)

Universal Logistics (ULH) investor relations material
Universal Logistics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 operating revenues were $393.8M, down 14.8% year-over-year, with net income of $8.3M and EPS of $0.32, reflecting lower transactional transportation services and the completion of a specialty project in 2024.
Over 11,000 employees and contractors contributed to maintaining high service standards.
Strategic initiatives included new sales leadership, expanded sales team, and CRM rollout to support a $1B sales pipeline.
Acquisition of Parsec contributed $55M in Q2 2025, partially offsetting declines from completed projects and closed operations.
Quarterly dividend declared at $0.105 per share, consistent with the prior year.
Financial highlights
Q2 2025 operating revenues: $393.8M; net income: $8.3M ($0.32 per diluted share); operating income: $19.9M (5.1% margin); EBITDA: $56.2M (14.3% margin).
Compared to Q2 2024: revenues down from $462.2M, net income down from $30.7M ($1.17/share), operating income down from $47.1M, EBITDA down from $84.8M.
Operating and EBITDA margins declined year-over-year from 10.2% and 18.4%, respectively.
Purchased transportation and equipment rent costs dropped 40.6% in Q2 2025, while direct personnel costs rose 24% due to Parsec acquisition.
Interest expense increased 28.6% in Q2 2025, reflecting higher outstanding borrowings.
Outlook and guidance
Q3 2025 revenue expected between $390M–$410M, operating margins 5%–7%, EBITDA margins 14%–16%.
Full-year 2025 revenue guidance: $1.6B–$1.7B, with margins similar to Q3 guidance.
Full-year capex expected at $100M–$125M for equipment, $50M–$65M for real estate; interest expense $48M–$51M.
Management expects to fund near-term working capital and capex with existing cash, operations, and credit facilities, but notes that prolonged inflation or further declines in cash flow may require additional financing.
The impact of the One Big Beautiful Bill Act on deferred tax balances will be recorded in Q3, with no material effect expected.
Next Universal Logistics earnings date

Next Universal Logistics earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage