United Homes (UHG) Operating Margin (2022 - 2025)
United Homes (UHG) reported Operating Margin of 1.32% for Q4 2025, down 49.0% on a YoY basis from 2.58% in Q4 2024, and up 178.41% quarter-over-quarter from 1.68% in Q3 2025.
United Homes (UHG) Operating Margin (2022 - 2025) Analysis & Trends
United Homes has reported Operating Margin for 4 years, with the latest figure at 1.32% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin fell 49.0% year-over-year to 1.32%; the trailing twelve-month figure through Dec 2025 stood at 0.01% (down 111.0% YoY), and the FY2025 full-year result was 0.01%, down 111.0% from the prior year.
- Operating Margin for Q4 2025 stood at 1.32%, up from 1.68% in the prior quarter.
- The five-year high for Operating Margin was 18.12% in Q2 2022, with the low at 2.34% in Q1 2025.
- Historically, Operating Margin has averaged 4.59% across 4 years, with a median of 2.26% in 2023.
- Annual changes were most pronounced in 2023 — Operating Margin sank 1544 bps — and 2025, when it soared 184 bps.
- United Homes' Operating Margin stood at 9.38% in 2022, then tumbled by 71 bps to 2.72% in 2023, then tumbled by 34 bps to 1.8% in 2024, then retreated by 27 bps to 1.32% in 2025.
- The last three Operating Margin figures came in at 1.32% (Q4 2025), 1.68% (Q3 2025), and 1.8% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 10.58% |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 14.70% |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | -0.64% |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 61.14% |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 13.69% |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 16.70% |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 8.72% |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -13.63% |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 9.39% |
| 10 | United Homes | 71.62 Mn | 47.20 Mn | 21.64 Mn | 1.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | -1.68% |
| Jun 30, 2025 | 1.80% |
| Mar 31, 2025 | -2.34% |
| Dec 31, 2024 | 1.80% |
| Sep 30, 2024 | 3.11% |
| Jun 30, 2024 | -0.03% |
| Mar 31, 2024 | -0.95% |
| Dec 31, 2023 | 2.72% |
| Sep 30, 2023 | 4.31% |
| Jun 30, 2023 | 6.21% |
| Mar 31, 2023 | 0.10% |
| Dec 31, 2022 | 9.38% |
| Sep 30, 2022 | 14.11% |
| Jun 30, 2022 | 18.12% |
| Mar 31, 2022 | 15.54% |