U-Haul Holding (UHAL) Operating Expenses (2010 - 2025)

U-Haul Holding has reported Operating Expenses for 16 years, with the latest figure at $1.4 billion in Q4 2025.

• Quarterly Operating Expenses rose 11.64% year-over-year to $1.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.5 billion (up 36.41% YoY) and the FY2025 annual result came in at $5.1 billion, up 10.0% from the prior year.
• Operating Expenses declined to $1.4 billion in Q4 2025 per UHAL's latest filing, from $1.5 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.5 billion in Q3 2025 and troughed at -$1.6 billion in Q1 2021.
• A 5-year average of $909.6 million and a median of $1.0 billion in 2022 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses sank 187.83% in 2021, then surged 165.13% in 2022.
• Over 5 years, Operating Expenses stood at $658.1 million in 2021, then jumped by 60.36% to $1.1 billion in 2022, then advanced by 8.21% to $1.1 billion in 2023, then increased by 8.4% to $1.2 billion in 2024, then advanced by 11.64% to $1.4 billion in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.5 billion, and $1.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.