What is UNITED HOMES GROUP INC's earnings per share (EPS)?

UNITED HOMES GROUP INC (UHG) reported diluted earnings per share of $-0.28 for fiscal year 2025. This represents a -131.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

UNITED HOMES GROUP INC Financials

UHG

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows UNITED HOMES GROUP INC (UHG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI UHG FY2025 2026-04-29

A working-capital-heavy model with a thin operating cushion means small margin slippage can quickly turn into cash burn.

Inventory climbed to $180.4M in FY2025 from $139.3M in FY2024, tying up much more capital inside the business. Because gross margin stayed near 17.6% while operating cash flow fell to -$19.6M, the setback looks more like slower inventory conversion and weaker fixed-cost absorption than a collapse in unit economics.

In FY2025, gross profit of $71.7M was essentially matched by SG&A of $71.8M, leaving almost no operating cushion. With interest expense still at $14.8M, financing costs were enough to push a near break-even operating result into a net loss.

FY2023's net income of $125.1M sat far above operating income and cash generation, so that year does not read like the business's core earning power. FY2024's net income of $46.9M also exceeded operating cash flow of $15.4M, showing earnings quality had already softened before FY2025 turned cash negative.

Financial Health Signals

Financial Health Score 16/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of UNITED HOMES GROUP INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

UNITED HOMES GROUP INC has an operating margin of -0.0%, meaning the company retains $-0 of operating profit per $100 of revenue. This results in a moderate score of 37/100, indicating healthy but not exceptional operating efficiency. This is down from 1.1% the prior year.

Growth

UNITED HOMES GROUP INC's revenue declined 12.3% year-over-year, from $463.7M to $406.7M. This contraction results in a growth score of 26/100.

Leverage

UNITED HOMES GROUP INC has elevated debt relative to equity (D/E of 1.18), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 2/100, reflecting increased financial risk.

Cash Flow

While UNITED HOMES GROUP INC generated -$19.6M in operating cash flow, capex of $2.1M consumed most of it, leaving -$21.6M in free cash flow. This results in a low score of 28/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Partial

2/7

UNITED HOMES GROUP INC passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

1.20x

For every $1 of reported earnings, UNITED HOMES GROUP INC generates $1.20 in operating cash flow (-$19.6M OCF vs -$16.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-0.0x

UNITED HOMES GROUP INC earns $-0.0 in operating income for every $1 of interest expense (-$29K vs $14.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$406.7M

YoY-12.3%

UNITED HOMES GROUP INC generated $406.7M in revenue in fiscal year 2025. This represents a decrease of 12.3% from the prior year.

EBITDA

$2.4M

YoY-66.2%

UNITED HOMES GROUP INC's EBITDA was $2.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 66.2% from the prior year.

Net Income

-$16.3M

YoY-134.6%

UNITED HOMES GROUP INC reported -$16.3M in net income in fiscal year 2025. This represents a decrease of 134.6% from the prior year.

EPS (Diluted)

$-0.28

YoY-131.1%

UNITED HOMES GROUP INC earned $-0.28 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 131.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$21.6M

YoY-240.3%

UNITED HOMES GROUP INC generated -$21.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 240.3% from the prior year.

Cash & Debt

$24.4M

YoY+7.9%

UNITED HOMES GROUP INC held $24.4M in cash against $67.5M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

17.6%

YoY+0.4pp

UNITED HOMES GROUP INC's gross margin was 17.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.

Operating Margin

-0.0%

YoY-1.1pp

UNITED HOMES GROUP INC's operating margin was -0.0% in fiscal year 2025, reflecting core business profitability. This is down 1.1 percentage points from the prior year.

Net Margin

-4.0%

YoY-14.1pp

UNITED HOMES GROUP INC's net profit margin was -4.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 14.1 percentage points from the prior year.

Return on Equity

-28.3%

YoY-98.5pp

UNITED HOMES GROUP INC's ROE was -28.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 98.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$2.1M

YoY+6519.4%

UNITED HOMES GROUP INC invested $2.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 6519.4% from the prior year.

UHG Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$406.7M-12.3%	$463.7M+10.0%	$421.5M-11.6%	$477.0M	N/A
Cost of Revenue	$335.0M-12.7%	$383.9M+12.3%	$341.7M-4.6%	$358.2M	N/A
Gross Profit	$71.7M-10.1%	$79.8M+0.1%	$79.7M-32.9%	$118.8M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$71.8M-3.9%	$74.7M+14.8%	$65.1M+31.0%	$49.7M+4719.6%	$1.0M
Operating Income	-$29K-100.6%	$5.1M-64.9%	$14.6M-78.8%	$69.1M+5715.5%	-$1.2M
Interest Expense	$14.8M-29.4%	$21.0M+36.1%	$15.4M	N/A	N/A
Income Tax	$16.7M+272.3%	-$9.7M-428.7%	$3.0M	$0	N/A
Net Income	-$16.3M-134.6%	$46.9M-62.5%	$125.1M+80.0%	$69.5M+2465.8%	$2.7M
EPS (Diluted)	$-0.28-131.1%	$0.90-61.7%	$2.35+29.8%	$1.81+2485.7%	$0.07

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$123.4M+35.9%	$90.8M-13.9%	$105.5M+21.3%	$87.0M-35.5%	$134.8M+13.6%	$118.6M+8.4%	$109.4M+8.5%	$100.8M
Cost of Revenue	$101.7M+36.1%	$74.7M-12.7%	$85.6M+17.4%	$72.9M-35.5%	$113.0M+17.4%	$96.3M+7.1%	$89.8M+6.0%	$84.7M
Gross Profit	$21.6M+34.9%	$16.0M-19.4%	$19.9M+41.0%	$14.1M-35.1%	$21.8M-2.7%	$22.4M+14.3%	$19.6M+21.6%	$16.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20.0M+13.9%	$17.6M-2.5%	$18.0M+11.5%	$16.2M-16.5%	$19.3M+3.5%	$18.7M-4.7%	$19.6M+15.0%	$17.1M
Operating Income	$1.6M+206.6%	-$1.5M-180.1%	$1.9M+193.7%	-$2.0M-183.5%	$2.4M-34.1%	$3.7M+10358.3%	-$36K+96.3%	-$960K
Interest Expense	$3.5M+3.6%	$3.4M-16.2%	$4.0M+1.3%	$4.0M-19.7%	$4.9M-4.6%	$5.2M-1.2%	$5.2M-7.4%	$5.7M
Income Tax	$17.7M+2861.4%	$598K+322.3%	-$269K+79.2%	-$1.3M+85.1%	-$8.6M-19554.5%	-$44K-132.4%	$136K+111.7%	-$1.2M
Net Income	$3.2M+110.2%	-$31.3M-393.5%	-$6.3M-134.9%	$18.2M+2625.6%	$667K+109.1%	-$7.3M-125.6%	$28.6M+14.8%	$24.9M
EPS (Diluted)	N/A	$-0.53-381.8%	$-0.11-135.5%	$0.31	N/A	$-0.15-130.0%	$0.50+13.6%	$0.44

UHG Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$276.6M+4.2%	$265.4M-11.1%	$298.6M+43.3%	$208.3M-39.7%	$345.5M
Current Assets	N/A	N/A	N/A	$57K-88.5%	$493K
Cash & Equivalents	$24.4M+7.9%	$22.6M-60.1%	$56.7M+363.0%	$12.2M+4745.1%	$253K
Inventory	$180.4M+29.5%	$139.3M-23.8%	$182.8M	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	$8.1M-12.4%	$9.3M+62.6%	$5.7M	$0	N/A
Total Liabilities	$219.3M+10.5%	$198.5M-39.8%	$329.8M+120.9%	$149.3M-46.5%	$279.0M
Current Liabilities	N/A	N/A	N/A	$4.4M+1438.3%	$289K
Long-Term Debt	$67.5M+0.4%	$67.2M	N/A	N/A	N/A
Total Equity	$57.4M-14.2%	$66.9M+314.4%	-$31.2M-152.8%	$59.0M-11.3%	$66.6M
Retained Earnings	-$3.3M-125.8%	$12.9M+138.0%	-$34.0M-159.0%	$57.6M+378.9%	-$20.6M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$276.6M-5.6%	$293.1M+4.3%	$281.1M+5.6%	$266.2M+0.3%	$265.4M-6.1%	$282.6M-0.5%	$284.0M-1.1%	$287.2M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$24.4M-4.8%	$25.6M-29.8%	$36.5M+46.1%	$25.0M+10.5%	$22.6M-12.4%	$25.8M+3.6%	$24.9M-13.0%	$28.7M
Inventory	$180.4M+3.3%	$174.6M+20.9%	$144.5M+4.3%	$138.4M-0.6%	$139.3M-15.3%	$164.5M-2.6%	$168.8M	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$8.1M-12.4%	$9.3M0.0%	$9.3M0.0%	$9.3M0.0%	$9.3M0.0%	$9.3M0.0%	$9.3M0.0%	$9.3M
Total Liabilities	$219.3M-8.7%	$240.2M+20.8%	$198.9M+11.0%	$179.1M-9.8%	$198.5M-24.5%	$262.8M+1.8%	$258.3M-11.5%	$291.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$67.5M+0.1%	$67.4M+0.1%	$67.3M+0.1%	$67.2M+0.1%	$67.2M	N/A	N/A	N/A
Total Equity	$57.4M+8.4%	$52.9M-35.6%	$82.2M-5.7%	$87.1M+30.3%	$66.9M+237.9%	$19.8M-23.1%	$25.7M+644.5%	-$4.7M
Retained Earnings	-$3.3M+49.1%	-$6.5M-126.4%	$24.8M-20.4%	$31.1M+140.7%	$12.9M+5.4%	$12.3M-37.5%	$19.6M+316.7%	-$9.0M

