Walker & Dunlop profit margin WD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 3.0%
- Operating margin, 12 months
- 9.2%
- Net margin on a year earlier
- −6.3 pts
- Peer median
- 9.1%
Over the twelve months to Jun 30, 2026, Walker & Dunlop kept 3.0% of its revenue as net profit, with an operating margin of 9.2%.
Five years earlier its net margin was 22.7%.
The median for 10 credit services stocks of a similar size is 9.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 4.6% | 11.6% |
| FY2024 | 9.6% | 17.8% |
| FY2023 | 10.2% | 19.6% |
| FY2022 | 17.0% | 23.8% |
| FY2021 | 21.1% | 28.6% |
| FY2020 | 22.7% | 31.3% |
| FY2019 | 21.2% | n/a |
| FY2018 | 22.3% | n/a |
| FY2017 | 29.7% | n/a |
| FY2016 | 19.8% | n/a |
| FY2015 | 17.5% | n/a |
| FY2014 | 14.3% | n/a |
| FY2013 | 13.0% | n/a |
| FY2012 | 13.2% | n/a |
| FY2011 | 22.9% | 37.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 3.0% | −6.3 pts | 9.2% | |
| Q1 FY26 | 5.3% | −3.3 pts | 12.6% | |
| Q4 FY25 | 4.6% | −5.0 pts | 11.6% | |
| Q3 FY25 | 9.3% | +0.4 pts | 17.3% | |
| Q2 FY25 | 9.3% | +0.9 pts | 17.4% | |
| Q1 FY25 | 8.7% | −0.2 pts | 16.7% | |
| Q4 FY24 | 9.6% | −0.6 pts | 17.8% | |
| Q3 FY24 | 8.9% | −2.1 pts | 17.9% | |
| Q2 FY24 | 8.4% | −4.4 pts | 17.4% | |
| Q1 FY24 | 8.9% | −5.5 pts | 18.0% | |
| Q4 FY23 | 10.2% | −6.8 pts | 19.6% | |
| Q3 FY23 | 11.0% | −7.2 pts | 19.6% |
Against its peers
Companies in Financial - Credit Services nearest Walker & Dunlop's size, closest first, today.
| Company | Profit margin |
|---|---|
| WDWalker & Dunlop | 3.0% |
| JCAPJefferson Capital | 23.5% |
| PWPPerella Weinberg Partners | 3.2% |
| ATLCAtlanticus | 5.8% |
| LQDTLiquidity Services | 6.8% |
| NUTXNutex Health | 21.2% |
| QNSTQuinstreet | n/m |
| RHLDResolute Holdings Management | 4.2% |
| PGYPagaya Technologies | 9.1% |
| HAPNHappen | 18.7% |
| PAYSPaysign | 15.7% |
| Peer median | 9.1% |
Where Walker & Dunlop ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Walker & Dunlop
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.