U-Haul Holding Company (UHAL-B) — Working Capital to Net Assets Ratio
U-Haul Holding Company (UHAL-B) has a Working Capital to Net Assets ratio of 10.4% as of March 2026. Working capital of $789.96 Million (current assets of $1.65 Billion minus current liabilities of $859.78 Million) is measured against net assets of $7.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See U-Haul Holding Company leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
U-Haul Holding Company Working Capital to Net Assets (1994–2026)
This chart shows how U-Haul Holding Company's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1994 to 2026. As of March 2026, the ratio stands at 10.4%, reflecting working capital of $789.96 Million against net assets of $7.61 Billion USD. See U-Haul Holding Company defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for U-Haul Holding Company (1994–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for U-Haul Holding Company from 1994 to 2026, covering 33 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see UHAL-B market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 10.4% | $789.96 Million | $7.61 Billion | $1.65 Billion | $859.78 Million | ▲ +0.0 pp |
| 2025 | 10.3% | $774.93 Million | $7.50 Billion | $2.51 Billion | $1.73 Billion | ▼ -4.9 pp |
| 2024 | 15.2% | $1.09 Billion | $7.17 Billion | $2.78 Billion | $1.68 Billion | ▼ -11.5 pp |
| 2023 | 26.7% | $1.74 Billion | $6.50 Billion | $3.43 Billion | $1.69 Billion | ▼ -4.4 pp |
| 2022 | 31.1% | $1.85 Billion | $5.95 Billion | $3.47 Billion | $1.62 Billion | ▲ +22.9 pp |
| 2021 | 8.2% | $397.08 Million | $4.85 Billion | $2.08 Billion | $1.69 Billion | ▲ +11.9 pp |
| 2020 | -3.7% | $-156.25 Million | $4.22 Billion | $1.43 Billion | $1.58 Billion | ▲ +5.6 pp |
| 2019 | -9.3% | $-343.35 Million | $3.69 Billion | $1.26 Billion | $1.60 Billion | ▲ +5.0 pp |
| 2018 | -14.3% | $-487.99 Million | $3.41 Billion | $1.31 Billion | $1.79 Billion | ▲ +1.2 pp |
| 2017 | -15.5% | $-406.25 Million | $2.62 Billion | $1.24 Billion | $1.65 Billion | ▲ +4.0 pp |
| 2016 | -19.5% | $-446.46 Million | $2.29 Billion | $1.15 Billion | $1.60 Billion | ▲ +10.1 pp |
| 2015 | -29.6% | $-557.89 Million | $1.88 Billion | $1.02 Billion | $1.58 Billion | ▲ +0.0 pp |
| 2014 | -29.6% | $-452.46 Million | $1.53 Billion | $1.02 Billion | $1.47 Billion | ▲ +6.3 pp |
| 2013 | -35.9% | $-441.19 Million | $1.23 Billion | $1.06 Billion | $1.50 Billion | ▲ +3.1 pp |
| 2012 | -39.0% | $-403.66 Million | $1.04 Billion | $1.13 Billion | $1.54 Billion | ▼ -68.8 pp |
| 2011 | 29.8% | $296.29 Million | $993.02 Million | $2.08 Billion | $1.79 Billion | ▲ +3.7 pp |
| 2010 | 26.1% | $212.16 Million | $812.91 Million | $1.81 Billion | $1.60 Billion | ▼ -8.8 pp |
| 2009 | 34.9% | $250.19 Million | $717.63 Million | $1.81 Billion | $1.56 Billion | ▲ +1.6 pp |
| 2008 | 33.2% | $251.93 Million | $758.43 Million | $1.82 Billion | $1.57 Billion | ▲ +197.4 pp |
| 2007 | -164.2% | $-1.18 Billion | $718.10 Million | $1.63 Billion | $2.80 Billion | ▼ -43.5 pp |
| 2006 | -120.7% | $-839.56 Million | $695.60 Million | $1.83 Billion | $2.67 Billion | ▲ +42.1 pp |
| 2005 | -162.8% | $-912.29 Million | $560.29 Million | $1.03 Billion | $1.94 Billion | ▲ +32.7 pp |
| 2004 | -195.6% | $-947.96 Million | $484.70 Million | $1.94 Billion | $2.89 Billion | ▼ -186.0 pp |
| 2003 | -9.6% | $-28.85 Million | $300.74 Million | $425.26 Million | $454.11 Million | ▼ -39.8 pp |
| 2002 | 30.2% | $127.52 Million | $422.66 Million | $404.65 Million | $277.13 Million | ▼ -51.8 pp |
| 2001 | 82.0% | $211.48 Million | $257.89 Million | $441.54 Million | $230.06 Million | ▲ +50.2 pp |
| 2000 | 31.8% | $185.97 Million | $585.29 Million | $398.73 Million | $212.75 Million | ▼ -15.8 pp |
| 1999 | 47.6% | $293.08 Million | $616.02 Million | $531.99 Million | $238.90 Million | ▲ +9.2 pp |
| 1998 | 38.4% | $228.35 Million | $595.06 Million | $439.27 Million | $210.91 Million | ▲ +9.6 pp |
| 1997 | 28.8% | $173.38 Million | $602.32 Million | $363.33 Million | $189.95 Million | ▼ -9.0 pp |
| 1996 | 37.8% | $247.20 Million | $654.12 Million | $434.04 Million | $186.84 Million | ▲ +2.1 pp |
| 1995 | 35.7% | $245.39 Million | $686.78 Million | $411.79 Million | $166.40 Million | ▼ -2.0 pp |
| 1994 | 37.7% | $245.71 Million | $651.79 Million | $272.27 Million | $26.56 Million | — |