Earnings Releases·Nov 4, 2026, 4:21 PM ET

U-Haul Holding Company — Second Quarter Fiscal 2027 Earnings Summary

Net earnings available to common stockholders rose 29.4% year-over-year to $136.7 million for the quarter, with consolidated revenue increasing 3.1% to $1.773 billion; EPS for Non-Voting Common Stock grew to $0.71 from $0.54.
Moving and Storage adjusted EBITDA for the quarter increased $5.0 million to $547.6 million, though trailing twelve-month adjusted EBITDA declined $39.5 million to $1,642.4 million.
The company repurchased $78.3 million in shares during the quarter ($10.1 million Voting, $68.2 million Non-Voting) and declared a $0.05 per share cash dividend on Non-Voting Common Stock.
Total debt for the Moving and Storage segment increased to $8.273 billion, raising the net debt to adjusted EBITDA ratio to 4.5x from 4.1x, while cash and credit availability decreased to $1,335.1 million.
Management characterized results as a "modest win" and indicated a continued but "appropriately slower pace" of reinvestment, with self-storage revenue up 6.4% and self-moving equipment rental revenue up 3.4%.