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Side-by-side financial comparison of Mistras Group, Inc. (MG) 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 $181.5M, roughly 1.9× Mistras Group, Inc.). Mistras Group, Inc. runs the higher net margin — 2.1% vs -12.9%, a 15.0% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs -0.4%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs -0.8%).
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
MG vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $181.5M | $340.0M |
| Net Profit | $3.8M | $-13.9M |
| Gross Margin | 28.4% | — |
| Operating Margin | 7.0% | -17.2% |
| Net Margin | 2.1% | -12.9% |
| Revenue YoY | 5.1% | -0.4% |
| Net Profit YoY | -27.4% | -131.0% |
| EPS (diluted) | $0.12 | $-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 | $181.5M | $340.0M | ||
| Q3 25 | $195.5M | $337.7M | ||
| Q2 25 | $185.4M | $319.2M | ||
| Q1 25 | $161.6M | $237.4M | ||
| Q4 24 | $172.7M | $341.5M | ||
| Q3 24 | $182.7M | $292.3M | ||
| Q2 24 | $189.8M | $270.7M | ||
| Q1 24 | $184.4M | $228.1M |
| Q4 25 | $3.8M | $-13.9M | ||
| Q3 25 | $13.1M | $33.5M | ||
| Q2 25 | $3.0M | $34.0M | ||
| Q1 25 | $-3.2M | $2.8M | ||
| Q4 24 | $5.2M | $44.8M | ||
| Q3 24 | $6.4M | $28.8M | ||
| Q2 24 | $6.4M | $22.7M | ||
| Q1 24 | $995.0K | $11.9M |
| Q4 25 | 28.4% | — | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 29.1% | — | ||
| Q1 25 | 25.3% | — | ||
| Q4 24 | 26.5% | — | ||
| Q3 24 | 26.8% | — | ||
| Q2 24 | 27.1% | — | ||
| Q1 24 | 25.0% | — |
| Q4 25 | 7.0% | -17.2% | ||
| Q3 25 | 10.4% | 13.6% | ||
| Q2 25 | 4.5% | 14.5% | ||
| Q1 25 | -0.6% | 2.2% | ||
| Q4 24 | 6.1% | 15.3% | ||
| Q3 24 | 6.5% | 12.8% | ||
| Q2 24 | 6.3% | 10.4% | ||
| Q1 24 | 3.0% | 6.0% |
| Q4 25 | 2.1% | -12.9% | ||
| Q3 25 | 6.7% | 9.9% | ||
| Q2 25 | 1.6% | 10.6% | ||
| Q1 25 | -2.0% | 1.2% | ||
| Q4 24 | 3.0% | 13.1% | ||
| Q3 24 | 3.5% | 9.9% | ||
| Q2 24 | 3.4% | 8.4% | ||
| Q1 24 | 0.5% | 5.2% |
| Q4 25 | $0.12 | $-0.41 | ||
| Q3 25 | $0.41 | $0.98 | ||
| Q2 25 | $0.10 | $0.99 | ||
| Q1 25 | $-0.10 | $0.08 | ||
| Q4 24 | $0.17 | $1.32 | ||
| Q3 24 | $0.20 | $0.85 | ||
| Q2 24 | $0.20 | $0.67 | ||
| Q1 24 | $0.03 | $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 | $28.0M | $299.3M |
| Total DebtLower is stronger | $178.0M | — |
| Stockholders' EquityBook value | $235.1M | $1.7B |
| Total Assets | $578.8M | $5.1B |
| Debt / EquityLower = less leverage | 0.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.0M | $299.3M | ||
| Q3 25 | $27.8M | $274.8M | ||
