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UWM Holdings (UWM Holdings) Revenue

: $793.7 Mil (TTM As of Dec. 2023)
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UWM Holdings's revenue for the three months ended in Dec. 2023 was $-243.1 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $793.7 Mil. UWM Holdings's Revenue per Share for the three months ended in Dec. 2023 was $-2.60. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.22.

Warning Sign:

UWM Holdings Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of UWM Holdings was -57.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -42.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, UWM Holdings's highest 3-Year average Revenue per Share Growth Rate was 24.30% per year. The lowest was -42.80% per year. And the median was -9.25% per year.


UWM Holdings Revenue Historical Data

The historical data trend for UWM Holdings's Revenue 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 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
1,068.07 4,682.77 2,529.02 1,840.66 793.69

UWM Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 Premium Member Only Premium Member Only 140.85 52.17 458.91 525.75 -243.14

Competitive Comparison

For the Mortgage Finance subindustry, UWM Holdings's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution

For the Banks industry and Financial Services sector, UWM Holdings's Revenue distribution charts can be found below:

* The bar in red indicates where UWM Holdings's Revenue falls into.



UWM Holdings Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $793.7 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


UWM Holdings Revenue Related Terms

Thank you for viewing the detailed overview of UWM Holdings's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


UWM Holdings (UWM Holdings) Business Description

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