InsiderClue
Stocks · Industrials · Trucking (No Local)

UNIVERSAL LOGISTICS HOLDINGS, INC.

ULH Clue Score23
United States Fiscal year ends December CIK 0001308208
$17.35 -0.06% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $17.35 −13.03% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,072.8Operating income46.6Net income24.2EPS, diluted0.85Fiscal year 2017Revenue1,216.7 +13.4%Operating income25.2Net income28.2 +16.1%EPS, diluted0.99 +16.5%Fiscal year 2018Revenue1,461.7 +20.1%Operating income83.8Net income52.2 +85.3%EPS, diluted1.84 +85.9%Fiscal year 2019Revenue1,512.0 +3.4%Operating income65.4Net income37.6 −28.0%EPS, diluted1.34 −27.2%Fiscal year 2020Revenue1,391.1 −8.0%Operating income80.4Net income48.1 +28.1%EPS, diluted1.78 +32.8%Fiscal year 2021Revenue1,751.0 +25.9%Operating income103.0Net income73.7 +53.2%EPS, diluted2.74 +53.9%Fiscal year 2022Revenue2,015.5 +15.1%Operating income240.4Net income168.6 +128.7%EPS, diluted6.37 +132.5%Fiscal year 2023Revenue1,662.1 −17.5%Operating income145.4Net income92.9 −44.9%EPS, diluted3.53 −44.6%Fiscal year 2024Revenue1,846.0 +11.1%Operating income203.1Net income129.9 +39.8%EPS, diluted4.93 +39.7%Fiscal year 2025Revenue1,558.4 −15.6%Operating income−64.3Net income−99.9 −176.9%EPS, diluted−3.79 −176.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,072.8 1,216.7 1,461.7 1,512.0 1,391.1 1,751.0 2,015.5 1,662.1 1,846.0 1,558.4
Growth +13.4% +20.1% +3.4% −8.0% +25.9% +15.1% −17.5% +11.1% −15.6%
Operating income 46.6 25.2 83.8 65.4 80.4 103.0 240.4 145.4 203.1 −64.3
Net income 24.2 28.2 52.2 37.6 48.1 73.7 168.6 92.9 129.9 −99.9
Growth +16.1% +85.3% −28.0% +28.1% +53.2% +128.7% −44.9% +39.8% −176.9%
EPS, diluted 0.85 0.99 1.84 1.34 1.78 2.74 6.37 3.53 4.93 −3.79
Growth +16.5% +85.9% −27.2% +32.8% +53.9% +132.5% −44.6% +39.7% −176.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin4.3%Net margin2.3%Free cash flow margin−2.7%Fiscal year 2017Operating margin2.1%Net margin2.3%Free cash flow margin1.7%Fiscal year 2018Operating margin5.7%Net margin3.6%Free cash flow margin1.9%Fiscal year 2019Operating margin4.3%Net margin2.5%Free cash flow margin3.2%Fiscal year 2020Operating margin5.8%Net margin3.5%Free cash flow margin0.6%Fiscal year 2021Operating margin5.9%Net margin4.2%Free cash flow margin2.5%Fiscal year 2022Operating margin11.9%Net margin8.4%Free cash flow margin4.8%Fiscal year 2023Operating margin8.8%Net margin5.6%Free cash flow margin−1.8%Fiscal year 2024Operating margin11.0%Net margin7.0%Free cash flow margin−7.5%Fiscal year 2025Operating margin−4.1%Net margin−6.4%Free cash flow margin−2.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 4.3% 2.1% 5.7% 4.3% 5.8% 5.9% 11.9% 8.8% 11.0% −4.1%
Net margin 2.3% 2.3% 3.6% 2.5% 3.5% 4.2% 8.4% 5.6% 7.0% −6.4%
Free cash flow margin −2.7% 1.7% 1.9% 3.2% 0.6% 2.5% 4.8% −1.8% −7.5% −2.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow68.6Capital expenditure−97.4Free cash flow−28.7Buybacks−0.0Dividends paid−8.0Fiscal year 2017Operating cash flow83.8Capital expenditure−63.4Free cash flow20.5Buybacks−1.5Dividends paid−8.0Fiscal year 2018Operating cash flow94.9Capital expenditure−66.6Free cash flow28.3 +38.2%Buybacks−0.9Dividends paid−10.9Fiscal year 2019Operating cash flow128.0Capital expenditure−79.8Free cash flow48.3 +70.5%Buybacks−24.8Dividends paid−15.0Fiscal year 2020Operating cash flow99.3Capital expenditure−90.7Free cash flow8.6 −82.1%Buybacks−5.1Dividends paid−5.7Fiscal year 2021Operating cash flow83.3Capital expenditure−38.8Free cash flow44.4 +415.2%Buybacks0.0Dividends paid−11.3Fiscal year 2022Operating cash flow213.4Capital expenditure−117.1Free cash flow96.3 +116.7%Buybacks−14.3Dividends paid−13.9Fiscal year 2023Operating cash flow210.2Capital expenditure−240.6Free cash flow−30.3 −131.5%Buybacks−0.1Dividends paid−11.0Fiscal year 2024Operating cash flow112.4Capital expenditure−251.6Free cash flow−139.2Buybacks−0.1Dividends paid−11.1Fiscal year 2025Operating cash flow183.0Capital expenditure−224.2Free cash flow−41.1Buybacks−0.1Dividends paid−11.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 68.6 83.8 94.9 128.0 99.3 83.3 213.4 210.2 112.4 183.0
Capital expenditure −97.4 −63.4 −66.6 −79.8 −90.7 −38.8 −117.1 −240.6 −251.6 −224.2
Free cash flow −28.7 20.5 28.3 48.3 8.6 44.4 96.3 −30.3 −139.2 −41.1
Growth +38.2% +70.5% −82.1% +415.2% +116.7% −131.5%
Buybacks −0.0 −1.5 −0.9 −24.8 −5.1 0.0 −14.3 −0.1 −0.1 −0.1
Dividends paid −8.0 −8.0 −10.9 −15.0 −5.7 −11.3 −13.9 −11.0 −11.1 −11.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.8Total debt261.3Net cash (debt)−259.5Shareholders’ equity147.7Debt to equity1.77Fiscal year 2017Cash1.7Total debt248.0Net cash (debt)−246.3Shareholders’ equity168.8Debt to equity1.47Fiscal year 2018Cash5.7Total debt400.5Net cash (debt)−394.7Shareholders’ equity209.3Debt to equity1.91Fiscal year 2019Cash7.7Total debt457.6Net cash (debt)−449.9Shareholders’ equity205.2Debt to equity2.23Fiscal year 2020Cash8.8Total debt460.1Net cash (debt)−451.4Shareholders’ equity239.6Debt to equity1.92Fiscal year 2021Cash13.9Total debt427.3Net cash (debt)−413.4Shareholders’ equity302.2Debt to equity1.41Fiscal year 2022Cash47.2Total debt378.5Net cash (debt)−331.3Shareholders’ equity446.9Debt to equity0.85Fiscal year 2023Cash12.5Total debt381.9Net cash (debt)−369.4Shareholders’ equity532.2Debt to equity0.72Fiscal year 2024Cash19.4Total debt759.1Net cash (debt)−739.7Shareholders’ equity647.0Debt to equity1.17Fiscal year 2025Cash26.8Total debt797.6Net cash (debt)−770.7Shareholders’ equity540.4Debt to equity1.48
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.8 1.7 5.7 7.7 8.8 13.9 47.2 12.5 19.4 26.8
Total debt 261.3 248.0 400.5 457.6 460.1 427.3 378.5 381.9 759.1 797.6
Net cash (debt) −259.5 −246.3 −394.7 −449.9 −451.4 −413.4 −331.3 −369.4 −739.7 −770.7
Shareholders’ equity 147.7 168.8 209.3 205.2 239.6 302.2 446.9 532.2 647.0 540.4
Debt to equity 1.77 1.47 1.91 2.23 1.92 1.41 0.85 0.72 1.17 1.48

