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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 Mar. 2026 was $506 Mil.
Universal Logistics Holdings's quarterly retained earnings
declined
from Sep. 2025 ($554 Mil) to Dec. 2025 ($512 Mil) and
declined
from Dec. 2025 ($512 Mil) to Mar. 2026 ($506 Mil).
Universal Logistics Holdings's annual retained earnings
increased
from Dec. 2023 ($595 Mil) to Dec. 2024 ($623 Mil) but then
declined
from Dec. 2024 ($623 Mil) to Dec. 2025 ($512 Mil).
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 Retained Earnings Historical Data
* 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.
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 (ULH) has a Retained Earnings of $506 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Universal Logistics Holdings and its competitors.
Is Universal Logistics Holdings' Retained Earnings too high?
Universal Logistics Holdings' current Retained Earnings is $506 Mil. Overall, Universal Logistics Holdings has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Universal Logistics Holdings' Retained Earnings compare to PAMT and TOPP?
Universal Logistics Holdings' Retained Earnings of $506 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Universal Logistics Holdings and its competitors. Universal Logistics Holdings's current Retained Earnings is $506 Mil. 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 $23.50, compared to a current price of $15.71 — trading 33.1% below its estimated fair value. The current Retained Earnings is $506 Mil. Universal Logistics Holdings' overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Universal Logistics Holdings (ULH), the current Retained Earnings is $506 Mil 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 $15.71 is trading 33.1% below its estimated GF Value™ of $23.50.
GuruFocus considers Universal Logistics Holdings to be Possible Value Trap.
Key valuation signals for ULH:
Retained Earnings: $506 Mil
GF Value™: $23.50 vs. price of $15.71 (33.1% below fair value)
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 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.
57GF Score
Get the complete analysis for ULH
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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