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U-Haul Holding UHAL Life Insurance — Direct Premiums Earned

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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:DirectPremiumsEarned.

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
Year ended March 31, 2026Direct Amount (a)Ceded to Other CompaniesAssumedfrom Other CompaniesNet Amount (a)Percentageof Amount Assumed to Net
Accident and health23,3082511,96035,24334%
Annuity629530198%
Property and casualty105,119105,119
Total$$170,841$27$15,282186,096
Year ended March 31, 2025
Life insurance in force$$857,756$47$246,5521,104,26122%
Premiums earned:
Life$$46,038$4,51950,5579%

Item 16. Form 10-K Summary

FAQ

What is U-Haul Holding's life insurance — direct premiums earned?
U-Haul Holding (UHAL) reported life insurance — direct premiums earned of $10.6M in Q1 2026.
How has U-Haul Holding's life insurance — direct premiums earned changed year-over-year?
U-Haul Holding's life insurance — direct premiums earned decreased by 7.9% year-over-year, from $11.51M to $10.6M.
What is the long-term trend for U-Haul Holding's life insurance — direct premiums earned?
Over 4 years (2021 to 2025), U-Haul Holding's life insurance — direct premiums earned has grown at a -6.9% compound annual growth rate (CAGR), from $56.35M to $42.41M.
What does life insurance — direct premiums earned mean?
This represents the total premiums earned by the segment from direct insurance policies issued to customers, excluding any reinsurance activity. It is the primary revenue stream for the segment's core insurance operations.

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