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Side-by-side financial comparison of AVANOS MEDICAL, INC. (AVNS) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.

Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $180.9M, roughly 1.9× AVANOS MEDICAL, INC.). AVANOS MEDICAL, INC. runs the higher net margin — -0.7% vs -12.9%, a 12.2% gap on every dollar of revenue. On growth, AVANOS MEDICAL, INC. posted the faster year-over-year revenue change (0.7% vs -0.4%). AVANOS MEDICAL, INC. produced more free cash flow last quarter ($21.3M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 4.4%).

Avanos Medical, Inc. is a medical technology company making clinical medical devices. The company consists of two franchises – Pain Management and Chronic Care – that address reducing the use of opioids while helping patients recover faster and preventing infection.

Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.

AVNS vs WD — Head-to-Head

Bigger by revenue
WD
WD
1.9× larger
WD
$340.0M
$180.9M
AVNS
Growing faster (revenue YoY)
AVNS
AVNS
+1.1% gap
AVNS
0.7%
-0.4%
WD
Higher net margin
AVNS
AVNS
12.2% more per $
AVNS
-0.7%
-12.9%
WD
More free cash flow
AVNS
AVNS
$701.4M more FCF
AVNS
$21.3M
$-680.1M
WD
Faster 2-yr revenue CAGR
WD
WD
Annualised
WD
22.1%
4.4%
AVNS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNS
AVNS
WD
WD
Revenue
$180.9M
$340.0M
Net Profit
$-1.3M
$-13.9M
Gross Margin
47.5%
Operating Margin
1.4%
-17.2%
Net Margin
-0.7%
-12.9%
Revenue YoY
0.7%
-0.4%
Net Profit YoY
99.7%
-131.0%
EPS (diluted)
$-0.02
$-0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVNS
AVNS
WD
WD
Q4 25
$180.9M
$340.0M
Q3 25
$177.8M
$337.7M
Q2 25
$175.0M
$319.2M
Q1 25
$167.5M
$237.4M
Q4 24
$179.6M
$341.5M
Q3 24
$170.4M
$292.3M
Q2 24
$171.7M
$270.7M
Q1 24
$166.1M
$228.1M
Net Profit
AVNS
AVNS
WD
WD
Q4 25
$-1.3M
$-13.9M
Q3 25
$-1.4M
$33.5M
Q2 25
$-76.8M
$34.0M
Q1 25
$6.6M
$2.8M
Q4 24
$-397.3M
$44.8M
Q3 24
$4.3M
$28.8M
Q2 24
$1.8M
$22.7M
Q1 24
$-900.0K
$11.9M
Gross Margin
AVNS
AVNS
WD
WD
Q4 25
47.5%
Q3 25
48.4%
Q2 25
52.6%
Q1 25
53.6%
Q4 24
54.6%
Q3 24
54.5%
Q2 24
55.7%
Q1 24
57.1%
Operating Margin
AVNS
AVNS
WD
WD
Q4 25
1.4%
-17.2%
Q3 25
0.1%
13.6%
Q2 25
-42.6%
14.5%
Q1 25
6.1%
2.2%
Q4 24
-233.0%
15.3%
Q3 24
7.0%
12.8%
Q2 24
3.7%
10.4%
Q1 24
2.4%
6.0%
Net Margin
AVNS
AVNS
WD
WD
Q4 25
-0.7%
-12.9%
Q3 25
-0.8%
9.9%
Q2 25
-43.9%
10.6%
Q1 25
3.9%
1.2%
Q4 24
-221.2%
13.1%
Q3 24
2.5%
9.9%
Q2 24
1.0%
8.4%
Q1 24
-0.5%
5.2%
EPS (diluted)
AVNS
AVNS
WD
WD
Q4 25
$-0.02
$-0.41
Q3 25
$-0.03
$0.98
Q2 25
$-1.66
$0.99
Q1 25
$0.14
$0.08
Q4 24
$-8.64
$1.32
Q3 24
$0.09
$0.85
Q2 24
$0.04
