LendingTree, Inc. (TREE) Stock

LendingTree, Inc. (TREE) is a Financials stock trading at $39.07 (as of 2026-07-24), with a market capitalization of $545.14M and a trailing P/E of 22.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

LendingTree, Inc. operates an online consumer financial marketplace in the United States with segments including Home (mortgages, home equity credit, and real estate brokerage), Consumer (credit products such as credit cards and personal and auto loans, plus related services), and Insurance (insurance information and quote and matching services). It also operates websites such as Student Loan Hero, QuoteWizard, ValuePenguin, and Stash.

Understand LendingTree, Inc.: how it makes money

LendingTree runs an online consumer platform that matches people in the United States with financial products, and it makes money from segment revenue in Home (mortgage, home equity, brokerage), Consumer (credit cards, personal and other loans, deposit accounts), and Insurance.

LendingTree’s profit model is driven by how effectively it turns consumer interest into product transactions across its Insurance and lending-related Home and Consumer segments, while variable marketing spending expands or contracts with the level of lead generation.

Revenue by segment (latest quarter)
Insurance	$0.2B
Consumer	$0.1B
Home	$0.0B

Business quality (Solid): Good segment-level revenue visibility across the three reportable segments, and a set of operating KPIs related to marketing and lead conversion. However, the provided data does not include a full set of conversion metrics across all products or any funding or loss-detail metrics that could explain operating margin movements in the quarter.

Valuation: At 3× earnings, TREE trades 77% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Largest revenue pool: The Insurance segment is the biggest source of revenue in the provided segment figures.
Multiple monetization channels: The platform serves three segments, Home, Consumer, and Insurance, which can diversify how consumer demand shows up in revenue.

Bear case

Marketing spend sensitivity: Because variable marketing dollars are an explicit operating KPI, profitability can be pressured if marketing costs rise faster than the resulting transaction-driven revenue.
Credit and lead activity volatility: Metrics tied to mortgage activity and consumer approvals, such as mortgage disclosures and pre-approved approval rates, suggest revenue can be sensitive to changes in consumer and lender behavior.

Valuation — source: SEC EDGAR (first-party)
Price	$39.07
Market Cap	$545.14M
P/E Ratio	22.8
EV / EBITDA	9.4
Price / Book	1.79
Price / Sales	0.48
FCF Yield	13.6%
DCF Value (model)	$201.22
DCF Upside vs Price	415.0%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.12B
Net Margin	13.5%
Revenue Growth (YoY)	36.5%
EPS Growth (YoY)	-235.9%
FCF Growth (YoY)	-342.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.06 (distress)
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	22.8
Sector P/E (Financials)	15.4
Industry P/E (Banking)	13.4
vs Sector	48.1%
vs Industry	69.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)	4
Top Institutional Holder	BlackRock Fund Advisors ($53.76M)
Institutional Holders Tracked	10
Congressional Trades (recent)	7

Company
Sector	Financials
Industry	Banking
CEO	Scott Peyree
Employees	927
Country	US
IPO Date	2008-08-12

Related Companies (Business model: Specialty Finance / Lending; 8 closest by market cap; US-domiciled)

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.