Universal Logistics Holdings, Inc. reported its financial results for the thirteen weeks and thirty-nine weeks ended October 3, 2026. For the third quarter of 2026, the company reported consolidated operating revenues of $394.0 million, income from operations of $32.8 million, and net income of $18.1 million. Diluted earnings per share were reported at $0.69. This represents a significant improvement compared to the same period in the prior year, which included a net loss of $117.9 million and a loss per share of $4.48, largely due to non-cash impairment charges totaling $124.4 million.
The company’s operating margin for the quarter was 8.3%, compared to a loss of 29.6% in the prior year. Adjusted EBITDA for the third quarter was $64.7 million, up from $43.3 million one year earlier. The company’s largest business segment, Contract Logistics, generated $271.9 million in operating revenues, representing approximately 69.0% of total revenue. The Intermodal segment also generated income from operations of $2.7 million, marking a turnaround from the prior year’s operating loss of $135.1 million.
Regarding its balance sheet, Universal Logistics reported debt net of approximately $678.1 million as of October 3, 2026, with $15.3 million in cash and cash equivalents. The company’s Credit Agreement Leverage Ratio was 1.98x, which is below the maximum permitted ratio of 3.50x. During the quarter, the company entered into a Fourth Amendment to its revolving credit facility, reducing aggregate commitments from $500.0 million to $350.0 million and extending the commitment period through September 30, 2029. The company also entered into a Fourth Amendment to the syndicated revolving credit facility, reducing aggregate revolving commitments from $500.0 million to $350.0 million and extending the commitment period through September 30, 2029.
In a separate announcement, Universal Logistics Holdings, Inc. declared a cash dividend of $0.105 per share of common stock. The dividend is payable to shareholders of record at the close of business on December 1, 2026, and is expected to be paid on January 6, 2027.
