UWMCNYSEMortgage Bankers & Loan CorrespondentsFiscal year ends December 31
UWM Holdings Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$1.06+0.01 (+0.95%)
Close on Oct 19, 2026
- Market cap
- $357.78M
- P/E (TTM)
- 8.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Net margin
0.9%+1.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.2% | +10.0% | -8.5% | – | |
| Net income | +90.1% | -13.1% | – | – | |
| EPS, diluted | -7.7% | -35.6% | – | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -0.1% | 0.2% | |
| Current ratio | 0.97 | 0.05 | – | |
| Capex to revenue | 1.3% | 1.2% | 2.3% | |
| Diluted shares | – | – | 1.60B |
Where the cash went
Fiscal 2021 to 2025, five years combined
UWM generated $27.28B from operations and spent $536.71M on capital expenditure, dividends and share buybacks. 43% of that went back into the business.
Generated
$27.28B
Used
$536.71M
Capital expenditure$231.94M43%Dividends$223.14M42%Share buybacks$81.63M15%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.1%
×Asset turnover0.86×
×Equity multiplier2305.23×
=Return on equity, FY2020-232.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2020 | -0.1% | 0.86× | 2305.23× | -232.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$27.38M
- Cash generatingOperating cash flow above zero-$2.65B
- Return on assets improvedROA up on the prior year0.1% → 0.2%
- Earnings backed by cashOperating cash flow above net income-$2.65B vs $27.38M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise111M → 1.60B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.23 → 0.20