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Provider of energy efficiency consulting, engineering and public-sector infrastructure services, mainly to utilities and municipalities.
Provider of energy efficiency consulting, engineering and public-sector infrastructure services, mainly to utilities and municipalities.
Paid under multi-year contracts with utilities and public agencies, often running programs that deliver rebates or installed upgrades to customers, with engineering work billed on time and fixed-fee terms. California utilities and agencies are a heartland, and it has grown partly by buying smaller engineering firms.
Moat: narrow (customer qualification, regulatory licence). Long-standing utility program contracts and regulatory expertise create switching costs for utility clients.
Headquarters: Anaheim, California · Founded: 1988 · Employees: 1,814
Size Willdan (WLDN) is a United States Industrials company (Miscellaneous Commercial Services) with a market value of $1.01B, the 2239th largest of 3,117 United States companies the cockpit tracks. Shares closed at $66.22 on 6 Nov 2026.
Performance Over six months the shares fell 25.1%, against -10.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 18.1% over the last twelve months (peer median +4.9%); the operating margin is 7.1% (peer median 10.5%).
Valuation It trades at 14.5× forward earnings against a peer median of 17.5× (6th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.4 points below its cost of capital (10.8% WACC).
Short interest Short interest is 11.8% of the free float (15 Oct 2026).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $742M | $682M | $566M | $510M | $429M |
| Revenue growth | — | +20% | +11% | +19% | — |
| Gross profit | $259M | $237M | $188M | $163M | $126M |
| EBITDA | $73.7M | $62.8M | $46.1M | $38.5M | $10.4M |
| Net income | $65.3M | $52.6M | $22.6M | $10.9M | -$8.45M |
| Free cash flow | $62.3M | $70.7M | $63.7M | $29.3M | -$169,000 |
| Capital expenditure | $8.54M | $9.39M | $8.41M | $9.93M | $9.60M |
| Total debt | $89.2M | $69.3M | $108M | $114M | $123M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Willdan WLDN | $1.01B | -25% | +18% | 7% | 14.5× | 15.4% |
| ICF International ICFI | $1.43B | +14% | -8% | 8% | 10.8× | -2.2% |
| Aecom ACM | $8.59B | -17% | -4% | 5% | 11.0× | 7.3% |
| Tetra Tech TTEK | $10.3B | +33% | -8% | 12% | 24.0× | 8.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | WLDN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.4% | +0.8% | 3rd lowest of 21 |
| 6-month return | -25.1% | -10.3% | 3rd lowest of 21 |
| Distance from 52-week high | -51.7% | -25.5% | lowest of 21 |
| Revenue growth (TTM) | +18.1% | +4.9% | 2nd highest of 21 |
| Operating margin | 7.1% | 10.5% | 9th lowest of 21 |
| Forward P/E | 14.5× | 17.5× | 6th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 15.4% | -2.0% | 3rd most demanding of 13 |
| Growth delivered (Del g) | +11.8% | +13.3% | 6th lowest of 13 |
| Hurdle (Req g minus delivered) | +3.6 pp | -16.2 pp | 3rd most demanding of 13 |
| ROIC minus cost of capital | -0.4 pp | +3.2 pp | 7th lowest of 19 |
| EV / EBITDA | 14.4× | 8.0× | most expensive of 11 |
| Net debt / EBITDA | 0.7× | 1.9× | 6th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Willdan WLDN | United States | $1.01B | -25% | +18% | 7% | 14.5× | 15.4% | +11.8% |
| Shenzhen Boshijie Technology 301608.SZ | China | $1.00B | -20% | +15% | 14% | 20.9× | n/a | n/a |
| Graincorp GNC.AX | Australia | $1.02B | +9% | -2% | 0% | 46.7× | n/a | n/a |
| GL events GLO.PA | France | $991M | -14% | +6% | 10% | 8.7× | 3.1% | +29.1% |
| Shanghai Action Education Tehnology 605098.SS | China | $991M | -10% | +15% | 40% | 16.3× | -3.0% | +16.4% |
| Rites RITES.NS | India | $990M | -15% | +11% | 20% | 19.7× | 19.8% | +5.3% |
| Neurones NRO.PA | France | $1.04B | +5% | +7% | 9% | 17.1× | -8.3% | +10.3% |
| Smartgroup SIQ.AX | Australia | $1.06B | +1% | +10% | 37% | 16.8× | -0.5% | +8.8% |
| Beijing Cuiwei Tower 603123.SS | China | $1.07B | -23% | -12% | -18% | n/a | n/a | n/a |
| B2 Impact B2I.OL | Norway | $947M | +1% | +9% | 48% | 10.2× | -8.3% | +3.1% |
| Service Stream SSM.AX | Australia | $943M | +7% | +1% | 3% | 17.6× | 11.7% | +24.0% |
| BrightView BV | United States | $1.08B | -10% | +1% | 4% | 20.6× | n/a | n/a |
| Prosegur Cash CASH.MC | Spain | $1.09B | +5% | -5% | 11% | 9.6× | -13.0% | +5.7% |
| W.A.G. Payment Solutions EWG.L | United Kingdom | $935M | -4% | +16% | 3% | 17.5× | -1.7% | +12.2% |
| Wavestone WAVE.PA | France | $931M | -22% | +1% | 12% | 10.0× | -5.3% | +18.0% |
| Shaanxi Fenghuo Electronics 000561.SZ | China | $929M | -24% | +8% | -26% | n/a | n/a | n/a |
| FESCO 600861.SS | China | $1.11B | -18% | +4% | 1% | 10.4× | n/a | n/a |
| Embedway Technologies (Shanghai) 603496.SS | China | $910M | -37% | +4% | 1% | 137.0× | 54.3% | +14.5% |
| Naruida Technology 688522.SS | China | $1.14B | -28% | +20% | 14% | 22.0× | n/a | n/a |
| Zhejiang Meorient Commerce & Exhibition 300795.SZ | China | $890M | -1% | -3% | 18% | 29.6× | n/a | n/a |
| Xi'an High Voltage Apparatus Research Institute 688334.SS | China | $889M | -10% | +4% | 29% | 21.3× | -2.4% | +20.3% |