Filing Flows › U-Haul Holding (UHAL) › Guidance & outlook
U-Haul Holding (UHAL) guidance and outlook
U-Haul Holding's 10-Q filed Nov 4, 2026 makes 15 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 4, 2026
- We then discuss our critical accounting estimates that we believe are important to understanding the assumptions and judgments incorporated in our reported financial results.
- We conclude this MD&A by discussing our current outlook for the remainder of fiscal 2027.
- We believe our current capital structure is a positive factor that will enable us to pursue our operational plans and goals and provide us with sufficient liquidity.
- U-Haul estimates that during fiscal 2027, the Company will reinvest in its rental equipment fleet approximately $855.0 million, net of equipment sales and excluding any lease buyouts.
- Fleet investments in fiscal 2027 and beyond will be dependent upon several factors including the availability of capital, the truck rental environment, the availability of equipment from our original equipment manufacturers and the used-truck sales market.
- We anticipate that the fiscal 2027 investments will be funded largely through debt financing, external lease financing and cash from operations.
- We believe that stockholders’ equity at Property and Casualty Insurance remains sufficient, and we do not believe that its ability to pay ordinary dividends to U-Haul Holding Company will be restricted by state regulations.
- We continue to hold significant cash and have access to existing credit facilities and additional liquidity to meet our anticipated capital expenditure requirements for investment in our rental fleet, rental equipment and storage acquisitions and build outs.
- Management believes it has adequate liquidity between cash and cash equivalents and unused borrowing capacity in existing credit facilities to meet the current and expected needs of the Company over the next several years.
- We will continue to focus our attention on increasing transaction volume and improving pricing, product and utilization for self-moving equipment rentals.
- Maintaining an adequate level of new investment in our truck fleet is an important component of our plan to meet our operational goals and is likely to remain stable in fiscal 2027.
- If we cannot acquire enough new rental equipment to properly rotate our fleet, repair and maintenance costs will continue to increase.
U-Haul Holding's latest quarter
U-Haul Holding, Q2 FY27: revenue $1.8B (+3% year over year), operating margin 15.0%, net earnings $137M, operating cash flow $379M. The chart follows the revenue to costs, profit and cash.
Questions
What does U-Haul Holding expect?
We then discuss our critical accounting estimates that we believe are important to understanding the assumptions and judgments incorporated in our reported financial results. We conclude this MD&A by discussing our current outlook for the remainder of fiscal 2027. We believe our current capital structure is a positive factor that will enable us to pursue our operational plans and goals and provide us with sufficient liquidity.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.