Walker & Dunlop Inc
Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate. The company offers first mortgage, second trust, supplemental, constr… Read more
Walker & Dunlop Inc (WD) - Net Assets
Latest net assets as of September 2025: $1.78 Billion USD
Based on the latest financial reports, Walker & Dunlop Inc (WD) has net assets worth $1.78 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.80 Billion) and total liabilities ($4.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.78 Billion |
| % of Total Assets | 30.66% |
| Annual Growth Rate | 35.36% |
| 5-Year Change | 47.12% |
| 10-Year Change | 257.44% |
| Growth Volatility | 95.84 |
Walker & Dunlop Inc - Net Assets Trend (2008–2024)
This chart illustrates how Walker & Dunlop Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Walker & Dunlop Inc (2008–2024)
The table below shows the annual net assets of Walker & Dunlop Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.76 Billion | +0.79% |
| 2023-12-31 | $1.75 Billion | +1.71% |
| 2022-12-31 | $1.72 Billion | +8.65% |
| 2021-12-31 | $1.58 Billion | +32.10% |
| 2020-12-31 | $1.20 Billion | +14.77% |
| 2019-12-31 | $1.04 Billion | +14.89% |
| 2018-12-31 | $907.19 Million | +11.31% |
| 2017-12-31 | $814.98 Million | +32.50% |
| 2016-12-31 | $615.07 Million | +24.93% |
| 2015-12-31 | $492.35 Million | +13.59% |
| 2014-12-31 | $433.45 Million | +7.60% |
| 2013-12-31 | $402.84 Million | +14.06% |
| 2012-12-31 | $353.18 Million | +115.81% |
| 2011-12-31 | $163.65 Million | +31.30% |
| 2010-12-31 | $124.64 Million | +78.54% |
| 2009-12-31 | $69.81 Million | +404.05% |
| 2008-12-31 | $13.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Walker & Dunlop Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6034.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.32 Billion | 75.40% |
| Common Stock | $332.00K | 0.02% |
| Other Comprehensive Income | $586.00K | 0.03% |
| Other Components | $429.00 Million | 24.54% |
| Total Equity | $1.75 Billion | 100.00% |
Walker & Dunlop Inc Competitors by Market Cap
The table below lists competitors of Walker & Dunlop Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
StarPower Semiconductor Ltd
SHG:603290
|
$1.50 Billion |
|
MOBVISTA INC. DL-01
F:6MO
|
$1.50 Billion |
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
$1.50 Billion |
|
Upwork Inc
NASDAQ:UPWK
|
$1.51 Billion |
|
V2X INC. DL-01
F:1V1
|
$1.50 Billion |
|
Seazen Holdings Co Ltd
SHG:601155
|
$1.50 Billion |
|
Sims Limited
PINK:SMUPF
|
$1.50 Billion |
|
Alexander & Baldwin Holdings Inc
NYSE:ALEX
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walker & Dunlop Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,723,750,000 to 1,747,863,000, a change of 24,113,000 (1.4%).
- Net income of 108,167,000 contributed positively to equity growth.
- Dividend payments of 88,634,000 reduced retained earnings.
- Share repurchases of 12,381,000 reduced equity.
