UWM Holdings Corporation (UWMC) Financial Ratios
9 years of historical data (2017–2025) · Financial Services · Financial - Mortgages
EV/EBITDA
↓
7.59
↓-56% vs avg
5yr avg: 17.06
30Y Low2.1·High33.8
P/FCF
↑
N/A
—
5yr avg: 2.42
30Y Low0.0·High4.8
P/B Ratio
↓
0.29
↓-65% vs avg
5yr avg: 0.85
30Y Low0.1·High3.0
ROE
↓
1.5%
↓+15% vs avg
5yr avg: 1.3%
30Y Low-0%·High223%
Debt/EBITDA
↓
7.67
↓-51% vs avg
5yr avg: 15.65
30Y Low2.1·High33.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UWMC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
UWM Holdings Corporation trades at 18.5x earnings, 24% below its 5-year average of 24.5x, sitting at the 60th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 36%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $345M | $926M | $654M | $667M | $306M | $9.5B | $1.4B | — | — | — |
| Enterprise Value | $14.3B | $14.9B | $13.0B | $8.9B | $9.4B | $27.5B | $8.3B | — | — | — |
| P/E Ratio → | 18.50 | 36.50 | 45.15 | — | 7.36 | 8.97 | 0.40 | — | — | — |
| P/S Ratio | 0.11 | 0.29 | 0.34 | 0.60 | 0.14 | 3.35 | 0.28 | — | — | — |
| P/B Ratio | 0.29 | 0.58 | 0.32 | 0.27 | 0.10 | 2.99 | 0.57 | — | — | — |
| P/FCF | — | — | — | 4.80 | 0.04 | — | — | — | — | — |
| P/OCF | — | — | — | 4.03 | 0.04 | — | 24.00 | — | — | — |
P/E links to full P/E history page with 30-year chart
UWMC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
UWM Holdings Corporation's enterprise value stands at 7.6x EBITDA, 56% below its 5-year average of 17.1x. The Financial Services sector median is 11.4x, placing the stock at a 33% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.70 | 6.81 | 7.99 | 4.37 | 9.72 | 1.72 | — | — | — |
| EV / EBITDA | 7.59 | 7.89 | 33.76 | — | 9.53 | 17.04 | 2.11 | — | — | — |
| EV / EBIT | 7.79 | 19.01 | 38.66 | — | 10.04 | 17.45 | 2.46 | — | — | — |
| EV / FCF | — | — | — | 64.09 | 1.14 | — | — | — | — | — |
UWMC Profitability
Margins and return-on-capital ratios measuring operating efficiency
UWM Holdings Corporation earns an operating margin of 58.0%, significantly above the Financial Services sector average of 20.3%. Operating margins have expanded from -6.8% to 58.0% over the past 3 years, signaling improving operational efficiency. ROE of 1.5% is modest, trailing the sector median of 9.0%. ROIC of 8.9% represents adequate returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.6% | 85.6% | 72.0% | 67.8% | 84.3% | 87.7% | 95.8% | 85.1% | 100.0% | 100.0% |
| Operating Margin | 58.0% | 58.0% | 17.6% | -6.8% | 43.5% | 55.7% | 69.8% | 33.7% | 17.1% | 28.2% |
| Net Profit Margin | 0.9% | 0.9% | 0.8% | -1.2% | 1.9% | 3.5% | 69.7% | 33.7% | 18.2% | 25.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.5% | 1.5% | 0.6% | -0.5% | 1.3% | 3.6% | 222.9% | 84.7% | 33.1% | 49.2% |
| ROA | 0.2% | 0.2% | 0.1% | -0.1% | 0.2% | 0.6% | 37.3% | 8.5% | 3.5% | 5.3% |
| ROIC | 8.9% | 8.9% | 1.9% | -0.5% | 4.0% | 7.3% | 30.0% | 6.8% | 2.7% | 4.8% |
| ROCE | 19.0% | 19.0% | 6.3% | -1.4% | 16.5% | 35.6% | 70.6% | 12.0% | 6.3% | 6.4% |
UWMC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
UWM Holdings Corporation carries a Debt/EBITDA ratio of 7.7x, which is highly leveraged (80% above the sector average of 4.3x). Net debt stands at $13.9B ($14.4B total debt minus $503M cash). Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 9.06 | 9.06 | 6.25 | 3.53 | 3.08 | 5.92 | 3.46 | 8.60 | 7.88 | 7.63 |
| Debt / EBITDA | 7.67 | 7.67 | 33.38 | — | 9.94 | 11.62 | 2.07 | 10.45 | 18.41 | 10.54 |
| Net Debt / Equity | — | 8.74 | 6.01 | 3.33 | 2.86 | 5.69 | 2.94 | 8.40 | 7.74 | 7.34 |
| Net Debt / EBITDA | 7.40 | 7.40 | 32.06 | — | 9.22 | 11.17 | 1.76 | 10.21 | 18.10 | 10.13 |
