U-Haul (UHAL)
Market Price (3/28/2026): $45.675 | Market Cap: $9.0 BilSector: Industrials | Industry: Diversified Support Services
U-Haul (UHAL)
Market Price (3/28/2026): $45.675Market Cap: $9.0 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26% | Weak multi-year price returns2Y Excs Rtn is -53%, 3Y Excs Rtn is -79% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| Low stock price volatilityVol 12M is 32% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 70x | |
| Megatrend and thematic driversMegatrends include Urbanization & Population Mobility, and Real Estate & Flexible Living. Themes include DIY Moving & Relocation Services, and Self-Storage Solutions. | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.8% | |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -27% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.3% | ||
| Key risksUHAL key risks include [1] its high dependency on a housing market susceptible to being "frozen" by elevated interest rates, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Urbanization & Population Mobility, and Real Estate & Flexible Living. Themes include DIY Moving & Relocation Services, and Self-Storage Solutions. |
| Weak multi-year price returns2Y Excs Rtn is -53%, 3Y Excs Rtn is -79% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 70x |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.8% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -27% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.3% |
| Key risksUHAL key risks include [1] its high dependency on a housing market susceptible to being "frozen" by elevated interest rates, Show more. |
Qualitative Assessment
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U-Haul (UHAL) stock has lost about 15% since 11/30/2025 because of the following key factors:
1. Deteriorating Earnings Performance: U-Haul reported a net loss of ($37.0) million for its third quarter fiscal 2026, which ended December 31, 2025, a significant decline compared to net earnings of $67.2 million in the same period of the prior year. This resulted in an earnings per share (EPS) of ($0.18) for non-voting shares, down from $0.35 in the third quarter of fiscal 2025. For the nine-month period ending December 31, 2025, net earnings available to shareholders were $210.9 million, less than half of the $449.4 million reported in the comparable period last year.
2. Increased Fleet Depreciation and Losses on Equipment Sales: The company has consistently faced elevated fleet depreciation expenses and greater losses on the sale of retired rental equipment, particularly cargo vans. Management noted these factors "continue to undermine earnings" and anticipated they would "bottom out this calendar year." For example, in the first quarter of fiscal 2026, $0.21 of the EPS decrease was attributed to fleet depreciation and $0.12 to losses on rental equipment sales. To address these issues, U-Haul plans to cut over $500,000,000 in truck purchases for fiscal 2027.
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1. Deteriorating Earnings Performance: U-Haul reported a net loss of ($37.0) million for its third quarter fiscal 2026, which ended December 31, 2025, a significant decline compared to net earnings of $67.2 million in the same period of the prior year. This resulted in an earnings per share (EPS) of ($0.18) for non-voting shares, down from $0.35 in the third quarter of fiscal 2025. For the nine-month period ending December 31, 2025, net earnings available to shareholders were $210.9 million, less than half of the $449.4 million reported in the comparable period last year.
2. Increased Fleet Depreciation and Losses on Equipment Sales: The company has consistently faced elevated fleet depreciation expenses and greater losses on the sale of retired rental equipment, particularly cargo vans. Management noted these factors "continue to undermine earnings" and anticipated they would "bottom out this calendar year." For example, in the first quarter of fiscal 2026, $0.21 of the EPS decrease was attributed to fleet depreciation and $0.12 to losses on rental equipment sales. To address these issues, U-Haul plans to cut over $500,000,000 in truck purchases for fiscal 2027.
