Universal Logistics Hldgs Inc Financials
This page shows Universal Logistics Hldgs Inc (ULH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Universal Logistics Hldgs Inc has an operating margin of 11.0%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is up from 8.8% the prior year.
Universal Logistics Hldgs Inc's revenue grew 11.1% year-over-year to $1.8B, a solid pace of expansion. This earns a growth score of 60/100.
Universal Logistics Hldgs Inc carries a low D/E ratio of 1.04, meaning only $1.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.
Universal Logistics Hldgs Inc's current ratio of 1.35 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
While Universal Logistics Hldgs Inc generated $112.4M in operating cash flow, capex of $251.6M consumed most of it, leaving -$139.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Universal Logistics Hldgs Inc earns a strong 20.1% return on equity (ROE), meaning it generates $20 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 80/100. This is up from 17.5% the prior year.
Universal Logistics Hldgs Inc scores 2.19, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Universal Logistics Hldgs Inc passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Universal Logistics Hldgs Inc generates $0.87 in operating cash flow ($112.4M OCF vs $129.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Universal Logistics Hldgs Inc earns $5.9 in operating income for every $1 of interest expense ($203.1M vs $34.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Universal Logistics Hldgs Inc generated $1.8B in revenue in fiscal year 2024. This represents an increase of 11.1% from the prior year.
Universal Logistics Hldgs Inc's EBITDA was $327.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 47.1% from the prior year.
Universal Logistics Hldgs Inc generated -$139.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 359.4% from the prior year.
Universal Logistics Hldgs Inc reported $129.9M in net income in fiscal year 2024. This represents an increase of 39.8% from the prior year.
Universal Logistics Hldgs Inc earned $4.93 per diluted share (EPS) in fiscal year 2024. This represents an increase of 39.7% from the prior year.
Universal Logistics Hldgs Inc held $19.4M in cash against $670.3M in long-term debt as of fiscal year 2024.
Universal Logistics Hldgs Inc paid $0.42 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Universal Logistics Hldgs Inc had 26M shares outstanding in fiscal year 2024. This represents an increase of 0.1% from the prior year.
Universal Logistics Hldgs Inc's operating margin was 11.0% in fiscal year 2024, reflecting core business profitability. This is up 2.3 percentage points from the prior year.
Universal Logistics Hldgs Inc's net profit margin was 7.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.
Universal Logistics Hldgs Inc's ROE was 20.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.
Universal Logistics Hldgs Inc spent $107K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 20.1% from the prior year.
Universal Logistics Hldgs Inc invested $251.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 4.6% from the prior year.
ULH Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $396.8M+0.8% | $393.8M+3.0% | $382.4M-17.8% | $465.1M+0.6% | $462.2M-6.0% | $491.9M+25.8% | $390.9M-7.2% | $421.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $13.6M-2.9% | $14.0M+6.4% | $13.2M-6.4% | $14.1M-4.2% | $14.7M+8.8% | $13.5M+4.9% | $12.9M-5.6% | $13.6M |
| Operating Income | -$74.2M-473.2% | $19.9M+26.9% | $15.7M-59.0% | $38.3M-18.7% | $47.1M-37.3% | $75.1M+120.3% | $34.1M-7.3% | $36.8M |
| Interest Expense | $12.8M+10.8% | $11.6M+3.9% | $11.2M-5.8% | $11.8M+52.0% | $7.8M+23.7% | $6.3M+1.6% | $6.2M-5.2% | $6.5M |
