U-Haul Holding Company Reports Mixed Fiscal 2025 Q3 Results

AMERCO ( (UHAL) ) has released its Q3 earnings. Here is a breakdown of the information AMERCO presented to its investors.

U-Haul Holding Company, a leader in the shared-use business sector, operates across various industries, including moving and storage, insurance, and real estate. The company, with a significant market presence in North America, has a diverse portfolio that also includes self-storage facilities and propane retailing.

In its latest earnings report for the third quarter of fiscal 2025, U-Haul Holding Company announced a net earnings decrease to $67.2 million compared to $99.2 million in the same period the previous year. Despite this decline, the company reported positive growth in specific segments, such as self-storage and self-moving equipment rental revenues, which saw increases of 7.9% and 4.6%, respectively.

Key financial metrics reveal a mixed performance for U-Haul. The Moving and Storage segment showed an increase in EBITDA, adjusted to exclude interest income, by $47.8 million to $376.7 million. However, earnings from operations in the same segment decreased by $25.5 million, partly due to reduced gains from rental equipment disposal and increased depreciation expenses. The company’s self-storage segment experienced notable expansion with the addition of new locations and increased total rentable square footage.

Despite the challenges faced, U-Haul continues to focus on enhancing customer experience and expanding its service offerings. This is evidenced by increased moving and storage transactions related to their U-Box program and the strategic expansion of their self-storage portfolio.

Looking ahead, U-Haul Holding Company remains committed to improving operational efficiencies and expanding its market reach. The management emphasizes ongoing developments and investments in infrastructure to better serve an increasing customer base, suggesting a cautious yet optimistic outlook for future growth.