Walker & Dunlop Inc
NYSE:WD
Cash Flow Statement
Cash Flow Statement
Walker & Dunlop Inc
| Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income |
50
|
36
|
40
|
8
|
4
|
4
|
3
|
35
|
34
|
32
|
33
|
34
|
36
|
41
|
42
|
42
|
41
|
39
|
46
|
51
|
66
|
73
|
79
|
83
|
77
|
88
|
98
|
114
|
142
|
145
|
149
|
212
|
205
|
212
|
215
|
161
|
168
|
169
|
176
|
173
|
177
|
197
|
206
|
246
|
257
|
250
|
269
|
266
|
278
|
276
|
251
|
209
|
166
|
137
|
112
|
103
|
86
|
81
|
89
|
101
|
93
|
107
|
111
|
|
| Depreciation & Amortization |
16
|
21
|
25
|
17
|
19
|
19
|
22
|
23
|
25
|
27
|
37
|
54
|
65
|
77
|
80
|
76
|
76
|
77
|
76
|
80
|
86
|
91
|
97
|
98
|
99
|
102
|
105
|
111
|
119
|
125
|
128
|
131
|
133
|
135
|
140
|
142
|
146
|
148
|
149
|
153
|
154
|
159
|
164
|
169
|
176
|
182
|
194
|
210
|
220
|
232
|
239
|
235
|
236
|
231
|
229
|
227
|
226
|
225
|
226
|
238
|
239
|
242
|
245
|
|
| Change in Deffered Taxes |
0
|
0
|
0
|
30
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
38
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
47
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
|
| Stock-Based Compensation |
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
3
|
4
|
5
|
7
|
8
|
9
|
9
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
28
|
36
|
45
|
55
|
37
|
40
|
42
|
37
|
34
|
30
|
20
|
14
|
28
|
27
|
33
|
40
|
27
|
28
|
27
|
28
|
|
| Other Non-Cash Items |
11
|
(54)
|
(89)
|
(235)
|
(92)
|
(404)
|
(14)
|
(7)
|
(202)
|
19
|
(1 128)
|
(898)
|
(295)
|
(163)
|
716
|
716
|
111
|
96
|
(14)
|
(856)
|
(873)
|
(883)
|
(890)
|
(1 539)
|
(1 532)
|
(1 556)
|
(1 570)
|
488
|
466
|
477
|
474
|
750
|
(182)
|
(183)
|
(171)
|
(240)
|
(328)
|
(389)
|
(371)
|
107
|
(89)
|
(646)
|
(2 205)
|
(1 901)
|
(295)
|
(306)
|
153
|
362
|
(39)
|
398
|
39
|
1 150
|
(347)
|
(543)
|
1 426
|
(307)
|
272
|
369
|
(368)
|
(156)
|
(433)
|
(516)
|
(1 340)
|
|
| Cash Taxes Paid |
0
|
0
|
0
|
0
|
2
|
5
|
11
|
12
|
13
|
15
|
9
|
14
|
11
|
7
|
7
|
1
|
3
|
7
|
12
|
19
|
25
|
29
|
33
|
35
|
37
|
35
|
31
|
34
|
36
|
46
|
50
|
46
|
34
|
49
|
44
|
46
|
45
|
39
|
42
|
40
|
40
|
17
|
28
|
30
|
30
|
55
|
47
|
43
|
45
|
62
|
61
|
59
|
58
|
34
|
29
|
31
|
29
|
27
|
33
|
32
|
33
|
31
|
25
|
|
| Cash Interest Paid |
5
|
5
|
5
|
5
|
5
|
4
|
4
|
5
|
5
|
6
|
6
|
12
|
16
|
18
|
19
|
15
|
15
|
18
|
20
|
24
|
27
|
30
|
32
|
33
|
37
|
34
|
37
|
39
|
39
|
44
|
45
|
56
|
55
|
55
|
57
|
56
|
64
|
71
|
72
|
64
|
57
|
52
|
46
|
46
|
44
|
38
|
38
|
38
|
41
|
49
|
62
|
77
|
90
|
101
|
115
|
114
|
106
|
106
|
101
|
105
|
102
|
97
|
91
|
|
| Change in Working Capital |
(5)
|
(11)
|
2
|
8
|
(2)
|
6
|
4
|
(2)
|
(12)
|
(11)
|
(10)
|
(46)
|
(29)
|
(26)
|
(40)
|
(15)
|
(97)
|
(393)
|
(513)
|
(16)
|
(164)
|
548
|
456
|
3
|
2 178
|
118
|
1 268
|
8
|
(1 318)
|
74
|
(2 624)
|
5
|
444
|
229
|
1 116
|
(17)
|
(235)
|
230
|
1 115
|
(27)
|
28
|
54
|
59
|
28
|
60
|
44
|
73
|
(2)
|
68
|
59
|
73
|
(30)
|
10
|
23
|
(49)
|
(25)
|
1
|
5
|
(16)
|
(50)
|
(87)
|
(21)
|
50
|
|
| Cash from Operating Activities |
73
N/A
|
(12)
N/A
|
(31)
-155%
|
(171)
-446%
|
(41)
+76%
|
(346)
-737%
|
44
N/A
|
58
+32%
|
(146)
N/A
|
76
N/A
|
(1 058)
N/A
|
(839)
+21%
|
(206)
+75%
|
(55)
+73%
|
814
N/A
|
837
+3%
|
150
-82%
|
(162)
N/A
|
(386)
-138%
|
(730)
-89%
|
(875)
-20%
|
(161)
+82%
|
(248)
-55%
|
(1 339)
-439%
|
838
N/A
|
(1 231)
N/A
|
(82)
+93%
|
760
N/A
|
(553)
N/A
|
858
N/A
|
(1 835)
N/A
|
1 068
N/A
|
601
-44%
|
393
-35%
|
1 299
+230%
|
64
-95%
|
(248)
N/A
|
159
N/A
|
1 069
+572%
|
428
-60%
|
270
-37%
|
(236)
N/A
|
(1 776)
-653%
|
(1 411)
+21%
|
197
N/A
|
171
-13%
|
689
+304%
|
871
+26%
|
527
-39%
|
965
+83%
|
601
-38%
|
1 583
+163%
|
64
-96%
|
(152)
N/A
|
1 717
N/A
|
(1)
N/A
|
585
N/A
|
681
+16%
|
(70)
N/A
|
129
N/A
|
(190)
N/A
|
(191)
0%
|
(937)
-391%
|
|
| Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures |
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(7)
|
(7)
|
(5)
|
(4)
|
(3)
|
(4)
|
(5)
|
(4)
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(9)
|
(19)
|
(17)
|
(23)
|
(22)
|
(13)
|
(20)
|
(17)
|
(16)
|
(17)
|
(14)
|
(11)
|
(13)
|
(13)
|
(12)
|
(12)
|
|
| Other Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(16)
|
(225)
|
(218)
|
(211)
|
(239)
|
(103)
|
(126)
|
(178)
|
(147)
|
(88)
|
(113)
|
(70)
|
(159)
|
(176)
|
(26)
|
23
|
26
|
34
|
(64)
|
(215)
|
(104)
|
43
|
102
|
201
|
58
|
(134)
|
(548)
|
(522)
|
(376)
|
(322)
|
(75)
|
(52)
|
(34)
|
54
|
118
|
165
|
122
|
23
|
(368)
|
(484)
|
(550)
|
(575)
|
(112)
|
(67)
|
110
|
200
|
143
|
109
|
0
|
(45)
|
(25)
|
(39)
|
(58)
|
(53)
|
|
| Cash from Investing Activities |
(0)
N/A
|
(1)
-150%
|
(0)
+60%
|
(1)
-200%
|
(1)
-33%
|
(1)
N/A
|
(2)
-125%
|
(4)
-111%
|
(12)
