NASDAQ$ULH

Universal Logistics Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Achieved record quarterly revenue and full-year results, despite challenges in supply chains and labor markets.

Universal Logistics Holdings reported a net income of $16.2 million, or $0.60 per share, on record operating revenues of $467.4 million for the fourth quarter of 2021. The results were negatively impacted by $6.0 million in auto liability claims and $5.0 million in losses from a contract logistics program. For the full year, the company reported record revenues of $1.75 billion and earnings per share of $2.74.

  • Q4 2021 operating revenues reached a record $467.4 million, a 21.1% increase year-over-year.
  • Q4 2021 net income was $16.2 million, or $0.60 per share, matching the prior year's results.
  • Operating income for Q4 2021 increased slightly to $23.8 million, compared to $23.5 million in the same period last year.
  • The Board of Directors declared a cash dividend of $0.105 per share of common stock.

Headline financials

Total Revenue

$467M

Previous: $386M+21.1%
EPS (adj)

$0.60

Previous: $0.60+0.0%
EBITDA

$39.7M

Previous: $44.2M-10.2%
EBITDA Margin

8.5%

Previous: 11.4%-25.4%
Capital Expenditures

$12.6M

Previous: $17.9M-29.5%
Free Cash Flow

$16.9M

Previous: $3.72M+354.8%
Net Income

$16.2M

Previous: $16.2M-0.0%
Operating Income

$23.8M

Previous: $23.5M+1.2%
Gross Profit

$61.3M

Previous: $45M+36.2%
Cash & Equivalents

$13.9M

Previous: $8.76M+59.0%
Total Assets

$1.14B

Previous: $1.06B+7.0%

Revenue & EPS history

Universal Logistics · Revenue · Quarterly

$467M

Q4 2021+21.1%vs Q4 2020
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Universal Logistics · $162M total across 2 segments · Q4 2021

  • Contract Logistics
    $161M+20.7%
  • Other
    $1.47M

Forward guidance

No specific forward guidance provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.4%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+3.5%

Avg return

30 days after

61%

40 / 66 earnings

Positive

+36.4%

Q1 2024

Best reaction

-23.3%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.3%+6.8%+39.5%
Q4 2025-3.7%+16.0%+50.8%
Q3 2025-2.8%-12.4%-29.2%
Q2 2025+10.0%-13.6%-0.9%
Q1 2025-4.8%-18.9%-14.1%
Q4 2024-19.6%-33.3%-34.9%
Q3 2024-8.7%-2.9%+19.0%
Q2 2024-2.6%-5.4%-4.9%
Q1 2024+36.4%+32.9%+36.0%
Q4 2023+5.1%+0.9%+8.3%
Q3 2023-7.2%-2.0%+11.0%
Q2 2023-3.8%-1.2%-14.1%
Q1 2023-2.0%-0.6%+5.1%
Q4 2022-23.3%-27.1%-30.7%
Q3 2022-8.2%-3.8%+2.3%
Q2 2022+4.4%+17.9%+30.6%
Q1 2022+6.4%+4.1%+31.2%
Q4 2021+7.3%+7.6%+21.1%
Q3 2021-2.0%-2.8%-9.8%
Q2 2021+3.3%+0.3%-0.5%
Q1 2021+4.2%+4.2%+4.2%
Q4 2020+6.2%+5.0%+15.6%
Q3 2020-1.5%+8.8%+9.4%
Q2 2020+1.5%+1.0%+20.6%
Q1 2020-3.9%-11.3%+0.9%
Q4 2019+7.7%+6.9%-13.1%
Q3 2019-20.8%-26.1%-22.1%
Q2 2019-7.1%-8.9%-15.3%
Q1 2019+1.4%+8.7%-10.8%
Q4 2018-4.3%-5.3%-22.2%
Q3 2018-4.7%-8.7%-18.9%
Q2 2018+8.9%+22.3%+33.2%
Q1 2018+1.1%+0.2%+11.8%
Q4 2017+4.3%+3.4%-3.8%
Q3 2017+0.9%+1.2%+8.0%
Q2 2017-2.1%+3.5%+5.9%
Q1 2017+5.3%+10.2%-0.4%
Q4 2016+4.5%+1.5%-5.2%
Q3 2016+13.8%+5.7%+33.0%
Q2 2016-2.2%-2.7%-5.0%
Q1 2016-0.8%
Q4 2015-1.2%
Q3 2015+2.5%
Q2 2015-3.0%
Q1 2015+0.5%
Q4 2014+0.7%
Q3 2014+0.6%
Q2 2014+0.3%
Q1 2014+2.7%
Q4 2013+2.4%
Q1 2011+2.4%
Q3 2013+0.8%
Q2 2013+1.1%
Q1 2013+0.6%
Q4 2009+6.5%
Q4 2012+6.5%
Q3 2012-10.2%
Q2 2012+0.3%
Q1 2012+4.8%
Q4 2011+0.6%
Q3 2010-8.4%
Q3 2011-8.4%
Q2 2010+4.0%
Q2 2011+4.0%
Q4 2010+4.0%
Q1 2010+7.6%

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