Universal Logistics Holdings, Inc. (ULH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 33.4M | 47.12M | 25.9M | 25.71M | 84.31M | 59.74M | 6.2M | 9.55M | 36.88M | 49.04M | 56.25M | 40.48M | 64.48M | 68.91M | 75.18M | 28.2M | 41.12M | 29.53M | 292K | 10.32M |
| Operating CF Margin % | 9.09% | 12.23% | 6.53% | 6.53% | 22.05% | 12.84% | 1.45% | 2.07% | 7.5% | 12.54% | 13.35% | 9.81% | 14.74% | 15.02% | 14.87% | 5.35% | 7.85% | 6.32% | 0.07% | 2.44% |
| Operating CF Growth % | -60.38% | -21.12% | 317.59% | 169.27% | 128.59% | 21.82% | -88.97% | -76.41% | -42.8% | -28.84% | -25.18% | 43.56% | 56.81% | 133.33% | 25646.23% | 173.26% | -4.68% | 36.75% | 100.95% | -87.61% |
| Net Income | -3.51M | -39.43M | -117.94M | 8.32M | 6.01M | 20.18M | 26.54M | 30.73M | 52.46M | 21.41M | 23.05M | 23.57M | 24.88M | 33.45M | 48.48M | 44.7M | 42.01M | 16.2M | 10.27M | 25.61M |
| Depreciation & Amortization | 35.64M | 39.06M | 35.5M | 36.2M | 35.49M | 36.39M | 30.29M | 36.81M | 20.7M | 19.98M | 19.39M | 19.16M | 18.52M | 18.32M | 15.05M | 27.06M | 16.23M | 15.66M | 16.46M | 16.34M |
| Stock-Based Compensation | 0 | 0 | 9K | 63K | 385K | 0 | 10K | 69K | 700K | 1K | 10K | 90K | 161K | 50K | 10K | 0 | 162K | 0 | 0 | 0 |
| Deferred Taxes | 13K | -24.87M | -48K | -60K | -2.4M | 6.12M | 5.53M | 7.41M | 11.28M | 10.15M | 0 | 0 | 0 | 9.05M | -971K | 214K | -81K | -3.15M | -28K | 0 |
| Other Non-Cash Items | 7.75M | 42.09M | 125.76M | -190K | -863K | -569K | 4.16M | 2.46M | -1.85M | -1.1M | -225K | 1.37M | 1.59M | -364K | 1.49M | 4.08M | 633K | 1.73M | 2.39M | 616K |
| Working Capital Changes | -6.5M | 30.27M | -17.38M | -18.62M | 45.68M | -2.38M | -60.33M | -67.93M | -46.41M | -1.41M | 14.03M | -3.7M | 19.34M | 8.4M | 11.13M | -47.85M | -17.83M | -911K | -28.8M | -32.24M |
| Change in Receivables | 2.68M | 40.18M | -26M | 813K | 35.51M | -163.93M | -12.48M | -9.26M | 3.58M | 21.65M | 11.34M | 16.68M | 12.84M | 30.83M | 17.34M | -8.44M | -55.99M | -18.94M | -41.03M | -24.06M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | -11.66M | 3.15M | -13.11M | 18.06M | -16.79M | -10.16M | -9.9M | 41.31M | -31.6M | 12.26M | -25.86M | 15.38M | -25.34M | -20.34M | -35.77M | 43.92M | 20.5M | 8.49M | -2.75M |
| Cash from Investing | 1.98M | -21.64M | -51.76M | -78.55M | -51.49M | -243.9M | -74.4M | -76.23M | -68.37M | -48.17M | -111.4M | -47.46M | -29.75M | -27.37M | -44.28M | -28.65M | -3.44M | -12.12M | -8.06M | -8.88M |
| Capital Expenditures | -9.57M | -32.85M | -54.48M | -84.27M | -52.57M | -40.79M | -65.1M | -77.14M | -68.57M | -48.46M | -112.26M | -48.51M | -31.34M | -31.29M | -48.27M | -31.5M | -6.05M | -12.61M | -9.29M | -12M |
| CapEx % of Revenue | 2.6% | 8.52% | 13.73% | 21.4% | 13.75% | 8.77% | 15.25% | 16.69% | 13.94% | 12.4% | 26.65% | 11.76% | 7.16% | 6.82% | 9.54% | 5.97% | 1.15% | 2.7% | 2.09% | 2.84% |
| Acquisitions | 910K | 0 | 0 | 0 | 0 | -205.76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 11.21M | 2.06M | 3.54M | 940K | 2.65M | -9.32M | 912K | 202K | 223K | 750K | 1.04M | 1.59M | 3.92M | 4.8M | 2.96M | 2.61M | 489K | 1.24M | 3.12M |
| Cash from Financing | -50.35M | -29.91M | 25.69M | 55.66M | -25.36M | 198.61M | 70.64M | 66.61M | 29.18M | -8.29M | 6.08M | -2.63M | -3.72M | -13.64M | -29.05M | 1.12M | -36.67M | -16.36M | 8.49M | 212K |
| Debt Issued (Net) | -47.58M | -27.15M | 28.45M | 58.51M | -22.59M | 201.4M | 73.41M | 69.45M | 31.94M | -5.53M | 8.98M | 130K | -965K | -10.86M | -26.3M | 12.95M | -25.77M | -16.36M | 11.31M | 3M |
| Equity Issued (Net) | 0 | 0 | 0 | -85K | 0 | -24K | 0 | -83K | 0 | 0 | -134K | 0 | 0 | -16K | 0 | -9.05M | -5.25M | 0 | 0 | 0 |
| Dividends Paid | -2.77M | -2.76M | -2.77M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.76M | -2.78M | -5.65M | 0 | -2.83M | -2.79M |
| Share Repurchases | 0 | 0 | 0 | -85K | 0 | -24K | 0 | -83K | 0 | 0 | -134K | 0 | 0 | -16K | 0 | -9.05M | -5.25M | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -8.92M | -535K | 3.04M | 3.74M | 1.25M | 7.52M | 4.35M | -3.64M | -1.39M | -4.3M | -48.2M | -11.76M | 29.59M | 32.53M | -37K | -239K | 990K | 922K | -88K | 2.3M |
| Free Cash Flow | 23.83M | 14.27M | -28.59M | -58.55M | 31.73M | 18.95M | -58.9M | -67.59M | -31.69M | 582K | -56.01M | -8.03M | 33.15M | 37.62M | 26.91M | -3.3M | 35.07M | 16.93M | -9M | -1.68M |
| FCF Margin % | 6.48% | 3.7% | -7.2% | -14.87% | 8.3% | 4.07% | -13.8% | -14.62% | -6.44% | 0.15% | -13.3% | -1.95% | 7.58% | 8.2% | 5.32% | -0.63% | 6.7% | 3.62% | -2.02% | -0.4% |
| FCF Growth % | -24.9% | -24.68% | 51.47% | 13.37% | 200.14% | 3155.67% | -5.16% | -742.24% | -195.61% | -98.45% | -308.12% | -143.26% | -5.5% | 122.26% | 398.97% | -96.14% | -8.18% | 354.76% | 85.28% | -102.28% |
| FCF per Share | 0.90 | 0.54 | -1.09 | -2.22 | 1.20 | 0.72 | -2.24 | -2.56 | -1.20 | 0.02 | -2.13 | -0.31 | 1.26 | 1.43 | 1.02 | -0.12 | 1.31 | 0.63 | -0.33 | -0.06 |
| FCF Conversion (FCF/Net Income) | -9.51x | -1.20x | -0.35x | 3.09x | 14.02x | 2.96x | 0.23x | 0.31x | 0.70x | 2.29x | 2.44x | 1.72x | 2.59x | 2.06x | 1.55x | 0.63x | 0.98x | 1.82x | 0.03x | 0.40x |
| Interest Paid | 0 | 15.71M | 12.41M | 10.88M | 8.98M | 13M | 6.88M | 7.4M | 6.11M | 6.34M | 6.04M | 5.54M | 5.48M | 4.93M | 3.76M | 3.3M | 2.34M | 2.41M | 2.82M | 2.91M |
| Taxes Paid | 0 | 1.62M | 1.43M | 16.87M | 541K | 3.79M | 4.31M | 10.32M | 159K | 4.93M | 968K | 18.03M | 1.48M | 1.29M | 16.23M | 22.77M | 602K | 6.75M | 6.51M | 13.12M |