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Side-by-side financial comparison of TRIMAS CORP (TRS) 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 $256.5M, roughly 1.3× TRIMAS CORP). TRIMAS CORP runs the higher net margin — 31.9% vs -12.9%, a 44.8% gap on every dollar of revenue. On growth, TRIMAS CORP posted the faster year-over-year revenue change (3.8% vs -0.4%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 3.3%).

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

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

TRS vs WD — Head-to-Head

Bigger by revenue
WD
WD
1.3× larger
WD
$340.0M
$256.5M
TRS
Growing faster (revenue YoY)
TRS
TRS
+4.3% gap
TRS
3.8%
-0.4%
WD
Higher net margin
TRS
TRS
44.8% more per $
TRS
31.9%
-12.9%
WD
More free cash flow
TRS
TRS
$716.9M more FCF
TRS
$36.8M
$-680.1M
WD
Faster 2-yr revenue CAGR
WD
WD
Annualised
WD
22.1%
3.3%
TRS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
TRS
TRS
WD
WD
Revenue
$256.5M
$340.0M
Net Profit
$81.7M
$-13.9M
Gross Margin
12.8%
Operating Margin
5.7%
-17.2%
Net Margin
31.9%
-12.9%
Revenue YoY
3.8%
-0.4%
Net Profit YoY
236.9%
-131.0%
EPS (diluted)
$2.03
$-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
TRS
TRS
WD
WD
Q1 26
$256.5M
Q4 25
$-140.0M
$340.0M
Q3 25
$269.3M
$337.7M
Q2 25
$274.8M
$319.2M
Q1 25
$241.7M
$237.4M
Q4 24
$-66.2M
$341.5M
Q3 24
$229.4M
$292.3M
Q2 24
$240.5M
$270.7M
Net Profit
TRS
TRS
WD
WD
Q1 26
$81.7M
Q4 25
$81.7M
$-13.9M
Q3 25
$9.3M
$33.5M
Q2 25
$16.7M
$34.0M
Q1 25
$12.4M
$2.8M
Q4 24
$5.6M
$44.8M
Q3 24
$2.5M
$28.8M
Q2 24
$10.9M
$22.7M
Gross Margin
TRS
TRS
WD
WD
Q1 26
12.8%
Q4 25
Q3 25
12.8%
Q2 25
13.8%
Q1 25
13.6%
Q4 24
Q3 24
15.4%
Q2 24
14.4%
Operating Margin
TRS
TRS
WD
WD
Q1 26
5.7%
Q4 25
-17.2%
Q3 25
6.2%
13.6%
Q2 25
9.9%
14.5%
Q1 25
9.0%
2.2%
Q4 24
15.3%
Q3 24
3.6%
12.8%
Q2 24
7.4%
10.4%
Net Margin
TRS
TRS
WD
WD
Q1 26
31.9%
Q4 25
-58.4%
-12.9%
Q3 25
3.5%
9.9%
Q2 25
6.1%
10.6%
Q1 25
5.1%
1.2%
Q4 24
-8.5%
13.1%
Q3 24
1.1%
9.9%
Q2 24
4.5%
8.4%
EPS (diluted)
TRS
TRS
WD
WD
Q1 26
$2.03
Q4 25
$2.01
$-0.41
Q3 25
$0.23
$0.98
Q2 25
$0.41
$0.99
Q1 25
$0.30
$0.08
Q4 24
$0.14
$1.32
Q3 24
$0.06
$0.85
Q2 24
$0.27
$0.67

