Universal Logistics Holdings Inc
Universal Logistics Holdings, Inc. provides customized transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It operates through three segments: Contract Logistics, Intermodal, and Trucking. The Contract Logistics segment offers value-added or dedicated transportation services to support in-bound logistics to industrial customers and retailers, including mater… Read more
Universal Logistics Holdings Inc (ULH) - Net Assets
Latest net assets as of September 2025: $578.07 Million USD
Based on the latest financial reports, Universal Logistics Holdings Inc (ULH) has net assets worth $578.07 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Billion) and total liabilities ($1.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $578.07 Million |
| % of Total Assets | 31.81% |
| Annual Growth Rate | 14.87% |
| 5-Year Change | 170.07% |
| 10-Year Change | 393.61% |
| Growth Volatility | 42.61 |
Universal Logistics Holdings Inc - Net Assets Trend (2000–2024)
This chart illustrates how Universal Logistics Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Universal Logistics Holdings Inc (2000–2024)
The table below shows the annual net assets of Universal Logistics Holdings Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $647.02 Million | +21.58% |
| 2023-12-31 | $532.20 Million | +19.08% |
| 2022-12-31 | $446.93 Million | +47.89% |
| 2021-12-31 | $302.21 Million | +26.15% |
| 2020-12-31 | $239.57 Million | +16.74% |
| 2019-12-31 | $205.22 Million | -1.95% |
| 2018-12-31 | $209.30 Million | +24.02% |
| 2017-12-31 | $168.76 Million | +14.24% |
| 2016-12-31 | $147.73 Million | +12.70% |
| 2015-12-31 | $131.08 Million | -4.43% |
| 2014-12-31 | $137.16 Million | +29.93% |
| 2013-12-31 | $105.56 Million | +84.00% |
| 2012-12-31 | $57.37 Million | -64.61% |
| 2011-12-31 | $162.14 Million | -1.26% |
| 2010-12-31 | $164.21 Million | +6.34% |
| 2009-12-31 | $154.43 Million | -6.11% |
| 2008-12-31 | $164.48 Million | +8.61% |
| 2007-12-31 | $151.44 Million | +12.64% |
| 2006-12-31 | $134.45 Million | +18.80% |
| 2005-12-31 | $113.17 Million | +772.64% |
| 2004-12-31 | $-16.82 Million | -153.44% |
| 2003-12-31 | $31.49 Million | +15.26% |
| 2002-12-31 | $27.32 Million | -10.25% |
| 2001-12-31 | $30.44 Million | +31.04% |
| 2000-12-31 | $23.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Universal Logistics Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 62301800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $623.02 Million | 96.29% |
| Common Stock | $26.32 Million | 4.07% |
| Other Comprehensive Income | $-7.22 Million | -1.12% |
| Other Components | $4.91 Million | 0.76% |
| Total Equity | $647.02 Million | 100.00% |
Universal Logistics Holdings Inc Competitors by Market Cap
The table below lists competitors of Universal Logistics Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hillgrove Resources Limited
PINK:HLGVF
|
$106.02 Million |
|
Hap Seng Plantations Holdings Bhd
KLSE:5138
|
$106.10 Million |
|
Hitron Technologies Inc
TW:2419
|
$106.12 Million |
|
EKF DIAGNOST.HLDGS.LS-01
F:LYF
|
$106.14 Million |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
$105.98 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$105.94 Million |
|
Trimegah Securities Tbk
JK:TRIM
|
$105.92 Million |
|
Japan Cash Machine Co. Ltd
F:JCM
|
$105.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Universal Logistics Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 532,198,000 to 647,023,000, a change of 114,825,000 (21.6%).
- Net income of 129,907,000 contributed positively to equity growth.
- Dividend payments of 11,053,000 reduced retained earnings.
- Share repurchases of 107,000 reduced equity.
