Walker & Dunlop (WD) Net Margin (2010 - 2026)
Walker & Dunlop (WD) recorded quarterly Net Margin of 5.95% in Q1 2026, up 254.31% quarter-over-quarter from 3.86% in Q4 2025, and up 480.0% on a YoY basis from 1.03% in Q1 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.
- In Q1 2026, Net Margin rose 480.0% year-over-year to 5.95%; the TTM figure through Mar 2026 stood at 5.56% (down 257.0% YoY), while the FY2025 annual figure was 4.62%, down 430.0% from the prior year.
- Net Margin was 5.95% for Q1 2026 at Walker & Dunlop, up from 3.86% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 22.08% in Q1 2022 to a low of 3.86% in Q4 2025.
- Historically, Net Margin has averaged 9.99% across 5 years, with a median of 9.9% in 2025.
- The sharpest annual moves came in 2025 and 2026: Net Margin sank 1591 bps in 2025, then jumped 480 bps in 2026.
- A 5-year view of Net Margin shows it stood at 19.82% in 2022, then sank by 47 bps to 10.58% in 2023, then rose by 14 bps to 12.06% in 2024, then slumped by 132 bps to 3.86% in 2025, then jumped by 254 bps to 5.95% in 2026.
- The last three Net Margin figures came in at 5.95% (Q1 2026), 3.86% (Q4 2025), and 9.9% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 10.10% |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | 15.11% |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | 5.95% |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | 18.90% |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | - |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | -44.13% |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 34.55% |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | -19.18% |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - | 1.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.95% |
| Dec 31, 2025 | -3.86% |
| Sep 30, 2025 | 9.90% |
| Jun 30, 2025 | 10.63% |
| Mar 31, 2025 | 1.15% |
| Dec 31, 2024 | 12.06% |
| Sep 30, 2024 | 9.81% |
| Jun 30, 2024 | 7.50% |
| Mar 31, 2024 | 4.74% |
| Dec 31, 2023 | 10.58% |
| Sep 30, 2023 | 7.87% |
| Jun 30, 2023 | 9.36% |
| Mar 31, 2023 | 11.51% |
| Dec 31, 2022 | 19.82% |
| Sep 30, 2022 | 14.78% |
| Jun 30, 2022 | 15.87% |
| Mar 31, 2022 | 22.08% |
| Dec 31, 2021 | 27.99% |
| Sep 30, 2021 | 20.73% |
| Jun 30, 2021 | 19.92% |