U-Haul Holding Company Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	5,099	4,988	4,829	5,017	4,963	3,937
Other Revenue	873.59	840.93	797.1	847.92	777.18	604.87
Revenue	5,972	5,829	5,626	5,865	5,740	4,542
Revenue Growth (YoY)	5.85%	3.61%	-4.08%	2.18%	26.37%	14.15%
Cost of Revenue	3,944	3,863	3,716	3,668	3,332	2,704
Gross Profit	1,755	1,690	1,650	1,938	2,125	1,574
Selling, General & Admin	1.44	1.49	1.46	1.22	1.12	0.99
Operating Expenses	1,160	959.67	665.39	488.01	483.87	610.92
Operating Income	594.11	730.42	984.25	1,450	1,641	963.44
Interest Expense	-329.64	-295.72	-256.18	-223.96	-167.42	-163.5
Interest & Investment Income	45.38	59.06	120.02	-	-	-
EBT Excluding Unusual Items	309.85	493.77	848.09	1,226	1,473	799.94
Gain (Loss) on Sale of Assets	-12.58	-15.76	-7.91	-5.6	4.12	-3.28
Other Unusual Items	-0.03	-0.5	-	-1.01	-0.96	-
Pretax Income	297.24	477.51	840.18	1,219	1,477	796.66
Income Tax Expense	64.49	110.42	211.47	294.93	352.21	185.8
Net Income	232.76	367.09	628.71	924.47	1,124	610.86
Net Income to Common	232.76	367.09	628.71	924.47	1,124	610.86
Net Income Growth	-51.57%	-41.61%	-31.99%	-17.78%	84.06%	38.19%
Shares Outstanding (Basic)	196	196	196	196	196	196
Shares Outstanding (Diluted)	196	196	196	196	196	196
Shares Change (YoY)	-	-	-	-	-	0.02%
EPS (Basic)	1.19	1.87	3.21	4.71	5.73	3.12
EPS (Diluted)	1.19	1.87	3.21	4.71	5.73	3.12
EPS Growth	-51.57%	-41.61%	-31.99%	-17.78%	84.06%	38.16%
Free Cash Flow	-1,820	-1,998	-1,540	-994.29	-190.3	93.92
Free Cash Flow Per Share	-9.28	-10.19	-7.86	-5.07	-0.97	0.48
Gross Margin	29.38%	29.00%	29.32%	33.05%	37.02%	34.66%
Operating Margin	9.95%	12.53%	17.50%	24.72%	28.59%	21.21%
Profit Margin	3.90%	6.30%	11.18%	15.76%	19.59%	13.45%
Free Cash Flow Margin	-30.47%	-34.28%	-27.38%	-16.95%	-3.32%	2.07%
EBITDA	988.43	1,010	1,238	2,184	2,338	1,627
EBITDA Margin	16.55%	17.32%	22.00%	37.24%	40.73%	35.83%
D&A For EBITDA	394.32	279.27	253.34	733.88	696.96	664
EBIT	594.11	730.42	984.25	1,450	1,641	963.44
EBIT Margin	9.95%	12.53%	17.50%	24.72%	28.59%	21.21%
Effective Tax Rate	21.70%	23.12%	25.17%	24.19%	23.85%	23.32%
Revenue as Reported	5,972	5,829	5,626	5,865	5,740	4,542
Advertising Expenses	-	15.3	13.8	11.1	13.7	18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.