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Universal Logistics Holdings, Inc. (ULH) stock

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NASDAQ: ULH Nasdaq Cargo Ground Transportation Next results ~January 28, 2027

D Fundamentals grade

Universal Logistics Holdings, Inc. is a US-listed company in the cargo ground transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: valuation models disagree too widely to rate.

Price vs value

Under review: valuation models disagree too widely to rate. We'll show the comparison once resolved.

Universal Logistics Holdings, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds39 adding, 31 cuttingOf 8 active managers that changed their stake, 7 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Universal Logistics Holdings files

Where Universal Logistics stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $1.53bn, down 8.3% on a year earlier, a smaller fall than the 11.1% decline a quarter earlier. That puts it 12 of 12 for growth among the cargo ground transportation companies we cover. Free-cash-flow margin rose to 2.4% from -4.0% a year earlier. Operating margin narrowed to -3.3% from 7.0%. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 6 financial-health checks.

Our model value for Universal Logistics Holdings is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 28, 2027 (estimated)

Universal Logistics Holdings, Inc.'s trailing-twelve-month revenue fell 8.3% year on year, with a free-cash-flow margin of 2.4%. Where it stands out: stock pay as % of revenue of 0.1% ranks 1 of 15 cargo ground transportation companies we cover. Where it lags: operating margin of -3.3% ranks 17 of 18 cargo ground transportation companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 116% in the quarter to 2026-09-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Universal Logistics Holdings, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 8.3% over the last 12 months.
  • Loss-making. Operating margin is -3.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 10.3 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 94% and a beta of 1.1 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 35.3% ranks 15 of 17 cargo ground transportation companies we cover (median 11.5%).
  • Below peers: days sales outstanding. Days sales outstanding of 64 days ranks 15 of 18 cargo ground transportation companies we cover (median 49 days).

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
$0.69 against an average estimate of $0.32: beat by 115.6%
Revenue
$379m, down 3.7% on a year earlier
Share reaction
+32.6% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Next report
November 2, 2026; average EPS estimate $0.16

Universal Logistics Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+26.3%
  • 1 week+76.6%
  • 1 month+54.6%
  • This year+91.3%
  • 1 year+80.9%
  • 5 years+48.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.5B
Operating margin
-3.3%
Net margin
-6.0%
EPS (TTM, diluted)
$-3.47

Growth

Revenue growth
−8.3%
Change in growth rate
+2.8 pts
Share count change
−0.0%

Cash

Free cash flow (TTM)
$36.7M
FCF margin
2.4%
Stock pay % of revenue
0.1%

Earnings

Last results
October 29, 2026
Next results (est.)
January 28, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Universal Logistics Holdings, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Universal Logistics Holdings, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.86 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$14 ~$14–$23 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$52 ~$36–$76 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$50 ~$42–$60 Included
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$13 ~$41–$87 Included, half weight
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Universal Logistics Holdings, Inc. with Cargo Ground Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$11.60$13.78$20.38$15.76$17.02$18.70$17.45$31.40$26.72$44.25$14.92$28.54
Market value$339m$392m$579m$447m$478m$505m$470m$832m$703m$1.2bn$393m$752m
+ Net debt (− = net cash)−$13m$260m$246m$395m$452m$453m$415m$336m$374m$743m$775m$672m
Enterprise value$326m$651m$826m$842m$930m$958m$884m$1.2bn$1.1bn$1.9bn$1.2bn$1.4bn
Multiples
Price / sales 0.3x0.4x0.5x0.3x0.3x0.4x0.3x0.4x0.4x0.6x0.3x0.5x
Price / earnings 8.5x16.2x20.6x8.6x12.7x10.5x6.4x4.9x7.6x9.0x——
Price / free cash flow 6.5x—28.3x15.8x9.9x58.5x10.6x8.6x———20.5x
EV / EBITDA 3.0x7.8x11.4x6.1x6.6x6.2x5.2x3.7x4.8x5.8x14.3x15.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

43 /100

Weak moat

How hard Universal Logistics Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 10 / 20

    Net income has been a median 6.8% of total assets over 10 years.

  • Durability 1 / 20

    Operating margin has been a median 6.6%; its worst year was -3.3%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 6 of 10 years, at a median 1.7% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 2.2% over five years; stock-based pay has been a median 0.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.50 −46% $1.5bn −2%
Next $1.15 +130% $1.6bn +5%

Next year's EPS estimate has moved −4.2% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.1% on 90 days ago. In the last 30 days, 0 analysts raised Universal Logistics Holdings, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Universal Logistics Holdings, Inc., last 90 days
$0.40 $0.60 $0.80 $1.00 $1.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.55 Current fiscal year, 60 days ago: $0.55 Current fiscal year, 30 days ago: $0.55 Current fiscal year, 7 days ago: $0.45 Current fiscal year, Now: $0.50 $0.50 Next fiscal year, 90 days ago: $1.20 Next fiscal year, 60 days ago: $1.20 Next fiscal year, 30 days ago: $1.20 Next fiscal year, 7 days ago: $1.10 Next fiscal year, Now: $1.15 $1.15

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.55$1.20
60 days ago $0.55$1.20
30 days ago $0.55$1.20
7 days ago $0.45$1.10
Now $0.50$1.15

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.32 $0.69 +115.6%
Jun 2026 $0.13 $0.16 +23.1%
Mar 2026 $0.09 −$0.13 −244.4%
Dec 2025 −$0.05 $0.14 +380.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611

Counts of recommendations published by analysts covering Universal Logistics Holdings, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.8%
of tradable shares
Days to cover
4.16
at average volume
Short interest, 1 month
−17%
to October 15, 2026
Held by institutions
29%
of shares
Held by insiders
73.5%
of shares
Employees
10,525
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +80.9%

$15.78 on October 31, 2025 to $28.54

ThenNowEffect
Revenue (last 12 months) $1.7bn $1.5bn −8.3%
P/S multiple 0.2x 0.5x +97.3%
Share count 26m 26m 0.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +27.6%

$22.37 on November 3, 2023 to $28.54

ThenNowEffect
Revenue (last 12 months) $1.8bn $1.5bn −15.7%
P/S multiple 0.3x 0.5x +51.6%
Share count 26m 26m −0.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ULH−7%+80%−15%+66%−66%+91%
Industry peers (median)+38%−13%+16%−11%−12%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ULH42%67%50%58%33%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ULH−35%−24%−51%−24%−72%−51%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 76% from November 6, 2024 to May 12, 2026. Getting back needed a 318% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$12.03 – $28.54
From 52-week high
0.0%
vs 50-day average
+58.9%
vs 200-day average
+65.0%
Volatility (1 year)
94%
Beta vs S&P 500
1.15

