← UWM Holdings Corp
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying Value | $1k | $51k | $731.1m | $704.9m | $497.5m | $507.3m | $503.4m | |
| Accounts Receivable | — | $253.6m | $415.7m | $383.1m | $512.1m | $418.0m | $526.7m | |
| Cash and cash equivalents (includes restricted cash of $21.0 million and $16.0 million, respectively) | $1k | $51k | $731.1m | $704.9m | $497.5m | $507.3m | $503.4m | |
| Cash And Cash Equivalents | — | — | — | $704.9m | $497.5m | $507.3m | $503.4m | |
| Other Receivables | — | — | $57.0m | $42.2m | $29.1m | — | — | |
| Prepaid Assets | — | — | $54.5m | $162.9m | $177.0m | — | — | |
| Assets, Current | $412k | $234k | — | — | — | — | — | |
| Property, Plant and Equipment, Net | — | — | $151.7m | $152.5m | $146.4m | $146.2m | $180.2m | |
| Goodwill And Other Intangible Assets | — | — | — | $4.5b | $4.0b | $4.0b | $4.1b | |
| Other Intangible Assets | — | — | — | $4.5b | $4.0b | $4.0b | $4.1b | |
| Operating Lease, Right-of-Use Asset | — | — | $104.8m | $104.2m | $99.1m | $93.7m | $94.3m | |
| Operating lease right-of-use asset (includes $93.4 million and $92.6 million, respectively, with related parties) | — | $93.1m | $104.8m | $104.2m | $99.1m | $93.7m | $94.3m | |
| Finance lease right-of-use asset, net (includes $20.7 million and $22.7 million, respectively, with related parties) | — | $22.9m | $57.0m | $42.2m | $29.1m | $23.2m | $21.2m | |
| Other assets | — | $58.0m | $60.1m | $83.8m | $111.4m | $151.8m | $324.9m | |
| Additional Financial Items | ||||||||
| Accrued Liabilities, Current | — | $3.9m | — | — | — | — | — | |
| Mortgage loans at fair value | — | $7.9b | $17.5b | $7.1b | $5.4b | $9.5b | $9.9b | |
| Derivative assets | — | $61.1m | $67.4m | $82.9m | $33.0m | $100.0m | $37.6m | |
| Investment securities at fair value, pledged | — | $0 | $152.3m | $113.3m | $110.4m | $103.0m | $100.5m | |
| Mortgage servicing rights | — | $1.8b | $3.3b | $4.5b | $4.0b | $4.0b | $4.1b | |
| Premises and equipment, net | — | $107.6m | $151.7m | $152.5m | $146.4m | $146.2m | $180.2m | |
| Loans eligible for repurchase from Ginnie Mae | — | — | $563.4m | $345.5m | $856.9m | $641.6m | $1.1b | |
| Warehouse lines of credit | — | $6.9b | $16.0b | $6.4b | $4.9b | $8.7b | $8.9b | |
| Derivative liabilities | — | $66.2m | $36.7m | $49.7m | $40.8m | $36.0m | $26.6m | |
| Secured lines of credit | — | $320.3m | $0 | $750.0m | $750.0m | $500.0m | $1.2b | |
| Borrowings against investment securities | — | $0 | $118.8m | $101.3m | $93.8m | $90.6m | $87.5m | |
| Senior notes | — | $789.3m | $2.0b | $2.0b | $2.0b | $2.8b | $3.0b | |
| Operating lease liability (includes $99.7 million and $99.2 million, respectively, with related parties) | — | $104.5m | $112.2m | $111.3m | $106.0m | $100.4m | $100.6m | |
| Finance lease liability (includes $22.9 million and $24.6 million, respectively, with related parties) | — | $23.1m | $58.0m | $43.5m | $30.7m | $25.1m | $23.5m | |
| Non-controlling interest | — | $0 | $3.0b | $3.0b | $2.4b | $1.9b | $1.4b | |
| Accumulated Depreciation | — | — | — | ($73.9m) | ($106.9m) | ($145.7m) | ($177.6m) | |
| Available For Sale Securities | — | — | — | $113.3m | $110.4m | $103.0m | $100.5m | |
| Capital Lease Obligations | — | — | — | $154.8m | $136.7m | $125.5m | $124.1m | |
| Construction In Progress | — | — | — | $1.3m | $8.6m | $6.1m | $31.1m | |
| Current Accrued Expenses | — | — | — | $79.7m | $94.9m | $127.7m | $117.7m | |
| Current Debt | — | — | — | $750.0m | $750.0m | $500.0m | $1.2b | |
| Current Debt And Capital Lease Obligation | — | — | — | $750.0m | $750.0m | $500.0m | $1.2b | |
| Derivative Product Liabilities | — | — | — | $51.5m | $48.6m | $38.7m | $26.6m | |
| Gross PPE | — | — | — | $372.7m | $381.5m | $408.9m | $473.3m | |
| Invested Capital | — | — | — | $3.0b | $2.9b | $3.5b | $4.5b | |
| Investments And Advances | — | — | — | $113.3m | $110.4m | $103.0m | $100.5m | |
