Annual Income Statements for Walker & Dunlop
This table shows Walker & Dunlop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Walker & Dunlop
This table shows Walker & Dunlop's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
47 |
41 |
27 |
28 |
21 |
32 |
12 |
23 |
29 |
45 |
Consolidated Net Income / (Loss) |
|
47 |
38 |
27 |
26 |
21 |
29 |
11 |
20 |
29 |
41 |
Net Income / (Loss) Continuing Operations |
|
47 |
38 |
27 |
26 |
21 |
29 |
11 |
20 |
29 |
41 |
Total Pre-Tax Income |
|
54 |
47 |
35 |
36 |
28 |
39 |
14 |
28 |
38 |
52 |
Total Non-Interest Expense |
|
-54 |
-47 |
-35 |
-36 |
-28 |
-39 |
-14 |
-28 |
-38 |
-52 |
Salaries and Employee Benefits |
|
157 |
138 |
119 |
133 |
137 |
126 |
111 |
133 |
146 |
169 |
Other Operating Expenses |
|
-282 |
-243 |
-215 |
-242 |
-240 |
-240 |
-199 |
-238 |
-260 |
-294 |
Depreciation Expense |
|
60 |
58 |
57 |
56 |
57 |
56 |
56 |
56 |
58 |
68 |
Other Special Charges |
|
11 |
13 |
4.50 |
16 |
18 |
19 |
18 |
21 |
21 |
20 |
Income Tax Expense |
|
7.53 |
9.54 |
7.14 |
10 |
7.07 |
10 |
2.86 |
7.90 |
8.82 |
11 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
-0.17 |
-3.86 |
0.81 |
-2.11 |
-0.31 |
-2.56 |
-1.05 |
-2.37 |
-0.12 |
-3.67 |
Basic Earnings per Share |
|
$1.41 |
$1.25 |
$0.80 |
$0.82 |
$0.64 |
$0.94 |
$0.35 |
$0.67 |
$0.85 |
$1.32 |
Weighted Average Basic Shares Outstanding |
|
32.29M |
32.33M |
32.53M |
32.70M |
32.74M |
32.70M |
32.98M |
33.12M |
33.17M |
33.12M |
Diluted Earnings per Share |
|
$1.40 |
$1.23 |
$0.79 |
$0.82 |
$0.64 |
$0.93 |
$0.35 |
$0.67 |
$0.85 |
$1.32 |
Weighted Average Diluted Shares Outstanding |
|
32.62M |
32.69M |
32.82M |
32.85M |
32.90M |
32.88M |
33.05M |
33.15M |
33.20M |
33.16M |
Weighted Average Basic & Diluted Shares Outstanding |
|
33.01M |
33.05M |
33.34M |
33.34M |
33.45M |
33.52M |
33.72M |
33.75M |
33.77M |
33.80M |
Annual Cash Flow Statements for Walker & Dunlop
This table details how cash moves in and out of Walker & Dunlop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
20 |
-0.92 |
75 |
-166 |
16 |
221 |
35 |
-135 |
133 |
-64 |
Net Cash From Operating Activities |
|
-1,339 |
759 |
1,068 |
64 |
428 |
-1,411 |
870 |
1,583 |
-0.52 |
129 |
Net Cash From Continuing Operating Activities |
|
-1,339 |
759 |
1,068 |
64 |
428 |
-1,414 |
864 |
1,583 |
-0.52 |
129 |
Net Income / (Loss) Continuing Operations |
|
83 |
114 |
212 |
161 |
173 |
246 |
266 |
209 |
103 |
101 |
Consolidated Net Income / (Loss) |
|
83 |
114 |
212 |
161 |
173 |
246 |
266 |
209 |
103 |
101 |
Provision For Loan Losses |
|
1.64 |
-0.61 |
-0.24 |
0.81 |
7.27 |
37 |
-13 |
-12 |
-10 |
11 |
Depreciation Expense |
|
98 |
111 |
131 |
142 |
152 |
169 |
210 |
235 |
227 |
238 |
Non-Cash Adjustments to Reconcile Net Income |
|
-1,526 |
507 |
722 |
-238 |
126 |
-1,927 |
429 |
1,192 |
-297 |
-162 |
Changes in Operating Assets and Liabilities, net |
|
2.96 |
23 |
0.66 |
-7.51 |
-30 |
61 |
-28 |
-41 |
-23 |
-58 |
Net Cash From Investing Activities |
|
-27 |
-67 |
97 |
-552 |
-80 |
115 |
-378 |
-134 |
127 |
-38 |
Net Cash From Continuing Investing Activities |
|
-27 |
-67 |
97 |
-552 |
-80 |
115 |
-378 |
-134 |
127 |
-38 |
Acquisitions |
|
-13 |
-6.35 |
-15 |
-53 |
-7.18 |
-47 |
-421 |
-114 |
0.00 |
0.00 |
Purchase of Investment Securities |
|
-187 |
-486 |
-221 |
-744 |
-457 |
-253 |
-699 |
-156 |
-44 |
-103 |
Sale and/or Maturity of Investments |
|
172 |
426 |
339 |
249 |
384 |
415 |
742 |
136 |
171 |
65 |
Net Cash From Financing Activities |
|
1,386 |
-694 |
-1,089 |
322 |
-332 |
1,518 |
-458 |
-1,584 |
6.77 |
-155 |
Net Cash From Continuing Financing Activities |
|
1,386 |
-694 |
-1,089 |
322 |
-332 |
1,518 |
-458 |
-1,584 |
6.77 |
-155 |
Issuance of Debt |
|
137 |
326 |
140 |
514 |
180 |
64 |
865 |
36 |
196 |
0.00 |
Repayment of Debt |
|
1,289 |
-1,010 |
-1,198 |
-95 |
-443 |
1,543 |
-1,245 |
-1,471 |
-52 |
0.10 |
Repurchase of Common Equity |
|
-50 |
-13 |
-35 |
-69 |
-31 |
-46 |
-19 |
-42 |
-21 |
-12 |
Payment of Dividends |
|
- |
0.00 |
0.00 |
-31 |
-37 |
-45 |
-64 |
-80 |
-85 |
-89 |
Other Financing Activities, Net |
|
1.41 |
-0.01 |
0.00 |
-5.15 |
-6.45 |
-12 |
0.00 |
-27 |
-32 |
-54 |
Cash Interest Paid |
|
33 |
39 |
56 |
56 |
64 |
46 |
38 |
77 |
114 |
105 |
Cash Income Taxes Paid |
|
35 |
34 |
46 |
46 |
40 |
30 |
43 |
59 |
31 |
32 |
Quarterly Cash Flow Statements for Walker & Dunlop
This table details how cash moves in and out of Walker & Dunlop's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
9.30 |
53 |
-24 |
49 |
17 |
91 |
-111 |
0.89 |
-15 |
61 |
Net Cash From Operating Activities |
|
-1,321 |
2,049 |
-547 |
-334 |
549 |
332 |
38 |
-238 |
-202 |
531 |
Net Cash From Continuing Operating Activities |
|
-1,321 |
2,049 |
-547 |
-334 |
549 |
332 |
38 |
-238 |
-202 |
531 |
Net Income / (Loss) Continuing Operations |
|
47 |
38 |
27 |
26 |
21 |
29 |
11 |
20 |
29 |
41 |
Consolidated Net Income / (Loss) |
|
47 |
38 |
27 |
26 |
21 |
29 |
11 |
20 |
29 |
41 |
Provision For Loan Losses |
|
1.22 |
1.14 |
-11 |
-0.73 |
0.42 |
0.64 |
0.52 |
2.94 |
2.85 |
4.53 |
Depreciation Expense |
|
60 |
58 |
57 |
56 |
57 |
56 |
56 |
56 |
58 |
68 |
Non-Cash Adjustments to Reconcile Net Income |
|
-1,428 |
1,994 |
-620 |
-415 |
470 |
270 |
-29 |
-317 |
-291 |
475 |
Net Cash From Investing Activities |
|
-57 |
37 |
9.28 |
101 |
36 |
-20 |
-25 |
-4.56 |
-7.53 |
-0.99 |
Net Cash From Continuing Investing Activities |
|
-57 |
37 |
9.28 |
101 |
36 |
-20 |
-25 |
-4.56 |
-7.53 |
-0.99 |
Purchase of Investment Securities |
|
-63 |
110 |
-14 |
-9.74 |
-0.42 |
-21 |
-15 |
-21 |
-26 |
-41 |
Sale and/or Maturity of Investments |
|
5.73 |
41 |
23 |
111 |
36 |
0.90 |
3.69 |
16 |
4.66 |
40 |
Net Cash From Financing Activities |
|
1,387 |
-2,033 |
514 |
282 |
-568 |
-221 |
-124 |
243 |
195 |
-469 |
Net Cash From Continuing Financing Activities |
|
1,387 |
-2,033 |
514 |
282 |
-568 |
-221 |
-124 |
243 |
195 |
-469 |
Repayment of Debt |
|
1,411 |
-2,007 |
382 |
310 |
-545 |
-199 |
-79 |
284 |
228 |
-432 |
Repurchase of Common Equity |
|
-1.30 |
-1.69 |
-17 |
-0.66 |
-0.87 |
-1.58 |
-9.79 |
-0.81 |
-1.41 |
-0.37 |
Payment of Dividends |
|
-20 |
-20 |
-21 |
-21 |
-21 |
-21 |
-22 |
-22 |
-22 |
-22 |
Other Financing Activities, Net |
|
-2.47 |
-4.82 |
-26 |
-5.74 |
-0.52 |
0.81 |
-14 |
-16 |
-10 |
-13 |
Cash Interest Paid |
|
21 |
28 |
26 |
26 |
35 |
27 |
18 |
26 |
29 |
32 |
Cash Income Taxes Paid |
|
11 |
2.43 |
1.24 |
20 |
5.85 |
4.25 |
-0.60 |
18 |
12 |
3.26 |
Annual Balance Sheets for Walker & Dunlop
This table presents Walker & Dunlop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
3,515 |
3,052 |
2,208 |
2,782 |
2,675 |
4,651 |
5,206 |
4,045 |
4,052 |
4,382 |
Cash and Due from Banks |
|
137 |
119 |
191 |
90 |
121 |
321 |
306 |
226 |
329 |
279 |
Restricted Cash |
|
5.31 |
9.86 |
6.68 |
21 |
8.68 |
19 |
43 |
18 |
21 |
25 |
Trading Account Securities |
|
2,583 |
2,005 |
1,060 |
1,226 |
924 |
2,636 |
1,961 |
554 |
779 |
988 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Goodwill |
|
- |
- |
- |
- |
- |
249 |
699 |
960 |
902 |
869 |
Intangible Assets |
|
91 |
97 |
125 |
177 |
183 |
1.88 |
184 |
199 |
182 |
157 |
Other Assets |
|
467 |
601 |
759 |
771 |
895 |
1,063 |
2,014 |
2,090 |
1,839 |
2,064 |
Total Liabilities & Shareholders' Equity |
|
3,515 |
3,052 |
2,208 |
2,782 |
2,675 |
4,651 |
5,206 |
4,045 |
4,052 |
4,382 |
Total Liabilities |
|
3,023 |
2,437 |
1,393 |
1,875 |
1,633 |
3,455 |
3,628 |
2,329 |
2,306 |
2,622 |
Short-Term Debt |
|
2,649 |
1,990 |
938 |
1,161 |
906 |
2,517 |
1,942 |
538 |
596 |
782 |
