Walker & Dunlop, Inc. (WD)

Walker & Dunlop Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	72.19	56.99	100.96	103.17	208.93	265.63
Depreciation & Amortization	244.03	238.68	237.55	226.75	235.03	210.28
Provision for Credit Losses	9.99	9.59	10.84	-10.45	-11.98	-13.29
Stock-Based Compensation	-	26.75	27.33	27.84	33.99	36.58
Net Change in Loans Held-for-Sale	-1,745	-833.76	-23.63	-179.62	1,373	620.77
Other Adjustments	-204.31	-153.18	-169.56	-140.72	-216.95	-226.58
Changes in Accrued Interest and Accounts Receivable	-	-83.48	-68.8	-35.31	44.84	-42.87
Changes in Other Operating Activities	61.85	74.11	14.68	7.82	-83.85	19.93
Operating Cash Flow	-1,561	-664.31	129.36	-0.52	1,583	870.46
Operating Cash Flow Growth	-	-	-	-	81.82%	-
Net Change in Loans Held-for-Investment	-34.43	-24.38	17.77	160.66	67.71	91.76
Net Change in Securities and Investments	-46.04	-46.91	-61.26	-26.55	-72.86	-39.55
Payments for Business Acquisitions	-	-	-	-	-114.16	-420.56
Capital Expenditures	-14.03	-15.77	-12.96	-16.2	-22	-9.21
Other Investing Activities	16.46	9.73	18.32	8.96	7.53	-
Investing Cash Flow	-78.04	-77.34	-38.14	126.87	-133.78	-377.55
Short-Term Debt Issued	-	-	-	-	36.46	266.58
Short-Term Debt Repaid	1,743	824.55	8.12	69.9	-1,435	-863.91
Net Short-Term Debt Issued (Repaid)	1,743	824.55	8.12	69.9	-1,398	-597.34
Long-Term Debt Issued	-	398.88	-	196	-	-
Long-Term Debt Repaid	-4.5	-331.86	-8.02	-122.05	-36.63	303.73
Net Long-Term Debt Issued (Repaid)	-4.5	67.02	-8.02	73.95	-36.63	303.73
Issuance of Common Stock	-	-	-	-	-	-73.31
Repurchase of Common Stock	-20.97	-10.45	-12.38	-20.51	-42.37	5.25
Net Common Stock Issued (Repurchased)	-20.97	-10.45	-12.38	-20.51	-42.37	-68.06
Common Dividends Paid	-92.47	-91.8	-88.63	-84.84	-80.15	-18.87
Other Financing Activities	-14.8	-31.18	-53.82	-31.74	-26.58	-64.45
Financing Cash Flow	1,610	758.13	-154.73	6.77	-1,584	-457.73
Net Cash Flow	5	16.48	-63.51	133.12	-134.9	35.18
Free Cash Flow	-1,575	-680.08	116.4	-16.72	1,561	861.25
Free Cash Flow Growth	-	-	-	-	81.22%	-
FCF Margin	-122.29%	-55.53%	10.38%	-1.57%	122.82%	67.68%
Free Cash Flow Per Share	-47.17	-20.38	3.51	-0.51	47.75	27.31
Levered Free Cash Flow	2,100	1,161	278.74	434.27	-1,047	150.29
Unlevered Free Cash Flow	291.85	213.54	170.47	183.06	174.03	178.13

Updated May 7, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q