UHG Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$19.6M-226.8%	$15.4M-45.3%	$28.2M-18.5%	$34.6M+2590.3%	-$1.4M
Capital Expenditures	$2.1M+6519.4%	$31K-80.9%	$162K-5.5%	$172K	N/A
Free Cash Flow	-$21.6M-240.3%	$15.4M-45.1%	$28.1M-18.5%	$34.4M	N/A
Investing Cash Flow	-$1.9M+85.0%	-$12.6M+48.2%	-$24.3M-11646.6%	-$207K+99.9%	-$345.0M
Financing Cash Flow	$21.6M+163.7%	-$34.0M-183.9%	$40.5M+155.0%	-$73.7M-121.3%	$346.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$1.4M+105.9%	-$23.8M-1624.1%	$1.6M+27.7%	$1.2M-95.5%	$27.4M+281.5%	$7.2M+676.9%	-$1.2M+93.0%	-$17.9M
Capital Expenditures	$784K-21.5%	$999K+282.8%	$261K+3162.5%	$8K+900.0%	-$1K-133.3%	$3K	$0-100.0%	$29K
Free Cash Flow	$616K+102.5%	-$24.8M-2007.5%	$1.3M+7.0%	$1.2M-95.6%	$27.4M+281.7%	$7.2M+676.7%	-$1.2M+93.1%	-$17.9M
Investing Cash Flow	-$736K+24.7%	-$978K-309.2%	-$239K-479.4%	$63K-51.5%	$130K+664.7%	$17K-10.5%	$19K+100.1%	-$12.8M
Financing Cash Flow	-$2.0M-114.9%	$13.8M+55.7%	$8.8M+700.9%	$1.1M+104.0%	-$27.8M-341.4%	-$6.3M-151.0%	-$2.5M-195.4%	$2.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

UHG Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	17.6%+0.4pp	17.2%-1.7pp	18.9%-6.0pp	24.9%	N/A
Operating Margin	-0.0%-1.1pp	1.1%-2.4pp	3.5%-11.0pp	14.5%	N/A
Net Margin	-4.0%-14.1pp	10.1%-19.6pp	29.7%+15.1pp	14.6%	N/A
Return on Equity	-28.3%-98.5pp	70.2%	N/A	117.8%+113.7pp	4.1%
Return on Assets	-5.9%-23.5pp	17.7%-24.2pp	41.9%+8.5pp	33.4%+32.6pp	0.8%
Current Ratio	N/A	N/A	N/A	0.01-1.7	1.70
Debt-to-Equity	1.18+0.2	1.00+11.6	-10.58-13.1	2.53-1.7	4.19
FCF Margin	-5.3%-8.6pp	3.3%-3.3pp	6.7%-0.6pp	7.2%	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	17.5%-0.1pp	17.7%-1.2pp	18.9%+2.6pp	16.2%+0.1pp	16.2%-2.7pp	18.9%+1.0pp	17.9%+1.9pp	16.0%
Operating Margin	1.3%+3.0pp	-1.7%-3.5pp	1.8%+4.1pp	-2.3%-4.1pp	1.8%-1.3pp	3.1%+3.1pp	-0.0%+0.9pp	-0.9%
Net Margin	2.6%+37.1pp	-34.5%-28.5pp	-6.0%-26.9pp	20.9%+20.4pp	0.5%+6.7pp	-6.2%-32.4pp	26.2%+1.4pp	24.7%
Return on Equity	5.6%+64.7pp	-59.2%-51.4pp	-7.7%-28.6pp	20.9%+19.9pp	1.0%+38.1pp	-37.1%-148.3pp	111.2%	N/A
Return on Assets	1.2%+11.8pp	-10.7%-8.4pp	-2.3%-9.1pp	6.8%+6.6pp	0.3%+2.8pp	-2.6%-12.7pp	10.1%+1.4pp	8.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.18-0.1	1.27+0.5	0.82+0.0	0.77-0.2	1.00-12.3	13.28+3.2	10.03+71.8	-61.75
FCF Margin	0.5%+27.8pp	-27.3%-28.5pp	1.2%-0.2pp	1.4%-18.9pp	20.3%+14.3pp	6.0%+7.2pp	-1.1%+16.6pp	-17.8%