Long-Term Debt |
|
164 |
164 |
164 |
296 |
294 |
292 |
740 |
704 |
773 |
768 |
Other Long-Term Liabilities |
|
204 |
273 |
285 |
397 |
425 |
632 |
946 |
1,087 |
937 |
1,072 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
492 |
615 |
815 |
907 |
1,042 |
1,196 |
1,578 |
1,717 |
1,746 |
1,760 |
Total Preferred & Common Equity |
|
488 |
610 |
809 |
902 |
1,036 |
1,196 |
1,550 |
1,689 |
1,724 |
1,748 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
488 |
610 |
809 |
902 |
1,036 |
1,196 |
1,550 |
1,689 |
1,724 |
1,748 |
Common Stock |
|
216 |
229 |
229 |
235 |
238 |
241 |
393 |
413 |
426 |
429 |
Retained Earnings |
|
272 |
381 |
580 |
667 |
797 |
953 |
1,154 |
1,278 |
1,298 |
1,318 |
Accumulated Other Comprehensive Income / (Loss) |
|
- |
- |
0.09 |
-0.08 |
0.74 |
1.97 |
2.56 |
-1.57 |
-0.48 |
0.59 |
Noncontrolling Interest |
|
4.45 |
4.86 |
5.57 |
5.07 |
6.60 |
0.00 |
28 |
27 |
22 |
12 |
Quarterly Balance Sheets for Walker & Dunlop
This table presents Walker & Dunlop's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
6,003 |
4,493 |
4,807 |
4,278 |
3,826 |
4,175 |
4,579 |
Cash and Due from Banks |
|
152 |
188 |
228 |
236 |
217 |
208 |
180 |
Restricted Cash |
|
40 |
21 |
22 |
18 |
21 |
35 |
40 |
Trading Account Securities |
|
2,587 |
1,100 |
1,474 |
936 |
689 |
1,013 |
1,229 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Goodwill |
|
948 |
960 |
964 |
950 |
902 |
902 |
902 |
Intangible Assets |
|
203 |
194 |
190 |
186 |
178 |
174 |
171 |
Other Assets |
|
2,073 |
2,030 |
1,930 |
1,952 |
1,820 |
1,843 |
2,058 |
Total Liabilities & Shareholders' Equity |
|
6,003 |
4,493 |
4,807 |
4,278 |
3,826 |
4,175 |
4,579 |
Total Liabilities |
|
4,308 |
2,778 |
3,083 |
2,547 |
2,090 |
2,442 |
2,833 |
Short-Term Debt |
|
2,545 |
1,031 |
1,342 |
791 |
522 |
810 |
1,020 |
Long-Term Debt |
|
711 |
777 |
776 |
775 |
772 |
771 |
769 |
Other Long-Term Liabilities |
|
1,052 |
969 |
965 |
981 |
796 |
861 |
1,044 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
1,695 |
1,715 |
1,724 |
1,731 |
1,736 |
1,734 |
1,746 |
Total Preferred & Common Equity |
|
1,663 |
1,685 |
1,698 |
1,706 |
1,715 |
1,697 |
1,710 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,663 |
1,685 |
1,698 |
1,706 |
1,715 |
1,697 |
1,710 |
Common Stock |
|
408 |
406 |
413 |
420 |
428 |
408 |
413 |
Retained Earnings |
|
1,257 |
1,281 |
1,287 |
1,288 |
1,288 |
1,289 |
1,295 |
Accumulated Other Comprehensive Income / (Loss) |
|
-1.46 |
-1.62 |
-1.47 |
-1.86 |
-0.49 |
0.42 |
1.47 |
Noncontrolling Interest |
|
32 |
30 |
26 |
25 |
21 |
37 |
37 |
Annual Metrics and Ratios for Walker & Dunlop
This table displays calculated financial ratios and metrics derived from Walker & Dunlop's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
33.59% |
22.87% |
23.74% |
1.88% |
12.68% |
-100.00% |
0.00% |
0.00% |
0.00% |
0.00% |
EBITDA Growth |
|
41.07% |
27.89% |
22.01% |
-1.84% |
5.80% |
30.81% |
12.63% |
-11.09% |
-27.01% |
1.12% |
EBIT Growth |
|
61.32% |
37.24% |
25.77% |
-8.91% |
8.22% |
43.38% |
6.60% |
-24.74% |
-47.84% |
-4.85% |
NOPAT Growth |
|
60.62% |
38.40% |
85.31% |
-24.02% |
7.64% |
41.98% |
8.00% |
-21.35% |
-50.62% |
-2.15% |
Net Income Growth |
|
60.62% |
38.40% |
85.31% |
-24.02% |
7.64% |
41.98% |
8.00% |
-21.35% |
-50.62% |
-2.15% |
EPS Growth |
|
67.72% |
34.72% |
81.23% |
-23.34% |
9.88% |
41.10% |
5.98% |
-21.96% |
-50.00% |
0.31% |
Operating Cash Flow Growth |
|
-90.43% |
156.73% |
40.58% |
-94.00% |
567.27% |
-430.10% |
161.67% |
81.82% |
-100.03% |
25,072.78% |
Free Cash Flow Firm Growth |
|
-72.37% |
146.29% |
63.50% |
-126.96% |
202.93% |
-613.36% |
100.70% |
14,085.02% |
-103.58% |
-72.10% |
Invested Capital Growth |
|
81.98% |
-16.24% |
-30.79% |
23.37% |
-5.17% |
78.60% |
6.37% |
