Universal Logistics Holdings Inc ( (ULH) ) has released its Q1 earnings. Here is a breakdown of the information Universal Logistics Holdings Inc presented to its investors.
Universal Logistics Holdings Inc., a provider of customized transportation and logistics solutions across the United States, Mexico, Canada, and Colombia, has reported its financial results for the first quarter of 2025, highlighting a challenging start to the year.
The company experienced a significant decline in its financial performance for the first quarter of 2025, with operating revenues falling by 22.3% to $382.4 million and net income dropping to $6.0 million from $52.5 million in the same period last year. Earnings per share also saw a sharp decrease, coming in at $0.23 compared to $1.99 in the previous year. Despite these declines, Universal Logistics declared a quarterly dividend of $0.105 per share.
Key financial metrics revealed a decrease in operating income by $59.4 million to $15.7 million, with an operating margin of 4.1%, down from 15.3% the previous year. EBITDA also fell significantly, decreasing by $45.2 million to $51.7 million. Segment-wise, the contract logistics segment saw an 18.4% drop in revenues, while the intermodal and trucking segments experienced declines of 9.8% and 20.2%, respectively.
Despite the challenging quarter, Universal Logistics remains optimistic about its business model’s resilience. The company is focusing on improving underperforming operations and strategic customer acquisition to drive future growth. Management is confident in overcoming the current market headwinds and achieving profitable growth in the coming quarters.