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Walker & Dunlop (Walker & Dunlop) Asset Turnover : 0.07 (As of Dec. 2023)


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What is Walker & Dunlop Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Walker & Dunlop's Revenue for the three months ended in Dec. 2023 was $274 Mil. Walker & Dunlop's Total Assets for the quarter that ended in Dec. 2023 was $4,165 Mil. Therefore, Walker & Dunlop's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Walker & Dunlop's annualized ROE % for the quarter that ended in Dec. 2023 was 7.37%. It is also linked to ROA % through Du Pont Formula. Walker & Dunlop's annualized ROA % for the quarter that ended in Dec. 2023 was 3.03%.


Walker & Dunlop Asset Turnover Historical Data

The historical data trend for Walker & Dunlop's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Walker & Dunlop Asset Turnover Chart

Walker & Dunlop Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.30 0.26 0.27 0.26

Walker & Dunlop Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.07

Competitive Comparison of Walker & Dunlop's Asset Turnover

For the Mortgage Finance subindustry, Walker & Dunlop's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Walker & Dunlop's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Walker & Dunlop's Asset Turnover falls into.



Walker & Dunlop Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Walker & Dunlop's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1054.44/( (4045.359+4052.347)/ 2 )
=1054.44/4048.853
=0.26

Walker & Dunlop's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=274.336/( (4277.851+4052.347)/ 2 )
=274.336/4165.099
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Walker & Dunlop  (NYSE:WD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Walker & Dunlop's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=126.396/1714.9645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(126.396 / 1097.344)*(1097.344 / 4165.099)*(4165.099/ 1714.9645)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.52 %*0.2635*2.4287
=ROA %*Equity Multiplier
=3.03 %*2.4287
=7.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Walker & Dunlop's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=126.396/4165.099
=(Net Income / Revenue)*(Revenue / Total Assets)
=(126.396 / 1097.344)*(1097.344 / 4165.099)
=Net Margin %*Asset Turnover
=11.52 %*0.2635
=3.03 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Walker & Dunlop Asset Turnover Related Terms

Thank you for viewing the detailed overview of Walker & Dunlop's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Walker & Dunlop (Walker & Dunlop) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1300, Bethesda, MD, USA, 20814
Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company's products consist of first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans. The company generates a majority of total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
Executives
Smith Howard W Iii director, officer: President 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
William M Walker director, officer: Chairman & CEO 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Stephen P Theobald officer: EVP, CFO & Treasurer 999 WATERSIDE DRIVE, SUITE 200, NORFOLK VA 23510
Richard M Lucas officer: EVP & Gen Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Paula A. Pryor officer: EVP & Chief HR Officer C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Dana L Schmaltz director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Gregory Florkowski officer: EVP & Chief Financial Officer C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Rice E. John Jr director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Donna Wells director BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Michael J. Warren director C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Michael D Malone director 2430 LEMON TREE LANE, CHARLOTTE NC 28211
Alan J Bowers director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Richard C Warner officer: EVP & Chief Credit Officer 7501 WISCONSIN AVENUE, SUITE 1200, BETHESDA MD 20814
Ellen Levy director C/O INSTRUCTURE, INC., 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Cynthia A Hallenbeck director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814