- Other comprehensive income increased equity by 1,065,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $108.17 Million | +6.19% |
| Dividends Paid | $88.63 Million | -5.07% |
| Share Repurchases | $12.38 Million | -0.71% |
| Other Comprehensive Income | $1.06 Million | +0.06% |
| Other Changes | $15.90 Million | +0.91% |
| Total Change | $- | 1.40% |
Book Value vs Market Value Analysis
This analysis compares Walker & Dunlop Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 48.82x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.94 | $45.87 | x |
| 2009-12-31 | $2.15 | $45.87 | x |
| 2010-12-31 | $8.29 | $45.87 | x |
| 2011-12-31 | $7.53 | $45.87 | x |
| 2012-12-31 | $13.67 | $45.87 | x |
| 2013-12-31 | $11.73 | $45.87 | x |
| 2014-12-31 | $13.29 | $45.87 | x |
| 2015-12-31 | $15.76 | $45.87 | x |
| 2016-12-31 | $19.58 | $45.87 | x |
| 2017-12-31 | $25.13 | $45.87 | x |
| 2018-12-31 | $28.15 | $45.87 | x |
| 2019-12-31 | $33.61 | $45.87 | x |
| 2020-12-31 | $38.48 | $45.87 | x |
| 2021-12-31 | $49.16 | $45.87 | x |
| 2022-12-31 | $51.68 | $45.87 | x |
| 2023-12-31 | $52.43 | $45.87 | x |
| 2024-12-31 | $52.71 | $45.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walker & Dunlop Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.55%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.51x
- Recent ROE (6.19%) is below the historical average (24.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 62.82% | 17.69% | 0.27x | 13.24x | $7.32 Million |
| 2009 | 128.46% | 44.53% | 0.36x | 7.92x | $36.45 Million |
| 2010 | 6.60% | 6.75% | 0.25x | 3.90x | $-4.24 Million |
| 2011 | 21.30% | 22.88% | 0.29x | 3.19x | $18.50 Million |
| 2012 | 9.56% | 13.15% | 0.15x | 4.78x | $-1.55 Million |
| 2013 | 10.31% | 13.02% | 0.28x | 2.80x | $1.25 Million |
| 2014 | 11.86% | 14.25% | 0.18x | 4.65x | $8.08 Million |
| 2015 | 16.83% | 17.54% | 0.13x | 7.20x | $33.34 Million |
| 2016 | 18.67% | 19.80% | 0.19x | 5.00x | $52.88 Million |
| 2017 | 26.08% | 29.66% | 0.32x | 2.73x | $130.19 Million |
| 2018 | 17.90% | 22.26% | 0.26x | 3.08x | $71.23 Million |
| 2019 | 16.74% | 21.21% | 0.31x | 2.58x | $69.80 Million |
| 2020 | 20.58% | 22.72% | 0.23x | 3.89x | $126.55 Million |
| 2021 | 17.14% | 21.11% | 0.25x | 3.26x | $110.75 Million |
| 2022 | 12.66% | 16.99% | 0.31x | 2.39x | $44.88 Million |
| 2023 | 6.23% | 10.18% | 0.26x | 2.35x | $-65.02 Million |
| 2024 | 6.19% | 9.55% | 0.26x | 2.51x | $-66.62 Million |
Industry Comparison
This section compares Walker & Dunlop Inc's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $854,818,960
- Average return on equity (ROE) among peers: -13.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walker & Dunlop Inc (WD) | $1.78 Billion | 62.82% | 2.26x | $1.50 Billion |
| Atrium Mortgage Investment Corporation (AMIVF) | $482.21 Million | 10.68% | 0.82x | $339.62 Million |
| AVVAA World Health Care Products Inc (AVVH) | $-41.07K | 0.00% | 0.00x | $16.78 |
| Better Home & Finance Holding Company (BETR) | $15.42 Million | 64.09% | 22.39x | $351.94 Million |
| Eastside Distilling, Inc. (BLNE) | $1.58 Million | -256.44% | 0.29x | $50.97 Million |
| Dominion Lending Centres Inc (BRLGF) | $157.84 Million | -4.27% | 1.04x | $184.06 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $38.54 Million |
| Mr. Cooper Group Inc (COOP) | $882.60 Million | 10.81% | 9.17x | $13.29 Billion |
| Dominion Resources Black Warrior Trust (DOMR) | $11.00 Million | 38.58% | 0.01x | $0.99 |
| DVL Inc (DVLN) | $7.57 Million | 6.67% | 5.00x | $18.05 Million |
| ECN Capital Corp. (ECNNF) | $879.03 Million | -1.68% | 0.96x | $1.32 Billion |