-30.55% |
5.31% |
6.22% |
Revenue Q/Q Growth |
|
6.00% |
10.47% |
3.47% |
1.08% |
0.28% |
-100.00% |
100.00% |
100.00% |
0.00% |
0.00% |
EBITDA Q/Q Growth |
|
3.57% |
14.53% |
3.13% |
1.95% |
-1.35% |
7.03% |
7.85% |
-11.68% |
-2.59% |
7.20% |
EBIT Q/Q Growth |
|
3.45% |
17.75% |
2.39% |
-0.67% |
-3.09% |
9.02% |
7.49% |
-19.13% |
-5.35% |
10.74% |
NOPAT Q/Q Growth |
|
5.13% |
17.14% |
41.90% |
-25.16% |
-1.42% |
19.51% |
-1.25% |
-16.77% |
-7.69% |
13.65% |
Net Income Q/Q Growth |
|
5.13% |
17.14% |
41.90% |
-25.16% |
-1.51% |
19.60% |
-1.25% |
-16.77% |
-7.69% |
13.65% |
EPS Q/Q Growth |
|
6.43% |
12.62% |
42.20% |
-24.04% |
-1.27% |
19.41% |
-2.04% |
-15.76% |
-8.62% |
13.93% |
Operating Cash Flow Q/Q Growth |
|
-503.36% |
1,692.94% |
157.12% |
-95.07% |
-59.99% |
20.54% |
26.42% |
163.49% |
-100.03% |
285.96% |
Free Cash Flow Firm Q/Q Growth |
|
-235.03% |
691.06% |
157.27% |
-124.45% |
-64.96% |
23.03% |
-97.79% |
948.97% |
-103.06% |
38.15% |
Invested Capital Q/Q Growth |
|
67.86% |
27.19% |
-54.21% |
-26.73% |
-12.39% |
-15.43% |
-5.80% |
-40.25% |
-5.48% |
-6.39% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
50.30% |
52.36% |
51.62% |
49.74% |
46.71% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
EBIT Margin |
|
28.91% |
32.29% |
32.82% |
29.35% |
28.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Profit (Net Income) Margin |
|
17.64% |
19.87% |
29.76% |
22.19% |
21.20% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Tax Burden Percent |
|
61.02% |
61.53% |
90.66% |
75.61% |
75.20% |
74.47% |
75.45% |
78.85% |
74.66% |
76.77% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
38.98% |
38.47% |
9.34% |
24.39% |
24.80% |
25.53% |
24.55% |
21.15% |
25.35% |
23.23% |
Return on Invested Capital (ROIC) |
|
3.22% |
3.76% |
9.04% |
7.52% |
7.52% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.22% |
3.76% |
9.04% |
7.52% |
7.52% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
|
14.62% |
16.88% |
20.58% |
11.17% |
10.25% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Equity (ROE) |
|
17.84% |
20.64% |
29.63% |
18.69% |
17.77% |
21.97% |
19.15% |
12.68% |
5.96% |
5.76% |
Cash Return on Invested Capital (CROIC) |
|
-54.92% |
21.44% |
45.44% |
-13.41% |
12.83% |
-48.55% |
0.26% |
41.85% |
-1.78% |
-2.89% |
Operating Return on Assets (OROA) |
|
4.90% |
5.66% |
8.88% |
8.53% |
8.44% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Assets (ROA) |
|
2.99% |
3.48% |
8.05% |
6.45% |
6.35% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Common Equity (ROCE) |
|
17.76% |
20.47% |
29.41% |
18.58% |
17.67% |
21.91% |
18.95% |
12.47% |
5.87% |
5.70% |
Return on Equity Simple (ROE_SIMPLE) |
|
16.93% |
18.73% |
26.17% |
17.84% |
16.73% |
20.56% |
17.14% |
12.37% |
5.99% |
5.78% |
Net Operating Profit after Tax (NOPAT) |
|
83 |
114 |
212 |
161 |
173 |
246 |
266 |
209 |
103 |
101 |
NOPAT Margin |
|
17.64% |
19.87% |
29.76% |
22.19% |
21.20% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
39.43% |
39.54% |
40.64% |
40.99% |
42.36% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
71.09% |
67.71% |
67.18% |
70.65% |
71.81% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings before Interest and Taxes (EBIT) |
|
135 |
186 |
234 |
213 |
230 |
330 |
352 |
265 |
138 |
132 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
236 |
301 |
367 |
361 |
382 |
499 |
562 |
500 |
365 |
369 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.52 |
1.33 |
1.53 |
1.29 |
1.69 |
2.16 |
2.85 |
1.43 |
2.09 |
1.88 |
Price to Tangible Book Value (P/TBV) |
|
1.87 |
1.58 |
1.81 |
1.60 |
2.05 |
2.73 |
6.63 |
4.54 |
5.62 |
4.54 |
Price to Revenue (P/Rev) |
|
1.58 |
1.41 |
1.74 |
1.60 |
2.14 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Earnings (P/E) |
