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 2.6× (Sep '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.4× (Sep '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?
As of Sep '26, Lendingtree, Inc. traded at a price-to-earnings ratio of about 2.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.