Saturday 17 October 2026 Export WLDN’s income statement to Excel — free account

Willdan Group, Inc.

WLDN Industrials Engineering & Construction

Willdan Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $681.6 million, up 20.5% from fiscal 2024. In the quarter to June 2026, revenue grew 33.2%, EPS grew 51.4%, free cash flow grew 82.0% and total debt rose 12.2%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.

72.28 0.67 +0.94%

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Market cap: $1.1B
P/E: 16.4×
Fwd P/E: 25.9×
Dividend yield: —
F-score: 7/9
Altman Z: 5.71
Beneish M: −2.60
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 12.48

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	2	—	—	—	3	—

Insider Ownership 2.41%

Capital & Financial Ratios $m

Market Cap 1,090.00

Revenue 741.84

Net Income 65.31

Free Cash Flow 62.40

Net Debt 26.46

Current Ratio 1.37

Debt/Equity 0.19

P/E ratio 16.35

Fwd P/E 25.90

P/S ratio 1.47

P/B ratio 3.10

Past 5Y EPS Growth —

This Y EPS Growth 3.95%

Next Y EPS Growth 8.52%

Next Y revenue growth 21.31%

Next 5Y EPS Growth 22.34%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 5.33%

10-year low 10-year high

P/S against its own 10 years 87.28%

10-year low 10-year high

P/B against its own 10 years 66.94%

10-year low 10-year high

EV/Sales against its own 10 years 81.83%

10-year low 10-year high

EV/FCF against its own 10 years 48.78%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	23	74	66	39
Receivables	71	68	71	86
Inventory	—	—	—	—
Other	94	89	107	134
	192	236	252	270

	2023	2024	2025	Q'26
Payables	33	34	46	63
ST’ Debt	—	—	—	—
Other	13	24	25	46
	115	138	162	197

Compound Annual Growth %

	10y	5y	3y
Sales	17.57%	11.76%	16.67%
Cash Flow	25.75%	11.24%	104.00%
Earnings	28.57%	0.00%	0.00%
Book Value	23.27%	12.50%	18.87%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	155	231	—	—	—
’25	152	173	182	174	682
’24	122	141	158	144	566
’23	103	119	133	156	510
’22	92	103	121	113	429
’21	79	84	98	92	354
’20	106	84	105	97	391

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(24)	44	—	—	—
’25	3	25	12	39	80
’24	27	1	11	33	72
’23	17	2	5	15	39
’22	(8)	4	8	5	9
’21	6	(6)	(1)	12	10
’20	16	13	(2)	20	47

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(26)	42	—	—	—
’25	1	23	10	37	71
’24	25	(1)	9	31	64
’23	14	(1)	3	13	29
’22	(10)	2	5	2	0
’21	4	(8)	(3)	8	1
’20	14	12	(3)	19	42

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.55	1.58	—	—	—
’25	0.32	1.03	0.90	1.23	3.49
’24	0.21	0.33	0.51	0.53	1.58
’23	0.07	0.03	0.11	0.58	0.80
’22	(0.30)	(0.33)	0.01	(0.03)	(0.65)
’21	(0.31)	(0.37)	0.06	(0.07)	(0.68)
’20	(0.71)	(0.43)	0.21	(0.33)	(1.23)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	7.10	21.36	19.25	26.39	17.92	30.01	10.98	13.86	17.23	30.43	Analyst estimates 2026–2028 Powerpack
	High	26.49	36.87	39.00	40.70	45.56	54.99	35.58	25.38	50.00	121.00
People
People	Employees	831	882	1,202	1,451	1,353	1,560	1,491	1,616	1,761	1,814
	Revenue/emp, $m	0.25	0.31	0.23	0.31	0.29	0.23	0.29	0.32	0.32	0.38
Income, $m
Income, $m	Revenue	209	273	272	443	391	354	429	510	566	682
	Gross margin, %	31.44	28.06	34.15	30.46	33.09	38.41	33.46	35.24	35.84	37.51
	EBT	11	14	12	5	(20)	(12)	(11)	15	27	40
	EBT margin, %	5.44	5.01	4.47	1.05	(5.03)	(3.51)	(2.67)	2.86	4.72	5.87
	Net income	8	12	10	5	(14)	(8)	(8)	11	23	53
	Depreciation	3	5	5	15	26	19	21	16	15	22
Per share, $
Per share, $	Revenue	25.42	32.00	29.39	39.70	33.15	28.40	32.98	38.08	40.95	47.13
	Earnings	1.01	1.42	1.08	0.43	(1.23)	(0.68)	(0.65)	0.82	1.63	3.63
	Cash flow	2.63	1.30	0.82	1.04	3.99	0.79	0.72	2.93	5.22	5.54
	Capex	(0.20)	(0.25)	(0.22)	(0.59)	(0.43)	(0.68)	(0.73)	(0.74)	(0.61)	(0.65)
	Free cash flow	2.43	1.04	0.60	0.45	3.56	0.11	(0.01)	2.19	4.61	4.89
	Book value	6.07	8.27	15.58	14.99	14.34	14.39	13.95	14.92	16.96	21.08
	Shares, m	8	9	9	11	12	12	13	13	14	14
Valuation, ×
Valuation, ×	P/E	22.79	16.55	31.51	73.91	0.00	0.00	0.00	26.35	23.37	28.64
	P/S	0.91	0.73	1.19	0.80	1.26	1.24	0.54	0.56	0.93	2.20
	P/B	3.79	2.82	2.25	2.12	2.91	2.45	1.28	1.43	2.25	4.92
	EV/Sales	0.81	0.69	1.36	1.05	1.44	1.45	0.71	0.69	0.94	2.17
	EV/FCF	8.46	21.09	67.23	92.68	13.39	380.46	(3,242.68)	12.01	8.37	20.92
Cash, $m
Cash, $m	Operating cash flow	22	11	8	12	47	10	9	39	72	80
	Capex	(2)	(2)	(2)	(7)	(5)	(8)	(10)	(10)	(8)	(9)
	Free cash flow	20	9	6	5	42	1	0	29	64	71
Balance, $m
Balance, $m	Working capital	24	27	45	43	39	32	47	77	98	90
	Total debt	2	3	62	117	98	86	92	90	81	47
	Net debt	(20)	(12)	47	111	70	75	73	67	7	(19)
	Shareholders’ equity	50	71	144	167	169	179	182	200	234	305
Returns, %
Returns, %	ROA	9.19	9.84	4.57	1.31	(3.44)	(2.11)	(2.10)	2.65	5.13	10.42
	ROIC	24.43	14.54	4.17	2.10	(4.24)	(2.14)	(1.74)	5.17	8.13	9.65
	ROE	18.96	20.12	9.33	3.11	(8.62)	(4.83)	(4.68)	5.73	10.40	19.49

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EXPO Exponent, Inc.	$3.4B	32.2×	26.3×	+20.89% (above 0%: growing)	+15.38% (above 0%: growing)	−14.24% (below 0%: shrinking)	86.74%	16.33%	Compare
CDLR Cadeler A/S Sponsored ADR	$2.1B	— (loss-making)	—	+122.12% (above 0%: growing)	n/m	+99.04% (above 0%: growing)	21.46%	6.24%	Compare
WLDN Willdan Group, Inc.	$1.1B	16.4×	25.9×	+33.18% (above 0%: growing)	+51.40% (above 0%: growing)	+82.02% (above 0%: growing)	37.85%	8.54%
AMRC Ameresco, Inc.	$1.1B	36.8×	27.6×	+9.14% (above 0%: growing)	−25.00% (below 0%: shrinking)	−81.22% (below 0%: shrinking)	17.71%	8.57%	Compare
CDNL Cardinal Infrastructure Group Inc.	$755.8M	—	—	—	—	−728.05% (below 0%: shrinking)	15.88%	6.82%	Compare
BWMN Bowman Consulting Group Ltd.	$741.7M	102×	37.7×	+19.69% (above 0%: growing)	−57.14% (below 0%: shrinking)	−457.88% (below 0%: shrinking)	53.20%	5.57%	Compare
BBCP CONCRETE PUMPING HOLDINGS, INC.	$459.6M	53.4×	61.4×	+12.63% (above 0%: growing)	+28.57% (above 0%: growing)	−28.85% (below 0%: shrinking)	38.74%	12.92%	Compare
ORN Orion Group Holdings, Inc.	$355.1M	89.8×	41.8×	+8.08% (above 0%: growing)	n/m	−140.87% (below 0%: shrinking)	10.33%	(0.59%)	Compare
PHOE Phoenix Asia Holdings Limited	$351.2M	—	—	—	—	−1,148.32% (below 0%: shrinking)	—	—	Compare
Median of peers	$748.7M	53.4×	37.7×	+16.16%	−4.81%	−111.05%	21.46%	6.82%

All 51 Engineering & Construction stocks →

Willdan Group, Inc. (WLDN) key facts

Strength: Willdan Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $681.6 million, up 20.5% from fiscal 2024.
Willdan Group, Inc. (WLDN) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, WLDN traded at $72.28, a market capitalization of $1.1 billion.
Return on equity was 19.5% and debt-to-equity 0.19.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.71 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.