NASDAQ : WLDN
Willdan Group, Inc. — Financial statements
Industrials · Engineering & Construction · United States
Last price 77.27 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.18B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Willdan Group, Inc. (WLDN) reported revenue of 741.84M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 741.84M | 681.55M | 565.80M | 510.10M | 429.14M | 353.75M |
| Cost of Revenue | 461.53M | 425.87M | 363.02M | 330.33M | 285.56M | 217.88M |
| Gross Profit | 280.31M | 255.68M | 202.78M | 179.77M | 143.58M | 135.87M |
| Selling, General & Admin | 206.63M | 192.85M | 156.68M | 141.26M | 133.15M | 127.42M |
| Operating Expenses | 227.78M | 211.53M | 171.43M | 157.69M | 150.64M | 144.56M |
| Operating Income | 52.52M | 44.15M | 31.35M | 22.07M | -7.06M | -8.69M |
| Interest Expense | -3.68M | -5.75M | -7.80M | -9.41M | -5.33M | -3.87M |
| Other Non Operating Income (Expenses) | 2.32M | 1.59M | 3.13M | 1.93M | 939.00K | 156.00K |
| EBT Excluding Unusual Items | 51.16M | 39.99M | 26.68M | 14.59M | -11.45M | -12.40M |
| Merger & Restructuring Charges | -200.00K | |||||
| Pretax Income | 50.96M | 39.99M | 26.68M | 14.59M | -11.45M | -12.40M |
| Income Tax Expense | -14.35M | -12.56M | 4.11M | 3.67M | -3.00M | -3.99M |
| Net Income | 65.31M | 52.56M | 22.57M | 10.93M | -8.45M | -8.42M |
| Net Income to Common | 65.31M | 52.56M | 22.57M | 10.93M | -8.45M | -8.42M |
| Shares Outstanding (Basic) | 14.76M | 14.46M | 13.82M | 13.39M | 13.01M | 12.46M |
| Shares Outstanding (Diluted) | 15.38M | 15.07M | 14.24M | 13.61M | 13.01M | 12.46M |
| EPS (Basic) | 4.43 | 3.63 | 1.63 | 0.82 | -0.65 | -0.68 |
| EPS (Diluted) | 4.25 | 3.49 | 1.58 | 0.80 | -0.65 | -0.68 |
| Free Cash Flow | 62.33M | 70.70M | 63.66M | 29.29M | -169.00K | 1.30M |
| Free Cash Flow Per Share | 4.05 | 4.69 | 4.47 | 2.15 | -0.01 | 0.10 |
| Gross Margin | 37.79% | 37.52% | 35.84% | 35.24% | 33.46% | 38.41% |
| Operating Margin | 7.08% | 6.48% | 5.54% | 4.33% | -1.65% | -2.46% |
| Profit Margin | 8.80% | 7.71% | 3.99% | 2.14% | -1.97% | -2.38% |
| Free Cash Flow Margin | 8.40% | 10.37% | 11.25% | 5.74% | -0.04% | 0.37% |
| EBITDA | 73.68M | 62.83M | 46.10M | 38.51M | 10.43M | 8.46M |
| EBITDA Margin | 9.93% | 9.22% | 8.15% | 7.55% | 2.43% | 2.39% |
| D&A For EBITDA | 21.16M | 18.69M | 14.74M | 16.43M | 17.49M | 17.15M |
| EBIT | 52.52M | 44.15M | 31.35M | 22.07M | -7.06M | -8.69M |
| EBIT Margin | 7.08% | 6.48% | 5.54% | 4.33% | -1.65% | -2.46% |
| Effective Tax Rate | 15.40% | 25.12% |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 34.87M | 65.92M | 74.16M | 23.40M | 8.81M | 11.22M |
| Trading Asset Securities | 46.00K | |||||