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
4.3% 2.1% 5.7% 4.3% 5.8% 5.9% 11.9% 8.8% 11.0% −4.1%
3.7% 1.4% 4.7% 3.3% 4.6% 5.6% 11.2% 7.5% 9.4% −6.4%
2.3% 2.3% 3.6% 2.5% 3.5% 4.2% 8.4% 5.6% 7.0% −6.4%
−2.7% 1.7% 1.9% 3.2% 0.6% 2.5% 4.8% −1.8% −7.5% −2.6%
Spending
3.6% 2.6% 2.2% 2.9% 2.4% 2.4% 2.4% 3.0% 3.1% 3.5%
9.1% 5.2% 4.6% 5.3% 6.5% 2.2% 5.8% 14.5% 13.6% 14.4%
38.5% −64.2% 24.8% 25.1% 24.7% 25.2% 25.2% 25.3% 25.2% n/a
Returns
16.4% 16.7% 24.9% 18.3% 20.1% 24.4% 37.7% 17.5% 20.1% −18.5%
4.2% 4.6% 6.2% 3.8% 4.5% 6.5% 14.0% 7.4% 7.3% −5.6%
Balance and payout
1.77 1.47 1.91 2.23 1.92 1.41 0.85 0.72 1.17 1.48
32.8% 28.3% 20.9% 40.0% 11.9% 15.3% 8.3% 11.9% 8.5% n/a
n/a 46.1% 41.9% 82.5% 126.0% 25.4% 29.3% n/a n/a n/a