Saturday 17 October 2026
Export UHAL’s income statement to Excel — free account
U-Haul Holding Company
UHAL Industrials Rental & Leasing Services
U-Haul Holding Company’s revenue for fiscal 2026 (year ended March 2026) was $6.0 billion, up 3.59% from fiscal 2025. In the quarter to June 2026, revenue grew 3.16%, EPS fell 14.7%, free cash flow grew 71.2% and total debt rose 11.8%, each against the same quarter a year earlier.
57.02
0.43
−0.75%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 33.83 | 31.60 | 32.22 | 22.23 | 43.97 | 44.79 | 48.07 | 59.70 | 48.48 | 41.95 |
Analyst estimates 2027–2029 Powerpack |
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| High | 40.10 | 38.66 | 42.65 | 46.09 | 76.99 | 73.16 | 73.03 | 79.04 | 75.19 | 76.45 | |||||
| People | |||||||||||||||
| People | Employees | 28,300 | 29,000 | 30,000 | 30,000 | 29,800 | 34,100 | 35,100 | 34,300 | 35,100 | 32,600 | ||||
| Revenue/emp, $m | 0.12 | 0.12 | 0.13 | 0.13 | 0.15 | 0.17 | 0.17 | 0.16 | 0.17 | 0.19 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 3,422 | 3,601 | 3,769 | 3,979 | 4,542 | 5,740 | 5,865 | 5,626 | 5,829 | 6,038 | ||||
| Gross margin, % | 36.59 | 32.53 | 32.81 | 31.03 | 35.91 | 38.13 | 34.05 | 30.33 | 29.66 | 29.27 | |||||
| EBT | 628 | 638 | 478 | 378 | 797 | 1,477 | 1,219 | 840 | 478 | 113 | |||||
| EBT margin, % | 18.36 | 17.71 | 12.67 | 9.50 | 17.54 | 25.73 | 20.79 | 14.93 | 8.19 | 1.87 | |||||
| Net income | 398 | 791 | 371 | 442 | 611 | 1,124 | 924 | 629 | 367 | 83 | |||||
| Depreciation | 524 | 596 | 627 | 713 | 712 | 722 | 761 | 865 | 1,003 | 1,217 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 17.47 | 18.38 | 19.24 | 20.30 | 23.16 | 29.27 | 29.91 | 28.69 | 29.73 | 30.79 | ||||
| Earnings | 2.03 | 4.04 | 1.89 | 2.26 | 3.12 | 5.73 | 4.71 | 3.04 | 1.69 | 0.24 | |||||
| Cash flow | 5.41 | 4.79 | 4.98 | 5.49 | 7.83 | 9.93 | 8.82 | 7.41 | 7.42 | 9.15 | |||||
| Capex | (4.88) | (3.39) | (6.45) | (8.29) | (4.61) | (7.72) | (10.32) | (11.49) | (14.23) | (12.46) | |||||
| Free cash flow | 0.53 | 1.40 | (1.47) | (2.81) | 3.22 | 2.21 | (1.49) | (4.08) | (6.81) | (3.31) | |||||
| Book value | 13.38 | 17.40 | 18.85 | 21.53 | 24.74 | 30.36 | 33.17 | 36.58 | 38.24 | 38.82 | |||||
| Shares, m | 196 | 196 | 196 | 196 | 196 | 196 | 196 | 196 | 196 | 196 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 18.74 | 8.47 | 19.92 | 12.89 | 19.67 | 10.42 | 12.86 | 22.39 | 38.45 | 199.08 | ||||
| P/S | 2.18 | 1.86 | 1.96 | 1.43 | 2.64 | 2.04 | 1.99 | 2.37 | 2.20 | 1.55 | |||||
| P/B | 2.69 | 1.88 | 1.92 | 1.30 | 2.40 | 1.92 | 1.76 | 1.82 | 1.68 | 1.21 | |||||
| EV/Sales | 2.93 | 2.62 | 2.89 | 2.47 | 3.41 | 2.62 | 2.68 | 3.21 | 3.26 | 2.70 | |||||
| EV/FCF | 97.04 | 34.42 | (37.67) | (17.85) | 24.54 | 34.70 | (53.74) | (22.58) | (14.24) | (25.15) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 1,059 | 938 | 976 | 1,076 | 1,535 | 1,946 | 1,730 | 1,453 | 1,454 | 1,795 | ||||
| Capex | (956) | (663) | (1,264) | (1,626) | (904) | (1,513) | (2,023) | (2,254) | (2,790) | (2,444) | |||||
