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UWM Holdings (UWM Holdings) Selling, General, & Admin. Expense : $826 Mil (TTM As of Mar. 2024)


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What is UWM Holdings Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. UWM Holdings's selling, general, & admin. expense for the three months ended in Mar. 2024 was $214 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $826 Mil.


UWM Holdings Selling, General, & Admin. Expense Historical Data

The historical data trend for UWM Holdings's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UWM Holdings Selling, General, & Admin. Expense Chart

UWM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
486.68 671.37 893.49 806.60 785.17

UWM Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 172.83 205.66 200.35 206.32 214.16

Competitive Comparison of UWM Holdings's Selling, General, & Admin. Expense

For the Mortgage Finance subindustry, UWM Holdings's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UWM Holdings's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, UWM Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where UWM Holdings's Selling, General, & Admin. Expense falls into.



UWM Holdings Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $826 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UWM Holdings  (NYSE:UWMC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


UWM Holdings Selling, General, & Admin. Expense Related Terms

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UWM Holdings (UWM Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
585 South Boulevard East, Pontiac, MI, USA, 48341
UWM Holdings Corp engages in the origination, sale and servicing of residential mortgage loans. The company provides independent mortgage advisors across the states and the district of Columbia.
Executives
Robert Verdun director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Stacey Coopes director C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Kelly Czubak director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Alex Elezaj director, officer: EVP, Chief Strategy Officer C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Laura Lawson director, officer: EVP, Chief People Officer C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Andrew Hubacker officer: CAO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Tim Forrester officer: EVP and CFO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Melinda Wilner director, officer: EVP, COO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Ishbia Mat director, 10 percent owner, officer: President and CEO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Sfs Holding Corp director, 10 percent owner 585 SOUTH BLVD E, PONTIAC MI 48341
Justin Ishbia director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Jeff Ishbia director, 10 percent owner C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Isiah Iii Thomas director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Jeffrey Gene Rea director C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Gores Sponsor Iv Llc director, 10 percent owner 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212