| Leases | — | — | — | $160.9m | $163.5m | $164.2m | $168.2m | |
| Line Of Credit | — | — | — | $750.0m | $750.0m | $500.0m | $1.2b | |
| Long Term Capital Lease Obligation | — | — | — | $154.8m | $136.7m | $125.5m | $124.1m | |
| Long Term Provisions | — | — | — | $60.5m | $62.9m | $87.6m | $102.3m | |
| Machinery Furniture Equipment | — | — | — | $64.1m | $81.2m | $121.7m | $158.5m | |
| Net Debt | — | — | — | $2.1b | $2.3b | $2.9b | $3.8b | |
| Net PPE | — | — | — | $298.9m | $274.7m | $263.1m | $295.8m | |
| Net Tangible Assets | — | — | — | ($4.3b) | ($3.9b) | ($3.8b) | ($3.9b) | |
| Non Current Deferred Liabilities | — | — | — | $53.4m | $45.8m | $82.7m | $202.0m | |
| Ordinary Shares Number | — | — | — | $92.6m | $93.7m | $157.9m | $268.4m | |
| Other Payable | — | — | — | $105.6m | $90.0m | $105.1m | $48.9m | |
| Other Properties | — | — | — | $146.4m | $128.2m | $116.9m | $115.6m | |
| Share Issued | — | — | — | $92.6m | $93.7m | $157.9m | $268.4m | |
| Tangible Book Value | — | — | — | ($4.3b) | ($3.9b) | ($3.8b) | ($3.9b) | |
| Total equity | — | $2.4b | $3.2b | $3.2b | $2.5b | $2.1b | $1.6b | |
| Total Capitalization | — | — | — | $2.2b | $2.2b | $3.0b | $3.3b | |
| Total Debt | — | — | — | $3.0b | $3.0b | $3.5b | $4.4b | |
| Assets | $412k | $425.6m | $22.5b | $13.6b | $11.9b | $15.7b | $16.9b | |
| Total assets | $412k | $425.6m | $22.5b | $13.6b | $11.9b | $15.7b | $16.9b | |
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Dividends Payable | — | — | $9 | $159 | $160 | $160 | $161 | |
| Accounts payable, accrued expenses and other | — | $847.7m | $1.1b | $439.7m | $469.1m | $580.7m | $707.8m | |
| Accrued distributions and dividends payable | — | $0 | $9.2m | $159.5m | $159.6m | $159.8m | $161.3m | |
| Accounts Payable | — | — | — | $138.7m | $167.6m | $174.8m | $236.9m | |
| Payables And Accrued Expenses | — | — | — | $483.5m | $512.1m | $567.4m | $564.8m | |
| Liabilities, Current | $426k | $5.2m | — | — | — | — | — | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | $4.2m | $5.1m | |
| Long-term Debt | — | — | $2.0b | $2.0b | $2.0b | $2.8b | $3.0b | |
| Long Term Debt And Capital Lease Obligation | — | — | — | $2.2b | $2.2b | $3.0b | $3.2b | |
| Non Current Deferred Taxes Liabilities | — | — | — | $53.4m | $45.8m | $82.7m | $202.0m | |
| Deferred Tax Liabilities, Net | — | — | $32.4m | $36.3m | $30.3m | — | — | |
| Liabilities | $426k | $20.1m | $19.4b | $10.4b | $9.4b | $13.6b | $15.3b | |
| Total liabilities | $426k | $20.1m | $19.4b | $10.4b | $9.4b | $13.6b | $15.3b | |
| Stockholders’ equity: | ||||||||
| Preferred Stock, Value, Issued | — | — | $0 | $0 | $0 | $0 | $0 | |
| Additional Paid in Capital | — | $24.8m | $437k | $903k | $1.7m | $3.5m | $9.9m | |
| Retained Earnings (Accumulated Deficit) | ($39k) | ($5.8m) | $141.8m | $142.5m | $110.7m | $157.8m | $189.4m | |
| Additional Paid in Capital, Common Stock | $24k | $10.8m | — | — | — | — | — | |
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of December 31, 2025 or December 31, 2024 | — | — | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value | $1k | $1k | $159k | $159k | $160k | $160k | $160k | |
| Capital Stock | — | — | — | $159k | $160k | $160k | $160k | |
| Preferred Stock | — | — | — | $0 | $0 | $0 | $0 | |
| Stockholders' Equity Attributable to Parent | ($14k) | $5.0m | — | — | — | — | — | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | $3.0b | $3.0b | $2.4b | $1.9b | $1.4b | |
| Minority Interest | — | — | — | $3.0b | $2.4b | $1.9b | $1.4b | |
| Total Equity Gross Minority Interest | — | — | — | $3.2b | $2.5b | $2.1b | $1.6b | |
| Liabilities and Equity | $412k | $425.6m | $22.5b | $13.6b | $11.9b | $15.7b | $16.9b | |
| Total liabilities and equity | $412k | $425.6m | $22.5b | $13.6b | $11.9b | $15.7b | $16.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.