Universal Return On Tangible Assets from 2010 to 2024

ULH Stock  USD 52.11  0.88  1.72%   
Universal Logistics' Return On Tangible Assets are decreasing with stable movements from year to year. Return On Tangible Assets are estimated to finish at 0.11 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.09094594
Current Value
0.11
Quarterly Volatility
0.0384462
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Logistics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.9 M, Interest Expense of 25.4 M or Other Operating Expenses of 1 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0142 or PTB Ratio of 1.31. Universal financial statements analysis is a perfect complement when working with Universal Logistics Valuation or Volatility modules.
  
Check out the analysis of Universal Logistics Correlation against competitors.

Latest Universal Logistics' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Universal Logistics Holdings over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Universal Logistics' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Logistics' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Universal Return On Tangible Assets Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.09
Coefficient Of Variation38.52
Mean Deviation0.03
Median0.09
Standard Deviation0.04
Sample Variance0
Range0.123
R-Value(0.17)
Mean Square Error0
R-Squared0.03
Significance0.54
Slope(0)
Total Sum of Squares0.02

Universal Return On Tangible Assets History

2023 0.0909
2022 0.18
2021 0.0839
2020 0.0609
2019 0.0548
2018 0.0894
2017 0.0558

About Universal Logistics Financial Statements

Investors use fundamental indicators, such as Universal Logistics' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Universal Logistics' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.11 

Currently Active Assets on Macroaxis

When determining whether Universal Logistics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Logistics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Logistics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Logistics Holdings Stock:
Check out the analysis of Universal Logistics Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Logistics. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Dividend Share
0.42
Earnings Share
4.98
Revenue Per Share
67.353
Quarterly Revenue Growth
0.013
The market value of Universal Logistics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Logistics' value that differs from its market value or its book value, called intrinsic value, which is Universal Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Logistics' market value can be influenced by many factors that don't directly affect Universal Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.