Similar Companies

Hovnanian Enterprises Inc HOV

$736.8M

Beazer Homes Usa Inc BZH

$858.6M

Legacy Housing LEGH

$626.2M

Lgi Homes Inc LGIH

$1.3B

Springview Hldg SPHL

$7.4M

Frequently Asked Questions

What is UNITED HOMES GROUP INC's annual revenue?

UNITED HOMES GROUP INC (UHG) reported $406.7M in total revenue for fiscal year 2025. This represents a -12.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is UNITED HOMES GROUP INC's revenue growing?

UNITED HOMES GROUP INC (UHG) revenue declined by 12.3% year-over-year, from $463.7M to $406.7M in fiscal year 2025.

Is UNITED HOMES GROUP INC profitable?

No, UNITED HOMES GROUP INC (UHG) reported a net income of -$16.3M in fiscal year 2025, with a net profit margin of -4.0%.

What is UNITED HOMES GROUP INC's EBITDA?

UNITED HOMES GROUP INC (UHG) had EBITDA of $2.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does UNITED HOMES GROUP INC have?

As of fiscal year 2025, UNITED HOMES GROUP INC (UHG) had $24.4M in cash and equivalents against $67.5M in long-term debt.

What is UNITED HOMES GROUP INC's gross margin?

UNITED HOMES GROUP INC (UHG) had a gross margin of 17.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is UNITED HOMES GROUP INC's operating margin?

UNITED HOMES GROUP INC (UHG) had an operating margin of -0.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is UNITED HOMES GROUP INC's net profit margin?

UNITED HOMES GROUP INC (UHG) had a net profit margin of -4.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is UNITED HOMES GROUP INC's return on equity (ROE)?

UNITED HOMES GROUP INC (UHG) has a return on equity of -28.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is UNITED HOMES GROUP INC's free cash flow?

UNITED HOMES GROUP INC (UHG) generated -$21.6M in free cash flow during fiscal year 2025. This represents a -240.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is UNITED HOMES GROUP INC's operating cash flow?

UNITED HOMES GROUP INC (UHG) generated -$19.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are UNITED HOMES GROUP INC's total assets?

UNITED HOMES GROUP INC (UHG) had $276.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are UNITED HOMES GROUP INC's capital expenditures?

UNITED HOMES GROUP INC (UHG) invested $2.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is UNITED HOMES GROUP INC's debt-to-equity ratio?

UNITED HOMES GROUP INC (UHG) had a debt-to-equity ratio of 1.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is UNITED HOMES GROUP INC's return on assets (ROA)?

UNITED HOMES GROUP INC (UHG) had a return on assets of -5.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is UNITED HOMES GROUP INC's cash runway?

Based on fiscal year 2025 data, UNITED HOMES GROUP INC (UHG) had $24.4M in cash against an annual operating cash burn of $19.6M. This gives an estimated cash runway of approximately 15 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is UNITED HOMES GROUP INC's Piotroski F-Score?

UNITED HOMES GROUP INC (UHG) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are UNITED HOMES GROUP INC's earnings high quality?

UNITED HOMES GROUP INC (UHG) has an earnings quality ratio of 1.20x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can UNITED HOMES GROUP INC cover its interest payments?

UNITED HOMES GROUP INC (UHG) has an interest coverage ratio of -0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is UNITED HOMES GROUP INC?

UNITED HOMES GROUP INC (UHG) scores 16 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.