U-Haul Holding Company UHAL

NYSE | Industrials | Truck rental and self-storage
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Updated: 21 Sep 2026 Base analysis: 6 Aug 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Partly clear
Existing positions can be maintained while new purchases await the Q2 report.
Stable revenue growth and a turnaround to profit on used equipment are balanced by ongoing margin pressure from costs and debt, supporting the hold signal.
Market sentiment Neutral
Trend: Improving
The market weighs long-term customer loyalty and network expansion initiatives against short-term margin pressure from costs.
Risk assessment Medium
Dilution: Low Profitable company with active buyback program
Jurisdiction: Low Operations concentrated in the US and Canada
Execution: Medium Need to balance fleet sales and storage occupancy

HOLD is the call. Neutral is the market mood. Medium risk means some things can go wrong.

Latest change
  • 21 Aug 2026 — Report shows revenue rise to USD 1.68B and first profit on used equipment, driven by improved sales.

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About the company
U-Haul Holding Company is North America's leading DIY moving and storage operator. It runs the largest fleet of rental trucks and trailers and is the third-largest self-storage operator. The business also includes insurance operations through subsidiaries.
Sector: Truck rental and self-storage
Type: Industrial
Next report (Q2)
5 Nov 2026
Catalysts
Nov 2026
Q2 FY2027 report High
Bull case
Turnaround to profit on used equipment, active buyback program and expansion of the dealer network strengthen cash flow.
Bear case
Higher operating and personnel costs together with lower utilization continue to pressure margins.
Sensitivity analysis
Factor If it weakens If it strengthens
Used vehicle resale market Continued losses on equipment sales → weaker cash flow and higher quarterly losses. Steady profits on used vehicles → improved net income and stronger free cash flow.
Self-storage occupancy rates Slower leasing of new units → continued margin pressure in the storage segment. Higher occupancy in new facilities → increased revenue per square foot and better operating margins.
Why this signal
Stable revenue growth and a turnaround to profit on used equipment are balanced by ongoing margin pressure from costs and debt, supporting the hold signal.
Recent news
  • The share price has declined from around 71 USD to 64 USD since August. The 350 million USD buyback program continues and one analyst reiterated Market Outperform with a 90 USD target after the investor day.

Key figures

Revenue
FY 2027
USD 1.7B
EBITDA
FY 2027
USD 537M
Net income
FY 2027
USD 0.6
Cash
Q2 2026
USD 1.4B
Total debt
Q2 2026
USD 8.1B
Shares outstanding
Q2 2026
196M
Exchange
NYSE
Type
Industrials
Sector
Truck rental and self-storage
U-Haul Holding Company UHAL
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