Upside case
Bull case
$89+43.0%
UHAL would need investors to value it at roughly 266x earnings — about 80x more generous than today's 186x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
U-Haul Holding Company (UHAL) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
2
analysts
2 bullish · 0 bearish · 2 covering UHAL
Strong Buy
0
Buy
2
Hold
0
Sell
0
Strong Sell
0
Consensus Target
$80
+28.6% vs today
Scenario Range
$43 – $89
Model bear to bull value window
Coverage
2
Published analyst ratings
Valuation Context
185.8x
Forward P/E · Market cap $11.8B
UHAL price targets
Three scenarios for where UHAL stock could go
Current
~$62
Confidence
33 / 100
Updated
Jun 18, 2026
Where we are now
Current · $62
Bear
$43
Base
$68
Bull
$89
Market caseClosest to today
Base case
$68+8.6%
This is close to how the market is already pricing UHAL — at roughly 202x forward earnings. No dramatic re-rating needed, just steady execution on the core business.
Stress case
Bear case
$43-31.6%
If investor confidence fades or macro conditions deteriorate, a 59x multiple contraction could push UHAL down roughly 32% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
U-Haul Holding Company
UHAL · NYSEIndustrialsRental & Leasing ServicesMarch year-end
U-Haul is a do-it-yourself moving and storage company that rents trucks, trailers, and self-storage units primarily to household movers across North America. It generates revenue from truck and trailer rentals (its core business), self-storage operations, and sales of moving supplies and accessories — with additional income from its online marketplace connecting customers to independent service providers. The company's key advantage is its massive, integrated network of company-owned and independent dealer locations — over 23,000 points of presence — which creates significant scale and convenience barriers for competitors.
Market Cap
$11.8B
Revenue TTM
$6.0B
Net Income TTM
$57M
Net Margin
0.9%
UHAL Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
8%Exceptional
12 quarters tracked
Revenue Beat Rate
50%Exceptional
vs consensus estimates
Avg EPS Surprise
-37.5%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 1 of 4Q3 2025
EPS
$0.68/$0.70
Revenue
$1.6B/$1.6B
Q4 2025
EPS
$0.49/$0.87
Revenue
$1.7B/$1.7B
Q1 2026
EPS
$-0.23/$-0.24
Revenue
$1.4B/$1.4B
Q2 2026
EPS
$-0.70/$-0.68
Revenue
$1.3B/$1.3B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.68/$0.70 | -2.9% | $1.6B/$1.6B | +1.0% |
| Q4 2025 | $0.49/$0.87 | -43.5% | $1.7B/$1.7B | -0.5% |
| Q1 2026 | $-0.23/$-0.24 | +4.2% | $1.4B/$1.4B | -1.0% |
| Q2 2026 | $-0.70/$-0.68 | -2.9% | $1.3B/$1.3B | -2.8% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$6.3B
+3.5% YoY
FY2
$6.5B
+3.4% YoY
EPS Outlook
FY1
$0.95
+228.8% YoY
FY2
$1.50
+58.0% YoY
Trailing FCF (TTM)-$120M
FCF Margin: -2.0%
Next Earnings
August 5, 2026
Expected EPS
$0.60
Expected Revenue
$1.7B
UHAL beat EPS estimates in 1 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
UHAL Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2026
Total disclosed revenue $6.0B
Product Mix
Latest annual revenue by segment or product family
Moving and Storage Consolidations
94.0%
+3.5% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
United States
94.7%
+3.4% YoY
Tap, hover, or focus a slice to inspect segment detail.
Moving and Storage Consolidations is the largest disclosed segment at 94.0% of FY 2026 revenue, up 3.5% YoY.
United States is the largest reported region at 94.7%, up 3.4% YoY.
UHAL Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Expensive versus peers
Fair value est. $41 — implies -34.2% from today's price.