| Q2 25 | $20.0M | $233.7M | ||
| Q1 25 | $18.5M | $181.0M | ||
| Q4 24 | $18.3M | $279.3M | ||
| Q3 24 | $20.4M | $179.8M | ||
| Q2 24 | $17.2M | $208.1M | ||
| Q1 24 | $16.9M | $216.5M |
| Q4 25 | $178.0M | — | ||
| Q3 25 | $202.3M | — | ||
| Q2 25 | $189.4M | — | ||
| Q1 25 | $171.9M | — | ||
| Q4 24 | $169.6M | — | ||
| Q3 24 | $189.7M | — | ||
| Q2 24 | $199.7M | — | ||
| Q1 24 | $198.4M | — |
| Q4 25 | $235.1M | $1.7B | ||
| Q3 25 | $227.4M | $1.8B | ||
| Q2 25 | $215.8M | $1.8B | ||
| Q1 25 | $198.7M | $1.7B | ||
| Q4 24 | $198.6M | $1.7B | ||
| Q3 24 | $205.2M | $1.7B | ||
| Q2 24 | $193.2M | $1.7B | ||
| Q1 24 | $187.1M | $1.7B |
| Q4 25 | $578.8M | $5.1B | ||
| Q3 25 | $596.3M | $5.8B | ||
| Q2 25 | $571.0M | $4.7B | ||
| Q1 25 | $526.8M | $4.5B | ||
| Q4 24 | $523.0M | $4.4B | ||
| Q3 24 | $551.7M | $4.6B | ||
| Q2 24 | $548.1M | $4.2B | ||
| Q1 24 | $542.1M | $3.8B |
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 1.06× | — |
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 | $32.1M | $-664.3M |
| Free Cash FlowOCF − Capex | $26.0M | $-680.1M |
| FCF MarginFCF / Revenue | 14.3% | -200.0% |
| Capex IntensityCapex / Revenue | 3.4% | 4.6% |
| Cash ConversionOCF / Net Profit | 8.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | $8.3M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $32.1M | $-664.3M | ||
| Q3 25 | $4.5M | $-948.1M | ||
| Q2 25 | $-9.3M | $-238.5M | ||
| Q1 25 | $5.6M | $-281.1M | ||
| Q4 24 | $25.7M | $129.4M | ||
| Q3 24 | $19.4M | $-202.0M | ||
| Q2 24 | $4.5M | $-237.8M | ||
| Q1 24 | $604.0K | $38.4M |
| Q4 25 | $26.0M | $-680.1M | ||
| Q3 25 | $-4.1M | $-950.4M | ||
| Q2 25 | $-14.7M | $-241.0M | ||
| Q1 25 | $1.1M | $-284.7M | ||
| Q4 24 | $22.1M | $116.4M | ||
| Q3 24 | $14.6M | $-204.0M | ||
| Q2 24 | $-284.0K | $-241.7M | ||
| Q1 24 | $-4.2M | $35.2M |
| Q4 25 | 14.3% | -200.0% | ||
| Q3 25 | -2.1% | -281.5% | ||
| Q2 25 | -7.9% | -75.5% | ||
| Q1 25 | 0.7% | -120.0% | ||
| Q4 24 | 12.8% | 34.1% | ||
| Q3 24 | 8.0% | -69.8% | ||
| Q2 24 | -0.1% | -89.3% | ||
| Q1 24 | -2.3% | 15.4% |
| Q4 25 | 3.4% | 4.6% | ||
| Q3 25 | 4.4% | 0.7% | ||
| Q2 25 | 2.9% | 0.8% | ||
| Q1 25 | 2.8% | 1.5% | ||
| Q4 24 | 2.1% | 3.8% | ||
| Q3 24 | 2.6% | 0.7% | ||
| Q2 24 | 2.5% | 1.4% | ||
| Q1 24 | 2.6% | 1.4% |
| Q4 25 | 8.55× | — | ||
| Q3 25 | 0.34× | -28.34× | ||
| Q2 25 | -3.07× | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | 4.96× | 2.89× | ||
| Q3 24 | 3.02× | -7.01× | ||
| Q2 24 | 0.71× | -10.49× | ||
| Q1 24 | 0.61× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