$0.67
Q1 24
$-0.02
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVNS
AVNS
WD
WD
Cash + ST InvestmentsLiquidity on hand
$89.8M
$299.3M
Total DebtLower is stronger
$90.3M
Stockholders' EquityBook value
$778.2M
$1.7B
Total Assets
$1.1B
$5.1B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNS
AVNS
WD
WD
Q4 25
$89.8M
$299.3M
Q3 25
$70.5M
$274.8M
Q2 25
$90.3M
$233.7M
Q1 25
$97.0M
$181.0M
Q4 24
$107.7M
$279.3M
Q3 24
$89.0M
$179.8M
Q2 24
$92.2M
$208.1M
Q1 24
$75.8M
$216.5M
Total Debt
AVNS
AVNS
WD
WD
Q4 25
$90.3M
Q3 25
$93.4M
Q2 25
$95.7M
Q1 25
$98.0M
Q4 24
$125.3M
Q3 24
$152.6M
Q2 24
$164.9M
Q1 24
$167.2M
Stockholders' Equity
AVNS
AVNS
WD
WD
Q4 25
$778.2M
$1.7B
Q3 25
$778.0M
$1.8B
Q2 25
$776.3M
$1.8B
Q1 25
$839.4M
$1.7B
Q4 24
$828.5M
$1.7B
Q3 24
$1.2B
$1.7B
Q2 24
$1.2B
$1.7B
Q1 24
$1.2B
$1.7B
Total Assets
AVNS
AVNS
WD
WD
Q4 25
$1.1B
$5.1B
Q3 25
$1.1B
$5.8B
Q2 25
$1.0B
$4.7B
Q1 25
$1.1B
$4.5B
Q4 24
$1.2B
$4.4B
Q3 24
$1.7B
$4.6B
Q2 24
$1.7B
$4.2B
Q1 24
$1.7B
$3.8B
Debt / Equity
AVNS
AVNS
WD
WD
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.15×
Q3 24
0.12×
Q2 24
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVNS
AVNS
WD
WD
Operating Cash FlowLast quarter
$28.2M
$-664.3M
Free Cash FlowOCF − Capex
$21.3M
$-680.1M
FCF MarginFCF / Revenue
11.8%
-200.0%
Capex IntensityCapex / Revenue
3.8%
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$-2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNS
AVNS
WD
WD
Q4 25
$28.2M
$-664.3M
Q3 25
$14.0M
$-948.1M
Q2 25
$6.8M
$-238.5M
Q1 25
$25.7M
$-281.1M
Q4 24
$57.9M
$129.4M
Q3 24
$23.0M
$-202.0M
Q2 24
$27.8M
$-237.8M
Q1 24
$-8.0M
$38.4M
Free Cash Flow
AVNS
AVNS
WD
WD
Q4 25
$21.3M
$-680.1M
Q3 25
$7.0M
$-950.4M
Q2 25
$-4.2M
$-241.0M
Q1 25
$19.0M
$-284.7M
Q4 24
$53.1M
$116.4M
Q3 24
$20.0M
$-204.0M
Q2 24
$21.9M
$-241.7M
Q1 24
$-12.1M
$35.2M
FCF Margin
AVNS
AVNS
WD
WD
Q4 25
11.8%
-200.0%
Q3 25
3.9%
-281.5%
Q2 25
-2.4%
-75.5%
Q1 25
11.3%
-120.0%
Q4 24
29.6%
34.1%
Q3 24
11.7%
-69.8%
Q2 24
12.8%
-89.3%
Q1 24
-7.3%
15.4%
Capex Intensity
AVNS
AVNS
WD
WD
Q4 25
3.8%
4.6%
Q3 25
3.9%
0.7%
Q2 25
6.3%
0.8%
Q1 25
4.0%
1.5%
Q4 24
2.7%
3.8%
Q3 24
1.8%
0.7%
Q2 24
3.4%
1.4%
Q1 24
2.5%
1.4%
Cash Conversion
AVNS
AVNS
WD
WD
Q4 25
Q3 25
-28.34×
Q2 25
-7.02×
Q1 25
3.89×
-102.07×
Q4 24
2.89×
Q3 24
5.35×
-7.01×
Q2 24
15.44×
-10.49×
Q1 24
3.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVNS
AVNS

Enteral Feeding$83.0M46%
Radiofrequency Ablation$36.9M20%
Neonate Solutions$32.1M18%
Surgical Pain And Recovery$24.7M14%
Corporate Other$4.2M2%

WD
WD

Segment breakdown not available.

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