8-K Announcements
6Mar 10, 2026·SEC
Mar 4, 2026·SEC
Feb 26, 2026·SEC
Walker & Dunlop, Inc. (WD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Walker & Dunlop, Inc. (WD) stock price & volume — 10-year historical chart
Walker & Dunlop, Inc. (WD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Walker & Dunlop, Inc. (WD) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.28vs $1.23-77.2% | $340Mvs $344M-1.1% |
| Q4 2025 | Nov 6, 2025 | $1.22vs $1.21+0.8% | $338Mvs $344M-1.7% |
| Q3 2025 | Aug 7, 2025 | $1.15vs $1.29-10.9% | $296Mvs $317M-6.6% |
| Q2 2025 | May 1, 2025 | $0.85vs $0.69+23.2% | $237Mvs $278M-14.6% |
Walker & Dunlop, Inc. (WD) competitors in Commercial and multifamily mortgage lenders — business model, growth, and fundamentals comparison
Walker & Dunlop, Inc. (WD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Walker & Dunlop, Inc. (WD) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -9.74M | -10.13M | -14.36M | -8.55M | -7.98M | 0 | 0 | 0 | -5.49M |
| NII Growth % | 1.08% | -3.95% | -41.75% | 40.46% | 6.65% | 100% | - | - | - |
| Net Interest Margin % | -0.44% | -0.36% | -0.54% | -0.18% | -0.15% | 0% | 0% | 0% | -0.11% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 9.74M | 10.13M | 14.36M | 8.55M | 7.98M | 0 | 0 | 0 | 5.49M |
| Loan Loss Provision | 289.28M | 297.3M | 346.17M | 468.82M | 603.49M | 641.6M | 582.77M | 628.93M | 471.87M |
| Non-Interest Income | 711.86M | 725.25M | 817.22M | 1.08B | 1.26B | 1.26B | 1.05B | 1.13B | 1.23B |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Total Revenue | 711.86M▲ 0% | 725.25M▲ 1.9% | 817.22M▲ 12.7% | 1.08B▲ 32.6% | 1.26B▲ 16.2% | 1.26B▼ 0.0% | 1.05B▼ 16.2% | 1.13B▲ 7.4% | 1.23B▲ 9.0% |
| Revenue Growth % | 23.74% | 1.88% | 12.68% | 32.61% | 16.19% | -0.03% | -16.23% | 7.4% | 8.99% |
| Non-Interest Expense | 179.17M | 204.96M | 226.34M | 276.07M | 295.65M | 352.19M | 333.48M | 372.06M | 543.88M |
| Efficiency Ratio | 25.17% | 28.26% | 27.7% | 25.47% | 23.48% | 27.98% | 31.63% | 32.85% | 44.06% |
| Operating Income | 233.66M▲ 0% | 212.85M▼ 8.9% | 230.35M▲ 8.2% | 330.27M▲ 43.4% | 352.06M▲ 6.6% | 264.96M▼ 24.7% | 138.2M▼ 47.8% | 131.5M▼ 4.8% | 213.07M▲ 62.0% |
| Operating Margin % | 32.82% | 29.35% | 28.19% | 30.48% | 27.96% | 21.05% | 13.11% | 11.61% | 17.26% |
| Operating Income Growth % | 25.77% | -8.91% | 8.22% | 43.38% | 6.6% | -24.74% | -47.84% | -4.85% | 62.03% |
| Pretax Income | 233.66M▲ 0% | 212.85M▼ 8.9% | 230.35M▲ 8.2% | 330.27M▲ 43.4% | 352.06M▲ 6.6% | 264.96M▼ 24.7% | 138.2M▼ 47.8% | 131.5M▼ 4.8% | 79M▼ 39.9% |
| Pretax Margin % | 32.82% | 29.35% | 28.19% | 30.48% | 27.96% | 21.05% | 13.11% | 11.61% | 6.4% |
| Income Tax | 21.83M | 51.91M | 57.12M | 84.31M | 86.43M | 56.03M | 35.03M | 30.54M | 22.01M |
| Effective Tax Rate % | 9.34% | 24.39% | 24.8% | 25.53% | 24.55% | 21.15% | 25.34% | 23.23% | 27.87% |
| Net Income | 211.13M▲ 0% | 161.44M▼ 23.5% | 173.37M▲ 7.4% | 246.18M▲ 42.0% | 265.76M▲ 8.0% | 213.82M▼ 19.5% | 107.36M▼ 49.8% | 108.17M▲ 0.8% | 57.08M▼ 47.2% |
| Net Margin % | 29.66% | 22.26% | 21.21% | 22.72% | 21.11% | 16.99% | 10.18% | 9.55% | 4.62% |