- Other comprehensive income decreased equity by 4,701,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $129.91 Million | +20.08% |
| Dividends Paid | $11.05 Million | -1.71% |
| Share Repurchases | $107.00K | -0.02% |
| Other Comprehensive Income | $-4.70 Million | -0.73% |
| Other Changes | $779.00K | +0.12% |
| Total Change | $- | 21.58% |
Book Value vs Market Value Analysis
This analysis compares Universal Logistics Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.22x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $2.20 | $15.90 | x |
| 2001-12-31 | $2.88 | $15.90 | x |
| 2002-12-31 | $2.58 | $15.90 | x |
| 2003-12-31 | $3.14 | $15.90 | x |
| 2004-12-31 | $-1.59 | $15.90 | x |
| 2005-12-31 | $7.36 | $15.90 | x |
| 2006-12-31 | $8.32 | $15.90 | x |
| 2007-12-31 | $9.39 | $15.90 | x |
| 2008-12-31 | $10.23 | $15.90 | x |
| 2009-12-31 | $9.66 | $15.90 | x |
| 2010-12-31 | $10.32 | $15.90 | x |
| 2011-12-31 | $10.40 | $15.90 | x |
| 2012-12-31 | $1.91 | $15.90 | x |
| 2013-12-31 | $3.50 | $15.90 | x |
| 2014-12-31 | $4.57 | $15.90 | x |
| 2015-12-31 | $4.48 | $15.90 | x |
| 2016-12-31 | $5.20 | $15.90 | x |
| 2017-12-31 | $5.94 | $15.90 | x |
| 2018-12-31 | $7.37 | $15.90 | x |
| 2019-12-31 | $7.31 | $15.90 | x |
| 2020-12-31 | $8.87 | $15.90 | x |
| 2021-12-31 | $11.22 | $15.90 | x |
| 2022-12-31 | $16.87 | $15.90 | x |
| 2023-12-31 | $20.23 | $15.90 | x |
| 2024-12-31 | $24.56 | $15.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Universal Logistics Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.04%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.76x
- Recent ROE (20.08%) is below the historical average (22.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.89% | 0.00% | 0.00x | 1.32x | $1.60 Million |
| 2001 | 16.97% | 0.00% | 0.00x | 1.28x | $2.12 Million |
| 2002 | 27.36% | 2.96% | 4.31x | 2.15x | $4.74 Million |
| 2003 | 27.69% | 3.14% | 4.15x | 2.12x | $5.57 Million |
| 2004 | 0.00% | 3.07% | 3.44x | 0.00x | $12.80 Million |
| 2005 | 15.17% | 3.23% | 3.36x | 1.40x | $5.85 Million |
| 2006 | 15.63% | 3.27% | 3.36x | 1.42x | $7.56 Million |
| 2007 | 11.78% | 2.62% | 3.28x | 1.37x | $2.69 Million |
| 2008 | 9.05% | 1.96% | 3.59x | 1.29x | $-1.56 Million |
| 2009 | 3.17% | 0.97% | 2.50x | 1.31x | $-10.54 Million |
| 2010 | 7.76% | 2.10% | 2.86x | 1.29x | $-3.68 Million |
| 2011 | 9.75% | 2.26% | 3.06x | 1.41x | $-400.60K |
| 2012 | 83.12% | 4.60% | 3.17x | 5.71x | $41.95 Million |
| 2013 | 47.91% | 4.89% | 2.11x | 4.64x | $40.02 Million |
| 2014 | 33.08% | 3.81% | 2.25x | 3.86x | $31.65 Million |
| 2015 | 30.52% | 3.54% | 2.21x | 3.90x | $26.89 Million |
| 2016 | 16.41% | 2.26% | 1.88x | 3.86x | $9.47 Million |
| 2017 | 16.68% | 2.31% | 1.99x | 3.62x | $11.28 Million |
| 2018 | 24.93% | 3.57% | 1.73x | 4.03x | $31.25 Million |
| 2019 | 18.32% | 2.49% | 1.56x | 4.73x | $17.06 Million |
| 2020 | 20.09% | 3.46% | 1.31x | 4.44x | $24.17 Million |
| 2021 | 24.40% | 4.21% | 1.54x | 3.76x | $43.51 Million |
| 2022 | 37.73% | 8.37% | 1.67x | 2.69x | $123.94 Million |
| 2023 | 17.46% | 5.59% | 1.33x | 2.36x | $39.68 Million |
| 2024 | 20.08% | 7.04% | 1.03x | 2.76x | $65.20 Million |
Industry Comparison
This section compares Universal Logistics Holdings Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $275,826,894
- Average return on equity (ROE) among peers: -61.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Universal Logistics Holdings Inc (ULH) | $578.07 Million | 16.89% | 2.14x | $106.00 Million |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.84 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $364.85 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.08 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.39 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.61 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |