UWM HOLDINGS CORPORATION financials
Source: EDGAR filings · Built 2026-06-02T04:17:55Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.72B | -6.29B | 125.98M | 8.22B | -10.04B | -5.92M |
| EBITDA | — | — | — | — | — | 9.99M |
| Working Capital | — | — | — | — | — | -4.96M |
| Net Debt | 3.80B | 2.90B | 2.38B | 2.18B | 1.44B | 13.45M |
| Operating Margin | — | — | — | — | — | -0.14% |
| Net Margin | 0.87% | 0.54% | -0.61% | 1.76% | 3.31% | -0.12% |
| Return on Equity (ROE) | 1.72% | 0.70% | -0.53% | 1.32% | 3.10% | -116.15% |
| Return on Assets (ROA) | 0.16% | 0.09% | -0.11% | 0.31% | 0.44% | -0.05% |
| Current Ratio | — | — | — | — | — | 0.05× |
| Debt-to-Equity | 2.70× | 1.66× | 1.16× | 0.91× | 0.68× | 247.46× |
| Effective Tax Rate | 2.74% | 1.96% | 8.53% | 0.30% | 0.62% | 0.07% |
| Cash Conversion Ratio | -96.70× | -433.32× | -12.49× | 198.21× | -101.14× | -9.71× |
| Accruals Ratio | 0.16× | 0.40× | -0.01× | -0.60× | 0.45× | -0.01× |
| SBC % of Revenue | 1.59% | 0.92% | 0.64% | 0.32% | 0.22% | 0.00% |
| CapEx Coverage | -34.71× | -138.58× | 4.21× | 188.18× | -125.90× | 0.91× |
| Free Cash Flow Per Share | $-1.70 | $-56.45 | $1.35 | $88.93 | $-6.26 | — |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 36.50× | 45.15× | — | 7.36× | 8.97× | — |
| P/FCF | — | — | 5.29× | 0.04× | — | — |
| FCF Yield | — | — | 18.90% | — | — | — |
| EV / EBITDA | — | — | — | — | — | 136.82× |
| P/S | 2.22× | 0.24× | 0.31× | 0.13× | 3.20× | 0.27× |
| P/B | 4.40× | 0.32× | 0.27× | 0.10× | 2.99× | 270.75× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 3.16B | 2.67B | 2.17B | 2.37B | 2.97B | 4.94B |
| Operating Expenses | 2.15B | 1.83B | 1.39B | 1.44B | 1.39B | 1.55B |
| Operating Income (Loss) | — | — | — | — | — | -6.83M |
| Income Tax Expense (Benefit) | 6.87M | 6.58M | -6.51M | 2.81M | 9.84M | 2.45M |
| Net Income (Loss) Attributable to Parent | 27.38M | 14.40M | -13.23M | 41.72M | 98.44M | -5.81M |
| Earnings Per Share, Basic | $0.13 | $0.13 | $-0.14 | $0.45 | $0.98 | — |
| Weighted Average Number of Shares Outstanding, Basic | 211.41M | 111.37M | 93.25M | 92.48M | 100.88M | — |
| Earnings Per Share, Diluted | $0.12 | $0.13 | $-0.14 | $0.45 | $0.66 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 1.60B | 111.37M | 93.25M | 92.48M | 1.60B | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 503.36M | 507.34M | 497.47M | 704.90M | 731.09M | 1.22B |
| Assets, Current | — | — | — | — | — | 234.46K |
| Assets | 16.93B | 15.67B | 11.87B | 13.60B | 22.53B | 11.49B |
| Long-term Debt | 2.98B | 2.79B | 1.99B | 2.00B | 2.00B | 800.00M |
| Liabilities, Current | — | — | — | — | — | 5.20M |
| Liabilities | 15.34B | 13.62B | 9.40B | 10.43B | 19.36B | 9.12B |
| Stockholders' Equity Attributable to Parent | — | — | — | — | — | 5.00M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.65B | -6.24B | 165.24M | 8.27B | -9.96B | 56.41M |
| Payments to Acquire Property, Plant, and Equipment | 74.05M | 39.45M | 26.43M | 26.61M | 65.38M | 57.29M |
| Net Cash Provided by (Used in) Investing Activities | 2.26B | 2.68B | 1.83B | 1.29B | 199.75M | 231.88M |
