Walker & Dunlop Inc - Understand $wd stock

$WD Market Cap: $3.664 Billion

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Financial Snapshot

Revenue

$1.042B

TTM

Gross Margin

Net Earnings

$86.78M

TTM

Current Assets

$480.9M

Q2 2024

Current Liabilities

Current Ratio

Total Assets

$4.175B

Q2 2024

Total Liabilities

$2.442B

Q2 2024

Book Value

$1.734B

Q2 2024

Cash

$208.1M

Q2 2024

P/E

42.22

Sep 13, 2024 EST

Free Cash Flow

$667.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.054B	$1.259B	$1.259B	$1.084B	$817.2M	$725.2M	$711.9M	$575.3M	$468.2M	$360.8M	$319.0M	$256.8M	$152.4M	$121.8M	$88.76M	$49.20M
YoY Change	-16.23%	-0.03%	16.19%	32.61%	12.68%	1.88%	23.74%	22.87%	29.78%	13.08%	24.25%	68.54%	25.05%	37.26%	80.41%	-2.19%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.054B	$1.259B	$1.259B	$1.084B	$817.2M	$725.2M	$711.9M	$575.3M	$468.2M	$360.8M	$319.0M	$256.8M	$152.4M	$121.8M	$88.76M	$49.20M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$584.0M	$692.2M	$661.4M	$511.5M	$395.5M	$305.4M	$296.3M	$233.9M	$190.5M	$154.5M	$7.549M	$5.332M	$51.20M	$42.50M	$42.10M	$17.00M
YoY Change	-15.63%	4.66%	29.31%	29.33%	29.5%	3.07%	26.68%	22.78%	23.3%	1946.63%	41.58%	-89.59%	20.47%	0.95%	147.65%	1.19%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$226.8M	$235.0M	$210.3M	$169.0M	$152.5M	$142.1M	$131.2M	$111.4M	$98.20M	$80.10M	$75.96M	$53.93M	$22.51M	$16.96M	$12.90M	$6.800M
YoY Change	-3.52%	11.77%	24.42%	10.85%	7.27%	8.3%	17.82%	13.44%	22.6%	5.46%	40.85%	139.52%	32.76%	31.47%	89.71%	11.48%
% of Gross Profit
Operating Expenses	$916.2M	$993.8M	$907.1M	$753.4M	$586.9M	$512.4M	$478.2M	$379.6M	$322.9M	$276.9M	$252.3M	$201.0M	$95.69M	$81.69M	$60.16M	$32.40M
YoY Change	-7.8%	9.55%	20.4%	28.38%	14.53%	7.15%	25.97%	17.56%	16.63%	9.76%	25.5%	110.06%	17.13%	35.8%	85.67%	8.0%
Operating Profit														$40.14M	$28.60M
YoY Change														40.34%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$50.34M	-$34.23M	-$7.981M	-$8.600M	-$14.40M	-$10.10M	-$9.700M	-$9.900M	-$9.900M	$18.20M	$13.70M	$12.70M	$6.000M	$4.841M	-$1.700M	-$2.700M
YoY Change	-247.05%	328.93%	-7.2%	-40.28%	42.57%	4.12%	-2.02%	0.0%	-154.4%	32.85%	7.87%	111.67%	23.94%	-384.76%	-37.04%	-30.77%
% of Operating Profit														12.06%	-5.94%
Other Income/Expense, Net	$117.7M	$129.1M	$98.66M	$69.58M	$66.60M	$62.02M	$48.17M			$7.140M	$7.505M	$4.036M	$2.554M	$2.452M	$10.90M	$0.00
YoY Change	-8.87%	30.9%	41.78%	4.48%	7.38%	28.75%				-4.86%	85.95%	58.03%	4.16%	-77.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$138.2M	$265.0M	$352.1M	$330.3M	$230.4M	$212.9M	$233.7M	$185.8M	$135.4M	$83.91M	$66.79M	$55.77M	$56.66M	$40.14M	$39.50M	$14.00M
YoY Change	-47.84%	-24.74%	6.6%	43.38%	8.22%	-8.91%	25.76%	37.22%	61.36%	25.64%	19.75%	-1.57%	41.15%	1.63%	182.14%	-14.11%
Income Tax	$35.03M	$56.03M	$86.43M	$84.31M	$57.12M	$51.91M	$21.83M	$71.50M	$52.80M	$32.49M	$25.26M	$22.00M	$21.80M	$31.92M	$0.00	$0.00
% Of Pretax Income	25.34%	21.15%	24.55%	25.53%	24.8%	24.39%	9.34%	38.48%	39.0%	38.72%	37.82%	39.44%	38.47%	79.51%	0.0%	0.0%
Net Earnings	$107.4M	$213.8M	$265.8M	$246.2M	$173.4M	$161.4M	$211.1M	$113.9M	$82.10M	$51.42M	$41.53M	$33.77M	$34.86M	$8.200M	$39.50M	$14.00M
YoY Change	-49.79%	-19.54%	7.96%	41.99%	7.39%	-23.53%	85.36%	38.73%	59.66%	23.82%	22.97%	-3.13%	325.17%	-79.24%	182.14%	-14.11%
Net Earnings / Revenue	10.18%	16.99%	21.11%	22.72%	21.21%	22.26%	29.66%	19.8%	17.54%	14.25%	13.02%	13.15%	22.88%	6.73%	44.5%	28.46%
Basic Earnings Per Share	$3.20	$6.43	$8.27	$7.85	$5.61	$5.15	$6.72			$1.60	$1.23	$1.32	$1.61	$0.55	$2.76
Diluted Earnings Per Share	$3.18	$6.36	$8.15	$7.69	$5.45	$4.96	$6.47	$3.734M	$2.657M	$1.58	$1.21	$1.31	$1.60	$0.55	$2.76	$1.443M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$328.7M	$225.9M	$305.6M	$321.1M	$120.7M	$90.10M	$191.2M	$118.8M	$137.0M	$113.4M	$170.6M	$65.00M	$53.80M	$33.30M	$10.40M	$6.800M
YoY Change	45.47%	-26.07%	-4.82%	166.03%	33.96%	-52.88%	60.94%	-13.28%	20.81%	-33.53%	162.46%	20.82%	61.56%	220.19%	52.94%
Cash & Equivalents	$328.7M	$225.9M	$305.6M	$321.1M	$120.7M	$90.10M	$191.2M	$118.8M	$137.0M	$113.4M	$170.6M	$65.00M	$53.80M	$33.30M	$10.40M	$6.800M
Short-Term Investments
Other Short-Term Assets	$89.80M	$98.59M
YoY Change	-8.92%
Inventory
Prepaid Expenses
Receivables	$233.6M	$202.3M	$212.0M	$65.70M	$52.10M	$50.40M	$41.70M	$29.50M	$23.80M	$223.1M	$27.60M	$1.102B	$268.2M	$302.9M	$101.9M	$111.7M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$40.90M	$18.50M	$13.80M	$15.80M	$4.500M
Total Short-Term Assets	$652.1M	$526.8M	$517.7M	$386.8M	$172.8M	$140.5M	$232.9M	$148.3M	$160.8M	$336.5M	$198.2M	$1.208B	$340.5M	$350.0M	$128.1M	$123.0M
YoY Change	23.78%	1.76%	33.83%	123.84%	22.99%	-39.67%	57.05%	-7.77%	-52.21%	69.78%	-83.59%	254.63%	-2.71%	173.22%	4.15%
Property, Plant & Equipment	$119.2M	$94.76M	$24.83M	$17.40M	$22.30M
YoY Change	25.78%	281.7%	42.67%	-21.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$553.5M	$610.3M	$326.3M	$137.2M	$121.8M	$116.3M	$97.90M	$84.90M	$72.20M	$67.70M	$49.70M	$33.50M	$19.00M	$14.30M	$11.60M	$7.200M
YoY Change	-9.31%	87.02%	137.84%	12.64%	4.73%	18.79%	15.31%	17.59%	6.65%	36.22%	48.36%	76.32%	32.87%	23.28%	61.11%
Other Assets	$21.42M	$17.68M	$42.81M	$19.40M	$8.700M	$20.80M	$6.700M	$9.900M	$5.300M	$13.90M	$5.400M	$7.100M	$7.200M	$4.600M	$7.500M	$4.800M
YoY Change	21.19%	-58.71%	120.68%	122.99%	-58.17%	210.45%	-32.32%	86.79%	-61.87%	157.41%	-23.94%	-1.39%	56.52%	-38.67%	56.25%
Total Long-Term Assets	$3.400B	$3.519B	$4.688B	$4.264B	$2.502B	$2.642B	$1.976B	$2.904B	$3.354B	$1.673B	$930.8M	$481.1M	$182.1M	$135.6M	$115.6M	$60.30M
YoY Change	-3.36%	-24.95%	9.95%	70.4%	-5.27%	33.72%	-31.98%	-13.42%	100.5%	79.73%	93.47%	164.2%	34.29%	17.3%	91.71%
Total Assets	$4.052B	$4.045B	$5.206B	$4.651B	$2.675B	$2.782B	$2.208B	$3.052B	$3.515B	$2.009B	$1.129B	$1.689B	$522.6M	$485.6M	$243.7M	$183.3M
YoY Change
Accounts Payable						$187.4M	$130.5M	$93.20M	$67.70M	$60.60M	$69.20M	$66.80M	$36.40M	$27.50M	$18.80M	$6.200M
YoY Change						43.6%	40.02%	37.67%	11.72%	-12.43%	3.59%	83.52%	32.36%	46.28%	203.23%
Accrued Expenses	$101.4M	$79.62M	$29.52M	$22.60M	$28.20M
YoY Change	27.3%	169.7%	30.63%	-19.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$47.38M	$52.30M	$54.70M	$46.90M	$41.20M	$32.30M	$27.60M	$25.00M	$23.50M	$21.20M	$9.900M	$8.900M	$8.800M	$5.400M
YoY Change		-100.0%	-9.41%	-4.39%	16.63%	13.83%	27.55%	17.03%	10.4%	6.38%	10.85%	114.14%	11.24%	1.14%	62.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$101.4M	$79.62M	$76.90M	$74.90M	$82.90M	$234.3M	$171.7M	$125.5M	$95.30M	$85.60M	$92.70M	$88.00M	$46.30M	$36.40M	$27.60M	$11.60M
YoY Change	27.3%	3.54%	2.67%	-9.65%	-64.62%	36.46%	36.81%	31.69%	11.33%	-7.66%	5.34%	90.06%	27.2%	31.88%	137.93%
Long-Term Debt	$1.370B	$1.248B	$2.682B	$2.809B	$1.200B	$1.457B	$1.102B	$2.154B	$2.814B	$1.383B	$546.4M	$80.90M	$23.90M	$27.60M	$33.00M	$38.20M
YoY Change	9.78%	-53.48%	-4.52%	134.04%	-17.65%	32.3%	-48.87%	-23.44%	103.4%	153.18%	575.4%	238.49%	-13.41%	-16.36%	-13.61%
Other Long-Term Liabilities	$590.0M	$757.9M	$643.9M	$385.5M	$203.1M	$57.70M	$12.10M	$18.50M	$12.00M	$22.40M	$12.80M	$1.167B	$288.7M	$296.9M	$113.5M	$119.7M
YoY Change	-22.16%	17.7%	67.03%	89.81%	251.99%	376.86%	-34.59%	54.17%	-46.43%	75.0%	-98.9%	304.09%	-2.76%	161.59%	-5.18%
Total Long-Term Liabilities	$1.959B	$2.005B	$3.326B	$3.194B	$1.403B	$1.515B	$1.114B	$2.173B	$2.826B	$1.406B	$559.2M	$1.248B	$312.6M	$324.5M	$146.5M	$157.9M
YoY Change	-2.29%	-39.7%	4.11%	127.64%	-7.39%	36.04%	-48.74%	-23.11%	101.02%	151.39%	-55.17%	299.07%	-3.67%	121.5%	-7.22%
Total Liabilities	$2.329B	$2.356B	$3.656B	$3.455B	$1.640B	$1.880B	$1.399B	$2.442B	$3.027B	$1.576B	$726.1M	$1.336B	$358.9M	$361.0M	$173.9M	$169.5M
YoY Change	-1.16%	-35.56%	5.82%	110.72%	-12.79%	34.37%	-42.72%	-19.32%	92.09%	117.04%	-45.63%	272.11%	-0.58%	107.59%	2.6%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	32.70M	32.33M	31.08M	30.44M	29.91M	30.20M	30.18M	32.21M shares	33.76M shares	25.55M shares	21.62M shares	15.03M shares	14.31M shares
Diluted Shares Outstanding	32.88M	32.69M	31.53M	31.08M	30.82M	31.38M	31.39M	32.62M shares	34.34M shares	25.85M shares	21.75M shares	15.04M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $3.6638 Billion

About Walker & Dunlop Inc

Walker & Dunlop, Inc. is a holding company, which engages in the provision of commercial real estate and finance services. The company is headquartered in Bethesda, Maryland and currently employs 1,326 full-time employees. The company went IPO on 2010-12-15. The firm focuses on providing multifamily lending, property sales, commercial real estate debt brokerage, and housing investment management. Its segments include Capital Markets, Servicing & Asset Management, and Corporate. Capital Markets segment provides a range of commercial real estate finance products to customers, including Agency lending, property sales, and appraisal and valuation services, others. Servicing & Asset Management segment's activities include servicing and asset-managing the portfolio of loans the Company- originates and sells to the Agencies; or brokers to certain life insurance companies, and originates through its principal lending and investing activities, and managing third-party capital invested in tax credit equity funds focused on the housing sector, and other commercial real estate. Corporate segment includes treasury operations, and other corporate-level activities.

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