ValueScreener company report

U-Haul Holding Company (UHAL)

Name: U-Haul Holding Company (UHAL) filed financial figures
Creator: ValueScreener

NYSE / Industrials / Rental & Leasing Services

Share price

57.45 USD Market dataClose of Oct 15, 2026

Market capitalisation

9.97B USD Market dataClose of Oct 15, 2026

Market data: Oct 15, 2026
Filed accounts: FY2026, filed May 27, 2026
Ratios computed: Oct 15, 2026
Filed years: 14, FY2011 to FY2026

Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means

SEC filingFiled with the SEC: Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement: What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data: Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener: Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.

Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Quality

Return on equity

1.1% Computed

From the FY2026 filing

Read quality

Financial strength

Debt to equity

n/a Computed

From the FY2026 filing

Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

Read financial strength

Valuation

Price to earnings

135.51x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

-12.1% Computed

FY2026 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.

Named tests met: 0 of 30 Which tests

The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 135.51x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits above the highest.

Today, against the Industrials sector (412 companies), 135.51x sits at the 95th percentile; the middle half of that group runs from 15.04x to 38.40x.

Is it good

Return on equity was 1.1% in FY2026, in the band labelled "Likely below the cost of equity" (below 8.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on shareholders' money below the usual cost of equity.

Today, against the Industrials sector (643 companies), 1.1% sits at the 40th percentile; the middle half of that group runs from -15.6% to 15.8%.

Is it safe

Interest coverage was 1.19x in FY2026, in the band labelled "Distress territory" (below 1.50x), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit barely covers.

Year by year against peers: Whether U-Haul Holding Company's return on equity stayed above the median of the Industrials sector, year by year. (FY2024 to FY2026, 3 fiscal years of U-Haul Holding Company with a comparable figure)
The direction: Which way U-Haul Holding Company's return on equity has moved, and how steadily. (FY2017 to FY2026, 10 filed years of U-Haul Holding Company)
What could explain it: What in U-Haul Holding Company's filed statements could explain the movements. (7 readings drawn from the statement lines U-Haul Holding Company filed)
What to check next: What to check next on U-Haul Holding Company, and where in its filings. (8 questions for U-Haul Holding Company)
In one paragraph: One paragraph on U-Haul Holding Company's returns, cash, balance sheet and price. (10 of sixteen figures read for U-Haul Holding Company)

These are UHAL’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research UHALPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed May 27, 2026, accession 0001193125-26-241850.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

U-Haul Holding Company: returns on capital and margins, each with its source
Figure	Value, source and document
Return on invested capital, after tax Why n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Return on equity	1.1% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Return on capital employed, pre-tax Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Return on assets	0.4% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Gross margin	95.9% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Operating margin	7.2% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Net margin	1.4% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850

UHAL 1.4%

-7.6%19.1%

Net margin: UHAL against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

U-Haul Holding Company: leverage, liquidity and distress, each with its source
Figure	Value, source and document
Debt to equity Why n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Current ratio Why n/a Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Quick ratio Why n/a Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Interest coverage	1.19x ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Altman Z-score Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Net debt Why n/a The FY2026 balance sheet carries no net debt we could read.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850

Total assets Total liabilities Shareholders’ equity

The balance sheet, line by line

Financial health

What U-Haul Holding Company owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed May 27, 2026, 0001193125-26-241850).

U-Haul Holding Company: balance sheet position
Total assets	21.50B FiledFY2026 10-K, filed May 27, 2026
Total liabilities	13.89B FiledFY2026 10-K, filed May 27, 2026
Shareholders' equity	7.61B FiledFY2026 10-K, filed May 27, 2026
Cash	1.12B FiledFY2026 10-K, filed May 27, 2026
Total debt	n/a FiledFY2026 10-K, filed May 27, 2026
Net debt	n/a
Current ratio	n/a
Debt to equity	n/a

Debt to equity: FY2026: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Current ratio: FY2026: Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

U-Haul Holding Company: what the market charges, each with its source
Figure	Value, source and document
Price to earnings	135.51x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
P/E on trailing twelve months	7.65x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book	1.48x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Price to sales	1.87x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Enterprise value to EBIT Why n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.	n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Enterprise value to EBITDA Why n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.	n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Price to earnings over growth Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Diluted earnings per share Why n/a The FY2026 filing carries no diluted earnings per share we could read.	n/a FiledFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Graham number Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850

