Walker & Dunlop, Inc. logo WD - Walker & Dunlop, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $72.00 DETAILS
HIGH: $75.00
LOW: $69.00
MEDIAN: $72.00
CONSENSUS: $72.00
UPSIDE: 43.74%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue
Revenue 1,234.3 1,132.5 1,054.4 1,258.8 1,259.2 1,083.7 817.2 725.2 711.9 575.3 468.2 360.8 319.0 256.8 152.3 121.8 88.8 49.2
Cost of Revenue 477.4 628.9 582.8 641.6 611.5 477.4 360.5 307.4 299.0 237.3 194.5 159.7 137.4 110.7 52.0 43.8 0 0
Gross Profit 756.9 503.6 471.7 617.2 647.7 606.3 456.7 417.8 412.8 337.9 273.7 201.1 181.6 146.1 100.4 78.0 88.8 49.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 107.4 96.1 109.0 73.0 60.0 59.3 50.5 41.8 35.6 32.0 27.7 30.1 29.2 12.0 9.3 32.2 17.0
Other Expenses 543.9 264.6 237.4 243.2 222.7 216.1 167.0 154.5 137.3 116.5 106.3 89.5 84.8 61.1 31.7 28.6 28.0 18.1
Operating Expenses 543.9 372.1 333.5 352.2 295.7 276.1 226.3 205.0 179.2 152.2 138.3 117.2 114.8 90.3 43.7 37.9 60.2 35.1
Operating Income
Operating Income 213.1 131.5 138.2 265.0 352.1 330.3 230.4 212.8 233.7 185.8 135.4 83.9 66.8 55.8 56.7 40.1 28.6 14.0
Interest Expense 5.5 0 0 0 8.0 8.6 14.4 10.1 9.7 9.9 9.9 10.3 3.7 1.6 0.8 1.3 1.7 2.7
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 382.4 351.7 364.4 486.5 569.2 499.3 382.8 355.0 364.9 297.2 233.5 164.1 142.7 109.7 79.2 57.1 54.1 24.5
EBIT 143.7 114.2 137.7 251.5 358.9 330.3 230.4 212.8 233.7 185.8 135.4 83.9 66.8 55.8 56.7 40.1 41.2 16.7
Income Before Tax 79.0 131.5 138.2 265.0 352.1 330.3 230.4 212.8 233.7 185.8 135.4 83.9 66.8 55.8 56.7 40.1 39.5 14.0
Income Tax Expense 22.0 30.5 35.0 56.0 86.4 84.3 57.1 51.9 21.8 71.5 52.8 32.5 25.3 22.0 21.8 31.9 0 5.3
Net Income 57.1 108.2 107.4 213.8 265.8 246.2 173.4 161.4 211.1 113.9 82.1 51.4 41.5 33.8 34.9 8.2 39.5 8.7
Per Share Data
EPS (Basic) 1.69 3.19 3.20 6.43 8.27 7.85 5.61 5.15 7.03 3.87 2.76 1.60 1.23 1.32 1.61 0.55 2.76 0.59
EPS (Diluted) 1.64 3.19 3.18 6.36 8.15 7.69 5.45 5.04 6.56 3.65 2.65 1.58 1.21 1.31 1.60 0.55 2.76 0.59
Shares Outstanding 33.3 33.1 32.7 32.3 31.1 30.4 29.9 31.3 30.0 29.4 29.8 32.2 33.8 25.5 21.6 15.0 14.3 14.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008
Current Assets
Cash & Cash Equivalents 299.3 279.3 328.7 225.9 305.6 321.1 120.7 90.1 191.2 118.8 10.4 6.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 419.4 1,149.5 868.6 798.8 2,292.7 2,875.3 1,382.7 50.4 41.7 29.5 15.8 4.5
Inventory 0 0 0 0 0 0 0 0 0 0 109.5 116.5
Other Current Assets 0 232.1 205.5 175.0 191.8 156.7 130.4 137.2 104.5 94.7 11.6 7.2
Total Current Assets 718.7 1,739.3 1,492.6 1,298.3 2,875.9 3,353.1 1,633.9 1,849.3 1,355.8 2,321.7 147.3 135.0
Non-Current Assets
Property, Plant & Equipment 0 128.5 119.2 94.8 97.6 0 0 0 0 0 0 0
Goodwill 868.7 868.7 901.7 959.7 698.6 249.0 180.4 177.1 124.5 97.4 0 0
Intangible Assets 141.9 1,009.3 1,089.4 1,173.9 1,137.7 864.7 721.3 670.1 634.8 521.9 82.8 38.9
Long-Term Investments 241.4 207.2 215.4 198.8 164.9 0 0 0 0 0 0 0
Other Non-Current Assets 0 429.0 234.1 319.8 231.2 184.2 139.6 (2,713.6) (2,130.5) (2,960.0) 13.6 9.4
Total Non-Current Assets 1,252.0 2,642.7 2,559.7 2,747.0 2,330.0 1,297.9 1,041.3 930.8 852.6 730.8 96.5 48.3
Total Assets 5,059.5 4,382.0 4,052.3 4,045.4 5,206.0 4,651.0 2,675.2 2,780.1 2,208.4 3,052.4 243.7 183.3
Current Liabilities
Account Payables 0 0 0 0 0 0 0 187.4 130.5 93.2 0 0
Short-Term Debt 2,249.5 0 0 0 0 0 0 1,161.4 0 1,990.2 0 0
Deferred Revenue 0 0 0 0 15.7 14.5 8.0 20.3 6.5 10.5 0 0
Other Current Liabilities 0 30.5 113.5 200.3 110.1 0 0 (207.7) 108.1 (103.7) 23.3 9.4
Total Current Liabilities 2,249.5 30.5 113.5 200.3 125.8 14.5 8.0 331.3 245.0 103.7 23.3 9.4
Non-Current Liabilities
Long-Term Debt 0 1,549.8 1,369.5 1,241.6 2,681.7 2,808.7 1,200.1 296.0 1,101.6 279.7 138.3 150.6
Deferred Tax Liabilities 237.0 241.4 245.4 243.5 225.2 185.7 146.8 125.5 108.1 139.0 0 0
Other Non-Current Liabilities 827.1 693.0 476.4 563.4 565.5 431.4 270.0 1,433.0 (67.7) 1,904.5 12.3 9.5
Total Non-Current Liabilities 1,064.1 2,591.6 2,192.7 2,128.2 3,502.0 3,440.3 1,624.9 1,541.6 1,148.4 2,333.7 150.6 160.1
Total Liabilities 3,313.6 2,622.1 2,306.2 2,328.5 3,627.8 3,454.8 1,632.9 1,872.9 1,393.4 2,437.4 173.9 169.5
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.1 0
Retained Earnings 1,282.4 1,317.9 1,298.4 1,278.0 1,154.3 952.9 796.8 666.8 579.9 381.0 41.2 0
Accumulated Other Comprehensive Income 1.9 0.6 (0.5) (1.6) 2.6 2.0 0.7 (0.1) 815.0 615.1 0 0
Total Stockholders' Equity 1,735.0 1,747.9 1,723.8 1,689.4 1,550.2 1,196.2 1,035.7 902.1 809.4 610.2 30.8 13.8
Total Liabilities & Equity 5,048.6 4,382.0 4,052.3 4,045.4 5,206.0 4,651.0 2,675.2 2,780.1 2,208.4 3,052.4 243.7 183.3
Debt Metrics
Total Debt 2,249.5 1,657.3 1,470.9 1,321.3 2,711.3 2,808.7 1,200.1 1,457.4 1,101.6 2,154.3 138.3 150.6
Net Debt 1,950.2 1,378.0 1,142.2 1,095.3 2,405.6 2,487.7 1,079.4 1,367.3 910.4 2,035.6 127.9 143.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 57.0 101.0 103.2 208.9 265.6 246.0 173.2 160.9 211.8 114.3
Depreciation & Amortization 238.7 237.5 226.8 235.0 210.3 169.0 152.5 142.1 131.2 111.4
Stock-Based Compensation 26.7 27.3 27.8 34.0 36.6 28.3 24.1 24.0 21.1 18.5
Change in Working Capital (17.1) (58.3) (23.3) (41.1) (28.5) 60.8 (33.0) (11.5) (0.5) 20.7
Other Non-Cash Items (963.8) (175.7) (336.2) 1,127.4 352.2 (1,962.6) 88.7 (269.0) 734.8 456.9
Operating Cash Flow (664.3) 129.4 (0.5) 1,582.7 870.5 (1,411.4) 427.6 64.1 1,067.6 759.5
Investing Activities
Capital Expenditure (15.8) (13.0) (16.2) (22.0) (9.2) (3.0) (4.7) (4.7) (5.2) (2.5)
Acquisitions (26.5) 0 (24.7) (140.3) (520.7) (72.8) (65.7) (89.4) (31.9) (32.2)
Purchases of Investments 0 0 0 0 0 (224.0) (393.5) (696.3) (190.9) (414.8)
Sales/Maturities of Investments 0 0 0 0 0 0 0 82.8 119.8 0
Other Investing Activities (35.0) (25.2) 167.7 28.5 152.4 415.0 384.2 155.4 205.4 382.7
Investing Cash Flow (77.3) (38.1) 126.9 (133.8) (377.6) 115.2 (79.7) (552.2) 97.2 (66.8)
Financing Activities
Net Debt Issuance 891.6 0.1 143.9 (1,434.7) (366.9) 1,611.1 (258.2) 425.6 (1,053.7) (680.9)
Stock Repurchased (10.5) (12.4) (20.5) (42.4) (18.9) (45.8) (30.7) (68.8) (34.9) (12.9)
Dividends Paid (91.8) (88.6) (84.8) (80.1) (64.5) (45.4) (37.3) (31.4) 0 0
Other Financing Activities (31.2) (53.8) (31.7) (26.6) (12.7) (16.3) (11.0) (12.5) (3.9) (3.6)
Financing Cash Flow 758.1 (154.7) 6.8 (1,583.8) (457.7) 1,517.6 (331.6) 321.8 (1,089.5) (693.6)
Cash Position
Net Change in Cash 16.5 (63.5) 133.1 (134.9) 35.2 221.4 16.2 (166.3) 75.3 (0.9)
Cash at Beginning 327.9 391.4 258.3 393.2 358.0 136.6 120.3 286.7 211.4 212.3
Cash at End 344.4 327.9 391.4 258.3 393.2 358.0 136.6 120.3 286.7 211.4
Free Cash Flow (680.1) 116.4 (16.7) 1,560.7 861.2 (1,414.4) 422.9 59.4 1,062.4 757.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Income Statement
Revenue 1,234.3 1,132.5 1,054.4 1,258.8 1,259.2 1,083.7 817.2 725.2 711.9 575.3 468.2 360.8 319.0 256.8 152.3 121.8 88.8 49.2
Gross Profit 756.9 503.6 471.7 617.2 647.7 606.3 456.7 417.8 412.8 337.9 273.7 201.1 181.6 146.1 100.4 78.0 88.8 49.2
Operating Income 213.1 131.5 138.2 265.0 352.1 330.3 230.4 212.8 233.7 185.8 135.4 83.9 66.8 55.8 56.7 40.1 28.6 14.0
Net Income 57.1 108.2 107.4 213.8 265.8 246.2 173.4 161.4 211.1 113.9 82.1 51.4 41.5 33.8 34.9 8.2 39.5 8.7
EPS (Diluted) 1.64 3.19 3.18 6.36 8.15 7.69 5.45 5.04 6.56 3.65 2.65 1.58 1.21 1.31 1.60 0.55 2.76 0.59
Balance Sheet
Cash & Equivalents 299.3 279.3 328.7 225.9 305.6 321.1 120.7 90.1 191.2 118.8 10.4 6.8
Total Assets 5,059.5 4,382.0 4,052.3 4,045.4 5,206.0 4,651.0 2,675.2 2,780.1 2,208.4 3,052.4 243.7 183.3
Total Debt 2,249.5 1,657.3 1,470.9 1,321.3 2,711.3 2,808.7 1,200.1 1,457.4 1,101.6 2,154.3 138.3 150.6
Stockholders' Equity 1,735.0 1,747.9 1,723.8 1,689.4 1,550.2 1,196.2 1,035.7 902.1 809.4 610.2 30.8 13.8
Cash Flow
Operating Cash Flow (664.3) 129.4 (0.5) 1,582.7 870.5 (1,411.4) 427.6 64.1 1,067.6 759.5
Capital Expenditure (15.8) (13.0) (16.2) (22.0) (9.2) (3.0) (4.7) (4.7) (5.2) (2.5)
Free Cash Flow (680.1) 116.4 (16.7) 1,560.7 861.2 (1,414.4) 422.9 59.4 1,062.4 757.0