| Income Tax | -$8.6M-400.1% | $2.9M+42.3% | $2.0M-71.6% | $7.1M-31.5% | $10.4M-41.2% | $17.7M+144.0% | $7.2M-7.3% | $7.8M |
| Net Income | -$74.8M-999.1% | $8.3M+38.3% | $6.0M-70.2% | $20.2M-34.4% | $30.7M-41.4% | $52.5M+145.0% | $21.4M-7.1% | $23.0M |
| EPS (Diluted) | $-2.84-987.5% | $0.32+39.1% | $0.23-69.7% | $0.76-35.0% | $1.17-41.2% | $1.99+148.7% | $0.80-9.1% | $0.88 |
ULH Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B-2.3% | $1.9B+3.3% | $1.8B+0.7% | $1.8B+21.4% | $1.5B+6.3% | $1.4B+10.5% | $1.3B-0.5% | $1.3B |
| Current Assets | $429.0M+9.1% | $393.4M+1.1% | $389.1M-5.1% | $409.8M+7.1% | $382.8M+4.3% | $367.1M+0.5% | $365.5M-6.1% | $389.2M |
| Cash & Equivalents | $27.4M+12.5% | $24.3M+18.1% | $20.6M+6.5% | $19.4M+158.5% | $7.5M-32.7% | $11.1M-11.1% | $12.5M-25.6% | $16.8M |
| Inventory | N/A | N/A | N/A | $8.3M | N/A | N/A | $12.4M | N/A |
| Accounts Receivable | $277.6M+8.9% | $254.8M-1.7% | $259.2M-11.7% | $293.6M+1.9% | $288.1M+2.7% | $280.6M-2.5% | $287.9M-6.3% | $307.5M |
| Goodwill | $148.8M-28.0% | $206.8M0.0% | $206.8M0.0% | $206.8M+21.1% | $170.7M0.0% | $170.7M0.0% | $170.7M0.0% | $170.7M |
| Total Liabilities | $1.2B+2.7% | $1.2B+4.5% | $1.2B+1.2% | $1.1B+32.1% | $863.2M+7.8% | $800.7M+11.0% | $721.3M-3.7% | $749.1M |
| Current Liabilities | $324.3M+5.3% | $308.0M-6.3% | $328.8M+8.0% | $304.6M+0.3% | $303.6M+1.0% | $300.6M+15.4% | $260.4M-9.2% | $286.9M |
| Long-Term Debt | $718.9M+3.0% | $698.2M+8.2% | $645.2M-3.7% | $670.3M+65.9% | $404.0M+18.6% | $340.6M+9.5% | $311.2M-1.9% | $317.4M |
| Total Equity | $578.1M-11.6% | $653.7M+1.1% | $646.4M-0.1% | $647.0M+6.3% | $608.9M+4.3% | $583.9M+9.7% | $532.2M+4.3% | $510.2M |
| Retained Earnings | $554.3M-12.3% | $631.8M+0.9% | $626.3M+0.5% | $623.0M+7.1% | $581.8M+5.1% | $553.9M-7.0% | $595.5M+3.2% | $576.8M |
ULH Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $25.9M+0.7% | $25.7M-69.5% | $84.3M+41.1% | $59.7M+525.5% | $9.6M-74.1% | $36.9M-24.8% | $49.0M-12.8% | $56.2M |
| Capital Expenditures | $54.5M-35.3% | $84.3M+60.3% | $52.6M+28.9% | $40.8M-47.1% | $77.1M+12.5% | $68.6M+41.5% | $48.5M-56.8% | $112.3M |
| Free Cash Flow | -$28.6M+51.2% | -$58.5M-284.5% | $31.7M+67.5% | $18.9M+128.0% | -$67.6M-113.3% | -$31.7M-5545.2% | $582K+101.0% | -$56.0M |
| Investing Cash Flow | -$51.8M+34.1% | -$78.5M-52.5% | -$51.5M+78.9% | -$243.9M-220.0% | -$76.2M-11.5% | -$68.4M-41.9% | -$48.2M+56.8% | -$111.4M |
| Financing Cash Flow | $25.7M-53.9% | $55.7M+319.5% | -$25.4M-112.8% | $198.6M+198.2% | $66.6M+128.3% | $29.2M+452.2% | -$8.3M-236.2% | $6.1M |
| Dividends Paid | $2.8M0.0% | $2.8M0.0% | $2.8M0.0% | $2.8M0.0% | $2.8M+0.1% | $2.8M+0.1% | $2.8M0.0% | $2.8M |
| Share Buybacks | $0 | N/A | N/A | $24K | N/A | N/A | $0-100.0% | $134K |
ULH Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -18.7%-23.8pp | 5.1%+1.0pp | 4.1%-4.1pp | 8.2%-2.0pp | 10.2%-5.1pp | 15.3%+6.6pp | 8.7%-0.0pp | 8.7% |
| Net Margin | -18.8%-21.0pp | 2.1%+0.5pp | 1.6%-2.8pp | 4.3%-2.3pp | 6.7%-4.0pp | 10.7%+5.2pp | 5.5%+0.0pp | 5.5% |
| Return on Equity | N/A | 1.3%+0.3pp | 0.9%-2.2pp | 3.1%-1.9pp | 5.1%-3.9pp | 9.0%+5.0pp | 4.0%-0.5pp | 4.5% |
| Return on Assets | -4.1%-4.6pp | 0.4%+0.1pp | 0.3%-0.8pp | 1.1%-1.0pp | 2.1%-1.7pp | 3.8%+2.1pp | 1.7%-0.1pp | 1.8% |
| Current Ratio | 1.32+0.0 | 1.28+0.1 | 1.18-0.2 | 1.35+0.1 | 1.26+0.0 | 1.22-0.2 | 1.40+0.0 | 1.36 |
| Debt-to-Equity | 1.24+0.2 | 1.07+0.1 | 1.00-0.0 | 1.04+0.4 | 0.66+0.1 | 0.580.0 | 0.58-0.0 | 0.62 |
| FCF Margin | -7.2%+7.7pp | -14.9%-23.2pp | 8.3%+4.2pp | 4.1%+18.7pp | -14.6%-8.2pp | -6.4%-6.6pp | 0.1%+13.5pp | -13.3% |
Similar Companies
Frequently Asked Questions
What is Universal Logistics Hldgs Inc's annual revenue?
