vs
Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) 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 $308.1M, roughly 1.1× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs -12.9%, a 41.1% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -0.4%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 5.9%).
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
LOPE vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $340.0M |
| Net Profit | $86.7M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | 35.1% | -17.2% |
| Net Margin | 28.1% | -12.9% |
| Revenue YoY | 5.3% | -0.4% |
| Net Profit YoY | 5.9% | -131.0% |
| EPS (diluted) | $3.13 | $-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 | $308.1M | $340.0M | ||
| Q3 25 | $261.1M | $337.7M | ||
| Q2 25 | $247.5M | $319.2M | ||
| Q1 25 | $289.3M | $237.4M | ||
| Q4 24 | $292.6M | $341.5M | ||
| Q3 24 | $238.3M | $292.3M | ||
| Q2 24 | $227.5M | $270.7M | ||
| Q1 24 | $274.7M | $228.1M |
| Q4 25 | $86.7M | $-13.9M | ||
| Q3 25 | $16.3M | $33.5M | ||
| Q2 25 | $41.5M | $34.0M | ||
| Q1 25 | $71.6M | $2.8M | ||
| Q4 24 | $81.9M | $44.8M | ||
| Q3 24 | $41.5M | $28.8M | ||
| Q2 24 | $34.9M | $22.7M | ||
| Q1 24 | $68.0M | $11.9M |
| Q4 25 | 35.1% | -17.2% | ||
| Q3 25 | 6.9% | 13.6% | ||
| Q2 25 | 20.9% | 14.5% | ||
| Q1 25 | 30.4% | 2.2% | ||
| Q4 24 | 34.2% | 15.3% | ||
| Q3 24 | 20.2% | 12.8% | ||
| Q2 24 | 18.8% | 10.4% | ||
| Q1 24 | 30.8% | 6.0% |
| Q4 25 | 28.1% | -12.9% | ||
| Q3 25 | 6.2% | 9.9% | ||
| Q2 25 | 16.8% | 10.6% | ||
| Q1 25 | 24.8% | 1.2% | ||
| Q4 24 | 28.0% | 13.1% | ||
| Q3 24 | 17.4% | 9.9% | ||
| Q2 24 | 15.3% | 8.4% | ||
| Q1 24 | 24.8% | 5.2% |
| Q4 25 | $3.13 | $-0.41 | ||
| Q3 25 | $0.58 | $0.98 | ||
| Q2 25 | $1.48 | $0.99 | ||
| Q1 25 | $2.52 | $0.08 | ||
| Q4 24 | $2.83 | $1.32 | ||
| Q3 24 | $1.42 | $0.85 | ||
| Q2 24 | $1.19 | $0.67 | ||
| Q1 24 | $2.29 | $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 | $111.8M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $746.9M | $1.7B |
| Total Assets | $992.3M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | $299.3M | ||
| Q3 25 | $97.3M | $274.8M | ||
| Q2 25 | $192.3M | $233.7M | ||
| Q1 25 | $144.5M | $181.0M | ||
| Q4 24 | $324.6M | $279.3M | ||
| Q3 24 | $263.6M | $179.8M | ||
| Q2 24 | $241.3M | $208.1M | ||
| Q1 24 | $196.2M | $216.5M |
| Q4 25 | $746.9M | $1.7B | ||
| Q3 25 | $758.0M | $1.8B | ||
| Q2 25 | $778.0M | $1.8B | ||
| Q1 25 | $780.7M | $1.7B | ||
| Q4 24 | $783.9M | $1.7B | ||
| Q3 24 | $764.1M | $1.7B | ||
| Q2 24 | $759.2M | $1.7B | ||
| Q1 24 | $759.4M | $1.7B |
| Q4 25 | $992.3M | $5.1B | ||
| Q3 25 | $1.0B | $5.8B | ||
| Q2 25 | $1.0B | $4.7B | ||
| Q1 25 | $1.0B | $4.5B | ||
| Q4 24 | $1.0B | $4.4B | ||
| Q3 24 | $992.9M | $4.6B | ||
| Q2 24 | $992.7M | $4.2B | ||
| Q1 24 | $1.0B | $3.8B |
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 | $130.5M | $-664.3M |
| Free Cash FlowOCF − Capex | $122.9M | $-680.1M |
| FCF MarginFCF / Revenue | 39.9% | -200.0% |
| Capex IntensityCapex / Revenue | 2.5% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.5M | $-664.3M | ||
| Q3 25 | $-48.6M | $-948.1M | ||
| Q2 25 | $124.0M | $-238.5M | ||
| Q1 25 | $67.6M | $-281.1M | ||
| Q4 24 | $135.8M | $129.4M | ||
| Q3 24 | $-29.4M | $-202.0M | ||
| Q2 24 | $98.6M | $-237.8M | ||
| Q1 24 | $85.0M | $38.4M |
| Q4 25 | $122.9M | $-680.1M | ||
| Q3 25 | $-58.3M | $-950.4M | ||
| Q2 25 | $115.4M | $-241.0M | ||
| Q1 25 | $58.7M | $-284.7M | ||
| Q4 24 | $126.1M | $116.4M | ||
| Q3 24 | $-39.0M | $-204.0M | ||
| Q2 24 | $89.6M | $-241.7M | ||
| Q1 24 | $76.0M | $35.2M |
| Q4 25 | 39.9% | -200.0% | ||
| Q3 25 | -22.3% | -281.5% | ||
| Q2 25 | 46.6% | -75.5% | ||
| Q1 25 | 20.3% | -120.0% | ||
| Q4 24 | 43.1% | 34.1% | ||
| Q3 24 | -16.3% | -69.8% | ||
| Q2 24 | 39.4% | -89.3% | ||
| Q1 24 | 27.7% | 15.4% |
| Q4 25 | 2.5% | 4.6% | ||
| Q3 25 | 3.7% | 0.7% | ||
| Q2 25 | 3.5% | 0.8% | ||
| Q1 25 | 3.1% | 1.5% | ||
| Q4 24 | 3.3% | 3.8% | ||
| Q3 24 | 4.0% | 0.7% | ||
| Q2 24 | 3.9% | 1.4% | ||
| Q1 24 | 3.3% | 1.4% |
| Q4 25 | 1.50× | — | ||
| Q3 25 | -2.99× | -28.34× | ||
| Q2 25 | 2.98× | -7.02× | ||
| Q1 25 | 0.94× | -102.07× | ||
| Q4 24 | 1.66× | 2.89× | ||
| Q3 24 | -0.71× | -7.01× | ||
| Q2 24 | 2.83× | -10.49× | ||
| Q1 24 | 1.25× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
