Company Analysis

Walker & Dunlop, Inc. (WD)

NYSE: WD · Finance Services · Bethesda, MD · filing with the SEC since 2010
Grade6.0
◀ Past 6.2● Present 6.7▶ Future 4.6

The grade of Walker & Dunlop, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.240% of the headline
● Present6.735% of the headline
▶ Future4.625% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.1/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2024-06-11.

weight 45% of this tense · 41st percentile among 130 sector filers · read for itself

From the record

Walker & Dunlop, Inc.'s filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2024-06-11) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+8.9% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 67th percentile among 104 sector filers · read for its customers

From the record

Walker & Dunlop, Inc.'s 10 filed years say what it did: revenue went from $575 million in fiscal 2016 to $1.2 billion in fiscal 2025, up 8.9% a year; it rose in 7 of 9 years; the deepest fall was 16% from fiscal 2021 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.9%bottom 40% of its family
  • the share of years revenue rosetop 33% of its family
  • the share of filed years with a profittop 5% of its family
  • the deepest fall from a revenue peak16.3%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.8/10

How has it treated the people who own it?

Share count grew 0.7% a year. 100% of cash flow returned. Insiders: 0 sales, 5 purchases.

weight 33% of this tense · 88th percentile among 53 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Walker & Dunlop, Inc.'s diluted share count grew about 0.7% a year, and dividends and buybacks returned about 100% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 5 purchases of their own stock on the open market in the year to 2026-11-10, buying about $990 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 21% of its family
  • cash returned against operating cash flowtop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.4/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 66%: owes 66¢ per asset dollar.

weight 45% of this tense · 64th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Walker & Dunlop, Inc. earned about 3 cents of profit for every dollar of shareholders' money. Leverage: it owed about 66 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 36% of its family
  • return on equitytop 28% of its family
  • the share count against the year beforetop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.7/10

How strong is its position in its industry?

top 33% of 114 in its family; net margin 4.4%.

weight 33% of this tense · 67th percentile among 114 sector filers · read for its customers

From the record

Walker & Dunlop, Inc.'s standing among 114 graded names in its industry family: revenue of $1.2 billion in fiscal 2025 ranks in the top 11% by size; a net margin of 4.4% ranks in the top 28%; revenue growth of -0.7% a year over the last 3 filed years ranks in the bottom 39% (its annual reports).

What it rests on

  • revenue against the family$1.23Btop 11% of its family
  • net margin4.4%top 28% of its family
  • three-year revenue growth-0.7%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.4/10

What are the people in charge doing?

top 26% of 50 in its family for leadership; chief executive since 2010.

weight 22% of this tense · 74th percentile among 50 sector filers · read for its shareholders

From the record

Walker & Dunlop, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Walker, William M (Chairman & CEO, as filed), filing under that title since 2010-12-13, 15.9 years (top 3% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (top 21%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 47%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 12 peoplebottom 47% of its family
  • the median years the people in charge have filed6.1 yearstop 21% of its family
  • the chief executive's years on the record15.9 yearstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.6/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 108 in its family for room to expand.

weight 33% of this tense · 48th percentile among 108 sector filers · read for itself

From the record

Walker & Dunlop, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $299 million against no long-term debt tagged leaves 5.9% of its assets as net cash, bottom 48% of its family; cash from operations less capital spending is -55.1% of revenue (bottom 47%) (its annual report).

What it rests on

  • cash less debt against assets5.9%bottom 48% of its family
  • cash from operations less capital spending against revenue-55.1%bottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.0/10

What could actually drive growth from here?

bottom 40% of 100 in its family for growth drivers.

weight 33% of this tense · 40th percentile among 100 sector filers · read for its customers

From the record

Walker & Dunlop, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -0.7% a year over the last three filed years against 8.9% over all 10, slowing (bottom 32% of its family); the newest year grew 9% (bottom 47%); capital spending grew -10.5% a year (bottom 40%) (its annual reports). Walker & Dunlop, Inc. reported 7 product lines in fiscal 2025: Loan Origination and Debt Brokerage Fees Net at $342 million (28%), Servicing Fees at $337 million (27%), Fair Value of Expected Future Cash Flows From Servicing Rights Net at $180 million (14%), and 4 more; 4 of 7 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.5 points a yearbottom 32% of its family
  • the newest year's revenue growth9.0%bottom 47% of its family
  • three-year growth of capital spending-10.5%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.1/10

Did its newest year beat what its own record pointed to?

top 49% of 78 in its family for expectations against reality.

weight 33% of this tense · 51st percentile among 78 sector filers · read for its shareholders

From the record

Walker & Dunlop, Inc.'s newest year against its own record: revenue of $1.2 billion in fiscal 2025 came in 14.9% above the $1.1 billion its prior three years' pace pointed to (top 39% of its family); net income of $55 million against a prior three-year average of $139 million (bottom 44%); a net margin of 4.4% against 11.9% before (bottom 48%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace14.9%top 39% of its family
  • net income against the prior three years' average-61%bottom 44% of its family
  • net margin against its prior average-7.5 pointsbottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WD · research, not advice