insiderdelta
CoverageForm 410-K10-Q8-K13D13G13F

WD · Walker & Dunlop, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · WD

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AnnualQuarterly

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$1.23B$1.13B$1.05B$1.26B$1.26B$1.08B
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses$1.16B$1.00B$916.24M$993.79M$907.12M$753.44M
D&A$238.68M$237.55M$226.75M$235.03M$210.28M$169.01M
Operating Income$79.00M$131.50M$138.20M$264.96M$330.27M$330.27M
Interest Expense$64.72M$69.69M$32.78M$34.23M$7.98M$8.55M
Income Tax$22.01M$30.54M$35.03M$56.03M$86.43M$84.31M
Net Income$56.25M$108.17M$107.36M$213.82M$265.76M$246.18M
EPS - Basic$1.65$3.19$3.20$6.43$8.27$7.85
EPS - Diluted$1.64$3.19$3.18$6.36$8.15$7.69

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$299.31M$279.27M$328.70M$225.95M$305.63M$321.10M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$5.06B$4.38B$4.05B$4.05B$5.21B$4.65B
Current Liabilities------
Long-term Debt------
Total Liabilities$3.31B$2.62B$2.31B$2.33B$3.63B$3.45B
Stockholders' Equity$1.74B$1.75B$1.72B$1.69B$1.55B$1.20B
Retained Earnings$1.28B$1.32B$1.30B$1.28B$1.15B$952.94M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($664.31M)$129.36M($518.0K)$1.58B$870.46M($1.41B)
Investing Cash Flow($77.34M)($38.13M)$126.87M($133.78M)($377.55M)$115.18M
Financing Cash Flow$758.13M($154.73M)$6.77M($1.58B)($457.73M)$1.52B
CapEx$15.77M$12.96M$16.20M$22.00M$9.21M$2.98M
Free Cash Flow($680.08M)$116.40M($16.72M)$1.56B$861.25M($1.41B)

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin6.4%11.6%13.1%21.0%26.2%30.5%
EBITDA margin25.7%32.6%34.6%39.7%42.9%46.1%
Net margin4.6%9.6%10.2%17.0%21.1%22.7%
Free cash flow margin-55.1%10.3%-1.6%124.0%68.4%-130.5%
FCF / Net income-12.091.08-0.167.303.24-5.75
R&D / Revenue------
SG&A / Revenue------
Effective tax rate28.1%22.0%24.6%20.8%24.5%25.5%
Return on assets1.1%2.5%2.6%5.3%5.1%5.3%
Return on equity3.2%6.2%6.2%12.7%17.1%20.6%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage1.2x1.9x4.2x7.7x41.4x38.6x
Equity multiplier2.922.512.352.393.363.89
Liabilities / Assets0.650.600.570.580.700.74
Efficiency
Asset turnover0.240.260.260.310.240.23
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E36.7x30.5x34.9x12.3x18.5x12.0x
P / B1.2x1.8x2.1x1.5x3.1x2.4x
P / S1.6x2.8x3.5x2.0x3.8x2.6x
EV / EBITDA5.4x8.0x9.1x4.7x8.2x5.1x
Growth
Revenue growth (YoY)9.0%7.4%-16.2%-0.0%16.2%32.6%
Revenue CAGR (3y)-0.7%-3.5%-0.9%15.5%20.2%15.0%
Revenue CAGR (5y)2.6%6.7%7.8%12.1%17.0%18.3%
Gross profit growth (YoY)------
Operating income growth (YoY)-39.9%-4.8%-47.8%-19.8%0.0%43.4%
Net income growth (YoY)-48.0%0.8%-49.8%-19.5%8.0%42.0%
EPS growth (YoY)-48.6%0.3%-50.0%-22.0%6.0%41.1%
EPS CAGR (3y)-36.4%-26.9%-25.5%5.3%18.0%5.4%
EPS CAGR (5y)-26.6%-10.2%-8.5%-0.6%17.4%23.7%
FCF growth (YoY)---81.2%--
FCF CAGR (5y)--22.7%-15.7%2.6%-
Book value growth (YoY)-0.7%1.4%2.0%9.0%29.6%15.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$1.23B total
Capital Markets$646.95M · 52.4%
Servicing And Asset Management$566.56M · 45.9%
Corporate$20.79M · 1.7%

Product / service

$1.46B total
Loan Origination And Debt Brokerage Fees Net$342.15M · 23.4%
Servicing Fees$337.44M · 23.1%
Fair Value Of Expected Future Cash Flows From Servicing Rights Net$179.68M · 12.3%
Escrow Earnings And Other Interest Income$152.58M · 10.4%
Loan Origination Fees$125.92M · 8.6%
Product And Service Other$109.79M · 7.5%
Property Sales Broker Fees$83.52M · 5.7%
Application Fees Subscription Revenues Other Revenues From Lihtc Operations And Other Revenues$75.89M · 5.2%
Investment Management Fees$34.63M · 2.4%
Asset Management1$26.20M · 1.8%
Net Warehouse Interest Income Expense Net($5.49M) · -0.4%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

2/9
Weak
  • ✓Net income positive
  • ✗Operating cash flow positive
  • ✗ROA improved YoY
  • ✗Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • ✓No share dilution
  • -Gross margin improved
  • ✗Asset turnover improved

Peer comparison

Same SIC group: Finance Services

CompanyRevenue (last FY)Net marginROE
SYF--21.2%
COIN$7.18B17.6%8.5%
LDI$1.19B-5.3%-16.2%
UPST$1.04B5.1%6.7%
AXP$72.23B15.0%32.4%

Comparing Walker & Dunlop against the 5 most active filers in the same SIC group.

Dividends

$2.70/share trailing 12 months · +2.3% YoY

Ex-datePer share
May 21, 2026$0.6800
Mar 13, 2026$0.6800
Nov 21, 2025$0.6700
Aug 21, 2025$0.6700
May 15, 2025$0.6700
Feb 28, 2025$0.6700
Nov 22, 2024$0.6500
Aug 22, 2024$0.6500
May 15, 2024$0.6500
Feb 29, 2024$0.6500
Nov 22, 2023$0.6300
Aug 16, 2023$0.6300
May 17, 2023$0.6300
Mar 7, 2023$0.6300
Nov 23, 2022$0.6000
Aug 17, 2022$0.6000
May 18, 2022$0.6000
Feb 18, 2022$0.6000
Nov 18, 2021$0.5000
Aug 18, 2021$0.5000
May 19, 2021$0.5000
Feb 19, 2021$0.5000
Nov 12, 2020$0.3600
Aug 20, 2020$0.3600