UWM Holdings (UWM Holdings) Net Margin % : 2.08% (As of Mar. 2024)

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What is UWM Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. UWM Holdings's Net Income for the three months ended in Mar. 2024 was $9 Mil. UWM Holdings's Revenue for the three months ended in Mar. 2024 was $420 Mil. Therefore, UWM Holdings's net margin for the quarter that ended in Mar. 2024 was 2.08%.

The historical rank and industry rank for UWM Holdings's Net Margin % or its related term are showing as below:

UWMC' s Net Margin % Range Over the Past 10 Years
Min: -1.67 Med: 3.89 Max: 72.23
Current: 0.64

UWMC's Net Margin % is ranked worse than
94.65% of 1459 companies
in the Banks industry
Industry Median: 25.06 vs UWMC: 0.64

UWM Holdings Net Margin % Historical Data

The historical data trend for UWM Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UWM Holdings Net Margin % Chart

UWM Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

38.86

72.23

3.89

2.27

-1.67

UWM Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial													-22.89	1.65	3.47	11.14	2.08

Competitive Comparison of UWM Holdings's Net Margin %

For the Mortgage Finance subindustry, UWM Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

UWM Holdings's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, UWM Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where UWM Holdings's Net Margin % falls into.

UWM Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

UWM Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-13.23	/	793.693
	=	-1.67 %

UWM Holdings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	8.73	/	419.99
	=	2.08 %

UWM Holdings (NYSE:UWMC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

UWM Holdings Net Margin % Related Terms

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UWM Holdings (UWM Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UWM Holdings Corp (NYSE:UWMC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard East, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp engages in the origination, sale and servicing of residential mortgage loans. The company provides independent mortgage advisors across the states and the district of Columbia.

Executives

Robert Verdun	director	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Stacey Coopes	director	C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Kelly Czubak	director	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Alex Elezaj	director, officer: EVP, Chief Strategy Officer	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Laura Lawson	director, officer: EVP, Chief People Officer	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Andrew Hubacker	officer: CAO	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Tim Forrester	officer: EVP and CFO	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Melinda Wilner	director, officer: EVP, COO	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Ishbia Mat	director, 10 percent owner, officer: President and CEO	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Sfs Holding Corp	director, 10 percent owner	585 SOUTH BLVD E, PONTIAC MI 48341
Justin Ishbia	director	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Jeff Ishbia	director, 10 percent owner	C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Isiah Iii Thomas	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Jeffrey Gene Rea	director	C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Gores Sponsor Iv Llc	director, 10 percent owner	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212