U-Haul Holding Co /NV/
Business
U-Haul Holding Co is North America's largest do-it-yourself moving and storage operator, renting trucks, trailers, and self-storage units through over 2,400 company-operated retail stores and more than 23,000 independent dealers. The company sells moving supplies, towing accessories, propane, and operates portable moving and storage units (U-Box), with a network of nearly 1.1 million self-storage units across the United States and Canada. U-Haul operates three reportable segments: Moving and Storage (the core business), Property and Casualty Insurance (underwriting damage waivers and protection packages), and Life Insurance (serving the senior market).
Summary from 10-K filed 2026-05-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Self-moving equipment rentals | 3,812 | 3,726 | 3,625 | 3,878 | 3,959 | |
| Self-storage revenues | 972 | 898 | 831 | 744 | 617 | |
| Self-moving and self-storage products and service sales | 330 | 327 | 336 | 357 | 351 | |
| Property management fees | 37 | 37 | 37 | 37 | 35 | |
| Life insurance premiums | 81 | 84 | 90 | 99 | 111 | |
| Property and casualty insurance premiums | 105 | 99 | 95 | 93 | 87 | |
| Net investment and Interest income | 163 | 152 | 146 | 177 | 148 | |
| Other revenue | 538 | 506 | 466 | 479 | 431 | |
| Total revenues | 6,038 | 5,829 | 5,626 | 5,865 | 5,740 | |
| Operating expenses | 3,415 | 3,275 | 3,126 | 3,025 | 2,677 | |
| Commission expenses | 416 | 407 | 384 | 416 | 430 | |
| Cost of product sales | 247 | 234 | 242 | 263 | 260 | |
| Benefits and losses | 192 | 183 | 167 | 164 | 186 | |
| Amortization of deferred policy acquisition costs | 20 | 18 | 24 | 28 | 34 | |
| Lease expense | 19 | 21 | 33 | 31 | 30 | |
| Depreciation, net of (gains) losses on disposals | 1,287 | 958 | 664 | 487 | 483 | |
| Net (gains) losses on disposal of real estate | −9 | −16 | −8 | −6 | −4 | |
| Costs and expenses, amount | 5,605 | 5,113 | 4,648 | 4,419 | 4,094 | |
| Earnings from operations | 433 | 716 | 978 | 1,446 | 1,646 | |
| Other components of net periodic benefit costs | −1 | −1 | −1 | −1 | −1 | |
| Other interest income | 47 | 59 | 120 | 0 | 0 | |
| Interest expense | −365 | −296 | −256 | −224 | −167 | |
| Fees on early extinguishment of debt and costs of defeasance | −1 | −495,000 | 0 | −1 | −956,000 | |
| Total pretax earnings | 113 | 478 | 840 | 1,219 | 1,477 | |
| Income tax expense | −30 | −110 | −211 | −295 | −352 | |
| Earnings available to common stockholders | 83 | 367 | 629 | 924 | 1,124 | |
| Weighted average common shares outstanding: basic | 196 | 196 | 196 | — | 20 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-12-31 | FY 2023 2023-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,120 | 989 | 1,535 | — | 2,061 | |
| Reinsurance recoverables and trade receivables, net | 160 | 231 | 216 | — | 189 | |
| Inventories, net | 178 | 163 | 151 | — | 151 | |
| Prepaid expenses | 192 | 282 | 246 | — | 242 | |
| Available For Sale Securities Debt Securities | 2,418 | 2,479 | 2,443 | — | 2,709 | |
| Equity securities, at fair value | 15 | 66 | 66 | — | 61 | |
| Investments, other | 706 | 678 | — | — | — | |
| Deferred policy acquisition costs, net | 113 | 122 | 121 | — | 128 | |
| Other assets | 127 | 127 | 112 | — | 51 | |
| Right of use assets - financing, net | — | 139 | 289 | — | 475 | |
| Right of use assets - operating, net | 40 | 46 | 54 | — | 59 | |
| Related party assets | 53 | 45 | 58 | — | 48 | |
| Land | 1,865 | 1,813 | 1,670 | — | 1,537 | |
| Buildings and improvements | 10,543 | 9,628 | 8,237 | — | 7,089 | |
| Furniture and equipment | 1,074 | 1,047 | 1,004 | — | 928 | |
| Property, plant and equipment (gross) | 23,243 | 21,005 | 18,186 | — | 15,660 | |
| Less: Accumulated depreciation | −6,863 | −5,892 | −5,051 | — | −4,310 | |
| Total property, plant and equipment | 16,380 | 15,113 | 13,135 | — | 11,350 | |
| Total assets | 21,503 | 20,479 | 19,059 | — | 18,101 | |
| Accounts payable and accrued expenses | 850 | 821 | 783 | — | 761 | |
| Notes, loans and leases payable, net | 8,083 | 7,194 | 6,271 | — | 6,108 | |
| Operating lease liabilities | 41 | 47 | 55 | 55 | 58 | |
| Policy benefits and losses, claims and loss expenses payable | 940 | 858 | 849 | — | 880 | |
| Trading Liabilities | 2,358 | 2,511 | 2,411 | — | 2,399 | |
| Other policyholders' funds and liabilities | 3 | 8 | 18 | — | — | |
| Deferred income | 57 | 53 | 51 | — | 52 | |
