Walker & Dunlop, Inc.

Walker & Dunlop, Inc.

WD
Walker & Dunlop, Inc.US flagNew York Stock Exchange
42.61
USD
+0.91
- -
1.46BMarket Cap
Walker & Dunlop, Inc.
WD
(New York Stock Exchange)

Recent

price

42.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.1
7.05
10.05
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
38.55
Revenue per Share
0.55
1.61
1.32
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
1.2
Basic EPS, GAAP
-11.39
2.69
-32.85
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
-3.57
Free Cash Flow per Basic Share
0.67
0.08
- -
- -
- -
- -
- -
- -
1.04
1.25
1.49
2.07
2.48
2.59
2.68
2.75
2.79
Dividend per Share
5.82
7.52
10.52
11.85
13.62
16.56
20.65
26.97
30.58
34.48
38.99
48.37
52.15
52.44
52.66
51.93
51.34
Book Value per Share
0.8
1.17
-0.8
-0.35
-0.6
-0.54
-0.31
1.67
1.86
4.46
2.69
-8.93
-13.71
-8.13
-3.92
-2.54
-2.66
Tangible Book Value per Share
15
22
26
34
32
30
29
30
30
30
30
31
32
33
33
33
33
Basic Weighted Avg Shares
122
152
257
319
361
468
575
712
725
817
1,084
1,259
1,259
1,054
1,132
1,234
1,286
Sales/Revenue/Turnover
32.95
37.19
21.72
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
6.53
Operating Margin (%)
17
23
54
76
80
98
111
131
142
152
169
210
235
227
238
239
246
Depreciation Expense
8
35
34
42
51
82
114
211
161
173
246
266
214
107
108
57
40
Net Income, GAAP
79.51
38.47
39.44
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
25.86
Effective Tax Rate (%)
6.75
22.88
13.15
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
3.12
Profit Margin (%)
335
320
1,181
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
2,281
Working Capital
285
242
1,165
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
2,205
LT Debt
125
164
353
403
433
492
615
815
907
1,042
1,196
1,578
1,717
1,746
1,760
1,746
1,721
Total Equity
2.66
8.55
3.51
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
1.62
Return on Invested Capital (%)
2.75
8.67
3.61
3.55
4.17
3.42
3.94
9.36
7.92
8
8.09
6.56
5.97
3.57
3.43
1.48
1.02
Return on Capital (%)
10.59
24.19
13.07
10.99
12.3
17.83
20.74
29.74
18.86
17.89
22.06
19.35
13.2
6.29
6.23
3.28
2.32
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
119
- -
- -
LT Borrowings
2,249
3,361
2,205
LT Finance Leases
105
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
2,008
1,476
1,820

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,552
3,427
2,281
Cash, Cash Equivalents & STI
299
193
161
Accounts Receivable, Net
419
424
477
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
307
- -
- -
- -

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
0.08
- -
- -
- -

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
0.71
- -
- -
- -
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

  • Walker & Dunlop Arranges $390 Million Construction Financing for Park Tower in Jersey City

  • A Look at Walker & Dunlop Inc (WD) After 3.1% Gain -- GF Value $94.33 vs Price $40.69

  • Dividend Champion, Contender, And Challenger Highlights: Week August 16

  • Contrasting Walker & Dunlop (NYSE:WD) and TaoWeave (NASDAQ:TWAV)

  • Walker & Dunlop Arranges $147.5 Million Debt and Equity Capitalization for Mixed-Use Development in Port Chester

  • Walker & Dunlop Investment Partners Delivers $242 Million in Multifamily Bridge Lending as Private Credit Opportunity Grows

  • Walker & Dunlop Q2 Earnings Call Highlights

  • Walker & Dunlop, Inc. (WD) Q2 2026 Earnings Call Transcript

  • Walker & Dunlop Reports Second Quarter 2026 Financial Results

  • Walker & Dunlop, Inc. (WD) Discusses Global Markets, Policy Trends, and Leadership Experiences Transcript

  • Walker & Dunlop Arranges $138 Million Financing for Mixed-Use Brooklyn Community

  • Walker & Dunlop Arranges $556 Million Credit Facility Refinance for Student Housing Portfolio

  • Walker & Dunlop Arranges $228.9 Million Refinancing for 100-Year-Old Manhattan Landmark

  • Walker & Dunlop Announces Second Quarter 2026 Earnings Conference Call Details

  • Zelman, A Walker & Dunlop Company, Launches Speakers Bureau Featuring Leading Voices in Housing and Commercial Real Estate

  • Walker & Dunlop Reports Student Housing Poised for New Investment Cycle as Demand Holds Strong

  • Former FHA Commissioner Frank Cassidy Rejoins Walker & Dunlop

  • Walker & Dunlop Offers A Classic Value Dislocation Play

  • Walker & Dunlop Arranges $191 Million Refinance for Office Portfolio Throughout Netherlands

  • Walker & Dunlop Arranges $128 Million Refinancing for a Four Property Multifamily Portfolio in Oregon