We publish no fair value or price target of our own. Value UHAL on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for U-Haul Holding Company today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

U-Haul Holding Company: valuation
Share price	57.45 USD
Market capitalisation	9.97B USD
Enterprise value to EBITDA	n/a
Graham number	n/a
Diluted earnings per share, FY2024	n/a

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Oct 3, 2016: low 5.74x, median 21.25x, high 48.92x, latest 7.65x. 2,520 trading days with a meaningful ratio. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like U-Haul Holding Company

Same industry (Rental & Leasing Services) and size band (Mid, 2B to 10B), nearest in market value and net margin. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

U-Haul Holding Company: cash generation and what is paid out, each with its source
Figure	Value, source and document
Free cash flow yield	-12.1% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Free cash flow	-1.36B USD ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Free cash flow margin	-22.5% ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Dividend yield Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Payout ratio Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850

Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

U-Haul Holding Company: the eight ratios, with the fiscal year and filing date behind each.
Figure	Value	Year	As of
	135.51x	FY2026	Oct 15, 2026
FormulaShare price / earnings per share. Where the filing states no earnings per share this listing can be priced on, which is every 20-F and 40-F filer because theirs is stated per ordinary share, it is market capitalisation / net income: the same multiple, undiluted. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	1.48x	FY2026	Oct 15, 2026
FormulaMarket capitalisation / shareholders equity As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	Oct 15, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Formula(Market capitalisation + total debt - cash) / operating income, or over the filing's own EBIT (income before tax + interest expense) where the filer tags no operating line, as Johnson & Johnson does not in any of its ten filed years. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	-12.1%	FY2026	Oct 15, 2026
FormulaFree cash flow per share / share price x 100 As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	May 27, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
FormulaVendor trailing-twelve-month return on invested capital where one is published, which uses after-tax operating profit over total assets less current liabilities. Otherwise our own recompute: NOPAT / (shareholders equity + total debt - cash) x 100, where NOPAT is the filed operating profit after tax, or the filing's own EBIT after tax where the filer tags no operating line. As ofThe filing date of the statements below, for FY2026. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	Oct 15, 2026
n/a The filed cash flow statement reports no dividend paid at all. That is not the same as a filed zero, and we will not read it as one.
FormulaCommon dividends paid in the latest filed year / market capitalisation x 100. n/a where the filing cannot support it: a special or first-year payment, a total that mixes preferred dividends, or a cash-flow statement over 15 months old. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	May 27, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
FormulaTotal debt / shareholders equity As ofThe filing date of the statements below, for FY2026. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	May 27, 2026
n/a Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.
FormulaCurrent assets / current liabilities As ofThe filing date of the statements below, for FY2026. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	1.87x	FY2026	Oct 15, 2026
FormulaMarket capitalisation / revenue As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	Oct 15, 2026
n/a The filed income statement reports no earnings per share.
FormulaPrice to earnings / the annual earnings growth rate, in percentage points As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	n/a	FY2026	Oct 15, 2026
n/a We hold no figure here and no stored reason for its absence. The gap is ours, not the company's.
Formula1.2 x working capital/assets + 1.4 x retained earnings/assets + 3.3 x EBIT/assets + 0.6 x market value of equity/total liabilities + 1.0 x revenue/assets As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	-2.81	FY2026	May 27, 2026
FormulaAn eight-variable index of year-on-year changes in receivables, gross margin, asset quality, revenue, depreciation, overheads, leverage and accruals As ofThe filing date of the statements below, for FY2026. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab
	4/9	FY2026	May 27, 2026
FormulaOne point each for: positive return on assets, positive operating cash flow, rising return on assets, operating cash flow above net income, falling leverage, rising current ratio, no new shares issued, rising gross margin, rising asset turnover. As ofThe filing date of the statements below, for FY2026. Form10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tabForm10-KFiledMay 27, 2026PeriodFY2026Accession0001193125-26-241850What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-241850, leaves this page and opens in a new tab

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 14 filed fiscal years on record, FY2011 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2017 to FY2026, read from the annual reports U-Haul Holding Company filed with the SEC. Each year names its filing. Amounts in USD, as filed.

