UWM Holdings Corporation (UWMC) vs Walker & Dunlop, Inc. (WD)

UWM Holdings Corporation and Walker & Dunlop, Inc. are both Mortgage Finance companies. UWM Holdings Corporation is the larger, with a market value of $2.6B against $1.4B — 1.9× the size. UWM Holdings Corporation grew revenue faster over the last twelve months: 3.22% against 0.87%. UWM Holdings Corporation has the higher net margin (−1.66% vs −2.68%) and the higher return on invested capital (1.91% vs −0.85%). Both pay a dividend; UWM Holdings Corporation yields more (19.7% vs 7.01%). Across the 19 metrics below, UWM Holdings Corporation leads on 11 and Walker & Dunlop, Inc. on 8.

Valuation

Metric UWMC WD Mortgage Finance median
P/E n/m n/m 10.24
P/S 0.23 1.03 1.52
P/B 0.52 0.77 0.52
Price to free cash flow n/m 0.84 4.71
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (5.26%) (2.50%) (2.50%)
Free cash flow yield (641.10%) 118.72% (9.21%)

Profitability

Metric UWMC WD Mortgage Finance median
Gross margin 81.01% 46.45% 81.25%
Operating margin 20.72% 1.91% 1.91%
Net margin (1.66%) (2.68%) (1.66%)
Free cash flow margin (147.01%) 123.39% (15.01%)
Return on equity (2.72%) (1.94%) (1.94%)
Return on assets (0.23%) (0.66%) (0.23%)
Return on invested capital 1.91% (0.85%) 0.00%

Growth

Metric UWMC WD Mortgage Finance median
Revenue growth (TTM) 3.22% 0.87% 7.49%
EPS growth (last fiscal year) (7.69%) (48.59%) 20.88%
Revenue growth, 5-year CAGR (13.42%) 2.64% (11.12%)
Net income growth, 5-year CAGR (61.84%) (25.48%) 0.00%

Health

Metric UWMC WD Mortgage Finance median
Debt to equity 14.86 0.94 0.94
Current ratio 1.64 0.00 1.07
Net debt to EBITDA 15.25 4.45 15.25

Dividend

Metric UWMC WD Mortgage Finance median
Dividend yield 19.74% 7.01% 7.01%
Payout ratio — 2.42 —

Size

Metric UWMC WD Mortgage Finance median
Market cap 2.62b 1.37b 269.18m

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