Universal Logistics Holdings, Inc. (ULH) Financial Statements
Industry: Trucking (No Local)
In fiscal 2025, Universal Logistics reported revenue of $1.56B, down 15.6% from $1.85B the year before. Net income was -$99.9M (a -6.4% net margin), or -$3.79 per diluted share. Operating margin was -4.1%. Operating activities generated $183.0M of cash, leaving -$41.1M of free cash flow. At fiscal year end, Universal Logistics held $1.77B in total assets against $1.23B in total liabilities, including $26.8M of cash and equivalents.
Open the full interactive Universal Logistics financials → Quarterly statements, key ratios, valuation history and price charts.
Universal Logistics Key Stats
| Share Price | $17.41 |
|---|---|
| Market Cap | $459.1M |
| Dividend Yield | 2.41% |
| Revenue YoY Growth | -15.6% |
| 52-Week Range | $12.03 – $24.52 |
| Shares Outstanding | 26.4 million (basic, 2026 Q2) |
Universal Logistics Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.75B | $2.02B | $1.66B | $1.85B | $1.56B |
| Operating Income | $80.4M | $103.0M | $240.4M | $145.4M | $203.1M | -$64.3M |
| Pre-Tax Income | $63.9M | $98.6M | $225.4M | $124.3M | $173.7M | -$100.0M |
| Income Tax | $15.8M | $24.8M | $56.8M | $31.4M | $43.8M | -$139,000 |
| Net Income | $48.1M | $73.7M | $168.6M | $92.9M | $129.9M | -$99.9M |
| Diluted EPS | $1.78 | $2.74 | $6.37 | $3.53 | $4.93 | -$3.79 |
Universal Logistics Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $396.8M | $385.4M | $367.6M | $379.3M |
| Net Income | -$74.8M | -$39.4M | -$3.5M | $26.2M |
| Diluted EPS | -$2.84 | -$1.50 | -$0.13 | $0.99 |
Universal Logistics Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.8M | $13.9M | $47.2M | $12.5M | $19.4M | $26.8M |
| Current Assets | $321.5M | $420.7M | $459.7M | $361.1M | $409.8M | $382.8M |
| Total Assets | $1.06B | $1.14B | $1.20B | $1.25B | $1.79B | $1.77B |
| Current Liabilities | $272.8M | $312.7M | $286.9M | $260.4M | $304.6M | $318.1M |
| Total Long-Term Debt | $460.1M | $427.3M | $378.5M | $381.9M | $759.1M | $797.6M |
| Total Liabilities | $823.5M | $835.3M | $756.7M | $721.3M | $1.14B | $1.23B |
| Shareholders' Equity | $239.6M | $302.2M | $446.9M | $532.2M | $647.0M | $540.4M |
Universal Logistics Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $99.3M | $83.3M | $213.4M | $210.2M | $112.4M | $183.0M |
| Cash From Investing | -$86.6M | -$33.2M | -$103.7M | -$236.8M | -$462.9M | -$203.4M |
| Cash From Financing | -$8.9M | -$44.6M | -$78.2M | -$8.6M | $365.0M | $26.1M |
| Free Cash Flow | $8.6M | $44.4M | $96.3M | -$30.3M | -$139.2M | -$41.1M |
| Dividends Paid | $5.7M | $11.3M | $13.9M | $11.0M | $11.1M | $11.1M |
Figures from Universal Logistics' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Universal Logistics financials page for every line item.
Universal Logistics Company Profile
| Ticker | ULH |
|---|---|
| Exchange | Nasdaq |
| Industry | Trucking (No Local) |
| Headquarters | Warren, Michigan |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001308208 |
Frequently Asked Questions
What was Universal Logistics' revenue in fiscal 2025?
Universal Logistics (ULH) reported revenue of $1.56B for fiscal 2025.
What is Universal Logistics' annual revenue history?
Universal Logistics' annual revenue by fiscal year: 2020: $1.39B; 2021: $1.75B; 2022: $2.02B; 2023: $1.66B; 2024: $1.85B; 2025: $1.56B.
What was Universal Logistics' net income in fiscal 2025?
Universal Logistics reported net income of -$99.9M for fiscal 2025.
What was Universal Logistics' earnings per share (EPS) in fiscal 2025?
Universal Logistics' diluted EPS was -$3.79 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Universal Logistics generate in fiscal 2025?
Universal Logistics generated -$41.1M of free cash flow in fiscal 2025.
What was Universal Logistics' revenue last quarter?
In its most recent reported quarter (2026 Q2), Universal Logistics reported revenue of $379.3M.
How much debt does Universal Logistics have?
Universal Logistics reported $797.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Universal Logistics are outstanding?
Universal Logistics reported a weighted average of 26.4 million basic shares outstanding in 2026 Q2.
What is Universal Logistics' market cap?
Based on its latest closing price, Universal Logistics (ULH) has a market capitalization of about $459.1M.
When does Universal Logistics' fiscal year end?
Universal Logistics' fiscal year end, as registered with the SEC, is December 31.
Where is Universal Logistics headquartered?
Universal Logistics lists its business address in Warren, Michigan in its SEC filings.