Walker & Dunlop (FRA:5WD) Debt-to-Equity: 1.95 (As of Mar. 2026) — 23% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:5WD Walker & Dunlop Inc FRA:5WD
65 GF Score
Price €42.40
GF Value €83.06
Valuation Possible Value Trap
! 10 Warning Signs
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What is Walker & Dunlop Debt-to-Equity?

Walker & Dunlop FRA:5WD -2.75% 65 Debt-to-Equity is 1.95 as of Mar. 2026, which is 23% above its 10-year median of 1.59. GuruFocus rates FRA:5WD with a GF Score™ of 65/100 and a GF Value™ of €83.06 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,421 Banks companies, Walker & Dunlop ranks worse than 84.73% on this metric.

Walker & Dunlop's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0 Mil. Walker & Dunlop's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €2,907 Mil. Walker & Dunlop's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,489 Mil. Walker & Dunlop's debt to equity for the quarter that ended in Mar. 2026 was 1.95.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Walker & Dunlop's Debt-to-Equity or its related term are showing as below:

FRA:5WD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75   Med: 1.59   Max: 4.88
Current: 1.95

During the past 13 years, the highest Debt-to-Equity Ratio of Walker & Dunlop was 4.88. The lowest was 0.75. And the median was 1.59.

FRA:5WD's Debt-to-Equity is ranked worse than
84.73% of 1421 companies
in the Banks industry
Industry Median: 0.58 vs FRA:5WD: 1.95

Walker & Dunlop  (FRA:5WD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Walker & Dunlop Debt-to-Equity Related Terms


Walker & Dunlop Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Walker & Dunlop's Debt-to-Equity 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.

Walker & Dunlop Debt-to-Equity Chart

Walker & Dunlop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 0.78 0.85 1.00 1.43

Walker & Dunlop Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 1.01 1.14 1.70 1.43 1.95

FRA:5WD vs VEL, UWMC, LDI: Debt-to-Equity Comparison

For the Mortgage Finance subindustry, Walker & Dunlop's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Walker & Dunlop's Debt-to-Equity falls into.


FRA:5WD
65GF Score
Walker & Dunlop Inc FRA:5WD
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Walker & Dunlop Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Walker & Dunlop's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Walker & Dunlop's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.95 mean?
Walker & Dunlop (FRA:5WD) has a Debt-to-Equity of 1.95 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Walker & Dunlop and its competitors. This is 23% above median its historical median of 1.59. Over the past decade, Walker & Dunlop's Debt-to-Equity has ranged from 0.75 to 4.88. According to the industry distribution chart, Walker & Dunlop ranks #1204 out of 1421 companies in the Banks industry, placing it in the top 84.7%.
Is Walker & Dunlop's Debt-to-Equity too high?
Walker & Dunlop's current Debt-to-Equity of 1.95 is 23% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 4.88. The Banks industry median Debt-to-Equity is 0.58. Walker & Dunlop's value of 1.95 is 236.2% above this industry median. Based on the distribution chart, Walker & Dunlop ranks #1204 out of 1421 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Walker & Dunlop has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Walker & Dunlop's Debt-to-Equity compare to VEL and UWMC?
According to the Banks industry distribution chart, Walker & Dunlop ranks #1204 out of 1421 companies for Debt-to-Equity. This places Walker & Dunlop in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Walker & Dunlop's value of 1.95 is 236.2% above this benchmark. Historically, Walker & Dunlop's own Debt-to-Equity has ranged from 0.75 to 4.88 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.58, Walker & Dunlop has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Walker & Dunlop's current Debt-to-Equity of 1.95 is 236.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Walker & Dunlop and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walker & Dunlop's current Debt-to-Equity is 1.95, which is 23% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walker & Dunlop stock overvalued right now?
Based on GuruFocus' analysis, Walker & Dunlop (FRA:5WD) is currently considered Possible Value Trap. The stock's GF Value™ is €83.06, compared to a current price of €42.40 — trading 49% below its estimated fair value. The current Debt-to-Equity is 1.95, which is 23% above median its 10-year median of 1.59 and 236.2% above the Banks industry median of 0.58. Walker & Dunlop's overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Walker & Dunlop (FRA:5WD), the current Debt-to-Equity is 1.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Walker & Dunlop (FRA:5WD) Overvalued in 2026?

Based on GuruFocus' analysis, Walker & Dunlop stock appears to be undervalued. The current stock price of €42.40 is trading 49% below its estimated GF Value™ of €83.06. GuruFocus considers Walker & Dunlop to be Possible Value Trap.

Key valuation signals for FRA:5WD:

  • Debt-to-Equity: 1.95 (23% above median its 10-year median of 1.59)
  • GF Value™: €83.06 vs. price of €42.40 (49% below fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 236.2% above the Banks median (#1204 of 1421)

No single metric tells the full story. See the FRA:5WD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Walker & Dunlop Business Description

Other Exchanges WD:USA0A8P:UK
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 is managed based on three reportable segments: Capital Markets (CM), Servicing & Asset Management (SAM), and Corporate. The company generates a majority of its total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
65GF Score

Get the complete analysis for FRA:5WD

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.40
Price
€83.06
GF Value