Walker & Dunlop
WD
33.89
-0.07
-0.21%
Walker & Dunlop
US · WD
#3145 by market cap
33.89
-0.07
-0.21%
Live - 5344 symbols - heartbeat 407s ago
· 2026-10-08 10:09
Pre-market
34.28
+0.94%
After-hours
33.96
0.00%
- Market cap
- 1.16B
- P/E (TTM)i
- 30.26
- P/Bi
- 0.68
- EPSi
- 1.64
- Div yieldi
- 7.97%
- 52W posi
- 2%
Reader sentiment
Are you bullish or bearish on WD?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.45, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +8.99% YoY
Margins
- Gross margin
- 42.27%
- Operating margin
- 8.71%
- Net margin
- 4.45%
Key ratios & quality
- Enterprise valuei
- 3.23B
- Altman Z-Scorei
- 1.45
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 725.25M | 817.22M | 1.08B | 1.26B | 1.26B | 1.05B | 1.13B | 1.23B |
| Gross profit | 417.81M | 456.69M | 606.34M | 647.71M | 617.15M | 471.67M | 503.56M | 521.78M |
| Selling & admin expenses | 50.45M | 59.30M | 60.02M | 72.97M | 108.99M | 97.25M | 106.97M | 107.17M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 212.85M | 230.35M | 330.27M | 358.95M | 251.45M | 137.09M | 115.36M | 107.50M |
| Pretax profit | 212.85M | 230.35M | 330.27M | 352.06M | 264.97M | 138.20M | 131.50M | 79.00M |
| Tax | 51.91M | 57.12M | 84.31M | 86.43M | 56.03M | 35.03M | 30.54M | 22.01M |
| Net profit | 160.94M | 173.23M | 245.95M | 265.63M | 208.93M | 103.17M | 100.96M | 56.99M |
| Basic EPS | 5 | 6 | 8 | 8 | 6 | 3 | 3 | 2 |
| Diluted EPS | 4.96 | 5.45 | 7.69 | 8.15 | 6.36 | 3.18 | 3.19 | 1.64 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 237.37M | 319.24M | 337.68M | 340.02M | 301.33M | 306.69M |
| Gross profit | 100.46M | 140.59M | 143.81M | 136.93M | 133.60M | 128.52M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 5.24M | 46.37M | 45.94M | 9.95M | 25.95M | 2.07M |
| Pretax profit | 5.24M | 46.37M | 45.94M | -18.56M | 25.95M | 2.07M |
| Tax | 2.52M | 12.43M | 12.52M | -5.45M | 8.02M | -764.00K |
| Net profit | 2.73M | 33.95M | 33.42M | -13.11M | 17.93M | 2.84M |
| Basic EPS | 0 | 1 | 1 | 0 | 0 | 0 |
| Diluted EPS | 0.08 | 0.99 | 0.98 | -0.41 | 0.46 | 0.09 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.85B | 1.63B | 3.35B | 2.88B | 1.30B | 1.49B | 1.74B | 2.55B |
| Cash & ST investments | 90.06M | 120.69M | 321.10M | 305.64M | 225.95M | 328.70M | 279.27M | 299.32M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 2.78B | 2.68B | 4.65B | 5.21B | 4.05B | 4.05B | 4.38B | 5.06B |
| Total current liabilities | 20.34M | 8.00M | 14.47M | 125.81M | 200.35M | 113.55M | 125.56M | 128.22M |
| Short-term debt | -- | -- | -- | -- | -- | -- | 95.02M | 118.56M |
| Long-term debt | 1.46B | 1.20B | 2.81B | 2.68B | 1.24B | 1.37B | 1.55B | 2.25B |
| Total liabilities | 1,874,865,000.00 | 1,632,914,000.00 | 3,454,753,000.00 | 3,627,782,000.00 | 2,328,530,000.00 | 2,306,218,000.00 | 2,622,130,000.00 | 3,313,616,000.00 |
| Total equity | 907.19M | 1.04B | 1.20B | 1.58B | 1.72B | 1.75B | 1.76B | 1.75B |
| Retained earnings | 666.75M | 796.78M | 952.94M | 1.15B | 1.28B | 1.30B | 1.32B | 1.28B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.75B | 2.03B | 3.11B | 2.55B | 3.43B | 2.28B |
| Cash & ST investments | 180.97M | 233.71M | 274.83M | 299.32M | 192.53M | 160.86M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 4.51B | 4.68B | 5.80B | 5.06B | 6.17B | 4.89B |
| Total current liabilities | -- | -- | -- | 128.22M | -- | -- |
| Short-term debt | -- | -- | -- | 118.56M | -- | -- |
| Long-term debt | 1.76B | 1.99B | 3.01B | 2.25B | 3.36B | 2.21B |