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±17.6%
After a week
4 up, 7 down
typical move ±20.8%
After a month
6 up, 5 down
typical move ±22.4%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +32.6% −2.1% — —
July 31, 2026 +36.1% +2.2% +50.0% +39.6%
May 1, 2026 −33.0% −0.1% −45.8% −30.5%
March 13, 2026 +13.0% +0.4% +25.6% +48.8%
July 24, 2025 +10.1% +0.5% −12.5% −0.7%
April 24, 2025 −5.4% +2.8% −17.0% −14.6%
February 6, 2025 −20.9% −0.6% −34.7% −37.3%
October 24, 2024 −8.7% +0.2% −0.8% +19.0%
July 25, 2024 −2.6% +0.6% −6.8% −4.9%
April 25, 2024 +36.4% +0.6% +30.7% +36.0%
February 15, 2024 +5.1% +0.2% +4.3% +6.5%
October 26, 2023 −7.2% −1.6% −0.3% +8.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Universal Logistics Holdings, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Universal Logistics Holdings, Inc.
$1.5B $1.6B $1.7B $1.8B $1.9B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.7B Revenue (TTM), FY23 Q4: $1.7B Revenue (TTM), FY24 Q1: $1.7B Revenue (TTM), FY24 Q2: $1.8B Revenue (TTM), FY24 Q3: $1.8B Revenue (TTM), FY24 Q4: $1.8B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.7B Revenue (TTM), FY25 Q3: $1.6B Revenue (TTM), FY25 Q4: $1.6B Revenue (TTM), FY26 Q1: $1.5B Revenue (TTM), FY26 Q2: $1.5B $1.5B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.7B
FY23 Q4 $1.7B
FY24 Q1 $1.7B
FY24 Q2 $1.8B
FY24 Q3 $1.8B
FY24 Q4 $1.8B
FY25 Q1 $1.7B
FY25 Q2 $1.7B
FY25 Q3 $1.6B
FY25 Q4 $1.6B
FY26 Q1 $1.5B
FY26 Q2 $1.5B
Revenue growth, TTM YoY Universal Logistics Holdings, Inc.
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -14.5% Revenue growth, TTM YoY, FY23 Q4: -17.5% Revenue growth, TTM YoY, FY24 Q1: -11.0% Revenue growth, TTM YoY, FY24 Q2: -2.7% Revenue growth, TTM YoY, FY24 Q3: 2.4% Revenue growth, TTM YoY, FY24 Q4: 11.1% Revenue growth, TTM YoY, FY25 Q1: 1.2% Revenue growth, TTM YoY, FY25 Q2: -5.6% Revenue growth, TTM YoY, FY25 Q3: -7.5% Revenue growth, TTM YoY, FY25 Q4: -15.6% Revenue growth, TTM YoY, FY26 Q1: -11.1% Revenue growth, TTM YoY, FY26 Q2: -8.3% -8.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -14.5%
FY23 Q4 -17.5%
FY24 Q1 -11.0%
FY24 Q2 -2.7%
FY24 Q3 2.4%
FY24 Q4 11.1%
FY25 Q1 1.2%
FY25 Q2 -5.6%
FY25 Q3 -7.5%
FY25 Q4 -15.6%
FY26 Q1 -11.1%
FY26 Q2 -8.3%
Operating margin (TTM) Universal Logistics Holdings, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 9.2% Operating margin (TTM), FY23 Q4: 8.8% Operating margin (TTM), FY24 Q1: 10.6% Operating margin (TTM), FY24 Q2: 10.9% Operating margin (TTM), FY24 Q3: 11.2% Operating margin (TTM), FY24 Q4: 11.0% Operating margin (TTM), FY25 Q1: 8.3% Operating margin (TTM), FY25 Q2: 7.0% Operating margin (TTM), FY25 Q3: -2.7% Operating margin (TTM), FY25 Q4: -4.1% Operating margin (TTM), FY26 Q1: -4.9% Operating margin (TTM), FY26 Q2: -3.3% -3.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 9.2%
FY23 Q4 8.8%
FY24 Q1 10.6%
FY24 Q2 10.9%
FY24 Q3 11.2%
FY24 Q4 11.0%
FY25 Q1 8.3%
FY25 Q2 7.0%
FY25 Q3 -2.7%
FY25 Q4 -4.1%
FY26 Q1 -4.9%
FY26 Q2 -3.3%
FCF margin (TTM) Universal Logistics Holdings, Inc.
