Pulling SEC filings + quote and writing the call…

U-Haul Holding Co /NV/
Next earnings Aug 4, 2026 · consensus $0.66 EPS, $1.70B rev
Last earnings +1.6% on 2026-05-27
The cheaper, dividend-paying non-voting class of U-Haul — same franchise and depressed returns, at a lower price.
UHAL-B is the non-voting common stock of U-Haul Holding, the dominant North American do-it-yourself moving and self-storage franchise. The underlying economics are identical to the voting shares: FY2026 (year ended March 2026) revenue grew 3.6% to $761M, but net income collapsed 77.4% to $83.1M — the latest step in a steep multi-year decline from $1.12B (FY2022) through $924M, $629M and $367M. That has driven ROE down to just 1.1%. The decline largely reflects heavy depreciation from an aggressive investment cycle rather than operating failure: capital expenditures were $3.15B and long-term debt rose 12.4% to $8.12B as U-Haul expands its rental fleet and self-storage footprint, while operating cash flow actually grew 23.4% to $1.79B.
Sources: SEC EDGAR (CIK 0000004457, latest 10-K filed 2026-05-27) · EODHD · analysis by claude-code · as of 6/21/2026, 8:50:10 PM.
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The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $699M | $746M | $714M | $735M | $761M |
| Gross profit | — | — | — | — | — |
| Operating income | $1.65B | $1.45B | $978M | $716M | $433M |
| Net income | $1.12B | $924M | $629M | $367M | $83.1M |
| Diluted EPS | — | — | — | — | — |
| Net margin | 160.8% | 123.9% | 88.0% | 49.9% | 10.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1046 tracked peers · median
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
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Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.