U-Haul Holding (UHAL) Operating Margin (2010 - 2025)
U-Haul Holding's (UHAL) quarterly Operating Margin came in at 2.38% in Q4 2025, down 848.0% year-over-year from 0.32% in Q4 2024, and down 81.2% quarter-over-quarter from 12.65% in Q3 2025.
U-Haul Holding (UHAL) Operating Margin (2010 - 2025) Analysis & Trends
U-Haul Holding has disclosed Operating Margin across 16 years of filings, most recently posting 2.38% for Q4 2025.
- In Q4 2025, Operating Margin fell 848.0% year-over-year to 2.38%; the TTM figure through Dec 2025 stood at 7.77% (down 483.0% YoY), while the FY2025 annual figure was 12.29%, down 509.0% from the prior year.
- Operating Margin came in at 2.38% for Q4 2025 at U-Haul Holding, down from 12.65% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 34.77% in Q3 2021 to a low of 3.81% in Q1 2024.
- Average Operating Margin over 5 years is 17.81%, with a median of 17.0% recorded in 2024.
- Year-over-year, Operating Margin jumped 1795 bps in 2021 and tumbled 1308 bps in 2024.
- Over 5 years, Operating Margin stood at 29.67% in 2021, then retreated by 22 bps to 23.27% in 2022, then plunged by 37 bps to 14.75% in 2023, then fell by 26 bps to 10.86% in 2024, then sank by 78 bps to 2.38% in 2025.
- Per Business Quant data, the three most recent Operating Margin figures were 2.38% in Q4 2025, 12.65% in Q3 2025, and 15.79% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avis Budget | 4.16 Bn | 3.75 Bn | - | - |
| 2 | U-Haul Holding | 1.26 Bn | -2.42 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.38% |
| Sep 30, 2025 | 12.65% |
| Jun 30, 2025 | 15.79% |
| Mar 31, 2025 | -3.47% |
| Dec 31, 2024 | 10.86% |
| Sep 30, 2024 | 18.21% |
| Jun 30, 2024 | 19.78% |
| Mar 31, 2024 | -3.81% |
| Dec 31, 2023 | 14.75% |
| Sep 30, 2023 | 25.60% |
| Jun 30, 2023 | 25.95% |
| Mar 31, 2023 | 9.26% |
| Dec 31, 2022 | 23.27% |
| Sep 30, 2022 | 30.53% |
| Jun 30, 2022 | 31.01% |
| Mar 31, 2022 | 12.97% |
| Dec 31, 2021 | 29.67% |
| Sep 30, 2021 | 34.77% |
| Jun 30, 2021 | 33.55% |
| Mar 31, 2021 | 12.39% |
U-Haul Holding Operating 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=operating-margin&ticker=UHAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=UHAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();