Walker & Dunlop, Inc. (WD)

Walker & Dunlop Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	43.99	40.06	44.71	65.07	54.89	70.83
Total Interest Expense	117.3	116.78	118.81	83.52	40.76	50.06
Net Interest Income	-73.31	-76.72	-74.11	-18.46	14.13	20.78
Commissions and Fees	331.1	325.64	311.91	300.19	278.47	235.8
Other Revenue	532.07	500.34	468.37	522.85	486.95	448.81
Revenue Before Loan Losses	1,124	1,063	985.96	1,225	1,251	1,075
Provision for Loan Losses	12.91	10.84	-10.45	-11.98	-13.29	37.48
Revenue	1,111	1,052	996.42	1,236	1,264	1,038
Revenue Growth (YoY)	15.06%	5.58%	-19.42%	-2.21%	21.86%	30.43%
Salaries & Employee Benefits	597.99	559.25	514.29	607.37	603.49	468.82
Cost of Services Provided	16.06	16.06	14.15	16.37	9.44	8.86
Other Operating Expenses	130.87	124.93	103.53	126.28	82.33	60.73
Total Operating Expenses	987.1	937.79	858.72	985.05	905.54	707.41
Operating Income	123.92	114.18	137.7	251.45	358.95	330.27
EBT Excluding Unusual Items	123.92	114.18	137.7	251.45	358.95	330.27
Impairment of Goodwill	-33	-33	-62	-	-	-
Other Unusual Items	50.32	50.32	62.5	13.51	-6.89	-
Pretax Income	141.24	131.5	138.2	264.97	352.06	330.27
Income Tax Expense	34.72	30.54	35.03	56.03	86.43	84.31
Earnings From Continuing Ops.	106.52	100.96	103.17	208.93	265.63	245.95
Minority Interest in Earnings	3.82	7.21	4.19	4.89	0.13	0.22
Net Income	110.34	108.17	107.36	213.82	265.76	246.18
Preferred Dividends & Other Adjustments	2.51	2.44	2.75	6.1	8.84	7.34
Net Income to Common	107.84	105.73	104.61	207.72	256.93	238.84
Net Income Growth	25.98%	0.75%	-49.79%	-19.55%	7.96%	41.99%
Shares Outstanding (Basic)	33	33	33	32	31	30
Shares Outstanding (Diluted)	33	33	33	33	32	31
Shares Change (YoY)	0.80%	0.86%	0.57%	3.66%	1.45%	0.87%
EPS (Basic)	3.24	3.19	3.20	6.43	8.27	7.85
EPS (Diluted)	3.24	3.19	3.18	6.36	8.15	7.69
EPS Growth	25.06%	0.31%	-50.00%	-21.96%	5.98%	41.18%
Free Cash Flow	-202.85	116.4	-16.72	1,561	861.25	-1,414
Free Cash Flow Per Share	-6.10	3.51	-0.51	47.75	27.31	-45.50
Dividend Per Share	2.640	2.600	2.520	2.400	2.000	1.440
Dividend Growth	3.13%	3.17%	5.00%	20.00%	38.89%	20.00%
Operating Margin	11.15%	10.85%	13.82%	20.34%	28.39%	31.83%
Profit Margin	9.71%	10.05%	10.50%	16.80%	20.32%	23.02%
Free Cash Flow Margin	-18.26%	11.06%	-1.68%	126.22%	68.11%	-136.30%
Effective Tax Rate	24.58%	23.23%	25.35%	21.15%	24.55%	25.53%
Revenue as Reported	1,190	1,132	1,054	1,259	1,259	1,084

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q