U-Haul reports Q3 net loss of $37 mln

U-Haul Holding Co

04/02/2026 21:47

Overview

Moving and storage company's Q3 net income fell to a $37 mln loss

Self-storage revenues rose 7.9% yr/yr in Q3

Outlook

U-Haul expects fleet depreciation losses to bottom out this calendar year

Company aims to improve market penetration in U-Move segment

U-Haul sees potential growth in underutilized fleet and self-storage capacity

Result Drivers

SELF-STORAGE REVENUE GROWTH - Self-storage revenues increased 7.9% yr/yr, driven by new locations and increased revenue per foot

UNDERUTILIZED CAPACITY - Company reported underutilized capacity in both fleet and self-storage, affecting earnings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$0.23
Q3 Net Income
-$37 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "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 $74.00, about 28.6% above its February 3 closing price of $57.53

The stock recently traded at 63 times the next 12-month earnings vs. a P/E of 83 three months ago

Press Release: ID:nBw48d8Hma

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.)