15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.6% per year over the past 5 years.
Net income has grown faster than revenue (5.4% vs 4.6% per year).
Free cash flow has grown 9.1% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 37.4% of earnings and 40.6% of free cash flow.
The dividend has grown 4.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$30M
$226M
0.0%
0.0%
$208M
—
$657M
2024
$28M
$200M
0.0%
0.0%
$415M
—
$2.4B
2023
$26M
$257M
0.0%
0.0%
$199M
—
$981M
2022
$26M
$236M
0.0%
0.0%
$257M
—
$684M
2021
$25M
$184M
0.0%
0.0%
$285M
—
$2.1B
2020
$24M
$173M
0.0%
0.0%
$135M
—
$1.7B
2019
$25M
$210M
0.0%
0.0%
$199M
—
$419M
2018
$26M
$204M
0.0%
0.0%
$164M
—
$269M
2017
—
$174M
—
—
$164M
—
$313M
2016
—
$164M
—
—
$180M
—
$450M
2015
—
$160M
—
—
$96M
—
$284M
2014
—
$157M
—
—
$122M
—
$782M
2013
—
$152M
—
—
$152M
—
$204M
2012
—
$138M
—
—
$143M
—
$751M
2011
—
$111M
—
—
$251M
—
$816M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$8M
$66M
0.0%
0.0%
$68M
—
$670M
Dec '25
$8M
$64M
0.0%
0.0%
$50M
—
$735M
Sep '25
$8M
$61M
0.0%
0.0%
$46M
—
$657M
Jun '25
$8M
$62M
0.0%
0.0%
$53M
—
$809M
Mar '25
$7M
$56M
0.0%
0.0%
$67M
—
$1.2B
Dec '24
$7M
$47M
0.0%
0.0%
$43M
—
$1.5B
Sep '24
$7M
$61M
0.0%
0.0%
$89M
—
$2.4B
Jun '24
$7M
$65M
0.0%
0.0%
$58M
—
$2.5B
Mar '24
$7M
$16M
0.0%
0.0%
$165M
—
$1.5B
Dec '23
$7M
$58M
0.0%
0.0%
$102M
—
$1.1B
Sep '23
$7M
$50M
0.0%
0.0%
$79M
—
$981M
Jun '23
$7M
$62M
0.0%
0.0%
$14M
—
$1.1B
Mar '23
$6M
$66M
0.0%
0.0%
$42M
—
$1.1B
Dec '22
$6M
$80M
0.0%
0.0%
$64M
—
$646M
Sep '22
$7M
$73M
0.0%
0.0%
—
—
$684M
Jun '22
$7M
$63M
0.0%
0.0%
—
—
$607M
Mar '22
$6M
$49M
0.0%
0.0%
—
—
$1.9B
Dec '21
$6M
$50M
0.0%
0.0%
—
—
$1.9B
Sep '21
$6M
$52M
0.0%
0.0%
—
—
$2.1B
Jun '21
$6M
$47M
0.0%
0.0%
—
—
$2.3B
Valuation over time
How the market has priced WAFD against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 9.4× (Mar '23) to 12.4× (Jun '26).
The price-to-sales ratio has risen from 85.7× (Mar '23) to 94.7× (Jun '26).
The dividend yield has risen from 2.8% (Mar '23) to 3.0% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is WAFD growing its revenue and profit?
Over the past 5 years, Wafd Inc's revenue has grown 4.6% per year, and net income grown 5.4% per year. These are computed facts, not advice.
How much debt does WAFD have?
As of FY2025, Wafd Inc reported — of total debt against $657M of cash.
What is WAFD's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 762.5%.
What is WAFD's P/E ratio?
As of Jun '26, Wafd Inc traded at a price-to-earnings ratio of about 12.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.