Corrected: U-Haul Q4 net loss widens, partly hurt by higher fleet depreciation expense

U-Haul Holding Co

27/05/2026 21:32

Corrects EPS to -$0.7, from -$0.65, in Key Details table

Overview
U.S. moving and storage firm's fiscal Q4 net loss widened as fleet depreciation rose
Fiscal Q4 revenue rose yr/yr, driven by higher self-moving equipment rental and self-storage revenues
Company authorized $350 mln share repurchase plan across both classes of shares on May 22

Outlook
Company expects capex on rental trucks to decline next year, moderating fleet depreciation
Company says liability cost growth will normalize, varying with fleet size and inflation

Result Drivers
FLEET DEPRECIATION AND DISPOSAL LOSSES - Higher fleet depreciation expense and losses on disposal of rental equipment weighed on results
UNRENTED STORAGE COSTS - Costs related to built but unrented storage units continued to be a drag on results
REVENUE GROWTH IN SELF-STORAGE AND RENTALS - Self-storage and self-moving equipment rental revenues increased, though self-storage occupancy declined

Company press release: ID:nBw2h7tKXa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
 
-$0.7
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the ground freight & logistics peer group is "buy"
Wall Street's median 12-month price target for U-Haul Holding Co is $68.00, about 33.1% above its May 26 closing price of $51.10
The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 61 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)