Walker & Dunlop, Inc.

Walker & Dunlop, Inc.

WD
Walker & Dunlop, Inc.US flagNew York Stock Exchange
53.26
USD
+0.92
- -
1.83BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.45
11.2
15.74
19.55
23.72
24.02
27.32
35.6
40.51
38.94
32.25
34.2
37.01
38.89
Basic EPS, GAAP
1.23
1.6
2.76
3.87
7.03
5.35
5.8
8.09
8.55
6.61
3.28
3.27
1.71
2.14
Free Cash Flow per Basic Share
24.79
-21.83
-44.99
25.8
35.57
2.12
14.29
-46.36
28.01
48.96
-0.02
3.91
-19.92
-45.75
Dividend per Share
- -
- -
- -
- -
- -
1.04
1.25
1.49
2.07
2.48
2.59
2.68
2.75
2.77
Book Value per Share
4.68
6.5
9.15
12.96
19.33
22.09
26.65
31.31
37.15
39.55
39.72
39.81
38.43
37.91
Tangible Book Value per Share
-0.35
-0.59
-0.39
-0.14
1.86
1.99
4.7
2.71
-8.31
-12.89
-7.49
-3.57
-2.19
-2.06
Basic Weighted Avg Shares
34
32
30
29
30
30
30
30
31
32
33
33
33
33
Sales/Revenue/Turnover
319
361
468
575
712
725
817
1,084
1,259
1,259
1,054
1,132
1,234
1,298
Operating Margin (%)
20.93
23.26
28.91
32.29
32.82
29.35
28.19
30.48
28.51
19.98
13
10.19
8.71
9.88
Depreciation Expense
76
80
98
111
131
142
152
169
210
235
227
238
239
244
Net Income, GAAP
42
51
82
114
211
161
173
246
266
214
107
108
57
71
Effective Tax Rate (%)
37.82
38.72
38.98
38.47
9.34
24.39
24.8
25.53
24.55
21.15
25.34
23.23
27.87
27.6
Profit Margin (%)
13.02
14.25
17.54
19.8
29.66
22.26
21.21
22.72
21.11
16.99
10.18
9.55
4.62
5.49
Working Capital
595
1,439
2,896
2,218
1,219
1,829
1,626
3,339
2,750
1,098
1,379
1,614
2,424
3,427
LT Debt
546
1,383
2,814
2,154
1,102
1,457
1,200
2,809
2,711
1,321
1,471
1,657
2,355
3,361
Total Equity
403
433
492
615
815
907
1,042
1,196
1,578
1,717
1,746
1,760
1,746
1,734
Return on Invested Capital (%)
3.37
3.72
3.22
3.76
9.04
7.52
7.52
7.87
6.53
5.41
3.27
2.63
2.01
2.16
Return on Capital (%)
4.42
5.03
3.75
4.25
10.37
8.89
8.92
8.77
7.1
6.71
4.12
3.93
1.67
1.83
Return on Common Equity (%)
30.29
28.01
34.11
34.85
43.91
25.89
23.68
28.13
25.22
17.58
8.33
8.27
4.39
5.56

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
119
- -
LT Borrowings
3,005
2,249
3,361
LT Finance Leases
- -
105
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
2,784
2,006
1,481

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,113
2,552
3,427
Cash, Cash Equivalents & STI
275
299
193
Accounts Receivable, Net
374
419
424
Inventories
- -
- -
- -
Total Current Liabilities
- -
128
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
119
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.08%
8.48%
-0.8%
Free Cash Flow
-2,593.92%
-5,173.24%
-613.54%
Net Income, GAAP
4.21%
-21.57%
-47.23%
Sales/Revenue/Turnover
11.01%
3.26%
8.99%
Total Cash Common Dividend
- -
16.07%
3.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
228
271
292
341
1,132
2025
237
319
338
340
1,234
2026
301
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.68
0.87
1.35
3.27
2025
0.08
1.02
1
-0.39
1.71
2026
0.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
0.67
0.67
0.67
2.68
2025
0.69
0.69
0.69
0.69
2.75
2026
0.71
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
William Mallory Walker
Full Time Employees
1,394
Sector
Financial Services
Industry
Financial - Mortgages
Address
7272 Wisconsin Avenue Bethesda MD United States of America 20814
IPO Date
Dec 15, 2010
Business
Walker & Dunlop, Inc. (NYSE: WD) operates as a leading provider of commercial real estate finance and advisory services, primarily focused on multifamily properties; the company originates, sells, and services loans through government-sponsored enterprises including Fannie Mae, Freddie Mac, and HUD/FHA programs, as well as through life insurance companies, banks, and CMBS conduits; it offers investment sales brokerage for multifamily, office, retail, industrial, seniors housing, student housing, hospitality, land, and data centers; additional services encompass data-driven appraisals and valuation advisory, loan servicing for a $135.3 billion portfolio as of December 2024, investment management with over $10 billion in assets under management, investment banking for housing sector M&A and capital transactions totaling $39.9 billion in volume, and proprietary research reports exceeding 10,000 in number. Founded in 1937 by Oliver M. Walker and Laird Dunlop in Bethesda, Maryland, where it maintains headquarters, Walker & Dunlop conducts operations across the United States through more than 40 offices and has expanded internationally. Recent developments include the 2024 addition of a hospitality property sales and advisory group to serve leisure, business travel, and tourism sectors; the 2025 launch of a London-based EMEA brokerage and capital markets advisory team led by Claudio V.R. Sgobba to engage global investors; the 2025 establishment of a specialized data infrastructure advisory team targeting data centers and digital infrastructure; and significant 2025 financing deals such as $352.8 million for multifamily acquisitions in high-demand submarkets, $156.6 million refinancing for a five-property Southeast and Texas portfolio with Boston Capital Real Estate Partners, and $121.5 million in debt and equity for a New Jersey property conversion in partnership with Realty Capital and TPG Real Estate Credit; the firm originated over $30 billion in debt in 2024, ranking as the top Fannie Mae DUS producer, third overall GSE lender, and sixth in multifamily investment sales brokerage.

Company News

MCPAPIChat
  • Walker & Dunlop Hospitality Outlook Shows Investors Continue to Push towards Leisure and Luxury Assets

  • First Walker & Dunlop Affordable Bridge Capital Transaction With Pretium Closes

  • First Walker & Dunlop Affordable Bridge Capital Transaction With Pretium Closes

  • Walker & Dunlop Arranges $223 Million Bridge Financing for Multifamily Portfolio

  • Walker & Dunlop, Inc. (WD) Discusses Growth Strategies and Economic Impact at Denver Airport Transcript

  • Walker & Dunlop Arranges $101.6 Million HUD Loan for Multifamily Community in Chula Vista, California

  • Walker & Dunlop Arranges $128.5 Million Financing for The Arno in Houston's River Oaks

  • Walker & Dunlop Arranges Largest HUD 221(d)(4) in Company History; $130 Million for Former VA Hospital Redevelopment

  • Walker & Dunlop 2026 HUD Outlook: HUD Moves From Backup Plan to First Look

  • Walker & Dunlop, Inc. (WD) Q1 2026 Earnings Call Transcript

  • Walker & Dunlop Reports First Quarter 2026 Financial Results

  • Is It Too Late to Buy Walker & Dunlop Inc (WD) After 3.5% Rally? GF Value Says Undervalued

  • Walker & Dunlop Arranges $105 Million Loan to Refinance Luxury Raleigh Community

  • Walker & Dunlop Arranges $1.72 Billion Financing for Starwood Capital Group

  • Walker & Dunlop Deepens Affordable Equity Expertise with Jack Hodgkins and Stacie Nekus

  • Walker & Dunlop Arranges $104.5 Million Construction Financing for Ritz-Carlton Savannah

  • SG Americas Securities LLC Buys 42,835 Shares of Walker & Dunlop, Inc. $WD

  • Walker & Dunlop Arranges Joint Venture Equity Partnership and Construction Financing for $132 Million Multifamily Development in Richmond's Scott's Addition District

  • WD Investors Have Opportunity to Join Walker & Dunlop, Inc. Fraud Investigation with the Schall Law Firm

  • This Stock Is Down 65% and Has a 6% Dividend Yield -- Here's Why I'm Buying