UHALNYSEServices-Auto Rental & Leasing (No Drivers)Fiscal year ends March 31Also trades as UHAL.B
U-Haul Holding Co /NV/
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$55.61−1.41 (-2.47%)
Close on Oct 19, 2026
- Market cap
- $10.89B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
95.9%+0.6 pts over 5 years
Operating margin
7.2%−14.0 pts over 5 years
Net margin
1.4%−12.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.6% | +1.0% | +5.9% | +6.3% | |
| Gross profit | +3.5% | +1.1% | +6.0% | +6.3% | |
| Operating income | -39.6% | -33.1% | -14.8% | -6.7% | |
| Net income | -77.4% | -55.2% | -32.9% | -16.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 16.4% | 12.5% | 1.1% | |
| Return on assets | 4.5% | 4.2% | 0.4% | |
| Interest coverage | 6.6× | 5.9× | 1.2× | |
| Inventory turnover | 1.9× | 2.1× | 1.4× | |
| Capex to revenue | 41.5% | 31.7% | 52.2% | |
| Diluted shares | 20M | 20M | 196M |
Where the cash went
Fiscal 2022 to 2026, five years combined
U-Haul generated $8.38B from operations and spent $14.51B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$8.38B
Used
$14.51B
Capital expenditure$14.46B100%Dividends$49.02M0%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.4%
×Asset turnover0.29×
×Equity multiplier2.78×
=Return on equity, FY20261.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 1.4% | 0.29× | 2.78× | 1.1% |
| FY2025 | 6.3% | 0.29× | 2.70× | 5.0% |
| FY2024 | 11.2% | 0.30× | 2.72× | 9.2% |
| FY2023 | 15.8% | 0.33× | 2.84× | 14.8% |
| FY2022 | 19.6% | 0.36× | 2.94× | 20.7% |
| FY2021 | 13.4% | 0.31× | 3.00× | 12.5% |
| FY2020 | 11.1% | 0.30× | 3.11× | 10.4% |
| FY2019 | 9.8% | 0.33× | 3.19× | 10.4% |
| FY2018 | 22.0% | 0.36× | 3.34× | 26.2% |
| FY2017 | 11.6% | 0.39× | 3.60× | 16.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 7 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$83.13M
- Cash generatingOperating cash flow above zero$1.79B
- Return on assets improvedROA up on the prior year1.9% → 0.4%
- Earnings backed by cashOperating cash flow above net income$1.79B vs $83.13M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise196M → 196M
- Gross margin improvedGross margin up on the prior year95.98% → 95.91%
- More efficientAsset turnover rose0.31 → 0.29