Walker & Dunlop (WD) Net Margin (2010 - 2026)
Walker & Dunlop (WD) posted Net Margin of 0.98% for Q2 2026, down 9.66 percentage points from 10.64% a year earlier and down 4.29 percentage points from the prior quarter.
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Analysis
Walker & Dunlop (WD) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Walker & Dunlop was 2.99%, down 6.28 percentage points year-over-year; for FY2025, it was 4.56%, down 4.99 percentage points from FY2024.
- Annual Net Margin has declined for five consecutive years, with a five-year change of -18.16 percentage points (FY2020 to FY2025).
- In prior years, Walker & Dunlop's Net Margin was 9.55% in FY2024 (-0.63 pp), 10.18% in FY2023 (-6.81 pp), 16.99% in FY2022 (-4.12 pp) and 21.11% in FY2021 (-1.61 pp).
- Quarterly Net Margin has run from a low of -4.09% in Q4 2025 to a high of 22.29% in Q1 2022 over five years.
- On a year-over-year basis, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -2.63 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2026, with a gain of 4.11 percentage points; the weakest was Q4 2025, with a drop of 17.22 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 5.27% (Q1 2026), -4.09% (Q4 2025) and 9.91% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 8.26% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 18.21% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Walker & Dunlop | 1.17 Bn | 254.01 Mn | - | 0.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.98% |
| Mar 31, 2026 | 5.27% |
| Dec 31, 2025 | -4.09% |
| Sep 30, 2025 | 9.91% |
| Jun 30, 2025 | 10.64% |
| Mar 31, 2025 | 1.16% |
| Dec 31, 2024 | 13.13% |
| Sep 30, 2024 | 9.85% |
| Jun 30, 2024 | 8.37% |
| Mar 31, 2024 | 5.20% |
| Dec 31, 2023 | 11.52% |
| Sep 30, 2023 | 7.98% |
| Jun 30, 2023 | 10.14% |
| Mar 31, 2023 | 11.17% |
| Dec 31, 2022 | 14.67% |
| Sep 30, 2022 | 14.84% |
| Jun 30, 2022 | 15.93% |
| Mar 31, 2022 | 22.29% |
| Dec 31, 2021 | 19.63% |
| Sep 30, 2021 | 20.71% |
API Access
Walker & Dunlop Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();