U-Haul Holding Company (UHAL-B) Income Statement
UHAL-B FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsUHAL-B revenue and net income
Where UHAL-B's revenue goes
FY2026Each bar shows an amount and its share of revenue. UHAL-B kept 1.4% of revenue as net income.
UHAL-B profit margins
UHAL-B growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.6% | +1.0% | +5.9% | +6.3% |
| Gross profit | +3.6% | +1.1% | +6.3% | +6.7% |
| Operating income | −35.6% | −31.7% | −13.7% | −6.1% |
| Net income | −74.9% | −54.6% | −32.9% | −16.2% |
| EPS (diluted) | −84.7% | −36.6% | −37.8% | −19.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
UHAL-B quarterly EPS vs estimates
U-Haul beat the analyst EPS estimate in 2 of the last 8 quarters.
UHAL-B income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.04B | $5.83B | $5.63B | $5.86B | $5.74B | $4.54B | $3.98B | $3.77B | $3.60B | $3.42B |
| Cost of revenue | $855.3M | $824.3M | $792.7M | $843.4M | $4.29B | $723.2M | $627.2M | $550.8M | $622.5M | $602.4M |
| Gross profit | $5.18B | $5.00B | $4.83B | $5.02B | $1.46B | $3.82B | $3.35B | $3.22B | $2.98B | $2.82B |
| Sales, general & admin | $19.3M | $20.5M | $63.9M | $30.8M | $29.9M | $28.5M | $26.9M | $33.2M | $34.0M | $37.3M |
| Total operating expenses | $4.72B | $4.29B | $3.86B | $3.58B | $33.9M | $2.86B | $2.81B | $2.60B | $2.21B | $2.08B |
| Operating income | $460.9M | $716.2M | $977.8M | $1.45B | $1.43B | $961.1M | $540.1M | $621.0M | $765.2M | $743.2M |
| Interest income | $48.9M | $63.5M | $125.4M | $774,000 | $0 | — | $404,000 | — | — | — |
| Interest expense | $367.4M | $295.7M | $261.6M | $224.7M | $163.5M | $159.9M | $161.4M | $141.6M | $122.8M | $104.8M |
| Income before taxes | $112.6M | $477.5M | $840.2M | $1.22B | $1.48B | $796.7M | $378.1M | $477.5M | $637.6M | $628.4M |
| Income taxes | $29.5M | $110.4M | $211.5M | $294.9M | $352.2M | $185.8M | −$63.9M | $106.7M | −$153.0M | $229.9M |
| Net income | $83.1M | $331.8M | $596.9M | $890.7M | $1.12B | $610.9M | $442.0M | $370.9M | $790.6M | $398.4M |
| EBITDA | $1.66B | $1.75B | $1.94B | $2.19B | $2.34B | $1.62B | $1.20B | $1.20B | $1.32B | $1.22B |
| EPS (diluted) | $0.29 | $1.90 | $3.04 | $1.14 | $5.73 | $3.12 | $2.25 | $1.89 | $4.04 | $2.03 |
| Gross margin | 85.8% | 85.9% | 85.9% | 85.6% | 25.4% | 84.1% | 84.2% | 85.4% | 82.7% | 82.4% |
| Operating margin | 7.6% | 12.3% | 17.4% | 24.6% | 24.9% | 21.2% | 13.6% | 16.5% | 21.3% | 21.7% |
| Net margin | 1.4% | 5.7% | 10.6% | 15.2% | 19.6% | 13.4% | 11.1% | 9.8% | 22.0% | 11.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.27B | $1.42B | $1.72B | $1.63B | $1.23B | $1.39B | $1.66B | $1.55B | $1.10B | $1.34B | $1.65B |
| Cost of revenue | $71.8M | $187.3M | $1.35B | $1.45B | $1.35B | $179.5M | $196.5M | $225.7M | $222.6M | $166.6M | $182.0M | $221.1M |
| Gross profit | $1.61B | $1.08B | $67.6M | $265.6M | $282.6M | $1.05B | $1.19B | $1.43B | $1.33B | $929.4M | $1.16B | $1.43B |
| Sales, general & admin | $3.5M | $5.0M | $4.3M | $5.1M | $4.9M | $5.1M | $5.1M | $9.1M | $6.0M | $7.5M | $9.1M | $8.4M |
| Total operating expenses | $1.36B | $1.24B | $4.9M | $5.0M | $4.9M | $1.10B | $1.04B | $1.13B | $1.02B | $971.2M | $959.9M | $1.01B |
| Operating income | $250.6M | −$154.9M | $62.7M | $260.6M | $277.7M | −$42.8M | $150.7M | $302.0M | $306.2M | −$41.8M | $197.6M | $422.4M |
| Interest income | $9.5M | $16.0M | $11.2M | $10.6M | $11.2M | $9.6M | $16.6M | $17.6M | $19.7M | $121.5M | $1.5M | $1.3M |
| Interest expense | $97.9M | $97.7M | $96.0M | $90.9M | $82.9M | $80.4M | $77.5M | $73.0M | $68.6M | $64.2M | $68.9M | $65.3M |
| Income before taxes | $161.7M | −$158.1M | −$51.6M | $137.0M | $185.4M | −$114.5M | $89.4M | $246.2M | $256.4M | $13.7M | $129.8M | $358.0M |
| Income taxes | $38.8M | −$30.3M | −$14.6M | $31.4M | $43.0M | −$32.2M | $22.3M | $59.4M | $61.0M | $14.5M | $30.5M | $84.5M |
| Net income | $122.9M | −$127.8M | −$45.8M | $96.7M | $133.5M | −$91.1M | $58.3M | $178.0M | $186.6M | −$9.7M | $90.4M | $266.4M |
| EBITDA | $562.3M | $238.6M | $345.6M | $532.2M | $552.6M | $220.7M | $417.9M | $568.0M | $547.8M | $291.5M | $410.0M | $630.8M |
| EPS (diluted) | $0.63 | −$0.65 | −$0.28 | $0.49 | $0.73 | −$0.41 | $0.35 | $0.96 | $1.00 | −$0.05 | $0.46 | $1.36 |
| Gross margin | 95.7% | 85.3% | 4.8% | 15.4% | 17.3% | 85.4% | 85.8% | 86.4% | 85.6% | 84.8% | 86.4% | 86.6% |
| Operating margin | 14.9% | −12.2% | 4.4% | 15.2% | 17.0% | −3.5% | 10.9% | 18.2% | 19.8% | −3.8% | 14.8% | 25.6% |
| Net margin | 7.3% | −10.0% | −3.2% | 5.6% | 8.2% | −7.4% | 4.2% | 10.7% | 12.0% | −0.9% | 6.7% | 16.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in UHAL-B's financial statements (latest annual report filed May 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
UHAL-B financial results
In fiscal year 2026 (ended March 31, 2026), U-Haul reported revenue of $6.0 billion, up 3.6% from the year before. It had net income of $83.1 million (down 74.9%), a net profit margin of 1.4%. Diluted earnings per share came to $0.29. Over five years revenue grew at an average rate of 5.9% a year.
See the UHAL-B stock overview for the latest quote and news, or the UHAL-B chart for price history and technical indicators.
UHAL-B income statement FAQ
What is U-Haul's annual revenue?
U-Haul reported total revenue of $6.0 billion for fiscal year 2026, which ended on March 31, 2026. That was up 3.6% from $5.8 billion the previous year.
Is U-Haul profitable?
Yes. U-Haul reported net income of $83.1 million in fiscal 2026, a net profit margin of 1.4%; its operating margin was 7.6%.
What is U-Haul's gross margin?
U-Haul's gross margin was 85.8% in fiscal 2026: for every $100 of revenue, U-Haul kept $86 after the direct cost of its products and services.
How fast is U-Haul growing?
Revenue grew 5.9% a year on average over the last five fiscal years, from $4.5 billion to $6.0 billion.
What are U-Haul's earnings per share?
U-Haul earned $0.29 per diluted share in fiscal 2026, compared with $1.90 a year earlier.
When does U-Haul's fiscal year end?
U-Haul's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 27, 2026.