Willdan Group (WLDN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Willdan Group

NasdaqGM•Industrials•Engineering & Construction

$82.20+0.27(<0.01%)Pre-market

Market Cap

$1.20B

P/E

18.4x

P/S

1.6x

P/B

3.4x

Willdan Group, Inc., a technical services company, focuses on the provision of energy and infrastructure solutions in the United States and Canada. The company operates in two segments: Energy, and Engineering and Consulting. The Energy segment offers in-depth energy planning studies, economic analysis, modeling and forecasting software, decarbonization, program design and implementation, energy efficiency, turnkey energy and infrastructure projects, grid modernization, and utility-scale electrical engineering and construction management services. It serves investor-owned and municipal utilities, as well as investors and hyperscalers, and state and local governments. The Engineering and Consulting segment provides municipal and civil engineering, building and safety, code enforcement, fire plan and inspection, city engineering, construction management, design engineering, planning, and financial and municipal advisory services. It serves state and local governments, school districts, and utility districts. The company was founded in 1964 and is headquartered in Anaheim, California.

How this company scores

GoodMetricSide Score: 79/100

Strongest: Growth (22/25); weakest: Cash & Earnings Quality (17/25).

Profitability21/25

Growth22/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality17/25

Strengths

Growing revenueHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.4x5y range 18.4x – 255.9x

Currently below its 13-quarter median.

P/S · 1.6x5y range 0.4x – 2.3x

Currently above its 20-quarter median.

P/B · 3.4x5y range 1.1x – 5.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 8.0% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $1.20B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $741.84M
Q. Revenue: $231.03M
TTM EBITDA: $73.48M
TTM Op. Income: $52.32M
Q. Op. Income: $19.73M
TTM Net Income: $65.31M
Q. Net Income: $24.34M
EPS: $1.62
Shares Out.: $15.04M

$741.84M in TTM revenue grew 18.1% YoY, reaching $231.03M last quarter. TTM EBITDA of $73.48M and TTM operating income of $52.32M show growth is flowing through to the bottom line. TTM net income of $65.31M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 37.9%
EBITDA Margin: 11.6%
Op. Margin: 8.5%
Net Margin: 10.5%

Op. margin of 8.5% is up 1.7% YoY — cost efficiency is improving. Net margin at 10.5% and gross margin of 37.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 25% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 18.4x
P/S Ratio: 1.6x
P/B Ratio: 3.4x

At 18.4x P/E, the stock trades within typical market levels. P/S of 1.6x and P/B of 3.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $634.88M
Cash: $34.87M
Long-Term Debt: $64.75M
Book Value: $350.46M
D/E Ratio: 0.2
Debt/EBITDA: 2.4

With $634.88M in assets and $64.75M in long-term debt, D/E is 0.2and book value is $350.46M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 14% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $43.88M
TTM Free Cash Flow: $62.33M
FCF Margin: 8.4%
FCF / Net Income: 1.0

TTM FCF of $62.33M on $43.88M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 3% — an improving trend.