| Free cash flow | 103 | 275 | (289) | (550) | 631 | 433 | (293) | (801) | (1,336) | (649) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 633 | 698 | 619 | 791 | 1,348 | 2,651 | 1,882 | 1,364 | 844 | 799 | ||||
| Total debt | 3,263 | 3,513 | 4,163 | 4,621 | 4,669 | 6,022 | 6,108 | 6,271 | 7,194 | 8,083 | |||||
| Net debt | 2,565 | 2,754 | 3,490 | 4,127 | 3,475 | 3,318 | 4,048 | 4,737 | 6,205 | 6,963 | |||||
| Shareholders’ equity | 2,620 | 3,409 | 3,692 | 4,221 | 4,852 | 5,952 | 6,504 | 7,172 | 7,498 | 7,612 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 4.55 | 7.85 | 3.28 | 3.49 | 4.00 | 6.85 | 5.03 | 3.21 | 1.68 | 0.23 | ||||
| ROIC | 8.96 | 7.76 | 5.40 | 4.04 | 7.21 | 11.10 | 8.56 | 5.13 | 3.27 | 1.86 | |||||
| ROE | 15.40 | 24.97 | 10.02 | 10.76 | 11.98 | 19.71 | 13.96 | 8.54 | 4.43 | 0.62 | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 30 Sep 2026
Charts ten years each
U-Haul Holding Company vs peers in Rental & Leasing Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AER Aercap Holdings N.V. | $22.5B | 7.1× | 8.6× | +14.86% (above 0%: growing) | −35.77% (below 0%: shrinking) | +28.45% (above 0%: growing) | 100.00% | 58.41% | Compare |
| UHAL U-Haul Holding Company | $10.1B | 407× | 74.7× | +3.16% (above 0%: growing) | −14.71% (below 0%: shrinking) | +71.17% (above 0%: growing) | 33.35% | 14.90% | |
| R Ryder System, Inc. | $9.2B | 19.4× | 18.1× | +4.95% (above 0%: growing) | +8.31% (above 0%: growing) | +103.98% (above 0%: growing) | 19.72% | 7.56% | Compare |
| GATX GATX Corporation | $5.8B | 16.4× | 17.1× | +34.75% (above 0%: growing) | +37.68% (above 0%: growing) | +231.20% (above 0%: growing) | 72.56% | 27.65% | Compare |
| HRI Herc Holdings Inc. | $4.2B | 82.7× | 26.2× | +20.16% (above 0%: growing) | n/m | +100.00% (above 0%: growing) | 51.41% | 12.21% | Compare |
| CAR Avis Budget Group, Inc. | $3.9B | — (loss-making) | 51.7× | −1.35% (below 0%: shrinking) | +900.00% (above 0%: growing) | −28.24% (below 0%: shrinking) | 49.10% | 14.81% | Compare |
| EQPT EquipmentShare.com Inc. | $3.7B | 15.1× | 38.5× | +102.37% (above 0%: growing) | n/m | −17.02% (below 0%: shrinking) | 28.36% | 6.49% | Compare |
| WSC WillScot Holdings Corporation | $3.0B | — (loss-making) | 25.5× | +3.92% (above 0%: growing) | 0.00% | −60.91% (below 0%: shrinking) | 61.83% | 19.19% | Compare |
| MGRC McGrath RentCorp | $2.8B | 18.2× | 17.0× | −6.16% (below 0%: shrinking) | −5.48% (below 0%: shrinking) | −124.93% (below 0%: shrinking) | 48.80% | 24.10% | Compare |
| Median of peers | $4.0B | 17.3× | 21.8× | +9.91% | +4.16% | +5.71% | 50.26% | 17.00% |
U-Haul Holding Company (UHAL) key facts
- Strength: U-Haul Holding Company’s revenue for fiscal 2026 (year ended March 2026) was $6.0 billion, up 3.59% from fiscal 2025.
- U-Haul Holding Company (UHAL) is a Rental & Leasing Services company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, UHAL traded at $57.02, a market capitalization of $10.1 billion.
- Return on equity was 0.62% and debt-to-equity 1.06.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.32 (distress zone) for fiscal 2026.