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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) 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 $256.5M, roughly 1.3× Great Lakes Dredge & Dock CORP). Great Lakes Dredge & Dock CORP runs the higher net margin — 4.9% vs -12.9%, a 17.8% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs -0.4%). Great Lakes Dredge & Dock CORP produced more free cash flow last quarter ($50.3M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 13.6%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
GLDD vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $340.0M |
| Net Profit | $12.6M | $-13.9M |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | -17.2% |
| Net Margin | 4.9% | -12.9% |
| Revenue YoY | 26.5% | -0.4% |
| Net Profit YoY | -35.9% | -131.0% |
| EPS (diluted) | $0.19 | $-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.
| Q4 25 | $256.5M | $340.0M | ||
| Q3 25 | $195.2M | $337.7M | ||
| Q2 25 | $193.8M | $319.2M | ||
| Q1 25 | $242.9M | $237.4M | ||
| Q4 24 | $202.8M | $341.5M | ||
| Q3 24 | $191.2M | $292.3M | ||
| Q2 24 | $170.1M | $270.7M | ||
| Q1 24 | $198.7M | $228.1M |
| Q4 25 | $12.6M | $-13.9M | ||
| Q3 25 | $17.7M | $33.5M | ||
| Q2 25 | $9.7M | $34.0M | ||
| Q1 25 | $33.4M | $2.8M | ||
| Q4 24 | $19.7M | $44.8M | ||
| Q3 24 | $8.9M | $28.8M | ||
| Q2 24 | $7.7M | $22.7M | ||
| Q1 24 | $21.0M | $11.9M |
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — | ||
| Q1 24 | 22.9% | — |
| Q4 25 | 12.7% | -17.2% | ||
| Q3 25 | 14.4% | 13.6% | ||
| Q2 25 | 8.8% | 14.5% | ||
| Q1 25 | 20.6% | 2.2% | ||
| Q4 24 | 14.8% | 15.3% | ||
| Q3 24 | 8.7% | 12.8% | ||
| Q2 24 | 8.6% | 10.4% | ||
| Q1 24 | 15.8% | 6.0% |
| Q4 25 | 4.9% | -12.9% | ||
| Q3 25 | 9.1% | 9.9% | ||
| Q2 25 | 5.0% | 10.6% | ||
| Q1 25 | 13.8% | 1.2% | ||
| Q4 24 | 9.7% | 13.1% | ||
| Q3 24 | 4.6% | 9.9% | ||
| Q2 24 | 4.5% | 8.4% | ||
| Q1 24 | 10.6% | 5.2% |
| Q4 25 | $0.19 | $-0.41 | ||
| Q3 25 | $0.26 | $0.98 | ||
| Q2 25 | $0.14 | $0.99 | ||
| Q1 25 | $0.49 | $0.08 | ||
| Q4 24 | $0.29 | $1.32 | ||
| Q3 24 | $0.13 | $0.85 | ||
| Q2 24 | $0.11 | $0.67 | ||
| Q1 24 | $0.31 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.4M | $299.3M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $1.7B |
| Total Assets | $1.3B | $5.1B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $299.3M | ||
| Q3 25 | $12.7M | $274.8M | ||
| Q2 25 | $2.9M | $233.7M | ||
| Q1 25 | $11.3M | $181.0M | ||
| Q4 24 | $10.2M | $279.3M | ||
| Q3 24 | $12.0M | $179.8M | ||
| Q2 24 | $23.1M | $208.1M | ||
| Q1 24 | $22.8M | $216.5M |
| Q4 25 | $378.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $448.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $517.1M | $1.7B | ||
| Q3 25 | $502.1M | $1.8B | ||
| Q2 25 | $481.9M | $1.8B | ||
| Q1 25 | $479.9M | $1.7B | ||
| Q4 24 | $448.9M | $1.7B | ||
| Q3 24 | $425.4M | $1.7B | ||
| Q2 24 | $418.0M | $1.7B | ||
| Q1 24 | $409.0M | $1.7B |
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.3B | $5.8B | ||
| Q2 25 | $1.2B | $4.7B | ||
| Q1 25 | $1.2B | $4.5B | ||
| Q4 24 | $1.3B | $4.4B | ||
| Q3 24 | $1.1B | $4.6B | ||
| Q2 24 | $1.1B | $4.2B | ||
| Q1 24 | $1.1B | $3.8B |
| Q4 25 | 0.73× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $79.7M | $-664.3M |
| Free Cash FlowOCF − Capex | $50.3M | $-680.1M |
| FCF MarginFCF / Revenue | 19.6% | -200.0% |
| Capex IntensityCapex / Revenue | 11.5% | 4.6% |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $79.7M | $-664.3M | ||
| Q3 25 | $49.2M | $-948.1M | ||
| Q2 25 | $56.9M | $-238.5M | ||
| Q1 25 | $60.9M | $-281.1M | ||
| Q4 24 | $-13.5M | $129.4M | ||
| Q3 24 | $26.8M | $-202.0M | ||
| Q2 24 | $18.4M | $-237.8M | ||
| Q1 24 | $38.4M | $38.4M |
| Q4 25 | $50.3M | $-680.1M | ||
| Q3 25 | $13.2M | $-950.4M | ||
| Q2 25 | $-3.7M | $-241.0M | ||
| Q1 25 | $39.6M | $-284.7M | ||
| Q4 24 | $-36.1M | $116.4M | ||
| Q3 24 | $-11.5M | $-204.0M | ||
| Q2 24 | $-34.0M | $-241.7M | ||
| Q1 24 | $26.5M | $35.2M |
| Q4 25 | 19.6% | -200.0% | ||
| Q3 25 | 6.8% | -281.5% | ||
| Q2 25 | -1.9% | -75.5% | ||
| Q1 25 | 16.3% | -120.0% | ||
| Q4 24 | -17.8% | 34.1% | ||
| Q3 24 | -6.0% | -69.8% | ||
| Q2 24 | -20.0% | -89.3% | ||
| Q1 24 | 13.4% | 15.4% |
| Q4 25 | 11.5% | 4.6% | ||
| Q3 25 | 18.4% | 0.7% | ||
| Q2 25 | 31.3% | 0.8% | ||
| Q1 25 | 8.7% | 1.5% | ||
| Q4 24 | 11.2% | 3.8% | ||
| Q3 24 | 20.0% | 0.7% | ||
| Q2 24 | 30.8% | 1.4% | ||
| Q1 24 | 6.0% | 1.4% |
| Q4 25 | 6.31× | — | ||
| Q3 25 | 2.77× | -28.34× | ||
| Q2 25 | 5.87× | -7.02× | ||
| Q1 25 | 1.82× | -102.07× | ||
| Q4 24 | -0.69× | 2.89× | ||
| Q3 24 | 3.02× | -7.01× | ||
| Q2 24 | 2.39× | -10.49× | ||
| Q1 24 | 1.83× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