| Debt / FCF | — | — | — | 59.29 | 1.10 | — | — | — | — | — |
| Interest Coverage | 1.47 | 1.47 | 0.68 | -0.24 | 3.05 | 5.18 | 20.26 | 2.53 | — | — |
UWMC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.67x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.18x to 0.67x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.67 | 0.67 | 0.09 | 0.18 | 0.16 | 0.07 | 0.19 | 12.88 | 1.12 | 12.21 |
| Quick Ratio | 0.67 | 0.67 | 0.09 | 0.18 | 0.16 | 0.07 | 0.19 | 12.88 | 1.12 | 12.21 |
| Cash Ratio | 0.16 | 0.16 | 0.05 | 0.07 | 0.09 | 0.04 | 0.15 | 0.30 | 0.02 | 0.43 |
| Asset Turnover | — | 0.19 | 0.12 | 0.09 | 0.16 | 0.13 | 0.42 | 0.19 | 0.16 | 0.21 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
UWMC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
UWM Holdings Corporation returns 100.0% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 2617.2%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 5.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 100.0% | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 2617.2% | 2617.2% | 275.9% | — | 1888.9% | 1523.2% | 58.2% | 17.5% | 5.9% | 78.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.4% | 2.7% | 2.2% | — | 13.6% | 11.1% | 249.9% | — | — | — |
| FCF Yield | — | — | — | 20.8% | 2692.5% | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 100.0% | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $211M | $111M | $93M | $92M | $1.6B | $103M | $103M | $103M | $103M |
Peer Comparison
Compare UWMC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 UWMCYou | $345M | 18.5 | 7.6 | — | 85.6% | 58.0% | 1.5% | 8.9% | 7.7 |
 RKT | $41B | -524.4 | 42.7 | — | 91.6% | 8.7% | -0.4% | 2.0% | — |
 PFSI | $4B | 8.9 | 17.9 | — | 91.4% | 34.6% | 12.3% | 4.4% | 15.3 |
 GHLD | $439M | 12.8 | 21.4 | — | 90.6% | 10.1% | 8.0% | 2.4% | 19.4 |
 LDI | $392M | -3.9 | 22.2 | — | 88.3% | 13.2% | -14.0% | 2.7% | 22.0 |
 PMT | $892M | 10.4 | 210.1 | — | 15.4% | 9.1% | 6.7% | 0.4% | 203.5 |
 WAL | $9B | 9.1 | 9.7 | — | 61.1% | 22.9% | 13.2% | 6.5% | 5.4 |
 ESNT | $5B | 8.5 | 7.0 | 6.3 | 88.2% | 65.2% | 12.1% | 10.2% | 0.6 |
 ICE | $76B | 23.2 | 14.8 | 17.7 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 CLSK | $4B | 15.4 | 7.8 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 |
 FAF | $7B | 11.4 | 7.2 | 9.2 | 95.6% | 11.1% | 11.9% | 10.7% | 1.8 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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UWMC — Frequently Asked Questions
Quick answers to the most common questions about buying UWMC stock.
What is UWM Holdings Corporation's P/E ratio?
UWM Holdings Corporation's current P/E ratio is 18.5x. The historical average is 19.7x. This places it at the 60th percentile of its historical range.
What is UWM Holdings Corporation's EV/EBITDA?
UWM Holdings Corporation's current EV/EBITDA is 7.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.1x.
What is UWM Holdings Corporation's ROE?
UWM Holdings Corporation's return on equity (ROE) is 1.5%. The historical average is 44.0%.
Is UWMC stock overvalued?
Based on historical data, UWM Holdings Corporation is trading at a P/E of 18.5x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is UWM Holdings Corporation's dividend yield?
UWM Holdings Corporation's current dividend yield is 100.00% with a payout ratio of 2617.2%.
What are UWM Holdings Corporation's profit margins?
UWM Holdings Corporation has 85.6% gross margin and 58.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does UWM Holdings Corporation have?
UWM Holdings Corporation's Debt/EBITDA ratio is 7.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.