UWM Holdings Corp

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $161.2m $3.0b $2.4b $1.3b $2.2b $3.2b
Operating Expenses $1.6b $1.4b $1.4b $1.4b $1.8b $2.2b
Operating Income (Loss) ($6.8m)
Additional Financial Items
Investment Income, Interest $1.1m
Other Income $0 $36.1m $23.7m ($5k) ($5.5m) ($4.4m)
Taxes, Miscellaneous $200k
Loan production income $4.6b $2.6b $982.0m $1.0b $1.5b $1.9b
Loan servicing income $288.3m $638.7m $792.1m $818.7m $636.7m $724.7m
Interest income $161.2m $331.8m $314.5m $346.2m $508.6m $537.7m
Change in fair value of mortgage servicing rights $0 ($587.8m) $284.1m ($854.1m) ($295.0m) ($1.1b)
Gain (loss) on other interest rate derivatives $0 ($215.4m) $298.1m
Other gains (losses), net ($854.1m) ($510.4m) ($757.3m)
Salaries, commissions and benefits $552.1m $697.7m $552.9m $530.2m $689.2m $851.2m
Marketing, travel, and entertainment $20.4m $62.5m $74.2m $84.5m $96.8m $106.2m
Depreciation and amortization $16.8m $35.1m $45.2m $46.1m $45.5m $50.0m
General and administrative $98.9m $133.3m $179.5m $170.4m $209.8m $264.1m
Earnings (loss) before income taxes ($5.7m) $1.6b $934.7m ($76.3m) $336.0m $250.9m
Provision (benefit) for income taxes ($81k) $9.8m $2.8m ($6.5m) $6.6m $6.9m
Basic (in shares) $100.9m $92.5m $93.2m $111.4m $211.4m
Diluted (in shares) $1.6b $92.5m $93.2m $111.4m $1.6b
Amortization $0 $0
Amortization Of Intangibles Income Statement $0 $0
Depreciation Amortization Depletion Income Statement $16.8m $35.1m $45.2m $46.1m $45.5m $50.0m
Depreciation And Amortization In Income Statement $16.8m $35.1m $45.2m $46.1m $45.5m $50.0m
Depreciation Income Statement $35.1m $45.2m
Diluted EPS ($0.12) $0.66 $0.45 ($0.14) $0.13 $0.12
Diluted NI Availto Com Stockholders ($5.8m) $98.4m $41.7m ($13.2m) $14.4m $27.4m
Gain On Sale Of Security $0 $0 ($215.4m) $298.1m
Minority Interests ($890.1m) $56.6m ($315.0m) ($216.6m)
Net Income From Continuing And Discontinued Operation ($5.8m) $98.4m $41.7m ($13.2m) $14.4m $27.4m
Net Income From Continuing Operation Net Minority Interest ($5.8m) $98.4m $41.7m ($13.2m) $14.4m $27.4m
Net Interest Income $8.5m $26.0m $17.9m $6.9m
Normalized Income $41.7m ($13.2m) $14.4m $32.2m
Other Gand A $98.9m $133.3m $179.5m $170.4m $209.8m $264.1m
Reconciled Depreciation $49.4m $50.1m $48.8m $55.5m
Restructuring And Mergern Acquisition $0 $0 $5.0m
Salaries And Wages $552.1m $697.7m $552.9m $530.2m $689.2m $851.2m
Selling General And Administration $806.6m $785.2m $995.8m $1.2b
Special Income Charges $1.8m $0 $0 $0 ($5.0m)
Tax Effect Of Unusual Items $0 $0 $0 ($136k)
Tax Provision ($81k) $9.8m $2.8m ($6.5m) $6.6m $6.9m
Tax Rate For Calcs $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($5.7m) $1.6b $934.7m ($76.3m) $336.0m $250.9m
Total Unusual Items $1.8m $0 $0 $0 ($5.0m)
Total Unusual Items Excluding Goodwill $1.8m $0 $0 $0 ($5.0m)
Pre-Tax Income ($5.7m) $1.6b $934.7m ($76.3m) $336.0m $250.9m
Net Income Continuous Operations $931.9m ($69.8m) $329.4m $244.0m
Net Income (Loss) Attributable to Parent ($5.8m) $98.4m $41.7m ($13.2m) $14.4m $27.4m
Net Income (Loss) Available to Common Stockholders, Basic $3.4b $98.4m $41.7m ($13.2m) $14.4m $27.4m
Net Income (Loss) Attributable to Noncontrolling Interest $1.5b $890.1m ($56.6m) $315.0m $216.6m
Net Income Including Noncontrolling Interests $931.9m ($69.8m) $329.4m $244.0m
Earnings Per Share, Basic $0.98 $0.45 ($0.14) $0.13 $0.13
Earnings Per Share, Diluted ($0.12) $0.66 $0.45 ($0.14) $0.13 $0.12
Weighted Average Number of Shares Outstanding, Basic 100.9m 92.5m 93.2m 111.4m 211.4m
Basic Average Shares $100.9m $92.5m $93.2m $111.4m $211.4m
Diluted Average Shares $1.6b $92.5m $93.2m $111.4m $1.6b
Weighted Average Number of Shares Outstanding, Diluted 1.6b 92.5m 93.2m 111.4m 1.6b
Other General and Administrative Expense $98.9m $133.3m $179.5m $170.4m $209.8m $264.1m
Other Nonoperating Income (Expense) $23.1m ($23.7m) $5k $5.5m $4.4m
Labor and Related Expense $552.1m $697.7m $552.9m $530.2m $689.2m $851.2m
Marketing and Advertising Expense $21.8m $29.0m $28.4m $31.7m $34.1m
Operating Lease, Expense $11.9m $12.3m
Direct loan production costs $54.5m $73.0m $90.4m $104.3m $190.3m $208.8m
Servicing costs $70.8m $109.0m $166.0m $131.8m $111.0m $145.6m
Interest Expense $167.0m $304.7m $306.0m $320.3m $490.8m $530.8m
Interest Expense Operating $490.8m $530.8m
Current Income Tax Expense (Benefit) $81k $1.5m ($687k) $95k $1.2m $121k
General And Administrative Expense $732.4m $700.7m $899.0m $1.1b
Selling And Marketing Expense $20.4m $62.5m $74.2m $84.5m $96.8m $106.2m
Total expenses $1.6b $1.4b $1.4b $1.4b $1.8b $2.2b
Income Tax Expense (Benefit) $81k $9.8m $2.8m ($6.5m) $6.6m $6.9m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.