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Side-by-side financial comparison of PRA GROUP INC (PRAA) 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 $333.4M, roughly 1.0× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs -12.9%, a 29.9% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -0.4%). PRA GROUP INC produced more free cash flow last quarter ($-90.4M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 14.2%).
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
PRAA vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.4M | $340.0M |
| Net Profit | $56.5M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | 37.7% | -17.2% |
| Net Margin | 17.0% | -12.9% |
| Revenue YoY | 13.7% | -0.4% |
| Net Profit YoY | 206.3% | -131.0% |
| EPS (diluted) | $1.47 | $-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 | $333.4M | $340.0M | ||
| Q3 25 | $311.1M | $337.7M | ||
| Q2 25 | $287.7M | $319.2M | ||
| Q1 25 | $269.6M | $237.4M | ||
| Q4 24 | $293.2M | $341.5M | ||
| Q3 24 | $281.5M | $292.3M | ||
| Q2 24 | $284.2M | $270.7M | ||
| Q1 24 | $255.6M | $228.1M |
| Q4 25 | $56.5M | $-13.9M | ||
| Q3 25 | $-407.7M | $33.5M | ||
| Q2 25 | $42.4M | $34.0M | ||
| Q1 25 | $3.7M | $2.8M | ||
| Q4 24 | $18.5M | $44.8M | ||
| Q3 24 | $27.2M | $28.8M | ||
| Q2 24 | $21.5M | $22.7M | ||
| Q1 24 | $3.5M | $11.9M |
| Q4 25 | 37.7% | -17.2% | ||
| Q3 25 | -101.4% | 13.6% | ||
| Q2 25 | 29.6% | 14.5% | ||
| Q1 25 | 27.7% | 2.2% | ||
| Q4 24 | 32.1% | 15.3% | ||
| Q3 24 | 32.0% | 12.8% | ||
| Q2 24 | 31.4% | 10.4% | ||
| Q1 24 | 26.0% | 6.0% |
| Q4 25 | 17.0% | -12.9% | ||
| Q3 25 | -131.0% | 9.9% | ||
| Q2 25 | 14.7% | 10.6% | ||
| Q1 25 | 1.4% | 1.2% | ||
| Q4 24 | 6.3% | 13.1% | ||
| Q3 24 | 9.6% | 9.9% | ||
| Q2 24 | 7.6% | 8.4% | ||
| Q1 24 | 1.4% | 5.2% |
| Q4 25 | $1.47 | $-0.41 | ||
| Q3 25 | $-10.43 | $0.98 | ||
| Q2 25 | $1.08 | $0.99 | ||
| Q1 25 | $0.09 | $0.08 | ||
| Q4 24 | $0.47 | $1.32 | ||
| Q3 24 | $0.69 | $0.85 | ||
| Q2 24 | $0.54 | $0.67 | ||
| Q1 24 | $0.09 | $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 | $104.4M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $979.9M | $1.7B |
| Total Assets | $5.1B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.4M | $299.3M | ||
| Q3 25 | $107.5M | $274.8M | ||
| Q2 25 | $131.6M | $233.7M | ||
| Q1 25 | $128.7M | $181.0M | ||
| Q4 24 | $105.9M | $279.3M | ||
| Q3 24 | $141.1M | $179.8M | ||
| Q2 24 | $118.9M | $208.1M | ||
| Q1 24 | $108.1M | $216.5M |
| Q4 25 | $979.9M | $1.7B | ||
| Q3 25 | $928.5M | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.1B | $1.7B | ||
| Q1 24 | $1.1B | $1.7B |
| Q4 25 | $5.1B | $5.1B | ||
| Q3 25 | $5.0B | $5.8B | ||
| Q2 25 | $5.4B | $4.7B | ||
| Q1 25 | $5.1B | $4.5B | ||
| Q4 24 | $4.9B | $4.4B | ||
| Q3 24 | $4.9B | $4.6B | ||
| Q2 24 | $4.7B | $4.2B | ||
| Q1 24 | $4.5B | $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 | $-85.5M | $-664.3M |
| Free Cash FlowOCF − Capex | $-90.4M | $-680.1M |
| FCF MarginFCF / Revenue | -27.1% | -200.0% |
| Capex IntensityCapex / Revenue | 1.4% | 4.6% |
| Cash ConversionOCF / Net Profit | -1.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-169.4M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-85.5M | $-664.3M | ||
| Q3 25 | $-10.1M | $-948.1M | ||
| Q2 25 | $-12.9M | $-238.5M | ||
| Q1 25 | $-52.6M | $-281.1M | ||
| Q4 24 | $-94.6M | $129.4M | ||
| Q3 24 | $-35.0M | $-202.0M | ||
| Q2 24 | $-29.5M | $-237.8M | ||
| Q1 24 | $-73.0M | $38.4M |
| Q4 25 | $-90.4M | $-680.1M | ||
| Q3 25 | $-11.3M | $-950.4M | ||
| Q2 25 | $-14.2M | $-241.0M | ||
| Q1 25 | $-53.5M | $-284.7M | ||
| Q4 24 | $-98.6M | $116.4M | ||
| Q3 24 | $-36.1M | $-204.0M | ||
| Q2 24 | $-30.8M | $-241.7M | ||
| Q1 24 | $-73.5M | $35.2M |
| Q4 25 | -27.1% | -200.0% | ||
| Q3 25 | -3.6% | -281.5% | ||
| Q2 25 | -4.9% | -75.5% | ||
| Q1 25 | -19.8% | -120.0% | ||
| Q4 24 | -33.6% | 34.1% | ||
| Q3 24 | -12.8% | -69.8% | ||
| Q2 24 | -10.8% | -89.3% | ||
| Q1 24 | -28.8% | 15.4% |
| Q4 25 | 1.4% | 4.6% | ||
| Q3 25 | 0.4% | 0.7% | ||
| Q2 25 | 0.4% | 0.8% | ||
| Q1 25 | 0.3% | 1.5% | ||
| Q4 24 | 1.4% | 3.8% | ||
| Q3 24 | 0.4% | 0.7% | ||
| Q2 24 | 0.5% | 1.4% | ||
| Q1 24 | 0.2% | 1.4% |
| Q4 25 | -1.51× | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | -0.30× | -7.02× | ||
| Q1 25 | -14.37× | -102.07× | ||
| Q4 24 | -5.13× | 2.89× | ||
| Q3 24 | -1.29× | -7.01× | ||
| Q2 24 | -1.37× | -10.49× | ||
| Q1 24 | -21.01× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
WD
Segment breakdown not available.
