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UHG

United Homes Group, Inc.

UHG

United Homes Group, Inc. NASDAQ
$1.07 -0.93% (-0.01)

Market Cap $62.95 M
52w High $6.35
52w Low $0.99
Dividend Yield 0%
P/E -3.24
Volume 78.13K
Outstanding Shares 58.83M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $90.794M $17.573M $-31.295M -34.468% $-0.53 $-30.054M
Q2-2025 $105.506M $19.648M $-6.341M -6.01% $-0.11 $3.824M
Q1-2025 $87.001M $17.716M $18.18M 20.896% $0.31 $-335K
Q4-2024 $134.812M $19.552M $666.718K 0.495% $0.01 $2.907M
Q3-2024 $118.644M $18.69M $-7.339M -6.186% $-0.15 $3.844M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $25.649M $293.114M $240.205M $52.909M
Q2-2025 $36.538M $281.066M $198.904M $82.162M
Q1-2025 $25.016M $266.227M $179.126M $87.101M
Q4-2024 $22.629M $265.378M $198.511M $66.867M
Q3-2024 $25.818M $282.612M $262.822M $19.789M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-31.295M $-23.76M $-978K $13.753M $-10.985M $-24.759M
Q2-2025 $-6.341M $1.559M $-239K $8.834M $10.154M $1.298M
Q1-2025 $18.18M $1.221M $63K $1.103M $2.387M $1.213M
Q4-2024 $666.718K $27.404M $130.19K $-27.803M $-269.087K $27.404M
Q3-2024 $-7.339M $7.183M $17K $-6.298M $902K $7.18M

Revenue by Products

Product Q2-2024Q3-2024Q2-2025
Other Segment
Other Segment
$0 $0 $0
Other Operating Segment
Other Operating Segment
$0 $0 $0
Other Segments
Other Segments
$10.00M $0 $0

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown over time but not in a straight line, with some recent softness compared with prior peaks. Profitability has been consistently positive, but margins have narrowed from earlier, stronger years. There was an unusually strong profit year recently, followed by a step down, suggesting the business can be profitable but may be sensitive to housing cycles, pricing, and mix of homes sold. Overall, UHG looks like a smaller builder that has proven it can earn money, but with earnings that can swing from year to year.


Balance Sheet

Balance Sheet The asset base has expanded over the years, which fits a growing homebuilder. Cash levels move around but are not especially large compared with the overall business, meaning liquidity needs to be managed carefully. Debt has grown and represents a meaningful part of the capital structure, and there was a period of negative equity that has since moved back to positive. That history points to some balance-sheet risk and leverage, but also to progress in repairing and rebuilding the company’s capital base.


Cash Flow

Cash Flow Cash generation from the core business has been consistently positive, which is a key strength. Operating and free cash flow generally moved higher during the early period and have eased back more recently, but remain in positive territory. Capital spending is minimal, consistent with a homebuilder that does not rely heavily on fixed assets, and the land-light approach keeps large, lumpy cash outlays down. Overall, cash flow quality appears solid, but not immune to housing demand and inventory timing.


Competitive Edge

Competitive Edge UHG competes as a regional homebuilder with a strong focus on the Southeast, targeting entry-level and first move‑up buyers. Its land-light strategy, using options and land bankers instead of owning large land banks outright, helps control risk and capital needs, which is a structural advantage in downturns. The focus on affordability, energy efficiency, and modern designs supports demand in a large, resilient buyer segment. However, the company still faces intense competition from much larger national builders, and its acquisition-led growth strategy adds integration and execution risk even as it helps build scale and local presence.


Innovation and R&D

Innovation and R&D Innovation at UHG is more about product design and process than traditional R&D. The GreenSmart energy-efficient home program, smart-home features, and independent energy ratings give its homes a clear, tangible benefit around lower utility bills and comfort. The “Fresh Floor” design refresh shows responsiveness to buyer preferences and appears to support better profitability on newer plans. Strategic moves like emphasizing presold homes, exploring purpose‑built rentals, and expanding through acquisitions are more business-model innovations than technology bets. Together, these efforts suggest a company trying to differentiate on value, efficiency, and operating discipline rather than on flashy tech.


Summary

United Homes Group is a relatively young public homebuilder that has shown it can grow and stay profitable, though with earnings that fluctuate with market conditions and strategic shifts. The balance sheet carries meaningful debt and went through a period of negative equity, but recent years show improvement and a return to positive capital. Consistently positive cash flow is a key anchor, supporting the land-light, capital‑efficient approach. Competitively, UHG leans on its Southeastern focus, affordable and energy‑efficient product, and acquisition strategy to carve out space against larger rivals. Its innovation is practical rather than high-tech, centered on efficient homes, modern designs, and a more disciplined way of deploying capital. The main watchpoints are housing-cycle exposure, integration of acquisitions, and maintaining financial strength while pursuing growth.