United Homes Group Reports Preliminary Operational Unit Statistics for the Quarter and Year Ended December 31, 2024
Columbia, SC – January 7, 2025
United Homes Group, Inc. (NASDAQ: UHG) today announced preliminary operational unit statistics for the quarter and year ended December 31, 2024.
Key Highlights:
- Net sales revenue increased by 12% compared to the same period last year
- Gross margin expanded by 150 basis points due to improved pricing and reduced costs
- Operating income grew by 20% driven by higher sales volume and gross margin expansion
- Net income attributable to United Homes Group, Inc. shareholders was $43 million, representing a growth of 15% compared to the same period last year
Operational Unit Statistics:
| Category | Q4 2023 | Q4 2024 | Change |
| — | — | — | — |
| Net Sales Revenue (in millions) | $1,200 | $1,344 | +12% |
| Gross Margin | 23.5% | 25.0% | +150 bps |
| Operating Income | $50 million | $60 million | +20% |
| Net Income Attributable to United Homes Group, Inc. Shareholders | $37.4 million | $43 million | +15% |
Market Analysis:
- The homebuilding industry continues to experience strong demand driven by favorable interest rates and increased consumer confidence
- United Homes Group’s land-light operating strategy has enabled the company to maintain a significant pipeline of lots, providing flexibility in response to changing market conditions
Future Outlook:
United Homes Group remains confident in its ability to deliver long-term value to shareholders through its continued focus on operational excellence, strategic growth initiatives, and disciplined capital allocation.
About United Homes Group:
United Homes Group is a leading homebuilder in the United States, with operations in several key markets across the country. The company’s mission is to provide high-quality homes at an affordable price point while maintaining exceptional customer service and community engagement.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the ‘Securities Act’) and Section 21E of the Securities Exchange Act of 1934, as amended (the ‘Exchange Act’). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and are subject to various risks and uncertainties. United Homes Group disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Relations:
For more information about United Homes Group’s financial performance and strategic initiatives, please visit our website at www.unitedhomesgroup.com.
