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-2.0%
5Y+14.0%
10Y+115.0%
3Y-73.0%
5Y-77.0%
10Y-50.0%
3Y-142.0%
5Y-53.0%
10Y-187.0%
Walker & Dunlop, Inc.

Walker & Dunlop, Inc. Profit Bridge

WD ยท NYSE
Revenue1.23B
Cost of Goods Sold (477.36M)
Gross Profit756.94M
Operating Expenses (543.88M)
Operating Income213.07M
Interest Expense (5.49M)
Other Income/Expense-134.07M
Pretax Income79.00M
Income Tax (22.01M)
Net Income57.08M
Net Income
57.08M

Profitability Analysis

Gross Margin

61.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

17.3%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

4.6%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

27.9%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

Walker & Dunlop, Inc. Income Statement

WD โ€ข NYSE

Walker & Dunlop, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
REVENUE
1.2B
1.1B
1.1B
1.3B
1.3B
1.1B
817.2M
725.2M
711.9M
575.3M
468.2M
360.8M
319M
256.8M
152.4M
121.8M
88.8M
49.2M
GROSS PROFIT
(477.4M)
(628.9M)
(582.8M)
(641.6M)
(611.5M)
(477.4M)
(360.5M)
(307.4M)
(299M)
(237.3M)
(194.5M)
(159.7M)
(137.4M)
(110.7M)
(13.5M)
(11.1M)
(0.0)
(0.0)
756.9M
503.6M
471.7M
617.2M
647.7M
606.3M
456.7M
417.8M
412.8M
337.9M
273.7M
201.1M
181.6M
146.1M
138.9M
110.7M
88.8M
49.2M
OPERATING INCOME
(543.9M)
(372.1M)
(333.5M)
(352.2M)
(295.7M)
(276.1M)
(226.3M)
(205M)
(179.2M)
(152.2M)
(138.3M)
(117.2M)
(114.8M)
(90.3M)
(94.9M)
(80.4M)
(58.5M)
(32.5M)
(0.0)
(107.4M)
(96.1M)
(109M)
(73M)
(60M)
(59.3M)
(50.5M)
(41.8M)
(35.6M)
(32M)
(27.7M)
(30.1M)
(29.2M)
(51.2M)
(42.5M)
(32.2M)
(17M)
213.1M
131.5M
138.2M
265M
352.1M
330.3M
230.4M
212.9M
233.7M
185.8M
135.4M
83.9M
66.8M
55.8M
56.7M
40.1M
28.6M
14M
PRE-TAX INCOME
(5.5M)
(0.0)
(0.0)
(0.0)
(8M)
(8.6M)
(14.4M)
(10.1M)
(9.7M)
(9.9M)
(9.9M)
(10.3M)
(3.7M)
(1.6M)
(823K)
(1.3M)
(1.7M)
(2.7M)
-5.5M
0.0
0.0
0.0
-8M
-8.6M
-14.4M
-10.1M
-9.7M
-9.9M
-9.9M
-10.3M
-3.7M
-1.6M
-823K
-1.3M
-1.7M
-2.7M
(543.9M)
(264.6M)
(237.4M)
(243.2M)
(222.7M)
(216.1M)
(167M)
(154.5M)
(137.3M)
(116.5M)
(106.3M)
(89.5M)
(89.5M)
(64.1M)
(43.7M)
(37.9M)
(26.3M)
(15.5M)
-134.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.9M
0.0
79M
131.5M
138.2M
265M
352.1M
330.3M
230.4M
212.9M
233.7M
185.8M
135.4M
83.9M
66.8M
55.8M
56.7M
40.1M
39.5M
14M
NET INCOME
(22M)
(30.5M)
(35M)
(56M)
(86.4M)
(84.3M)
(57.1M)
(51.9M)
(21.8M)
(71.5M)
(52.8M)
(32.5M)
(25.3M)
(22M)
(21.8M)
(31.9M)
(10.9M)
(5.3M)
57.1M
108.2M
107.4M
213.8M
265.8M
246.2M
173.4M
161.4M
211.1M
113.9M
82.1M
51.4M
41.5M
33.8M
34.9M
8.2M
28.7M
8.7M

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