WAFD
Washington Federal Inc
NASDAQ: WAFDP · FINANCIAL SERVICES · BANKS - REGIONAL
$16.45
+0.24% today
Updated 2026-04-30
Market cap
$2.32B
P/E ratio
5.98
P/S ratio
—
EPS (TTM)
$2.74
Dividend yield
6.55%
52W range
$14 – $17
Volume
0.0M
Washington Federal Inc (WAFDP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $546.13M | $634.25M | $728.96M | $694.43M | $783.99M | $672.55M | $606.79M | $538.22M | $561.61M | $580.28M | $593.88M | $602.63M | $651.06M | $734.59M | $708.25M | $652.60M | $733.38M | $742.61M | $1.43B | $1.41B |
| Revenue growth (YoY) | — | +16.1% | +14.9% | -4.7% | +12.9% | -14.2% | -9.8% | -11.3% | +4.3% | +3.3% | +2.3% | +1.5% | +8.0% | +12.8% | -3.6% | -7.9% | +12.4% | +1.3% | +92.9% | -1.6% |
| Cost of revenue | $273.90M | $360.05M | $458.16M | $511.63M | $449.01M | $320.80M | $238.20M | $137.51M | $112.68M | $105.91M | $110.29M | $114.89M | $129.49M | $188.76M | $173.51M | $87.00M | $74.77M | $394.22M | $728.38M | $692.96M |
| Gross profit | $272.77M | $274.20M | $270.81M | $182.80M | $334.98M | $351.75M | $368.58M | $400.71M | $448.94M | $474.37M | $483.58M | $487.74M | $521.57M | $545.84M | $534.74M | $565.60M | $658.61M | $742.61M | $704.33M | $717.73M |
| Gross margin | 49.9% | 43.2% | 37.1% | 26.3% | 42.7% | 52.3% | 60.7% | 74.5% | 79.9% | 81.7% | 81.4% | 80.9% | 80.1% | 74.3% | 75.5% | 86.7% | 89.8% | 100.0% | 49.2% | 50.9% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $36.57M | $43.57M | $53.62M | $67.78M | $88.50M | $92.62M | $93.72M | $103.03M | $120.74M | $127.86M | $124.71M | $123.67M | $135.15M | $143.40M | $158.53M | $190.47M | $203.45M | $216.56M | $263.02M | $60.10M |
| Operating income | $218.66M | $209.31M | $95.84M | $75.74M | $123.03M | $173.66M | $215.91M | $234.62M | $244.93M | $249.52M | $248.13M | $256.22M | $257.24M | $262.77M | $219.19M | $233.14M | $300.04M | $325.08M | $256.06M | $289.64M |
| Operating margin | 40.0% | 33.0% | 13.1% | 10.9% | 15.7% | 25.8% | 35.6% | 43.6% | 43.6% | 43.0% | 41.8% | 42.5% | 39.5% | 35.8% | 30.9% | 35.7% | 40.9% | 43.8% | 17.9% | 20.5% |
| EBITDA | $226.37M | $213.38M | $100.12M | $80.89M | $128.79M | $206.49M | $250.41M | $250.39M | $262.27M | $267.41M | $267.64M | $297.90M | $303.98M | $293.83M | $259.10M | $267.05M | $364.09M | $325.08M | $390.16M | $299.36M |
| EBITDA margin | 41.4% | 33.6% | 13.7% | 11.6% | 16.4% | 30.7% | 41.3% | 46.5% | 46.7% | 46.1% | 45.1% | 49.4% | 46.7% | 40.0% | 36.6% | 40.9% | 49.6% | 43.8% | 27.2% | 21.2% |
| EBIT | $218.66M | $209.31M | $95.84M | $75.74M | $123.03M | $173.66M | $215.91M | $234.62M | $244.93M | $249.52M | $248.13M | $256.22M | $257.24M | $262.77M | $219.19M | $233.14M | $300.04M | $325.08M | $256.06M | $289.64M |
| Interest expense | $273.36M | $358.50M | $397.64M | $318.63M | $269.10M | $227.70M | $193.25M | $136.16M | $128.08M | $117.07M | $116.54M | $116.99M | $134.94M | $190.41M | $151.76M | $86.50M | $71.77M | $352.72M | $710.88M | $685.21M |
| Income tax | $75.56M | $74.30M | $33.51M | $27.57M | $4.37M | $62.52M | $77.73M | $83.11M | $87.56M | $89.20M | $84.08M | $82.68M | $53.39M | $52.52M | $45.75M | $49.52M | $63.71M | $67.65M | $56.02M | $63.57M |
| Effective tax rate | 34.6% | 35.5% | 35.0% | 36.4% | 3.6% | 36.0% | 36.0% | 35.4% | 35.8% | 35.7% | 33.9% | 32.3% | 20.8% | 20.0% | 20.9% | 21.2% | 21.2% | 20.8% | 21.9% | 21.9% |
| Net income | $143.10M | $135.02M | $62.33M | $48.17M | $118.65M | $111.14M | $138.18M | $151.50M | $157.36M | $160.32M | $164.05M | $173.53M | $203.85M | $210.26M | $173.44M | $183.62M | $236.33M | $257.43M | $200.04M | $226.07M |
| Net income growth (YoY) | — | -5.6% | -53.8% | -22.7% | +146.3% | -6.3% | +24.3% | +9.6% | +3.9% | +1.9% | +2.3% | +5.8% | +17.5% | +3.1% | -17.5% | +5.9% | +28.7% | +8.9% | -22.3% | +13.0% |
| Profit margin | 26.2% | 21.3% | 8.6% | 6.9% | 15.1% | 16.5% | 22.8% | 28.1% | 28.0% | 27.6% | 27.6% | 28.8% | 31.3% | 28.6% | 24.5% | 28.1% | 32.2% | 34.7% | 14.0% | 16.0% |