-10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 0.4% FCF margin (TTM), FY23 Q4: -1.8% FCF margin (TTM), FY24 Q1: -5.5% FCF margin (TTM), FY24 Q2: -8.8% FCF margin (TTM), FY24 Q3: -8.9% FCF margin (TTM), FY24 Q4: -7.5% FCF margin (TTM), FY25 Q1: -4.4% FCF margin (TTM), FY25 Q2: -4.0% FCF margin (TTM), FY25 Q3: -2.2% FCF margin (TTM), FY25 Q4: -2.6% FCF margin (TTM), FY26 Q1: -3.2% FCF margin (TTM), FY26 Q2: 2.4% 2.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 0.4%
FY23 Q4 -1.8%
FY24 Q1 -5.5%
FY24 Q2 -8.8%
FY24 Q3 -8.9%
FY24 Q4 -7.5%
FY25 Q1 -4.4%
FY25 Q2 -4.0%
FY25 Q3 -2.2%
FY25 Q4 -2.6%
FY26 Q1 -3.2%
FY26 Q2 2.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jul 2026
Income
Revenue 503 852 991 1,037 1,033 1,192 1,129 1,073 1,217 1,462 1,512 1,391 1,751 2,015 1,662 1,846 1,558 1,529
EBITDA 19 70 84 87 104 114 108 83 72 138 140 155 170 317 222 327 82 93
Operating income 9 52 66 69 84 81 73 47 25 84 65 80 103 240 145 203 −64 −50
Net income 5 46 51 48 51 45 40 24 28 52 38 48 74 169 93 130 −100 −92
Diluted EPS $0.15 $1.50 $1.71 $1.59 $1.68 $1.51 $1.37 $0.85 $0.99 $1.84 $1.34 $1.78 $2.74 $6.37 $3.53 $4.93 −$3.79 −$3.47
Growth (year on year)
Revenue — +69.3% +16.3% +4.7% −0.3% +15.3% −5.3% −5.0% +13.4% +20.1% +3.4% −8.0% +25.9% +15.1% −17.5% +11.1% −15.6% −8.3%
EBITDA — +261.3% +19.7% +4.3% +19.2% +9.3% −4.9% −23.1% −13.3% +91.4% +1.4% +10.2% +10.4% +86.0% −29.8% +47.1% −75.0% −63.4%
Operating income — — +26.0% +4.7% +22.2% −4.3% −9.2% −36.5% −45.9% +232.3% −22.0% +22.9% +28.1% +133.5% −39.5% +39.6% −131.7% −142.9%
Net income — — +12.6% −7.3% +6.0% −10.3% −11.8% −39.4% +16.1% +85.3% −28.0% +28.1% +53.2% +128.7% −44.9% +39.8% −176.9% −249.9%
Diluted EPS — — +14.0% −7.0% +5.7% −10.1% −9.3% −38.0% +16.5% +85.9% −27.2% +32.8% +53.9% +132.5% −44.6% +39.7% −176.9% −249.9%
Margins
EBITDA margin 3.8% 8.2% 8.5% 8.4% 10.1% 9.6% 9.6% 7.8% 5.9% 9.5% 9.3% 11.1% 9.7% 15.7% 13.4% 17.7% 5.3% 6.1%
Operating margin 1.8% 6.2% 6.7% 6.7% 8.2% 6.8% 6.5% 4.3% 2.1% 5.7% 4.3% 5.8% 5.9% 11.9% 8.8% 11.0% −4.1% −3.3%
Net margin 1.0% 5.4% 5.2% 4.6% 4.9% 3.8% 3.5% 2.3% 2.3% 3.6% 2.5% 3.5% 4.2% 8.4% 5.6% 7.0% −6.4% −6.0%
Free-cash-flow margin 0.1% 4.0% 5.0% 3.9% 3.9% 1.6% 4.6% −2.7% 1.7% 1.9% 3.2% 0.6% 2.5% 4.8% −1.8% −7.5% −2.6% 2.4%
Cash flow
Cash from operations 23 47 79 70 58 79 78 69 84 95 128 99 83 213 210 112 183 147
Capital spending 22 13 30 30 17 60 26 97 63 67 80 91 39 117 241 252 224 110
Free cash flow 1 34 49 41 41 20 52 −29 20 28 48 9 44 96 −30 −139 −41 37
Stock-based pay — — — 1 1 1 0 1 0 0 0 0 0 0 0 1 0 1
Free cash flow after stock pay — — — 40 40 18 52 −29 20 28 48 8 44 96 −31 −140 −42 36
Balance sheet
Cash 2 10 6 3 10 8 13 2 2 6 8 9 14 47 13 19 27 20
Total debt 0 — 83 146 238 235 — 261 248 400 460 462 428 383 386 763 802 693
Net debt (negative = net cash) −2 −10 78 143 227 227 −13 260 246 395 452 453 415 336 374 743 775 672
Diluted shares 32m 30m 30m 30m 30m 30m 29m 28m 28m 28m 28m 27m 27m 26m 26m 26m 26m 26m
Returned to shareholders
Dividends 16 — 16 15 4 8 8 8 8 11 15 6 11 14 11 11 11 11
Buybacks 0 5 2 1 0 6 35 0 1 1 25 5 0 14 0 0 0 —
Total returned 16 5 17 16 4 14 43 8 9 12 40 11 11 28 11 11 11 11

