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 from a step up in top-line demand for self-moving services during the pandemic, namely in FY2021 & FY2022. Thereafter, demand growth subsided, though it remained above the pre-pandemic growth trend. Management continues to expand capacity in the self-storage area and the U-Box platform. The rental vehicle rotation program is closer to becoming normalized in terms of availability and pricing.
