UHAL U-Haul (UHAL) Q1 FY27 earnings call
U-Haul navigated Q1 FY27 with mixed results, seeing revenue growth in equipment rental and storage, driven by strategic expansion of dealer locations and new storage facilities. However, profitability was impacted by rising operating expenses, particularly freight costs and inflation, alongside a decline in same-store storage occupancy due to a stricter delinquency policy. The company remains focused on customer convenience, digital adoption, and capital returns through an active share repurchase program, while managing fleet depreciation and storage development.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
UHAL operating KPIs by quarter
| KPI | Mar 2026 Q4 FY26 | This call Jun 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|
| Square feet under development | ~5.5MWe have approximately 5.5 million new square feet under development right now across 99 projects and another 6.2 million square feet of potential development behind that in properties that we own, but we haven't started.Source: earnings call transcript | ~5.7MWe currently have approximately 5.7 million new square feet being developed across 106 projects and then another $6.3 million of potential future development behind that in properties that we own but haven't yet started.Source: earnings call transcript | — |
| Projects under development | 99We have approximately 5.5 million new square feet under development right now across 99 projects and another 6.2 million square feet of potential development behind that in properties that we own, but we haven't started.Source: earnings call transcript | 106We currently have approximately 5.7 million new square feet being developed across 106 projects and then another $6.3 million of potential future development behind that in properties that we own but haven't yet started.Source: earnings call transcript | +7.1% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.