| Net Income Growth % | 85.37% | -23.53% | 7.39% | 41.99% | 7.96% | -19.54% | -49.79% | 0.75% | -47.23% |
| Net Income (Continuing) | 211.83M | 160.94M | 173.23M | 245.95M | 265.63M | 208.93M | 103.17M | 100.96M | 56.98M |
| EPS (Diluted) | 6.56▲ 0% | 5.04▼ 23.2% | 5.45▲ 8.1% | 7.69▲ 41.1% | 8.15▲ 6.0% | 6.36▼ 22.0% | 3.18▼ 50.0% | 3.19▲ 0.3% | 1.64▼ 48.6% |
| EPS Growth % | 79.73% | -23.17% | 8.13% | 41.1% | 5.98% | -21.96% | -50% | 0.31% | -48.59% |
| EPS (Basic) | 7.03 | 5.15 | 5.61 | 7.85 | 8.27 | 6.43 | 3.20 | 3.19 | 1.69 |
| Diluted Shares Outstanding | 32.2M | 32.04M | 30.82M | 31.08M | 31.53M | 32.69M | 32.88M | 33.16M | 33.37M |
Walker & Dunlop, Inc. (WD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 191.22M | 90.06M | 120.69M | 321.1M | 305.63M | 225.95M | 328.7M | 279.27M | 299.31M |
| Cash & Due from Banks | 191.22M | 90.06M | 120.69M | 321.1M | 305.63M | 225.95M | 328.7M | 279.27M | 299.31M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 0 | 0 | 0 | 0 | 164.86M | 198.85M | 215.38M | 207.24M | 241.4M |
| Investments Growth % | - | - | - | - | - | 20.61% | 8.31% | -3.78% | 16.48% |
| Long-Term Investments | 0 | 0 | 0 | 0 | 164.86M | 198.85M | 215.38M | 207.24M | 241.4M |
| Accounts Receivables | 0 | 0 | 52.15M | 65.73M | 212.02M | 202.25M | 233.56M | 335.88M | 0 |
| Goodwill & Intangibles | 759.3M | 847.24M | 901.76M | 1.11B | 1.84B | 2.13B | 1.99B | 1.88B | 1.01B |
| Goodwill | 124.54M | 177.09M | 180.42M | 248.96M | 698.63M | 959.71M | 901.71M | 868.71M | 868.71M |
| Intangible Assets | 634.76M | 670.15M | 721.33M | 864.69M | 1.14B | 1.17B | 1.09B | 1.01B | 141.88M |
| PP&E (Net) | 0 | 0 | 0 | 0 | 97.57M | 94.76M | 119.19M | 128.48M | 0 |
| Other Assets | -2.13B | -2.71B | 139.59M | 184.22M | 231.23M | 319.84M | 234.07M | 428.95M | 0 |
| Total Current Assets | 1.36B | 1.85B | 1.63B | 3.35B | 2.88B | 1.3B | 1.49B | 1.74B | 718.67M |
| Total Non-Current Assets | 852.64M | 930.85M | 1.04B | 1.3B | 2.33B | 2.75B | 2.56B | 2.64B | 1.25B |
| Total Assets | 2.21B▲ 0% | 2.78B▲ 25.9% | 2.68B▼ 3.8% | 4.65B▲ 73.9% | 5.21B▲ 11.9% | 4.05B▼ 22.3% | 4.05B▲ 0.2% | 4.38B▲ 8.1% | 5.06B▲ 15.5% |
| Asset Growth % | -27.65% | 25.89% | -3.77% | 73.86% | 11.93% | -22.29% | 0.17% | 8.13% | 15.46% |
| Return on Assets (ROA) | 8.03% | 6.47% | 6.36% | 6.72% | 5.39% | 4.62% | 2.65% | 2.56% | 1.21% |
| Accounts Payable | 130.48M | 187.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 1.1B | 1.46B | 1.2B | 2.81B | 2.71B | 1.32B | 1.47B | 1.66B | 2.25B |
| Net Debt | 910.41M | 1.37B | 1.08B | 2.49B | 2.41B | 1.1B | 1.14B | 1.38B | 1.95B |
| Long-Term Debt | 1.1B | 296.01M | 1.2B | 2.81B | 2.68B | 1.24B | 1.37B | 1.55B | 0 |
| Short-Term Debt | 0 | 1.16B | 0 | 0 | 0 | 0 | 0 | 0 | 2.25B |
| Other Liabilities | -67.7M | 1.43B | 270.02M | 431.41M | 565.47M | 563.44M | 476.41M | 692.96M | 827.13M |
| Total Current Liabilities | 245M | 331.34M | 8M | 14.47M | 125.81M | 200.35M | 113.55M | 30.54M | 2.25B |
| Total Non-Current Liabilities | 1.15B | 1.54B | 1.62B | 3.44B | 3.5B | 2.13B | 2.19B | 2.59B | 1.06B |
| Total Liabilities | 1.39B | 1.87B | 1.63B | 3.45B | 3.63B | 2.33B | 2.31B | 2.62B | 3.31B |
| Total Equity | 814.98M▲ 0% | 907.19M▲ 11.3% | 1.04B▲ 14.9% | 1.2B▲ 14.8% | 1.58B▲ 31.9% | 1.72B▲ 8.8% | 1.75B▲ 1.7% | 1.76B▲ 0.8% | 1.75B▼ 0.7% |
| Equity Growth % | 32.5% | 11.31% | 14.89% | 14.77% | 31.93% | 8.78% | 1.71% | 0.79% | -0.74% |
| Equity / Assets (Capital Ratio) | 36.9% | 32.63% | 38.96% | 25.72% | 30.32% | 42.44% | 43.09% | 40.16% | 34.53% |
| Return on Equity (ROE) | 29.53% | 18.75% | 17.79% | 21.99% | 19.16% | 12.98% | 6.2% | 6.17% | 3.26% |
| Book Value per Share | 25.31 | 28.31 | 33.82 | 38.48 | 50.05 | 52.52 | 53.11 | 53.08 | 52.35 |
| Tangible BV per Share | 1.73 | 1.87 | 4.56 | 2.66 | -8.19 | -12.75 | -7.45 | -3.56 | 22.07 |
| Common Stock | 300K | 295K | 300K | 307K | 320K | 323K | 329K | 332K | 334K |
| Additional Paid-in Capital | 229.08M | 235.15M | 237.88M | 241M | 393.02M | 412.64M | 425.49M | 429M | 0 |
| Retained Earnings | 579.94M | 666.75M | 796.77M | 952.94M | 1.15B | 1.28B | 1.3B | 1.32B | 1.28B |
| Accumulated OCI | 814.98M | -75K | 737K | 1.97M | 2.56M | -1.57M | -479K | 586K | 1.88M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 579.94M | 666.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Walker & Dunlop, Inc. (WD) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.07B | 64.08M | 427.56M | -1.41B | 870.46M | 1.58B | -518K | 129.36M | -664.31M |
| Operating CF Growth % | 40.58% | -94% | 567.27% | -430.1% | 161.67% | 81.82% | -100.03% | 25072.78% | -613.54% |
| Net Income | 211.83M | 160.94M | 173.23M | 245.95M | 265.63M | 208.93M | 103.17M | 100.96M | -13.9M |
| Depreciation & Amortization | 131.25M | 142.13M | 152.47M | 169.01M | 210.28M | 235.03M | 226.75M | 237.55M | 238.68M |
| Deferred Taxes | -30.96M | 17.48M | 22.01M | 47.16M | 34.22M | 18.44M | 1.2M | -2.5M | -5.83M |
| Other Non-Cash Items | 734.84M | -268.97M | 88.73M | -1.96B | 352.2M | 1.13B | -336.19M | -175.67M | -892.91M |
| Working Capital Changes | -451K | -11.48M | -32.96M | 60.8M | -28.47M | -41.08M | -23.3M | -58.3M | -17.1M |
| Cash from Investing | 97.17M | -552.24M | -79.7M | 115.18M | -377.55M | -133.78M | 126.87M | -38.13M | -77.34M |
| Purchase of Investments | -190.88M | -696.33M | -393.54M | -224.04M | 0 | 0 | 0 | 0 | -71.37M |
| Sale/Maturity of Investments | 119.75M | 82.82M | 0 | 0 | 0 | 0 | 0 | 0 | 26.62M |
| Net Investment Activity | -71.13M | -613.51M | -393.54M | -224.04M | 0 | 0 | 0 | 0 | -44.75M |
| Acquisitions | -31.88M | -89.36M | -65.68M | -72.83M | -520.72M | -140.26M | -24.68M | 0 | 0 |
| Other Investing | 205.39M | 155.35M | 384.22M | 415.03M | 152.38M | 28.48M | 167.75M | -25.17M | -16.82M |
| Cash from Financing | -1.09B | 321.83M | -331.64M | 1.52B | -457.73M | -1.58B | 6.77M | -154.73M | 758.13M |
| Dividends Paid | 0 | -31.45M | -37.27M | -45.35M | -64.45M | -80.14M | -84.84M | -88.63M | -91.8M |
| Share Repurchases | -34.9M | -68.83M | -30.68M | -45.77M | -18.87M | -42.37M | -20.51M | -12.38M | -10.45M |
| Stock Issued | 3.01M | 8.95M | 5.51M | 14.02M | 5.25M | 486K | 3.38M | 0 | 0 |
