Walker & Dunlop (WD) Net Margin (2010 - 2026)
Walker & Dunlop's (WD) quarterly Net Margin came in at 5.95% in Q1 2026, up 480.0% year-on-year from 1.03% in Q1 2025, and up 206.82% quarter-over-quarter from 5.57% in Q4 2025.
Walker & Dunlop (WD) Net Margin (2010 - 2026) Analysis & Trends
Walker & Dunlop's Net Margin history runs 17 years deep, the most recent figure standing at 5.95% for Q1 2026.
- On a quarterly basis, Net Margin rose 480.0% year-over-year to 5.95% in Q1 2026; TTM through Mar 2026 was 6.0%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 4.14%, down 455.0% from the prior year.
- Net Margin grew to 5.95% in Q1 2026 per WD's latest filing, from 5.57% in the prior quarter.
- Across five years, Net Margin topped out at 22.08% in Q1 2022 and bottomed at 5.57% in Q4 2025.
- The 5-year median for Net Margin is 9.81% (2024), against an average of 9.42%.
- Across the five-year window, Net Margin slumped 2347 bps in 2022 and soared 480 bps in 2026, its largest moves.
- Year by year, Net Margin stood at 13.31% in 2022, then retreated by 4 bps to 12.77% in 2023, then tumbled by 61 bps to 5.02% in 2024, then slumped by 211 bps to 5.57% in 2025, then jumped by 207 bps to 5.95% in 2026.
- Per Business Quant, the three latest WD Net Margin figures stand at 5.95% (Q1 2026), 5.57% (Q4 2025), and 13.33% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 10.10% |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 1.18% |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 0.33% |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 15.11% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 5.95% |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -22.22% |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 18.90% |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -44.13% |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 34.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.95% |
| Dec 31, 2025 | -5.57% |
| Sep 30, 2025 | 13.33% |
| Jun 30, 2025 | 10.63% |
| Mar 31, 2025 | 1.15% |
| Dec 31, 2024 | 5.02% |
| Sep 30, 2024 | 9.81% |
| Jun 30, 2024 | 7.50% |
| Mar 31, 2024 | 4.74% |
| Dec 31, 2023 | 12.77% |
| Sep 30, 2023 | 7.87% |
| Jun 30, 2023 | 9.36% |
| Mar 31, 2023 | 11.51% |
| Dec 31, 2022 | 13.31% |
| Sep 30, 2022 | 14.78% |
| Jun 30, 2022 | 15.87% |
| Mar 31, 2022 | 22.08% |
| Dec 31, 2021 | 36.78% |
| Sep 30, 2021 | 20.73% |
| Jun 30, 2021 | 19.92% |