BNR vs. LADR

Last updated Apr 2, 2026

Compare and contrast key facts about Burning Rock Biotech Limited (BNR) and Ladder Capital Corp (LADR).

Performance

BNR vs. LADR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Burning Rock Biotech Limited (BNR) and Ladder Capital Corp (LADR). The values are adjusted to include any dividend payments, if applicable.

BNR vs. LADR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BNR Burning Rock Biotech Limited	-19.11%	198.52%	-27.42%	-58.67%	-76.39%	-58.74%	-6.21%
LADR Ladder Capital Corp	-9.44%	6.69%	5.53%	25.22%	-8.95%	31.28%	24.52%

Fundamentals

Market Cap BNR : $17.08M LADR : $1.23B
EPS BNR : -$51.67 LADR : $0.38
PS Ratio BNR : 0.03 LADR : 3.17
PB Ratio BNR : 0.03 LADR : 0.83
Total Revenue (TTM) BNR : $537.82M LADR : $387.43M
Gross Profit (TTM) BNR : $401.55M LADR : $310.84M
EBITDA (TTM) BNR : -$26.17M LADR : $271.56M

Returns By Period

In the year-to-date period, BNR achieves a -19.11% return, which is significantly lower than LADR's -9.44% return.

BNR

• 1D: 1.05%
• 1M: -36.43%
• YTD: -19.11%
• 6M: 88.00%
• 1Y: 275.58%
• 3Y*: -16.60%
• 5Y*: -43.88%
• 10Y*: —

LADR

• 1D: -0.51%
• 1M: -4.94%
• YTD: -9.44%
• 6M: -6.46%
• 1Y: -7.06%
• 3Y*: 9.80%
• 5Y*: 4.43%
• 10Y*: 6.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BNR vs. LADR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNR

BNR Risk / Return Rank: 89
BNR Sharpe Ratio Rank: 90
BNR Sortino Ratio Rank: 90
BNR Omega Ratio Rank: 87
BNR Calmar Ratio Rank: 91
BNR Martin Ratio Rank: 89

LADR

LADR Risk / Return Rank: 23
LADR Sharpe Ratio Rank: 25
LADR Sortino Ratio Rank: 22
LADR Omega Ratio Rank: 22
LADR Calmar Ratio Rank: 25
LADR Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNR vs. LADR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Burning Rock Biotech Limited (BNR) and Ladder Capital Corp (LADR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BNR	LADR	Difference
Sharpe ratio Return per unit of total volatility	2.04	-0.35	+2.39
Sortino ratio Return per unit of downside risk	2.87	-0.33	+3.20
Omega ratio Gain probability vs. loss probability	1.36	0.96	+0.40
Calmar ratio Return relative to maximum drawdown	4.30	-0.49	+4.78
Martin ratio Return relative to average drawdown	10.25	-1.05	+11.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNR vs. LADR - Sharpe Ratio Comparison

The current BNR Sharpe Ratio is 2.04, which is higher than the LADR Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of BNR and LADR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BNR	LADR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	-0.35	+2.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	0.18	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.39	0.09	-0.48

Correlation

The correlation between BNR and LADR is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BNR vs. LADR - Dividend Comparison

BNR has not paid dividends to shareholders, while LADR's dividend yield for the trailing twelve months is around 9.47%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNR Burning Rock Biotech Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LADR Ladder Capital Corp	9.47%	8.37%	8.22%	7.99%	8.76%	6.67%	9.61%	7.54%	9.92%	8.91%	9.37%	17.91%

Drawdowns

BNR vs. LADR - Drawdown Comparison

The maximum BNR drawdown since its inception was -99.41%, which is greater than LADR's maximum drawdown of -81.63%. Use the drawdown chart below to compare losses from any high point for BNR and LADR.

Drawdown Indicators

	BNR	LADR	Difference
Max Drawdown Largest peak-to-trough decline	-99.41%	-81.63%	-17.78%
Max Drawdown (1Y) Largest decline over 1 year	-61.03%	-14.68%	-46.35%
Max Drawdown (5Y) Largest decline over 5 years	-99.38%	-26.97%	-72.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-81.63%	—
Current Drawdown Current decline from peak	-95.88%	-13.59%	-82.29%
Average Drawdown Average peak-to-trough decline	-77.70%	-18.43%	-59.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.58%	6.80%	+18.78%

Volatility

BNR vs. LADR - Volatility Comparison

Burning Rock Biotech Limited (BNR) has a higher volatility of 43.20% compared to Ladder Capital Corp (LADR) at 5.34%. This indicates that BNR's price experiences larger fluctuations and is considered to be riskier than LADR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNR	LADR	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.20%	5.34%	+37.86%
Volatility (6M) Calculated over the trailing 6-month period	101.45%	14.10%	+87.35%
Volatility (1Y) Calculated over the trailing 1-year period	136.20%	20.41%	+115.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.97%	25.01%	+72.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.45%	48.27%	+47.18%

Financials

BNR vs. LADR - Profitability Comparison

The chart below illustrates the profitability comparison between Burning Rock Biotech Limited and Ladder Capital Corp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BNR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Burning Rock Biotech Limited reported a gross profit of 97.21M and revenue of 124.57M. Therefore, the gross margin over that period was 78.0%.

LADR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ladder Capital Corp reported a gross profit of 76.96M and revenue of 96.18M. Therefore, the gross margin over that period was 80.0%.

BNR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Burning Rock Biotech Limited reported an operating income of -11.87M and revenue of 124.57M, resulting in an operating margin of -9.5%.

LADR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ladder Capital Corp reported an operating income of 61.24M and revenue of 96.18M, resulting in an operating margin of 63.7%.

BNR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Burning Rock Biotech Limited reported a net income of -15.17M and revenue of 124.57M, resulting in a net margin of -12.2%.

LADR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ladder Capital Corp reported a net income of 29.00K and revenue of 96.18M, resulting in a net margin of 0.0%.