|
9.02 |
7.11 |
5.88 |
7.19 |
10.03 |
10.49 |
16.65 |
11.28 |
33.48 |
30.35 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
2.69% |
2.12% |
2.10% |
1.45% |
3.29% |
2.93% |
3.34% |
Earnings Yield |
|
11.08% |
14.07% |
17.00% |
13.91% |
9.97% |
9.53% |
6.01% |
8.87% |
2.99% |
3.30% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.03 |
1.03 |
1.12 |
1.06 |
1.26 |
1.26 |
1.59 |
1.16 |
1.49 |
1.37 |
Enterprise Value to Revenue (EV/Rev) |
|
7.30 |
4.94 |
3.02 |
3.46 |
3.46 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
14.51 |
9.43 |
5.85 |
6.96 |
7.40 |
10.12 |
12.07 |
6.87 |
12.70 |
12.30 |
Enterprise Value to EBIT (EV/EBIT) |
|
25.24 |
15.28 |
9.21 |
11.80 |
12.26 |
15.29 |
19.28 |
12.97 |
33.55 |
34.52 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
41.37 |
24.84 |
10.16 |
15.60 |
16.30 |
20.53 |
25.55 |
16.45 |
44.93 |
44.97 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
3.74 |
2.01 |
39.19 |
6.60 |
0.00 |
7.80 |
2.17 |
0.00 |
35.09 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
4.36 |
2.02 |
0.00 |
9.56 |
0.00 |
637.34 |
2.28 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
5.72 |
3.50 |
1.35 |
1.61 |
1.15 |
2.35 |
1.70 |
0.72 |
0.78 |
0.88 |
Long-Term Debt to Equity |
|
0.33 |
0.27 |
0.20 |
0.33 |
0.28 |
0.24 |
0.47 |
0.41 |
0.44 |
0.44 |
Financial Leverage |
|
4.53 |
4.49 |
2.28 |
1.49 |
1.36 |
1.79 |
1.98 |
1.19 |
0.75 |
0.83 |
Leverage Ratio |
|
5.97 |
5.93 |
3.68 |
2.90 |
2.80 |
3.27 |
3.55 |
2.81 |
2.34 |
2.41 |
Compound Leverage Factor |
|
5.97 |
5.93 |
3.68 |
2.90 |
2.80 |
3.27 |
3.55 |
2.81 |
2.34 |
2.41 |
Debt to Total Capital |
|
85.11% |
77.79% |
57.48% |
61.63% |
53.52% |
70.13% |
62.95% |
41.97% |
43.96% |
46.83% |
Short-Term Debt to Total Capital |
|
80.13% |
71.86% |
48.93% |
49.12% |
40.41% |
62.85% |
45.58% |
18.17% |
19.13% |
23.62% |
Long-Term Debt to Total Capital |
|
4.97% |
5.93% |
8.55% |
12.52% |
13.11% |
7.28% |
17.38% |
23.80% |
24.82% |
23.21% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.13% |
0.18% |
0.29% |
0.21% |
0.29% |
0.00% |
0.66% |
0.93% |
0.72% |
0.36% |
Common Equity to Total Capital |
|
14.76% |
22.03% |
42.23% |
38.15% |
46.19% |
29.87% |
36.39% |
57.10% |
55.33% |
52.81% |
Debt to EBITDA |
|
11.95 |
7.15 |
3.00 |
4.04 |
3.14 |
5.63 |
4.77 |
2.48 |
3.75 |
4.20 |
Net Debt to EBITDA |
|
11.34 |
6.73 |
2.46 |
3.73 |
2.81 |
4.94 |
4.15 |
2.00 |
2.79 |
3.37 |
Long-Term Debt to EBITDA |
|
0.70 |
0.55 |
0.45 |
0.82 |
0.77 |
0.58 |
1.32 |
1.41 |
2.12 |
2.08 |
Debt to NOPAT |
|
34.07 |
18.85 |
5.20 |
9.06 |
6.93 |
11.42 |
10.10 |
5.94 |
13.27 |
15.35 |
Net Debt to NOPAT |
|
32.35 |
17.72 |
4.27 |
8.37 |
6.18 |
10.04 |
8.78 |
4.78 |
9.88 |
12.34 |
Long-Term Debt to NOPAT |
|
1.99 |
1.44 |
0.77 |
1.84 |
1.70 |
1.19 |
2.79 |
3.37 |
7.50 |
7.61 |
Noncontrolling Interest Sharing Ratio |
|
0.48% |
0.84% |
0.73% |
0.62% |
0.60% |
0.29% |
1.01% |
1.68% |
1.44% |
0.98% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-1,407 |
651 |
1,065 |
-287 |
295 |
-1,517 |
11 |
1,510 |
-54 |
-93 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.17 |
0.18 |
0.27 |
0.29 |
0.30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,306 |
2,769 |
1,917 |
2,365 |
2,242 |
4,005 |
4,260 |
2,958 |
3,116 |
3,310 |
Invested Capital Turnover |
|
0.18 |
0.19 |
0.30 |
0.34 |
0.35 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Increase / (Decrease) in Invested Capital |
|
1,489 |
-537 |
-853 |
448 |
-122 |
1,763 |
255 |
-1,301 |
157 |
194 |
Enterprise Value (EV) |
|
3,417 |
2,839 |
2,151 |
2,511 |
2,824 |
5,050 |
6,786 |
3,436 |
4,636 |
4,540 |
Market Capitalization |
|
741 |
809 |
1,242 |
1,160 |
1,747 |
2,582 |
4,425 |
2,411 |
3,594 |
3,282 |
Book Value per Share |
|
$15.96 |
$19.81 |
$26.06 |
$28.88 |
$33.61 |