Universal Logistics Hldgs Inc (ULH) reported $1.8B in total revenue for fiscal year 2024. This represents a 11.1% 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 Universal Logistics Hldgs Inc's revenue growing?
Universal Logistics Hldgs Inc (ULH) revenue grew by 11.1% year-over-year, from $1.7B to $1.8B in fiscal year 2024.
Is Universal Logistics Hldgs Inc profitable?
Yes, Universal Logistics Hldgs Inc (ULH) reported a net income of $129.9M in fiscal year 2024, with a net profit margin of 7.0%.
What is Universal Logistics Hldgs Inc's earnings per share (EPS)?
Universal Logistics Hldgs Inc (ULH) reported diluted earnings per share of $4.93 for fiscal year 2024. This represents a 39.7% 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.
What is Universal Logistics Hldgs Inc's EBITDA?
Universal Logistics Hldgs Inc (ULH) had EBITDA of $327.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Universal Logistics Hldgs Inc have?
As of fiscal year 2024, Universal Logistics Hldgs Inc (ULH) had $19.4M in cash and equivalents against $670.3M in long-term debt.
What is Universal Logistics Hldgs Inc's operating margin?
Universal Logistics Hldgs Inc (ULH) had an operating margin of 11.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Universal Logistics Hldgs Inc's net profit margin?
Universal Logistics Hldgs Inc (ULH) had a net profit margin of 7.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Universal Logistics Hldgs Inc pay dividends?
Yes, Universal Logistics Hldgs Inc (ULH) paid $0.42 per share in dividends during fiscal year 2024.
What is Universal Logistics Hldgs Inc's return on equity (ROE)?
Universal Logistics Hldgs Inc (ULH) has a return on equity of 20.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Universal Logistics Hldgs Inc's free cash flow?
Universal Logistics Hldgs Inc (ULH) generated -$139.2M in free cash flow during fiscal year 2024. This represents a -359.4% 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 Universal Logistics Hldgs Inc's operating cash flow?
Universal Logistics Hldgs Inc (ULH) generated $112.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Universal Logistics Hldgs Inc's total assets?
Universal Logistics Hldgs Inc (ULH) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Universal Logistics Hldgs Inc's capital expenditures?
Universal Logistics Hldgs Inc (ULH) invested $251.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Universal Logistics Hldgs Inc buy back shares?
Yes, Universal Logistics Hldgs Inc (ULH) spent $107K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Universal Logistics Hldgs Inc have outstanding?
Universal Logistics Hldgs Inc (ULH) had 26M shares outstanding as of fiscal year 2024.
What is Universal Logistics Hldgs Inc's current ratio?
Universal Logistics Hldgs Inc (ULH) had a current ratio of 1.35 as of fiscal year 2024, which is considered adequate.
What is Universal Logistics Hldgs Inc's debt-to-equity ratio?
Universal Logistics Hldgs Inc (ULH) had a debt-to-equity ratio of 1.04 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Universal Logistics Hldgs Inc's return on assets (ROA)?
Universal Logistics Hldgs Inc (ULH) had a return on assets of 7.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Universal Logistics Hldgs Inc's Altman Z-Score?
Universal Logistics Hldgs Inc (ULH) has an Altman Z-Score of 2.19, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Universal Logistics Hldgs Inc's Piotroski F-Score?
Universal Logistics Hldgs Inc (ULH) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Universal Logistics Hldgs Inc's earnings high quality?
Universal Logistics Hldgs Inc (ULH) has an earnings quality ratio of 0.87x, considered mixed quality. 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 Universal Logistics Hldgs Inc cover its interest payments?
Universal Logistics Hldgs Inc (ULH) has an interest coverage ratio of 5.9x, meaning it can comfortably 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 Universal Logistics Hldgs Inc?
Universal Logistics Hldgs Inc (ULH) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.