UWM Holdings Corp (UWMC) - Net Assets
Based on the latest financial reports, UWM Holdings Corp (UWMC) has net assets worth $1.60 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.27 Billion) and total liabilities ($17.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check UWMC capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.60 Billion |
| % of Total Assets | 8.31% |
| Annual Growth Rate | 27.16% |
| 5-Year Change | -49.75% |
| 10-Year Change | N/A |
| Growth Volatility | 89.96 |
UWM Holdings Corp - Net Assets Trend (2017–2025)
This chart illustrates how UWM Holdings Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of UWM Holdings Corp.
Annual Net Assets for UWM Holdings Corp (2017–2025)
The table below shows the annual net assets of UWM Holdings Corp from 2017 to 2025. Also explore UWM Holdings Corp net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | -22.41% |
| 2024-12-31 | $2.05 Billion | -17.01% |
| 2023-12-31 | $2.47 Billion | -21.98% |
| 2022-12-31 | $3.17 Billion | 0.00% |
| 2021-12-31 | $3.17 Billion | +33.59% |
| 2020-12-31 | $2.37 Billion | +259.02% |
| 2019-12-31 | $661.32 Million | +107.28% |
| 2018-12-31 | $319.05 Million | +36.87% |
| 2017-12-31 | $233.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UWM Holdings Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $189.45 Million | 94.95% |
| Common Stock | $160.00K | 0.08% |
| Other Components | $9.91 Million | 4.97% |
| Total Equity | $199.52 Million | 100.00% |
UWM Holdings Corp Competitors by Market Cap
The table below lists competitors of UWM Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evolent Health Inc
NYSE:EVH
|
$427.43 Million |
|
Curro Hol
JSE:COH
|
$427.54 Million |
|
CellaVision AB
ST:CEVI
|
$427.63 Million |
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD
|
$427.95 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$427.42 Million |
|
Gray Television Inc
NYSE:GTN
|
$427.35 Million |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
$427.30 Million |
|
Brightstar Resources Ltd
AU:BTR
|
$427.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UWM Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 161,520,000 to 199,517,000, a change of 37,997,000 (23.5%).
- Net income of 27,380,000 contributed positively to equity growth.
- Dividend payments of 716,595,000 reduced retained earnings.
- Other factors increased equity by 727,212,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $27.38 Million | +13.72% |
| Dividends Paid | $716.60 Million | -359.16% |
| Other Changes | $727.21 Million | +364.49% |
| Total Change | $- | 23.52% |
Book Value vs Market Value Analysis
This analysis compares UWM Holdings Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.56x to 1.34x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.26 | $1.26 | x |
| 2018-12-31 | $3.09 | $1.26 | x |
| 2019-12-31 | $6.41 | $1.26 | x |
| 2020-12-31 | $23.03 | $1.26 | x |
| 2021-12-31 | $34.62 | $1.26 | x |
| 2022-12-31 | $1.55 | $1.26 | x |
| 2023-12-31 | $1.21 | $1.26 | x |
| 2024-12-31 | $1.45 | $1.26 | x |
| 2025-12-31 | $0.94 | $1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UWM Holdings Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.72%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 84.85x
- Recent ROE (13.72%) is below the historical average (36.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 49.16% | 25.15% | 0.21x | 9.32x | $91.29 Million |
| 2018 | 28.62% | 18.18% | 0.16x | 9.65x | $59.41 Million |
| 2019 | 62.76% | 33.68% | 0.19x | 10.06x | $348.92 Million |
| 2020 | 142.46% | 69.75% | 0.42x | 4.84x | $3.15 Billion |
| 2021 | 3.10% | 3.47% | 0.21x | 4.29x | $-218.72 Million |
| 2022 | 29.06% | 1.94% | 0.16x | 94.74x | $27.36 Million |
| 2023 | -11.75% | -1.19% | 0.09x | 105.48x | $-24.49 Million |
| 2024 | 8.92% | 0.76% | 0.12x | 97.02x | $-1.75 Million |
| 2025 | 13.72% | 0.87% | 0.19x | 84.85x | $7.43 Million |
Industry Comparison
This section compares UWM Holdings Corp's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $972,752,975
- Average return on equity (ROE) among peers: -50.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UWM Holdings Corp (UWMC) | $1.60 Billion | 49.16% | 11.03x | $427.42 Million |
| Better Home & Finance Holding Company (BETR) | $122.60 Million | -437.54% | 6.39x | $174.03 Million |
| Better Home & Finance Holding Company (BETR) | $676.44 Million | -44.52% | 3.88x | $430.66 Million |
| Beeline Holdings, Inc. (BLNE) | $18.75 Million | -48.25% | 0.41x | $30.80 Million |
| CNFinance Holdings Ltd (CNF) | $6.34 Billion | 1.81% | 0.93x | $12.48 Million |
| Mr. Cooper Group Inc (COOP) | $696.35 Million | 2.73% | 0.06x | $13.49 Billion |
| Greystone Housing Impact Investors LP (GHI) | $320.92 Million | 7.41% | 1.94x | $135.48 Million |
| Guild Holdings Co (GHLD) | $440.94 Million | 16.63% | 3.62x | $1.25 Billion |
| Income Opportunity Realty Investors (IOR) | $62.20 Million | 3.86% | 0.62x | $72.78 Million |
| Loandepot Inc (LDI) | $506.61 Million | -19.41% | 11.52x | $169.94 Million |
| Onity Group Inc. (ONIT) | $545.70 Million | 14.46% | 4.62x | $267.38 Million |
About UWM Holdings Corp
UWM Holdings Corporation engages in the origination, sale, and servicing residential mortgage lending in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. The company was founded in 1986 and is headquartered in Pontiac, Michigan.