Saturday 10 October 2026
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LendingTree, Inc.
TREE Financial Financial Conglomerates
LendingTree, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 24.1% from fiscal 2024. In the quarter to June 2026, revenue grew 25.3%, EPS grew 6.15%, free cash flow grew 3.14% and total debt fell 20.6%, each against the same quarter a year earlier.
25.19
0.16
−0.63%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 52.11 | 96.20 | 183.25 | 211.11 | 135.72 | 105.00 | 17.60 | 10.12 | 24.55 | 33.50 |
Analyst estimates 2026–2028 Powerpack |
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| High | 112.00 | 355.80 | 404.40 | 434.94 | 368.66 | 372.64 | 143.09 | 47.82 | 62.49 | 77.35 | |||||
| People | |||||||||||||||
| People | Employees | 399 | 535 | 909 | 1,107 | 1,303 | 1,425 | 1,253 | 870 | 937 | 926 | ||||
| Revenue/emp, $m | 0.96 | 1.15 | 0.84 | 1.00 | 0.70 | 0.77 | 0.79 | 0.77 | 0.96 | 1.21 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 384 | 618 | 765 | 1,107 | 910 | 1,098 | 985 | 673 | 900 | 1,117 | ||||
| Gross margin, % | 96.42 | 97.21 | 95.24 | 93.82 | 94.01 | 94.78 | 94.14 | 94.24 | 95.99 | 96.19 | |||||
| EBT | 52 | 26 | 44 | 31 | (43) | 84 | (55) | (125) | (37) | 21 | |||||
| EBT margin, % | 13.42 | 4.16 | 5.72 | 2.80 | (4.67) | 7.69 | (5.58) | (18.58) | (4.15) | 1.88 | |||||
| Net income | 27 | 16 | 96 | 18 | (48) | 69 | (188) | (122) | (42) | 151 | |||||
| Depreciation | 6 | 29 | 45 | 80 | 90 | 97 | 53 | 30 | 27 | 24 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 32.54 | 51.72 | 61.17 | 86.22 | 69.96 | 83.23 | 76.99 | 51.97 | 67.84 | 82.25 | ||||
| Earnings | 2.33 | 1.30 | 7.72 | 1.39 | (3.71) | 5.24 | (14.69) | (9.46) | (3.14) | 11.14 | |||||
| Cash flow | 5.44 | 8.67 | 9.91 | 12.25 | 8.56 | 9.94 | 3.36 | 5.22 | 4.69 | 5.38 | |||||
| Capex | (2.88) | (2.77) | (1.19) | 0.31 | (3.24) | (2.66) | (0.89) | (0.97) | (0.85) | (0.73) | |||||
| Free cash flow | 2.56 | 5.90 | 8.72 | 12.56 | 5.32 | 7.29 | 2.46 | 4.25 | 3.85 | 4.65 | |||||
| Book value | 19.59 | 24.69 | 27.69 | 31.35 | 28.04 | 33.94 | 16.25 | 9.59 | 8.20 | 21.11 | |||||
| Shares, m | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 42.21 | 259.73 | 28.19 | 219.88 | 0.00 | 23.35 | 0.00 | 0.00 | 0.00 | 4.82 | ||||
| P/S | 3.02 | 6.58 | 3.59 | 3.52 | 3.91 | 1.47 | 0.28 | 0.57 | 0.57 | 0.65 | |||||
| P/B | 5.02 | 13.78 | 7.93 | 9.68 | 9.76 | 3.61 | 1.33 | 3.07 | 4.72 | 2.51 | |||||
| EV/Sales | 2.77 | 6.36 | 3.94 | 3.77 | 4.40 | 1.83 | 0.81 | 1.19 | 0.97 | 0.92 | |||||
| EV/FCF | 33.06 | 41.15 | 27.66 | 25.89 | 57.95 | 20.91 | 25.17 | 14.48 | 17.18 | 16.33 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 64 | 104 | 124 | 157 | 111 | 131 | 43 | 68 | 62 | 73 | ||||
| Capex | (34) | (33) | (15) | 4 | (42) | (35) | (11) | (13) | (11) | (10) | |||||
| Free cash flow | 30 | 70 | 109 | 161 | 69 | 96 | 32 | 55 | 51 | 63 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 74 | 291 | (28) | (41) | 185 | 100 | 331 | 121 | (2) | 92 | ||||
| Total debt | — | 238 | 376 | 339 | 616 | 644 | 816 | 529 | 469 | 392 | |||||
| Net debt | (95) | (134) | 271 | 279 | 446 | 393 | 517 | 417 | 362 | 311 | |||||
| Shareholders’ equity | 231 | 295 | 346 | 402 | 365 | 448 | 208 | 124 | 109 | 287 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 8.88 | 3.06 | 12.14 | 1.93 | (4.52) | 5.56 | (15.04) | (12.23) | (5.31) | 18.64 | ||||
| ROIC | 23.91 | 12.91 | 5.69 | 4.65 | (0.51) | 0.60 | (2.82) | (4.69) | 5.92 | 6.78 | |||||
| ROE | 11.64 | 5.92 | 30.11 | 4.76 | (12.58) | 17.01 | (57.31) | (73.72) | (35.80) | 76.49 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
LendingTree, Inc. vs peers in Financial Conglomerates (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| IX Orix Corp Ads | $40.2B | 10.6× | — | +19.77% (above 0%: growing) | +201.50% (above 0%: growing) | −154.50% (below 0%: shrinking) | 44.45% | 20.40% | Compare |
| FRHC Freedom Holding Corp. | $10.6B | 68.9× | 12.3× | +39.80% (above 0%: growing) | +1.96% (above 0%: growing) | −197.00% (below 0%: shrinking) | 95.19% | 29.81% | Compare |
| VOYA Voya Financial, Inc. | $8.8B | 15.7× | 10.0× | −4.29% (below 0%: shrinking) | −41.42% (below 0%: shrinking) | −32.21% (below 0%: shrinking) | 56.49% | 5.38% | Compare |
| HTH Hilltop Holdings Inc. | $2.1B | 13.5× | 15.7× | −0.21% (below 0%: shrinking) | +10.53% (above 0%: growing) | +27.21% (above 0%: growing) | 81.18% | 0.00% | Compare |
| TREE LendingTree, Inc. | $355.9M | 1.9× | 8.9× | +25.31% (above 0%: growing) | +6.15% (above 0%: growing) | +3.14% (above 0%: growing) | 96.40% | 6.95% | |
| RILY BRC Group Holdings, Inc. | $207.4M | 0.4× | — (loss-making) | +6.13% (above 0%: growing) | −89.11% (below 0%: shrinking) | +30.61% (above 0%: growing) | 74.60% | 16.35% | Compare |
| Median of peers | $8.8B | 13.5× | 12.3× | +6.13% | +1.96% | −32.21% | 74.60% | 16.35% |
LendingTree, Inc. (TREE) key facts
- Strength: LendingTree, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 24.1% from fiscal 2024.
- LendingTree, Inc. (TREE) is a Financial Conglomerates company in the Financial sector, listed on Nasdaq.
- Net income was $151.3 million, or $11.14 per share (basic), a net margin of 13.5%.
- As of October 9, 2026, TREE traded at $25.19, a market capitalization of $355.9 million.
- At that price the stock trades at 1.9× trailing-twelve-month earnings and 0.3× sales; its P/E is higher than 1% of its own readings over the past ten years.
- Return on equity was 76.5% and debt-to-equity 1.22.
- Its Piotroski F-score is 6 out of 9 for fiscal 2025.