Universal Logistics Holdings (ULH) Operating Expenses (2010 - 2025)

Universal Logistics Holdings (ULH) has 16 years of Operating Expenses data on file, last reported at $367.9 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses fell 13.8% year-over-year to $367.9 million; the trailing twelve-month figure through Dec 2025 stood at $1.6 billion (down 1.23% YoY), and the FY2025 full-year result was $1.6 billion, down 1.23% from the prior year.
• Operating Expenses for Q4 2025 stood at $367.9 million, down from $514.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $514.2 million in Q3 2025 and bottomed at $356.8 million in Q4 2023.
• The 5-year median for Operating Expenses is $404.9 million (2022), against an average of $410.3 million.
• The widest annual swing landed in 2021, when Operating Expenses jumped 58.4%; it then fell 18.67% in 2023.
• A 5-year view of Operating Expenses shows it stood at $443.6 million in 2021, then retreated by 7.45% to $410.6 million in 2022, then decreased by 13.09% to $356.8 million in 2023, then increased by 19.62% to $426.8 million in 2024, then fell by 13.8% to $367.9 million in 2025.
• The last three Operating Expenses figures came in at $367.9 million (Q4 2025), $514.2 million (Q3 2025), and $373.9 million (Q2 2025), per Business Quant data.

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