profit from every $100 of sales.
$0$100
Walker & Dunlop
$38.30-0.80% today
-41.6% in 1 year
1-year low $31.671-year high $65.93
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $23.17 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Walker & Dunlop sold, what it kept, and what it did with the cash.
Sales went from $1.26 billion in 2022 to $1.23 billion in 2025, with $57.1 million of profit last year.
SalesProfit
Walker & Dunlop vs. similar companies
Walker & Dunlop grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Walker & Dunlop | 23.2× · Fair price | ||
 Encore Capital Group | 8.9× · Cheap | ||
 Velocity Financial | 6.0× · Cheap | ||
 Better Home & Finance | No profit yet | ||
 loanDepot | No profit yet |
AI analysis
An AI analyst reads Walker & Dunlop's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,259 | 1,054 | 1,132 | 1,234 | |
| 617 | 472 | 504 | 522 | |
| 251 | 137 | 115 | 108 | |
| 486 | 364 | 353 | 346 | |
| 214 | 107 | 108 | 57 | |
| 6.36 | 3.18 | 3.19 | 1.64 | |
| 49.0% | 44.7% | 44.5% | 42.3% | |
| 20.0% | 13.0% | 10.2% | 8.7% | |
| 17.0% | 10.2% | 9.6% | 4.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,045 | 4,052 | 4,382 | 5,059 |
| Cash | 226 | 329 | 279 | 299 |
| Total debt | 1,321 | 1,471 | 1,752 | 2,473 |
| Total liabilities | 2,329 | 2,306 | 2,622 | 3,314 |
| 1,689 | 1,724 | 1,748 | 1,734 | |
| 33 | 33 | 33 | 33 | |
| 6.6% | 3.4% | 2.6% | 2.0% | |
| 12.7% | 6.2% | 6.2% | 3.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,583 | -1 | 129 | -664 | |
| 22 | 16 | 13 | 16 | |
| 1,561 | -17 | 116 | -680 | |
| Dividends paid | 80 | 85 | 89 | 92 |
| 42 | 21 | 12 | 10 | |
| 34 | 28 | 27 | 27 |
Valuation
- 23.2×
- 10.7×
- –
- 1.0×
- 1.1×
- –
- 10.1×
- -51.4%
- 4.3%
- 5.4%
Profitability
- 42.3%
- 8.7%
- 4.6%
- 30.2%
- 7.6%
- 4.3%
- 4.1%
- 1.2%
- 7.1%
- –
Growth
- −0.7%
- −36.4%
- −684.3%
- +13.2%
- +1.8%
Financial health
- 8.2×
- 1.95
- 54.5%
- 4.2×
- 0.18
- 0.18
- 0.21
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 33%of 850
Bottom 23%of 733
Bottom 22%of 865
Bottom 19%of 861
Bottom 1%of 920
What analysts expect
- Average price target
- $72.00
- Range
- $69.00 – $75.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 1.02 | 0.06 | +1,600.0% |
| Feb 26, 2026 | 0.28 | 1.23 | −77.2% |
| Nov 6, 2025 | 1.22 | 1.21 | +0.8% |
| Aug 7, 2025 | 1.15 | 1.29 | −10.9% |
| May 1, 2025 | 0.85 | 0.69 | +23.2% |
| Feb 13, 2025 | 1.34 | 1.18 | +13.6% |
| Nov 7, 2024 | 1.19 | 1.01 | +17.8% |
| Aug 8, 2024 | 1.23 | 1.16 | +6.0% |
5.4%of the share price, paid each year
On $1,000 invested$54a year at today's yield, before tax
+13.2%2020 to 2025
Raised7 yearsin a row, in our data
Paid per share, each year
$1.00 in 2018 → $2.68 in 2025
How safe it looks
160.8% of its profit
Room to growStretchedMore than it earns: -13.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
21No pass
Benjamin Graham
55No pass
Philip Fisher
26No pass
Peter Lynch
11No pass
Joel Greenblatt
8No pass
Charlie Munger
18No pass
Terry Smith
20No pass
Questions about Walker & Dunlop
Is Walker & Dunlop a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Walker & Dunlop AI analysis
What does Walker & Dunlop do?
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. It is in Financial - Mortgages.
Does Walker & Dunlop pay a dividend?
Yes. At today's price the dividend is 5.4% a year, about 161% of its yearly profit. In 2025 it paid out $91.8 million in dividends.
Is Walker & Dunlop stock halal?
No. Walker & Dunlop does not pass our halal screen: its main business, an impermissible business, is not permitted. How we check
How has Walker & Dunlop stock done over the past year?
Down 41.6% over the past twelve months, to $38.30. It traded between $31.67 and $65.93 and is 41.9% below its high.
Who are Walker & Dunlop's competitors?
The largest listed companies in the same industry are Encore Capital Group, Velocity Financial, Better Home & Finance and loanDepot. The peers table on this page compares their profit, growth and price with Walker & Dunlop's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.