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WLDNWilldan Group, Inc.
$76.89$1.2B
Overview & Verdict
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WLDN logoWilldan Group, Inc.(WLDN)Earnings, Financials & Key Ratios

WLDN•NASDAQ
$76.89
22.0× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryEngineering and environmental consulting
AboutWilldan Group, Inc., together with its subsidiaries, provides professional, technical and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services, as well as software and data analytics. The Engineering and Consulting segment provides building and safety, city engineering and code enforcement, development plan review and inspection, disaster recovery, geotechnical and earthquake engineering, planning and surveying, contract staff support, program and construction management, structural engineering, transportation and traffic engineering, and water resources services. This segment also offers district administration, financial consulting, and federal compliance services; and communications and technology services. It serves public and governmental agencies, including cities, counties, redevelopment agencies, water districts, school districts, and universities; investor and municipal owned energy utilities; state and federal agencies; and commercial and industrial firms, as well as various other special districts and agencies. The company was founded in 1964 and is headquartered in Anaheim, California.Show more
  • Revenue$682M+20.5%
  • EBITDA$63M+36.3%
  • Net Income$53M+132.9%
  • EPS (Diluted)3.49+120.9%
  • Gross Margin37.51%+4.7%
  • EBITDA Margin9.22%+13.2%
  • Operating Margin6.48%+16.9%
  • Net Margin7.71%+93.3%
  • ROE19.49%+87.5%

WLDN Price & Volume

Willdan Group, Inc. (WLDN) stock price & volume — 10-year historical chart

Loading chart...

Volatile Cash Cycles Offset Improving Equity Base

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Operating margin compression risks

Key Thesis Takeaways

  • Willdan Group demonstrates a strengthening equity position, with retained earnings growing from $14.6 million in 2023Q4 to $98.2 million by 2026Q1, yet the firm struggles to translate top-line expansion into consistent operating margins, which have averaged only 6.48% over the last ten quarters.
  • While the company has successfully reduced its debt-to-equity ratio from 0.57 to 0.22, investors should remain cautious regarding the heavy reliance on goodwill, which now accounts for $179.5 million of the total $511.7 million asset base.
  • Future performance hinges on the firm's ability to stabilize working capital cycles and improve cash conversion, which currently exhibits extreme volatility as evidenced by the OCF/NI ratio swinging from 9.16 to -2.86.

Verdict Logic

while the company has improved its balance sheet health by lowering the debt-to-equity ratio to 0.22, the lack of consistent cash conversion and compressed operating margins of 6.48% suggest significant execution risks remain.

WLDN Growth Metrics

Willdan Group, Inc. (WLDN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years17.57%
5 Years11.76%
3 Years16.67%
TTM14.87%

Profit CAGR

10 Years28.57%
5 Years-
3 Years-
TTM131.96%

EPS CAGR

10 Years20.97%
5 Years-
3 Years-
TTM119.53%

Return on Capital

10 Years7.37%
5 Years4.88%
3 Years10%
Last Year12.44%

WLDN Recent Earnings

Willdan Group, Inc. (WLDN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.91+12.3%
$0.81
Rev
$92M+0.3%
$92M
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$1.57+98.7%
$0.79
Rev
$90M+0.2%
$89M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$1.21+49.4%
$0.81
Rev
$182M+4.3%
$175M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$1.50+108.3%
$0.72
Rev
$173M+7.1%
$162M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.91vs $0.81+12.3%
$92Mvs $92M+0.3%
Q1 2026Feb 26, 2026
$1.57vs $0.79+98.7%
$90Mvs $89M+0.2%
Q4 2025Nov 6, 2025
$1.21vs $0.81+49.4%
$182Mvs $175M+4.3%
Q3 2025Aug 7, 2025
$1.50vs $0.72+108.3%
$173Mvs $162M+7.1%
Based on last 12 quarters of dataView full earnings history →

Latest WLDN News

Recent stock market news and headlines for Willdan Group, Inc. (WLDN)

Business Wire·1 day ago
Willdan Announces Date of Second Quarter 2026 Earnings Release and Conference Call

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN), today announced that it will release its financial results for the second quarter 2026 after the close of the stock market on Thursday, August 6, 2026. Following the release, Willdan will host its investor conference call at 5:30 p.m. EST / 2:30 p.m. PST. An online, real-time audio webcast of the quarterly investor conference call will be available on Willdan's website at: Willdan Group Q2 2026 Investor Conference.

Seeking Alpha·4 days ago
Willdan Group: Growth Still Supports The Valuation

Willdan Group is capitalizing on grid investment, energy efficiency, and data-center power demand, driving robust growth and margin expansion. WLDN's margin reset, with a high-20s adjusted EBITDA margin target, is supported by a shift toward higher-margin commercial and data center projects. Recent acquisitions—Burton Energy and APG—add recurring revenue, national scale, and exposure to AI-driven data center infrastructure demand.

Zacks Investment Research·5 days ago
3 Business Services Stocks to Consider From a Prospering Industry

The Zacks Business Services industry is poised to prosper on rising demand and growing technology adoption. ULS, WLDN and ZIP appear well-positioned to ride on the demand strength.

Peers Comparison

Key metrics vs top competitors for Willdan Group, Inc. (WLDN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
WLDN logoWLDNWilldan Group, Inc.Current
$76.89$1.16B22.0320.46%7.71%19.49%—
TTEK logoTTEKTetra Tech, Inc.
$30.93$8.07B33.264.69%8.96%24.36%—
PRIM logoPRIMPrimoris Services Corporation
$86.97$4.72B17.3218.97%3.31%15.21%—
MYRG logoMYRGMYR Group Inc.
$419.08$6.53B55.658.79%3.71%22.14%—
ABM logoABMABM Industries Incorporated
$45.17$2.65B17.444.62%1.75%8.94%—
AMRC logoAMRCAmeresco, Inc.
$25.49$1.35B30.719.16%1.59%2.86%—

Compare WLDN vs Peers

Willdan Group, Inc. (WLDN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TTEK

Most directly comparable listed peer for WLDN.

Scale Benchmark

vs FIX

Larger-name benchmark to compare WLDN against a more recognizable public peer.

Peer Set

Compare Top 5

vs TTEK, PRIM, MYRG, ABM

WLDN SEC Filings & Documents

Willdan Group, Inc. (WLDN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Nov 6, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Mar 7, 2025·SEC

FY 2024

Mar 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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WLDN Frequently Asked Questions

Willdan Group, Inc. (WLDN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Willdan Group, Inc.'s revenue?

Willdan Group, Inc. (WLDN) reported $684.3M in revenue for fiscal year 2025.

How fast is Willdan Group, Inc. growing?

Willdan Group, Inc. (WLDN) grew revenue by 20.5% over the past year. This is strong growth.

Is WLDN profitable?

Yes, Willdan Group, Inc. (WLDN) is profitable, generating $56.4M in net income for fiscal year 2025 (7.7% net margin).

Dividend & Returns
What is WLDN's return on equity?

Willdan Group, Inc. (WLDN) has a return on equity (ROE) of 19.5%. This is reasonable for most industries.

What is Willdan Group, Inc.'s free cash flow?

Willdan Group, Inc. (WLDN) generated $43.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in WLDN back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →