U-Haul Holding Co /NV/ (UHAL): Results of Operations and Financial Condition
U-Haul Holding Co /NV/ (UHAL) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 uhal-ex99_1.htm EX-99.1 EX-99.1 Contact: Sebastien Reyes Director of Investor Relations U-Haul Holding Company (602) 263-6601 Sebastien_Reyes@uhaul.com U-HAUL HOLDING COMPANY REPORTS FIRST QUARTER FISCAL 2027 FINANCIAL RESULTS RENO, Nev. (August 5, 2026) —U-Haul Holding
How this was made
The 30-second read
Why it matters
Key disclosed drivers include self-storage revenue growth (6.8%), same-store occupancy decline (88.3%), revenue per foot increase (7.6%), and a gain on sale of retired rental equipment after several quarters of losses. Moving and storage earnings from operations and adjusted EBITDA both declined year over year, while fleet depreciation expense increased.
Market read
Traders can update models using the quarter’s segment metrics, the year-over-year EBITDA decline, and the storage growth versus occupancy softness, ahead of the Aug 6 investor call and Aug 20 analyst meeting.
What to watch
Cash and credit availability fell to $1,348.6M from $1,479.4M, and storage units are being completed faster than filled, which may pressure future margins if occupancy does not recover.
Background
This is a Form 8-K (Item 2.02) with an attached earnings release for U-Haul Holding Company’s first quarter of fiscal 2027 ended June 30, 2026.
Ticker impact
U-Haul reported first-quarter fiscal 2027 results, including net earnings of $122.9M and EPS $0.63 for non-voting shares.
Near-term trading likely hinges on whether investors focus on storage growth and fleet resale gain versus the decline in moving and storage earnings/EBITDA.
The filing provides multiple segment-level datapoints (storage revenue, occupancy, EBITDA, fleet depreciation, and gain on sale) that can drive divergent interpretations of demand and cost trends.
Market effects
Provides a read-through on self-storage demand (occupancy down but revenue per foot up) and moving demand softness (tepid pickup and van resale).
No explicit regional breakdown, but storage expansion and occupancy trends can affect local real estate and logistics sentiment.
Limited global relevance; primarily a North American shared-use and self-storage operator update.
Counterpoint
The tepid pickup and van resale market plus declining moving/storage earnings and EBITDA could outweigh storage revenue growth, implying the quarter is not a durable inflection.
Key entities
- issuerU-Haul Holding Company
Parent company reporting first-quarter fiscal 2027 results and segment performance for moving and storage and self-storage.
- business initiativeU-Haul independent dealer teams
Management highlights expansion as a bright spot to drive U-Move transactions and fleet utilization.
