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Companies / Financials / Walker & Dunlop, Inc.
WD

Walker & Dunlop, Inc.

FinancialsFinance Services
Ticker WDBETHESDA, MDFiscal year ends DecemberBook value per share $49.60Diluted shares 33.3M

Walker & Dunlop, Inc. (NYSE: WD) provides commercial real estate finance, brokerage, investment management, and technology services, primarily to owners and developers of multifamily properties and other commercial real estate assets in the United States. Its offerings include multifamily and other commercial property… From the company’s description.

Over the twelve months to Sep 30, 2026, Walker & Dunlop, Inc. reported revenue of $1.25B, up 0.9% from a year earlier, and a net loss of $29.21M. In fiscal 2025, it reported revenue of $1.23B, up 9.0% from fiscal 2024, and net income of $56.98M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.23BFY2025
+9.0% year over year
Last 12 mo $1.25B
10.98%FY2025
$56.98MFY2025
−43.6% year over year
Last 12 mo $-29.21M
4.77%FY2025
−2.9 percentage points
Last 12 mo -1.95%
Cash & financing
$-664.31MFY2025
−613.5% year over year
Last 12 mo $1.55B
$-680.08MFY2025
−684.3% year over year
Last 12 mo $1.54B
1.30FY2025
Was 0.89× a year earlier
Last 12 mo 0.95
33.4MFY2025
+0.6% year over year
Last 12 mo 33.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Walker & Dunlop, Inc. does

In the company’s own words

Walker & Dunlop, Inc. (NYSE: WD) provides commercial real estate finance, brokerage, investment management, and technology services, primarily to owners and developers of multifamily properties and other commercial real estate assets in the United States. Its offerings include multifamily and other commercial property lending, debt brokerage, property sales, appraisal and valuation, housing-market research and investment banking, loan servicing, and affordable housing development and tax-credit investment services. The company originates loans through programs sponsored by Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development, and also arranges financing from banks, life insurers, and other institutional investors. It reports three segments: Capital Markets, which includes lending, brokerage, sales, appraisal, research, and advisory services; Servicing & Asset Management, which covers loan servicing, investment management, and affordable housing activities; and Corporate, which includes treasury and corporate functions. Its businesses include Walker & Dunlop Investment Sales, Apprise, Zelman & Associates, and Walker & Dunlop Affordable Equity. In fiscal 2025, revenue was $1.23 billion and the company had 1,466 employees. Its website is http://www.walkerdunlop.com.

Company details
Sector
Financials
Industry (SIC)
Finance Services
Headquarters
BETHESDA, MD
Fiscal year end
December
CIK
1497770
SIC
6199

Financial performance, year by year

Fiscal 2011–2025 · USD
$-158.05M$228.47M$614.98M$1.00B$1.39B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Walker & Dunlop, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

248
funds hold it
0 of 35
superinvestors hold it
$838.96M
held by funds, at market
45.4%
of shares held by funds

Largest fund holders · Walker & Dunlop, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.10%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.35%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Walker & Dunlop, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Walker & Dunlop, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Walker & Dunlop, Inc.'s last four quarterly filings that the numbers alone won't show?”
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