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Universal Logistics Holdings, Inc. ULH Contract Logistics — Labor And Related Expense

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Other financials

Income statement

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Revenue$367.6M-3.9%
Operating income$4.8M-69.5%
Net income-$3.5M-158%
EPS (diluted)-$0.13-157%

Balance sheet

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Cash & equivalents$17.9M-13.0%
Total debt$930.7M+10.9%
Total equity$538.6M-16.7%
Total assets$1.7B-4.2%

Cash flow

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Operating cash flow$33.4M-60.4%
CapEx$9.6M-81.8%
Free cash flow$23.8M-24.9%

Valuation

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Market cap$529.24M-17.4%
Enterprise value$1.44B-5.3%
P/S0.3×0.0×

Profitability

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Operating margin-4.9%-13.2pp
Net margin-7.1%-11.9pp
FCF margin5.1%

Returns & leverage

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Return on equity-18.5%-32.0pp
Debt / equity1.7×+0.4×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Universal Logistics Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Universal Logistics Holdings, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-224068
Line itemContract LogisticsIntermodalTruckingOther (2)Total
Total operating revenues (1)$269,533$47,854$50,188$367,575
Operating expenses:
Purchased transportation and equipment rent92217,63037,8994,22760,678
Direct personnel and related benefits158,96415,4211,818176,203
Operating supplies and expenses39,1439,4881,545(1,849)48,327
Commission expense6703,5164,186
Occupancy expense11,2765,85660(1,633)15,559
Depreciation and amortization22,3235,0282,8825,41035,643

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is Universal Logistics Holdings, Inc.'s contract logistics — labor and related expense?
Universal Logistics Holdings, Inc. (ULH) reported contract logistics — labor and related expense of $158.96M in Q1 2026.
How has Universal Logistics Holdings, Inc.'s contract logistics — labor and related expense changed year-over-year?
Universal Logistics Holdings, Inc.'s contract logistics — labor and related expense increased by 9.6% year-over-year, from $145.02M to $158.96M.
What is the long-term trend for Universal Logistics Holdings, Inc.'s contract logistics — labor and related expense?
Over 3 years (2022 to 2025), Universal Logistics Holdings, Inc.'s contract logistics — labor and related expense has grown at a 11.0% compound annual growth rate (CAGR), from $446.25M to $610.03M.
What does contract logistics — labor and related expense mean?
This captures the total costs associated with personnel, including wages, benefits, and payroll taxes required to operate logistics facilities and services. As a major component of operating costs, it highlights the labor intensity of the contract logistics segment.

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