ULH Q1 2023 Earnings — Universal Logistics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ULHUniversal Logistics Holdings, Inc.

$404M

Q1 2023 Earnings

Industrials Trucking

Income Statement

Revenue

$437M-16.5% YoY

Gross Profit

$66M15.2% margin

Operating Income

$38M8.7% margin

Net Income

$25M5.7% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$33M

Stock-Based Comp.

$161,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$767M

Stockholders' Equity

$468M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$437M	$524M	-16.5%
Gross Profit	$66M	$103M	-35.4%
Operating Income	$38M	$58M	-34.0%
Net Income	$25M	$42M	-40.8%

Revenue Segments

Value Added Services

$126M29%

Intermodal Services

$111M25%

Dedicated Services

$85M19%

Brokerage Services

$69M16%

Truckload Services

$46M11%