Recent News
On June 24, 2026 the company completed two related real‑estate agreements executed by a finance subsidiary, reflecting continued portfolio activity.
On July 31, 2026 Universal Logistics declared its quarterly cash dividend.
Technical Analysis
Directional indicators present a bearish tilt: DI+ stands at 18.88 and shows a decreasing pattern while DI– reads 18.98 and shows an increasing pattern; with ADX at 20.47 the market shows an emerging trend strength biased toward sellers, implying near‑term downside pressure on price.
MACD registers at –0.19 and trends down with the MACD below its 0.13 signal line, signaling bearish momentum and no bullish cross at present.
MRO reads 11.89 with a dip & reversal pattern; because the oscillator sits positive, price sits above the MRO target and carries a tendency to mean‑revert downward from current levels.
RSI at 48.49 and falling signals weakening internals and limited upside conviction until momentum stabilizes above mid‑range levels.
Price sits below short‑term averages: the 12‑day EMA has turned down and the 20‑day average at $18.12 exceeds the current close of $16.50, reinforcing short‑term resistance. The close trades between the 2x and 1x lower Bollinger bands, nearer the lower band, which supports the case for consolidation or a corrective move before any sustained rebound.
Volume surged to 357,079 on the most recent session versus a 10‑day average of 69,164 and a 200‑day average of 59,309, indicating above‑average participation during the recent directional move and raising the significance of current technical signals.
Fundamental Analysis
Revenue momentum remains positive on a year‑over‑year basis: YoY revenue growth at 7.18% coincides with slight QoQ softness. Total operating revenue registers $379.3M for the period, while gross profit reached $41.8M; gross margin stands at 11.01% with a minor YoY contraction.
Profitability shows divergence by measure. EBIT equals $47,667,000 and yields an EBIT margin of 12.57%, which sits above the industry peer median of 9.982% but below the industry peer mean of 22.091%, indicating stronger operating conversion than many peers but below top quartile performance. Operating margin compresses to 0.99%, reflecting reported non‑operating items and one‑time charges that reduce operating leverage on the income statement.
Earnings per share came in at $0.16 versus an estimate of $0.13, a surprise ratio of 23.08%, and forward EPS sits at $0.2875 with a forward P/E of 60.96. Trailing P/E reads 98.33, a high multiple that reflects low current EPS and the market’s expectation profile embedded in forward numbers.
Cash generation presents a constructive picture: operating cash flow reached $40.45M and free cash flow $27.14M, producing a free cash flow yield of 6.54%, which stands noticeably above the industry peer mean free cash flow yield of 1.10% and supports a valuation gap given current market capitalization and enterprise metrics.
Leverage and solvency show material risk: total debt equals $838.5M with net debt of $672.3M and debt/EBITDA at 10.37x, signaling heavy leverage relative to earnings. Debt‑to‑assets at 49.82% sits above the industry peer mean of 21.641% and the peer median of 14.416%, underscoring balance‑sheet sensitivity to operating shocks despite acceptable interest coverage of 3.64x.
Returns remain modest: return on equity equals 4.67% and return on assets 1.54%, consistent with a company converting revenue into modest shareholder returns while deploying capital into working assets. Asset turnover equals 0.2227, slightly below the industry peer mean of 0.2374, indicating room to improve capital efficiency.