| Total liabilities | 2,767,789,000.00 | 2,913,242,000.00 | 4,019,809,000.00 | 3,313,616,000.00 | 4,431,674,000.00 | 3,172,852,000.00 |
| Total equity | 1.74B | 1.76B | 1.78B | 1.75B | 1.73B | 1.72B |
| Retained earnings | 1.30B | 1.31B | 1.32B | 1.28B | 1.27B | 1.24B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 64.08M | 427.56M | -1.41B | 870.46M | 1.58B | -518.00K | 129.36M | -664.31M |
| Depreciation & amortization | 142.13M | 152.47M | 169.01M | 210.28M | 235.03M | 226.75M | 237.55M | 238.68M |
| Free cash flow | 59.35M | 422.85M | -1.41B | 861.25M | 1.56B | -16.72M | 116.40M | -680.08M |
| Dividends paid | -31.45M | -37.27M | -45.35M | -64.45M | -80.15M | -84.84M | -88.63M | -91.80M |
| Stock buybacks / issuance | -59.88M | -25.17M | -31.75M | -13.62M | -42.37M | -20.51M | -12.38M | -10.45M |
| Ending cash balance | 120.35M | 136.57M | 358.00M | 393.18M | 258.28M | 391.40M | 327.90M | 344.38M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -281.11M | -238.45M | -948.12M | 803.37M | -1.14B | 1.17B |
| Depreciation & amortization | 57.62M | 58.94M | 60.04M | 62.08M | 62.96M | 60.70M |
| Free cash flow | -284.74M | -241.02M | -950.43M | 796.10M | -1.15B | 1.17B |
| Dividends paid | -22.94M | -22.92M | -22.97M | -22.97M | -23.61M | -23.55M |
| Stock buybacks / issuance | -8.59M | -645.00K | -1.04M | -183.00K | -19.10M | -298.00K |
| Ending cash balance | 229.43M | 292.77M | 337.87M | 344.38M | 234.43M | 203.91M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 18.19 | 17.31 | 21.40 | 18.71 | 12.82 | 6.13 | 6.09 | 3.15 |
| ROA %i | 6.24 | 6.15 | 6.52 | 5.21 | 4.49 | 2.58 | 2.51 | 1.16 |
| ROIC %i | 7.29 | 7.30 | 7.65 | 6.24 | 5.73 | 3.37 | 3.20 | 1.42 |
| 5-year avg ROE %i | 19.34 | 20.34 | 21.06 | 20.83 | 17.69 | 15.28 | 13.03 | 9.38 |
| EBIT margin %i | 29.35 | 28.19 | 30.48 | 27.96 | 21.05 | 13.06 | 10.08 | 8.71 |
| FCF / sales %i | 8.18 | 51.74 | -- | 68.40 | 123.99 | -- | 10.28 | -- |
| Current ratioi | 90.94 | 204.33 | 231.76 | 22.86 | 6.48 | 13.15 | 13.85 | 19.91 |
| Quick ratioi | 84.20 | 188.02 | 220.93 | 20.65 | 5.12 | 10.54 | 11.38 | 17.41 |
| Debt / assetsi | 52.39 | 44.86 | 60.39 | 52.08 | 32.66 | 36.30 | 39.99 | 48.88 |
| LT debt / equityi | 161.55 | 115.87 | 234.80 | 174.90 | 78.21 | 85.33 | 94.82 | 135.79 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | 15.70 | 12.41 | 15.04 | 20.19 | 15.49 | -0.91 | -3.47 | -0.65 |
| Net income CAGR (3Y) %i | 25.27 | 15.03 | 5.25 | 18.08 | 7.24 | -24.17 | -25.89 | -35.61 |
| FCF CAGR (3Y) %i | -- | -17.64 | -- | 143.91 | 54.54 | -- | -48.68 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.62 | 6.26 | 6.46 | 3.15 | 3.91 | 2.16 |
| ROA %i | 2.32 | 2.44 | 2.16 | 1.16 | 1.26 | 0.78 |
| ROIC %i | 2.98 | 3.08 | 2.72 | 1.42 | 1.57 | 0.98 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 9.26 | 10.41 | 10.82 | 8.71 | 9.88 | 6.53 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | -- | -- | -- | 19.91 | -- | -- |
| Quick ratioi | -- | -- | -- | 17.41 | -- | -- |
| Debt / assetsi | 38.93 | 42.48 | 51.84 | 48.88 | 54.51 | 45.06 |
| LT debt / equityi | 101.41 | 113.48 | 170.20 | 135.79 | 195.30 | 129.12 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Capital Markets (CM) is the largest reported line at 55.03% of revenue, across 3 reported segments.
- Servicing & Asset Management (SAM) follows at 43.56%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Capital Markets (CM)55.03%
Servicing & Asset Management (SAM)43.56%
Corporate1.41%
Quote time 2026-10-08 10:09:46 · For reference only, not investment advice and not tailored to your situation.