U-Haul Holding Co /NV/

U-Haul Holding Company reported first-quarter fiscal 2027 net earnings of $122.9 million, a decrease from $142.3 million in the prior year, with Non-Voting EPS falling to $0.63 from $0.73. Despite this, consolidated revenue grew 3.2% to $1.68 billion, driven by increases in self-moving equipment rental and self-storage revenues. Moving and Storage earnings from operations and adjusted EBITDA both saw declines, while the company continued to expand its self-storage footprint and repurchase shares.

U-Haul Holding Company announced its 2026 Annual Meeting of Stockholders to be held on August 20, 2026, in Phoenix, Arizona, and via webcast. Stockholders will vote on the election of seven directors, an advisory resolution on Named Executive Officer compensation, and the frequency of future advisory votes on executive compensation. Additionally, proposals include the ratification of Deloitte & Touche, LLP as the independent auditor, a stockholder proposal to ratify Board decisions, and another stockholder proposal requesting a GHG emissions report. Samuel J. Shoen, a current Director and Vice Chairman, is not standing for re-election.

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.