UWM Holdings (UWMC) Net Margin (2020 - 2026)
UWM Holdings' (UWMC) quarterly Net Margin came in at 18.9% in Q1 2026, up 5917.0% year-on-year from 0.31% in Q1 2025, and up 8.62% on a QoQ basis from 17.4% in Q4 2025.
UWM Holdings (UWMC) Net Margin (2020 - 2026) Analysis & Trends
UWM Holdings (UWMC) has 7 years of Net Margin data on file, last reported at 18.9% in Q1 2026.
- On a quarterly basis, Net Margin rose 5917.0% year-over-year to 18.9% in Q1 2026; TTM through Mar 2026 was 19.18%, a 2281.0% increase from a year earlier, with the FY2025 full-year figure at 7.72%, down 460.0% from the prior year.
- Net Margin for Q1 2026 stood at 18.9%, up from 17.4% in the prior quarter.
- Over the last five years, Net Margin for UWMC reached as high as 55.16% in Q1 2022 and fell as low as 85.95% in Q1 2023.
- Historically, Net Margin has averaged 8.67% across 5 years, with a median of 17.4% in 2025.
- Across the five-year window, Net Margin plunged 14111 bps in 2023 and surged 11678 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 20.66% in 2022, then tumbled by 202 bps to 62.33% in 2023, then surged by 109 bps to 5.64% in 2024, then surged by 209 bps to 17.4% in 2025, then climbed by 9 bps to 18.9% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 18.9% in Q1 2026, 17.4% in Q4 2025, and 1.43% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 10.10% |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 1.18% |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 0.33% |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 15.11% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 5.95% |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -22.22% |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 18.90% |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -44.13% |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 34.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.90% |
| Dec 31, 2025 | 17.40% |
| Sep 30, 2025 | 1.43% |
| Jun 30, 2025 | 41.45% |
| Mar 31, 2025 | -40.27% |
| Dec 31, 2024 | 5.64% |
| Sep 30, 2024 | 4.28% |
| Jun 30, 2024 | 12.26% |
| Mar 31, 2024 | 30.83% |
| Dec 31, 2023 | -62.33% |
| Sep 30, 2023 | 44.45% |
| Jun 30, 2023 | 38.94% |
| Mar 31, 2023 | -85.95% |
| Dec 31, 2022 | -20.66% |
| Sep 30, 2022 | 47.59% |
| Jun 30, 2022 | 38.18% |
| Mar 31, 2022 | 55.16% |
| Dec 31, 2021 | 39.61% |
| Sep 30, 2021 | 47.78% |
| Jun 30, 2021 | 28.62% |