United Homes (UHG) Gross Margin (2022 - 2025)
United Homes (UHG) posted Gross Margin of 17.54% for Q4 2025, down 0.77% on a QoQ basis from 17.68% in Q3 2025, and up 139.0% year-over-year from 7.34% in Q4 2024.
United Homes (UHG) Gross Margin (2022 - 2025) Analysis & Trends
United Homes' Gross Margin history runs 4 years deep, the most recent figure standing at 17.54% for Q4 2025.
- Quarterly Gross Margin rose 139.0% year-over-year to 17.54% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 17.64% (up 42.0% YoY) and the FY2025 annual result came in at 17.64%, up 42.0% from the prior year.
- Gross Margin was 17.54% for Q4 2025 at United Homes, down from 17.68% in the prior quarter.
- Across five years, Gross Margin topped out at 28.79% in Q2 2022 and bottomed at 15.96% in Q1 2024.
- A 4-year average of 19.6% and a median of 18.63% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 920 bps — and 2025, when it soared 139 bps.
- United Homes' Gross Margin stood at 18.76% in 2022, then dropped by 1 bps to 18.51% in 2023, then retreated by 13 bps to 16.15% in 2024, then advanced by 9 bps to 17.54% in 2025.
- Business Quant data shows UHG's Gross Margin at 17.54% in Q4 2025, 17.68% in Q3 2025, and 18.88% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 98.48% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 6.19% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 26.22% |
| 10 | United Homes | 71.62 Mn | 47.20 Mn | 21.64 Mn | 17.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.54% |
| Sep 30, 2025 | 17.68% |
| Jun 30, 2025 | 18.88% |
| Mar 31, 2025 | 16.24% |
| Dec 31, 2024 | 16.15% |
| Sep 30, 2024 | 18.87% |
| Jun 30, 2024 | 17.89% |
| Mar 31, 2024 | 15.96% |
| Dec 31, 2023 | 18.51% |
| Sep 30, 2023 | 19.85% |
| Jun 30, 2023 | 19.59% |
| Mar 31, 2023 | 17.69% |
| Dec 31, 2022 | 18.76% |
| Sep 30, 2022 | 26.06% |
| Jun 30, 2022 | 28.79% |
| Mar 31, 2022 | 25.15% |