| Payments for Repurchase of Common Stock | — | — | 0 | 0 | 81.63M | 0 |
| Payments of Dividends | 78.60M | 39.73M | 37.24M | 36.94M | 30.63M | 0 |
| Net Cash Provided by (Used in) Financing Activities | 384.02M | 3.58B | -2.20B | -9.58B | 9.26B | 802.26M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.25B | 81.53M | -2.81B | 284.84M | 575.48M | -552.29M |
| Net Debt | 4.68B | 3.80B | 3.04B | 2.84B | 2.67B | 2.90B |
| Net Margin | 2.81% | 2.05% | -0.15% | 3.02% | -2.23% | 1.24% |
| Return on Equity (ROE) | 1.58% | 1.22% | -0.08% | 1.31% | -0.84% | 0.43% |
| Return on Assets (ROA) | 0.13% | 0.11% | -0.01% | 0.17% | -0.10% | 0.06% |
| Debt-to-Equity | 3.19× | 2.70× | 2.46× | 1.91× | 1.93× | 1.66× |
| Effective Tax Rate | 4.01% | 3.03% | 4.59% | 4.54% | 5.29% | 4.06% |
| Cash Conversion Ratio | -88.13× | 5.34× | 2180.12× | 14.32× | -43.42× | -60.91× |
| Accruals Ratio | 0.12× | -0.01× | 0.16× | -0.02× | -0.04× | 0.04× |
| SBC % of Revenue | 1.46% | 1.65% | 4.12% | 2.64% | 1.35% | 1.25% |
| CapEx Coverage | -113.91× | 4.67× | -50.91× | 7.60× | 32.25× | -60.13× |
| Free Cash Flow Per Share | $-1.41 | $0.05 | $-12.67 | $1.41 | $0.36 | $-4.96 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 13.41× | 73.00× | 121.80× | — | — | 45.15× |
| P/S | 1.68× | 2.22× | 0.46× | 0.29× | 3.23× | 0.24× |
| P/B | 3.62× | 4.40× | 0.85× | 0.48× | 5.34× | 0.32× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 901.43M | 945.25M | 843.25M | 758.70M | 613.37M | 720.60M |
| Operating Expenses | 575.39M | 589.41M | 550.57M | 526.76M | 485.60M | 517.88M |
| Income Tax Expense (Benefit) | 7.13M | 5.14M | 582.00K | 14.94M | -13.79M | 1.72M |
| Net Income (Loss) Attributable to Parent | 25.30M | 19.41M | -1.26M | 22.91M | -13.68M | 8.92M |
| Earnings Per Share, Basic | $0.09 | $0.09 | $-0.01 | $0.11 | $-0.08 | $0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 292.12M | 211.41M | 221.35M | 202.13M | 164.10M | 111.37M |
| Earnings Per Share, Diluted | $0.09 | $0.08 | $-0.01 | $0.11 | $-0.12 | $0.07 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.60B | 1.60B | 221.35M | 202.13M | 1.60B | 111.37M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 424.00M | 503.36M | 870.70M | 489.98M | 485.02M | 507.34M |
| Assets | 19.27B | 16.93B | 17.02B | 13.89B | 14.05B | 15.67B |
| Long-term Debt | 2.98B | 2.98B | 3.78B | 2.79B | 2.79B | 2.79B |
| Liabilities | 17.67B | 15.34B | 15.44B | 12.14B | 12.41B | 13.62B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.23B | 103.76M | -2.75B | 328.02M | 593.90M | -543.26M |
| Payments to Acquire Property, Plant, and Equipment | 19.06M | 21.74M | 52.31M | 41.95M | 17.76M | 8.29M |
| Net Cash Provided by (Used in) Investing Activities | 524.28M | 160.27M | 2.10B | 1.56B | 928.39M | 94.82M |
| Payments of Dividends | 26.84M | 23.43M | 55.17M | 34.57M | 15.79M | 11.31M |
| Net Cash Provided by (Used in) Financing Activities | 1.63B | -631.36M | 1.02B | -1.90B | -1.54B | 319.45M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (UWMC CIK 0001783398),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.