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Side-by-side financial comparison of Walker & Dunlop, Inc. (WD) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $340.0M, roughly 1.4× Walker & Dunlop, Inc.). OLYMPIC STEEL INC runs the higher net margin — 0.4% vs -12.9%, a 13.3% gap on every dollar of revenue. On growth, OLYMPIC STEEL INC posted the faster year-over-year revenue change (4.4% vs -0.4%). OLYMPIC STEEL INC produced more free cash flow last quarter ($-12.9M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 0.1%).
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
WD vs ZEUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $340.0M | $490.7M |
| Net Profit | $-13.9M | $2.2M |
| Gross Margin | — | — |
| Operating Margin | -17.2% | 1.5% |
| Net Margin | -12.9% | 0.4% |
| Revenue YoY | -0.4% | 4.4% |
| Net Profit YoY | -131.0% | -21.2% |
| EPS (diluted) | $-0.41 | $0.18 |
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 | $340.0M | — | ||
| Q3 25 | $337.7M | $490.7M | ||
| Q2 25 | $319.2M | $496.5M | ||
| Q1 25 | $237.4M | $492.9M | ||
| Q4 24 | $341.5M | $418.8M | ||
| Q3 24 | $292.3M | $470.0M | ||
| Q2 24 | $270.7M | $526.3M | ||
| Q1 24 | $228.1M | $526.6M |
| Q4 25 | $-13.9M | — | ||
| Q3 25 | $33.5M | $2.2M | ||
| Q2 25 | $34.0M | $5.2M | ||
| Q1 25 | $2.8M | $2.5M | ||
| Q4 24 | $44.8M | $3.9M | ||
| Q3 24 | $28.8M | $2.7M | ||
| Q2 24 | $22.7M | $7.7M | ||
| Q1 24 | $11.9M | $8.7M |
| Q4 25 | -17.2% | — | ||
| Q3 25 | 13.6% | 1.5% | ||
| Q2 25 | 14.5% | 2.3% | ||
| Q1 25 | 2.2% | 1.6% | ||
| Q4 24 | 15.3% | 2.1% | ||
| Q3 24 | 12.8% | 1.7% | ||
| Q2 24 | 10.4% | 2.9% | ||
| Q1 24 | 6.0% | 3.0% |
| Q4 25 | -12.9% | — | ||
| Q3 25 | 9.9% | 0.4% | ||
| Q2 25 | 10.6% | 1.1% | ||
| Q1 25 | 1.2% | 0.5% | ||
| Q4 24 | 13.1% | 0.9% | ||
| Q3 24 | 9.9% | 0.6% | ||
| Q2 24 | 8.4% | 1.5% | ||
| Q1 24 | 5.2% | 1.7% |
| Q4 25 | $-0.41 | — | ||
| Q3 25 | $0.98 | $0.18 | ||
| Q2 25 | $0.99 | $0.45 | ||
| Q1 25 | $0.08 | $0.21 | ||
| Q4 24 | $1.32 | $0.33 | ||
| Q3 24 | $0.85 | $0.23 | ||
| Q2 24 | $0.67 | $0.66 | ||
| Q1 24 | $0.35 | $0.75 |
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 | $7.5M |
| Total DebtLower is stronger | — | $240.9M |
| Stockholders' EquityBook value | $1.7B | $579.1M |
| Total Assets | $5.1B | $1.1B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $299.3M | — | ||
| Q3 25 | $274.8M | $7.5M | ||
| Q2 25 | $233.7M | $14.8M | ||
| Q1 25 | $181.0M | $13.3M | ||
| Q4 24 | $279.3M | $11.9M | ||
| Q3 24 | $179.8M | $11.1M | ||
| Q2 24 | $208.1M | $9.4M | ||
| Q1 24 | $216.5M | $10.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $233.2M | ||
| Q1 25 | — | $235.4M | ||
| Q4 24 | — | $272.5M | ||
| Q3 24 | — | $197.3M | ||
| Q2 24 | — | $209.2M | ||
| Q1 24 | — | $196.8M |
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.8B | $579.1M | ||
| Q2 25 | $1.8B | $578.2M | ||
| Q1 25 | $1.7B | $574.2M | ||
| Q4 24 | $1.7B | $573.9M | ||
| Q3 24 | $1.7B | $570.6M | ||
| Q2 24 | $1.7B | $569.5M | ||
| Q1 24 | $1.7B | $563.0M |
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.8B | $1.1B | ||
| Q2 25 | $4.7B | $1.1B | ||
| Q1 25 | $4.5B | $1.1B | ||
| Q4 24 | $4.4B | $1.0B | ||
| Q3 24 | $4.6B | $1.0B | ||
| Q2 24 | $4.2B | $1.0B | ||
| Q1 24 | $3.8B | $1.0B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.35× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | $-680.1M | $-12.9M |
| FCF MarginFCF / Revenue | -200.0% | -2.6% |
| Capex IntensityCapex / Revenue | 4.6% | 1.5% |
| Cash ConversionOCF / Net Profit | — | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | $-2.2B | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-664.3M | — | ||
| Q3 25 | $-948.1M | $-5.4M | ||
| Q2 25 | $-238.5M | $15.5M | ||
| Q1 25 | $-281.1M | $49.4M | ||
| Q4 24 | $129.4M | $14.6M | ||
| Q3 24 | $-202.0M | $24.6M | ||
| Q2 24 | $-237.8M | $-2.9M | ||
| Q1 24 | $38.4M | $-2.6M |
| Q4 25 | $-680.1M | — | ||
| Q3 25 | $-950.4M | $-12.9M | ||
| Q2 25 | $-241.0M | $6.8M | ||
| Q1 25 | $-284.7M | $40.6M | ||
| Q4 24 | $116.4M | $7.4M | ||
| Q3 24 | $-204.0M | $15.6M | ||
| Q2 24 | $-241.7M | $-11.3M | ||
| Q1 24 | $35.2M | $-7.4M |
| Q4 25 | -200.0% | — | ||
| Q3 25 | -281.5% | -2.6% | ||
| Q2 25 | -75.5% | 1.4% | ||
| Q1 25 | -120.0% | 8.2% | ||
| Q4 24 | 34.1% | 1.8% | ||
| Q3 24 | -69.8% | 3.3% | ||
| Q2 24 | -89.3% | -2.2% | ||
| Q1 24 | 15.4% | -1.4% |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 0.7% | 1.5% | ||
| Q2 25 | 0.8% | 1.7% | ||
| Q1 25 | 1.5% | 1.8% | ||
| Q4 24 | 3.8% | 1.7% | ||
| Q3 24 | 0.7% | 1.9% | ||
| Q2 24 | 1.4% | 1.6% | ||
| Q1 24 | 1.4% | 0.9% |
| Q4 25 | — | — | ||
| Q3 25 | -28.34× | -2.50× | ||
| Q2 25 | -7.02× | 2.96× | ||
| Q1 25 | -102.07× | 19.70× | ||
| Q4 24 | 2.89× | 3.75× | ||
| Q3 24 | -7.01× | 9.01× | ||
| Q2 24 | -10.49× | -0.38× | ||
| Q1 24 | 3.24× | -0.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
WD
Segment breakdown not available.
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |