Universal Logistics Holdings (ULH) Operating Expenses (2010 - 2026)
Universal Logistics Holdings' Operating Expenses was $334.19 million in Q2 2026, down 10.6% from $373.9 million a year earlier.
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Analysis
Universal Logistics Holdings (ULH) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Universal Logistics Holdings' Operating Expenses was $1.59 billion through Jul 4, 2026, up 2.5% year-over-year; for FY2025, it was $1.62 billion, down 1.2% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $1.64 billion in FY2024 (+8.3%), $1.52 billion in FY2023 (-14.6%), $1.78 billion in FY2022 (+7.7%) and $1.65 billion in FY2021 (+25.7%).
- The Q2 2026 figure marks the lowest quarterly Operating Expenses since Q2 2020.
- Compared with a year earlier, Operating Expenses was higher in two of the last seven quarters, with growth averaging 1.0%.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2025 (growth of 33.8%); the worst was Q2 2023 (a decline of 18.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 4.10 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.95 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 21.90 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 2.34 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 17.89 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 1.09 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 4.43 Bn |
| 10 | Universal Logistics Holdings | 458.80 Mn | 329.92 Mn | - | 334.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 334.19 Mn |
| Dec 31, 2025 | 367.94 Mn |
| Sep 27, 2025 | 514.20 Mn |
| Jun 28, 2025 | 373.90 Mn |
| Mar 29, 2025 | 366.71 Mn |
| Dec 31, 2024 | 426.85 Mn |
| Sep 28, 2024 | 384.20 Mn |
| Jun 29, 2024 | 415.06 Mn |
| Mar 30, 2024 | 416.82 Mn |
| Dec 31, 2023 | 356.83 Mn |
| Sep 30, 2023 | 384.49 Mn |
| Jul 1, 2023 | 376.18 Mn |
| Apr 1, 2023 | 399.20 Mn |
| Dec 31, 2022 | 410.56 Mn |
| Oct 1, 2022 | 435.92 Mn |
| Jul 2, 2022 | 462.53 Mn |
| Apr 2, 2022 | 466.01 Mn |
| Dec 31, 2021 | 443.60 Mn |
| Oct 2, 2021 | 428.88 Mn |
| Jul 3, 2021 | 391.47 Mn |
API Access
Universal Logistics Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ULH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ULH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ULH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();