U-Haul Holding Co /NV/ (UHAL) closed fiscal year 2026 with a gross margin of 92.7 % and a net margin of 1.4 %.
U-Haul Holding Co /NV/ (UHAL) closed fiscal year 2026 with a gross margin of 92.7 % and a net margin of 1.4 %. The same year shows an EBITDA margin of 26.8 % and an EBIT margin of 7.2 %. The free cash flow margin was -22.5 %. Against the previous year the gross margin moved −0.1 pp and the net margin −4.9 pp. Across the period the gross margin ranges between 82.6 % in 2012 and 93.0 % in 2019. The series covers 17 fiscal years, from 2010 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: March
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 88.75 % | 86.38 % | 82.61 % | 88.75 % | 89.98 % | 90.09 % | 90.46 % | 90.20 % | 90.40 % | 93.04 % | 91.48 % | 91.33 % | 92.24 % | 92.72 % | 92.74 % | 92.85 % | 92.73 % |
| EBITDA margin (%) | 21.14 % | 26.21 % | 25.71 % | 29.69 % | 32.57 % | 33.04 % | 38.35 % | 35.79 % | 36.66 % | 31.89 % | 30.27 % | 35.78 % | 40.82 % | 37.16 % | 31.92 % | 28.96 % | 26.76 % |
| EBIT margin (%) | 9.67 % | 16.78 % | 16.56 % | 19.51 % | 22.23 % | 21.57 % | 26.46 % | 21.72 % | 21.25 % | 16.48 % | 13.57 % | 21.16 % | 28.68 % | 24.65 % | 17.38 % | 12.29 % | 7.17 % |
| Net margin (%) | 3.28 % | 8.15 % | 8.18 % | 10.35 % | 12.08 % | 11.60 % | 14.93 % | 11.64 % | 21.95 % | 9.84 % | 11.11 % | 13.45 % | 19.59 % | 15.76 % | 11.18 % | 6.30 % | 1.38 % |
| FCF margin (%) | 7.14 % | 4.11 % | 3.19 % | 0.22 % | -9.39 % | -9.20 % | -14.16 % | -10.52 % | -11.83 % | -23.73 % | -31.01 % | 2.07 % | -3.32 % | -16.95 % | -27.38 % | -34.28 % | -22.52 % |
