OverviewSuggest Edit
LendingTree is a company operating an online marketplace that connects consumers with financial services. The My LendingTree platform provides mortgage loans, auto loans, personal loans, business loans, student refinances, credit cards, and other services. Through the platform, consumers receive credit scores and recommendations to improve credit health as well as ratings and reviews of lenders and the mortgage payment calculator.
| Type | Public | |
| Founded | 1996 | |
| HQ | Charlotte, NC, US | Map |
| Website | lendingtree.com | |
| Employee Ratings | More | |
| Overall Culture | B- | More |
Recent NewsAll News
- LendingTree Foundation Launches Signature Giving Program, the LendaHand Alliance Cohort
- Guy Fieri's Restaurant Reboot Presented by LendingTree Attracts Over 4 Million Viewers
- Guy's Restaurant Reboot Presented by LendingTree Celebrates Local Restaurants Across America During Free Live Stream Event on June 12, 7 p.m. EDT
- Kids' Competitive Activities Lead to Debt for 79% of Parents
Key People/Management at LendingTree
Douglas Lebda
Chairman, CEO and Company Founder
Neil Salvage
President
Jill Olmstead
Chief Human Resources Officer
Arun Sankaran
Chief Information Security Officer
Adithya Yaga
Chief Strategy Officer
Steven Ozonian
Lead Independent Director
LendingTree Office Locations
LendingTree has offices in Charlotte, Fort Mill, San Mateo and Tahlequah
Charlotte, NC, US (HQ)
1415 Vantage Park Drive Suite 700
Charlotte, NC, US
11115 Rushmore Dr
Fort Mill, SC, US
1938 Candlewick Dr
San Mateo, CA, US
1300 S El Camino Real #600
Tahlequah, OK, US
1699 W 4th St
LendingTree Financials and Metrics
LendingTree Revenue
LendingTree's revenue was reported to be $909.99 m in FY, 2020 which is a 17.8% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 272.8m |
Gross profit (Q1, 2021) | 258.9m |
Gross profit margin (Q1, 2021), % | 94.9% |
Net income (Q1, 2021) | 19.0m |
EBIT (Q1, 2021) | (1.9m) |
Market capitalization (15-Oct-2021) | 2.1b |
Closing stock price (15-Oct-2021) | 154.1 |
Cash (31-Mar-2021) | 162.1m |
EV | 2.6b |
LendingTree's current market capitalization is $2.1 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 181.0m | 184.1m | 197.1m | 262.4m | 278.4m | 310.6m | 283.1m | 184.3m | 220.3m | 272.8m |
Cost of goods sold | 5.7m | 6.0m | 10.8m | 17.7m | 16.3m | 17.7m | 14.3m | 13.5m | 13.2m | 13.9m |
Gross profit | 175.3m | 178.1m | 186.2m | 244.7m | 262.1m | 292.9m | 268.8m | 170.9m | 207.0m | 258.9m |
Gross profit Margin, % | 97% | 97% | 95% | 93% | 94% | 94% | 95% | 93% | 94% | 95% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 346.5m | 293.3m | 265.2m | 64.6m | 51.3m | 50.5m | 51.2m | 101.8m | 187.3m | 162.1m |
Accounts Receivable | 64.8m | 80.1m | 79.4m | 119.7m | 139.8m | 140.8m | 119.6m | 77.0m | 96.6m | 123.1m |
Prepaid Expenses | 13.6m | 13.9m | 16.4m | 12.9m | 12.4m | 12.9m | 17.4m | 25.7m | 27.6m | 28.6m |
Current Assets | 429.0m | 387.5m | 361.3m | 219.0m | 205.8m | 204.5m | 188.3m | 204.6m | 312.8m | 322.4m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 31.5m | 74.1m | 99.8m | (512.0k) | 11.7m | 16.0m | 14.4m | (15.4m) | (40.0m) | 19.0m |
Depreciation and Amortization | 5.8m | 11.6m | 19.4m | 15.9m | 32.7m | 49.2m | 17.1m | 34.4m | 51.1m | 3.7m |
Cash From Operating Activities | 17.7m | 15.3m | 60.2m | 23.3m | 67.9m | 110.9m | 29.3m | 87.9m | 96.2m | 8.9m |
Purchases of PP&E | (3.5m) | (6.7m) | (10.6m) | (5.0m) | (9.8m) | (15.2m) | (4.2m) | (9.1m) | (20.4m) | (10.6m) |
| USD | Q1, 2018 |
|---|---|
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.1 x |
LendingTree Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| ValuePenguin | December 21, 2018 | |
| QuoteWizard | October 05, 2018 | $370 m |
| Student Loan Hero | July 17, 2018 | $60 m |
| Ovation Credit Services, Inc. | May 11, 2018 | |
| SnapCap | September 19, 2017 | $21 m |
| MagnifyMoney | June 20, 2017 | |
| DepositAccounts.com | June 15, 2017 | $33 m |
| DepositAccounts | June 14, 2017 | |
| CompareCards | November 16, 2016 | |
| Valore | June 29, 2016 |
LendingTree Revenue Breakdown
LendingTree revenue breakdown by business segment: 36.7% from Insurance, 35.3% from Home, 12.0% from Other Consumer , 7.3% from Personal loans, 8.5% from Credit cards and 0.2% from Other
LendingTree Online and Social Media Presence
9.3k Twitter followers
LendingTree has 9.3k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.6% quarter over quarter
LendingTree's Trends
Twitter Engagement Stats for @LendingTree
13.8k
Tweets
810
Following
9.3k
Followers
37
Tweets last 30 days
0.7
Avg. likes per Tweet
78.4%
Tweets with engagement
LendingTree Company Culture
Overall Culture
B-
70/100
CEO Rating
A
78/100
Compensation
C
65/100
Diversity
C+
70/100
LendingTree News and Updates
July 13, 2021
LendingTree Foundation Launches Signature Giving Program, the LendaHand Alliance Cohort
CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- In efforts to transform the corporate giving model, the LendingTree Foundation today announced the launch of its signature philanthropy program, the LendaHand Alliance Cohort: a three-year program for 10 Charlotte-based nonprofits designed to...
June 15, 2021
Guy Fieri's Restaurant Reboot Presented by LendingTree Attracts Over 4 Million Viewers
José Andrés, Shaquille O'Neal, Marcus Samuelsson, Rob Gronkowski, Cat Cora, Buddy Valastro, Old Dominion, Diplo, and More Joined to Celebrate Local Restaurants; Guy Awarded Over $300,000 Live to Existing and Aspiring Restaurateurs
May 26, 2021
Guy's Restaurant Reboot Presented by LendingTree Celebrates Local Restaurants Across America During Free Live Stream Event on June 12, 7 p.m. EDT
José Andrés, Shaquille O'Neal, Marcus Samuelsson, Rob Gronkowski, Cat Cora, Adriana Lima, Buddy Valastro, Old Dominion, Jon Taffer, Diplo, Robert Irvine, and More to Participate in Inaugural Event; Guy Fieri & National Restaurant Association Set to Distribute $300,000 in Grants Live on the Show
May 11, 2021
Kids' Competitive Activities Lead to Debt for 79% of Parents
While it's probably not a shocker that kids' competitive activities are expensive, you may be surprised to find that nearly 8 in 10 parents have gone into debt because of it. That was one of the major findings in a recent LendingTree survey of more than 1,000 parents with children ages 18 and younge…
May 05, 2021
Credit Card Confidence Climbs Again in April
Americans' credit card confidence climbed for the second straight month in April, hitting its highest levels since October. As we saw in March, increased confidence among women in their ability to pay their credit card bills in full this month pushed overall confidence levels higher.
April 29, 2021
LendingTree Aligns Management Team for Growth
Today, LendingTree®, Inc. (NASDAQ: TREE), announces the reorganization of its leadership and management team to place greater focus on the Company's strategic growth initiatives, effective May 17, 2021. The reorganization serves to better align management, executives, and resources with key initiat…
LendingTree Blogs
October 07, 2021
What we know about solar – and what you should know, too
If you’re thinking of going green by adding solar panels to your home, you’re not alone. With improving technology and reduced costs (Solar Industry Research Data reports solar prices have dropped 70% over the last decade), homeowners in every state are taking the plunge. But even with increased …
August 19, 2021
Link Accounts for Your Chance to Win $1,000
Who couldn’t use an extra grand? LendingTree is giving away $1,000 every week in August, and you’re invited to join the fun! When you link your bank accounts to your LendingTree account, we’ll enter you for a chance to win $1,000. Link accounts from all your financial institutions for more chances …
August 02, 2021
LendingTree Launches $1,000 Cash Sweepstakes for Users With Linked Bank Accounts
In efforts to help consumers better understand their financial picture, LendingTree, the nation’s leading online financial marketplace, launched a cash giveaway for users that link their bank accounts to the free LendingTree platform. All LendingTree users with a linked bank account will have a chan…
July 21, 2021
LendingTree Ranks Best US Metros for First-time Homebuyers
LendingTree®, the nation’s leading online loan marketplace, released its annual ranking of the nation’s 50 largest metropolitan areas by how friendly they are for those buying their first home. LendingTree considered the following factors in its ranking: average down payment, average down payment pe…
June 14, 2021
60% of Concertgoers Plan to Spend Extra to Help Musicians Recover From the Pandemic
After more than a year of quarantines, masks and vigorous hand sanitizer use, many are eagerly planning for a return to normal life. For music lovers, that means getting back to their concert- and festival-going ways. A recent report from LendingTree found that 25% of Americans plan on going to a co…
June 01, 2021
LendingTree, Inc. to Present at the Evercore ISI Technology, Media, and Telecom Conference
LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announced that it will participate in the Evercore ISI Technology, Media, and Telecom Conference taking place on June 7-9, 2021. Trent Ziegler, CFO, and J.D. Moriarty, Pre…
LendingTree Frequently Asked Questions
When was LendingTree founded?
LendingTree was founded in 1996.
Who are LendingTree key executives?
LendingTree's key executives are Douglas Lebda, Neil Salvage and Jill Olmstead.
How many employees does LendingTree have?
LendingTree has 1,303 employees.
What is LendingTree revenue?
Latest LendingTree annual revenue is $910 m.
What is LendingTree revenue per employee?
Latest LendingTree revenue per employee is $698.4 k.
Who are LendingTree competitors?
Competitors of LendingTree include Biz2X, Upgrade and Opploans.
Where is LendingTree headquarters?
LendingTree headquarters is located at 1415 Vantage Park Drive Suite 700, Charlotte.
Where are LendingTree offices?
LendingTree has offices in Charlotte, Fort Mill, San Mateo and Tahlequah.
How many offices does LendingTree have?
LendingTree has 5 offices.
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