U-Haul Holding (UHAL) Net Margin (2010 - 2025)
U-Haul Holding's Net Margin was 2.61% in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 2.23 percentage points from 4.84% a year earlier and down 3.53 percentage points from the prior quarter.
U-Haul Holding (UHAL) Net Margin (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, U-Haul Holding's Net Margin was 3.38% through Dec 31, 2025, down 4.50 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at 6.30%, down 4.88 percentage points from FY2024.
- Net Margin has now declined for three consecutive fiscal years, with a five-year change of -4.81 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Net Margin was 11.18% in FY2024 (-4.59 pp), 15.76% in FY2023 (-3.83 pp), 19.59% in FY2022 (+6.14 pp) and 13.45% in FY2021 (+2.34 pp).
- Quarterly Net Margin has moved between -6.67% (fiscal Q4 2025) and 24.63% (fiscal Q2 2022) over five years.
- Compared with a year earlier, Net Margin has declined for 15 straight quarters, with an average year-over-year change of -4.13 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q1 2022 (a gain of 14.55 percentage points); the worst was fiscal Q4 2021 (a drop of 7.93 percentage points).
- Per Business Quant data, UHAL's Net Margin in the three fiscal quarters before Q3 2026 was 6.14% (Q2 2026), 8.73% (Q1 2026) and -6.67% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 101.75 Bn | 99.80 Bn | 1.55 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 77.70 Bn | 74.15 Bn | 3.08 Bn | 14.43% |
| 3 | Royal Caribbean Cruises | 75.15 Bn | 72.50 Bn | 2.29 Bn | 23.34% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 26.82% |
| 5 | Carnival | 36.04 Bn | 29.23 Bn | - | 22.76% |
| 6 | Trip.com | 26.26 Bn | -18.74 Bn | 1.84 Bn | -15.57% |
| 7 | Intercontinental Hotels | 25.68 Bn | 21.65 Bn | - | - |
| 8 | Hyatt Hotels | 15.92 Bn | 13.08 Bn | 388.00 Mn | 6.01% |
| 9 | H World | 14.08 Bn | 5.49 Bn | 453.94 Mn | 22.06% |
| 10 | U-Haul Holding | 1.12 Bn | -3.19 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.61% |
| Sep 30, 2025 | 6.14% |
| Jun 30, 2025 | 8.73% |
| Mar 31, 2025 | -6.67% |
| Dec 31, 2024 | 4.84% |
| Sep 30, 2024 | 11.27% |
| Jun 30, 2024 | 12.62% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | 7.41% |
| Sep 30, 2023 | 16.58% |
| Jun 30, 2023 | 16.67% |
| Mar 31, 2023 | 3.15% |
| Dec 31, 2022 | 14.46% |
| Sep 30, 2022 | 20.55% |
| Jun 30, 2022 | 21.18% |
| Mar 31, 2022 | 7.33% |
| Dec 31, 2021 | 20.04% |
| Sep 30, 2021 | 24.63% |
| Jun 30, 2021 | 23.44% |
| Mar 31, 2021 | 6.96% |
U-Haul Holding Net Margin 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=net-margin&ticker=UHAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "UHAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=UHAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();