Walker & Dunlop Operating Margin Growth & History (WD)
Walker & Dunlop's operating margin was 33.60% for fiscal 2025.
View full Walker & Dunlop company overviewWalker & Dunlop annual operating margin history
2009
2010
2011
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 33.60% | −9.87 pp |
| 2024 | 2024-12-31 | 43.47% | −9.62 pp |
| 2023 | 2023-12-31 | 53.09% | −5.39 pp |
| 2022 | 2022-12-31 | 58.48% | — |
| 2011 | 2011-12-31 | 37.19% | +4.24 pp |
| 2010 | 2010-12-31 | 32.95% | +0.72 pp |
| 2009 | 2009-12-31 | 32.23% | — |
Walker & Dunlop quarterly operating margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q1.14
Q2.14
Q3.14
Q1.15
Q2.15
Q3.15
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.52% | −57.13 pp |
| Q1 2026 | 2026-03-31 | 36.28% | — |
| Q4 2025 | 2025-12-31 | 9.23% | — |
| Q3 2025 | 2025-09-30 | 60.08% | — |
| Q2 2025 | 2025-06-30 | 59.65% | — |
| Q3 2015 | 2015-09-30 | 27.69% | +2.71 pp |
| Q2 2015 | 2015-06-30 | 28.65% | +4.11 pp |
| Q1 2015 | 2015-03-31 | 31.58% | +13.21 pp |
| Q3 2014 | 2014-09-30 | 24.98% | +7.73 pp |
| Q2 2014 | 2014-06-30 | 24.54% | −1.69 pp |
| Q1 2014 | 2014-03-31 | 18.37% | +0.55 pp |
| Q3 2013 | 2013-09-30 | 17.25% | +0.45 pp |
| Q2 2013 | 2013-06-30 | 26.23% | −6.11 pp |
| Q1 2013 | 2013-03-31 | 17.82% | −9.78 pp |
| Q4 2012 | 2012-12-31 | 18.37% | −19.29 pp |
| Q3 2012 | 2012-09-30 | 16.80% | −12.14 pp |
| Q2 2012 | 2012-06-30 | 32.34% | −10.62 pp |
| Q1 2012 | 2012-03-31 | 27.60% | −9.87 pp |
| Q4 2011 | 2011-12-31 | 37.67% | — |
| Q3 2011 | 2011-09-30 | 28.94% | −2.90 pp |
| Q2 2011 | 2011-06-30 | 42.96% | +4.73 pp |
| Q1 2011 | 2011-03-31 | 37.47% | — |
| Q3 2010 | 2010-09-30 | 31.84% | — |
| Q2 2010 | 2010-06-30 | 38.23% | — |
Walker & Dunlop operating margin trends
Between the periods ended 2009-12-31 and 2025-12-31, Walker & Dunlop's operating margin increased from 32.23% to 33.60%, a change of +1.37 percentage points. The latest reported quarter, Q2 2026, shows 2.52%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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