
LADR
$71.3M more FCF
LADR
$78.7M
$7.4M
NAMM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LADR
LADR
NAMM
NAMM
Revenue
$22.3M
$41.9M
Net Profit
$15.9M
Gross Margin
45.7%
Operating Margin
69.5%
29.8%
Net Margin
71.0%
Revenue YoY
-18.0%
Net Profit YoY
-49.4%
EPS (diluted)
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LADR
LADR
NAMM
NAMM
Q4 25
$22.3M
Q3 25
$27.8M
Q2 25
$21.5M
$41.9M
Q1 25
$20.3M
Q4 24
$27.2M
Q3 24
$38.4M
Q2 24
$34.3M
Q1 24
$37.1M
Net Profit
LADR
LADR
NAMM
NAMM
Q4 25
$15.9M
Q3 25
$19.2M
Q2 25
$17.1M
Q1 25
$11.6M
Q4 24
$31.3M
Q3 24
$27.6M
Q2 24
$32.1M
Q1 24
$16.4M
Gross Margin
LADR
LADR
NAMM
NAMM
Q4 25
Q3 25
Q2 25
45.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
LADR
LADR
NAMM
NAMM
Q4 25
69.5%
Q3 25
72.4%
Q2 25
96.7%
29.8%
Q1 25
52.7%
Q4 24
Q3 24
74.1%
Q2 24
90.4%
Q1 24
49.4%
Net Margin
LADR
LADR
NAMM
NAMM
Q4 25
71.0%
Q3 25
69.0%
Q2 25
79.5%
Q1 25
56.8%
Q4 24
115.1%
Q3 24
71.7%
Q2 24
93.6%
Q1 24
44.2%
EPS (diluted)
LADR
LADR
NAMM
NAMM
Q4 25
$0.13
Q3 25
$0.15
Q2 25
$0.14
Q1 25
$0.09
Q4 24
$0.25
Q3 24
$0.22
Q2 24
$0.26
Q1 24
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LADR
LADR
NAMM
NAMM
Cash + ST InvestmentsLiquidity on hand
$38.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LADR
LADR
NAMM
NAMM
Q4 25
$38.0M
Q3 25
$49.4M
Q2 25
$134.9M
Q1 25
$479.8M
Q4 24
$1.3B
Q3 24
$1.6B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
LADR
LADR
NAMM
NAMM
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
LADR
LADR
NAMM
NAMM
Q4 25
$5.2B
Q3 25
$4.7B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.8B
Q3 24
$4.8B
Q2 24
$4.8B
Q1 24
$5.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LADR
LADR
NAMM
NAMM
Operating Cash FlowLast quarter
$87.0M
$11.4M
Free Cash FlowOCF − Capex
$78.7M
$7.4M
FCF MarginFCF / Revenue
352.4%
17.6%
Capex IntensityCapex / Revenue
37.4%
9.6%
Cash ConversionOCF / Net Profit
5.49×
TTM Free Cash FlowTrailing 4 quarters
$118.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LADR
LADR
NAMM
NAMM
Q4 25
$87.0M
Q3 25
$26.3M
Q2 25
$44.0M
$11.4M
Q1 25
$-28.7M
Q4 24
$133.9M
Q3 24
$169.0M
Q2 24
$45.4M
Q1 24
$-20.4M
Free Cash Flow
LADR
LADR
NAMM
NAMM
Q4 25
$78.7M
Q3 25
$25.9M
Q2 25
$43.4M
$7.4M
Q1 25
$-29.6M
Q4 24
$127.4M
Q3 24
$166.0M
Q2 24
$44.9M
Q1 24
$-21.7M
FCF Margin
LADR
LADR
NAMM
NAMM
Q4 25
352.4%
Q3 25
93.1%
Q2 25
201.6%
17.6%
Q1 25
-145.6%
Q4 24
468.2%
Q3 24
432.1%
Q2 24
131.0%
Q1 24
-58.6%
Capex Intensity
LADR
LADR
NAMM
NAMM
Q4 25
37.4%
Q3 25
1.7%
Q2 25
2.9%
9.6%
Q1 25
4.3%
Q4 24
23.9%
Q3 24
7.8%
Q2 24
1.3%
Q1 24
3.7%
Cash Conversion
LADR
LADR
NAMM
NAMM
Q4 25
5.49×
Q3 25
1.37×
Q2 25
2.57×
Q1 25
-2.49×
Q4 24
4.27×
Q3 24
6.13×
Q2 24
1.41×
Q1 24
-1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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