Walker & Dunlop, Inc. (WD) financial statements (2021 and earlier)
Company profile
| Business Address |
7501 WISCONSIN AVENUE BETHESDA, MD 20814 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 321 | 121 | 90 | 191 | 119 | 137 | 113 | ||
| Cash and cash equivalents | 321 | 121 | 90 | 191 | 119 | 137 | 113 | ||
| Disposal group, including discontinued operation | 1,072 | ||||||||
| Total current assets: | 321 | 121 | 90 | 191 | 119 | 137 | 1,185 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 17 | 22 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Intangible assets, net (including goodwill), including: | 251 | 183 | 177 | 125 | 97 | 91 | 77 | ||
| Goodwill | 249 | 180 | 174 | 124 | 96 | 90 | 75 | ||
| Intangible assets, net (excluding goodwill) | 863 | 719 | 376 | ||||||
| Other undisclosed intangible assets, net (including goodwill) | (861) | (716) | 3 | 1 | 1 | 1 | (374) | ||
| Regulated entity, other noncurrent assets | 3 | ||||||||
| Total noncurrent assets: | 268 | 205 | 177 | 125 | 97 | 94 | 77 | ||
| Other undisclosed assets | 4,062 | 2,349 | 2,515 | 1,893 | 2,836 | 3,284 | 752 | ||
| TOTAL ASSETS: | 4,651 | 2,675 | 2,782 | 2,208 | 3,052 | 3,515 | 2,014 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 186 | 147 | |||||||
| Deferred income tax liabilities | 186 | 147 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent liabilities: | 186 | 147 | |||||||
| Other undisclosed liabilities | 3,269 | 1,486 | 1,875 | 1,393 | 2,437 | 3,023 | 1,581 | ||
| Total liabilities: | 3,455 | 1,633 | 1,875 | 1,393 | 2,437 | 3,023 | 1,581 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,196 | 1,036 | 902 | 809 | 610 | 488 | 433 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 241 | 238 | 235 | 229 | 229 | 216 | 224 | ||
| Accumulated other comprehensive income (loss) | 2 | 1 | (0) | ||||||
| Retained earnings | 953 | 797 | 667 | 580 | 381 | 272 | 209 | ||
| Stockholders' equity attributable to noncontrolling interest | 7 | 5 | 6 | 5 | 4 | ||||
| Total stockholders' equity: | 1,196 | 1,042 | 907 | 815 | 615 | 492 | 433 | ||
| TOTAL LIABILITIES AND EQUITY: | 4,651 | 2,675 | 2,782 | 2,208 | 3,052 | 3,515 | 2,014 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,084 | 817 | 725 | 712 | 575 | 468 | 361 | |
| Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset | 236 | 215 | 200 | ✕ | ✕ | ✕ | ✕ | |
| Financial services revenue | ✕ | ✕ | ✕ | 228 | 175 | 149 | 117 | |
| Cost of revenue | (37) | (7) | (1) | (2) | (0) | |||
| Provision for loan, lease, and other losses | (37) | (7) | (1) | ✕ | ✕ | ✕ | ✕ | |
| Financial services costs | ✕ | ✕ | ✕ | (2) | (0) | |||
| Gross profit: | 1,046 | 810 | 724 | 712 | 575 | 467 | 360 | |
| Operating expenses | (753) | (587) | (512) | (478) | (389) | (333) | (277) | |
| Other operating expense, net (Other Expenses) | (7) | |||||||
| Operating income: | 293 | 223 | 212 | 234 | 186 | 134 | 76 | |
| Interest and debt expense | (9) | (14) | (10) | (10) | (10) | (10) | (18) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 46 | 22 | 11 | 10 | 10 | 12 | 26 | |
| Income from continuing operations before income taxes: | 330 | 230 | 213 | 234 | 186 | 135 | 84 | |
| Income tax expense | (84) | (57) | (52) | (22) | (71) | (53) | (32) | |
| Net income: | 246 | 173 | 161 | 212 | 114 | 83 | 51 | |
| Net income (loss) attributable to noncontrolling interest | 0 | 0 | 0 | (1) | (0) | (0) | ||
| Net income attributable to parent: | 246 | 173 | 161 | 211 | 114 | 82 | 51 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (7) | (6) | (6) | ✕ | ✕ | ✕ | ||
| Net income available to common stockholders, basic: | 239 | 168 | 156 | 211 | 114 | 82 | 51 | |
| Dilutive securities, effect on basic earnings per share | 0 | 0 | 0 | |||||
| Net income available to common stockholders, diluted: | 239 | 168 | 156 | 211 | 114 | 82 | 51 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 246 | 173 | 161 | 212 | 114 | 83 | 51 | |
| Other comprehensive income (loss) | 1 | 1 | (0) | |||||
| Comprehensive income: | 247 | 174 | 161 | 212 | 114 | 83 | 51 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | 0 | 0 | (1) | (0) | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 247 | 174 | 161 | 211 | 114 | 82 | 51 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.