| Cash & Short-Term Investments | 34.87M | 65.92M | 74.16M | 23.44M | 8.81M | 11.22M |
| Accounts Receivable | 218.68M | 171.90M | 154.09M | 163.56M | 143.26M | 126.50M |
| Other Receivables | 1.67M | 6.33M | 2.30M | 1.17M | 4.77M | 6.27M |
| Receivables | 220.35M | 178.23M | 156.39M | 164.73M | 148.03M | 132.77M |
| Prepaid Expenses | 10.30M | 7.53M | 4.98M | 3.84M | 6.45M | 4.97M |
| Restricted Cash | 4.35M | 10.68M | ||||
| Total Current Assets | 269.87M | 251.68M | 235.52M | 192.02M | 173.97M | 148.96M |
| Property, Plant & Equipment | 47.77M | 48.09M | 43.57M | 39.56M | 34.93M | 31.93M |
| Goodwill | 212.17M | 179.53M | 140.99M | 131.14M | 130.12M | 130.12M |
| Other Intangible Assets | 68.93M | 35.52M | 29.41M | 31.96M | 41.49M | 52.71M |
| Long-Term Accounts Receivable | 1.89M | 2.76M | 2.85M | 2.33M | 12.63M | |
| Long-Term Deferred Tax Assets | 34.25M | 26.63M | 13.35M | 15.96M | 18.54M | 16.85M |
| Other Long-Term Assets | 2.02M | 2.10M | 8.29M | 1.21M | ||
| Total Assets | 634.88M | 544.21M | 464.86M | 415.59M | 409.67M | 394.42M |
| Accounts Payable | 62.92M | 45.63M | 33.77M | 33.19M | 28.83M | 36.67M |
| Accrued Expenses | 73.26M | 76.44M | 59.11M | 51.01M | 56.54M | 33.02M |
| Current Portion of Long-Term Debt | 2.50M | 2.50M | 10.14M | 8.45M | 16.90M | 15.04M |
| Current Portion of Leases | 6.03M | 5.89M | 6.94M | 5.72M | 5.74M | 6.11M |
| Current Unearned Revenue | 30.27M | 21.57M | 21.56M | 13.18M | 12.59M | 13.50M |
| Other Current Liabilities | 21.68M | 9.73M | 6.16M | 3.12M | 6.57M | 12.87M |
| Total Current Liabilities | 196.66M | 161.75M | 137.68M | 114.68M | 127.17M | 117.21M |
| Long-Term Debt | 64.75M | 45.96M | 79.55M | 89.87M | 90.54M | 85.54M |
| Long-Term Leases | 15.92M | 14.92M | 11.32M | 10.94M | 10.20M | 11.55M |
| Other Long-Term Liabilities | 7.08M | 16.72M | 1.98M | 255.00K | 259.00K | 910.00K |
| Total Liabilities | 284.41M | 239.36M | 230.52M | 215.74M | 228.17M | 215.20M |
| Common Stock | 152.00K | 148.00K | 142.00K | 137.00K | 133.00K | 128.00K |
| Additional Paid-In Capital | 227.81M | 215.27M | 197.37M | 185.79M | 177.72M | 167.03M |
| Retained Earnings | 122.58M | 89.70M | 37.15M | 14.58M | 3.65M | 12.10M |
| Comprehensive Income & Other | -71.00K | -270.00K | -314.00K | -664.00K | -38.00K | |
| Shareholders' Equity | 350.46M | 304.85M | 234.34M | 199.84M | 181.50M | 179.22M |
| Total Liabilities & Equity | 634.88M | 544.21M | 464.86M | 415.59M | 409.67M | 394.42M |
| Total Debt | 89.19M | 69.28M | 107.95M | 114.98M | 123.39M | 118.23M |
| Net Cash (Debt) | -54.32M | -3.36M | -33.79M | -91.54M | -114.58M | -107.01M |
| Net Cash Per Share | -3.53 | -0.22 | -2.37 | -6.73 | -8.80 | -8.59 |
| Filing Date Shares Outstanding | 15.23M | 14.80M | 14.41M | 13.77M | 13.39M | 12.86M |
| Total Common Shares Outstanding | 15.20M | 14.76M | 14.17M | 13.68M | 13.30M | 12.80M |
| Working Capital | 73.20M | 89.92M | 97.85M | 77.34M | 46.80M | 31.75M |
| Book Value Per Share | 23.06 | 20.65 | 16.54 | 14.61 | 13.65 | 14.00 |
| Tangible Book Value | 69.36M | 89.80M | 63.94M | 36.74M | 9.89M | -3.62M |
| Tangible Book Value Per Share | 4.56 | 6.08 | 4.51 | 2.69 | 0.74 | -0.28 |
| Machinery | 72.08M | 68.90M | 60.11M | 52.35M | 42.83M | 33.59M |
| Leasehold Improvements | 4.59M | 4.34M | 3.80M | 3.38M | 3.10M | 3.01M |
| Order Backlog | 1.00B |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 65.31M | 52.56M | 22.57M | 10.93M | -8.45M | -8.42M |
| Depreciation & Amortization | 21.16M | 18.69M | 14.74M | 16.43M | 17.49M | 17.15M |
| Loss (Gain) From Sale of Assets | -49.00K | -29.00K | -15.00K | -63.00K | -64.00K | -24.00K |
| Stock-Based Compensation | 14.72M | 11.82M | 7.39M | 5.32M | 8.37M | 16.56M |
| Provision & Write-off of Bad Debts | -17.00K | 237.00K | 740.00K | 825.00K | 243.00K | 102.00K |
| Other Operating Activities | -13.14M | -9.55M | 2.69M | 4.03M | 1.47M | -405.00K |
| Change in Accounts Receivable | -48.65M | -10.55M | 11.09M | -21.12M | -17.01M | -11.07M |
| Change in Accounts Payable | 10.32M | 7.74M | -831.00K | 4.36M | -7.84M | -4.70M |
| Change in Unearned Revenue | 4.00K | -4.22M | 8.37M | 598.00K | -914.00K | 6.07M |
| Change in Other Net Operating Assets | 21.21M | 13.39M | 5.31M | 17.91M | 16.12M | -5.46M |
| Operating Cash Flow | 70.88M | 80.08M | 72.07M | 39.21M | 9.43M | 9.80M |
| Capital Expenditures | -8.54M | -9.39M | -8.41M | -9.93M | -9.60M | -8.50M |
| Sale of Property, Plant & Equipment | 69.00K | 46.00K | 34.00K | 68.00K | 75.00K | 46.00K |
| Cash Acquisitions | -51.62M | -36.29M | -7.36M | -1.60M | ||
| Investing Cash Flow | -60.09M | -45.63M | -15.74M | -11.46M | -9.53M | -8.45M |
| Long-Term Debt Issued | 88.41M | 105.00M | 21.72M | 2.07M | ||
| Long-Term Debt Repaid | -131.30M | -9.76M | -115.81M | -15.97M | -15.45M | |
| Net Debt Issued (Repaid) | 5.86M | -42.88M | -9.76M | -10.81M | 5.74M | -13.38M |
| Issuance of Common Stock | 6.13M | 6.01M | 5.60M | 2.96M | 3.31M | 4.58M |
| Repurchase of Common Stock | -11.44M | -5.48M | -1.41M | -205.00K | -992.00K | -3.12M |
| Other Financing Activities | -4.46M | -332.00K | -15.79M | 296.00K | -6.62M | |
| Financing Cash Flow | -3.91M | -42.69M | -5.57M | -23.84M | 8.36M | -18.53M |
| Net Cash Flow | 6.87M | -8.24M | 50.76M | 3.91M | 8.26M | -17.18M |
| Free Cash Flow | 62.33M | 70.70M | 63.66M | 29.29M | -169.00K | 1.30M |
