Quarterly ResultMay 27, 2026, 04:13 PM
U-Haul Holding Co FY26 Net Earnings Down to $83.1M; Q4 Loss ($127.8M)
AI Summary
U-Haul Holding Co reported a significant decrease in net earnings available to shareholders for the fiscal year ended March 31, 2026, falling to $83.1 million from $367.1 million in the prior year. The company also posted a net loss of ($127.8) million for the fourth quarter, an increase from ($82.3) million in the same period last year. Despite these losses, self-storage and self-moving equipment rental revenues saw increases, and the Board authorized a $350 million share repurchase plan and declared a cash dividend.
Key Highlights
- U-Haul Holding Co full-year net earnings available to shareholders decreased to $83.1 million from $367.1 million YoY.
- Quarterly net losses available to shareholders were ($127.8) million, compared to ($82.3) million last year.
- Moving and Storage earnings from operations for the full year decreased by $295.5 million.
- Self-storage revenues increased by $74.5 million, or 8.3%, for the full year.
- Self-moving equipment rental revenues increased by $86.4 million, or 2.3%, for the full year.
- Board authorized a $350 million share repurchase plan.
- Cash dividend of $0.05 per share on Non-Voting Common Stock declared.
- Self-storage same store occupancy decreased 5.4% to 86.1% in Q4 fiscal 2026.
Price Impact
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