2024 Q3 Form 10-Q Financial Statement
#000178339824000044 Filed on November 07, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $526.4M |
YoY Change | -22.25% |
Cost Of Revenue | $83.41M |
YoY Change | 19.49% |
Gross Profit | $662.2M |
YoY Change | 28.73% |
Gross Profit Margin | 125.79% |
Selling, General & Admin | $257.6M |
YoY Change | 28.53% |
% of Gross Profit | 38.9% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $12.62M |
YoY Change | -2.92% |
% of Gross Profit | 1.91% |
Operating Expenses | $494.1M |
YoY Change | 31.64% |
Operating Profit | $168.0M |
YoY Change | 20.89% |
Interest Expense | -$360.3M |
YoY Change | -484.39% |
% of Operating Profit | -214.39% |
Other Income/Expense, Net | -$421.0K |
YoY Change | -653.95% |
Pretax Income | $32.29M |
YoY Change | -89.3% |
Income Tax | $344.0K |
% Of Pretax Income | 1.07% |
Net Earnings | -$6.295M |
YoY Change | -134.53% |
Net Earnings / Revenue | -1.2% |
Basic Earnings Per Share | -$0.06 |
Diluted Earnings Per Share | -$0.06 |
COMMON SHARES | |
Basic Shares Outstanding | 99.80M shares |
Diluted Shares Outstanding | 99.80M shares |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $636.3M |
YoY Change | -12.83% |
Cash & Equivalents | $636.3M |
Short-Term Investments | |
Other Short-Term Assets | |
YoY Change | |
Inventory | |
Prepaid Expenses | |
Receivables | $68.80M |
Other Receivables | $532.0K |
Total Short-Term Assets | $1.109B |
YoY Change | 7.63% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $148.0M |
YoY Change | 1.0% |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | $109.0M |
YoY Change | 3.78% |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $14.01B |
YoY Change | 25.39% |
TOTAL ASSETS | |
Total Short-Term Assets | $1.109B |
Total Long-Term Assets | $14.01B |
Total Assets | $15.12B |
YoY Change | 23.89% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $135.4M |
YoY Change | -73.13% |
Accrued Expenses | $668.1M |
YoY Change | 150.24% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $93.66M |
YoY Change | -3.44% |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $929.2M |
YoY Change | 7.05% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $11.92B |
YoY Change | 45.23% |
Other Long-Term Liabilities | $93.60M |
YoY Change | 140.0% |
Total Long-Term Liabilities | $12.01B |
YoY Change | 45.68% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $929.2M |
Total Long-Term Liabilities | $12.01B |
Total Liabilities | $12.94B |
YoY Change | 42.0% |
SHAREHOLDERS EQUITY | |
Retained Earnings | $116.6M |
YoY Change | -10.5% |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $119.4M |
YoY Change | |
Total Liabilities & Shareholders Equity | $15.12B |
YoY Change | 23.89% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$6.295M |
YoY Change | -134.53% |
Depreciation, Depletion And Amortization | $12.62M |
YoY Change | -2.92% |
Cash From Operating Activities | -$2.178B |
YoY Change | -729.57% |
INVESTING ACTIVITIES | |
Capital Expenditures | $12.27M |
YoY Change | 75.21% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $249.7M |
YoY Change | -57.54% |
Cash From Investing Activities | $237.4M |
YoY Change | -59.14% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | 1.897B |
YoY Change | -328.02% |
NET CHANGE | |
Cash From Operating Activities | -2.178B |
Cash From Investing Activities | 237.4M |
Cash From Financing Activities | 1.897B |
Net Change In Cash | -43.83M |
YoY Change | -146.13% |
FREE CASH FLOW | |
Cash From Operating Activities | -$2.178B |
Capital Expenditures | $12.27M |
Free Cash Flow | -$2.191B |
YoY Change | -746.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001783398 | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
UWM HOLDINGS CORPORATION | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
585 South Boulevard E. | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Pontiac, | ||
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
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CY2023Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
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Derivative Assets
DerivativeAssets
|
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Derivative Assets
DerivativeAssets
|
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CY2024Q3 | uwmc |
Retained Interest
RetainedInterest
|
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Retained Interest
RetainedInterest
|
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Accounts Receivable Net
AccountsReceivableNet
|
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Accounts Receivable Net
AccountsReceivableNet
|
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Servicing Asset
ServicingAsset
|
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
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Finance Lease Right Of Use Asset
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|
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Finance Lease Right Of Use Asset
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|
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Loans Receivable Fair Value Disclosure
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|
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Loans Receivable Fair Value Disclosure
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|
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Other Assets
OtherAssets
|
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Other Assets
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|
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Assets
Assets
|
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Assets
Assets
|
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Warehouse Lines Of Credit Facility
WarehouseLinesOfCreditFacility
|
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Derivative Liabilities
DerivativeLiabilities
|
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Derivative Liabilities
DerivativeLiabilities
|
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Line Of Credit
LineOfCredit
|
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Line Of Credit
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Secured Debt
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Senior Notes
SeniorNotes
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Senior Notes
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FinanceLeaseLiability
|
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
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Preferred Stock Shares Authorized
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|
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Preferred Stock Shares Authorized
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Preferred Stock Shares Issued
