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Universal Logistics HoldingsULH -1.39%61 Return-on-Tangible-Equity is 30.82% as of Jun. 2026, which is 61% below its 10-year median of 78.94. GuruFocus rates ULH with a GF Score™ of 61/100 and a GF Value™ of $22.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 979 Transportation companies, Universal Logistics Holdings ranks worse than 94.18% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Universal Logistics Holdings's annualized net income for the quarter that ended in Jun. 2026 was $105 Mil. Universal Logistics Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $340 Mil. Therefore, Universal Logistics Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 30.82%.
The historical rank and industry rank for Universal Logistics Holdings's Return-on-Tangible-Equity or its related term are showing as below:
ULH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.45 Med: 78.94 Max: 1514.34
Current: -28.02
During the past 13 years, Universal Logistics Holdings's highest Return-on-Tangible-Equity was 1,514.34%. The lowest was -32.45%. And the median was 78.94%.
ULH's Return-on-Tangible-Equity is ranked worse than 94.18% of 979
companies
in the Transportation industry
Industry Median: 9.08
vs ULH: -28.02
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Universal Logistics Holdings Return-on-Tangible-Equity Related Terms
Universal Logistics Holdings Return-on-Tangible-Equity 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.
ULH vs PAMT, ETS, TOPP: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, Universal Logistics Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Universal Logistics Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Universal Logistics Holdings's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 30.82% mean?
Universal Logistics Holdings (ULH) has a Return-on-Tangible-Equity of 30.82% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Universal Logistics Holdings and its competitors. This is 61% below median its historical median of 78.94. According to the industry distribution chart, Universal Logistics Holdings ranks #922 out of 979 companies in the Transportation industry, placing it in the top 94.2%.
Is Universal Logistics Holdings' Return-on-Tangible-Equity too high?
Universal Logistics Holdings' current Return-on-Tangible-Equity of 30.82% is 61% below median its 10-year median of 78.94. The Transportation industry median Return-on-Tangible-Equity is 9.08. Universal Logistics Holdings' value of 30.82% is 239.4% above this industry median. Based on the distribution chart, Universal Logistics Holdings ranks #922 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Universal Logistics Holdings has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Logistics Holdings' Return-on-Tangible-Equity compare to PAMT and ETS?
According to the Transportation industry distribution chart, Universal Logistics Holdings ranks #922 out of 979 companies for Return-on-Tangible-Equity. This places Universal Logistics Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.08. Universal Logistics Holdings' value of 30.82% is 239.4% above this benchmark. While the company's 10-year median is 78.94 vs. the industry median of 9.08, Universal Logistics Holdings has consistently been above 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.08, based on 979 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Logistics Holdings's current Return-on-Tangible-Equity of 30.82% is 239.4% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Universal Logistics Holdings and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Logistics Holdings's current Return-on-Tangible-Equity is 30.82%, which is 61% below median its own 10-year median of 78.94. 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 Modestly Undervalued. The stock's GF Value™ is $22.66, compared to a current price of $19.14 — trading 15.5% below its estimated fair value. The current Return-on-Tangible-Equity is 30.82%, which is 61% below median its 10-year median of 78.94 and 239.4% above the Transportation industry median of 9.08. Universal Logistics Holdings' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Universal Logistics Holdings (ULH), the current Return-on-Tangible-Equity is 30.82% as of Jun. 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 $19.14 is trading 15.5% below its estimated GF Value™ of $22.66.
GuruFocus considers Universal Logistics Holdings to be Modestly Undervalued.
Key valuation signals for ULH:
Return-on-Tangible-Equity: 30.82% (61% below median its 10-year median of 78.94)
GF Value™: $22.66 vs. price of $19.14 (15.5% below fair value)
Industry Position: 239.4% above the Transportation median (#922 of 979)
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.
61GF Score
Get the complete analysis for ULH
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