| Deferred income taxes, net | 1,560 | 1,490 | 1,447 | — | 1,329 | |
| Total liabilities | 13,891 | 12,981 | 11,886 | — | 11,597 | |
| Commitments and contingencies (Notes 9 and 19) | — | — | — | — | — | |
| Additional paid-in capital | 463 | 463 | 463 | — | 454 | |
| Accumulated other comprehensive loss | −164 | −229 | 223 | — | 286 | |
| Retained earnings | 7,980 | 7,932 | 7,600 | — | 7,003 | |
| Total stockholders' equity | 7,612 | 7,498 | 7,172 | — | 6,504 | |
| Total liabilities and stockholders' equity | 21,503 | 20,479 | 19,059 | — | 18,101 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation | 1,183 | 972 | 818 | 734 | 697 | |
| Amortization of premiums and accretion of discounts related to investments, net | 18 | 14 | 17 | 20 | 20 | |
| Amortization of debt issuance costs | 7 | 6 | 7 | 7 | 6 | |
| Interest credited to policyholders | 97 | 85 | 71 | 56 | 65 | |
| Provision for allowance (recoveries) for losses on trade receivables, net | −2 | −1 | 2 | 5 | 4 | |
| Operating lease right-of-use asset amortization | 9 | 11 | 24 | 22 | — | |
| Net (gains) losses on sales of investments | 2 | 2 | −157,000 | −8 | −12 | |
| Net (gains) losses on equity investments | −7 | −6 | −6 | −9 | −8 | |
| Deferred income taxes, net | 52 | 42 | 98 | 132 | 101 | |
| Trade receivables and reinsurance recoverables | 73 | −14 | −29 | −45 | −9 | |
| Inventories and parts, net | −15 | −12 | 518,000 | −7 | −53 | |
| Prepaid expenses | 91 | −37 | −4 | −6 | −232 | |
| Capitalization of deferred policy acquisition costs | 9 | −505,000 | 7 | −3 | −1 | |
| Other assets and Right of use assets - operating, net | −731,000 | −20 | 10 | −6 | −6 | |
| Related party assets | −7 | 13 | −10 | −544,000 | −10 | |
| Accounts payable and accrued expenses and operating lease liabilties | 19 | 14 | −11 | 34 | 11 | |
| Increase (Decrease) in Other Insurance Liabilities | 73 | 22 | −39 | 15 | 21 | |
| Other policyholders' funds and liabilities | −5 | −4 | 10 | 3 | 2 | |
| Deferred income | 4 | 2 | −2 | 5 | 5 | |
| Related party liabilities | −2 | −2 | 6 | 760,000 | 2 | |
| Net cash provided by operating activities | 1,795 | 1,454 | 1,453 | 1,730 | 1,946 | |
| Escrow deposits activity | 449,000 | 4 | 3 | 9 | — | |
| Property, plant and equipment | −3,154 | −3,452 | −2,993 | −2,724 | −2,137 | |
| Fixed maturity securities available-for-sale | −315 | −502 | −344 | −623 | −702 | |
| Equity securities | −4 | −2 | −530,000 | −5 | −27 | |
| Investments other | −158 | −174 | −175 | −213 | −158 | |
| Property, plant and equipment | 710 | 662 | 739 | 701 | 623 | |
| Fixed maturity securities available-for-sale | 446 | 439 | 672 | 271 | 413 | |
| Equity securities | 58 | 11 | 1 | 1 | 4 | |
| Investments, other | 153 | 122 | 50 | 161 | 126 | |
| Net cash used by investing activities | −2,263 | −2,891 | −2,046 | −2,421 | 1,867 | |
| Borrowings from credit facilities | 2,024 | 1,855 | 1,186 | 1,018 | 1,969 | |
| Principal repayments on credit facilities | −1,086 | −852 | −920 | −802 | −438 | |
| Payment of debt issuance costs | −13 | −9 | −4 | −5 | −13 | |
| Finance lease payments | −44 | −73 | −106 | −124 | −166 | |
| Securitization deposits | −345,000 | −499,000 | −319,000 | −217,000 | 0 | |
| Investment contract deposits | 280 | 497 | 360 | 341 | 348 | |
| Investment contract withdrawals | −530 | −488 | −419 | −335 | −238 | |
| Net cash provided by financing activities | 595 | 895 | 67 | 60 | 1,433 | |
| Effects of exchange rate on cash | 5 | −4 | 1 | −12 | 2 | |
| Increase (decrease) cash and cash equivalents | 131 | −546 | −526 | −644 | 1,510 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is U-Haul Holding Co /NV/'s CIK number?
U-Haul Holding Co /NV/'s SEC CIK number is 0000004457 (4457). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find U-Haul Holding Co /NV/'s SEC filings?
All of U-Haul Holding Co /NV/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did U-Haul Holding Co /NV/ last report earnings?
U-Haul Holding Co /NV/ (UHAL) most recently filed an earnings 8-K with the SEC on May 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-241898). This is U-Haul Holding Co /NV/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is U-Haul Holding Co /NV/'s most recent earnings 8-K?
U-Haul Holding Co /NV/'s latest earnings 8-K (Item 2.02) was filed May 27, 2026 under accession 0001193125-26-241898. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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