$38.31 |
$48.38 |
$51.18 |
$51.53 |
$51.76 |
Tangible Book Value per Share |
|
$12.97 |
$16.65 |
$22.05 |
$23.21 |
$27.67 |
$30.27 |
$20.84 |
$16.09 |
$19.13 |
$21.39 |
Total Capital |
|
3,306 |
2,769 |
1,917 |
2,365 |
2,242 |
4,005 |
4,260 |
2,958 |
3,116 |
3,310 |
Total Debt |
|
2,814 |
2,154 |
1,102 |
1,457 |
1,200 |
2,809 |
2,682 |
1,242 |
1,370 |
1,550 |
Total Long-Term Debt |
|
164 |
164 |
164 |
296 |
294 |
292 |
740 |
704 |
773 |
768 |
Net Debt |
|
2,672 |
2,026 |
904 |
1,347 |
1,071 |
2,468 |
2,333 |
998 |
1,019 |
1,245 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
2,814 |
2,154 |
1,102 |
1,457 |
1,200 |
2,809 |
2,682 |
1,242 |
1,370 |
1,550 |
Total Depreciation and Amortization (D&A) |
|
100 |
115 |
134 |
148 |
151 |
169 |
210 |
235 |
227 |
238 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.85 |
$8.27 |
$6.43 |
$3.20 |
$3.19 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
30.44M |
31.08M |
32.33M |
32.70M |
33.12M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.69 |
$8.15 |
$6.36 |
$3.18 |
$3.19 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
31.08M |
31.53M |
32.69M |
32.88M |
33.16M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
31.54M |
32.89M |
33.05M |
33.52M |
33.80M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
89 |
120 |
220 |
169 |
189 |
280 |
267 |
216 |
146 |
149 |
Normalized NOPAT Margin |
|
18.93% |
20.92% |
30.97% |
23.33% |
23.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Pre Tax Income Margin |
|
28.91% |
32.29% |
32.82% |
29.35% |
28.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
19.54% |
21.52% |
18.44% |
24.26% |
38.36% |
82.23% |
87.79% |
Augmented Payout Ratio |
|
60.85% |
11.28% |
16.47% |
62.31% |
39.22% |
37.05% |
31.37% |
58.64% |
102.11% |
100.06% |
Quarterly Metrics and Ratios for Walker & Dunlop
This table displays calculated financial ratios and metrics derived from Walker & Dunlop's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
EBITDA Growth |
|
-23.07% |
-38.63% |
-37.34% |
-31.48% |
-24.86% |
-9.25% |
-24.03% |
-8.74% |
10.94% |
25.99% |
EBIT Growth |
|
-42.80% |
-57.05% |
-61.55% |
-51.08% |
-47.94% |
-16.55% |
-60.47% |
-21.70% |
32.94% |
32.40% |
NOPAT Growth |
|
-35.01% |
-52.80% |
-61.05% |
-52.83% |
-54.68% |
-22.85% |
-60.63% |
-20.48% |
35.66% |
41.77% |
Net Income Growth |
|
-35.01% |
-52.80% |
-61.05% |
-52.83% |
-54.68% |
-22.85% |
-60.63% |
-20.48% |
35.66% |
41.77% |
EPS Growth |
|
-36.65% |
-49.17% |
-62.74% |
-49.07% |
-54.29% |
-24.39% |
-55.70% |
-18.29% |
32.81% |
41.94% |
Operating Cash Flow Growth |
|
-38.10% |
92.00% |
-156.25% |
-183.21% |
141.54% |
-83.81% |
107.02% |
28.87% |
-136.82% |
59.94% |
Free Cash Flow Firm Growth |
|
-234.02% |
864.11% |
63.41% |
-530.91% |
538.41% |
-109.57% |
342.34% |
278.91% |
-112.56% |
-19.21% |
Invested Capital Growth |
|
9.49% |
-30.55% |
7.17% |
9.46% |
-33.42% |
5.31% |
-14.01% |
-13.74% |
7.26% |
6.22% |
Revenue Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
EBITDA Q/Q Growth |
|
-15.35% |
-7.83% |
-12.88% |
0.80% |
-7.16% |
11.31% |
-27.06% |
21.09% |
12.85% |
26.41% |
EBIT Q/Q Growth |
|
-26.38% |
-12.95% |
-26.64% |
4.07% |
-21.66% |
39.54% |
-65.25% |
106.13% |
33.01% |
38.97% |
NOPAT Q/Q Growth |
|
-13.77% |
-19.34% |
-27.01% |
-7.10% |
-17.15% |
37.33% |
-62.75% |
87.66% |
41.33% |
43.52% |
Net Income Q/Q Growth |
|
-13.77% |
-19.34% |
-27.01% |
-7.10% |
-17.15% |
37.33% |
-62.75% |
87.66% |
41.33% |
43.52% |
EPS Q/Q Growth |
|
-13.04% |
-12.14% |
-35.77% |
3.80% |
-21.95% |
45.31% |
-62.37% |
91.43% |
26.87% |
55.29% |
Operating Cash Flow Q/Q Growth |
|
-1,018.62% |
255.19% |
-126.67% |
38.84% |
264.08% |
-39.50% |
-88.43% |
-719.44% |
15.07% |
362.77% |
Free Cash Flow Firm Q/Q Growth |