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · July 4, 2026
What it owns · $1.7bn
Short-term assets $378mLonger-term assets $1.3bn
What it owes, and who funded it · $877m
Short-term liabilities $316mShareholders' equity $561m
  • Short-term assets cover short-term liabilities $378m of assets due within a year against $316m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $20m of cash against $693m of debt.
  • Debt below 40% of shareholders' equity Debt is 123% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 121% to 123% over five years.
  • A year's operating cash flow covers at least 20% of debt $147m of operating cash flow against $693m of debt.
  • Operating profit covers interest at least five times over Operating income of −$50m against $52m of interest.

From Universal Logistics Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$11.1M
Buybacks, last 3 fiscal years
$326,000
Diluted share count
−0.0%
year over year
Total shareholder yield
1.5%
dividends 1.5% + buybacks 0.0% of market value
Days sales outstanding
64 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in cargo ground transportation
Last 12 months unless stated ULH CVLG MRTN HTLD WERN SAIA Median
Revenue, last 12 months $1.5bn $1.2bn $858m $736m $3.3bn $3.5bn $3.5bn
Revenue growth, last 12 months −8.3% 8.3% −6.9% −21.0% 9.6% 9.3% 7.0%
Revenue growth, 3-year average −5.5% 2.4% −11.3% −16.5% −0.8% 8.3% −0.8%
Revenue growth, latest quarter −3.7% 9.9% −2.8% −12.5% 24.0% 17.0% 10.4%
Operating margin −3.3% −0.1% 1.8% −2.3% −0.9% 10.7% 3.2%
Operating margin, 3-year average 4.9% 2.7% 3.3% −2.3% 1.9% 12.8% 3.4%
Net margin −6.0% 0.3% 1.5% 12.5% −1.4% 8.0% 3.0%
Cash from operations / revenue 9.6% 6.9% 9.9% 10.7% 8.4% 17.5% 9.9%
Free-cash-flow margin 2.4% −3.1% −1.8% −11.6% 1.6% 7.9% 3.0%
Free-cash-flow margin, 3-year average −3.5% −5.1% 0.9% −4.3% −1.3% −1.7% 0.9%
Stock pay / revenue 0.1% 0.2% 0.2% 0.3% 0.4% — 0.3%
Change in share count −0.0% −4.6% 0.1% −1.2% −2.9% 0.0% −1.5%

Median of all 19 companies we cover in cargo ground transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

19 cargo ground transportation companies
Measure Company Peer median Rank
Revenue growth Growth -8.3% 7.0% 17 of 19
Change in growth rate Growth +2.8pp +3.0pp 11 of 19
Operating margin Profitability -3.3% 3.4% 17 of 18
Net margin Profitability -6.0% 3.0% 17 of 18
Free-cash-flow margin Cash generation 2.4% 3.0% 11 of 19
Stock pay as % of revenue Cash generation 0.1% 0.3% 1 of 15
Long-term debt as % of assets Balance sheet 35.3% 11.5% 15 of 17
Change in share count Balance sheet -0.0% -1.5% 12 of 18
Days sales outstanding Balance sheet 64 days 49 days 15 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Value Added Services $712M 45.7% ▼ 9.4%
Dedicated Services $338M 21.7% ▼ 1.8%
Intermodal Services $252M 16.2% ▼ 16.2%
Truckload Services $183M 11.7% ▼ 22.0%
Brokerage Services $73.9M 4.7% ▼ 59.2%
Geography
Region Revenue Share YoY
United States $1.5B 96.0% ▼ 16.5%
Mexico $51.2M 3.3% ▲ 4.0%
Canada $10.6M 0.7% ▲ 215.0%
CO $1.2M 0.1% ▼ 46.8%

