Stocks · Financials · Finance Services

Walker & Dunlop, Inc.

WD Clue Score43
United States Fiscal year ends December CIK 0001497770
$32.29 -2.18% Close, 12 Oct 2026
Price $32.29 −73.97% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue51.5Net income113.9EPS, diluted3.57Fiscal year 2017Revenue82.4 +59.8%Net income211.1 +85.4%EPS, diluted6.47 +81.2%Fiscal year 2018Revenue95.7 +16.2%Net income161.4 −23.5%EPS, diluted4.96 −23.3%Fiscal year 2019Revenue127.5 +33.2%Net income173.4 +7.4%EPS, diluted5.45 +9.9%Fiscal year 2020Revenue125.6 −1.5%Net income246.2 +42.0%EPS, diluted7.69 +41.1%Fiscal year 2021Revenue363.5 +189.3%Net income265.8 +8.0%EPS, diluted8.15 +6.0%Fiscal year 2022Revenue430.0 +18.3%Net income213.8 −19.5%EPS, diluted6.36 −22.0%Fiscal year 2023Revenue258.2 −39.9%Net income107.4 −49.8%EPS, diluted3.18 −50.0%Fiscal year 2024Revenue265.4 +2.8%Net income108.2 +0.8%EPS, diluted3.19 +0.3%Fiscal year 2025Revenue320.0 +20.6%Net income56.2 −48.0%EPS, diluted1.64 −48.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 51.5 82.4 95.7 127.5 125.6 363.5 430.0 258.2 265.4 320.0
Growth +59.8% +16.2% +33.2% −1.5% +189.3% +18.3% −39.9% +2.8% +20.6%
Net income 113.9 211.1 161.4 173.4 246.2 265.8 213.8 107.4 108.2 56.2
Growth +85.4% −23.5% +7.4% +42.0% +8.0% −19.5% −49.8% +0.8% −48.0%
EPS, diluted 3.57 6.47 4.96 5.45 7.69 8.15 6.36 3.18 3.19 1.64
Growth +81.2% −23.3% +9.9% +41.1% +6.0% −22.0% −50.0% +0.3% −48.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin221.0%Free cash flow margin1,468.5%Fiscal year 2017Net margin256.3%Free cash flow margin1,289.6%Fiscal year 2018Net margin168.7%Free cash flow margin62.0%Fiscal year 2019Net margin136.0%Free cash flow margin331.7%Fiscal year 2020Net margin195.9%Free cash flow margin−1,125.8%Fiscal year 2021Net margin73.1%Free cash flow margin236.9%Fiscal year 2022Net margin49.7%Free cash flow margin363.0%Fiscal year 2023Net margin41.6%Free cash flow margin−6.5%Fiscal year 2024Net margin40.8%Free cash flow margin43.9%Fiscal year 2025Net margin17.6%Free cash flow margin−212.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 221.0% 256.3% 168.7% 136.0% 195.9% 73.1% 49.7% 41.6% 40.8% 17.6%
Free cash flow margin 1,468.5% 1,289.6% 62.0% 331.7% −1,125.8% 236.9% 363.0% −6.5% 43.9% −212.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow759.5Capital expenditure−2.5Free cash flow757.0Buybacks−12.9Fiscal year 2017Operating cash flow1,067.6Capital expenditure−5.2Free cash flow1,062.4 +40.4%Buybacks−34.9Fiscal year 2018Operating cash flow64.1Capital expenditure−4.7Free cash flow59.4 −94.4%Buybacks−68.8Dividends paid−31.4Fiscal year 2019Operating cash flow427.6Capital expenditure−4.7Free cash flow422.9 +612.4%Buybacks−30.7Dividends paid−37.3Fiscal year 2020Operating cash flow−1,411.4Capital expenditure−3.0Free cash flow−1,414.4 −434.5%Buybacks−45.8Dividends paid−45.4Fiscal year 2021Operating cash flow870.5Capital expenditure−9.2Free cash flow861.2Buybacks−18.9Dividends paid−64.5Fiscal year 2022Operating cash flow1,582.7Capital expenditure−22.0Free cash flow1,560.7 +81.2%Buybacks−42.4Dividends paid−80.1Fiscal year 2023Operating cash flow−0.5Capital expenditure−16.2Free cash flow−16.7 −101.1%Buybacks−20.5Dividends paid−84.8Fiscal year 2024Operating cash flow129.4Capital expenditure−13.0Free cash flow116.4Buybacks−12.4Dividends paid−88.6Fiscal year 2025Operating cash flow−664.3Capital expenditure−15.8Free cash flow−680.1 −684.3%Buybacks−10.5Dividends paid−91.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 759.5 1,067.6 64.1 427.6 −1,411.4 870.5 1,582.7 −0.5 129.4 −664.3
Capital expenditure −2.5 −5.2 −4.7 −4.7 −3.0 −9.2 −22.0 −16.2 −13.0 −15.8
Free cash flow 757.0 1,062.4 59.4 422.9 −1,414.4 861.2 1,560.7 −16.7 116.4 −680.1
Growth +40.4% −94.4% +612.4% −434.5% +81.2% −101.1% −684.3%
Buybacks −12.9 −34.9 −68.8 −30.7 −45.8 −18.9 −42.4 −20.5 −12.4 −10.5
Dividends paid n/a n/a −31.4 −37.3 −45.4 −64.5 −80.1 −84.8 −88.6 −91.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash118.8Shareholders’ equity610.2Fiscal year 2017Cash191.2Shareholders’ equity809.4Fiscal year 2018Cash90.1Shareholders’ equity902.1Fiscal year 2019Cash120.7Shareholders’ equity1,035.7Fiscal year 2020Cash321.1Shareholders’ equity1,196.2Fiscal year 2021Cash305.6Shareholders’ equity1,550.2Fiscal year 2022Cash225.9Shareholders’ equity1,689.4Fiscal year 2023Cash328.7Shareholders’ equity1,723.8Fiscal year 2024Cash279.3Shareholders’ equity1,747.9Fiscal year 2025Cash299.3Shareholders’ equity1,735.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 118.8 191.2 90.1 120.7 321.1 305.6 225.9 328.7 279.3 299.3
Shareholders’ equity 610.2 809.4 902.1 1,035.7 1,196.2 1,550.2 1,689.4 1,723.8 1,747.9 1,735.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
360.4% 283.6% 222.4% 180.7% 262.9% 96.8% 61.6% 53.5% 49.6% 24.7%
221.0% 256.3% 168.7% 136.0% 195.9% 73.1% 49.7% 41.6% 40.8% 17.6%
1,468.5% 1,289.6% 62.0% 331.7% −1,125.8% 236.9% 363.0% −6.5% 43.9% −212.5%
Spending
4.8% 6.3% 4.9% 3.7% 2.4% 2.5% 5.1% 6.3% 4.9% 4.9%
38.5% 9.3% 24.4% 24.8% 25.5% 24.5% 21.1% 25.3% 23.2% 27.9%
Returns
18.7% 26.1% 17.9% 16.7% 20.6% 17.1% 12.7% 6.2% 6.2% 3.2%
3.7% 9.6% 5.8% 6.5% 5.3% 5.1% 5.3% 2.6% 2.5% 1.1%
Balance and payout
79.8% 63.1% 67.4% 61.0% 74.3% 69.7% 57.6% 56.9% 59.8% 65.5%
n/a n/a 19.5% 21.5% 18.4% 24.3% 37.5% 79.0% 81.9% 163.2%
1.7% 3.3% 168.9% 16.1% n/a 9.7% 7.8% n/a 86.8% n/a