ULH
Universal Logistics Holdings, Inc.
ULH's outlook is improving despite an expensive valuation.
VRT
Vertiv Holdings Co
VRT has the edge over ULH overall, supported by stronger valuation and lower modeled downside.
ULH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
ULH's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
ULH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $10.18 | -66% |
| Fair | 8.2x | $13.90 | -53% |
| Expensive | 14x | $22.97 | -23% |
| Forward | 15x | $29.71 | — |
| Current | 18x | $29.71 | — |
Historical ranges are pointers, not guarantees.
ULH's PE is in its expensive range at 18x. If earnings grow as analysts expect, today's price would be 15x next year's earnings.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over ULH in the historical PE scenario, which offers more potential upside but is not a forecast.
ULH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect ULH's earnings to grow and its profitability to improve, with its revenue holding steady.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over ULH on the outlook, with more favorable revenue expectations.
ULH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.95 | +15% |
| Q3 2026 | $1.69 | +$4.86 |
| Q2 2026 | -$3.48 | -250% |
| Q1 2026 | -$4.15 | -231% |
| Q4 2025 | -$3.79 | -177% |
| Q3 2025 | -$3.17 | -164% |
| Q2 2025 | $2.32 | -52% |
| Q1 2025 | $3.17 | -31% |
| Q4 2024 | $4.93 | +40% |
ULH has returned to profit: it earned $1.69 per share over the past year, after losing money the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over ULH on earnings, with more consistent year-over-year improvement.
ULH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $394M | -0.7% |
| Q2 2026 | $379.3M | -3.7% |
| Q1 2026 | $367.6M | -3.9% |
| Q4 2025 | $385.4M | -17% |
| Q3 2025 | $396.8M | -7% |
| Q2 2025 | $393.8M | -15% |
| Q1 2025 | $382.4M | -22% |
| Q4 2024 | $465.1M | +19% |
ULH's revenue has slid since its 2022 peak: $394M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | +38 points |
| Q2 2026 | 12% | +6.9 points |
| Q1 2026 | 1.3% | -2.8 points |
| Q4 2025 | 4.5% | -3.7 points |
| Q3 2025 | -30% | -40 points |
| Q2 2025 | 5% | -5.1 points |
| Q1 2025 | 4.1% | -11 points |
| Q4 2024 | 8.2% | -0.5 points |
ULH's operating margin was 8.3% last quarter, up 38 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over ULH on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over ULH on profitability, with a higher operating margin.
ULH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.2M | +$35.8M |
| Q2 2026 | $27.1M | +$85.7M |
| Q1 2026 | $23.8M | -25% |
| Q4 2025 | $14.3M | -25% |
| Q3 2025 | -$28.6M | +$30.3M |
| Q2 2025 | -$58.6M | +$9M |
| Q1 2025 | $31.7M | +$63.4M |
| Q4 2024 | $18.9M | +3156% |
ULH's free cash flow has turned positive after three years mostly in the red: $72M over the past year.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over ULH on cash flow, with more consistent year-over-year improvement.
ULH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -3K shares |
| 1 year | +0.1% | +27K shares |
| 3 years | +0.2% | +57K shares |
| 5 years | -2.1% | -561K shares |
| Available history | -3.4% | -916K shares |
ULH has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $67,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | $24,000 |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $134,000 |
| Q2 2023 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
ULH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 7.2x | High |
| Q1 2026 | 10.3x | High |
| Q4 2025 | 9.4x | High |
| Q3 2025 | 8.0x | High |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.3x | Moderate |
ULH's net debt is about 2.8 years of its operating earnings (EBITDA), down from 8.0 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over ULH on leverage, with a lower net debt burden relative to earnings.
ULH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 72.0 | Overbought |
| Stochastic | 80.1 | Overbought |
ULH's weekly RSI is 72 (overbought) and its Stochastic is 80 (overbought).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
ULH PE vs Industrials Sector
| Metric | ULH | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 27% below |
| PE % | 96 | 58 | 38 pts above |
ULH has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
ULH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.6 | 44% above |
| 20 week MA | $18.5 | 60% above |
| 50 week MA | $17.7 | 67% above |
| 100 week MA | $22.3 | 33% above |
| 200 week MA | $28.3 | 5.2% above |
ULH has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
ULH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.1 | $20.7 | +8.6% |
| 2021 | $20.7 | $18.0 | -13% |
| 2022 | $18.0 | $34.2 | +90% |
| 2023 | $34.2 | $28.0 | -18% |
| 2024 | $28.0 | $46.1 | +64% |
| 2025 | $46.1 | $15.7 | -66% |
| 2026 YTD | $15.7 | $29.7 | +90% |
ULH has the edge over VRT on returns for 2026, with the stronger performance.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT's yearly returns have swung widely, from +275% in 2023 to −48% in 2022. It's up 25% so far in 2026.