15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.2% per year over the past 5 years.
Operating margin has expanded, at 5.8% in the latest year.
Free cash flow has grown 24.4% per year over the past 5 years.
Financial health
Total debt ($392M) exceeds cash ($81M); net debt is $311M.
Total debt has grown slower than revenue (-8.5% vs 4.2% per year).
Total debt is 4.8× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.1B
$151M
31.5%
5.8%
52.7%
17.6%
$61M
$392M
$81M
2024
$900M
-$42M
34.4%
5.0%
-38.6%
-5.5%
$51M
$469M
$107M
2023
$673M
-$122M
43.1%
-6.0%
-98.3%
-15.2%
$55M
$529M
$112M
2022
$985M
-$188M
37.5%
-3.3%
-90.4%
-15.7%
$32M
$816M
$299M
2021
$1.1B
$69M
37.4%
0.7%
15.4%
5.3%
—
$644M
$251M
2020
$910M
-$48M
40.6%
-0.7%
-13.2%
-4.1%
—
$611M
$170M
2019
$1.1B
—
39.1%
4.6%
0.0%
0.0%
—
$339M
$60M
2018
$765M
—
39.9%
7.3%
0.0%
0.0%
—
$376M
$105M
2017
$618M
—
40.7%
5.4%
0.0%
0.0%
—
$238M
$369M
2016
$384M
—
96.4%
13.6%
0.0%
0.0%
—
$0
$91M
2015
$254M
—
96.3%
11.2%
0.0%
0.0%
—
—
$207M
2014
$167M
—
95.3%
-0.6%
0.0%
0.0%
—
—
$86M
2013
$139M
—
95.3%
-0.8%
0.0%
0.0%
—
—
$92M
2012
$77M
—
94.5%
-3.7%
0.0%
0.0%
—
—
$80M
2011
$55M
—
92.4%
-111.9%
0.0%
0.0%
—
—
$46M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$313M
$10M
28.3%
7.0%
3.0%
1.1%
$26M
$390M
$111M
Mar '26
$327M
$17M
30.8%
9.5%
5.7%
2.0%
$9M
$391M
$86M
Dec '25
$320M
$145M
29.2%
7.0%
50.4%
16.9%
$14M
$392M
$81M
Sep '25
$308M
$10M
30.7%
9.3%
7.7%
1.3%
$26M
$392M
$69M
Jun '25
$250M
$9M
34.0%
8.4%
7.5%
1.1%
$25M
$491M
$149M
Mar '25
$240M
-$12M
32.9%
-3.0%
-11.9%
-1.6%
-$4M
$494M
$126M
Dec '24
$262M
$8M
33.6%
6.9%
6.9%
1.0%
$13M
$469M
$107M
Sep '24
$261M
-$58M
30.2%
3.8%
-61.5%
-7.4%
$42M
$472M
$97M
Jun '24
$210M
$8M
34.5%
4.6%
5.3%
1.0%
-$8M
$483M
$67M
Mar '24
$168M
$1M
42.0%
4.3%
0.8%
0.1%
$3M
$646M
$231M
Dec '23
$134M
$13M
46.3%
-0.2%
10.2%
1.6%
$18M
$529M
$112M
Sep '23
$155M
-$148M
44.5%
-21.9%
-144.7%
-16.8%
$13M
$628M
$176M
Jun '23
$182M
-$115000
43.0%
3.6%
-0.0%
-0.0%
$13M
$628M
$163M
Mar '23
$201M
$13M
39.9%
-6.5%
5.8%
1.3%
$11M
$628M
$150M
Dec '22
$202M
-$10M
41.3%
-3.6%
-5.0%
-0.9%
—
$816M
$299M
Sep '22
$238M
-$159M
38.8%
-7.8%
-76.8%
-13.1%
$8M
$816M
$286M
Jun '22
$262M
-$8M
35.8%
-1.5%
-2.3%
-0.6%
$3M
$816M
$279M
Mar '22
$283M
-$11M
35.1%
-1.0%
-3.2%
-0.8%
$7M
$734M
$197M
Dec '21
$258M
$48M
37.0%
-3.1%
10.7%
3.7%
—
$644M
$251M
Sep '21
$297M
-$4M
38.0%
2.5%
-1.0%
-0.3%
—
$636M
$215M
Valuation over time
How the market has priced TREE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 4.9× (Dec '25) to 2.5× (Nov '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.3× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is TREE growing its revenue and profit?
Over the past 5 years, Lendingtree, Inc.'s revenue has grown 4.2% per year. These are computed facts, not advice.
How much debt does TREE have?
As of FY2025, Lendingtree, Inc. reported $392M of total debt against $81M of cash.
What is TREE's profit margin?
In FY2025, gross margin was 31.5%, operating margin 5.8%, and net margin 13.5%.
What is TREE's P/E ratio?
Lendingtree, Inc.'s P/E (TTM) is 2.09 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TREE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 2.5× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.