U-Haul Holding
UHAL on NYSE. U-Haul rents trucks, trailers, and moving supplies to people moving themselves. Market value $5.0bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to March 2026.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Retail & consumer stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $-10.46 of spare cash in the past 12 months. A savings account pays about $4.
You pay 44.2 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 6 cents a year. Above 10 is good.
Quality score: 68 of 100. Price score: 3 of 100. Our list needs 70 on quality and 60 on price.
$60.67 a share, 45% above its 1-year low
Over the past year the price has ranged from $41.95 to $76.45.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $5.7bn | $5.9bn | $5.6bn | $5.8bn | $6.0bn |
| Operating margin | |||||
| Operating margin | 28.7% | 24.6% | 17.4% | 12.3% | 7.2% |
| Debt to equity | |||||
| Debt to equity | 1.08 | 0.94 | 0.87 | 0.96 | 1.06 |
| Shares outstanding | |||||
| Shares outstanding | 0.02bn | n/a | n/a | n/a | n/a |
Health checks
- Free cash flow positive0 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)4 of 7 checks we could run
- Profit backed by cash (accruals)Yes
- Debt1.06× equity
- Revenue growth, five yearsSlow, 5.9% a year
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $1.7 billion last quarter, up 3% on a year ago.
- Profit: $123 million, down 14% on a year ago.
- It keeps 7 cents of each $1 of sales as operating profit, down from 11 cents a year earlier.
- Over the past 12 months it spent $1.2 billion more cash than it brought in, compared with $1.8 billion a year earlier.
- Debt is $7 billion more than cash, up from $6.4 billion a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $1.7bn |
| December 2024 | $1.4bn |
| March 2025 | $1.2bn |
| June 2025 | $1.6bn |
| September 2025 | $1.7bn |
| December 2025 | $1.4bn |
| March 2026 | $1.3bn |
| June 2026 | $1.7bn |
| Quarter to | Amount |
|---|---|
| September 2024 | $187m |
| December 2024 | $67m |
| March 2025 | -$82m |
| June 2025 | $142m |
| September 2025 | $106m |
| December 2025 | $37m |
| March 2026 | -$128m |
| June 2026 | $123m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 May 2026
- Next quarterly (estimated, 10-Q)
- 4 November 2026
Who owns it
6 long-term investors we follow own it, unchanged from 6 last quarter. 226 funds in all.
- Yacktman Asset ManagementStephen Yacktman
- Value
- $21m
- Share of fund
- 0.3%
- Bruce & Co.R. Jeffrey Bruce
- Value
- $5m
- Share of fund
- 1.3%
- Abrams CapitalDavid Abrams
- Value
- $2m
- Share of fund
- <0.1%
- GAMCO InvestorsMario Gabelli
- Value
- $480,330
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Scharf InvestmentsBrian Krawez | $27m | 0.9% | Added |
| Yacktman Asset ManagementStephen Yacktman | $21m | 0.3% | |
| Gotham Asset ManagementJoel Greenblatt | $15m | <0.1% | Added |
| Bruce & Co.R. Jeffrey Bruce | $5m | 1.3% | |
| Abrams CapitalDavid Abrams | $2m | <0.1% | |
| GAMCO InvestorsMario Gabelli | $480,330 | <0.1% |
Largest holders overall
- Dimensional Fund Advisors LP$43mAdded
- TWO Sigma Investments, LP$38mAdded
- Norges Bank$36mNew
- D. E. Shaw$32mAdded
- BlackRock$31m
- Vanguard Capital Management$28mAdded
- Millennium Management$27mAdded
- Scharf Investments$27mAdded
- Vanguard Portfolio Management$24m
- Jacobs Levy Equity Management$23mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
No one has reported a stake above 5% since December 2024.
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought or sold on the open market in the last 12 months.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- It isn't cheap on profits: 44.2× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.