U-Haul Holding Company (UHAL)

In the past six months, UHAL's stock has experienced some notable events. Net earnings available to common shareholders decreased in the second quarter ended September 30, 2025, due to increased fleet depreciation expense and losses from the disposal of retired equipment. U-Haul Holding reported a Q3 loss in February 2026. While revenues for major product lines have shown year-over-year increases, profits have been down for two consecutive years as of November 2025. The share price as of May 5, 2026, was $51.17, representing an 18.40% decline from May 6, 2025, but demonstrated positive momentum in early May 2026.

U-Haul's products and services experience clear demand seasonality, with summer being the peak moving season. Nearly half of all residential moves occur between Memorial Day and Labor Day weekends. The end of the month is also typically a busy period for U-Haul.

U-Haul Holding Co. operates in the Industrials sector, specifically within the Rental & Leasing Services industry. The company's business is segmented into Moving and Storage, Property and Casualty Insurance, and Life Insurance, with the majority of its revenue derived from the Moving and Storage segment. Its major products and services include moving equipment rentals, self-storage, moving supplies, towing accessories, propane, insurance, and a moving help marketplace.

U-Haul Holding Co. operates a network of over 25,000 locations across all 50 states of the U.S. and the 10 Canadian provinces. The company utilizes a decentralized hub-and-spoke distribution model, leveraging both company-owned retail centers and tens of thousands of independent dealers to maximize coverage.

In the past year, U-Haul's brand reputation has been impacted by accusations of deceptive pricing practices, including "bait-and-switch" and "drip pricing" tactics. Consumer complaints and an investigation by Truth in Advertising (TINA.org) highlighted these practices. A Reddit post also detailed a user's experience of wrongful arrest due to alleged U-Haul negligence.

U-Haul Holding Co. has a concentrated ownership structure, with the Shoen family retaining decisive voting control through a dual-class share structure. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Dimensional Fund Advisors Lp. Significant individual owners include Edward J. Shoen, James P. Shoen, and Mark V. Shoen. Private companies, such as Foster Road LLC and Willow Grove Holdings, L.P., also hold substantial ownership stakes.