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UWMC Financials Uwm Holdings Corp

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 8.5% per year over the past 5 years.

Financial health

  • Total debt ($3.0B) exceeds cash ($503M); net debt is $2.5B.
  • Total debt has grown faster than revenue (30.1% vs -8.5% per year).

Shareholder returns

  • Dividends have been paid for 5 consecutive years, consuming 32.2% of earnings.
Revenue & net income
-$70M $2B $5B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-3% 25% 53% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-3% 50309% 100621% 0% 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-$10B -$890M $8B $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $1B $3B 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$10B -$346M $9B $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $3.2B $244M 0.0% 0.0% 15.3% 1.4% -$2.7B $3.0B $503M
2024 $2.7B $329M 0.0% 0.0% 16.0% 2.1% -$6.3B $2.8B $507M
2023 $2.2B -$70M 0.0% 0.0% -2.8% -0.6% $139M $2.0B $497M
2022 $2.4B $932M 0.0% 0.0% 29.4% 6.9% $8.2B $2.0B $705M
2021 $3.0B $1.6B 0.0% 0.0% 49.5% 7.0% -$10.0B $2.0B $731M
2020 $4.9B -$6M 0.0% -0.1% -0.2% -0.1% -$876000 $800M $1.2B
2019 $1.3B $415M 0.0% 0.0% 62.8% 100621.3% -$3.5B $1120

Valuation over time

How the market has priced UWMC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 3.2 6.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.7 1.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 8.5 17.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is UWMC growing its revenue and profit?

Over the past 5 years, Uwm Holdings Corp's revenue has declined 8.5% per year. These are computed facts, not advice.

How much debt does UWMC have?

As of FY2025, Uwm Holdings Corp reported $3.0B of total debt against $503M of cash.

What is UWMC's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 7.7%.

What is UWMC's P/E ratio?

As of Sep '26, Uwm Holdings Corp traded at a price-to-earnings ratio of about 1.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.