WaFd (WAFD) financial statements
WaFd reported revenue of $30M in fiscal 2025, down 26.4% a year over 9 years.
Net income was $226M.
Free cash flow was $208M, and the company returned $85M in dividends and $102M in net buybacks.
The diluted share count fell 13% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WaFd's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $467M | $484M | $26M | $25M | $24M | $25M | $26M | $26M | $28M | $30M |
| Interest expense | $117M | $117M | $135M | $190M | $152M | $87M | $72M | $353M | — | — |
| Pre-tax income | $248M | $256M | $257M | $263M | $219M | $233M | $300M | $325M | $256M | $290M |
| Income tax | $84M | $83M | $53M | $53M | $46M | $50M | $64M | $68M | $56M | $64M |
| Net income | $164M | $174M | $204M | $210M | $173M | $184M | $236M | $257M | $200M | $226M |
| EPS (diluted) | $1.78 | $1.94 | $2.40 | $2.61 | $2.26 | $2.39 | $3.39 | $3.72 | $2.50 | $2.63 |
| Diluted shares | 92M | 89M | 85M | 80M | 77M | 73M | 65M | 65M | 74M | 80M |
| Net margin | 35.1% | 35.8% | 786.9% | 845.0% | 732.1% | 743.8% | 911.0% | 988.2% | 727.2% | 762.5% |
Balance sheet
Fiscal years, from WaFd's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $450M | $313M | $269M | $419M | $1.7B | $2.1B | $684M | $981M | $2.4B | $657M |
| Property, plant and equipment | $282M | $264M | $268M | $274M | $253M | $255M | $243M | $237M | $248M | $261M |
| Goodwill | $292M | $293M | $301M | $301M | $303M | $303M | $303M | $305M | $411M | $415M |
| Total assets | $14.9B | $15.3B | $15.9B | $16.5B | $18.8B | $19.7B | $20.8B | $22.5B | $28.1B | $26.7B |
| Total liabilities | $12.9B | $13.2B | $13.9B | $14.4B | $16.8B | $17.5B | $18.5B | $20.0B | $25.1B | $23.7B |
| Shareholders' equity | $2.0B | $2.0B | $2.0B | $2.0B | $2.0B | $2.1B | $2.3B | $2.4B | $3.0B | $3.0B |
| Net debt | -$450M | -$313M | -$269M | -$419M | -$1.7B | -$2.1B | -$684M | -$981M | -$2.4B | -$657M |
Cash flow
Fiscal years, from WaFd's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $222M | $180M | $191M | $234M | $167M | $314M | $268M | $214M | $439M | $237M |
| Capital spending | $42M | $15M | $27M | $36M | $32M | $29M | $12M | $15M | $25M | $29M |
| Free cash flow | $180M | $164M | $164M | $199M | $135M | $285M | $257M | $199M | $415M | $208M |
| Stock-based compensation | $4M | $6M | $5M | $5M | $6M | $6M | $7M | $8M | $9M | $9M |
| Dividends paid | $50M | $75M | $56M | $63M | $66M | $66M | $62M | $64M | $74M | $85M |
| Share buybacks (net) | -$88M | -$98M | -$164M | -$124M | -$112M | -$349M | -$3M | -$30M | -$27M | -$102M |
| Net borrowing | $250M | $145M | $105M | -$80M | $436M | -$994M | $405M | $1.5B | $17.0B | $11.0B |
| Free cash flow margin | 38.5% | 33.9% | 631.5% | 797.9% | 568.4% | 1154.4% | 989.4% | 763.5% | 1507.1% | 702.3% |
| Dividends per share | $0.54 | $0.84 | $0.66 | $0.79 | $0.87 | $0.91 | $0.94 | $0.98 | $1.00 | $1.05 |
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Open WAFD in InvestinglyQuestions
What was WaFd's revenue in 2025?
$30M in fiscal 2025, from its 10-K filing.
How much free cash flow does WaFd generate?
$208M in fiscal 2025 (operating cash flow minus capital spending).
From WaFd's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.