UWM Holdings (UWMC) Non Operating Interest Expenses (2020 - 2024)
UWM Holdings' (UWMC) quarterly Non Operating Interest Expenses came in at $108.7 million in Q2 2024, up 31.8% year-over-year from $82.4 million in Q3 2023, and up 10.12% quarter-over-quarter from $98.7 million in Q1 2024.
Analysis
UWM Holdings (UWMC) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends
UWM Holdings (UWMC) has reported Non Operating Interest Expenses for 5 consecutive years, with $108.7 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 31.8% year-over-year to $108.7 million in Q2 2024; TTM through Jun 2024 was $381.9 million, a 14.4% increase from a year earlier, with the FY2023 full-year figure at $320.3 million, up 4.66% from the prior year.
- Non Operating Interest Expenses was $108.7 million for Q2 2024 at UWM Holdings, up from $98.7 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $114.9 million in Q4 2022 and troughed at $30.0 million in Q2 2020.
- A 5-year average of $72.5 million and a median of $72.9 million in 2021 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses soared 142.04% in 2021 and retreated 29.68% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $53.4 million in 2020, then surged by 66.39% to $88.8 million in 2021, then grew by 29.45% to $114.9 million in 2022, then dropped by 29.68% to $80.8 million in 2023, then soared by 34.45% to $108.7 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $108.7 million (Q2 2024), $98.7 million (Q1 2024), and $80.8 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 374.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 18.35 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 37.90 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 93.57 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | 103.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 108.65 Mn |
| Mar 31, 2024 | 98.67 Mn |
| Dec 31, 2023 | 80.81 Mn |
| Sep 30, 2023 | 93.72 Mn |
| Jun 30, 2023 | 82.44 Mn |
| Mar 31, 2023 | 63.28 Mn |
| Dec 31, 2022 | 114.92 Mn |
| Sep 30, 2022 | 73.14 Mn |
| Jun 30, 2022 | 57.56 Mn |
| Mar 31, 2022 | 60.37 Mn |
| Dec 31, 2021 | 88.77 Mn |
| Sep 30, 2021 | 90.22 Mn |
| Jun 30, 2021 | 72.67 Mn |
| Mar 31, 2021 | 52.99 Mn |
| Dec 31, 2020 | 53.35 Mn |
| Sep 30, 2020 | 40.62 Mn |
| Jun 30, 2020 | 30.03 Mn |
| Mar 31, 2020 | 43.04 Mn |