-226%
|
(23)
-88%
|
(231)
-892%
|
(222)
+4%
|
(214)
+3%
|
(242)
-13%
|
(107)
+56%
|
(131)
-22%
|
(181)
-39%
|
(150)
+17%
|
(89)
+41%
|
(116)
-30%
|
(73)
+37%
|
(162)
-122%
|
(179)
-11%
|
(27)
+85%
|
22
N/A
|
25
+13%
|
32
+31%
|
(67)
N/A
|
(218)
-226%
|
(107)
+51%
|
37
N/A
|
97
+161%
|
196
+101%
|
53
-73%
|
(136)
N/A
|
(552)
-305%
|
(527)
+4%
|
(383)
+27%
|
(329)
+14%
|
(80)
+76%
|
(56)
+29%
|
(36)
+35%
|
51
N/A
|
115
+125%
|
161
+39%
|
117
-27%
|
17
-86%
|
(378)
N/A
|
(503)
-33%
|
(567)
-13%
|
(598)
-5%
|
(134)
+78%
|
(80)
+40%
|
91
N/A
|
184
+103%
|
127
-31%
|
93
-27%
|
(13)
N/A
|
(57)
-326%
|
(38)
+33%
|
(52)
-38%
|
(70)
-34%
|
(66)
+7%
|
|
| Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Issuance of Common Stock |
0
|
0
|
0
|
58
|
61
|
61
|
61
|
2
|
(1)
|
(1)
|
150
|
150
|
150
|
149
|
(1)
|
(2)
|
(36)
|
(37)
|
(37)
|
(30)
|
(40)
|
(38)
|
(38)
|
(43)
|
(3)
|
(7)
|
(7)
|
(9)
|
(19)
|
(15)
|
(26)
|
(32)
|
(34)
|
(31)
|
(24)
|
(60)
|
(63)
|
(68)
|
(68)
|
(25)
|
(26)
|
(24)
|
(30)
|
(32)
|
(12)
|
(12)
|
(12)
|
(14)
|
(40)
|
(52)
|
(44)
|
(42)
|
(32)
|
(20)
|
(18)
|
(17)
|
(9)
|
(10)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
|
| Net Issuance of Debt |
(65)
|
18
|
50
|
147
|
22
|
319
|
(33)
|
(34)
|
158
|
(43)
|
1 138
|
923
|
295
|
168
|
(729)
|
(597)
|
67
|
352
|
538
|
819
|
993
|
364
|
443
|
1 431
|
(826)
|
1 207
|
82
|
(681)
|
764
|
(710)
|
1 863
|
(1 054)
|
(605)
|
(380)
|
(1 079)
|
426
|
734
|
264
|
(764)
|
(258)
|
(32)
|
547
|
2 063
|
1 611
|
(194)
|
(113)
|
(553)
|
(367)
|
7
|
(436)
|
(48)
|
(1 435)
|
179
|
291
|
(1 666)
|
144
|
(517)
|
(540)
|
233
|
0
|
349
|
424
|
1 216
|
|
| Cash Paid for Dividends |
(3)
|
0
|
(7)
|
(10)
|
(7)
|
0
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(16)
|
(24)
|
(31)
|
(33)
|
(34)
|
(36)
|
(37)
|
(39)
|
(41)
|
(43)
|
(45)
|
(50)
|
(55)
|
(60)
|
(65)
|
(69)
|
(73)
|
(76)
|
(80)
|
(81)
|
(82)
|
(84)
|
(85)
|
(86)
|
(87)
|
(88)
|
(89)
|
(90)
|
(90)
|
(91)
|
|
| Other |
(1)
|
(8)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(2)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(10)
|
(10)
|
(10)
|
(13)
|
(14)
|
(14)
|
(14)
|
(11)
|
(6)
|
(12)
|
(17)
|
(16)
|
(15)
|
(9)
|
(5)
|
(13)
|
(30)
|
(32)
|
(35)
|
(27)
|
(39)
|
(39)
|
(37)
|
(35)
|
(20)
|
(33)
|
(41)
|
(54)
|
(56)
|
(50)
|
(41)
|
|
| Cash from Financing Activities |
(69)
N/A
|
10
N/A
|
41
+322%
|
195
+376%
|
75
-61%
|
370
+390%
|
24
-94%
|
(34)
N/A
|
155
N/A
|
(45)
N/A
|
1 286
N/A
|
1 073
-17%
|
445
-59%
|
317
-29%
|
(729)
N/A
|
(601)
+18%
|
29
N/A
|
312
+977%
|
499
+60%
|
788
+58%
|
950
+21%
|
324
-66%
|
403
+24%
|
1 386
+244%
|
(831)
N/A
|
1 196
N/A
|
70
-94%
|
(694)
N/A
|
742
N/A
|
(728)
N/A
|
1 834
N/A
|
(1 090)
N/A
|
(656)
+40%
|
(436)
+34%
|
(1 136)
-161%
|
322
N/A
|
625
+94%
|
148
-76%
|
(881)
N/A
|
(332)
+62%
|
(103)
+69%
|
471
N/A
|
1 974
+319%
|
1 518
-23%
|
(270)
N/A
|
(189)
+30%
|
(629)
-232%
|
(458)
+27%
|
(131)
+71%
|
(592)
-352%
|
(202)
+66%
|
(1 584)
-683%
|
27
N/A
|
150
+460%
|
(1 805)
N/A
|
7
N/A
|
(631)
N/A
|
(670)
-6%
|
92
N/A
|
(155)
N/A
|
191
N/A
|
272
+42%
|
1 074
+294%
|
|
| Change in Cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash |
3
N/A
|
(3)
N/A
|
9
N/A
|
23
+146%
|
33
+45%
|
23
-30%
|
66
+182%
|
21
-69%
|
(3)
N/A
|
8
N/A
|
(4)
N/A
|
11
N/A
|
25
+121%
|
20
-18%
|
(22)
N/A
|
106
N/A
|
(2)
N/A
|
0
N/A
|
24
N/A
|
(57)
N/A
|
2
N/A
|
2
-27%
|
(25)
N/A
|
20
N/A
|
29
+46%
|
(11)
N/A
|
20
N/A
|
(1)
N/A
|
(29)
-3 089%
|
23
N/A
|
36
+57%
|
75
+107%
|
140
+86%
|
10
-93%
|
26
+152%
|
(166)
N/A
|
(151)
+9%
|
(76)
+50%
|
(141)
-86%
|
16
N/A
|
111
+580%
|
198
+79%
|
249
+25%
|
221
-11%
|
87
-61%
|
98
+12%
|
76
-22%
|
35
-54%
|
(108)
N/A
|
(194)
-80%
|
(200)
-3%
|
(135)
+32%
|
11
N/A
|
88
+723%
|
96
+9%
|
133
+39%
|
46
-66%
|
(2)
N/A
|
(34)
-1 323%
|
(64)
-87%
|
(51)
+19%
|
11
N/A
|
71
+532%
|
|
| Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Free Cash Flow |
73
N/A
|
(13)
N/A
|
(32)
-147%
|
(172)
-444%
|
(42)
+76%
|
(346)
-723%
|
42
N/A
|
54
+28%
|
(151)
N/A
|
69
N/A
|
(1 065)
N/A
|
(844)
+21%
|
(210)
+75%
|
(58)
+72%
|
810
N/A
|
832
+3%
|
147
-82%
|
(165)
N/A
|
(387)
-134%
|
(732)
-89%
|
(878)
-20%
|
(163)
+81%
|
(251)
-54%
|
(1 340)
-433%
|
837
N/A
|
(1 232)
N/A
|
(84)
+93%
|
757
N/A
|
(556)
N/A
|
854
N/A
|
(1 840)
N/A
|
1 062
N/A
|
596
-44%
|
389
-35%
|
1 296
+233%
|
59
-95%
|
(254)
N/A
|
152
N/A
|
1 062
+598%
|
423
-60%
|
266
-37%
|
(239)
N/A
|
(1 779)
-646%
|
(1 414)
+20%
|
193
N/A
|
165
-14%
|
682
+313%
|
861
+26%
|
508
-41%
|
948
+87%
|
578
-39%
|
1 561
+170%
|
51
-97%
|
(172)
N/A
|
1 701
N/A
|
(17)
N/A
|
568
N/A
|
667
+18%
|
(81)
N/A
|
116
N/A
|
(204)
N/A
|
(203)
+0%
|
(949)
-368%
|
|