U-Haul Holding Company is the parent company of U-Haul International, the world's largest consumer truck and trailer rental company. U-Haul is also the third largest self-storage operator in North America. U-Haul benefited in a leveraged manner from the increase in demand for self-moving services during the pandemic. The truck rental business is moderating slightly but remains above pre-pandemic levels. Management continues to expand capacity in the self-storage area and has also a 6.2% increase in capex for self-moving equipment in FY2025.

17 Jun 2024
UHAL: Reports Fiscal 2024 Results: Total revenues declined 4.1%, in line with expectations. Self-Storage delivered double-digit +11.6% top-line growth. Capex investments continue in the truck rental fleet, U-Box and the self-storage businesses.

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UHAL: Reports Fiscal 2024 Results: Total revenues declined 4.1%, in line with expectations. Self-Storage delivered double-digit +11.6% top-line growth. Capex investments continue in the truck rental fleet, U-Box and the self-storage businesses.
- Published:
17 Jun 2024 -
Author:
Steven Ralston -
Pages:
24 -
U-Haul Holding Company is the parent company of U-Haul International, the world's largest consumer truck and trailer rental company. U-Haul is also the third largest self-storage operator in North America. U-Haul benefited in a leveraged manner from the increase in demand for self-moving services during the pandemic. The truck rental business is moderating slightly but remains above pre-pandemic levels. Management continues to expand capacity in the self-storage area and has also a 6.2% increase in capex for self-moving equipment in FY2025.