UWMC · Uwm Holdings Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.16B | $2.16B | $1.31B | $2.37B | $2.97B | $4.94B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $2.15B | $1.83B | $1.39B | $1.44B | $1.39B | $1.55B |
| D&A | $55.51M | $48.78M | $50.06M | $49.40M | $35.10M | $16.82M |
| Operating Income | $250.90M | $335.96M | ($76.29M) | $934.67M | $1.58B | ($6.83M) |
| Interest Expense | - | - | $320.26M | $305.99M | $304.66M | $167.04M |
| Income Tax | $6.87M | $6.58M | ($6.51M) | $2.81M | $0 | $2.45M |
| Net Income | $27.38M | $14.40M | ($13.23M) | $41.72M | $98.44M | $3.38B |
| EPS - Basic | $0.13 | $0.13 | ($0.14) | $0.45 | $0.98 | - |
| EPS - Diluted | $0.12 | $0.13 | ($0.14) | $0.45 | $0.66 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $503.36M | $507.34M | $497.47M | $704.90M | $731.09M | $1.22B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | $234.5K |
| Total Assets | $16.93B | $15.67B | $11.87B | $13.60B | $22.53B | $11.49B |
| Current Liabilities | - | - | - | - | - | $5.20M |
| Long-term Debt | $2.98B | $2.79B | $2.00B | $2.00B | $2.00B | $26.53M |
| Total Liabilities | $15.34B | $13.62B | $9.40B | $10.43B | $19.36B | $9.12B |
| Stockholders' Equity | $1.59B | $2.05B | $2.47B | $661.32M | $3.17B | $5.00M |
| Retained Earnings | $189.45M | $157.84M | $110.69M | $142.50M | $141.81M | $2.35B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.65B) | ($6.24B) | $165.24M | $8.27B | ($9.96B) | $56.41M |
| Investing Cash Flow | $2.26B | $2.68B | $1.83B | $1.29B | $199.75M | $231.88M |
| Financing Cash Flow | $384.02M | $3.58B | ($2.20B) | ($9.58B) | $9.26B | $802.26M |
| CapEx | $74.05M | $39.45M | $26.43M | $26.61M | $65.38M | $57.29M |
| Free Cash Flow | ($2.72B) | ($6.28B) | $138.81M | $8.24B | ($10.02B) | ($876.0K) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 7.9% | 15.5% | -5.8% | 39.4% | 53.1% | -0.1% |
| EBITDA margin | 9.7% | 17.8% | -2.0% | 41.5% | 54.3% | 0.2% |
| Net margin | 0.9% | 0.7% | -1.0% | 1.8% | 3.3% | 68.5% |
| Free cash flow margin | -86.1% | -290.3% | 10.6% | 347.4% | -337.4% | -0.0% |
| FCF / Net income | -99.40 | -436.06 | -10.49 | 197.57 | -101.81 | -0.00 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 20.1% | 31.4% | - | 6.3% | 0.0% | 0.1% |
| Return on assets | 0.2% | 0.1% | -0.1% | 0.3% | 0.4% | 29.4% |
| Return on equity | 1.7% | 0.7% | -0.5% | 6.3% | 3.1% | 67650.1% |
| Return on invested capital | 4.4% | 4.8% | -1.3% | 32.9% | 30.5% | -21.6% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | 0.05 |
| Quick ratio | - | - | - | - | - | 0.05 |
| Cash ratio | - | - | - | - | - | 235.45 |
| Leverage | ||||||
| Debt / Equity | 1.87 | 1.36 | 0.81 | 3.02 | 0.63 | 5.31 |
| Debt / Assets | 0.18 | 0.18 | 0.17 | 0.15 | 0.09 | 0.00 |
| Debt / EBITDA | 9.73 | 7.24 | - | 2.03 | 1.24 | 2.65 |
| Interest coverage | - | - | -0.2x | 3.1x | 5.2x | -0.0x |
| Equity multiplier | 10.62 | 7.63 | 4.80 | 20.57 | 7.10 | 2298.69 |
| Liabilities / Assets | 0.91 | 0.87 | 0.79 | 0.77 | 0.86 | 0.79 |
| Efficiency | ||||||
| Asset turnover | 0.19 | 0.14 | 0.11 | 0.17 | 0.13 | 0.43 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 36.5x | 45.2x | - | 7.4x | 9.0x | - |
| P / B | 4.4x | 0.3x | 0.3x | 0.5x | 3.0x | - |
| P / S | 2.2x | 0.3x | 0.5x | 0.1x | 3.2x | - |
| EV / EBITDA | 30.9x | 7.6x | - | 1.6x | 6.7x | - |
| Growth | ||||||
| Revenue growth (YoY) | 46.1% | 65.0% | -44.7% | -20.1% | -39.9% | 286.3% |
| Revenue CAGR (3y) | 10.0% | -10.0% | -35.7% | 22.9% | - | - |
| Revenue CAGR (5y) | -8.5% | 11.1% | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -25.3% | - | - | -40.8% | - | - |
| Net income growth (YoY) | 90.1% | - | - | -57.6% | -97.1% | 715.0% |
| EPS growth (YoY) | -7.7% | - | - | -31.8% | - | - |
| EPS CAGR (3y) | -35.6% | -41.8% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 56.7% | - | -98.3% | - | -1144003.5% | 100.0% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -22.4% | -17.0% | 274.2% | -79.1% | 63319.9% | - |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing UWM Holdings Corp against the 5 most active filers in the same SIC group.
Dividends
$0.40/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 19, 2026 | $0.1000 |
| Dec 18, 2025 | $0.1000 |
| Sep 18, 2025 | $0.1000 |
| Jun 18, 2025 | $0.1000 |
| Mar 20, 2025 | $0.1000 |
| Dec 19, 2024 | $0.1000 |
| Sep 19, 2024 | $0.1000 |
| Jun 20, 2024 | $0.1000 |
| Mar 19, 2024 | $0.1000 |
| Dec 19, 2023 | $0.1000 |
| Sep 19, 2023 | $0.1000 |
| Jun 20, 2023 | $0.1000 |
| Mar 9, 2023 | $0.1000 |
| Dec 8, 2022 | $0.1000 |
| Sep 19, 2022 | $0.1000 |
| Jun 17, 2022 | $0.1000 |
| Mar 11, 2022 | $0.1000 |
| Dec 9, 2021 | $0.1000 |
| Sep 9, 2021 | $0.1000 |
| Jun 9, 2021 | $0.1000 |
| Mar 9, 2021 | $0.1000 |