NYSE · Financial Statements

UWM Holdings Corporation (UWMC) Financial Statements

$1.45 NYSE: UWMC Market Cap $2.20B

UWM Holdings Corporation most recently reported annual revenue of $3.2B, net profit of $27.0M. Revenue declined at an average annual rate of 8.2% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

UWM Holdings Corporation: Revenue rose from $456.0M in 2017 to $3.2B in 2025, a change of +593.2% over 8 years; net profit was positive in 8 of 9 reported years; operating margin moved from 28.2% to 58.0%, a shift of +29.8 percentage points; the most recent year shows net profit of $27.0M.

Income Statement — 9 Years (USD millions)

Metric201720182019202020212022202320242025
Revenue$456.0M$502.0M$1.2B$4.8B$2.8B$2.1B$1.1B$1.9B$3.2B
Operating Expenses$327.0M$416.0M$817.0M$1.5B$1.3B$1.2B$1.2B$1.6B$1.3B
Operating Profit$128.0M$86.0M$415.0M$3.4B$1.6B$935.0M$-76.0M$336.0M$1.8B
Operating Margin28.2%17.1%33.7%69.8%55.7%43.5%-6.8%17.6%58.0%
Other Income$-83.0M$-82.0M$0$0$0$0$0$0$-1.6B
Interest$0$0$164.0M$167.0M$305.0M$306.0M$320.0M$491.0M$531.0M
Depreciation$40.0M$51.0M$129.0M$571.0M$38.0M$49.0M$50.0M$49.0M$50.0M
Profit Before Tax$115.0M$91.0M$415.0M$3.4B$1.6B$935.0M$-76.0M$336.0M$251.0M
Tax$320,000$60,000$0$70,000$620,000$300,000$8.5M$2.0M$2.7M
Net Profit$115.0M$91.0M$415.0M$3.4B$98.0M$42.0M$-13.0M$14.0M$27.0M
EPS$1.11$0.89$4.03$32.81$0.66$0.45$-0.14$0.13$0.12
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$619.0M$-162.0M$519.0M$449.0M$459.0M$479.0M$162.0M$785.0M$471.0M$945.0M$901.0M$888.0M
Operating Expenses$318.0M$306.0M$334.0M$372.0M$427.0M$436.0M$422.0M$455.0M$458.0M$386.0M$571.0M$839.0M
Operating Profit$302.0M$-468.0M$184.0M$77.0M$32.0M$42.0M$-261.0M$329.0M$13.0M$560.0M$331.0M$49.0M
Operating Margin48.7%288.6%35.5%17.2%7.0%8.8%-161.4%42.0%2.7%59.2%36.7%5.5%
Interest$94.0M$81.0M$99.0M$109.0M$141.0M$142.0M$120.0M$133.0M$132.0M$145.0M$141.0M$159.0M
Profit Before Tax$302.0M$-468.0M$184.0M$77.0M$32.0M$42.0M$-261.0M$329.0M$13.0M$170.0M$178.0M$-473.0M
Tax$240,000$1.6M$2.0M$1.0M$1.1M$4.1M$5.3M$4.5M$4.6M$3.0M$4.0M$4.4M
Net Profit$18.0M$-27.0M$9.0M$3.0M$-6.0M$9.0M$-14.0M$23.0M$-1.0M$19.0M$25.0M$-81.0M
EPS$0.20$-0.29$0.09$0.03$-0.06$0.07$-0.09$0.11$-0.01$0.08$0.09$-0.24

Over the 9 years reported for UWM Holdings Corporation, borrowings increased from $1.8B in 2017 to $14.4B in 2025, cash stood at $503.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 0.67 times.

Balance Sheet — 9 Years (USD millions)

Metric201720182019202020212022202320242025
Total Assets$2.2B$3.1B$6.7B$11.5B$22.5B$13.6B$11.9B$15.7B$16.9B
Current Assets$2.0B$2.7B$5.8B$1.5B$1.2B$1.3B$1.2B$925.0M$2.2B
Cash$69.0M$42.0M$133.0M$1.2B$731.0M$705.0M$497.0M$507.0M$503.0M
Inventory$0$0$0$0$0$0$0$0$0
Receivables$0$0$23.0M$254.0M$416.0M$383.0M$512.0M$418.0M$1.7B
Fixed Assets$1.0M$49.0M$141.0M$224.0M$314.0M$299.0M$275.0M$263.0M$296.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0
Investments$0$0$0$8.0B$17.1B$7.3B$5.6B$9.7B$10.1B
Other Assets$0$0$0$0$0$0$0$0$0
Total Liabilities$1.9B$2.8B$6.0B$9.1B$19.4B$10.4B$9.4B$13.6B$15.3B
Current Liabilities$160.0M$2.4B$448.0M$8.1B$17.0B$7.8B$6.8B$10.1B$3.2B
Borrowings$1.8B$2.5B$5.7B$8.2B$18.8B$9.8B$8.7B$12.8B$14.4B
Other Liabilities$160.0M$248.0M$305.0M$914.0M$570.0M$649.0M$669.0M$777.0M$896.0M
Equity$0$0$0$0$0$0$0$0$0
Reserves$233.0M$319.0M$661.0M$2.4B$142.0M$144.0M$113.0M$162.0M$200.0M

For UWM Holdings Corporation, operating cash flow was positive in 3 of 9 reported years; free cash flow in the latest year was negative at $2.7B; free cash flow was positive in 2 of 9 years.

Cash Flow Statement — 9 Years (USD millions)

Metric201720182019202020212022202320242025
Operating Cash Flow$-755.0M$-926.0M$-3.5B$56.0M$-10.0B$8.3B$165.0M$-6.2B$-2.6B
Investing Cash Flow$203.0M$117.0M$561.0M$175.0M$134.0M$1.3B$1.8B$2.6B$2.2B
Financing Cash Flow$0$0$0$-151.0M$790.0M$0$-602.0M$-722.0M$0
Net Cash Flow$69.0M$-27.0M$91.0M$1.1B$-493.0M$-26.0M$-207.0M$10.0M$-4.0M
Free Cash Flow$-755.0M$-979.0M$-3.5B$-1.0M$-10.0B$8.2B$139.0M$-6.3B$-2.7B

Valuation & Return Ratios

MetricValue
PEG Ratio0.03
EV / EBITDA21.86
FCF Yield-251.71%
Quick Ratio1.00
Interest Coverage1.65
Return 1Y-55.91%
Return 3Y-62.42%
Return 5Y-63.76%

UWM Holdings Corporation (UWMC) financials — frequently asked questions

What is UWM Holdings Corporation's annual revenue?

UWM Holdings Corporation (UWMC) reported annual revenue of $3.2B in its most recent fiscal year.

What is UWM Holdings Corporation's net profit?

UWM Holdings Corporation (UWMC) reported net profit of $27.0M in its most recent fiscal year.

What is UWMC EV/EBITDA?

UWM Holdings Corporation's enterprise value to EBITDA (EV/EBITDA) ratio is 21.86.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Financial Services StocksLow P/E Financial Services StocksHigh Net Margin Financial Services StocksDividend Financial Services StocksLow Debt Financial Services StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNYSE High ROE StocksAll stock screens
UWMC Overview UWMC Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.