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Willdan Group, Inc.

NASDAQ•WLDN
CEO: Mr. Michael A. Bieber
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 2006-11-21
Willdan 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 and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services. 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. 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.
Contact Information
2401 East Katella Avenue, Suite 300, Anaheim, CA, 92806, United States
714-940-6300
www.willdan.com
Market Cap
$1.08B
P/E (TTM)
20.3
42.5
Dividend Yield
--
52W High
$137.00
52W Low
$38.32
52W Range
35%
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$173.69M+0.00%
4-Quarter Trend

EPS

$1.28+0.00%
4-Quarter Trend

FCF

$36.72M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth Strong Contract revenue reached $681.55M, increasing 20.5% in fiscal year 2025, driven by both segments.
Net Income More Than Doubles Net income surged to $52.56M in 2025, significantly up from $22.57M in 2024 due to operations and tax.
Gross Margin Expansion Noted Gross margin improved to 37.5% in 2025, up from 35.8% in 2024, primarily driven by favorable revenue mix changes.
Backlog Reaches $1.0 Billion Total contract backlog stood at $1.0B as of January 2, 2026, supporting future revenue visibility.

Risk Factors

Fixed Price Earnings Unpredictability Fixed-price contracts, now 47% of revenue, expose earnings to cost overruns and estimation inaccuracies.
Project Performance Failure Risk Failure to meet project timelines or standards may result in losses, potentially eliminating overall project profitability.
Key Customer Concentration Risk Top ten customers accounted for 50.7% of revenue in 2025; loss of major clients impacts financial condition.
Talent Loss Impairs Operations Success relies on retaining key personnel; loss of senior management or inability to attract qualified engineers poses risk.

Outlook

Capitalize on Energy Transformation Positioned to benefit from energy transformation fueled by AI data centers, electrification, and climate change demands.
Growth via Acquisitions Continues Overall growth strategy combines strong organic expansion with strategic acquisitions to broaden service depth.
Government Contract Complexity Business remains highly susceptible to complex government regulations, audits, and potential funding delays.
Debt Covenants Compliance Monitored Ability to pursue future strategies depends on maintaining leverage ratios and complying with Credit Agreement covenants.

Peer Comparison

Revenue (TTM)

MAN stock ticker logoMAN
$18.38B
+4.8%
CYD stock ticker logoCYD
$3.80B
+42.3%
CODI stock ticker logoCODI
$1.87B
-4.8%

Gross Margin (Latest Quarter)

NSSC stock ticker logoNSSC
58.6%
+0.7pp
CMRE stock ticker logoCMRE
53.8%
+49.2pp
WLDN stock ticker logoWLDN
36.0%
+4.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
DCO$2.07B-60.9-5.0%29.2%
CMRE$1.95B5.316.9%39.2%
NSSC$1.61B34.027.4%2.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.5%
Moderate Growth
4Q Net Income CAGR
58.6%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 30, 2026
|
EPS:$0.83
|
Revenue:$92.17M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data