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Stock Movement Drivers
Fundamental Drivers
The -13.2% change in UHAL stock from 11/30/2025 to 3/27/2026 was primarily driven by a -45.0% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 52.65 | 45.69 | -13.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,972 | 6,000 | 0.5% |
| Net Income Margin (%) | 3.9% | 2.1% | -45.0% |
| P/E Multiple | 44.4 | 69.7 | 57.0% |
| Shares Outstanding (Mil) | 196 | 196 | 0.0% |
| Cumulative Contribution | -13.2% |
Market Drivers
11/30/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| UHAL | -13.2% | |
| Market (SPY) | -5.3% | 42.1% |
| Sector (XLI) | 3.9% | 46.3% |
Fundamental Drivers
The -20.6% change in UHAL stock from 8/31/2025 to 3/27/2026 was primarily driven by a -59.6% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 57.55 | 45.69 | -20.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,911 | 6,000 | 1.5% |
| Net Income Margin (%) | 5.3% | 2.1% | -59.6% |
| P/E Multiple | 35.9 | 69.7 | 93.8% |
| Shares Outstanding (Mil) | 196 | 196 | 0.0% |
| Cumulative Contribution | -20.6% |
Market Drivers
8/31/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| UHAL | -20.6% | |
| Market (SPY) | 0.6% | 38.9% |
| Sector (XLI) | 5.5% | 44.7% |
Fundamental Drivers
The -34.0% change in UHAL stock from 2/28/2025 to 3/27/2026 was primarily driven by a -72.8% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 69.25 | 45.69 | -34.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,691 | 6,000 | 5.4% |
| Net Income Margin (%) | 7.9% | 2.1% | -72.8% |
| P/E Multiple | 30.3 | 69.7 | 130.1% |
| Shares Outstanding (Mil) | 196 | 196 | 0.0% |
| Cumulative Contribution | -34.0% |
Market Drivers
2/28/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| UHAL | -34.0% | |
| Market (SPY) | 9.8% | 50.8% |
| Sector (XLI) | 18.4% | 56.2% |
Fundamental Drivers
The -28.8% change in UHAL stock from 2/28/2023 to 3/27/2026 was primarily driven by a -87.1% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.21 | 45.69 | -28.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,874 | 6,000 | 2.1% |
| Net Income Margin (%) | 16.6% | 2.1% | -87.1% |
| P/E Multiple | 12.9 | 69.7 | 439.3% |
| Shares Outstanding (Mil) | 196 | 196 | 0.0% |
| Cumulative Contribution | -28.8% |
Market Drivers
2/28/2023 to 3/27/2026| Return | Correlation | |
|---|---|---|
| UHAL | -28.8% | |
| Market (SPY) | 69.4% | 49.1% |
| Sector (XLI) | 65.1% | 56.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| UHAL Return | 60% | -17% | 19% | -4% | -27% | -10% | 1% |
| Peers Return | 157% | -18% | 21% | -12% | 7% | 2% | 143% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| UHAL Win Rate | 58% | 33% | 50% | 33% | 17% | 33% | |
| Peers Win Rate | 78% | 38% | 47% | 53% | 38% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| UHAL Max Drawdown | -2% | -38% | -19% | -17% | -29% | -16% | |
| Peers Max Drawdown | -5% | -27% | -12% | -23% | -15% | -9% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PSA, EXR, CUBE, CAR, PAG. See UHAL Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | UHAL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -40.5% | -25.4% |
| % Gain to Breakeven | 68.1% | 34.1% |
| Time to Breakeven | 831 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -37.5% | -33.9% |
| % Gain to Breakeven | 60.0% | 51.3% |
| Time to Breakeven | 230 days | 148 days |
| 2018 Correction | ||
| % Loss | -19.6% | -19.8% |
| % Gain to Breakeven | 24.3% | 24.7% |
| Time to Breakeven | 204 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -75.1% | -56.8% |
| % Gain to Breakeven | 301.3% | 131.3% |
| Time to Breakeven | 605 days | 1,480 days |
Compare to PSA, EXR, CUBE, CAR, PAG
In The Past
U-Haul's stock fell -40.5% during the 2022 Inflation Shock from a high on 11/5/2021. A -40.5% loss requires a 68.1% gain to breakeven.
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About U-Haul (UHAL)
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. This segment rents its products and services through a network of approximately 2,065 company operated retail moving stores and 20,100 independent U-Haul dealers. As of March 31, 2020, it had a rental fleet of approximately 176,000 trucks, 127,000 trailers, and 41,000 towing devices; and 1,745 self-storage locations with approximately 774,000 rentable storage units. The company's Property and Casualty Insurance segment offers loss adjusting and claims handling services. It also provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. The company's Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, medicare supplement, and annuity policies. AMERCO was founded in 1945 and is based in Reno, Nevada.
