United Homes (UHGWW) Gross Margin (2022 - 2025)
United Homes (UHGWW) 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 (UHGWW) 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 45.38 Bn | 44.04 Bn | 1.70 Bn | 22.54% |
| 2 | Pultegroup | 24.44 Bn | 22.63 Bn | 881.27 Mn | 25.85% |
| 3 | Lennar | 21.94 Bn | 19.74 Bn | 6.36 Bn | 96.10% |
| 4 | Nvr | 18.01 Bn | 16.36 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 14.79 Bn | 13.70 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.87 Bn | 6.87 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.83 Bn | 5.36 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 5.11 Bn | 4.34 Bn | -269,000.00 | -0.07% |
| 9 | Cavco Industries | 4.75 Bn | 4.72 Bn | 135.92 Mn | 23.39% |
| 10 | United Homes | - | - | 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% |