Company profile

Ticker
UHAL
Exchange
Website
CEO
Edward Joe Shoen
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
880106815

UHAL stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

5 Feb 20
24 Feb 20
31 Mar 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 927.88M 1.15B 1.08B 725.53M
Net income 30.93M 156.33M 132.42M 831K
Net profit margin 3.33% 13.59% 12.27% 0.11%
Operating income 80.57M 244.74M 213.87M 27.24M
Net change in cash 106.72M 5.4M -153.87M -310.68M
Cash on hand 631.95M 525.23M 519.83M 673.7M
Cost of revenue 35.32M 43.93M 48.93M 31.71M
Annual (USD) Mar 19 Mar 18 Mar 17 Mar 16
Revenue 3.77B 3.6B 3.42B 3.28B
Net income 370.86M 790.58M 398.42M 489M
Net profit margin 9.84% 21.95% 11.64% 14.93%
Operating income 620.99M 765.25M 743.17M 866.63M
Net change in cash -85.69M 61.58M 97.16M 158.8M
Cash on hand 673.7M 759.39M 697.81M 600.65M
Cost of revenue 162.14M 160.49M 152.49M 144.99M

Financial data from Amerco earnings reports

13F holders
Current Prev Q Change
Total holders 234 216 +8.3%
Opened positions 40 25 +60.0%
Closed positions 22 37 -40.5%
Increased positions 79 78 +1.3%
Reduced positions 71 73 -2.7%
13F shares
Current Prev Q Change
Total value 26.36B 2.85B +826.2%
Total shares 30.89M 7.3M +323.5%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Wealth Quarterback 23.59M $23.59B NEW
Vanguard 783.87K $294.6M +2.3%
BLK BlackRock 654.09K $245.82M +6.2%
Wellington Management 608.53K $228.7M -0.9%
Abrams Capital Management 561.26K $210.93M 0.0%
Dimensional Fund Advisors 467.51K $175.7M -0.5%
PFG Principal Financial 408.42K $153.49M -1.3%
Artisan Partners Limited Partnership 307.35K $115.51M -2.2%
STT State Street 249.63K $93.94M +4.0%
Barrow Hanley Mewhinney & Strauss 198.92K $74.76M -46.4%
Largest transactions
Shares Bought/sold Change
Wealth Quarterback 23.59M +23.59M NEW
Barrow Hanley Mewhinney & Strauss 198.92K -172.46K -46.4%
Indaba Capital Management 0 -62.3K EXIT
Lateef Investment Management 54.69K +54.69K NEW
BLK BlackRock 654.09K +38.36K +6.2%
Lodge Hill Capital 29.9K +29.9K NEW
Ingalls & Snyder 0 -24.41K EXIT
Reinhart Partners 114.77K +17.88K +18.5%
Scout Investments 73.56K +17.54K +31.3%
Vanguard 783.87K +17.29K +2.3%

Financial report summary

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Risks
  • We operate in a highly competitive industry.
  • Economic conditions, including those related to the credit markets, may adversely affect our industry, business and results of operations.
  • Our fleet rotation program can be adversely affected by financial market conditions.
  • We obtain our rental trucks from a limited number of manufacturers.
  • A substantial amount of our shares is owned by a small contingent of stockholders.
  • Our operations subject us to numerous environmental regulations and the possibility that environmental liability in the future could adversely affect our operations.
  • A significant portion of our revenues are generated through third-parties.
  • We face liability risks associated with the operation of our rental fleet, sales of our products and operation of our locations.
  • Terrorist attacks could negatively impact our operations and profitability and may expose us to liability and reputational damage.
  • A.M. Best financial strength ratings are crucial to our life insurance business.
  • We may incur losses due to our reinsurers’ or counterparties’ failure to perform under existing contracts or we may be unable to secure sufficient reinsurance or hedging protection in the future.
Management Discussion
  • Self-moving equipment rental revenues increased $172.4 million during fiscal 2019, compared with fiscal 2018. During fiscal 2019 we expanded the number of Company-owned locations along with independent dealers, and increased the number of trucks, trailers and towing devices in our rental fleet.  In the third and fourth quarters we saw revenue improvements in our corporate account business.  Revenue and transactions for both the One-way and in-town markets improved compared to fiscal 2018.
  • Self-storage revenues increased $43.4 million during fiscal 2019, compared with fiscal 2018.  The average monthly amount of occupied square feet increased by 12.0% during fiscal 2019 compared with the same period last year.  The growth in revenues and square feet rented comes from a combination of improved rates per square foot, occupancy gains at existing locations and from the addition of new facilities to the portfolio. Over the last twelve months, we added approximately 5.3 million net rentable square feet, a 17.0% increase, with approximately 1.5 million of that coming on during the fourth quarter of fiscal 2019.
  • The Company owns and manages self-storage facilities. Self-storage revenues reported in the consolidated financial statements represent Company-owned locations only. Self-storage data for our owned storage locations follows:
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: Dec, freight, narrow, relief, troubled
Removed: began, driven, equivalent, favorable, intended, passage, prevail, ratable, rented, usage, variability, varying