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|
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Additional Paid In Capital
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AdditionalPaidInCapital
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Minority Interest
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Minority Interest
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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Liabilities And Stockholders Equity
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LiabilitiesAndStockholdersEquity
|
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|
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Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
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us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
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Liabilities
Liabilities
|
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
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Preferred Stock Shares Outstanding
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|
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Preferred Stock Shares Issued
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|
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Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
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|
DE | ||
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Travel And Entertainment Expense
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Depreciation And Amortization
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Depreciation And Amortization
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ServicingCosts
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Servicing Costs
ServicingCosts
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|
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Interest Rate Lock Commitment Pull Through Rate
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|
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Allowance For Doubtful Accounts Receivable
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Change In Fair Value Of Mortgage Servicing Rights Net
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|
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Change In Fair Value Of Mortgage Servicing Rights Net
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|
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Change In Fair Value Of Mortgage Servicing Rights Net
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|
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dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
84-2124167 | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MI | ||
dei |
Entity Address Postal Zip Code
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|
48341 | ||
dei |
City Area Code
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|
(800) | ||
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Local Phone Number
LocalPhoneNumber
|
981-8898 | ||
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Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
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|
Yes | ||
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Entity Filer Category
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|
Accelerated Filer | ||
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Entity Small Business
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|
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|
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|
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GainLossOnOtherInterestRateDerivatives
|
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CY2023Q3 | uwmc |
Gain Loss On Other Interest Rate Derivatives
GainLossOnOtherInterestRateDerivatives
|
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uwmc |
Gain Loss On Other Interest Rate Derivatives
GainLossOnOtherInterestRateDerivatives
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Gain Loss On Other Interest Rate Derivatives
GainLossOnOtherInterestRateDerivatives
|
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Interest And Fee Income Loans And Leases
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Interest And Fee Income Loans And Leases
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Revenues
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|
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Revenues
Revenues
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Revenues
Revenues
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Revenues
Revenues
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Labor And Related Expense
LaborAndRelatedExpense
|
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Labor And Related Expense
LaborAndRelatedExpense
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Labor And Related Expense
LaborAndRelatedExpense
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Labor And Related Expense
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Direct Loan Production Costs
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Direct Loan Production Costs
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uwmc |
Direct Loan Production Costs
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us-gaap |
Travel And Entertainment Expense
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|
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Depreciation And Amortization
DepreciationAndAmortization
|
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Depreciation And Amortization
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Servicing Costs
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|
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Interest Expense Operating
InterestExpenseOperating
|
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Interest Expense Operating
InterestExpenseOperating
|
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Interest Expense Operating
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|
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us-gaap |
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OtherNonoperatingIncomeExpense
|
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
921000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-2386000 | usd | |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
494145000 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
375389000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1309859000 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
1033795000 | usd | |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
32289000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
