Universal Logistics Holdings (ULH) Operating Margin (2010 - 2026)
Universal Logistics Holdings' Operating Margin was 11.90% in Q2 2026, up 6.85 percentage points from 5.05% a year earlier.
Universal Logistics Holdings (ULH) Operating Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Universal Logistics Holdings' Operating Margin was -2.24% through Jul 4, 2026, down 9.23 percentage points year-over-year; for FY2025, it was -4.13%, down 15.13 percentage points from FY2024.
- Operating Margin shows a five-year change of -9.91 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 11.00% in FY2024 (+2.25 pp), 8.75% in FY2023 (-3.18 pp), 11.93% in FY2022 (+6.05 pp) and 5.88% in FY2021 (+0.10 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q1 2024.
- Compared with a year earlier, Operating Margin was higher in two of the last seven quarters, with an average year-over-year change of -7.42 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2022 (a gain of 10.05 percentage points); the worst was Q3 2025 (a drop of 39.58 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 40.25% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 32.44% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.12% |
| 10 | Universal Logistics Holdings | 458.80 Mn | 329.92 Mn | - | 11.90% |
Historic 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% |
Universal Logistics Holdings Operating Margin 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-margin&ticker=ULH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=ULH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();