UNIVERSAL LOGISTICS HOLDINGS (ULH) Company Report

Universal Logistics Holdings, Inc. reported a net loss of $(74.8) million and $(2.84) earnings per share for the third quarter of 2025, a decrease from a net income of $26.5 million and $1.01 EPS in the third quarter of 2024.
The Q3 2025 results include non-cash impairment charges totaling $81.2 million related to its intermodal reporting segment.
Consolidated operating revenues for Q3 2025 were $396.8 million, down from $426.8 million in the corresponding period last year.
The company declared a quarterly cash dividend of $0.105 per share.
Universal anticipates fourth quarter 2025 operating revenues to range from $365 million to $385 million.

Nov 6, 2025, 9:15 PM

Universal Logistics Holdings Subsidiary Completes $195.9 Million Debt Financing

ULH

Debt Issuance

New Projects/Investments

Universal Logistics Holdings, Inc.'s subsidiary, UDOT CTL-Funding, LLC, completed a credit tenant lease financing transaction on October 22, 2025, issuing a $195.9 million senior secured promissory note.
The Note bears a fixed interest rate of 6.84% per annum and is due on November 15, 2034, with monthly principal and interest payments.
Universal Logistics Holdings, Inc. executed a Limited Guaranty and an Environmental Indemnity for specific obligations, including prepayment shortfalls and environmental liabilities, while the Note's primary recourse is to the collateral in case of credit tenant rent default.
The proceeds from the Note will be utilized for closing costs and general business purposes.

Oct 27, 2025, 8:30 PM

Universal Logistics Delays Q3 Results Due to Intangible Asset Impairment

ULH

Earnings

Accounting Changes

Profit Warning

Universal Logistics Holdings Inc. has postponed the release of its third-quarter financial results, originally set for October 23, 2025, and the investor conference call, initially scheduled for October 24, 2025.
The delay is to finalize non-cash impairment charges related to intangible assets in its intermodal segment, with new dates to be announced once the financial reporting process is complete.
This follows missed second-quarter 2025 earnings estimates, with EPS of $0.32 versus a forecast of $0.34 and revenues of $393.8 million below the expected $398.5 million.
The company faces financial challenges, including a $911.7 million debt burden and a 54% stock decline over the past year, leading Stifel to lower its price target to $24 from $28 while maintaining a Hold rating.

Oct 24, 2025, 2:15 AM

Universal Logistics Holdings, Inc. Increases Revolving Credit Facility to $500 Million

ULH

Debt Issuance

Universal Logistics Holdings, Inc. (ULH) entered into a Third Amendment Agreement on October 1, 2025, modifying its Credit and Security Agreement.
This amendment increases the maximum revolving amount by $100.0 million, raising the total to $500.0 million through a partial exercise of the accordion feature.
The agreement also permits a subsidiary of Universal to borrow up to $200.0 million under a potential credit tenant lease financing transaction, with the net proceeds intended for repaying existing indebtedness and prepaying revolving loans.
The amendment includes customary affirmative and negative covenants, as well as financial covenants requiring minimum fixed charge coverage and leverage ratios.