Balance Sheet & Financial Strength

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

Metric
TRS
TRS
WD
WD
Cash + ST InvestmentsLiquidity on hand
$30.0M
$299.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$705.6M
$1.7B
Total Assets
$1.5B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRS
TRS
WD
WD
Q1 26
$30.0M
Q4 25
$30.0M
$299.3M
Q3 25
$33.6M
$274.8M
Q2 25
$30.3M
$233.7M
Q1 25
$32.7M
$181.0M
Q4 24
$23.1M
$279.3M
Q3 24
$26.9M
$179.8M
Q2 24
$35.0M
$208.1M
Total Debt
TRS
TRS
WD
WD
Q1 26
Q4 25
$469.2M
Q3 25
$407.1M
Q2 25
$424.5M
Q1 25
$434.2M
Q4 24
$398.1M
Q3 24
$409.9M
Q2 24
$427.4M
Stockholders' Equity
TRS
TRS
WD
WD
Q1 26
$705.6M
Q4 25
$705.6M
$1.7B
Q3 25
$725.0M
$1.8B
Q2 25
$715.3M
$1.8B
Q1 25
$686.6M
$1.7B
Q4 24
$667.3M
$1.7B
Q3 24
$682.8M
$1.7B
Q2 24
$675.9M
$1.7B
Total Assets
TRS
TRS
WD
WD
Q1 26
$1.5B
Q4 25
$1.5B
$5.1B
Q3 25
$1.4B
$5.8B
Q2 25
$1.4B
$4.7B
Q1 25
$1.4B
$4.5B
Q4 24
$1.3B
$4.4B
Q3 24
$1.4B
$4.6B
Q2 24
$1.4B
$4.2B
Debt / Equity
TRS
TRS
WD
WD
Q1 26
Q4 25
0.66×
Q3 25
0.56×
Q2 25
0.59×
Q1 25
0.63×
Q4 24
0.60×
Q3 24
0.60×
Q2 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
TRS
TRS
WD
WD
Operating Cash FlowLast quarter
$117.5M
$-664.3M
Free Cash FlowOCF − Capex
$36.8M
$-680.1M
FCF MarginFCF / Revenue
14.4%
-200.0%
Capex IntensityCapex / Revenue
18.9%
4.6%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$109.7M
$-2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRS
TRS
WD
WD
Q1 26
$117.5M
Q4 25
$41.5M
$-664.3M
Q3 25
$36.5M
$-948.1M
Q2 25
$30.3M
$-238.5M
Q1 25
$9.2M
$-281.1M
Q4 24
$27.1M
$129.4M
Q3 24
$22.0M
$-202.0M
Q2 24
$18.4M
$-237.8M
Free Cash Flow
TRS
TRS
WD
WD
Q1 26
$36.8M
Q4 25
$36.8M
$-680.1M
Q3 25
$22.8M
$-950.4M
Q2 25
$13.2M
$-241.0M
Q1 25
$-3.8M
$-284.7M
Q4 24
$12.1M
$116.4M
Q3 24
$10.2M
$-204.0M
Q2 24
$7.5M
$-241.7M
FCF Margin
TRS
TRS
WD
WD
Q1 26
14.4%
Q4 25
-26.3%
-200.0%
Q3 25
8.5%
-281.5%
Q2 25
4.8%
-75.5%
Q1 25
-1.6%
-120.0%
Q4 24
-18.3%
34.1%
Q3 24
4.4%
-69.8%
Q2 24
3.1%
-89.3%
Capex Intensity
TRS
TRS
WD
WD
Q1 26
18.9%
Q4 25
-3.4%
4.6%
Q3 25
5.1%
0.7%
Q2 25
6.2%
0.8%
Q1 25
5.4%
1.5%
Q4 24
-22.6%
3.8%
Q3 24
5.2%
0.7%
Q2 24
4.5%
1.4%
Cash Conversion
TRS
TRS
WD
WD
Q1 26
1.44×
Q4 25
0.51×
Q3 25
3.92×
-28.34×
Q2 25
1.81×
-7.02×
Q1 25
0.74×
-102.07×
Q4 24
4.80×
2.89×
Q3 24
8.71×
-7.01×
Q2 24
1.68×
-10.49×

Financial Flow Comparison

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

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