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Universal Logistics Holdings (Universal Logistics Holdings) Retained Earnings : $595 Mil (As of Dec. 2023)


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What is Universal Logistics Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Universal Logistics Holdings's retained earnings for the quarter that ended in Dec. 2023 was $595 Mil.

Universal Logistics Holdings's quarterly retained earnings increased from Jun. 2023 ($557 Mil) to Sep. 2023 ($577 Mil) and increased from Sep. 2023 ($577 Mil) to Dec. 2023 ($595 Mil).

Universal Logistics Holdings's annual retained earnings increased from Dec. 2021 ($356 Mil) to Dec. 2022 ($514 Mil) and increased from Dec. 2022 ($514 Mil) to Dec. 2023 ($595 Mil).


Universal Logistics Holdings Retained Earnings Historical Data

The historical data trend for Universal Logistics Holdings's Retained Earnings 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.

* Premium members only.

Universal Logistics Holdings Retained Earnings Chart

Universal Logistics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.20 293.64 356.07 513.59 595.45

Universal Logistics Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 535.71 556.51 576.80 595.45 -

Universal Logistics Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Universal Logistics Holdings  (NAS:ULH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Universal Logistics Holdings (Universal Logistics Holdings) Business Description

Traded in Other Exchanges
N/A
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 company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.
Executives
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Michael A. Regan director 360 W. BUTTERFIELD ROAD, SUITE 400, ELMURST IL 60126
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Marcus D. Hudson director 12755 E. NINE MILE ROAD, WARREN MI 48089
Richard P Urban director C/O UNIVERSAL TRUCKLOAD SERVICES, INC., 11355 STEPHENS ROAD, WARREN MI 48089
Nora M. Moroun 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Timothy Phillips director, officer: Chief Executive Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
Jeff Rogers director, officer: Chief Executive Officer 720 SPYGLASS HILL, HOLLAND MI 49424
H.e. Wolfe director 11355 STEPHENS ROAD, WARREN MI 48089
Clarence W Gooden director
Grant Edward Belanger director 12755 EAST NINE MILE ROAD, WARREN MI 48089
Jude Marcus Beres officer: Chief Financial Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
David A. Crittenden officer: Chief Financial Officer 11355 STEPHENS ROAD, WARREN MI 48089
Manuel J Moroun director, 10 percent owner CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089