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Side-by-side financial comparison of Ladder Capital Corp (LADR) and ROCKWELL MEDICAL, INC. (RMTI). Click either name above to swap in a different company.

Ladder Capital Corp is the larger business by last-quarter revenue ($22.3M vs $18.3M, roughly 1.2× ROCKWELL MEDICAL, INC.). Ladder Capital Corp runs the higher net margin — 71.0% vs -3.0%, a 74.1% gap on every dollar of revenue. On growth, Ladder Capital Corp posted the faster year-over-year revenue change (-18.0% vs -25.6%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $2.2M). Over the past eight quarters, ROCKWELL MEDICAL, INC.'s revenue compounded faster (-10.1% CAGR vs -22.5%).

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.

Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).

LADR vs RMTI — Head-to-Head

Bigger by revenue
LADR
LADR
1.2× larger
LADR
$22.3M
$18.3M
RMTI
Growing faster (revenue YoY)
LADR
LADR
+7.7% gap
LADR
-18.0%
-25.6%
RMTI
Higher net margin
LADR
LADR
74.1% more per $
LADR
71.0%
-3.0%
RMTI
More free cash flow
LADR
LADR
$76.5M more FCF
LADR
$78.7M
$2.2M
RMTI
Faster 2-yr revenue CAGR
RMTI
RMTI
Annualised
RMTI
-10.1%
-22.5%
LADR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LADR
LADR
RMTI
RMTI
Revenue
$22.3M
$18.3M
Net Profit
$15.9M
$-554.0K
Gross Margin
21.1%
Operating Margin
69.5%
-2.2%
Net Margin
71.0%
-3.0%
Revenue YoY
-18.0%
-25.6%
Net Profit YoY
-49.4%
26.7%
EPS (diluted)
$0.13
$-0.01

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
RMTI
RMTI
Q4 25
$22.3M
$18.3M
Q3 25
$27.8M
$15.9M
Q2 25
$21.5M
$16.1M
Q1 25
$20.3M
$18.9M
Q4 24
$27.2M
$24.7M
Q3 24
$38.4M
$28.3M
Q2 24
$34.3M
$25.8M
Q1 24
$37.1M
$22.7M
Net Profit
LADR
LADR
RMTI
RMTI
Q4 25
$15.9M
$-554.0K
Q3 25
$19.2M
$-1.8M
Q2 25
$17.1M
$-1.5M
Q1 25
$11.6M
$-1.5M
Q4 24
$31.3M
$-756.0K
Q3 24
$27.6M
$1.7M
Q2 24
$32.1M
$343.0K
Q1 24
$16.4M
$-1.7M
Gross Margin
LADR
LADR
RMTI
RMTI
Q4 25
21.1%
Q3 25
14.3%
Q2 25
15.6%
Q1 25
16.1%
Q4 24
14.7%
Q3 24
22.0%
Q2 24
17.6%
Q1 24
13.5%
Operating Margin
LADR
LADR
RMTI
RMTI
Q4 25
69.5%
-2.2%
Q3 25
72.4%
-9.9%
Q2 25
96.7%
-8.4%
Q1 25
52.7%
-7.2%
Q4 24
-2.1%
Q3 24
74.1%
6.8%
Q2 24
90.4%
2.0%
Q1 24
49.4%
-5.8%
Net Margin
LADR
LADR
RMTI
RMTI
Q4 25
71.0%
-3.0%
Q3 25
69.0%
-11.0%
Q2 25
79.5%
-9.3%
Q1 25
56.8%
-8.0%
Q4 24
115.1%
-3.1%
Q3 24
71.7%
5.9%
Q2 24
93.6%
1.3%
Q1 24
44.2%
-7.6%
EPS (diluted)
LADR
LADR
RMTI
RMTI
Q4 25
$0.13
$-0.01
Q3 25
$0.15
$-0.05
Q2 25
$0.14
$-0.05
Q1 25
$0.09
$-0.04
Q4 24
$0.25
$-0.02
Q3 24
$0.22
$0.04
Q2 24
$0.26
$0.01
Q1 24
$0.13
$-0.06

