Loading...
Universal Logistics Q1 2025 Earnings Report
Universal Logistics Holdings, Inc. reported a significant decrease in net income and operating income for the first quarter of 2025, primarily due to lower auto production and sustained weakness in the freight market.
Key Takeaways
Universal Logistics Holdings, Inc. experienced a challenging first quarter in 2025, with consolidated net income falling to $6.0 million from $52.5 million in the prior year, and total operating revenues decreasing by 22.3% to $382.4 million. The decline was attributed to a sluggish start to the year, lower auto production, and a weak freight market, leading to a significant compression in operating margin.
Total operating revenues for Q1 2025 were $382.4 million, a 22.3% decrease from $491.9 million in Q1 2024.
Net income for Q1 2025 was $6.0 million, or $0.23 per share, significantly down from $52.5 million, or $1.99 per share, in Q1 2024.
Operating income decreased by $59.4 million to $15.7 million in Q1 2025, resulting in an operating margin of 4.1%, compared to 15.3% in the prior year.
The company declared a quarterly cash dividend of $0.105 per share, payable on July 1, 2025.
Revenue by Segment
Forward Guidance
Universal Logistics Holdings, Inc. remains confident in its business model and is taking actions to improve underperforming operations, focusing on strategic customer acquisition to drive profitable growth.
Positive Outlook
- Gained positive momentum as the quarter progressed.
- Confident in the strength and resilience of Universal's business model.
- Taking actions to improve results of underperforming operations.
- Highly focused on strategic customer acquisition.
- Objective of driving profitable growth.
Challenges Ahead
- Sluggish start to 2025.
- Early softness posed a significant headwind to overall performance.
- Lower auto production impacted top-line revenues.
- Sustained weakness in the freight market impacted top-line revenues.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...