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
DateValue
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%