UWM Holdings vs Walker & Dunlop
UWM Holdings is the larger business, with $3.16bn of revenue in fiscal 2025 against $1.23bn for Walker & Dunlop (2.6 times as much). UWM Holdings grew faster (18.2% against 9.0%). Walker & Dunlop kept more of each dollar of sales as profit: a net margin of 4.6% against 0.9%.
| Latest fiscal year | UWM HoldingsUWMC, 2025 | Walker & DunlopWD, 2025 |
|---|---|---|
| Revenue | $3.16bn | $1.23bn |
| Revenue growth | 18.2% | 9.0% |
| Net income | $27.4m | $56.2m |
| Operating margin | — | — |
| Net margin | 0.9% | 4.6% |
| Return on equity | 1.5% | 3.2% |
| Free cash flow | −$2.72bn | −$680m |
| Cash | $503m | $299m |
| Total debt | $3.00bn | $2.29bn |
| Debt to equity | 188.2% | — |
| Dividend per share | — | $2.68 |
| Dividend yield | 19.6% | 7.8% |
| Share buybacks | — | $10.5m |
| Employees | 9,100 | 1,466 |
| Market value | $547m | $1.17bn |
| Price vs our value range | — | — |
| Moat score | — | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 123 sales | 4 buys, 0 sales |