Walker & Dunlop (WD) Tax Rate (2011 - 2026)
Walker & Dunlop (WD) reported Tax Rate of -36.84% for Q2 2026, down 63.63 percentage points from 26.79% a year earlier and down 67.75 percentage points from the prior quarter.
Walker & Dunlop (WD) Tax Rate (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Walker & Dunlop's Tax Rate came in at 25.86%, up 1.28 percentage points year-over-year; for FY2025, it came in at 27.87%, up 4.64 percentage points from FY2024.
- Tax Rate has a five-year change of +2.34 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 23.23% in FY2024 (-2.12 pp), 25.34% in FY2023 (+4.20 pp), 21.15% in FY2022 (-3.40 pp) and 24.55% in FY2021 (-0.98 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2017.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -6.20 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 27.10 percentage points); the low point was Q2 2026 (a drop of 63.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 30.91% (Q1 2026), 29.35% (Q4 2025) and 27.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Walker & Dunlop | 1.17 Bn | 254.01 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 30.91% |
| Sep 30, 2025 | 27.25% |
| Jun 30, 2025 | 26.79% |
| Mar 31, 2025 | 48.04% |
| Dec 31, 2024 | 21.02% |
| Sep 30, 2024 | 23.52% |
| Jun 30, 2024 | 28.02% |
| Mar 31, 2024 | 20.94% |
| Dec 31, 2023 | 26.24% |
| Sep 30, 2023 | 25.06% |
| Jun 30, 2023 | 29.13% |
| Mar 31, 2023 | 20.62% |
| Dec 31, 2022 | 20.22% |
| Sep 30, 2022 | 13.90% |
| Jun 30, 2022 | 26.50% |
| Mar 31, 2022 | 21.62% |
| Dec 31, 2021 | 27.42% |
| Sep 30, 2021 | 24.23% |
| Jun 30, 2021 | 24.55% |
| Mar 31, 2021 | 20.66% |
Walker & Dunlop Tax Rate 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=tax-rate&ticker=WD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();