From Universal Logistics Holdings, Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$109M
Institutions reporting
73
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
12 / 8

Top buyers and sellers, Q2 2026: 39 institutions bought and 31 sold ; the biggest buyer was Blackrock, Inc (+60K shares) and the biggest seller Anchor Capital Advisors LLC (−50K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
FMR LLC $58.5M 4.0M 53.5% 0.0%
Dimensional Fund Advisors LP $11.9M 805K 10.9% ▼ 4.7%
Blackrock, Inc. $8.1M 546K 7.4% ▲ 12.4%
American Century Companies Inc $4.5M 303K 4.1% ▼ 3.5%
Vanguard Capital Management LLC $4.2M 282K 3.8% ▼ 7.6%
Geode Capital Management, LLC $3.2M 214K 2.9% ▲ 2.0%
Bank Of New York Mellon Corp $2.8M 187K 2.5% ▲ 5.3%
Bridgeway Capital Management, LLC $2.2M 147K 2.0% ▲ 3.7%
State Street Corp $2.1M 144K 2.0% ▲ 1.5%
Empowered Funds, LLC $1.4M 96K 1.3% ▲ 5.9%
Northern Trust Corp $1M 70K 1.0% ▲ 6.0%
UBS Group AG $890,027 60K 0.8% ▲ 10.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Universal Logistics Holdings, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 28, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 31, 2026
  • May 1, 2026
  • March 13, 2026
  • July 24, 2025
  • April 24, 2025

Recent SEC filings

Data status

When each part of this page on Universal Logistics Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Universal Logistics Holdings, Inc. in brief

What does Universal Logistics Holdings, Inc. do?
Universal Logistics Holdings, Inc. is a US-listed company in the cargo ground transportation industry. Its financial year ends in December.
What is Universal Logistics Holdings, Inc.'s stock ticker?
Universal Logistics Holdings, Inc. trades under the ticker ULH on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Universal Logistics Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Universal Logistics Holdings, Inc. reported revenue of $1.5B, 8.3% lower than a year earlier, according to its SEC filings.
What is Universal Logistics Holdings, Inc.'s free cash flow?
Universal Logistics Holdings, Inc.'s free-cash-flow margin is 2.4% of revenue over the trailing twelve months, ranking 11 of the 19 cargo ground transportation companies we cover.
Who are Universal Logistics Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are FMR LLC, Dimensional Fund Advisors LP and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Universal Logistics Holdings, Inc.'s market cap?
On November 2, 2026, Universal Logistics Holdings, Inc.'s market capitalisation was about $752M and net debt of $672M. Market figures come from third-party market data and may be delayed.
Does Universal Logistics Holdings, Inc. pay a dividend?
Yes: Universal Logistics Holdings, Inc. paid $11.1M in dividends over the trailing twelve months, a dividend yield of 1.47%.
How much debt does Universal Logistics Holdings, Inc. have?
Universal Logistics Holdings, Inc.'s debt-to-equity ratio is 123.4%, from its latest balance sheet (121.2% five years earlier). The financial health section below sets out its other solvency checks.
Who are Universal Logistics Holdings, Inc.'s competitors?
In our Cargo Ground Transportation peer group, the companies closest to Universal Logistics Holdings, Inc. are Covenant Logistics Group, Inc., Marten Transport LTD, Heartland Express Inc, Werner Enterprises Inc and Saia Inc. The side-by-side comparison below sets their revenue, margins and growth against Universal Logistics Holdings, Inc.'s.
When is Universal Logistics Holdings, Inc.'s next earnings date?
Around January 28, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Universal Logistics Holdings, Inc. announces its own schedule.