← Back to All US Stocks

Willdan Group, Inc. (WLDN) Fundamental Analysis & AI Grade 2026

WLDN Nasdaq Services-Engineering Services DE CIK: 0001370450
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-04-03
Combined AI Grade
C
78% Confidence
N/A
C
78% Conf
Pending
Analysis scheduled

📊 WLDN Key Takeaways

Revenue: $155.1M
Net Margin: 5.5%
Free Cash Flow: $-26.4M
Current Ratio: 1.68x
Debt/Equity: 0.15x
EPS: $0.55
AI Grade: C with 78% confidence
Willdan Group, Inc. (WLDN) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $155.1M, net profit margin of 5.5%, and return on equity (ROE) of 2.7%, Willdan Group, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete WLDN stock analysis for 2026.

Is Willdan Group, Inc. (WLDN) a Good Investment?

Claude

Willdan Group demonstrates concerning fundamentals masked by topline revenue growth. Despite 20.5% YoY revenue increase, the company generated negative operating cash flow of -$24.4M and negative free cash flow of -$26.4M, indicating earnings quality issues and sustainability concerns. Thin operating margins (4.7%) combined with net income flat YoY and very low returns (ROE 2.7%, ROA 1.7%) suggest growth is not translating to profitable, cash-generating operations.

Willdan Group, Inc. Key Strengths (WLDN)

Claude
  • + Strong revenue growth of 20.5% YoY
  • + Healthy gross margin of 40.7%
  • + Conservative balance sheet with low leverage (Debt/Equity 0.15x) and adequate liquidity (Current Ratio 1.68x)

WLDN Stock Risks: Willdan Group, Inc. Investment Risks

Claude
  • ! Critical: Negative operating cash flow of -$24.4M and negative free cash flow of -$26.4M despite positive net income signals earnings quality deterioration
  • ! Net income essentially flat YoY (0.0%) despite 20.5% revenue growth indicates poor profitability conversion and margin compression
  • ! Very thin operating margin (4.7%) and weak returns on capital (ROE 2.7%, ROA 1.7%) leave minimal financial flexibility
  • ! Interest coverage of 1.9x and cash burn rate threaten liquidity sustainability given only $28.3M in cash reserves

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must urgently turn positive to validate earnings quality
  • * Free cash flow margin - currently -17.0%, indicates structural profitability issues
  • * Working capital dynamics - negative cash flow despite positive earnings suggests collection or inventory management problems
  • * Operating margin expansion - critical to demonstrate pricing power and cost control
  • * Cash runway - at current burn rate, existing cash reserves are at risk

Willdan Group, Inc. (WLDN) Financial Metrics & Key Ratios

Revenue
$155.1M
Net Income
$8.5M
EPS (Diluted)
$0.55
Free Cash Flow
$-26.4M
Total Assets
$511.7M
Cash Position
$28.3M

💡 AI Analyst Insight

Willdan Group, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

WLDN Profit Margin, ROE & Profitability Analysis

Gross Margin 40.7%
Operating Margin 4.7%
Net Margin 5.5%
ROE 2.7%
ROA 1.7%
FCF Margin -17.0%

WLDN vs Services Sector: How Willdan Group, Inc. Compares

How Willdan Group, Inc. compares to Services sector averages

Net Margin
WLDN 5.5%
vs
Sector Avg 10.0%
WLDN Sector
ROE
WLDN 2.7%
vs
Sector Avg 16.0%
WLDN Sector
Current Ratio
WLDN 1.7x
vs
Sector Avg 1.5x
WLDN Sector
Debt/Equity
WLDN 0.2x
vs
Sector Avg 0.7x
WLDN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Willdan Group, Inc. Stock Overvalued? WLDN Valuation Analysis 2026

Based on fundamental analysis, Willdan Group, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
2.7%
Sector avg: 16%
Net Profit Margin
5.5%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.15x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Willdan Group, Inc. Balance Sheet: WLDN Debt, Cash & Liquidity

Current Ratio
1.68x
Quick Ratio
1.68x
Debt/Equity
0.15x
Debt/Assets
39.3%
Interest Coverage
1.88x
Long-term Debt
$47.9M

WLDN Revenue & Earnings Growth: 5-Year Financial Trend

WLDN 5-year financial data: Year 2021: Revenue $443.1M, Net Income N/A, EPS $0.41. Year 2022: Revenue $429.1M, Net Income -$14.5M, EPS $-1.23. Year 2023: Revenue $510.1M, Net Income -$8.4M, EPS $-0.68. Year 2024: Revenue $565.8M, Net Income -$8.4M, EPS $-0.65. Year 2025: Revenue $681.6M, Net Income $10.9M, EPS $0.80.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Willdan Group, Inc.'s revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.80 reflects profitable operations.

WLDN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-17.0%
Free cash flow / Revenue

WLDN Quarterly Earnings & Performance

Quarterly financial performance data for Willdan Group, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $152.4M $4.7M $0.32
Q3 2025 $158.3M $2.9M $0.51
Q2 2025 $141.0M $2.9M $0.33
Q1 2025 $122.5M $2.9M $0.21
Q3 2024 $132.7M $397.0K $0.11
Q2 2024 $119.1M $397.0K $0.03
Q1 2024 $102.6M $932.0K $0.07
Q3 2023 $121.4M $76.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Willdan Group, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$24.4M
Cash generated from operations
Capital Expenditures
$2.0M
Investment in assets
Dividends
None
No dividend program

WLDN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Willdan Group, Inc. (CIK: 0001370450)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 4 xslF345X06/form4-05152026_100506.xml View →
May 14, 2026 4 xslF345X06/form4-05142026_090556.xml View →
May 8, 2026 10-Q wldn-20260403x10q.htm View →
May 7, 2026 8-K wldn-20260507x8k.htm View →
Apr 24, 2026 DEF 14A wldn-20260617xdef14a.htm View →

Frequently Asked Questions about WLDN

What is the AI rating for WLDN?

Willdan Group, Inc. (WLDN) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WLDN's key strengths?

Claude: Strong revenue growth of 20.5% YoY. Healthy gross margin of 40.7%.

What are the risks of investing in WLDN?

Claude: Critical: Negative operating cash flow of -$24.4M and negative free cash flow of -$26.4M despite positive net income signals earnings quality deterioration. Net income essentially flat YoY (0.0%) despite 20.5% revenue growth indicates poor profitability conversion and margin compression.

What is WLDN's revenue and growth?

Willdan Group, Inc. reported revenue of $155.1M.

Does WLDN pay dividends?

Willdan Group, Inc. does not currently pay dividends.

Where can I find WLDN SEC filings?

Official SEC filings for Willdan Group, Inc. (CIK: 0001370450) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WLDN's EPS?

Willdan Group, Inc. has a diluted EPS of $0.55.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is WLDN's fundamental grade?

Based on our AI fundamental analysis in June 2026, Willdan Group, Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is WLDN stock overvalued or undervalued?

Valuation metrics for WLDN: ROE of 2.7% (sector avg: 16%), net margin of 5.5% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is WLDN's AI grade for 2026?

Our dual AI analysis gives Willdan Group, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WLDN's free cash flow?

Willdan Group, Inc.'s operating cash flow is $-24.4M, with capital expenditures of $2.0M. FCF margin is -17.0%.

How does WLDN compare to other Services stocks?

Vs Services sector averages: Net margin 5.5% (avg: 10%), ROE 2.7% (avg: 16%), current ratio 1.68 (avg: 1.5).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% DECK 87% NVDA 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-04-03 | Powered by Claude AI