|
-686.91% |
450.30% |
-115.55% |
-47.21% |
646.81% |
-107.65% |
493.69% |
8.68% |
-138.38% |
27.41% |
Invested Capital Q/Q Growth |
|
41.03% |
-40.25% |
19.11% |
9.05% |
-14.22% |
-5.48% |
-2.75% |
9.40% |
6.67% |
-6.39% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
EBIT Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Profit (Net Income) Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Tax Burden Percent |
|
86.10% |
79.78% |
79.38% |
70.87% |
74.94% |
73.76% |
79.06% |
71.98% |
76.48% |
78.98% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
13.90% |
20.22% |
20.62% |
29.13% |
25.06% |
26.24% |
20.94% |
28.02% |
23.52% |
21.02% |
Return on Invested Capital (ROIC) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Equity (ROE) |
|
16.31% |
12.68% |
9.90% |
8.10% |
6.53% |
5.96% |
5.01% |
4.70% |
5.11% |
5.76% |
Cash Return on Invested Capital (CROIC) |
|
-3.76% |
41.85% |
-2.05% |
-5.30% |
42.84% |
-1.78% |
17.71% |
17.03% |
-4.40% |
-2.89% |
Operating Return on Assets (OROA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Assets (ROA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Common Equity (ROCE) |
|
16.04% |
12.47% |
9.68% |
7.96% |
6.42% |
5.87% |
4.94% |
4.62% |
5.02% |
5.70% |
Return on Equity Simple (ROE_SIMPLE) |
|
15.10% |
0.00% |
9.84% |
8.08% |
6.55% |
0.00% |
5.04% |
4.79% |
5.20% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
47 |
38 |
27 |
26 |
21 |
29 |
11 |
20 |
29 |
41 |
NOPAT Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings before Interest and Taxes (EBIT) |
|
54 |
47 |
35 |
36 |
28 |
39 |
14 |
28 |
38 |
52 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
114 |
105 |
92 |
92 |
86 |
95 |
70 |
84 |
95 |
120 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.55 |
1.43 |
1.41 |
1.48 |
1.39 |
2.09 |
1.95 |
1.94 |
2.24 |
1.88 |
Price to Tangible Book Value (P/TBV) |
|
5.02 |
4.54 |
4.47 |
4.61 |
4.16 |
5.62 |
5.25 |
5.30 |
6.01 |
4.54 |
Price to Revenue (P/Rev) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Earnings (P/E) |
|
10.18 |
11.28 |
14.03 |
17.60 |
20.24 |
33.48 |
36.06 |
37.57 |
40.38 |
30.35 |
Dividend Yield |
|
2.96% |
3.29% |
3.38% |
3.27% |
3.50% |
2.93% |
3.83% |
3.94% |
3.40% |
3.34% |
Earnings Yield |
|
9.82% |
8.87% |
7.13% |
5.68% |
4.94% |
2.99% |
2.77% |
2.66% |
2.48% |
3.30% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.14 |
1.16 |
1.14 |
1.15 |
1.13 |
1.49 |
1.46 |
1.41 |
1.54 |
1.37 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
10.01 |
6.87 |
8.99 |
10.93 |
9.90 |
12.70 |
12.87 |
13.93 |
15.80 |
12.30 |
Enterprise Value to EBIT (EV/EBIT) |
|
17.30 |
12.97 |
19.11 |
25.61 |
25.41 |
33.55 |
37.64 |
42.62 |
45.81 |
34.52 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
22.57 |
16.45 |
24.14 |
32.08 |
33.19 |
44.93 |
51.03 |
57.38 |
61.24 |
44.97 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.43 |
2.17 |
62.46 |
0.00 |
2.16 |
0.00 |
7.55 |
6.85 |
0.00 |
35.09 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
2.28 |
0.00 |
0.00 |
2.10 |
0.00 |
7.61 |
7.65 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.92 |
0.72 |
1.05 |
1.23 |
0.90 |
0.78 |
0.75 |
0.91 |
1.02 |
0.88 |
Long-Term Debt to Equity |
|
0.42 |
0.41 |
0.45 |
0.45 |
0.45 |
0.44 |
0.44 |
0.44 |
0.44 |
0.44 |
Financial Leverage |
|
2.08 |
1.19 |
1.03 |
1.17 |
1.41 |
0.75 |
0.90 |
1.07 |
0.96 |
0.83 |
Leverage Ratio |
|
3.61 |
2.81 |
2.63 |
2.76 |
3.00 |
2.34 |
2.41 |
2.60 |
2.55 |
2.41 |
Compound Leverage Factor |
|
3.61 |
2.81 |
2.63 |
2.76 |
3.00 |
2.34 |
2.41 |
2.60 |
2.55 |
2.41 |
Debt to Total Capital |
|
65.77% |
41.97% |
51.33% |
55.12% |
47.49% |
43.96% |
42.71% |
47.69% |
50.61% |
46.83% |
Short-Term Debt to Total Capital |
|
51.41% |
18.17% |
29.27% |
34.93% |
23.99% |
19.13% |