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Here are a few analogies for U-Haul:
The Hertz of DIY moving and storage.
Enterprise Rent-A-Car for moving trucks and Public Storage for self-storage units, rolled into one company.
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- Moving and Storage Rentals: Rental of trucks, trailers, portable moving and storage units, and self-storage spaces for household and commercial goods.
- Moving Supplies and Accessories Sales: Sale of various moving supplies, specialty boxes, packing materials, towing accessories, and propane.
- Moving Help and Storage Marketplace: An online platform (uhaul.com) connecting consumers with independent Moving Help service providers and self-storage affiliates.
- Property & Casualty Insurance Packages: Protection packages such as Safemove and Safestor, offering damage waivers, cargo protection, and liability coverage for moving and storage customers.
- Life and Health Insurance Products: Direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies, primarily targeting the senior market.
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U-Haul (UHAL) primarily serves individual consumers and small businesses rather than other large companies. Its major customer categories include:
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Individuals Undertaking Do-It-Yourself Household Moves: This is the core customer base, consisting of individuals and families who rent trucks, trailers, and other equipment to relocate their homes. They also purchase moving supplies and often utilize vehicle transport options.
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Individuals and Small Businesses Requiring Self-Storage Solutions: Customers in this category seek secure, temporary, or long-term storage spaces for personal belongings, household goods, or business inventory, often independent of a full-scale move.
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Customers of Ancillary Moving and Towing Services and Products: This category includes individuals and small businesses who purchase moving supplies (such as boxes, tape, and security locks), towing accessories, propane, and various protection packages (like Safemove, Safetow, and Safestor) offered by U-Haul, sometimes without engaging in a full truck or storage rental.
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- Ford Motor Company (F)
- General Motors Company (GM)
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Edward J. Shoen, Chairman and President of U-Haul Holding Company, Chief Executive Officer of U-Haul International, Inc.
Edward J. Shoen is the third son of U-Haul co-founder L. S. Shoen. He earned an MBA from Harvard Business School in 1973, where his thesis focused on the self-storage industry, and a Juris Doctor from Arizona State University in 1981. In 1986, he led a shareholder coup to take control of AMERCO from his father, becoming chairman and president. Before this, he owned Space Age Paints from 1980 to 1987 while practicing law. His leadership is recognized for the expansion of U-Haul in the self-moving sector.
Jason A. Berg, Chief Financial Officer of U-Haul Holding Company
Jason A. Berg joined AMERCO subsidiary Oxford Life Insurance Company in 1996, where he served as treasurer, secretary, and vice president, overseeing accounting, financial reporting, and tax operations. Prior to joining Oxford Life, he was employed with the Internal Revenue Service. He was appointed principal accounting officer for AMERCO in 2005 and became the Chief Financial Officer in 2016. He is also the Treasurer & Director at Amerco Real Estate Co. and Chief Accounting Officer at U-Haul International, Inc., both subsidiaries of AMERCO. He is a Certified Public Accountant.
Samuel J. Shoen, Vice Chairman of the Board and U-Box Project Manager
Samuel J. Shoen serves as the Vice Chairman of the Board and is involved as the U-Box Project Manager. He is the son of Edward J. Shoen.
John C. Taylor, President of U-Haul International, Inc.
John C. Taylor holds the position of President of U-Haul International, Inc.
Maria L. Bell, Chief Accounting Officer of U-Haul Holding Company
Maria L. Bell serves as the Chief Accounting Officer of U-Haul Holding Company.
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U-Haul (UHAL), operating as AMERCO, faces several key risks to its business, primarily due to its reliance on consumer mobility and its asset-heavy operational model.Key Risks to U-Haul's Business
- Dependence on Housing Market and Economic Conditions: U-Haul's core moving and storage business is directly tied to the health of the housing market and overall economic activity. Economic downturns or slowdowns in the housing market, characterized by fewer home sales and reduced relocation activity, can significantly decrease demand for U-Haul's trucks, trailers, and self-storage units. The company's filings acknowledge the impact of economic downturns on operations, leading to reduced demand and pricing pressure. Recent reports have linked declines in U-Haul's earnings and stock price to fewer one-way moves, indicating a direct correlation with broader economic and housing market shifts.
