U-Haul Holding (UHAL) Operating Leases (2019 - 2026)

U-Haul Holding (UHAL) posted Operating Leases of $41.5 million for Q4 2025, down 2.7% sequentially from $42.6 million in Q3 2025, and down 16.31% YoY from $49.5 million in Q4 2024.

U-Haul Holding (UHAL) Operating Leases (2019 - 2026) Analysis & Trends

U-Haul Holding has reported Operating Leases for 7 years, with the latest figure at $41.5 million in Q4 2025.

  • Quarterly Operating Leases fell 16.31% year-over-year to $41.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $41.5 million (down 16.31% YoY) and the FY2025 annual result came in at $47.0 million, down 14.64% from the prior year.
  • Operating Leases declined to $41.5 million in Q4 2025 per UHAL's latest filing, from $42.6 million in the prior quarter.
  • Over five years, Operating Leases peaked at $92.5 million in Q1 2021 and troughed at $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.
  • The widest YoY moves for Operating Leases: up 4.83% in 2023, down 21.33% in 2023.
  • Over 5 years, Operating Leases stood at $79.3 million in 2021, then dropped by 20.08% to $63.4 million in 2022, then declined by 13.2% to $55.0 million in 2023, then retreated by 9.97% to $49.5 million in 2024, then dropped 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 Sunbelt Rentals Holdings 33.88 Bn 33.86 Bn 978.00 Mn
2 AerCap Holdings 23.41 Bn 23.41 Bn 2.02 Bn
3 U-Haul Holding 14.40 Bn 14.40 Bn -
4 Ryder System 10.03 Bn 10.03 Bn 1.45 Bn
5 Gatx 6.36 Bn 6.36 Bn 555.30 Mn
6 Herc Holdings 5.74 Bn 5.70 Bn 713.00 Mn
7 Avis Budget 4.97 Bn 4.41 Bn -
8 WillScot Holdings 4.17 Bn 4.15 Bn 306.26 Mn
9 Mcgrath Rentcorp 2.96 Bn 2.96 Bn 107.91 Mn
10 Custom Truck One Source 2.43 Bn 2.42 Bn 123.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.96 Mn
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