Balance Sheet & Financial Strength

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

Metric
LADR
LADR
RMTI
RMTI
Cash + ST InvestmentsLiquidity on hand
$38.0M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$37.0M
Total Assets
$5.2B
$57.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LADR
LADR
RMTI
RMTI
Q4 25
$38.0M
$10.7M
Q3 25
$49.4M
$13.6M
Q2 25
$134.9M
$12.5M
Q1 25
$479.8M
$11.4M
Q4 24
$1.3B
$15.7M
Q3 24
$1.6B
$12.3M
Q2 24
$1.2B
$11.9M
Q1 24
$1.2B
$6.6M
Stockholders' Equity
LADR
LADR
RMTI
RMTI
Q4 25
$1.5B
$37.0M
Q3 25
$1.5B
$37.0M
Q2 25
$1.5B
$30.4M
Q1 25
$1.5B
$31.5M
Q4 24
$1.5B
$32.6M
Q3 24
$1.5B
$29.1M
Q2 24
$1.5B
$23.5M
Q1 24
$1.5B
$20.6M
Total Assets
LADR
LADR
RMTI
RMTI
Q4 25
$5.2B
$57.1M
Q3 25
$4.7B
$57.5M
Q2 25
$4.5B
$52.6M
Q1 25
$4.5B
$54.0M
Q4 24
$4.8B
$59.2M
Q3 24
$4.8B
$57.1M
Q2 24
$4.8B
$53.0M
Q1 24
$5.3B
$50.7M

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
RMTI
RMTI
Operating Cash FlowLast quarter
$87.0M
$2.3M
Free Cash FlowOCF − Capex
$78.7M
$2.2M
FCF MarginFCF / Revenue
352.4%
12.0%
Capex IntensityCapex / Revenue
37.4%
0.5%
Cash ConversionOCF / Net Profit
5.49×
TTM Free Cash FlowTrailing 4 quarters
$118.3M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LADR
LADR
RMTI
RMTI
Q4 25
$87.0M
$2.3M
Q3 25
$26.3M
$-1.3M
Q2 25
$44.0M
$1.8M
Q1 25
$-28.7M
$-3.5M
Q4 24
$133.9M
$865.0K
Q3 24
$169.0M
$4.3M
Q2 24
$45.4M
$1.4M
Q1 24
$-20.4M
$-2.4M
Free Cash Flow
LADR
LADR
RMTI
RMTI
Q4 25
$78.7M
$2.2M
Q3 25
$25.9M
$-1.5M
Q2 25
$43.4M
$1.7M
Q1 25
$-29.6M
$-3.5M
Q4 24
$127.4M
$470.0K
Q3 24
$166.0M
$4.1M
Q2 24
$44.9M
$1.2M
Q1 24
$-21.7M
$-2.5M
FCF Margin
LADR
LADR
RMTI
RMTI
Q4 25
352.4%
12.0%
Q3 25
93.1%
-9.6%
Q2 25
201.6%
10.5%
Q1 25
-145.6%
-18.8%
Q4 24
468.2%
1.9%
Q3 24
432.1%
14.4%
Q2 24
131.0%
4.5%
Q1 24
-58.6%
-11.1%
Capex Intensity
LADR
LADR
RMTI
RMTI
Q4 25
37.4%
0.5%
Q3 25
1.7%
1.4%
Q2 25
2.9%
1.0%
Q1 25
4.3%
0.3%
Q4 24
23.9%
1.6%
Q3 24
7.8%
0.7%
Q2 24
1.3%
1.1%
Q1 24
3.7%
0.6%
Cash Conversion
LADR
LADR
RMTI
RMTI
Q4 25
5.49×
Q3 25
1.37×
Q2 25
2.57×
Q1 25
-2.49×
Q4 24
4.27×
Q3 24
6.13×
2.57×
Q2 24
1.41×
4.20×
Q1 24
-1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LADR
LADR

Segment breakdown not available.

RMTI
RMTI

US$15.9M87%
Non Us$2.4M13%

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