| Net Stock Activity | -31.89M | -59.88M | -25.16M | -31.75M | -13.62M | -41.88M | -17.13M | -12.38M | -10.45M |
| Debt Issuance (Net) | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 101K | 1000K |
| Other Financing | -3.89M | -12.46M | -10.98M | -16.34M | -12.73M | -26.58M | -31.74M | -53.81M | -15.17M |
| Net Change in Cash | 75.32M▲ 0% | -166.33M▼ 320.8% | 16.22M▲ 109.8% | 221.44M▲ 1265.4% | 35.18M▼ 84.1% | -134.9M▼ 483.5% | 133.12M▲ 198.7% | -63.51M▼ 147.7% | 16.48M▲ 125.9% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 211.36M | 286.68M | 120.35M | 136.57M | 358M | 393.18M | 258.28M | 391.4M | 327.9M |
| Cash at End | 286.68M | 120.35M | 136.57M | 358M | 393.18M | 258.28M | 391.4M | 327.9M | 344.38M |
| Interest Paid | 56.27M | 56.43M | 63.56M | 45.94M | 37.95M | 76.66M | 114.09M | 105.41M | 0 |
| Income Taxes Paid | 45.52M | 45.73M | 39.91M | 29.71M | 43.43M | 58.52M | 30.9M | 32.34M | 0 |
| Free Cash Flow | 1.06B▲ 0% | 59.35M▼ 94.4% | 422.85M▲ 612.4% | -1.41B▼ 434.5% | 861.25M▲ 160.9% | 1.56B▲ 81.2% | -16.72M▼ 101.1% | 116.4M▲ 796.2% | -680.08M▼ 684.3% |
| FCF Growth % | 40.35% | -94.41% | 612.42% | -434.48% | 160.89% | 81.22% | -101.07% | 796.2% | -684.27% |
Walker & Dunlop, Inc. (WD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 20.57% | 29.53% | 18.75% | 17.79% | 21.99% | 19.16% | 12.98% | 6.2% | 6.17% | 3.26% |
| Return on Assets (ROA) | 3.47% | 8.03% | 6.47% | 6.36% | 6.72% | 5.39% | 4.62% | 2.65% | 2.56% | 1.21% |
| Net Interest Margin | -0.32% | -0.44% | -0.36% | -0.54% | -0.18% | -0.15% | 0% | 0% | 0% | -0.11% |
| Efficiency Ratio | 26.45% | 25.17% | 28.26% | 27.7% | 25.47% | 23.48% | 27.98% | 31.63% | 32.85% | 44.06% |
| Equity / Assets | 20.15% | 36.9% | 32.63% | 38.96% | 25.72% | 30.32% | 42.44% | 43.09% | 40.16% | 34.53% |
| Book Value / Share | 19.73 | 25.31 | 28.31 | 33.82 | 38.48 | 50.05 | 52.52 | 53.11 | 53.08 | 52.35 |
| NII Growth | 0.68% | 1.08% | -3.95% | -41.75% | 40.46% | 6.65% | 100% | - | - | - |
| Dividend Payout | - | - | 19.48% | 21.5% | 18.42% | 24.25% | 37.48% | 79.02% | 81.94% | - |
Walker & Dunlop, Inc. (WD) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 10, 2026·SEC
Mar 4, 2026·SEC
Feb 26, 2026·SEC
Walker & Dunlop, Inc. (WD) stock FAQ — growth, dividends, profitability & financials explained
Walker & Dunlop, Inc. (WD) grew revenue by 9.0% over the past year. This is steady growth.
Yes, Walker & Dunlop, Inc. (WD) is profitable, generating $57.0M in net income for fiscal year 2025 (4.6% net margin).
Yes, Walker & Dunlop, Inc. (WD) pays a dividend with a yield of 5.38%. This makes it attractive for income-focused investors.
Walker & Dunlop, Inc. (WD) has a return on equity (ROE) of 3.3%. This is below average, suggesting room for improvement.
Walker & Dunlop, Inc. (WD) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.
Walker & Dunlop, Inc. (WD) has an efficiency ratio of 44.1%. This is excellent, indicating strong cost control.
Walker & Dunlop, Inc. (WD) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates