Walker And Dunlop Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Walker And Dunlop Inc (WD) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Walker And Dunlop Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 1,286M vs 328,692M combined for tracked competitors (0.4% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-4.6% annualized vs trailing 12 months), vs accelerating (+6.9%) for its tracked peer group.
- Growth: Walker And Dunlop Inc generated -3.9% revenue growth year over year in Q2 2026, vs 28.9% for its tracked competitors combined.
- Profitability: Its 0.9% net margin compares with 21.7% for the peer group.
- Scale: Walker And Dunlop Inc ranks #36 of 117 companies by market capitalization in the Miscellaneous Financial Services industry, holding 0.2% of industry market cap.
- Peer revenue share: Walker And Dunlop Inc accounted for 0.4% of combined revenue among its tracked peer group, down from 0.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.88M compares with $0.65M for the peer group (1.3x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
WD Sales vs. its Competitors, Q2 2026
Walker And Dunlop Inc reported revenue contraction of 3.93 % year on year in Q2 2026, below its competitors' combined revenue growth of 28.86 %.
With a net margin of 0.93 %, Walker And Dunlop Inc reported lower profitability than its competitors (21.68 %).
Walker And Dunlop Inc generated 0.35 % of the combined sales of its peer group, down from 0.47 % a year earlier.
Walker And Dunlop Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Walker And Dunlop Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Walker and Dunlop Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Walker And Dunlop Inc's competitor groups requires a Commercial License.
For context: the Miscellaneous Financial Services industry grew revenue 293.3% year over year, combined, vs -3.9% for Walker And Dunlop Inc. Walker And Dunlop Inc's share of combined industry revenue moved from 0.38% to 0.09%, a loss of 0.29 percentage points.
Walker And Dunlop Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Walker and Dunlop Inc | Yes | Yes | Yes | Yes |
| Competitors combined (17) | ||||
| Similar-Size Competitors (8) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 87.50 % (7 of 8) | 87.50 % (7 of 8) | 57.10 % (4 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
WD Stock Performance relative to its Competitors
WD Stock Performance relative to Similar-Size Competitors
WD Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Northwest Bancshares inc | 282.9% | Outperformed |
| 2 | M and t Bank Corporation | 282.9% | Outperformed |
| 3 | Pnc Financial Services Group Inc | 282.9% | Outperformed |
| 4 | Bank Of America Corporation | 282.9% | Outperformed |
| 5 | Truist Financial Corporation | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Walker And Dunlop Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Walker And Dunlop Inc's Comment on Competition and Industry Peers
We are one of 25 approved lenders that participate in Fannie Mae’s DUS
program and one of 23 lenders approved as a Freddie Mac Program Plus lender.
We face significant competition across our business, including, but not limited
to, commercial banks, commercial real estate service providers, CMBS conduits,
and insurance companies, some of which are also investors in loans we originate.
Many of these competitors enjoy advantages over us, including greater name recognition,
financial resources, and access to lower-cost capital. Commercial banks may
have an advantage over us in originating commercial loans if borrowers already
have other lending relationships with the bank.
We compete on the basis of quality of service, relationships, loan structure,
terms, pricing, and industry depth. Industry depth includes the knowledge of
local and national real estate market conditions, commercial real estate, loan
product expertise, and the ability to analyze and manage credit risk. Our competitors
seek to compete aggressively on the basis of these factors and our success depends
on our ability to offer attractive loan products, provide superior service,
demonstrate industry depth, maintain and capitalize on relationships with investors,
borrowers and key loan correspondents, and remain competitive in pricing. In
addition, future changes in laws, regulations, GSE and HUD program requirements,
and consolidation in the commercial real estate finance market could lead to
the entry of more competitors.
Publicly Traded Peers of Walker and Dunlop Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Walker and Dunlop Inc | 1,232.51 | 1,285.72 |
| Bank Of America Corporation | 404,609.27 | 121,098.00 |
| Capital one financial corp | 122,021.31 | 51,099.00 |
| Pnc Financial Services Group Inc | 90,139.01 | 25,026.00 |
| Truist Financial Corporation | 58,346.39 | 19,028.00 |
| D r Horton Inc | 39,455.86 | 33,349.80 |
| SUBTOTAL | 846,512.34 | 338,290.98 |
Sign in to see all competitors of Walker and Dunlop Inc .
Sources: Walker and Dunlop Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Walker and Dunlop Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Walker And Dunlop Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Walker and Dunlop Inc | Capital Markets 53.91 % |
| D r Horton Inc | HomeBuildingOps 94.14 % |
| Pultegroup Inc | Florida 26.99 % |
| Lennar Corp | Homebuilding West 34.85 % |
| Onity Group Inc | Servicing 81.65 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Walker And Dunlop Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Walker and Dunlop Inc | 1,233 | 877,026 | 28,020 |
| Bank Of America Corporation | 404,609 | 568,535 | 158,005 |
| Capital one financial corp | 122,021 | 669,712 | 137,615 |
| Pnc Financial Services Group Inc | 90,139 | 452,280 | 138,832 |
| Truist Financial Corporation | 58,346 | 513,078 | 157,472 |
| D r Horton Inc | 39,456 | 2,325,486 | 215,808 |
| PEERS TOTAL | 845,280 | 653,422 | 140,728 |
Sign in to see all peers for Walker and Dunlop Inc .
Walker And Dunlop Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 103 companies in Walker And Dunlop Inc's industry classification, broader than the peer set above. Market cap in millions of $.Walker And Dunlop Inc ranks #36 of 103 companies by market capitalization in its industry, holding 0.19 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,330, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | American Express Company | 207,998 | 32.18 % |
| 2 | Nu Holdings Ltd | 59,992 | 9.28 % |
| 3 | Coinbase Global Inc | 50,520 | 7.82 % |
| 4 | Eason Technology Limited | 36,989 | 5.72 % |
| 5 | Strategy Inc | 1,234 | 5.2% |
| 6 | Federal National Mortgage Association Fannie Mae | 1,234 | 5.2% |
| 7 | Synchrony Financial | 1,234 | 5.2% |
| 8 | Circle Internet Group Inc | 1,234 | 5.2% |
| 9 | Sofi Technologies Inc | 1,234 | 5.2% |
| 10 | Bitmine Immersion Technologies Inc | 1,234 | 5.2% |
| 36 | Walker and Dunlop Inc | 1,233 | 0.19 % |
Market cap and industry share for the rest of Walker And Dunlop Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Walker And Dunlop Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 31 | Pagaya Technologies Ltd | 1,653 | -51.15 % |
| 33 | Bitdeer Technologies Group | 1,516 | -31.08 % |
| 34 | Perella Weinberg Partners | 1,489 | -33.86 % |
| 35 | X Financial | 1,280 | -62.25 % |
| 36 | Walker and Dunlop Inc | 1,233 | -54.74 % |
| 37 | Resolute Holdings Management inc | 1,234 | 12.3% |
| 38 | Hyperliquid Strategies Inc | 1,234 | 12.3% |
| 39 | Burford Capital Limited | 1,234 | 12.3% |
| 40 | Finvolution Group | 1,234 | 12.3% |
| 41 | Hive Digital Technologies Ltd | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Walker And Dunlop Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Walker And Dunlop Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Miscellaneous Financial Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (80 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | - | 53.42 % (avg) | - |
| Operating Margin | 46.87 % | industry median | +61.4 pp |
| EBITDA Margin | 27.11 % | 2.15 % (avg) | +25.0 pp |
| Capital Intensity (Capex / Revenue) | 0.94 % | 4.86 % (avg) | -3.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Walker And Dunlop Inc's Valuation vs Competitive Position
Valuation multiples vs the Miscellaneous Financial Services industry average (80 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 46.5x | 18.8x | +27.7x |
| EV / EBITDA | 6.6x | 15.3x | -8.7x |
| P/B | 1.0x | 3.1x | -2.1x |
| Return on Equity | 2.35 % | industry aggregate | 9.24 % |
| Return on Invested Capital | 8.05 % | 0.51 % (avg) | 7.54 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Walker And Dunlop Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 1.88 % | 12.68 % | 32.61 % | 16.19 % | -0.03 % | -16.23 % | 7.40 % | 8.99 % |
| Operating Margin | 39.30 % | 38.33 % | 41.14 % | 35.37 % | 21.05 % | 51.23 % | 51.54 % | 50.73 % |
| Return on Invested Capital | 8.37 % | 8.65 % | 8.42 % | 7.75 % | 4.03 % | 8.48 % | 9.35 % | 8.89 % |
| P/E | 8.8x | 12.0x | 10.8x | 17.6x | 13.4x | 29.0x | 32.2x | 39.6x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Walker And Dunlop Inc's Strategic Group Map
Every company in Walker And Dunlop Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Walker And Dunlop Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Walker And Dunlop Inc's BCG Growth-Share Matrix
Relative market share (vs Walker And Dunlop Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Walker And Dunlop Inc falls in the Dog quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 3.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Walker And Dunlop Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,330 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.94 % vs industry average 4.86 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Walker And Dunlop Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Walker And Dunlop Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Walker And Dunlop Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Walker And Dunlop Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Walker And Dunlop Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 61.4 points above the industry median.
- Return on equity 9.2 points above the industry aggregate.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-4.6% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.01x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Walker And Dunlop Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Walker and Dunlop Inc | 7.36 | 27.14 | 0.47 |
| Bank Of America Corporation | 0.09 | 0.52 | 1.25 |
| Capital one financial corp | 0.03 | 1.03 | 0.39 |
| Pnc Financial Services Group Inc | 0.03 | 0.02 | 1.15 |
| Truist Financial Corporation | 0.09 | 0.16 | 1.08 |
| D r Horton Inc | 0.64 | 6.12 | 0.19 |
Sign in to see all peers for Walker and Dunlop Inc .
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Walker And Dunlop Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Walker and Dunlop Inc | Q2 2026 | -3.9 % | -91.6 % |
| Bank Of America Corporation | Q2 2026 | +15.0 % | +27.5 % |
| Capital one financial corp | Q2 2026 | +1,392.5 % | - |
| Pnc Financial Services Group Inc | Q2 2026 | +21.4 % | +25.1 % |
| Truist Financial Corporation | Q2 2026 | +8.2 % | +25.2 % |
| D r Horton Inc | Q2 2026 | +0.0 % | -11.1 % |
| PEERS TOTAL | +28.8 % | +94.7 % |
Sign in to see all peers for Walker and Dunlop Inc .
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Walker And Dunlop Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Walker and Dunlop Inc | Q2 2026 | - | -76.6 % |
| Bank Of America Corporation | Q2 2026 | - | - |
| Capital one financial corp | Q2 2026 | -73.8 % | -8.0 % |
| Pnc Financial Services Group Inc | Q2 2026 | - | - |
| Truist Financial Corporation | Q2 2026 | -24.2 % | - |
| D r Horton Inc | Q2 2026 | +0.9 % | -8.7 % |
Sign in to see all peers for Walker and Dunlop Inc .
Walker And Dunlop Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Walker and Dunlop Inc | 0.75% | 0.72% | 2.35% |
| Bank Of America Corporation | 0.97% | 2.76% | 11.13% |
| Capital one financial corp | 1.56% | 3.24% | 9.26% |
| Pnc Financial Services Group Inc | 1.30% | 3.15% | 12.42% |
| Truist Financial Corporation | 1.06% | 2.65% | 9.01% |
| D r Horton Inc | 8.66% | 9.84% | 12.62% |
Sign in to see all peers for Walker and Dunlop Inc .
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Walker And Dunlop Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Walker and Dunlop Inc | 33.67 | 0.96 |
| Bank Of America Corporation | 12.78 | 3.34 |
| Capital one financial corp | 11.69 | 2.39 |
| Pnc Financial Services Group Inc | 12.33 | 3.60 |
| Truist Financial Corporation | 10.83 | 3.07 |
| D r Horton Inc | 13.42 | 1.18 |
| PEERS AVERAGE | 11.66 | 2.50 |
Sign in to see all peers for Walker and Dunlop Inc .
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.