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Side-by-side financial comparison of Smith Douglas Homes Corp. (SDHC) 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 $260.4M, roughly 1.3× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -12.9%, a 14.3% gap on every dollar of revenue. On growth, Walker & Dunlop, Inc. posted the faster year-over-year revenue change (-0.4% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 17.3%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
SDHC vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $260.4M | $340.0M |
| Net Profit | $3.5M | $-13.9M |
| Gross Margin | 19.9% | — |
| Operating Margin | 6.5% | -17.2% |
| Net Margin | 1.4% | -12.9% |
| Revenue YoY | -9.4% | -0.4% |
| Net Profit YoY | -14.3% | -131.0% |
| EPS (diluted) | $0.39 | $-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 | $260.4M | $340.0M | ||
| Q3 25 | $262.0M | $337.7M | ||
| Q2 25 | $223.9M | $319.2M | ||
| Q1 25 | $224.7M | $237.4M | ||
| Q4 24 | $287.5M | $341.5M | ||
| Q3 24 | $277.8M | $292.3M | ||
| Q2 24 | $220.9M | $270.7M | ||
| Q1 24 | $189.2M | $228.1M |
| Q4 25 | $3.5M | $-13.9M | ||
| Q3 25 | $2.1M | $33.5M | ||
| Q2 25 | $2.4M | $34.0M | ||
| Q1 25 | $2.7M | $2.8M | ||
| Q4 24 | $4.1M | $44.8M | ||
| Q3 24 | $5.3M | $28.8M | ||
| Q2 24 | $3.6M | $22.7M | ||
| Q1 24 | $3.0M | $11.9M |
| Q4 25 | 19.9% | — | ||
| Q3 25 | 21.0% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | 23.8% | — | ||
| Q4 24 | 25.5% | — | ||
| Q3 24 | 26.5% | — | ||
| Q2 24 | 26.7% | — | ||
| Q1 24 | 26.1% | — |
| Q4 25 | 6.5% | -17.2% | ||
| Q3 25 | 6.6% | 13.6% | ||
| Q2 25 | 7.7% | 14.5% | ||
| Q1 25 | 8.7% | 2.2% | ||
| Q4 24 | 10.4% | 15.3% | ||
| Q3 24 | 14.2% | 12.8% | ||
| Q2 24 | 11.7% | 10.4% | ||
| Q1 24 | 11.3% | 6.0% |
| Q4 25 | 1.4% | -12.9% | ||
| Q3 25 | 0.8% | 9.9% | ||
| Q2 25 | 1.1% | 10.6% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | 1.4% | 13.1% | ||
| Q3 24 | 1.9% | 9.9% | ||
| Q2 24 | 1.7% | 8.4% | ||
| Q1 24 | 1.6% | 5.2% |
| Q4 25 | $0.39 | $-0.41 | ||
| Q3 25 | $0.24 | $0.98 | ||
| Q2 25 | $0.26 | $0.99 | ||
| Q1 25 | $0.30 | $0.08 | ||
| Q4 24 | $0.50 | $1.32 | ||
| Q3 24 | $0.58 | $0.85 | ||
| Q2 24 | $0.40 | $0.67 | ||
| Q1 24 | $0.33 | $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 | $12.7M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $86.7M | $1.7B |
| Total Assets | $557.6M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.7M | $299.3M | ||
| Q3 25 | $14.8M | $274.8M | ||
| Q2 25 | $16.8M | $233.7M | ||
| Q1 25 | $12.7M | $181.0M | ||
| Q4 24 | $22.4M | $279.3M | ||
| Q3 24 | $23.7M | $179.8M | ||
| Q2 24 | $17.3M | $208.1M | ||
| Q1 24 | $32.8M | $216.5M |
| Q4 25 | $86.7M | $1.7B | ||
| Q3 25 | $82.2M | $1.8B | ||
| Q2 25 | $80.0M | $1.8B | ||
| Q1 25 | $76.9M | $1.7B | ||
| Q4 24 | $73.6M | $1.7B | ||
| Q3 24 | $68.4M | $1.7B | ||
| Q2 24 | $62.1M | $1.7B | ||
| Q1 24 | $59.7M | $1.7B |
| Q4 25 | $557.6M | $5.1B | ||
| Q3 25 | $571.6M | $5.8B | ||
| Q2 25 | $570.2M | $4.7B | ||
| Q1 25 | $513.9M | $4.5B | ||
| Q4 24 | $475.9M | $4.4B | ||
| Q3 24 | $460.1M | $4.6B | ||
| Q2 24 | $429.3M | $4.2B | ||
| Q1 24 | $401.3M | $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 | $9.8M | $-664.3M |
| Free Cash FlowOCF − Capex | $8.7M | $-680.1M |
| FCF MarginFCF / Revenue | 3.4% | -200.0% |
| Capex IntensityCapex / Revenue | 0.4% | 4.6% |
| Cash ConversionOCF / Net Profit | 2.77× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-36.9M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.8M | $-664.3M | ||
| Q3 25 | $22.8M | $-948.1M | ||
| Q2 25 | $-28.9M | $-238.5M | ||
| Q1 25 | $-34.9M | $-281.1M | ||
| Q4 24 | $5.5M | $129.4M | ||
| Q3 24 | $22.9M | $-202.0M | ||
| Q2 24 | $39.0K | $-237.8M | ||
| Q1 24 | $-9.3M | $38.4M |
| Q4 25 | $8.7M | $-680.1M | ||
| Q3 25 | $21.4M | $-950.4M | ||
| Q2 25 | $-31.1M | $-241.0M | ||
| Q1 25 | $-35.9M | $-284.7M | ||
| Q4 24 | $4.8M | $116.4M | ||
| Q3 24 | $22.3M | $-204.0M | ||
| Q2 24 | $-2.1M | $-241.7M | ||
| Q1 24 | $-9.7M | $35.2M |
| Q4 25 | 3.4% | -200.0% | ||
| Q3 25 | 8.2% | -281.5% | ||
| Q2 25 | -13.9% | -75.5% | ||
| Q1 25 | -16.0% | -120.0% | ||
| Q4 24 | 1.7% | 34.1% | ||
| Q3 24 | 8.0% | -69.8% | ||
| Q2 24 | -1.0% | -89.3% | ||
| Q1 24 | -5.1% | 15.4% |
| Q4 25 | 0.4% | 4.6% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.9% | 0.8% | ||
| Q1 25 | 0.5% | 1.5% | ||
| Q4 24 | 0.2% | 3.8% | ||
| Q3 24 | 0.2% | 0.7% | ||
| Q2 24 | 1.0% | 1.4% | ||
| Q1 24 | 0.2% | 1.4% |
| Q4 25 | 2.77× | — | ||
| Q3 25 | 10.70× | -28.34× | ||
| Q2 25 | -12.24× | -7.02× | ||
| Q1 25 | -13.01× | -102.07× | ||
| Q4 24 | 1.33× | 2.89× | ||
| Q3 24 | 4.28× | -7.01× | ||
| Q2 24 | 0.01× | -10.49× | ||
| Q1 24 | -3.12× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
WD
Segment breakdown not available.
