ULH (Universal Logistics Holdings) Gross Margin %: 8.48% (As of Mar. 2026) — 32% Below Median


ULH Universal Logistics Holdings Inc ULH
58 GF Score
Price $15.28
GF Value $23.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is Universal Logistics Holdings Gross Margin %?

Universal Logistics Holdings ULH -0.26% 58 Gross Margin % is 8.48% as of Mar. 2026, which is 32% below its 10-year median of 12.45. GuruFocus rates ULH with a GF Score™ of 58/100 and a GF Value™ of $23.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 985 Transportation companies, Universal Logistics Holdings ranks worse than 78.78% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Universal Logistics Holdings's Gross Profit for the three months ended in Mar. 2026 was $31 Mil. Universal Logistics Holdings's Revenue for the three months ended in Mar. 2026 was $368 Mil. Therefore, Universal Logistics Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 8.48%.


The historical rank and industry rank for Universal Logistics Holdings's Gross Margin % or its related term are showing as below:

ULH' s Gross Margin % Range Over the Past 10 Years
Min: 9.88   Med: 12.45   Max: 17.48
Current: 9.88


During the past 13 years, the highest Gross Margin % of Universal Logistics Holdings was 17.48%. The lowest was 9.88%. And the median was 12.45%.

ULH's Gross Margin % is ranked worse than
78.78% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs ULH: 9.88

Universal Logistics Holdings had a gross margin of 8.48% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Universal Logistics Holdings was 1.00% per year.


Universal Logistics Holdings  (NAS:ULH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Universal Logistics Holdings had a gross margin of 8.48% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Universal Logistics Holdings Gross Margin % Related Terms


Universal Logistics Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Universal Logistics Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Logistics Holdings Gross Margin % Chart

Universal Logistics Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.43 17.48 15.29 17.20 10.36

Universal Logistics Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.48 11.66 8.42 10.91 8.48

ULH vs PAMT, TOPP, ETS: Gross Margin % Comparison

For the Trucking subindustry, Universal Logistics Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal Logistics Holdings Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Universal Logistics Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Universal Logistics Holdings's Gross Margin % falls into.


ULH
58GF Score
Universal Logistics Holdings Inc ULH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Logistics Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Universal Logistics Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=161.4 / 1558.397
=(Revenue - Cost of Goods Sold) / Revenue
=(1558.397 - 1396.977) / 1558.397
=10.36 %

Universal Logistics Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=31.2 / 367.575
=(Revenue - Cost of Goods Sold) / Revenue
=(367.575 - 336.41) / 367.575
=8.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 8.48% mean?
Universal Logistics Holdings (ULH) has a Gross Margin % of 8.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Universal Logistics Holdings and its competitors. This is 32% below median its historical median of 12.45. Over the past decade, Universal Logistics Holdings' Gross Margin % has ranged from 9.88 to 17.48. According to the industry distribution chart, Universal Logistics Holdings ranks #776 out of 985 companies in the Transportation industry, placing it in the top 78.8%.
Is Universal Logistics Holdings' Gross Margin % too high?
Universal Logistics Holdings' current Gross Margin % of 8.48% is 32% below median its 10-year median of 12.45. Over the past 10 years, this metric has ranged from a low of 9.88 to a high of 17.48. The Transportation industry median Gross Margin % is 20.42. Universal Logistics Holdings' value of 8.48% is 58.5% below this industry median. Based on the distribution chart, Universal Logistics Holdings ranks #776 out of 985 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Universal Logistics Holdings has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Universal Logistics Holdings' Gross Margin % compare to PAMT and TOPP?
According to the Transportation industry distribution chart, Universal Logistics Holdings ranks #776 out of 985 companies for Gross Margin %. This places Universal Logistics Holdings in the lower half of its industry. The industry median Gross Margin % is 20.42. Universal Logistics Holdings' value of 8.48% is 58.5% below this benchmark. Historically, Universal Logistics Holdings' own Gross Margin % has ranged from 9.88 to 17.48 over the past decade. While the company's 10-year median is 12.45 vs. the industry median of 20.42, Universal Logistics Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Logistics Holdings's current Gross Margin % of 8.48% is 58.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Universal Logistics Holdings and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Logistics Holdings's current Gross Margin % is 8.48%, which is 32% below median its own 10-year median of 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Universal Logistics Holdings (ULH) is currently considered Possible Value Trap. The stock's GF Value™ is $23.46, compared to a current price of $15.28 — trading 34.9% below its estimated fair value. The current Gross Margin % is 8.48%, which is 32% below median its 10-year median of 12.45 and 58.5% below the Transportation industry median of 20.42. Universal Logistics Holdings' overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Universal Logistics Holdings (ULH), the current Gross Margin % is 8.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Logistics Holdings (ULH) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Logistics Holdings stock appears to be undervalued. The current stock price of $15.28 is trading 34.9% below its estimated GF Value™ of $23.46. GuruFocus considers Universal Logistics Holdings to be Possible Value Trap.

Key valuation signals for ULH:

  • Gross Margin %: 8.48% (32% below median its 10-year median of 12.45)
  • GF Value™: $23.46 vs. price of $15.28 (34.9% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 58.5% below the Transportation median (#776 of 985)

No single metric tells the full story. See the ULH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Logistics Holdings Business Description

Address 12755 East Nine Mile Road, Warren, MI, USA, 48089
Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada, and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The firm has three reportable segments, namely contract logistics, intermodal, and trucking. The company generates the key revenue from Contract Logistics, which provides value-added and dedicated transportation services to support inbound and internal logistics requirements of industrial manufacturers and retailers, generally under contractual arrangements of one year or longer. Geographically, the firm generates the majority of its revenue from the United States, followed by Mexico, Canada, and Colombia.
58GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.28
Price
$23.46
GF Value