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.

TypePublic
Founded1996
HQCharlotte, NC, US
Websitelendingtree.com
Employee Ratings3.6
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2020)1,303(+19%)
Job Openings38
Revenue (FY, 2020)$910 M(-17%)
Share Price (Oct 2021)$154.1(+2%)
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Key People/Management at LendingTree

Douglas Lebda

Douglas Lebda

Chairman, CEO and Company Founder
Neil Salvage

Neil Salvage

President
Jill Olmstead

Jill Olmstead

Chief Human Resources Officer
Arun Sankaran

Arun Sankaran

Chief Information Security Officer
Adithya Yaga

Adithya Yaga

Chief Strategy Officer
Steven Ozonian

Steven Ozonian

Lead Independent Director
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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
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LendingTree Financials and Metrics

LendingTree Revenue

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View revenue for all periods
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
USDFY, 2018FY, 2019FY, 2020

Revenue

764.9m1.1b910.0m

Revenue growth, %

24%45%(18%)

Cost of goods sold

36.4m68.4m54.5m

Gross profit

728.5m1.0b855.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

181.0m184.1m197.1m262.4m278.4m310.6m283.1m184.3m220.3m272.8m

Cost of goods sold

5.7m6.0m10.8m17.7m16.3m17.7m14.3m13.5m13.2m13.9m

Gross profit

175.3m178.1m186.2m244.7m262.1m292.9m268.8m170.9m207.0m258.9m

Gross profit Margin, %

97%97%95%93%94%94%95%93%94%95%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

105.1m60.2m169.9m

Accounts Receivable

91.1m113.5m89.8m

Prepaid Expenses

16.4m15.5m27.9m

Current Assets

234.2m189.4m296.4m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

96.5m17.8m(48.3m)

Depreciation and Amortization

31.5m66.2m67.3m

Cash From Operating Activities

123.9m157.2m111.3m

Purchases of PP&E

(14.9m)(20.0m)(42.1m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

31.5m74.1m99.8m(512.0k)11.7m16.0m14.4m(15.4m)(40.0m)19.0m

Depreciation and Amortization

5.8m11.6m19.4m15.9m32.7m49.2m17.1m34.4m51.1m3.7m

Cash From Operating Activities

17.7m15.3m60.2m23.3m67.9m110.9m29.3m87.9m96.2m8.9m

Purchases of PP&E

(3.5m)(6.7m)(10.6m)(5.0m)(9.8m)(15.2m)(4.2m)(9.1m)(20.4m)(10.6m)
USDQ1, 2018

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
Show all financial metrics

LendingTree Operating Metrics

Sep, 2018FY, 2018FY, 2019FY, 2020May, 2021

App Downloads

8.8 m

Domain Names Registered

1.5 k1.5 k1.6 k

Partners

500550800800

Trademarks

28
Show all operating metrics

LendingTree Acquisitions / Subsidiaries

Company NameDateDeal Size
ValuePenguinDecember 21, 2018
QuoteWizardOctober 05, 2018$370 m
Student Loan HeroJuly 17, 2018$60 m
Ovation Credit Services, Inc.May 11, 2018
SnapCapSeptember 19, 2017$21 m
MagnifyMoneyJune 20, 2017
DepositAccounts.comJune 15, 2017$33 m
DepositAccountsJune 14, 2017
CompareCardsNovember 16, 2016
ValoreJune 29, 2016
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LendingTree Revenue Breakdown

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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

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LendingTree Company Culture

  • Overall Culture

    B-

    70/100

  • CEO Rating

    A

    78/100

  • Compensation

    C

    65/100

  • Diversity

    C+

    70/100

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LendingTree News and Updates

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...

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

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

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…

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.

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…
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LendingTree Blogs

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 …

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 …

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…

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…

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…

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…
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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.