U-Haul Holding Company

U-Haul Holding Company

UHALยทNYSE

$55.06

-2.1%
IndustrialsRental & Leasing Services

U-Haul Holding Company 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, flat screen television, 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 2,100 company operated retail moving stores and 21,100 independent U-Haul dealers. As of March 31, 2022, it had a rental fleet of approximately 186,000 trucks, 128,000 trailers, and 46,000 towing devices; and 1,844 self-storage locations with approximately 876,000 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. The company was formerly known as AMERCO. U-Haul Holding Company was founded in 1945 and is based in Reno, Nevada.

At a Glance

Live Snapshot
Market Cap$10.46B
EPS0.4400
P/E Ratio125.14
Earnings Date06/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 125.1).

Valuation inputs: P/E 125.1, earnings yield +0.8%, momentum -2.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE 0.0%, ROIC 0.0%).

Profitability stack: net margin 0.0%, ROE 0.0%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +64.6%, momentum -2.1%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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U-Haul Holding Company Market vs Earnings Trajectory

UHAL ยท NYSE

Loading price and EPS data...

U-Haul Holding Company

U-Haul Holding Company Fair Value Envelope

UHAL ยท NYSE

Our analysis suggests that UHAL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $55.06, this represents a potential HIDDEN relative to our calculated worth for U-Haul Holding Company.

Intrinsic Value
Current Price: $55.06
3Y-90.0%
5Y-99.0%
10Y-98.0%
3Y+3.0%
5Y+33.0%
10Y+76.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y+4.0%
5Y+17.0%
10Y+76.0%
3Y-280.0%
5Y+1811.0%
10Y-549.0%
3Y+19.0%
5Y+47.0%
10Y+129.0%
U-Haul Holding Company

U-Haul Holding Company Profit Bridge

UHAL ยท NYSE
Revenue6.04B
Cost of Goods Sold (246.86M)
Gross Profit5.79B
Operating Expenses (3.42B)
Operating Income432.62M
Interest Expense (-364.76M)
Other Income/Expense-462.13M
Pretax Income-29.51M
Income Tax (-29.51M)
Net Income0.00
Net Income
0.00

Profitability Analysis

Gross Margin

95.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

7.2%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

0.0%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

95.91%
Gross Profit Margin
12%
3Y+12.0%
5Y+14.0%
10Y+16.0%
7.17%
Operating Profit Margin
-42%
3Y-71.0%
5Y-66.0%
10Y-67.0%
0.00%
Net Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Equity
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Assets
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
UHAL

U-Haul Holding Company Cash Conversion Engine

UHAL ยท NYSE
Net Income83.13M
Depreciation & Amortization1.20B
Stock-Based Compensation0.00
Change in Working Capital0.00
Others510.48M
Capital Expenditures0.00
Free Cash Flow1.79B

Cash Flow Quality Analysis

FCF Conversion Rate

2158.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

+189.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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U-Haul Holding Company Funding & Solvency Profile

UHAL ยท NYSE
Cash & Cash Equivalents1.12B
Net Receivables159.77M
Inventory178.16M
Other Current Assets0.00
Total Current Assets4 B
Property, Plant & Equipment16.42B
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets16 B
Total Assets
21.50B

Financial Health Analysis

Current Ratio

68.46x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.82x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

4 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

18% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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U-Haul Holding Company Street Expectations Map

UHAL ยท NYSE

Wall Street analysts project that UHAL stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 80.00, with estimates ranging from a low of 80.00 to a high of 80.00.

Lowest Target
80.00
45.30%
Consensus Target
80.00
45.30%
Highest Target
80.00
45.30%

The consensus 1-year price target stands at 80.00, with estimates ranging from a low of 80.00 to a high of 80.00.

Analyst Consensus Analysis

Upside Potential

+45.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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U-Haul Holding Company Insider Positioning

UHAL ยท NYSE

During the last 12 months, insiders have purchased $8.12M worth of UHAL shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

688.5K

8.12M

Sold

0

0.00

Net Activity

+8.1M

+$8.12M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
SMV

Shoen Mark V

10 Percent Owner

229.5K sharesโ€ข1 transactions

$2.71M

2
SEJ

Shoen Edward J

Director, 10 Percent Owner, Officer: President

229.5K sharesโ€ข1 transactions

$2.71M

3
WGHL

Willow Grove Holdings Lp

10 Percent Owner

229.5K sharesโ€ข1 transactions

$2.71M

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $8.12M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Insider Participation

High Buying

3 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

0.28%
Dividend Yield
216%
3Y+369.0%
5Y-
10Y+6.0%
ย 

uhal Dividend History

UHAL
10Y CAGR 7%
Latest $0.044
Annual $0.175004
Stable dividend payments
Last Period: +0%