Saturday 17 October 2026 Export ULH’s income statement to Excel — free account

Universal Logistics Holdings, Inc.

Universal Logistics Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, down 15.6% from fiscal 2024. In the quarter to June 2026, revenue fell 3.67%, EPS grew 209.4%, free cash flow grew 220.9% and total debt fell 12.9%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

16.45 0.31 −1.85%

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Market cap: $441.9M
P/E: 0.0×
Fwd P/E: 31.3×
Dividend yield: 2.55%
F-score: 3/9
Altman Z: 1.40
Beneish M: −3.32
Dividend safety: 16/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 73.53%

Capital & Financial Ratios $m

Market Cap 441.93

Revenue 1,529.11

Net Income (91.53)

Free Cash Flow 90.19

Net Debt 672.27

Current Ratio 1.20

Debt/Equity 1.23

P/E ratio 0.00

Fwd P/E 31.30

P/S ratio 0.28

P/B ratio 0.77

Past 5Y EPS Growth —

This Y EPS Growth 135.36%

Next Y EPS Growth (14.18%)

Next Y revenue growth (1.89%)

Next 5Y EPS Growth 15.93%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 9.07%

10-year low 10-year high

P/B against its own 10 years 3.06%

10-year low 10-year high

EV/Sales against its own 10 years 63.03%

10-year low 10-year high

EV/FCF against its own 10 years 20.30%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.42

Annual Dividend Yield 2.55%

	total	individual payouts
2026	0.32	0.11 0.11 0.11
2025	0.42	0.11 0.11 0.11 0.11
2024	0.42	0.11 0.11 0.11 0.11
2023	0.42	0.11 0.11 0.11 0.11
2022	0.42	0.11 0.11 0.11 0.11
2021	0.42	0.11 0.11 0.11 0.11
2020	0.21	0.11 0.11
2019	0.53	0.11 0.11 0.11 0.11 0.11
2018	0.39	0.07 0.11 0.11 0.11
2017	0.28	0.07 0.07 0.07 0.07
2016	0.28	0.07 0.07 0.07 0.07

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	23	31	37	20
Receivables	311	325	291	300
Inventory	—	—	—	—
Other	1	29	29	29
	365	410	383	378

	2023	2024	2025	Q'26
Payables	64	60	61	69
ST’ Debt	71	89	115	98
Other	46	56	45	39
	260	305	318	316

Compound Annual Growth %

	10y	5y	3y
Sales	3.28%	2.30%	(8.22%)
Cash Flow	8.86%	13.00%	(4.99%)
Earnings	0.00%	0.00%	0.00%
Book Value	15.22%	17.67%	6.53%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	368	379	—	—	—
’25	382	394	397	385	1,558
’24	492	462	427	465	1,846
’23	437	413	421	391	1,662
’22	524	527	506	459	2,015
’21	415	423	446	467	1,751
’20	382	258	365	386	1,391

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	33	40	—	—	—
’25	84	26	26	47	183
’24	37	10	6	60	112
’23	64	40	56	49	210
’22	41	28	75	69	213
’21	43	10	0	30	83
’20	25	83	(31)	22	99

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	25	66	—	—	—
’25	33	(55)	(27)	25	(23)
’24	(31)	(67)	(58)	22	(135)
’23	35	(7)	(55)	1	(27)
’22	38	0	32	42	111
’21	39	1	(8)	17	50
’20	(5)	74	(61)	5	13

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.13)	0.99	—	—	—
’25	0.23	0.32	(4.48)	0.14	(3.79)
’24	1.99	1.17	1.01	0.77	4.93
’23	0.95	0.90	0.88	0.81	3.53
’22	1.56	1.69	1.84	1.27	6.37
’21	0.80	0.95	0.38	0.60	2.74
’20	0.45	0.23	0.50	0.60	1.78

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.09	11.65	17.40	17.57	11.02	16.62	15.86	20.85	27.49	12.78	Analyst estimates 2026–2028 Powerpack
	High	18.31	24.65	37.67	27.49	23.94	27.95	40.76	45.00	53.29	47.42
People
People	Employees	6,275	8,231	6,335	6,541	6,187	8,004	8,646	9,311	10,821	10,525
	Revenue/emp, $m	0.17	0.15	0.23	0.23	0.22	0.22	0.23	0.18	0.17	0.15
Income, $m
Income, $m	Revenue	1,073	1,217	1,462	1,512	1,391	1,751	2,015	1,662	1,846	1,558
	Gross margin, %	24.73	23.97	24.19	25.76	25.35	25.02	30.14	31.09	40.77	34.99
	EBT	39	17	69	50	64	99	225	124	174	(100)
	EBT margin, %	3.67	1.41	4.75	3.32	4.59	5.63	11.18	7.48	9.41	(6.42)
	Net income	24	28	52	38	48	74	169	93	130	(100)
	Depreciation	37	47	56	75	75	68	77	78	125	147
Per share, $
Per share, $	Revenue	37.76	42.80	51.50	53.87	51.53	65.05	76.14	63.24	70.15	59.19
	Earnings	0.85	0.99	1.84	1.34	1.78	2.74	6.37	3.53	4.94	(3.79)
	Cash flow	2.42	2.95	3.34	4.56	3.68	3.09	8.06	8.00	4.27	6.95
	Capex	(3.34)	(2.19)	(2.21)	(2.44)	(3.20)	(1.23)	(3.88)	(9.02)	(9.39)	(7.84)
	Free cash flow	(0.93)	0.76	1.13	2.12	0.47	1.86	4.18	(1.02)	(5.12)	(0.89)
	Book value	5.20	5.94	7.37	7.31	8.87	11.23	16.89	20.25	24.59	20.52
	Shares, m	28	28	28	28	27	27	26	26	26	26
Valuation, ×
Valuation, ×	P/E	18.78	24.14	9.83	14.26	11.57	6.91	5.36	8.05	9.30	0.00
	P/S	0.43	0.56	0.35	0.35	0.40	0.29	0.45	0.45	0.65	0.26
	P/B	3.11	4.03	2.45	2.59	2.32	1.68	2.02	1.41	1.87	0.74
	EV/Sales	0.66	0.75	0.61	0.64	0.72	0.52	0.61	0.67	1.05	0.74
	EV/FCF	(26.77)	41.96	27.90	16.37	78.09	18.25	11.06	(41.35)	(14.37)	(49.62)
Cash, $m
Cash, $m	Operating cash flow	69	84	95	128	99	83	213	210	112	183
	Capex	(95)	(62)	(63)	(69)	(87)	(33)	(103)	(237)	(247)	(206)
	Free cash flow	(26)	22	32	59	13	50	111	(27)	(135)	(23)
Balance, $m
Balance, $m	Working capital	63	30	54	21	49	108	173	105	105	65
	Total debt	261	248	400	458	460	427	379	382	759	798
	Net debt	245	231	385	441	445	405	321	359	728	760
	Shareholders’ equity	148	169	209	205	240	302	447	532	647	540
Returns, %
Returns, %	ROA	4.52	4.77	7.18	4.09	4.68	6.70	14.41	7.56	8.55	(5.61)
	ROIC	7.41	3.94	8.81	6.33	7.34	9.09	19.56	10.20	9.23	(3.09)
	ROE	17.39	17.79	27.60	18.13	21.64	27.22	45.02	18.98	22.03	(16.82)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RXO RXO INC	$4.8B	— (loss-making)	— (loss-making)	+25.02% (above 0%: growing)	n/m	−620.00% (below 0%: shrinking)	14.04%	0.06%	Compare
ARCB ArcBest Corporation	$3.0B	186×	33.5×	+15.87% (above 0%: growing)	n/m	+45.84% (above 0%: growing)	(1.74%)	(1.74%)	Compare
WERN Werner Enterprises, Inc.	$2.0B	— (loss-making)	56.2×	+24.00% (above 0%: growing)	−84.72% (below 0%: shrinking)	+581.60% (above 0%: growing)	52.19%	1.81%	Compare
MRTN Marten Transport, Ltd.	$1.1B	75.5×	59.2×	−2.77% (below 0%: shrinking)	−22.22% (below 0%: shrinking)	+100,952.63% (above 0%: growing)	62.16%	3.09%	Compare
HTLD Heartland Express, Inc.	$860.7M	— (loss-making)	— (loss-making)	−12.48% (below 0%: shrinking)	n/m	+144.91% (above 0%: growing)	27.63%	8.99%	Compare
CVLG Covenant Logistics Group, Inc.	$781.9M	205×	22.4×	+9.91% (above 0%: growing)	−10.53% (below 0%: shrinking)	−406.90% (below 0%: shrinking)	58.97%	2.66%	Compare
ULH Universal Logistics Holdings, Inc.	$441.9M	— (loss-making)	31.3×	−3.67% (below 0%: shrinking)	+209.37% (above 0%: growing)	+220.86% (above 0%: growing)	37.71%	11.90%
PAMT PAMT Corp.	$250.3M	— (loss-making)	— (loss-making)	+8.94% (above 0%: growing)	n/m	−109.49% (below 0%: shrinking)	60.74%	(6.32%)	Compare
TSPH CreateAI Holdings Inc.	$41.2M	— (loss-making)	— (loss-making)	−96.45% (below 0%: shrinking)	n/m	+26.30% (above 0%: growing)	0.00%	0.00%	Compare
Median of peers	$955.4M	186×	44.9×	+9.43%	−22.22%	+36.07%	39.91%	0.94%

All 18 Trucking stocks →

Universal Logistics Holdings, Inc. (ULH) key facts

Concern: Universal Logistics Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, down 15.6% from fiscal 2024.
Universal Logistics Holdings, Inc. (ULH) is a Trucking company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, ULH traded at $16.45, a market capitalization of $441.9 million.
Universal Logistics Holdings, Inc. pays an annual dividend of $0.42 per share, a yield of 2.55%.
Return on equity was −16.8% and debt-to-equity 1.23.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.40 (distress zone) for fiscal 2025.