Valuation summary: WMDST values the stock as under‑valued. The valuation case rests on a free cash flow yield well above peer averages, a low price‑to‑book of 0.74 versus peer median near 4.56, and an enterprise value multiple that contracted QoQ. Offsetting the upside case, leverage (debt/EBITDA >10x) and elevated trailing P/E introduce risk to capital structure and earnings resilience; both factors should weigh into any revaluation scenario.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-31 |
| NEXT REPORT DATE: | 2026-10-30 |
| CASH FLOW | Begin Period Cash Flow | $ 17.9 M |
| Operating Cash Flow | $ 40.5 M | |
| Capital Expenditures | $ -13.31 M | |
| Change In Working Capital | $ 14.0 M | |
| Dividends Paid | $ -2.77 M | |
| Cash Flow Delta | $ 2.4 M | |
| End Period Cash Flow | $ 20.3 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 379.3 M | |
| Forward Revenue | $ 27.5 M | |
| COSTS | ||
| Cost Of Revenue | $ 337.5 M | |
| Depreciation | $ 33.2 M | |
| Depreciation and Amortization | $ 33.2 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 375.6 M | |
| PROFITABILITY | ||
| Gross Profit | $ 41.8 M | |
| EBITDA | $ 80.9 M | |
| EBIT | $ 47.7 M | |
| Operating Income | $ 3.8 M | |
| Interest Income | $ 2.5 M | |
| Interest Expense | $ 13.1 M | |
| Net Interest Income | $ -10.56 M | |
| Income Before Tax | $ 34.6 M | |
| Tax Provision | $ 8.4 M | |
| Tax Rate | 24.263 % | |
| Net Income | $ 26.2 M | |
| Net Income From Continuing Operations | $ 26.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.13 | |
| EPS Actual | $ 0.16 | |
| EPS Difference | $ 0.03 | |
| EPS Surprise | 23.077 % | |
| Forward EPS | $ 0.29 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.7 B | |
| Intangible Assets | $ 208.6 M | |
| Net Tangible Assets | $ 352.5 M | |
| Total Current Assets | $ 377.7 M | |
| Cash and Short-Term Investments | $ 20.3 M | |
| Cash | $ 20.3 M | |
| Net Receivables | $ 267.4 M | |
| Inventory | — | |
| Long-Term Investments | $ 1.3 M | |
| LIABILITIES | ||
| Accounts Payable | $ 69.4 M | |
| Short-Term Debt | $ 98.5 M | |
| Total Current Liabilities | $ 316.0 M | |
| Net Debt | $ 672.3 M | |
| Total Debt | $ 838.5 M | |
| Total Liabilities | $ 1.1 B | |
| EQUITY | ||
| Total Equity | $ 561.0 M | |
| Retained Earnings | $ 529.2 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 21.28 | |
| Shares Outstanding | 26.368 M | |
| Revenue Per-Share | $ 14.39 | |
| VALUATION | Market Capitalization | $ 414.8 M |
| Enterprise Value | $ 1.2 B | |
| Enterprise Multiple | 15.251 | |
| Enterprise Multiple QoQ | -54.206 % | |
| Enterprise Multiple YoY | -41.812 % | |
| Enterprise Multiple IPRWA | high: 173.635 mean: 72.869 median: 58.938 ULH: 15.251 low: -89.09 |
|
| EV/R | 3.251 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.0 | |
| Asset To Liability | 1.5 | |
| Debt To Capital | 0.599 | |
| Debt To Assets | 0.498 | |
| Debt To Assets QoQ | -7.691 % | |
| Debt To Assets YoY | 1.63 % | |
| Debt To Assets IPRWA | high: 0.875 ULH: 0.498 mean: 0.216 median: 0.144 low: 0.001 |
|
| Debt To Equity | 1.495 | |
| Debt To Equity QoQ | -13.506 % | |
| Debt To Equity YoY | 7.161 % | |
| Debt To Equity IPRWA | high: 4.061 ULH: 1.495 mean: 0.833 median: 0.313 low: 0.001 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.739 | |
| Price To Book QoQ | -24.94 % | |
| Price To Book YoY | -27.688 % | |
| Price To Book IPRWA | high: 12.397 mean: 5.078 median: 4.561 ULH: 0.739 low: -4.223 |
|
| Price To Earnings (P/E) | 98.328 | |
| Price To Earnings QoQ | -163.534 % | |
| Price To Earnings YoY | 20.331 % | |
| Price To Earnings IPRWA | high: 138.415 ULH: 98.328 median: 49.437 mean: 48.488 low: -36.785 |
|
| PE/G Ratio | -0.441 | |
| Price To Sales (P/S) | 1.094 | |
| Price To Sales QoQ | -24.232 % | |
| Price To Sales YoY | -35.569 % | |
| Price To Sales IPRWA | high: 10.328 mean: 4.424 median: 4.032 ULH: 1.094 low: 0.66 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 60.963 | |
| Forward PE/G | -0.273 | |
| Forward P/S | 15.11 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 162.528 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.223 | |
| Asset Turnover Ratio QoQ | 5.892 % | |
