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U-Haul Holding UHAL Amerco Uhaul Intl — Property Management Fee Percent Fee

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BHRManagement fees — Management Fee Expense, Adjusted
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KKRManagement Fees — Fee Related Revenue
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Other financials

Income statement

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Revenue$1.7B+3.2%
Gross profit$1.4B+3.5%
Operating income$250.6M-2.6%
Net income$122.9M-13.6%
EPS (diluted)$0.11-76.7%

Balance sheet

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Cash & equivalents$1.1B+25.1%
Total debt$8.1B+11.7%
Total equity$7.7B0.0%
Total assets$21.7B+3.9%

Cash flow

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Operating cash flow$630.3M+5.3%
CapEx$822.4M-10.3%
Free cash flow-$192.1M+39.6%

Valuation

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Market cap$14.48B+30.2%
Enterprise value$21.53B+22.8%
P/E35.5×
P/S2.4×+0.5×

Profitability

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Gross margin95.9%-0.1pp
Operating margin8.5%-4.9pp
Net margin7.9%-3.8pp
FCF margin-20.3%-5.1pp

Returns & leverage

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Return on equity6.1%-3.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by U-Haul Holding in its filing.

Tagged under the XBRL concept us-gaap:PropertyManagementFeePercentFee.

The source filing: U-Haul Holding’s 10-K, filed May 27, 2026.

Filed
May 27, 2026, 4:03 PM EDT
Fiscal year
FY2025
Accession
0001193125-26-241850

We currently manage the self-storage properties owned or leased by Blackwater and Mercury Partners, L.P. (“Mercury”), pursuant to a standard form of management agreement, under which we receive a management fee of between 4% and 10% of the gross receipts plus reimbursement for certain expenses. We received management fees, exclusive of reimbursed expenses, of $36.9 million, $37.1 million and $37.2 million from the above-mentioned entities during fiscal 2026, 2025 and 2024, respectively. This management fee is consistent with the fee received for other properties we previously managed for third parties. Mark V. Shoen controls the general partner of Mercury. The limited partner interests of Mercury are owned indirectly by James P. Shoen and various trusts benefiting Edward J. Shoen and James P. Shoen or their descendants.

Item 16. Form 10-K Summary

FAQ

What is U-Haul Holding's amerco uhaul intl — property management fee percent fee?
U-Haul Holding (UHAL) reported amerco uhaul intl — property management fee percent fee of 2.5% in Q1 2026.
How has U-Haul Holding's amerco uhaul intl — property management fee percent fee changed year-over-year?
U-Haul Holding's amerco uhaul intl — property management fee percent fee decreased by 0.0% year-over-year, from 2.5% to 2.5%.
What is the long-term trend for U-Haul Holding's amerco uhaul intl — property management fee percent fee?
Over 2 years (2023 to 2025), U-Haul Holding's amerco uhaul intl — property management fee percent fee has grown at a 0.0% compound annual growth rate (CAGR), from 10% to 10%.
What does amerco uhaul intl — property management fee percent fee mean?
This represents the percentage-based fee charged by the segment for managing third-party or affiliated self-storage properties. It reflects the revenue model for the company's property management services division.

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