Walker & Dunlop, Inc.

Walker & Dunlop, Inc.

WDยทNYSE

$48.32

-0.083%
Financial ServicesFinancial - Mortgages

Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans. It also provides multifamily finance for manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae's DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities. In addition, the company acts as an intermediary in the placement of commercial real estate debt between institutional sources of capital, including life insurance companies, investment banks, commercial banks, pension funds, CMBS conduits, and other institutional investors, as well as owners of various types of commercial real estate. Further, it advises on capital structure; develops the financing package; facilitates negotiations between its client and institutional sources of capital; coordinates due diligence; and assists in closing the transaction. Additionally, the company offers property sales brokerage, underwriting and risk management, and servicing and asset management services. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.

At a Glance

Live Snapshot
Market Cap$1.66B
EPS1.6900
P/E Ratio28.59
Earnings Date07/30/2026
3Y-142.0%
5Y-53.0%
10Y-187.0%
3Y-42.0%
5Y-167.0%
10Y+16.0%
3Y-148.0%
5Y-50.0%
10Y-209.0%
WD

Walker & Dunlop, Inc. Cash Conversion Engine

WD ยท NYSE
Net Income-13.90M
Depreciation & Amortization238.68M
Stock-Based Compensation26.75M
Change in Working Capital-17.10M
Others-892.91M
Capital Expenditures-15.77M
Free Cash Flow-680.08M

Cash Flow Quality Analysis

FCF Conversion Rate

4893.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-2.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-684.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$17.10M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Walker & Dunlop, Inc. Cash Flow Statement

WD โ€ข NYSE

Walker & Dunlop, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
OPERATING ACTIVITIES
-13.9M
101M
103.2M
208.9M
265.6M
246M
173.2M
160.9M
211.8M
114.3M
82.6M
51.4M
41.5M
33.8M
34.9M
8.2M
28.7M
8.7M
238.7M
237.5M
226.8M
235M
210.3M
169M
152.5M
142.1M
131.2M
111.4M
98.2M
80.1M
76M
53.9M
22.5M
17M
12.9M
6.8M
-5.8M
-2.5M
1.2M
18.4M
34.2M
47.2M
22M
17.5M
-31M
37.6M
15.5M
10.3M
17M
16M
9.5M
30.2M
0.0
0.0
26.7M
27.3M
27.8M
34M
36.6M
28.3M
24.1M
24M
21.1M
18.5M
14.1M
10M
9.2M
5.2M
2.4M
49K
0.0
0.0
-892.9M
-175.7M
-336.2M
1.1B
352.2M
-2B
88.7M
-269M
734.8M
456.9M
-1.6B
-865.9M
712M
-921.3M
-10.4M
-237.1M
-16.7M
-93M
(0.0)
(32.3M)
(30.9M)
(58.5M)
(43.4M)
(29.7M)
(39.9M)
(45.7M)
(45.5M)
(34.4M)
(34.8M)
(18.5M)
(881K)
(14.3M)
(12M)
(0.0)
(0.0)
(0.0)
-17.1M
-58.3M
-23.3M
-41.1M
-28.5M
60.8M
-33M
-11.5M
-451K
20.6M
611K
-15.5M
-18.7M
-26.8M
-830K
10.3M
-4.5M
-1.9M
-664.3M
129.4M
-518K
1.6B
870.5M
-1.4B
427.6M
64.1M
1.1B
759.4M
-1.3B
-729.5M
836.9M
-839.2M
58.1M
-171.3M
20.4M
-79.5M
INVESTING ACTIVITIES
-15.8M
-13M
-16.2M
-22M
-9.2M
-3M
-4.7M
-4.7M
-5.2M
-2.5M
-1.4M
-2.5M
-4.5M
-4.6M
-3.8M
-586K
-146K
-228K
(0.0)
(0.0)
-24.7M
-140.3M
-520.7M
-72.8M
-8.1M
-10.7M
-38.2M
-32.2M
-12.8M
-23.4M
(4.5M)
-208.1M
(0.0)
(0.0)
(0.0)
(0.0)
-71.4M
(0.0)
(0.0)
(0.0)
(0.0)
-224M
-393.5M
-696.3M
-183.9M
-414.8M
-180.4M
-339.8M
-147.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
26.6M
0.0
0.0
0.0
0.0
0.0
4.7M
4.7M
219.5M
425.8M
172.3M
250.1M
21.7M
0.0
0.0
0.0
0.0
0.0
-16.8M
-25.2M
167.7M
28.5M
152.4M
415M
321.9M
154.8M
112M
-43.1M
-8.1M
-89.7M
-4.5M
-9.4M
0.0
0.0
0.0
0.0
-77.3M
-38.1M
(126.9M)
-133.8M
-377.6M
(115.2M)
-79.7M
-552.2M
(104.1M)
-66.8M
-22.2M
-115.6M
-130.6M
-222.1M
-3.8M
-586K
-146K
-228K
FINANCING ACTIVITIES
-10.5M
-12.4M
-20.5M
-42.4M
-13.6M
-31.8M
-25.2M
-59.9M
-31.9M
-9.1M
-42.7M
-29.8M
-1.9M
150.3M
1.6M
58.4M
-13K
-354K
875.6M
101K
143.9M
-1.4B
-366.9M
1.6B
-262.8M
132.3M
-1.1B
-684.5M
-4.8M
-23.8M
-600.1M
923.2M
-33.7M
146.5M
-15.6M
77.4M
-91.8M
-88.6M
-84.8M
-80.1M
-64.5M
-45.4M
-37.3M
-31.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.8M
-10.2M
-10.1M
-7.6M
-10.5M
-12.4M
-20.5M
-42.4M
-18.9M
-45.8M
-30.7M
-68.8M
-34.9M
-12.9M
-50.3M
-37.6M
-3M
-741K
-473K
(0.0)
-13K
-354K
-15.2M
-53.8M
-31.7M
-26.6M
-12.7M
-16.3M
-6.5M
280.9M
3M
-5K
1.4B
841.6M
1.3M
-977K
143K
14K
9M
-388K
758.1M
-154.7M
6.8M
-1.6B
-457.7M
1.5B
-331.6M
321.8M
-1.1B
-693.6M
1.4B
787.9M
-600.7M
1.1B
-33.8M
194.8M
-16.7M
69.1M
CASH FLOW SUMMARY
16.5M
-63.5M
133.1M
-134.9M
35.2M
221.4M
16.2M
-166.3M
82.3M
-1M
23.6M
-57.2M
105.5M
11.2M
20.5M
22.9M
3.6M
-10.6M
327.9M
391.4M
258.3M
393.2M
358M
136.6M
120.3M
286.7M
213.5M
214.5M
113.4M
170.6M
65M
53.8M
33.3M
10.4M
6.8M
17.4M
344.4M
327.9M
391.4M
258.3M
393.2M
358M
136.6M
120.3M
295.8M
213.5M
137M
113.4M
170.6M
65M
53.8M
33.3M
10.4M
6.8M
-680.1M
116.4M
-16.7M
1.6B
861.2M
-1.4B
422.9M
59.4M
1.1B
756.9M
-1.3B
-732M
832.4M
-843.8M
54.3M
-171.9M
20.2M
-79.7M

SEC Filings

WD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 19, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 01, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 02, 2026
January 29, 2026
2026
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
Showing 1 to 10 of 285 filings