Premium to Fair Value
34.2%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
UHAL
259.3x
vs
S&P 500
24.4x
+961% premium
vs Industrials Trailing P/E
UHAL
259.3x
vs
Industrials
25.6x
+914% premium
vs UHAL 5Y Avg P/E
Today
259.3x
vs
5Y Average
54.8x
+373% premium
Forward PE
185.8x
S&P 500
18.8x
+887%
Industrials
21.2x
+777%
5Y Avg
—
—
Trailing PE
259.3x
S&P 500
24.4x
+961%
Industrials
25.6x
+914%
5Y Avg
54.8x
+373%
PEG Ratio
—
S&P 500
1.66x
—
Industrials
1.65x
—
5Y Avg
—
—
EV/EBITDA
10.8x
S&P 500
15.2x
-29%
Industrials
13.9x
-22%
5Y Avg
9.1x
+19%
Price/FCF
—
S&P 500
20.7x
—
Industrials
20.0x
—
5Y Avg
—
—
Price/Sales
2.0x
S&P 500
3.1x
-37%
Industrials
1.6x
+25%
5Y Avg
2.0x
-3%
Dividend Yield
0.29%
S&P 500
1.91%
-85%
Industrials
1.21%
-76%
5Y Avg
0.29%
+1%
| Metric | UHAL | S&P 500 | Industrials | 5Y Avg UHAL |
|---|---|---|---|---|
| Forward PE | 185.8x | 18.8x+887% | 21.2x+777% | — |
| Trailing PE | 259.3x | 24.4x+961% | 25.6x+914% | 54.8x+373% |
| PEG Ratio | — | 1.66x | 1.65x | — |
| EV/EBITDA | 10.8x | 15.2x-29% | 13.9x-22% | 9.1x+19% |
| Price/FCF | — | 20.7x | 20.0x | — |
| Price/Sales | 2.0x | 3.1x-37% | 1.6x+25% | 2.0x |
| Dividend Yield | 0.29% | 1.91% | 1.21% | 0.29% |
UHAL trades above S&P 500 benchmarks on 2 of 4 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolUHAL Financial Health
Verdict
Adequate
Key financial metrics for UHAL are shown below.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$6.0B
Revenue Growth
TTM vs prior year
+3.6%
Gross Margin
Gross profit as a share of revenue
28.2%
Operating Margin
Operating income divided by revenue
7.4%
Net Margin
Net income divided by revenue
0.9%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$0.29
Free Cash Flow (TTM)
Cash generation after capex
-$120M
FCF Margin
FCF as share of revenue — the primary cash quality signal
-2.0%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
2.4%
ROA
Return on assets, trailing twelve months
0.3%
Cash & Equivalents
Liquid assets on the balance sheet
$1.1B
Net Debt
Total debt minus cash
$7.0B
Debt Serviceability
Net debt as a multiple of annual free cash flow
—
ROE
Return on equity, trailing twelve months
0.7%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
0.3%
Dividend
0.3%
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
$0.18
Payout Ratio
Share of earnings distributed as dividends
42.5%
Shares Outstanding
Current diluted share count
190M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageUHAL Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Earnings Decline
Net income fell sharply to $83.1 million from $367.1 million year-over-year, indicating significant profitability challenges.
High Risk
Quarterly Loss
Reported a loss per share of $0.70, missing analyst expectations and reflecting operational difficulties.
Medium
Dividend Pressure
Declared a $0.05 per-share dividend despite earnings decline, potentially straining cash flows.
Medium
Revenue vs. Profit Mismatch
Higher sales and revenue contrasted with larger net losses, suggesting margin compression or cost inefficiencies.
Lower
Conference Participation
Participation in investor conferences may indicate efforts to address concerns, but impact remains uncertain.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why UHAL Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Strong earnings performance
U-Haul Holding Company reported net earnings of $83.1 million for the year ended March 31, 2026, demonstrating financial resilience.
Market value growth
The aggregate market value of U-Haul Holding Company common stock held by non-affiliates was over $5 billion, indicating strong investor confidence.
Industry conference participation
U-Haul Holding Company's participation in the Bank of America Self-Storage Virtual Conference highlights its active engagement in industry growth opportunities.
Bullish investor sentiment
A bullish thesis on U-Haul Holding Company from Valueinvestorsclub.com suggests positive outlook from value investors.