| Asset Turnover Ratio YoY | 3.471 % | |
| Asset Turnover Ratio IPRWA | high: 0.856 median: 0.258 mean: 0.237 ULH: 0.223 low: 0.075 |
|
| Receivables Turnover | 1.446 | |
| Receivables Turnover Ratio QoQ | 2.009 % | |
| Receivables Turnover Ratio YoY | -5.654 % | |
| Receivables Turnover Ratio IPRWA | high: 4.853 mean: 2.07 median: 2.043 ULH: 1.446 low: 1.334 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 63.12 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 27.305 median: 27.305 mean: 24.795 low: 10.553 ULH: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 6.14 | |
| CapEx To Revenue | -0.035 | |
| CapEx To Depreciation | -0.401 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.2 B | |
| Net Invested Capital | $ 1.3 B | |
| Invested Capital | $ 1.3 B | |
| Net Tangible Assets | $ 352.5 M | |
| Net Working Capital | $ 61.8 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.064 | |
| Current Ratio | 1.196 | |
| Current Ratio QoQ | 5.698 % | |
| Current Ratio YoY | -6.408 % | |
| Current Ratio IPRWA | high: 1.882 mean: 1.298 median: 1.255 ULH: 1.196 low: 0.646 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 10.371 | |
| Cost Of Debt | 0.983 % | |
| Interest Coverage Ratio | 3.641 | |
| Interest Coverage Ratio QoQ | 483.351 % | |
| Interest Coverage Ratio YoY | 85.243 % | |
| Interest Coverage Ratio IPRWA | high: 54.34 mean: 14.599 median: 5.275 ULH: 3.641 low: -19.946 |
|
| Operating Cash Flow Ratio | 0.211 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 16.46 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 9.457 | |
| Dividend Payout Ratio | 0.106 | |
| Dividend Rate | $ 0.11 | |
| Dividend Yield | 0.007 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -2.391 % | |
| Revenue Growth | 3.196 % | |
| Revenue Growth QoQ | -168.998 % | |
| Revenue Growth YoY | 7.176 % | |
| Revenue Growth IPRWA | high: 25.849 % median: 14.356 % mean: 13.333 % ULH: 3.196 % low: -4.529 % |
|
| Earnings Growth | -223.077 % | |
| Earnings Growth QoQ | 15.67 % | |
| Earnings Growth YoY | -670.092 % | |
| Earnings Growth IPRWA | high: 68.317 % mean: 31.649 % median: 19.259 % low: -20.0 % ULH: -223.077 % |
|
| MARGINS | ||
| Gross Margin | 11.013 % | |
| Gross Margin QoQ | 29.886 % | |
| Gross Margin YoY | -5.541 % | |
| Gross Margin IPRWA | high: 25.658 % mean: 16.588 % median: 13.007 % ULH: 11.013 % low: 9.711 % |
|
| EBIT Margin | 12.566 % | |
| EBIT Margin QoQ | 500.382 % | |
| EBIT Margin YoY | 117.217 % | |
| EBIT Margin IPRWA | high: 43.946 % mean: 22.091 % ULH: 12.566 % median: 9.982 % low: -29.762 % |
|
| Return On Sales (ROS) | 0.993 % | |
| Return On Sales QoQ | -23.615 % | |
| Return On Sales YoY | -80.344 % | |
| Return On Sales IPRWA | high: 22.538 % median: 8.259 % mean: 7.874 % ULH: 0.993 % low: -19.667 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 27.1 M | |
| Free Cash Flow Yield | 6.542 % | |
| Free Cash Flow Yield QoQ | 45.637 % | |
| Free Cash Flow Yield YoY | -174.68 % | |
| Free Cash Flow Yield IPRWA | ULH: 6.542 % high: 3.601 % median: 1.167 % mean: 1.1 % low: -3.181 % |
|
| Free Cash Growth | 13.872 % | |
| Free Cash Growth QoQ | -79.296 % | |
| Free Cash Growth YoY | -104.876 % | |
| Free Cash Growth IPRWA | high: 151.389 % median: 37.663 % ULH: 13.872 % mean: 12.325 % low: -195.638 % |
|
| Free Cash To Net Income | 1.036 | |
| Cash Flow Margin | 17.609 % | |
| Cash Flow To Earnings | 2.551 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 1.537 % | |
| Return On Assets QoQ | -864.677 % | |
| Return On Assets YoY | 238.546 % | |
| Return On Assets IPRWA | high: 7.56 % median: 2.281 % mean: 2.213 % ULH: 1.537 % low: -8.119 % |
|
| Return On Capital Employed (ROCE) | 3.487 % | |
| Return On Equity (ROE) | 0.047 | |
| Return On Equity QoQ | -815.798 % | |
| Return On Equity YoY | 266.903 % | |
| Return On Equity IPRWA | high: 0.126 ULH: 0.047 mean: 0.045 median: 0.04 low: -0.044 |
|
| DuPont ROE | 4.763 % | |
| Return On Invested Capital (ROIC) | 2.88 % | |
| Return On Invested Capital QoQ | 537.168 % | |
| Return On Invested Capital YoY | 146.575 % | |
| Return On Invested Capital IPRWA | high: 12.31 % mean: 3.279 % median: 2.966 % ULH: 2.88 % low: -2.42 % |
|