Universal Logistics Holdings Inc ( (ULH) ) has released its Q4 earnings. Here is a breakdown of the information Universal Logistics Holdings Inc presented to its investors.
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Universal Logistics Holdings, Inc. is a holding company offering a comprehensive range of customized transportation and logistics solutions across the United States, as well as in Mexico, Canada, and Colombia, through its various subsidiaries.
In its fourth quarter earnings report for 2024, Universal Logistics Holdings reported a significant increase in operating revenues by 19% to $465.1 million compared to the same quarter in the previous year. Despite this growth in revenue, the company’s earnings per share saw a slight decline, dropping by 4.9% to $0.77 per share.
Key financial highlights include a 12.3% increase in operating income to $38.3 million and a notable rise in EBITDA to $73.5 million, representing a 15.8% EBITDA margin. The company’s contract logistics segment was a major contributor to this performance, with a substantial 52.7% increase in operating revenues. However, the intermodal segment faced challenges with a 15.9% decline in operating revenues and an increased operating loss.
Looking ahead, Universal Logistics Holdings plans to continue its focused investments in the contract logistics segment and aims to enhance efficiency across underperforming operations. The company remains committed to delivering exceptional service and executing its long-term strategic plans.