301727000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
293625000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
392115000 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
344000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
734000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4863000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
941000 | usd | |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
31945000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
300993000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
288762000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
391174000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
38240000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
282762000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
283277000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
377326000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6295000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18231000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5485000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
13848000 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
99801301 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93290736 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96530282 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93107576 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
99801301 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1596624780 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96530282 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93107576 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3171693000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-138613000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9310000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
150207000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2286000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2874542000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
228794000 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9310000 | usd |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
150207000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3303000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2947122000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
300993000 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9365000 | usd |
CY2023Q3 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
150207000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3568000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3092111000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2474671000 | usd |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9495000 | usd |
CY2024Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
194261000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6513000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2457058000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
76286000 | usd |
CY2024Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9559000 | usd |
CY2024Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
198464000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3691000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2329012000 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
31945000 | usd |
CY2024Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
11315000 | usd |
CY2024Q3 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
171090000 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5524000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2180527000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
288762000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
391174000 | usd | |
uwmc |
Reserve For Representations And Warranties
ReserveForRepresentationsAndWarranties
|
40185000 | usd | |
uwmc |
Reserve For Representations And Warranties
ReserveForRepresentationsAndWarranties
|
39811000 | usd | |
uwmc |
Mortgage Servicing Rights Capitalized
MortgageServicingRightsCapitalized
|
1980550000 | usd | |
uwmc |
Mortgage Servicing Rights Capitalized
MortgageServicingRightsCapitalized
|
1803648000 | usd | |
uwmc |
Change In Fair Value Of Mortgage Servicing Rights Gross
ChangeInFairValueOfMortgageServicingRightsGross
|
-604148000 | usd | |
uwmc |
Change In Fair Value Of Mortgage Servicing Rights Gross
ChangeInFairValueOfMortgageServicingRightsGross
|
-219730000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
36615000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
37622000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15581000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9871000 | usd | |
uwmc |
Change In Fair Value Of Retained Interest
ChangeInFairValueOfRetainedInterest
|
4530000 | usd | |
uwmc |
Change In Fair Value Of Retained Interest
ChangeInFairValueOfRetainedInterest
|
-2956000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
3405000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
1252000 | usd | |
us-gaap |
Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
|
4691799000 | usd | |
us-gaap |
Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
|
-1574921000 | usd | |
us-gaap |
Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
|
33958000 | usd | |
us-gaap |
Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
|
9922000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
65650000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-24573000 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
52818000 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-10866000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
36736000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
17039000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5698237000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
494513000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31162000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19617000 | usd | |
us-gaap |
Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
|
2607316000 | usd | |
us-gaap |
Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
|
1669216000 | usd | |
us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
5917000 | usd | |
us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
5807000 | usd | |
uwmc |
Proceeds Payments For Margin Calls For Investment Securities
ProceedsPaymentsForMarginCallsForInvestmentSecurities
|
-795000 | usd | |
uwmc |
Proceeds Payments For Margin Calls For Investment Securities
ProceedsPaymentsForMarginCallsForInvestmentSecurities
|
-3080000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2581276000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1652326000 | usd | |
uwmc |
Proceeds From Payments For Borrowings Under Warehouse Lines Of Credit Net
ProceedsFromPaymentsForBorrowingsUnderWarehouseLinesOfCreditNet
|
4305656000 | usd | |
uwmc |
Proceeds From Payments For Borrowings Under Warehouse Lines Of Credit Net
ProceedsFromPaymentsForBorrowingsUnderWarehouseLinesOfCreditNet
|
-1377093000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
4842000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
10213000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
991000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
500000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
750000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
950000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1000000000 | usd | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
279132000 | usd | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
97328000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
279284000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
101345000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
28419000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
27879000 | usd | |
us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
565524000 | usd | |
us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
450621000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-899000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1307000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3255820000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2122121000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
138859000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24718000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
497468000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
704898000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
636327000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
729616000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
300395000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
233245000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2966000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-124000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div>The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | ||
CY2024Q3 | uwmc |
Loss Contingency Required Payment Cash Savings Percent
LossContingencyRequiredPaymentCashSavingsPercent
|
0.85 | |
CY2024Q3 | uwmc |
Loss Contingency Cash Savings Percent
LossContingencyCashSavingsPercent
|
0.15 | |
CY2024Q3 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
9945707000 | usd |
CY2023Q4 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
5380119000 | usd |
CY2024Q3 | us-gaap |
Receivable With Imputed Interest Premium
ReceivableWithImputedInterestPremium
|
117241000 | usd |
CY2023Q4 | us-gaap |
Receivable With Imputed Interest Premium
ReceivableWithImputedInterestPremium
|
55112000 | usd |
CY2024Q3 | uwmc |
Mortgage Loans Fair Value Adjustment
MortgageLoansFairValueAdjustment
|
78735000 | usd |
CY2023Q4 | uwmc |
Mortgage Loans Fair Value Adjustment
MortgageLoansFairValueAdjustment
|
14653000 | usd |
CY2024Q3 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
10141683000 | usd |
CY2023Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
5449884000 | usd |
uwmc |
Interest Rate Lock Commitment Pull Through Rate
InterestRateLockCommitmentPullThroughRate
|
0.78 | ||
CY2023 | uwmc |
Interest Rate Lock Commitment Pull Through Rate
InterestRateLockCommitmentPullThroughRate
|
0.76 | |
CY2024Q3 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
208323000 | usd |
CY2023Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
97109000 | usd |
CY2024Q3 | uwmc |
Servicing Fee Receivables
ServicingFeeReceivables
|
133472000 | usd |
CY2024Q3 | uwmc |
Servicing Advances
ServicingAdvances
|
89687000 | usd |
CY2023Q4 | uwmc |
Servicing Advances
ServicingAdvances
|
177021000 | usd |
CY2024Q3 | uwmc |
Derivative Settlement Receivable
DerivativeSettlementReceivable
|
8761000 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
561901000 | usd |
CY2024Q3 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
131614000 | usd |
CY2023Q3 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
196509000 | usd |
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
451399000 | usd | |
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
600960000 | usd | |
CY2024Q3 | uwmc |
Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
3139000 | usd |
CY2023Q3 | uwmc |
Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
3919000 | usd |
uwmc |
Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
11966000 | usd | |
uwmc |
Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
11245000 | usd | |
CY2024Q3 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
134753000 | usd |
CY2023Q3 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
200428000 | usd |
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
463365000 | usd | |
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
612205000 | usd | |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2000000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2000000000 | usd |
CY2024Q3 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0556 | |
CY2023Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0556 | |
CY2024Q3 | uwmc |
Payments For Repurchase Of Loans
PaymentsForRepurchaseOfLoans
|
50100000 | usd |
CY2023Q3 | uwmc |
Payments For Repurchase Of Loans
PaymentsForRepurchaseOfLoans
|
40400000 | usd |
uwmc |
Payments For Repurchase Of Loans
PaymentsForRepurchaseOfLoans
|
185600000 | usd | |
uwmc |
Payments For Repurchase Of Loans
PaymentsForRepurchaseOfLoans
|
201900000 | usd | |
CY2024Q2 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
70543000 | usd |
CY2023Q2 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
59093000 | usd |
CY2023Q4 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
62865000 | usd |
CY2022Q4 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
60495000 | usd |
CY2024Q3 | uwmc |
Representation And Warranty Reserve Charged To Operations
RepresentationAndWarrantyReserveChargedToOperations
|
16329000 | usd |
CY2023Q3 | uwmc |
Representation And Warranty Reserve Charged To Operations
RepresentationAndWarrantyReserveChargedToOperations
|
12181000 | usd |
uwmc |
Representation And Warranty Reserve Charged To Operations
RepresentationAndWarrantyReserveChargedToOperations
|
40185000 | usd | |
uwmc |
Representation And Warranty Reserve Charged To Operations
RepresentationAndWarrantyReserveChargedToOperations
|
39811000 | usd | |
CY2024Q3 | uwmc |
Representation And Warranty Reserve Realized Gains Losses
RepresentationAndWarrantyReserveRealizedGainsLosses
|
1964000 | usd |
CY2023Q3 | uwmc |
Representation And Warranty Reserve Realized Gains Losses
RepresentationAndWarrantyReserveRealizedGainsLosses
