U-Haul Holding Company
U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. It rents trucks, trailers, fixed and portable moving and storage units, specialty rental items, and self-storage spaces primarily to the house… Read more
U-Haul Holding Company (UHAL) - Net Assets
Latest net assets as of December 2025: $7.74 Billion USD
Based on the latest financial reports, U-Haul Holding Company (UHAL) has net assets worth $7.74 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.62 Billion) and total liabilities ($13.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.74 Billion |
| % of Total Assets | 35.82% |
| Annual Growth Rate | 8.2% |
| 5-Year Change | 54.54% |
| 10-Year Change | 233.04% |
| Growth Volatility | 21.46 |
U-Haul Holding Company - Net Assets Trend (1994–2025)
This chart illustrates how U-Haul Holding Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for U-Haul Holding Company (1994–2025)
The table below shows the annual net assets of U-Haul Holding Company from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $7.50 Billion | +4.54% |
| 2024-03-31 | $7.17 Billion | +10.27% |
| 2023-03-31 | $6.50 Billion | +9.27% |
| 2022-03-31 | $5.95 Billion | +22.68% |
| 2021-03-31 | $4.85 Billion | +14.95% |
| 2020-03-31 | $4.22 Billion | +14.31% |
| 2019-03-31 | $3.69 Billion | +8.32% |
| 2018-03-31 | $3.41 Billion | +30.12% |
| 2017-03-31 | $2.62 Billion | +16.36% |
| 2016-03-31 | $2.25 Billion | +19.48% |
| 2015-03-31 | $1.88 Billion | +23.37% |
| 2014-03-31 | $1.53 Billion | +24.25% |
| 2013-03-31 | $1.23 Billion | +18.67% |
| 2012-03-31 | $1.04 Billion | +4.31% |
| 2011-03-31 | $993.02 Million | +22.16% |
| 2010-03-31 | $812.91 Million | +13.28% |
| 2009-03-31 | $717.63 Million | -5.38% |
| 2008-03-31 | $758.43 Million | +5.62% |
| 2007-03-31 | $718.10 Million | +3.23% |
| 2006-03-31 | $695.60 Million | +24.15% |
| 2005-03-31 | $560.29 Million | +15.59% |
| 2004-03-31 | $484.70 Million | +61.17% |
| 2003-03-31 | $300.74 Million | -28.85% |
| 2002-03-31 | $422.66 Million | +63.89% |
| 2001-03-31 | $257.89 Million | -55.94% |
| 2000-03-31 | $585.29 Million | -4.99% |
| 1999-03-31 | $616.02 Million | +3.52% |
| 1998-03-31 | $595.06 Million | -1.21% |
| 1997-03-31 | $602.32 Million | -7.92% |
| 1996-03-31 | $654.12 Million | -4.76% |
| 1995-03-31 | $686.78 Million | +5.37% |
| 1994-03-31 | $651.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to U-Haul Holding Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1439.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.93 Billion | 105.78% |
| Common Stock | $10.67 Million | 0.14% |
| Other Comprehensive Income | $-229.31 Million | -3.06% |
| Total Equity | $7.50 Billion | 100.00% |
U-Haul Holding Company Competitors by Market Cap
The table below lists competitors of U-Haul Holding Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hashicorp Inc
NASDAQ:HCP
|
$4.91 Billion |
|
Ameris Bancorp
NASDAQ:ABCB
|
$4.91 Billion |
|
Lien Viet Post Joint Stock Commercial Bank
VN:LPB
|
$4.91 Billion |
|
Core Natural Resources, Inc.
NYSE:CNR
|
$4.91 Billion |
|
Wex Inc
NYSE:WEX
|
$4.91 Billion |
|
OMRON Corporation
PINK:OMRNF
|
$4.90 Billion |
|
ChampionX Corporation
NASDAQ:CHX
|
$4.89 Billion |
|
Home BancShares Inc
NYSE:HOMB
|
$4.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in U-Haul Holding Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,172,445,000 to 7,498,143,000, a change of 325,698,000 (4.5%).
- Net income of 331,796,000 contributed positively to equity growth.
- Dividend payments of 35,294,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,098,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $331.80 Million | +4.43% |
| Dividends Paid | $35.29 Million | -0.47% |
| Other Comprehensive Income | $-6.10 Million | -0.08% |
| Other Changes | $35.29 Million | +0.47% |
| Total Change | $- | 4.54% |
Book Value vs Market Value Analysis
This analysis compares U-Haul Holding Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 27.02x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-03-31 | $1.69 | $45.55 | x |
| 1995-03-31 | $1.80 | $45.55 | x |
| 1996-03-31 | $1.82 | $45.55 | x |
| 1997-03-31 | $2.36 | $45.55 | x |
| 1998-03-31 | $2.72 | $45.55 | x |
| 1999-03-31 | $2.81 | $45.55 | x |
| 2000-03-31 | $2.62 | $45.55 | x |
| 2001-03-31 | $2.86 | $45.55 | x |
| 2002-03-31 | $2.37 | $45.55 | x |
| 2003-03-31 | $1.57 | $45.55 | x |
| 2004-03-31 | $2.43 | $45.55 | x |
| 2005-03-31 | $2.75 | $45.55 | x |
| 2006-03-31 | $33.35 | $45.55 | x |
| 2007-03-31 | $34.46 | $45.55 | x |
| 2008-03-31 | $38.42 | $45.55 | x |
| 2009-03-31 | $37.09 | $45.55 | x |
| 2010-03-31 | $41.93 | $45.55 | x |
| 2011-03-31 | $51.10 | $45.55 | x |
| 2012-03-31 | $53.18 | $45.55 | x |
| 2013-03-31 | $62.98 | $45.55 | x |
| 2014-03-31 | $78.09 | $45.55 | x |
| 2015-03-31 | $9.62 | $45.55 | x |
| 2016-03-31 | $11.49 | $45.55 | x |
| 2017-03-31 | $13.38 | $45.55 | x |
| 2018-03-31 | $17.40 | $45.55 | x |
| 2019-03-31 | $18.85 | $45.55 | x |
| 2020-03-31 | $215.30 | $45.55 | x |
| 2021-03-31 | $24.74 | $45.55 | x |
| 2022-03-31 | $30.36 | $45.55 | x |
| 2023-03-31 | $33.17 | $45.55 | x |
| 2024-03-31 | $36.58 | $45.55 | x |
| 2025-03-31 | $38.24 | $45.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently U-Haul Holding Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.69%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.73x
- Recent ROE (4.43%) is below the historical average (10.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 6.17% | 3.54% | 0.48x | 3.60x | $-24.99 Million |
| 1995 | 8.74% | 4.69% | 0.49x | 3.79x | $-8.65 Million |
| 1996 | 9.30% | 4.62% | 0.46x | 4.35x | $-4.56 Million |
| 1997 | 8.61% | 3.74% | 0.51x | 4.51x | $-8.37 Million |
| 1998 | 5.88% | 2.57% | 0.47x | 4.90x | $-24.52 Million |
| 1999 | 10.15% | 4.02% | 0.50x | 5.01x | $906.50K |
| 2000 | 10.80% | 3.64% | 0.56x | 5.34x | $4.65 Million |
| 2001 | -7.19% | -2.18% | 0.60x | 5.50x | $-105.77 Million |
| 2002 | -9.50% | -2.16% | 0.58x | 7.56x | $-97.35 Million |
| 2003 | -7.63% | -1.17% | 0.56x | 11.62x | $-57.73 Million |
| 2004 | -0.57% | -0.13% | 0.64x | 6.70x | $-53.24 Million |
| 2005 | 15.61% | 4.45% | 0.65x | 5.42x | $32.14 Million |
| 2006 | 17.42% | 5.75% | 0.63x | 4.84x | $51.59 Million |
| 2007 | 12.61% | 4.51% | 0.57x | 4.91x | $18.74 Million |
| 2008 | 8.94% | 3.41% | 0.52x | 5.05x | $-8.06 Million |
| 2009 | 1.87% | 0.69% | 0.51x | 5.33x | $-58.35 Million |
| 2010 | 8.07% | 3.36% | 0.52x | 4.63x | $-15.67 Million |
| 2011 | 18.49% | 8.15% | 0.54x | 4.21x | $84.27 Million |
| 2012 | 19.83% | 8.18% | 0.54x | 4.49x | $101.78 Million |
| 2013 | 21.53% | 10.35% | 0.48x | 4.32x | $141.78 Million |
| 2014 | 22.42% | 12.08% | 0.47x | 3.93x | $189.65 Million |
| 2015 | 18.93% | 11.60% | 0.45x | 3.65x | $168.31 Million |
| 2016 | 21.72% | 14.93% | 0.40x | 3.62x | $263.86 Million |
| 2017 | 15.21% | 11.64% | 0.36x | 3.59x | $136.45 Million |
| 2018 | 23.19% | 21.95% | 0.34x | 3.15x | $449.71 Million |
| 2019 | 10.04% | 9.84% | 0.32x | 3.22x | $1.62 Million |
| 2020 | 10.47% | 11.11% | 0.30x | 3.18x | $19.98 Million |
| 2021 | 12.59% | 13.45% | 0.31x | 3.02x | $125.67 Million |
| 2022 | 18.87% | 19.57% | 0.33x | 2.91x | $528.04 Million |
| 2023 | 13.69% | 15.19% | 0.32x | 2.78x | $240.33 Million |
| 2024 | 8.32% | 10.61% | 0.30x | 2.66x | $-120.30 Million |
| 2025 | 4.43% | 5.69% | 0.28x | 2.73x | $-418.02 Million |
Industry Comparison
This section compares U-Haul Holding Company's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,407,402,768
- Average return on equity (ROE) among peers: -22.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| U-Haul Holding Company (UHAL) | $7.74 Billion | 6.17% | 1.79x | $4.91 Billion |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.49 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.80 Billion |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $101.18 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |