Universal Logistics Holdings (ULH) Operating Margin (2010 - 2026)
Universal Logistics Holdings' (ULH) quarterly Operating Margin came in at 4.54% in Q4 2025, down 369.0% YoY from 1.69% in Q4 2024, and up 115.34% on a QoQ basis from 29.59% in Q3 2025.
Universal Logistics Holdings (ULH) Operating Margin (2010 - 2026) Analysis & Trends
Universal Logistics Holdings (ULH) has 16 years of Operating Margin data on file, last reported at 4.54% in Q4 2025.
- Quarterly Operating Margin fell 369.0% year-over-year to 4.54% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4.13% (down 1513.0% YoY) and the FY2025 annual result came in at 4.13%, down 1513.0% from the prior year.
- Operating Margin advanced to 4.54% in Q4 2025, from 29.59% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.27% in Q1 2024 to a low of 29.59% in Q3 2025.
- A 5-year average of 6.71% and a median of 8.72% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin surged 1005 bps — and 2025, when it tumbled 3958 bps.
- Tracing ULH's Operating Margin over 5 years: stood at 5.09% in 2021, then soared by 106 bps to 10.5% in 2022, then decreased by 17 bps to 8.72% in 2023, then fell by 6 bps to 8.23% in 2024, then sank by 45 bps to 4.54% in 2025.
- The last three Operating Margin figures came in at 4.54% (Q4 2025), 29.59% (Q3 2025), and 5.05% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.97 Bn | 42.68 Bn | 1.52 Bn | 29.94% |
| 2 | Xpo | 23.29 Bn | 22.99 Bn | 1.89 Bn | 11.51% |
| 3 | TFI International | 11.62 Bn | 11.41 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.56 Bn | 11.37 Bn | 1.77 Bn | 5.00% |
| 5 | Saia | 9.72 Bn | 9.64 Bn | - | 13.09% |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 4.55% |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 0.06% |
| 8 | Arcbest | 3.11 Bn | 2.95 Bn | 1.14 Bn | -1.74% |
| 9 | Werner Enterprises | 2.34 Bn | 2.28 Bn | - | 1.81% |
| 10 | Universal Logistics Holdings | 510.66 Mn | 490.34 Mn | 323.04 Mn | 11.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 11.90% |
| Dec 31, 2025 | 4.54% |
| Sep 27, 2025 | -29.59% |
| Jun 28, 2025 | 5.05% |
| Mar 29, 2025 | 4.10% |
| Dec 31, 2024 | 8.23% |
| Sep 28, 2024 | 9.99% |
| Jun 29, 2024 | 10.19% |
| Mar 30, 2024 | 15.27% |
| Dec 31, 2023 | 8.72% |
| Sep 30, 2023 | 8.73% |
| Jul 1, 2023 | 8.82% |
| Apr 1, 2023 | 8.73% |
| Dec 31, 2022 | 10.50% |
| Oct 1, 2022 | 13.80% |
| Jul 2, 2022 | 12.26% |
| Apr 2, 2022 | 11.04% |
| Dec 31, 2021 | 5.09% |
| Oct 2, 2021 | 3.75% |
| Jul 3, 2021 | 7.41% |