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U-Haul Holding Company (NYSE: UHAL, UHAL.B) generates a steady flow of news through its U-Haul moving and storage operations, insurance subsidiaries and real estate activities. As parent to U-Haul International, Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, it issues updates that touch on transportation, self-storage, insurance and capital markets topics.
News about U-Haul often highlights its role as the No. 1 choice of do-it-yourself movers, its large fleet of trucks, trailers and towing devices, and its extensive network of more than 24,000 rental locations across all 50 states and 10 Canadian provinces. Releases also describe the company’s position as the third largest self-storage operator in North America, with over a million rentable storage units and tens of millions of square feet of storage space at owned and managed facilities.
Investors and observers can expect coverage of quarterly financial results, dividend declarations on the Series N Non-Voting Common Stock (UHAL.B), participation in investor forums, and operating metrics for the moving and storage segment. The company also issues frequent announcements about its U-Haul Growth Index, ranking states, metros and cities by net gains of one-way customers, which it presents as a gauge of migration trends.
Another recurring news theme is U-Haul’s disaster relief efforts, where it offers 30 days of free self-storage and U-Box container usage to communities affected by floods and other natural events. Updates on new repair shops, facility openings or changes, and community programs also appear. This news page brings these developments together so readers can follow how U-Haul Holding Company and its UHAL.B share class are evolving across moving, storage, insurance and real estate activities.
U-Haul Holding Company (NYSE: UHAL, UHAL.B) reported fiscal 2024 net earnings of $628.7 million, down from $924.5 million last year. The company faced a net loss of $0.9 million in Q4 2024 compared to net earnings of $37.4 million in Q4 2023.
Self-moving equipment rental revenues decreased by $10 million in Q4 and $253.2 million for the full year. Self-storage revenues increased by $17.5 million in Q4 and $86.6 million for the full year. Occupied units rose by 6% in Q4, despite a 1.4% drop in occupancy rates. Depreciation costs increased by $11.6 million for rental equipment and $12.3 million for buildings in Q4. Net gains from rental equipment sales decreased by $32 million in Q4.
Maintenance costs decreased by $11 million in Q4 but rose by $33 million for the year. Operating costs rose by $21.3 million in Q4 and $66.7 million annually, influenced by personnel costs. Capital expenditures were $1,619 million for fiscal 2024, with a projected increase for 2025. Real estate spending decreased by $83 million. Cash and credit availability fell from $2,499.2 million to $1,886.3 million. A $0.05 dividend per share of Non-Voting Common Stock was declared on March 6, 2024.
U-Haul Holding Company (NYSE: UHAL, UHAL.B) announced it will release its fourth-quarter fiscal year 2024 financial results on May 29, 2024, after market close. The company will also hold an investor conference call and webcast on May 30, 2024, at 8 a.m. Arizona Time (11 a.m. ET). The event will cover detailed financial performance and outlook. Investors can listen to the webcast online.
U-Haul Holding Company (NYSE: UHAL, UHAL.B) announced it will release its fourth-quarter fiscal year 2024 financial results on May 29, 2024, after market close. The company will also hold an investor conference call and webcast on May 30, 2024, at 8 a.m. Arizona Time (11 a.m. ET). The event will cover detailed financial performance and outlook. Investors can listen to the webcast online.
U-Haul Holding Company (NYSE: UHAL) will participate in the 2024 BMO Real Estate Conference in New York City. The parent company of U-Haul International, Inc., North America's largest 'do-it-yourself' moving and self-storage company, will have meetings with institutional investors.
U-Haul Holding Company (NYSE: UHAL) will participate in the 2024 BMO Real Estate Conference in New York City. The parent company of U-Haul International, Inc., North America's largest 'do-it-yourself' moving and self-storage company, will have meetings with institutional investors.
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