- Operational Costs and Fleet Management: Operating a vast fleet of approximately 176,000 trucks and 127,000 trailers exposes U-Haul to substantial operational costs. These include significant expenses related to fuel, maintenance, and depreciation of its fleet. Fuel price volatility can directly impact profit margins, as U-Haul trucks typically have lower fuel efficiency, averaging around 10 miles per gallon. Additionally, the company faces challenges with fleet depreciation and underutilized capacity, and the uncertainty of the truck resale market can affect net capital investment.
- High Debt Levels: U-Haul carries a significant amount of debt, which poses a financial risk. With $13.51 billion of debt exceeding $1.44 billion of cash on its balance sheet and a high net-debt-to-EBITDA ratio of 7x, the company is considered overleveraged. High debt levels can limit financial flexibility, increase borrowing costs, and make the company more vulnerable to adverse market conditions or declining profitability, potentially impacting its ability to invest in growth or manage unexpected challenges.
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U-Haul (UHAL), operating as AMERCO, primarily serves the do-it-yourself moving and storage market, and also offers property and casualty insurance and life insurance products. The addressable market sizes for its main products and services in the United States are as follows:
Do-It-Yourself Moving and Storage
- Self-Storage: The U.S. self-storage market was valued at an estimated USD 44 billion in 2023, with projections to grow from USD 45.34 billion in 2025 to USD 47.28 billion in 2026, and further to USD 57.79 billion by 2031. Other estimates place the total revenue at over $40 billion (as of May 23, 2025). As of March 9, 2026, the overall self-storage industry is valued between $44.3 billion.
- Moving Truck Rental: The market size for truck rentals in the U.S. was estimated at USD 34.8 billion in 2024. This market is projected to be USD 34.4 billion in 2025 and is expected to reach USD 28,124.1 million by 2030, with a compound annual growth rate (CAGR) of 4.2% from 2025 to 2030. Another source indicates the U.S. truck rental market size was estimated at USD 21.5 billion in 2024 and is projected to grow from USD 23.71 billion in 2025 to USD 63.12 billion by 2035, exhibiting a CAGR of 10.2% during this forecast period.
Property and Casualty Insurance
- Moving and Storage Protection Packages: A specific addressable market size for moving and storage protection packages within the U.S. is not readily available. While the broader U.S. logistics insurance market had a revenue of USD 11.3 million in 2023, expected to reach USD 13.0 million by 2030, this figure likely does not fully encompass U-Haul's specialized Safemove, Safetow, and Safestor offerings for household and commercial goods.
Life Insurance Segment
- Life and Health Insurance Products (including Annuities): The U.S. life insurance and annuities market was sized at USD 819 billion in 2024, with projections to reach USD 1100.2 billion by 2032 at a CAGR of 3.9% from 2025 to 2032. Separately, US individual annuity sales reached $461.3 billion in 2025.
- Medicare Supplement Health Insurance: The U.S. Medicare Supplement Health Insurance market size was valued at USD 26.97 billion in 2022 and accounted for USD 30.55 billion in 2025. It is expected to grow at a CAGR of 5.0% from 2023 to 2030, reaching USD 39.26 billion by 2030, and is estimated to achieve USD 50.33 billion by 2035.
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U-Haul (UHAL) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Self-Storage Expansion: U-Haul is actively expanding its self-storage portfolio by adding new units and developing additional properties. The company anticipates significant revenue growth from these non-same-store locations once they achieve stabilized occupancy rates, as well as from numerous projects currently under development.
- Optimization and Growth of Truck Rental Business: Despite some fluctuations in truck transactions, U-Haul aims to increase revenue through improved fleet utilization and management, reduced maintenance costs, and an increase in rental transactions. The expansion of its network with new company-operated locations and independent dealers is expected to facilitate better distribution of its fleet and boost transaction volumes.
- Expansion of U-Box Container Services: The company is growing its flexible U-Box moving and storage container services. This segment contributes to "other revenue" through an increase in moving transactions and a greater number of containers kept in storage by customers.
