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Side-by-side financial comparison of Walker & Dunlop, Inc. (WD) and Xenia Hotels & Resorts, Inc. (XHR). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $295.4M, roughly 1.2× Xenia Hotels & Resorts, Inc.). Xenia Hotels & Resorts, Inc. runs the higher net margin — 6.7% vs -12.9%, a 19.6% gap on every dollar of revenue. On growth, Xenia Hotels & Resorts, Inc. posted the faster year-over-year revenue change (2.2% vs -0.4%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 4.0%).
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
Xenia Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of December 31, 2024, it owned 31 hotels comprising 9,408 rooms.
WD vs XHR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $340.0M | $295.4M |
| Net Profit | $-13.9M | $19.8M |
| Gross Margin | — | — |
| Operating Margin | -17.2% | 14.1% |
| Net Margin | -12.9% | 6.7% |
| Revenue YoY | -0.4% | 2.2% |
| Net Profit YoY | -131.0% | 26.9% |
| EPS (diluted) | $-0.41 | $0.21 |
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.
| Q1 26 | — | $295.4M | ||
| Q4 25 | $340.0M | $265.6M | ||
| Q3 25 | $337.7M | $236.4M | ||
| Q2 25 | $319.2M | $287.6M | ||
| Q1 25 | $237.4M | $288.9M | ||
| Q4 24 | $341.5M | $261.8M | ||
| Q3 24 | $292.3M | $236.8M | ||
| Q2 24 | $270.7M | $272.9M |
| Q1 26 | — | $19.8M | ||
| Q4 25 | $-13.9M | $6.1M | ||
| Q3 25 | $33.5M | $-13.7M | ||
| Q2 25 | $34.0M | $55.2M | ||
| Q1 25 | $2.8M | $15.6M | ||
| Q4 24 | $44.8M | $-638.0K | ||
| Q3 24 | $28.8M | $-7.1M | ||
| Q2 24 | $22.7M | $15.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 33.6% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 31.9% |
| Q1 26 | — | 14.1% | ||
| Q4 25 | -17.2% | 10.1% | ||
| Q3 25 | 13.6% | 2.0% | ||
| Q2 25 | 14.5% | 14.0% | ||
| Q1 25 | 2.2% | 12.4% | ||
| Q4 24 | 15.3% | 8.2% | ||
| Q3 24 | 12.8% | 3.2% | ||
| Q2 24 | 10.4% | 11.1% |
| Q1 26 | — | 6.7% | ||
| Q4 25 | -12.9% | 2.3% | ||
| Q3 25 | 9.9% | -5.8% | ||
| Q2 25 | 10.6% | 19.2% | ||
| Q1 25 | 1.2% | 5.4% | ||
| Q4 24 | 13.1% | -0.2% | ||
| Q3 24 | 9.9% | -3.0% | ||
| Q2 24 | 8.4% | 5.6% |
| Q1 26 | — | $0.21 | ||
| Q4 25 | $-0.41 | $0.07 | ||
| Q3 25 | $0.98 | $-0.14 | ||
| Q2 25 | $0.99 | $0.56 | ||
| Q1 25 | $0.08 | $0.15 | ||
| Q4 24 | $1.32 | $-0.01 | ||
| Q3 24 | $0.85 | $-0.07 | ||
| Q2 24 | $0.67 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $299.3M | $101.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $1.2B |
| Total Assets | $5.1B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $101.1M | ||
| Q4 25 | $299.3M | $140.4M | ||
| Q3 25 | $274.8M | $188.2M | ||
| Q2 25 | $233.7M | $172.6M | ||
| Q1 25 | $181.0M | $112.6M | ||
| Q4 24 | $279.3M | $78.2M | ||
| Q3 24 | $179.8M | $161.5M | ||
| Q2 24 | $208.1M | $143.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.7B | $1.1B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $5.1B | $2.8B | ||
| Q3 25 | $5.8B | $2.9B | ||
| Q2 25 | $4.7B | $2.9B | ||
| Q1 25 | $4.5B | $2.9B | ||
| Q4 24 | $4.4B | $2.8B | ||
| Q3 24 | $4.6B | $2.9B | ||
| Q2 24 | $4.2B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 1.09× |
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 | $-664.3M | — |
| Free Cash FlowOCF − Capex | $-680.1M | — |
| FCF MarginFCF / Revenue | -200.0% | — |
| Capex IntensityCapex / Revenue | 4.6% | 23.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-2.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-664.3M | $21.4M | ||
| Q3 25 | $-948.1M | $64.0M | ||
| Q2 25 | $-238.5M | $36.3M | ||
| Q1 25 | $-281.1M | $54.8M | ||
| Q4 24 | $129.4M | $30.6M | ||
| Q3 24 | $-202.0M | $51.2M | ||
| Q2 24 | $-237.8M | $57.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-680.1M | $5.5M | ||
| Q3 25 | $-950.4M | $44.2M | ||
| Q2 25 | $-241.0M | $17.8M | ||
| Q1 25 | $-284.7M | $22.4M | ||
| Q4 24 | $116.4M | $6.2M | ||
| Q3 24 | $-204.0M | $4.3M | ||
| Q2 24 | $-241.7M | $21.4M |
| Q1 26 | — | — | ||
| Q4 25 | -200.0% | 2.1% | ||
| Q3 25 | -281.5% | 18.7% | ||
| Q2 25 | -75.5% | 6.2% | ||
| Q1 25 | -120.0% | 7.8% | ||
| Q4 24 | 34.1% | 2.4% | ||
| Q3 24 | -69.8% | 1.8% | ||
| Q2 24 | -89.3% | 7.8% |
| Q1 26 | — | 23.7% | ||
| Q4 25 | 4.6% | 6.0% | ||
| Q3 25 | 0.7% | 8.4% | ||
| Q2 25 | 0.8% | 6.4% | ||
| Q1 25 | 1.5% | 11.2% | ||
| Q4 24 | 3.8% | 9.3% | ||
| Q3 24 | 0.7% | 19.8% | ||
| Q2 24 | 1.4% | 13.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.52× | ||
| Q3 25 | -28.34× | — | ||
| Q2 25 | -7.02× | 0.66× | ||
| Q1 25 | -102.07× | 3.51× | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | -7.01× | — | ||
| Q2 24 | -10.49× | 3.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
WD
Segment breakdown not available.
XHR
| Rooms revenues | $164.4M | 56% |
| Food and beverage revenues | $105.0M | 36% |
| Other revenues | $26.0M | 9% |
