U-Haul Holding (UHAL-B) Operating Expenses (2010 - 2025)
U-Haul Holding's Operating Expenses was $1.38 billion in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 11.6% from $1.24 billion a year earlier but down 8.0% from the prior quarter.
U-Haul Holding (UHAL-B) Operating Expenses (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, U-Haul Holding's Operating Expenses was $5.53 billion through Dec 31, 2025, up 11.2% year-over-year; for FY2025 (ended Mar 31, 2025), it was $5.11 billion, up 10.0% from FY2024.
- Operating Expenses has now increased for nine consecutive fiscal years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- In earlier fiscal years, Operating Expenses was $4.65 billion in FY2024 (+5.2%), $4.42 billion in FY2023 (+7.9%), $4.09 billion in FY2022 (+14.3%) and $3.58 billion in FY2021 (+4.1%).
- Quarterly Operating Expenses has moved between $928.53 million (fiscal Q4 2021) and $1.5 billion (fiscal Q2 2026) over five years.
- Compared with a year earlier, Operating Expenses has increased for 22 straight quarters, with growth averaging 9.8% over the last eight quarters.
- The year-over-year growth in Operating Expenses has ranged between 3.5% (fiscal Q1 2024) and 17.5% (fiscal Q1 2022) over the last five years.
- Per Business Quant data, UHAL-B's Operating Expenses in the three fiscal quarters before Q3 2026 was $1.5 billion (Q2 2026), $1.37 billion (Q1 2026) and $1.28 billion (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.38 Bn |
| Sep 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.24 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.23 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | 1.08 Bn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 1.18 Bn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.04 Bn |
| Dec 31, 2021 | 987.61 Mn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 978.65 Mn |
| Mar 31, 2021 | 928.53 Mn |
U-Haul Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UHAL-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UHAL-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UHAL-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();