17.23% |
24.44% |
28.85% |
23.62% |
Long-Term Debt to Total Capital |
|
14.36% |
23.80% |
22.06% |
20.19% |
23.50% |
24.82% |
25.48% |
23.25% |
21.76% |
23.21% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.64% |
0.93% |
0.85% |
0.68% |
0.75% |
0.72% |
0.68% |
1.11% |
1.03% |
0.36% |
Common Equity to Total Capital |
|
33.59% |
57.10% |
47.82% |
44.20% |
51.76% |
55.33% |
56.61% |
51.19% |
48.36% |
52.81% |
Debt to EBITDA |
|
5.75 |
2.48 |
4.06 |
5.26 |
4.18 |
3.75 |
3.77 |
4.72 |
5.20 |
4.20 |
Net Debt to EBITDA |
|
5.41 |
2.00 |
3.59 |
4.64 |
3.50 |
2.79 |
3.08 |
3.99 |
4.56 |
3.37 |
Long-Term Debt to EBITDA |
|
1.26 |
1.41 |
1.75 |
1.93 |
2.07 |
2.12 |
2.25 |
2.30 |
2.23 |
2.08 |
Debt to NOPAT |
|
12.97 |
5.94 |
10.90 |
15.43 |
14.01 |
13.27 |
14.96 |
19.45 |
20.14 |
15.35 |
Net Debt to NOPAT |
|
12.21 |
4.78 |
9.64 |
13.61 |
11.73 |
9.88 |
12.21 |
16.45 |
17.67 |
12.34 |
Long-Term Debt to NOPAT |
|
2.83 |
3.37 |
4.69 |
5.65 |
6.93 |
7.50 |
8.92 |
9.48 |
8.66 |
7.61 |
Noncontrolling Interest Sharing Ratio |
|
1.64% |
1.68% |
2.17% |
1.72% |
1.65% |
1.44% |
1.46% |
1.82% |
1.76% |
0.98% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-382 |
1,339 |
-208 |
-306 |
1,676 |
-128 |
505 |
548 |
-210 |
-153 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
4,951 |
2,958 |
3,524 |
3,843 |
3,296 |
3,116 |
3,030 |
3,315 |
3,536 |
3,310 |
Invested Capital Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Increase / (Decrease) in Invested Capital |
|
429 |
-1,301 |
236 |
332 |
-1,655 |
157 |
-494 |
-528 |
239 |
194 |
Enterprise Value (EV) |
|
5,667 |
3,436 |
4,004 |
4,405 |
3,710 |
4,636 |
4,414 |
4,665 |
5,440 |
4,540 |
Market Capitalization |
|
2,571 |
2,411 |
2,374 |
2,510 |
2,374 |
3,594 |
3,338 |
3,290 |
3,834 |
3,282 |
Book Value per Share |
|
$50.35 |
$51.18 |
$50.99 |
$50.94 |
$51.17 |
$51.53 |
$52.01 |
$50.33 |
$50.66 |
$51.76 |
Tangible Book Value per Share |
|
$15.50 |
$16.09 |
$16.07 |
$16.34 |
$17.11 |
$19.13 |
$19.27 |
$18.41 |
$18.89 |
$21.39 |
Total Capital |
|
4,951 |
2,958 |
3,524 |
3,843 |
3,296 |
3,116 |
3,030 |
3,315 |
3,536 |
3,310 |
Total Debt |
|
3,257 |
1,242 |
1,809 |
2,118 |
1,565 |
1,370 |
1,294 |
1,581 |
1,789 |
1,550 |
Total Long-Term Debt |
|
711 |
704 |
777 |
776 |
775 |
773 |
772 |
771 |
769 |
768 |
Net Debt |
|
3,064 |
998 |
1,600 |
1,868 |
1,311 |
1,019 |
1,056 |
1,337 |
1,570 |
1,245 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
3,257 |
1,242 |
1,809 |
2,118 |
1,565 |
1,370 |
1,294 |
1,581 |
1,789 |
1,550 |
Total Depreciation and Amortization (D&A) |
|
60 |
58 |
57 |
56 |
57 |
56 |
56 |
56 |
58 |
68 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.41 |
$1.25 |
$0.80 |
$0.82 |
$0.64 |
$0.94 |
$0.35 |
$0.67 |
$0.85 |
$1.32 |
Adjusted Weighted Average Basic Shares Outstanding |
|
32.29M |
32.33M |
32.53M |
32.70M |
32.74M |
32.70M |
32.98M |
33.12M |
33.17M |
33.12M |
Adjusted Diluted Earnings per Share |
|
$1.40 |
$1.23 |
$0.79 |
$0.82 |
$0.64 |
$0.93 |
$0.35 |
$0.67 |
$0.85 |
$1.32 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
32.62M |
32.69M |
32.82M |
32.85M |
32.90M |
32.88M |
33.05M |
33.15M |
33.20M |
33.16M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
33.01M |
33.05M |
33.34M |
33.34M |
33.45M |
33.52M |
33.72M |
33.75M |
33.77M |
33.80M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
56 |
48 |
31 |
37 |
35 |
43 |
25 |
35 |
44 |
57 |
Normalized NOPAT Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Pre Tax Income Margin |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
30.36% |
38.36% |
49.01% |
60.02% |
74.85% |
82.23% |
98.92% |
106.59% |
98.59% |
87.79% |
Augmented Payout Ratio |
|
47.83% |
58.64% |
68.73% |
75.35% |
93.30% |
102.11% |
113.83% |
122.65% |
113.90% |
100.06% |