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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $901.43M | - | $843.25M | $758.70M | $613.37M | - | $526.43M | $507.09M | $569.96M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $575.39M | - | $550.57M | $526.76M | $485.60M | - | $494.14M | $430.02M | $385.69M | - |
| D&A | $15.62M | - | $12.75M | $12.20M | $12.63M | - | $11.64M | $11.40M | $12.32M | - |
| Operating Income | $177.50M | - | $12.67M | $329.42M | ($260.82M) | - | $32.29M | $77.07M | $184.26M | - |
| Interest Expense | - | - | - | - | - | - | - | $108.65M | $98.67M | - |
| Income Tax | $7.13M | - | $582.0K | $14.94M | ($13.79M) | - | $344.0K | $786.0K | $3.73M | - |
| Net Income | $25.30M | - | ($1.26M) | $22.91M | ($13.68M) | - | ($6.29M) | $3.05M | $8.73M | - |
| EPS - Basic | $0.09 | - | ($0.01) | $0.11 | ($0.08) | - | ($0.06) | $0.03 | $0.09 | - |
| EPS - Diluted | $0.09 | - | ($0.01) | $0.11 | ($0.12) | - | ($0.06) | $0.03 | $0.09 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $424.00M | $503.36M | $870.70M | $489.98M | $485.02M | $507.34M | $636.33M | $680.15M | $605.64M | $497.47M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $19.27B | $16.93B | $17.02B | $13.89B | $14.05B | $15.67B | $15.12B | $12.92B | $12.80B | $11.87B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $2.98B | $2.98B | $3.78B | $2.79B | $2.79B | $2.79B | $2.00B | $2.00B | $2.00B | $2.00B |
| Total Liabilities | $17.67B | $15.34B | $15.44B | $12.14B | $12.41B | $13.62B | $12.94B | $10.59B | $10.34B | $9.40B |
| Stockholders' Equity | $1.60B | $1.59B | $1.59B | $1.75B | $1.64B | $2.05B | $2.18B | $2.33B | $2.46B | $2.47B |
| Retained Earnings | $216.77M | $189.45M | $169.94M | $170.32M | $160.41M | $157.84M | $116.56M | $111.02M | $111.98M | $110.69M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.23B) | - | - | - | $593.90M | - | - | - | ($2.20B) | - |
| Investing Cash Flow | $524.28M | - | - | - | $928.39M | - | - | - | $1.29B | - |
| Financing Cash Flow | $1.63B | - | - | - | ($1.54B) | - | - | - | $1.02B | - |
| CapEx | $19.06M | - | - | - | $17.76M | - | - | - | $6.97M | - |
| Free Cash Flow | ($2.25B) | - | - | - | $576.13M | - | - | - | ($2.21B) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 19.7% | - | 1.5% | 43.4% | -42.5% | - | 6.1% | 15.2% | 32.3% | - |
| EBITDA margin | 21.4% | - | 3.0% | 45.0% | -40.5% | - | 8.3% | 17.4% | 34.5% | - |
| Net margin | 2.8% | - | -0.1% | 3.0% | -2.2% | - | -1.2% | 0.6% | 1.5% | - |
| Free cash flow margin | -249.5% | - | - | - | 93.9% | - | - | - | -387.7% | - |
| FCF / Net income | -88.89 | - | - | - | -42.12 | - | - | - | -253.12 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 22.0% | - | - | 39.5% | - | - | - | 20.5% | 30.0% | - |
| Return on assets | 0.1% | - | -0.0% | 0.2% | -0.1% | - | -0.0% | 0.0% | 0.1% | - |
| Return on equity | 1.6% | - | -0.1% | 1.3% | -0.8% | - | -0.3% | 0.1% | 0.4% | - |
| Return on invested capital | 3.0% | - | 0.2% | 4.4% | -4.7% | - | 0.6% | 1.4% | 2.9% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.86 | 1.87 | 2.38 | 1.59 | 1.70 | 1.36 | 0.92 | 0.86 | 0.81 | 0.81 |
| Debt / Assets | 0.15 | 0.18 | 0.22 | 0.20 | 0.20 | 0.18 | 0.13 | 0.15 | 0.16 | 0.17 |
| Debt / EBITDA | 15.45 | - | 148.74 | 8.16 | - | - | 45.53 | 22.61 | 10.17 | - |
| Interest coverage | - | - | - | - | - | - | - | 0.7x | 1.9x | - |
| Equity multiplier | 12.03 | 10.62 | 10.73 | 7.94 | 8.59 | 7.63 | 6.93 | 5.55 | 5.21 | 4.80 |
| Liabilities / Assets | 0.92 | 0.91 | 0.91 | 0.87 | 0.88 | 0.87 | 0.86 | 0.82 | 0.81 | 0.79 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.05 | 0.05 | 0.04 | - | 0.03 | 0.04 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 40.2x | - | - | 37.6x | - | - | - | 231.0x | 80.7x | - |
| P / B | 3.6x | - | 0.8x | 0.5x | 5.3x | - | 0.4x | 0.3x | 4.7x | - |
| P / S | 6.4x | - | 1.6x | 1.1x | 14.2x | - | 1.6x | 1.3x | 20.4x | - |
| EV / EBITDA | 43.2x | - | 167.5x | 9.2x | - | - | 50.4x | 22.4x | 66.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 47.0% | - | 60.2% | 49.6% | 7.6% | - | -22.3% | - | - | - |
| Revenue CAGR (3y) | - | - | 7.2% | 10.4% | -9.3% | - | -8.6% | 1.5% | 7.8% | - |
| Revenue CAGR (5y) | 14.6% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -60.8% | 327.4% | - | - | -89.3% | - | - | - |
| Net income growth (YoY) | - | - | 80.0% | 651.1% | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | 83.3% | 266.7% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | 6.9% | - | - | - | -24.6% | -35.2% | - |
| EPS CAGR (5y) | -22.9% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -2.1% | -22.4% | -27.2% | -24.9% | -33.4% | -17.0% | -29.5% | -21.0% | -14.5% | -22.0% |
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 |