United Homes (UHG) Gross Margin (2022 - 2025)

United Homes (UHG) reported Gross Margin of 17.54% for Q4 2025, up 139.0% on a YoY basis from 7.34% in Q4 2024, and down 0.77% quarter-over-quarter from 17.68% in Q3 2025.

United Homes (UHG) Gross Margin (2022 - 2025) Analysis & Trends

United Homes has reported Gross Margin for 4 years, with the latest figure at 17.54% in Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 139.0% year-over-year to 17.54%; the trailing twelve-month figure through Dec 2025 stood at 17.64% (up 42.0% YoY), and the FY2025 full-year result was 17.64%, up 42.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 17.54%, down from 17.68% in the prior quarter.
  • The five-year high for Gross Margin was 28.79% in Q2 2022, with the low at 15.96% in Q1 2024.
  • Historically, Gross Margin has averaged 19.6% across 4 years, with a median of 18.63% in 2022.
  • Annual changes were most pronounced in 2023 — Gross Margin tumbled 920 bps — and 2025, when it soared 139 bps.
  • United Homes' Gross Margin stood at 18.76% in 2022, then decreased by 1 bps to 18.51% in 2023, then declined by 13 bps to 16.15% in 2024, then rose by 9 bps to 17.54% in 2025.
  • The last three Gross Margin figures came in at 17.54% (Q4 2025), 17.68% (Q3 2025), and 18.88% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 22.54%
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 25.85%
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 96.10%
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 69.49%
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 -0.07%
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 23.39%
10 United Homes 71.62 Mn 47.20 Mn 21.64 Mn 17.54%

Historic Data

Download Data
DateValue
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%