UWM Holdings Corp

Mortgage Bankers & Loan Correspondents·PONTIAC, MI·FY end 12/31·CIK 1783398

CEO Pay Ratio

233:1

Mat Ishbia

CEO Total Comp

$10.0M

Mat Ishbia

Median Employee

$42,668

Revenue

$3.2B

FY 2025

Net Income

$27.4M

FY 2025

Free Cash Flow

-$2.7B

FY 2025

Net Margin

0.9%

Insider Net (180d)

-$173.6M

0 buys / 51 sales

CEO Pay Accountability

CEO comp as % of net income

36.38%

For every $1,000 of profit, $363.82 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$3.2B	$2.2B	$1.3B	$2.4B	$3.0B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$27.4M	$14.4M	-$13.2M	$41.7M	$98.4M
Operating CF	-$2.6B	-$6.2B	$165.2M	$8.3B	-$10.0B
Capex	$74.0M	$39.5M	$26.4M	$26.6M	$65.4M
Free Cash Flow	-$2.7B	-$6.3B	$138.8M	$8.2B	-$10.0B
Buybacks	—	—	$0	$0	$81.6M
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	0.9%	0.7%	-1.0%	1.8%	3.3%
FCF Margin	-86.1%	-290.3%	10.6%	347.4%	-337.4%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	2.7%	2.0%	8.5%	0.3%	0.6%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	0.0%	0.0%	-0.8%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Mat IshbiaChief Executive Officer	$600.0K	$1.1M	—	$5.3M	$3.0M	$10.0M
Melinda WilnerEVP, Chief Operating Officer	$428.0K	$6.9M	—	$2.4M	$5.0K	$9.7M
Alex ElezajEVP, Chief Strategy Officer	$393.0K	$6.8M	—	$2.4M	$2.5K	$9.6M
Laura LawsonEVP, Chief People Officer	$319.0K	$63.3K	—	$977.7K	$12.3K	$1.4M
Rami HasaniEVP, Chief Financial Officer	$321.0K	$566.3K	—	$441.1K	$5.0K	$1.3M
Andrew HubackerFormer EVP, Chief Financial Officer & Chief Accounting Officer	$380.0K	$63.3K	—	$297.1K	$18.7K	$759.5K