U-Haul Q1 FY27 net earnings drop 13.63% to $122.9 million

Reuters2026/08/05 20:47

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U-Haul Holding Company first-quarter fiscal 2027 earnings available to common shareholders fell 13.63% to $122.9 million; UHAL.B EPS slipped to $0.63.
Revenue rose 3.16% to $1.68 billion, led by self-moving equipment rental revenue up 2.8% to $1.09 billion.
Moving and Storage operating profit before insurance-subsidiary equity income edged down 3.34% to $234.8 million on higher fleet and real-estate depreciation.
Self-storage revenue climbed 6.8% to $250.2 million; same-store occupancy fell 4.5 percentage points to 88.3% as revenue per foot increased 7.6%.
Chairman Joe Shoen flagged a tepid pickup and van resale market, faster storage rent-up, and expansion of independent dealers to drive transactions and utilization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U-Haul Holding Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805342587) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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U-Haul Q1 FY27 net earnings drop 13.63% to $122.9 million

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