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For the year ending 2025-12-31, UWMC has $16,928,676K in assets. $15,335,047K in debts. $503,364K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
90.59%
Unit: Thousand (K) dollars
Assets Breakdown
    • Mortgage servicing rights
    • Loans eligible for repurchase fr...
    • Cash and cash equivalents (inclu...
    • Others
Liabilities Breakdown
    • Warehouse lines of credit
    • Senior notes
    • Non-controlling interest
    • Others

Balance Sheets
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents (includes restricted cash of 21.0 million and 16.0 million, respectively)
503,364 507,339 497,468 704,898
Mortgage loans at fair value
9,932,729 9,516,537 5,449,884 7,134,960
Derivative assets
37,567 99,964 33,019 82,869
Investment securities at fair value, pledged
100,512 103,013 110,352 113,290
Accounts receivable, net
526,694 417,955 512,070 383,147
Mortgage servicing rights
4,073,781 3,969,881 4,026,136 4,453,261
Premises and equipment, net
180,199 146,199 146,417 152,477
Operating lease right-of-use asset (includes 93.4 million and 92.6 million, respectively, with related parties)
94,310 93,730 99,125 104,181
Finance lease right-of-use asset, net (includes 20.7 million and 22.7 million, respectively, with related parties)
21,247 23,193 29,111 42,218
Loans eligible for repurchase from ginnie mae
1,133,359 641,554 856,856 345,490
Other assets
324,914 151,751 111,416 83,834
Total assets
16,928,676 15,671,116 11,871,854 13,600,625
Warehouse lines of credit
8,912,496 8,697,744 4,902,090 6,443,992
Derivative liabilities
26,574 35,965 40,781 49,748
Secured lines of credit
1,200,000 500,000 750,000 750,000
Borrowings against investment securities
87,497 90,646 93,814 101,345
Accrued distributions and dividends payable
161,292 159,827 159,572 159,465
Senior notes
2,981,975 2,785,326 1,988,267 1,984,336
Loans eligible for repurchase from ginnie mae
1,133,359 641,554 856,856 345,490
Operating lease liability (includes 99.7 million and 99.2 million, respectively, with related parties)
100,596 100,376 106,024 111,332
Finance lease liability (includes 22.9 million and 24.6 million, respectively, with related parties)
23,468 25,094 30,678 43,505
Servicing fees payable
--99,694 -
Accrued compensation and benefits
--82,745 -
Derivative settlements payable
--64,777 -
Representations and warranties reserve
--62,865 -
Other accounts payable
--43,174 -
Deferred tax liability
--30,334 -
Investor payables
--25,001 -
Accrued interest and bank fees
--24,985 -
Tra liability
--15,494 -
Other accrued expenses
--12,199 -
Public and private warrants
--7,833 -
Accounts payable, accrued expenses and other
707,790 580,736 469,101 439,719
Total liabilities
15,335,047 13,617,268 9,397,183 10,428,932
Common stock, 0.0001 par value-Common Class A
27 16 10 9
Common stock, 0.0001 par value-Common Class D
133 144 150 150
Additional paid-in capital
9,910 3,523 1,702 903
Retained earnings
189,447 157,837 110,690 142,500
Non-controlling interest
1,394,112 1,892,328 2,362,119 3,028,131
Total equity
1,593,629 2,053,848 2,474,671 3,171,693
Total liabilities and equity
16,928,676 15,671,116 11,871,854 13,600,625
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

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Balance Sheets

Mortgage loans at fairvalue$9,932,729K (4.37%↑ Y/Y)Mortgage servicingrights$4,073,781K (2.62%↑ Y/Y)Loans eligible forrepurchase from ginnie mae$1,133,359K (76.66%↑ Y/Y)Accounts receivable, net$526,694K (26.02%↑ Y/Y)Cash and cashequivalents (includes...$503,364K (-0.78%↓ Y/Y)Other assets$324,914K (114.11%↑ Y/Y)Premises and equipment,net$180,199K (23.26%↑ Y/Y)Investment securities atfair value, pledged$100,512K (-2.43%↓ Y/Y)Operating leaseright-of-use asset (includes...$94,310K (0.62%↑ Y/Y)Derivative assets$37,567K (-62.42%↓ Y/Y)Finance leaseright-of-use asset, net...$21,247K (-8.39%↓ Y/Y)Total assets$16,928,676K (8.02%↑ Y/Y)Total liabilities andequity$16,928,676K (8.02%↑ Y/Y)Total liabilities$15,335,047K (12.61%↑ Y/Y)Total equity$1,593,629K (-22.41%↓ Y/Y)Warehouse lines of credit$8,912,496K (2.47%↑ Y/Y)Senior notes$2,981,975K (7.06%↑ Y/Y)Secured lines of credit$1,200,000K (140.00%↑ Y/Y)Loans eligible forrepurchase from ginnie mae$1,133,359K (76.66%↑ Y/Y)Accounts payable,accrued expenses and...$707,790K (21.88%↑ Y/Y)Accrued distributionsand dividends...$161,292K (0.92%↑ Y/Y)Operating lease liability(includes 99.7 million and...$100,596K (0.22%↑ Y/Y)Borrowings againstinvestment securities$87,497K (-3.47%↓ Y/Y)Derivative liabilities$26,574K (-26.11%↓ Y/Y)Finance lease liability(includes 22.9 million and...$23,468K (-6.48%↓ Y/Y)Non-controlling interest$1,394,112K (-26.33%↓ Y/Y)Retained earnings$189,447K (20.03%↑ Y/Y)Additional paid-in capital$9,910K (181.29%↑ Y/Y)Common stock, 0.0001par value-Common...$133K (-7.64%↓ Y/Y)Common stock, 0.0001par value-Common...$27K (68.75%↑ Y/Y)

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UWM Holdings Corp (UWMC)

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UWM Holdings Corp (UWMC)