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NYSE · FINANCE SERVICES · LARGE CAP

Walker & Dunlop, Inc. WD

17 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$1.2B
▲ 9.0% YoY
$56.2M
▼ 48.0% YoY
$-680.1M
▼ 684.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Walker & Dunlop, Inc. is a commercial real estate services, finance, and technology company in the United States. As of December 31, 2025, the company had a total of 1,466 employees. The company has three reportable segments: Capital Markets, Servicing & Asset Management, and Corporate. The Corporate segment consists primarily of the company's treasury operations and other corporate-level activities. Walker & Dunlop, Inc. is a holding company that conducts the majority of its operations through Walker & Dunlop, LLC, its operating company.

Written from the business description in Walker & Dunlop, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.2B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.2 · Net income 0.1
0.5B1.0B
2009201220152018202120242025
Compound annual growth
−0.7%
+2.6%
+10.2%
+16.7%
−35.9%
−25.6%
−3.7%
−36.4%
−26.6%
−4.7%
+3.7%
+13.2%
−5.7%
+5.8%
+9.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 6.4% · Net 4.6%
10%20%30%
200920172025
ROE
FY2025 · ROE 3.2%
20%40%
200920172025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 3 cents of profit this year.

Cash & shareholders

USD 102.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -0.7
1.0B2.0B-0.5B-1.0B
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends 91.8 · Net buybacks 10.5
50M100M-100M-200MDividendsNet buybacks
20112013201520172019202120232025

USD 91.8M in dividends and USD 10.5M in buybacks — 182% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 5.1B
EquityUSD 1.7B
CashUSD 299.3M
Gross debtUSD 829.2M
Net debtUSD 529.9M

Net debt stands at 31% of equity.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
WD, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.21.11.11.31.31.10.80.70.70.60.50.40.30.30.20.10.1
Operating income $B0.10.10.10.30.40.30.2◌◌◌◌◌◌◌0.10.00.0
EBITDA $B0.30.40.40.50.60.50.4◌◌◌◌◌◌◌0.10.10.0
Income tax $B0.00.00.00.10.10.10.10.10.00.10.10.00.00.00.00.0◌
Net income $B0.10.10.10.20.30.20.20.20.20.10.10.10.00.00.00.00.0
Free cash flow $B−0.70.1−0.01.60.9−1.40.40.11.10.8−1.3−0.70.8−0.80.1−0.20.0
EPS, diluted $1.643.193.186.368.157.695.454.966.473.572.651.581.211.311.600.552.76
Dividend / sh $2.682.602.522.402.001.441.201.00◌◌◌◌◌◌◌◌◌
Payout %16382793724182119—————————
ROE %3.26.26.313.219.422.117.918.929.720.717.812.311.013.124.28.556.6
Shares out B0.030.030.030.030.030.030.030.030.030.030.030.030.030.030.020.02◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Three checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityFinance Services
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2009

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