- Growth in Ancillary Product and Service Sales: U-Haul enhances its revenue by selling a variety of moving supplies, towing accessories, propane, specialty boxes, tapes, and security locks. Additionally, moving and storage protection packages like Safemove, Safetow, Safestor, and Safestor Mobile contribute to overall revenue.
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Share Repurchases
- No significant share repurchases have been made by U-Haul (UHAL) over the last 3-5 years, with quarterly buybacks reported at $0.00 for December 31, 2025.
Share Issuance
- In 2022, U-Haul Holding Company issued a stock dividend that created non-voting Class B Common Stock (UHALB), designed to be more accessible to retail investors while offering the same economic interest as voting shares.
- As of May 28, 2025, there were 19,607,788 shares of Voting Common Stock (UHAL) and 176,470,092 shares of Series N Non-Voting Common Stock (UHAL.B) outstanding.
Capital Expenditures
- U-Haul's Capital Expenditure for the Last Twelve Months (LTM) was $774 million as of November 24, 2025.
- The company is primarily focused on expanding its self-storage properties and the U-Box portable storage fleet.
- During the third quarter of fiscal 2026 (ending December 31, 2025), U-Haul added 16 new storage locations and 1.5 million net rentable square feet, with approximately 12.9 million net rentable square feet in development or pending.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| U-Haul Earnings Notes | 12/24/2025 | |
| How Low Can U-Haul Stock Really Go? | 10/17/2025 | |
| U-Haul vs T-Mobile US: Which Is A Better Investment? | 08/18/2025 | |
| U-Haul vs United Rentals: Which Is A Better Investment? | 08/18/2025 | |
| How Does U-Haul Stock Stack Up Against Its Peers? | 08/13/2025 | |
| Better Bet Than UHAL Stock: Pay Less Than U-Haul To Get More From TMUS, UNH | 08/12/2025 | |
| Better Bet Than UHAL Stock: Pay Less Than U-Haul To Get More From UAL, LDOS | 08/12/2025 | |
| Better Bet Than UHAL Stock: Pay Less Than U-Haul To Get More From MGRC | 08/12/2025 | |
| UHAL Dip Buy Analysis | 07/10/2025 | |
| ARTICLES | ||
| Stocks Trading At 52-Week Low | 10/31/2025 |
Trade Ideas
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|---|---|---|---|---|---|---|---|
| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
| 08312025 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -12.0% | -12.0% | -15.3% |
| 11302022 | UHAL | U-Haul | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -16.6% | -10.6% | -23.0% |
| 05312022 | UHAL | U-Haul | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 25.6% | 7.8% | -7.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 138.69 |
| Mkt Cap | 9.4 |
| Rev LTM | 5,412 |
| Op Inc LTM | 947 |
| FCF LTM | 630 |
| FCF 3Y Avg | 686 |
| CFO LTM | 1,720 |
| CFO 3Y Avg | 1,609 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.2% |
| Rev Chg 3Y Avg | 4.2% |
| Rev Chg Q | 2.6% |
| QoQ Delta Rev Chg LTM | 0.6% |
| Op Mgn LTM | 25.1% |
| Op Mgn 3Y Avg | 29.9% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 41.5% |
| CFO/Rev 3Y Avg | 42.8% |
| FCF/Rev LTM | 28.1% |
| FCF/Rev 3Y Avg | 28.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 9.4 |
| P/S | 4.4 |
| P/EBIT | 17.0 |
| P/E | 25.4 |
| P/CFO | 11.8 |
| Total Yield | 6.2% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 5.6% |
| D/E | 0.7 |
| Net D/E | 0.6 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -9.2% |
| 3M Rtn | -0.0% |
| 6M Rtn | -8.3% |
| 12M Rtn | -6.0% |
| 3Y Rtn | -4.3% |
| 1M Excs Rtn | -2.2% |
| 3M Excs Rtn | 9.1% |
| 6M Excs Rtn | -4.4% |
| 12M Excs Rtn | -17.6% |
| 3Y Excs Rtn | -65.8% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $45.69 | |
| Market Cap ($ Bil) | 9.0 | |
| First Trading Date | 11/04/1994 | |
| Distance from 52W High | -32.7% | |
