UWM Holdings CorpUWMC

NYSEFinanceMortgage Bankers & Loan Correspondents
Price (close)
$1.22
Market cap
$411.8M
P/E
—
Revenue (TTM)
$3.6B
Net income
-$37.1M
Dividend yield
24.59%
1-year total return
-78.5%
Net margin
-1.0%
Revenue growth
26.1%
Debt / equity
22.30x

What UWM Holdings Corp does.

Unless otherwise indicated or the context otherwise requires, when used in this Annual Report, the term “UWMC” means UWM Holdings Corporation, “UWM” means United Wholesale Mortgage, LLC and the “Company,” “we,” “our” and “us” refer to UWM Holdings Corporation and our subsidiaries.

We are the publicly traded indirect parent of United Wholesale Mortgage, LLC (“UWM”). UWM is the largest overall residential mortgage lender as well as the largest purchase lender in the U.S., by closed loan volume, despite originating loans exclusively through the wholesale channel. We originate primarily conforming and government loans across all 50 states and the District of Columbia.

Founded in 1986 and headquartered in Pontiac, Michigan, we have built a client-focused, team-oriented culture that strives to bring superior customer service, efficiency and operational stability to our clients, the Independent Mortgage Brokers. After being privately owned for 35 years, on January 21, 2021, UWM completed its business combination with Gores Holdings IV, Inc. and changed its name to UWM Holdings Corporation. We began trading on the New York Stock Exchange (“NYSE”) on January 22, 2021 under the ticker symbol “UWMC”.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$4.9B$3.0B$2.4B$2.2B$2.7B$3.2B
Net income-$5.8M$98.4M$41.7M-$13.2M$14.4M$27.4M
Free cash flow-$876,000-$10.0B$8.2B$138.8M-$6.3B-$2.7B

More on UWMC.

Figures from UWM Holdings Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.