UWMCUWM Holdings Corp
Mortgage Bankers & Loan Correspondents
- Revenue
- $3.2B
- 18% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.5B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-11× net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-3% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.0B | $2.4B | $2.2B | $2.7B | $3.2B | 18% |
| Net income | $1.6B | $932M | −$70M | $329M | $244M | 26% |
| Operating cash flow | −$10.0B | $8.3B | $165M | −$6.2B | −$2.6B | 58% |
| Capex | $65M | $27M | $26M | $39M | $74M | 88% |
| Stock-based comp | $6M | $8M | $14M | $25M | $50M | 105% |
| Buybacks | $82M | $0 | $0 | — | — | |
| Dividends | $31M | $37M | $37M | $40M | $79M | 98% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $5M · 2
- Net
- −$5M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $9M | 51 | 165 |
| FY2024 | $13M | $13M | 63 | 131 |
| FY2023 | $12M | $13M | 77 | 122 |
| FY2022 | $7M | $7M | 33 | 86 |
| FY2021 | $8M | $8M | 54 | 108 |