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Side-by-side financial comparison of TENNANT CO (TNC) 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 $291.6M, roughly 1.2× TENNANT CO). TENNANT CO runs the higher net margin — -1.5% vs -12.9%, a 11.4% gap on every dollar of revenue. On growth, Walker & Dunlop, Inc. posted the faster year-over-year revenue change (-0.4% vs -11.3%). TENNANT CO produced more free cash flow last quarter ($9.7M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs -3.2%).

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.

TNC vs WD — Head-to-Head

Bigger by revenue
WD
WD
1.2× larger
WD
$340.0M
$291.6M
TNC
Growing faster (revenue YoY)
WD
WD
+10.9% gap
WD
-0.4%
-11.3%
TNC
Higher net margin
TNC
TNC
11.4% more per $
TNC
-1.5%
-12.9%
WD
More free cash flow
TNC
TNC
$689.8M more FCF
TNC
$9.7M
$-680.1M
WD
Faster 2-yr revenue CAGR
WD
WD
Annualised
WD
22.1%
-3.2%
TNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TNC
TNC
WD
WD
Revenue
$291.6M
$340.0M
Net Profit
$-4.4M
$-13.9M
Gross Margin
34.6%
Operating Margin
-1.4%
-17.2%
Net Margin
-1.5%
-12.9%
Revenue YoY
-11.3%
-0.4%
Net Profit YoY
-166.7%
-131.0%
EPS (diluted)
$-0.21
$-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.

Revenue
TNC
TNC
WD
WD
Q4 25
$291.6M
$340.0M
Q3 25
$303.3M
$337.7M
Q2 25
$318.6M
$319.2M
Q1 25
$290.0M
$237.4M
Q4 24
$328.9M
$341.5M
Q3 24
$315.8M
$292.3M
Q2 24
$331.0M
$270.7M
Q1 24
$311.0M
$228.1M
Net Profit
TNC
TNC
WD
WD
Q4 25
$-4.4M
$-13.9M
Q3 25
$14.9M
$33.5M
Q2 25
$20.2M
$34.0M
Q1 25
$13.1M
$2.8M
Q4 24
$6.6M
$44.8M
Q3 24
$20.8M
$28.8M
Q2 24
$27.9M
$22.7M
Q1 24
$28.4M
$11.9M
Gross Margin
TNC
TNC
WD
WD
Q4 25
34.6%
Q3 25
42.7%
Q2 25
42.1%
Q1 25
41.4%
Q4 24
41.3%
Q3 24
42.4%
Q2 24
43.1%
Q1 24
44.2%
Operating Margin
TNC
TNC
WD
WD
Q4 25
-1.4%
-17.2%
Q3 25
7.4%
13.6%
Q2 25
9.6%
14.5%
Q1 25
6.8%
2.2%
Q4 24
2.3%
15.3%
Q3 24
9.7%
12.8%
Q2 24
11.7%
10.4%
Q1 24
12.1%
6.0%
Net Margin
TNC
TNC
WD
WD
Q4 25
-1.5%
-12.9%
Q3 25
4.9%
9.9%
Q2 25
6.3%
10.6%
Q1 25
4.5%
1.2%
Q4 24
2.0%
13.1%
Q3 24
6.6%
9.9%
Q2 24
8.4%
8.4%
Q1 24
9.1%
5.2%
EPS (diluted)
TNC
TNC
WD
WD
Q4 25
$-0.21
$-0.41
Q3 25
$0.80
$0.98
Q2 25
$1.08
$0.99
Q1 25
$0.69
$0.08
Q4 24
$0.35
$1.32
Q3 24
$1.09
$0.85
Q2 24
$1.45
$0.67
Q1 24
$1.49
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TNC
TNC
WD
WD
Cash + ST InvestmentsLiquidity on hand
$299.3M
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$601.6M
$1.7B
Total Assets
$1.3B
$5.1B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TNC
TNC
WD
WD
Q4 25
$299.3M
Q3 25
$274.8M
Q2 25
$233.7M
Q1 25
$181.0M
Q4 24
$279.3M
Q3 24
$179.8M
Q2 24
$208.1M
Q1 24
$216.5M
Total Debt
TNC
TNC
WD
WD
Q4 25
$273.2M
Q3 25
$238.3M
Q2 25
$213.4M
Q1 25
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$205.6M
Q1 24
$207.4M
Stockholders' Equity
TNC
TNC
WD
WD
Q4 25
$601.6M
$1.7B
Q3 25
$640.9M
$1.8B
Q2 25
$651.9M
$1.8B
Q1 25
$624.4M
$1.7B
Q4 24
$620.8M
$1.7B
Q3 24
$647.2M
$1.7B
Q2 24
$624.6M
$1.7B
Q1 24
$614.6M
$1.7B
Total Assets
TNC
TNC
WD
WD
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
$1.2B
$4.4B
Q3 24
$1.2B
$4.6B
Q2 24
$1.2B
$4.2B
Q1 24
$1.2B
$3.8B
Debt / Equity
TNC
TNC
WD
WD
Q4 25
0.45×
Q3 25
0.37×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TNC
TNC
WD
WD
Operating Cash FlowLast quarter
$14.2M
$-664.3M
Free Cash FlowOCF − Capex
$9.7M
$-680.1M
FCF MarginFCF / Revenue
3.3%
-200.0%
Capex IntensityCapex / Revenue
1.5%
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.3M
$-2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TNC
TNC
WD
WD
Q4 25
$14.2M
$-664.3M
Q3 25
$28.7M
$-948.1M
Q2 25
$22.5M
$-238.5M
Q1 25
$-400.0K
$-281.1M
Q4 24
$37.5M
$129.4M
Q3 24
$30.7M
$-202.0M
Q2 24
$18.6M
$-237.8M
Q1 24
$2.9M
$38.4M
Free Cash Flow
TNC
TNC
WD
WD
Q4 25
$9.7M
$-680.1M
Q3 25
$22.3M
$-950.4M
Q2 25
$18.7M
$-241.0M
Q1 25
$-7.4M
$-284.7M
Q4 24
$28.1M
$116.4M
Q3 24
$26.4M
$-204.0M
Q2 24
$14.4M
$-241.7M
Q1 24
$-100.0K
$35.2M
FCF Margin
TNC
TNC
WD
WD
Q4 25
3.3%
-200.0%
Q3 25
7.4%
-281.5%
Q2 25
5.9%
-75.5%
Q1 25
-2.6%
-120.0%
Q4 24
8.5%
34.1%
Q3 24
8.4%
-69.8%
Q2 24
4.4%
-89.3%
Q1 24
-0.0%
15.4%
Capex Intensity
TNC
TNC
WD
WD
Q4 25
1.5%
4.6%
Q3 25
2.1%
0.7%
Q2 25
1.2%
0.8%
Q1 25
2.4%
1.5%
Q4 24
2.9%
3.8%
Q3 24
1.4%
0.7%
Q2 24
1.3%
1.4%
Q1 24
1.0%
1.4%
Cash Conversion
TNC
TNC
WD
WD
Q4 25
Q3 25
1.93×
-28.34×
Q2 25
1.11×
-7.02×
Q1 25
-0.03×
-102.07×
Q4 24
5.68×
2.89×
Q3 24
1.48×
-7.01×
Q2 24
0.67×
-10.49×
Q1 24
0.10×
3.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

WD
WD

Segment breakdown not available.

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