| 50 Days | 200 Days | |
| DMA Price | $50.92 | $55.08 |
| DMA Trend | down | down |
| Distance from DMA | -10.3% | -17.0% |
| 3M | 1YR | |
| Volatility | 43.0% | 32.3% |
| Downside Capture | 0.94 | 0.88 |
| Upside Capture | 137.04 | 66.79 |
| Correlation (SPY) | 43.5% | 50.8% |
UHAL Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.51 | 1.56 | 1.52 | 1.03 | 0.83 | 0.96 |
| Up Beta | -1.36 | 0.05 | 0.59 | 0.82 | 0.77 | 0.89 |
| Down Beta | 5.36 | 3.26 | 2.60 | 1.56 | 0.85 | 0.89 |
| Up Capture | 64% | 126% | 116% | 55% | 51% | 70% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 25 | 33 | 62 | 119 | 376 |
| Down Capture | 188% | 118% | 139% | 111% | 108% | 105% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 16 | 28 | 62 | 130 | 374 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UHAL | |
|---|---|---|---|---|
| UHAL | -28.6% | 32.3% | -1.01 | - |
| Sector ETF (XLI) | 20.5% | 19.2% | 0.84 | 55.4% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 50.9% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 9.7% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 23.2% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 53.2% |
| Bitcoin (BTCUSD) | -21.0% | 44.0% | -0.41 | 33.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UHAL | |
|---|---|---|---|---|
| UHAL | -4.6% | 29.7% | -0.13 | - |
| Sector ETF (XLI) | 12.3% | 17.2% | 0.56 | 59.5% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 54.5% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 10.5% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 16.5% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 53.9% |
| Bitcoin (BTCUSD) | 4.7% | 56.6% | 0.30 | 23.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UHAL | |
|---|---|---|---|---|
| UHAL | 3.3% | 29.1% | 0.16 | - |
| Sector ETF (XLI) | 13.0% | 19.8% | 0.58 | 57.1% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 54.0% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 3.4% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 20.8% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 50.8% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 16.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/4/2026 | -14.7% | -16.1% | -15.6% |
| 11/5/2025 | -0.6% | -1.5% | -1.9% |
| 5/29/2025 | 1.2% | -0.6% | -4.2% |
| 2/5/2025 | -1.4% | 1.1% | -2.5% |
| 11/6/2024 | -2.2% | -6.9% | -4.7% |
| 8/7/2024 | 6.8% | 6.0% | 10.4% |
| 5/29/2024 | -1.0% | 4.1% | -1.8% |
| 5/30/2023 | -16.2% | -12.6% | -12.7% |
| SUMMARY STATS | |||
| # Positive | 2 | 3 | 1 |
| # Negative | 6 | 5 | 7 |
| Median Positive | 4.0% | 4.1% | 10.4% |
| Median Negative | -1.8% | -6.9% | -4.2% |
| Max Positive | 6.8% | 6.0% | 10.4% |
| Max Negative | -16.2% | -16.1% | -15.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/04/2026 | 10-Q |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/29/2025 | 10-K |
| 12/31/2024 | 02/05/2025 | 10-Q |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/30/2024 | 10-K |
| 12/31/2023 | 02/07/2024 | 10-Q |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 06/02/2023 | 10-K |
| 12/31/2022 | 02/08/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/25/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Shoen, Edward J | President | Blackwater Investments, Inc. | Buy | 9222025 | 0.00 | 229,515 | Form | ||
| 2 | Shoen, Mark V | Blackwater Investments, Inc. | Buy | 9222025 | 0.00 | 229,515 | Form | |||
| 3 | Willow, Grove Holdings Lp | Blackwater Investments, Inc. | Buy | 9222025 | 0.00 | 229,515 | Form | |||
| 4 | Shoen, Mark V | MVS-029 Trust | Sell | 2282025 | 65.03 | 12,500 | 812,885 | 42,576,380 | Form | |
| 5 | Shoen, Mark V | MVS-029 Trust | Sell | 2242025 | 65.86 | 12,500 | 823,270 | 43,962,621 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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