|
-8221000 | usd |
uwmc |
Representation And Warranty Reserve Realized Gains Losses
RepresentationAndWarrantyReserveRealizedGainsLosses
|
-14214000 | usd | |
uwmc |
Representation And Warranty Reserve Realized Gains Losses
RepresentationAndWarrantyReserveRealizedGainsLosses
|
-37253000 | usd | |
CY2024Q3 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
88836000 | usd |
CY2023Q3 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
63053000 | usd |
CY2024Q3 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
88836000 | usd |
CY2023Q3 | uwmc |
Representation And Warranty Reserve
RepresentationAndWarrantyReserve
|
63053000 | usd |
CY2024Q3 | uwmc |
Commitments To Extend Credit To Potential Borrowers
CommitmentsToExtendCreditToPotentialBorrowers
|
66400000000 | usd |
CY2024Q3 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
95256000 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
99694000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
88836000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
62865000 | usd |
CY2024Q3 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
88372000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
82745000 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
70062000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
24985000 | usd |
CY2024Q3 | uwmc |
Derivative Settlements Payable
DerivativeSettlementsPayable
|
53783000 | usd |
CY2023Q4 | uwmc |
Derivative Settlements Payable
DerivativeSettlementsPayable
|
64777000 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
52734000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
12199000 | usd |
CY2024Q3 | uwmc |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
32820000 | usd |
CY2023Q4 | uwmc |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
15494000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
31918000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
43174000 | usd |
CY2024Q3 | uwmc |
Investor Payable
InvestorPayable
|
27716000 | usd |
CY2023Q4 | uwmc |
Investor Payable
InvestorPayable
|
25001000 | usd |
CY2024Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
21130000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
30334000 | usd |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
11238000 | usd |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
7833000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
573865000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
469101000 | usd |
CY2021 | uwmc |
Percentage Of Beneficial Interest In Securitized Assets
PercentageOfBeneficialInterestInSecuritizedAssets
|
0.05 | |
CY2024Q3 | us-gaap |
Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
|
106600000 | usd |
CY2024Q3 | uwmc |
Retained Interest
RetainedInterest
|
109000000 | usd |
CY2024Q3 | us-gaap |
Secured Debt
SecuredDebt
|
93700000 | usd |
CY2024Q3 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
10141683000 | usd |
CY2024Q3 | us-gaap |
Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
|
108964000 | usd |
CY2024Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
13117678000 | usd |
CY2024Q3 | uwmc |
Warrants Fair Value Disclosure
WarrantsFairValueDisclosure
|
11238000 | usd |
CY2024Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
104837000 | usd |
CY2023Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
5449884000 | usd |
CY2023Q4 | us-gaap |
Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
|
110352000 | usd |
CY2023Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
9619391000 | usd |
CY2023Q4 | uwmc |
Warrants Fair Value Disclosure
WarrantsFairValueDisclosure
|
7833000 | usd |
CY2023Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
48614000 | usd |
CY2024Q3 | uwmc |
Payments For Aircraft Rental Fees
PaymentsForAircraftRentalFees
|
0 | usd |
CY2023Q3 | uwmc |
Payments For Aircraft Rental Fees
PaymentsForAircraftRentalFees
|
100000 | usd |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0107 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0024 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0166 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0024 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
|
0.93 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
|
0.94 | ||
CY2024Q3 | uwmc |
Increase Decrease In Deferred Tax Liability
IncreaseDecreaseInDeferredTaxLiability
|
-13600000 | usd |
uwmc |
Increase Decrease In Deferred Tax Liability
IncreaseDecreaseInDeferredTaxLiability
|
-13600000 | usd | |
CY2024Q3 | uwmc |
Increase In Tax Receivable Agreement
IncreaseInTaxReceivableAgreement
|
17100000 | usd |
uwmc |
Increase In Tax Receivable Agreement
IncreaseInTaxReceivableAgreement
|
17100000 | usd | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5800000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3900000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
15600000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9900000 | usd | |
CY2024Q3 | uwmc |
Number Of Classes Of Stock
NumberOfClassesOfStock
|
2 | class |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
31945000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
300993000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
288762000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
391174000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
38240000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
282762000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
283277000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
377326000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6295000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18231000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5485000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
13848000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6295000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
18231000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5485000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13848000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-6295000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
234712000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
5485000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
13848000 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
99801301 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93290736 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96530282 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93107576 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
99801301 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1596624780 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96530282 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93107576 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |