U-Haul Holding (UHAL) Operating Leases (2019 - 2025)

U-Haul Holding recorded quarterly Operating Leases of $41.5 million in Q4 2025, down 2.7% quarter-over-quarter from $42.6 million in Q3 2025, and down 16.31% year-over-year from $49.5 million in Q4 2024.

U-Haul Holding's Operating Leases history runs 7 years deep, the most recent figure standing at $41.5 million for Q4 2025.

  • In Q4 2025, Operating Leases fell 16.31% year-over-year to $41.5 million; the TTM figure through Dec 2025 stood at $41.5 million (down 16.31% YoY), while the FY2025 annual figure was $47.0 million, down 14.64% from the prior year.
  • Operating Leases came in at $41.5 million for Q4 2025 at U-Haul Holding, down from $42.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $92.5 million in Q1 2021 to a low of $41.5 million in Q4 2025.
  • A 5-year average of $62.4 million and a median of $58.6 million in 2023 frame the typical range for Operating Leases.
  • On a YoY basis, Operating Leases climbed as much as 4.83% in 2023 and fell as far as 21.33% in 2023.
  • U-Haul Holding's Operating Leases stood at $79.3 million in 2021, then slipped by 20.08% to $63.4 million in 2022, then dropped by 13.2% to $55.0 million in 2023, then fell by 9.97% to $49.5 million in 2024, then slipped by 16.31% to $41.5 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $41.5 million, $42.6 million, and $44.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn
5 Avis Budget 5.57 Bn 5.16 Bn -
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn

Historic Data

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DateValue
Dec 31, 2025 41.46 Mn
Sep 30, 2025 42.61 Mn
Jun 30, 2025 44.92 Mn
Mar 31, 2025 46.97 Mn
Dec 31, 2024 49.54 Mn
Sep 30, 2024 52.47 Mn
Jun 30, 2024 54.49 Mn
Mar 31, 2024 55.03 Mn
Dec 31, 2023 55.03 Mn
Sep 30, 2023 64.58 Mn
Jun 30, 2023 58.81 Mn
Mar 31, 2023 58.37 Mn
Dec 31, 2022 63.40 Mn
Sep 30, 2022 67.86 Mn
Jun 30, 2022 72.28 Mn
Mar 31, 2022 74.20 Mn
Dec 31, 2021 79.33 Mn
Sep 30, 2021 85.20 Mn
Jun 30, 2021 89.39 Mn
Mar 31, 2021 92.51 Mn
Dec 31, 2020 97.22 Mn
Sep 30, 2020 101.98 Mn
Jun 30, 2020 106.61 Mn
Mar 31, 2020 106.44 Mn
Dec 31, 2019 107.58 Mn
Sep 30, 2019 104.83 Mn
Jun 30, 2019 105.01 Mn