| Free Cash Flow Margin | 8.40% | 10.37% | 11.25% | 5.74% | -0.04% | 0.37% |
| Free Cash Flow Per Share | 4.05 | 4.69 | 4.47 | 2.15 | -0.01 | 0.10 |
| Levered Free Cash Flow | 50.45M | 53.49M | 55.74M | 12.31M | -10.44M | 8.22M |
| Unlevered Free Cash Flow | 52.75M | 57.08M | 60.62M | 18.20M | -7.11M | 10.64M |
| Cash Interest Paid | 3.53M | 5.41M | 7.52M | 10.19M | 5.07M | 3.54M |
| Cash Income Tax Paid | 1.13M | 2.34M | 1.32M | -3.07M | -1.12M | -1.62M |
| Change in Working Capital | -17.11M | 6.36M | 23.95M | 1.75M | -9.63M | -15.16M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.12B | 1.57B | 542.54M | 293.41M | 237.31M | 450.27M |
| Enterprise Value | 1.18B | 1.61B | 600.74M | 396.87M | 354.18M | 566.09M |
| Last Close Price | 73.59 | 106.66 | 38.41 | 21.50 | 17.85 | 35.20 |
| PE Ratio | 17.33 | 29.93 | 24.04 | 26.85 | ||
| Forward PE | 18.06 | 26.02 | 25.61 | 59.72 | 27.74 | 95.27 |
| PS Ratio | 1.51 | 2.31 | 0.96 | 0.57 | 0.55 | 1.27 |
| PB Ratio | 3.19 | 5.16 | 2.31 | 1.47 | 1.31 | 2.51 |
| P/TBV Ratio | 16.16 | 17.52 | 8.48 | 7.99 | 23.99 | |
| P/FCF Ratio | 17.98 | 22.25 | 8.52 | 10.02 | 345.30 | |
| P/OCF Ratio | 15.82 | 19.64 | 7.53 | 7.48 | 25.16 | 45.93 |
| PEG Ratio | 10.51 | 10.51 | 10.51 | 1.39 | 4.76 | |
| EV/Sales Ratio | 1.58 | 2.36 | 1.06 | 0.78 | 0.82 | 1.60 |
| EV/EBITDA Ratio | 15.95 | 25.59 | 13.03 | 10.31 | 33.97 | 66.95 |
| EV/EBIT Ratio | 22.38 | 36.42 | 19.16 | 17.98 | ||
| EV/FCF Ratio | 18.85 | 22.75 | 9.44 | 13.55 | 434.12 | |
| Debt / Equity Ratio | 0.25 | 0.23 | 0.46 | 0.57 | 0.68 | 0.66 |
| Debt / EBITDA Ratio | 1.07 | 0.95 | 1.93 | 2.39 | 6.26 | 6.44 |
| Debt / FCF Ratio | 1.43 | 0.98 | 1.70 | 3.93 | 90.67 | |
| Net Debt / Equity Ratio | 0.15 | 0.01 | 0.14 | 0.46 | 0.63 | 0.60 |
| Net Debt / EBITDA Ratio | 0.74 | 0.05 | 0.73 | 2.38 | 10.99 | 12.66 |
| Net Debt / FCF Ratio | 0.87 | 0.05 | 0.53 | 3.12 | -677.98 | 82.06 |
| Asset Turnover | 1.32 | 1.35 | 1.28 | 1.24 | 1.07 | 0.89 |
| Quick Ratio | 1.30 | 1.51 | 1.68 | 1.64 | 1.23 | 1.23 |
| Current Ratio | 1.37 | 1.56 | 1.71 | 1.67 | 1.37 | 1.27 |
| Return on Equity (ROE) | 21.19% | 19.50% | 10.40% | 5.73% | -4.68% | -4.83% |
| Return on Assets (ROA) | 5.86% | 5.47% | 4.45% | 3.34% | -1.10% | -1.36% |
| Return on Invested Capital (ROIC) | 13.89% | 15.32% | 9.48% | 5.63% | -2.43% | -3.09% |
| Return on Capital Employed (ROCE) | 12.00% | 11.50% | 9.60% | 7.30% | -2.50% | -3.10% |
| Earnings Yield | 5.77% | 3.34% | 4.16% | 3.72% | -3.56% | -1.87% |
| FCF Yield | 5.56% | 4.49% | 11.73% | 9.98% | -0.07% | 0.29% |
| Buyback Yield / Dilution | -5.13% | -5.80% | -4.70% | -4.56% | -4.46% | -5.64% |