Diverse business portfolio
U-Haul Holding Company's ownership of U-Haul International, Oxford Life Insurance, Repwest Insurance, and Amerco Real Estate provides diversified revenue streams.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
UHAL Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$62.23
52W Range Position
90%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$41.95
+48.4% from the low
52-Week High
$64.38
-3.3% from the high
1 Month
+26.23%
3 Month
+41.66%
YTD
+23.1%
1 Year
+0.1%
3Y CAGR
+5.6%
5Y CAGR
+3.4%
10Y CAGR
+5.4%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
UHAL vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
185.8x
vs 28.0x median
+564% above peer median
Revenue Growth
+3.5%
vs +7.8% median
-55% below peer median
Net Margin
0.9%
vs 21.3% median
-96% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
UHA UHAL U-Haul Holding Company | $11.8B | 185.8x | +3.5% | 0.9% | Buy | +28.6% |
RCM RCMT RCM Technologies, Inc. | $187M | 11.4x | +7.2% | 5.0% | Buy | — |
REX REXR Rexford Industrial Realty, Inc. | $7.9B | 26.5x | +7.8% | 21.3% | Hold | +11.7% |
NSA NSA National Storage Affiliates Trust | $3.4B | 73.3x | +8.5% | 11.9% | Hold | -18.6% |
CUB CUBE CubeSmart | $9.3B | 28.0x | +7.0% | 28.9% | Hold | +1.7% |
EXR EXR Extra Space Storage Inc. | $30.7B | 31.3x | +8.9% | 28.8% | Hold | +5.3% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
UHAL Dividend and Capital Return
UHAL returns 0.3% total yield, led by a 0.29% dividend.
Dividend SustainableFCF Unknown
Total Shareholder Yield
0.3%
Dividend + buyback return per year
Buyback Yield
0.0%
Dividend Yield
0.29%
Payout Ratio
42.5%
How UHAL Splits Its Return
Div 0.29%
Dividend 0.29%Buybacks 0.0%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.18
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
-20.6%
5Y Div CAGR
-12.9%
Ex-Dividend Date
—
Payment Cadence
Semi-Annual
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$0
Estimated Shares Retired
0
Approx. Share Reduction
0.0%
Shares Outstanding
Current diluted share count from the screening snapshot
190M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2022 | $0.09 | -33.3% | 0.0% | 0.3% |
| 2021 | $0.13 | -93.6% | 0.0% | 0.4% |
| 2020 | $2.04 | +1457.1% | 0.0% | 0.5% |
| 2019 | $0.13 | -25.0% | 0.0% | 0.5% |
| 2018 | $0.18 | -20.0% | 0.0% | 0.4% |
FAQ
7 questionsUHAL Investor Questions
Common questions answered from live analyst data and company financials.
01Is U-Haul Holding Company (UHAL) stock a buy or sell in 2026?
U-Haul Holding Company (UHAL) is rated Buy by Wall Street analysts as of 2026. Of 2 analysts covering the stock, 2 rate it Buy or Strong Buy, 0 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $80, implying +28.6% from the current price of $62. The bear case scenario is $43 and the bull case is $89.
02What is the UHAL stock price target for 2026?
The Wall Street consensus price target for UHAL is $80 based on 2 analyst estimates. The high-end target is $80 (+28.6% from today), and the low-end target is $80 (+28.6%). The base case model target is $68.
03Is U-Haul Holding Company (UHAL) stock overvalued in 2026?
UHAL trades at 185.8x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals expensive versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for U-Haul Holding Company (UHAL) stock in 2026?
The primary risks for UHAL in 2026 are: (1) Earnings Decline — Net income fell sharply to $83. (2) Quarterly Loss — Reported a loss per share of $0. (3) Dividend Pressure — Declared a $0. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is U-Haul Holding Company's revenue and earnings forecast?
Analyst consensus estimates UHAL will report consensus revenue of $6.3B (+3.5% year-over-year) and EPS of $0.95 (+228.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $6.5B in revenue.
06When does U-Haul Holding Company (UHAL) report its next earnings?
U-Haul Holding Company is expected to report its next earnings on approximately 2026-08-05. Consensus expects EPS of $0.60 and revenue of $1.7B. Over recent quarters, UHAL has beaten EPS estimates 8% of the time.
07How much free cash flow does U-Haul Holding Company generate?
U-Haul Holding Company (UHAL) had a free cash outflow of $120M in free cash flow over the trailing twelve months — a free cash flow margin of 2.0%. UHAL returns capital to shareholders through dividends (0.3% yield) and share repurchases ($0 TTM).