U-Haul Holding Company: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
Year	Revenue	Operating income	Net income	EPS, diluted	Free cash flow	Operating margin	Return on equity	Filing
FY2026	6.04B	432.6M	83.1M	n/a	-1.36B	7.2%	1.1%	10-K, May 27, 20260001193125-26-241850
FY2025	5.83B	716.2M	367.1M	n/a	-2.00B	12.3%	4.9%	10-K, May 29, 20250000950170-25-078451
FY2024	5.63B	977.8M	628.7M	3.04	-1.54B	17.4%	8.8%	10-K, May 30, 20240000950170-24-066736
FY2023	5.86B	1.45B	924.5M	n/a	-994.3M	24.6%	14.2%	10-K, Jun 2, 20230000004457-23-000052
FY2022	5.74B	1.65B	1.12B	5.73	-190.3M	28.7%	18.9%	10-K, May 25, 20220000004457-22-000041
FY2021	4.54B	961.1M	610.9M	3.11	93.9M	21.2%	12.4%	10-K, May 26, 20210000004457-21-000040
FY2020	3.98B	540.1M	442.0M	2.25	-1.23B	13.6%	9.1%	10-K, May 27, 20200000004457-20-000053
FY2019	3.77B	621.0M	370.9M	n/a	-894.4M	16.5%	10.0%	10-K, May 29, 20190000004457-19-000024
FY2018	3.60B	765.2M	790.6M	n/a	-426.1M	21.3%	23.2%	10-K, May 30, 20180000004457-18-000016
FY2017	3.42B	743.2M	398.4M	n/a	-360.1M	21.7%	15.2%	10-K, May 24, 20170000004457-17-000032

Revenue, compound annual growth FY2017 to FY2026: 6.5%
Earnings, compound annual growth FY2017 to FY2026: -16.0%
Earnings per share, compound annual growth FY2020 to FY2024: 7.8%
Free cash flow: Free cash flow was not positive in both 2017 and 2026, so a compound rate across the window is not defined. Both figures are in the table.

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

U-Haul Holding Company: accounting screens and published tests, each with its source
Figure	Value, source and document
Beneish M-score	-2.81 ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Piotroski F-score	4/9 ComputedFY2026 10-K, filed May 27, 2026, 0001193125-26-241850
Named tests met	0 of 30 Computed
Beta	0.77 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 0 met, 23 not met, 7 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)

Meets: None of the named tests.
Does not: Deep value; Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); Three forensic scores; High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
Not measured: Defensive investor (Benjamin Graham); Earnings yield and ROIC (Joel Greenblatt); Low PEG, low debt (Peter Lynch); ROIC at or above WACC; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Cash-covered dividend. A test with a figure we could not read is incomplete, never met and never failed.

Figures we could not read(17)

Current Ratio: Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.
Debt to Equity: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Positive Earnings Streak: The latest filed year has no per-share earnings we can read; the test needs 10.
EV/EBIT: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Return on Invested Capital: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Altman Z-Score: We do not hold this figure for this company, so there is nothing to show.
PEG Ratio: We do not hold this figure for this company, so there is nothing to show.
Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
EV/EBITDA: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Dividend Yield: We do not hold this figure for this company, so there is nothing to show.
Payout Ratio: We do not hold this figure for this company, so there is nothing to show.
Share Count Change Yoy: The stored figure is a zero that can stand for data we do not hold, so this test is not measured.
ROIC-WACC Spread: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
Price To Ncav: Our archived statements for this filer carry no current assets line, so we cannot compute this from source and show you where it came from.
Price To Graham: We do not hold this figure for this company, so there is nothing to show.
Dividend Coverage Ratio: We do not hold this figure for this company, so there is nothing to show.
Dividend Streak: We do not hold this figure for this company, so there is nothing to show.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

Value it in the DCF workbench

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

What this cannot tell you

17 figures could not be read on this company, among them Current Ratio, Debt to Equity, Positive Earnings Streak. Each blank in the table above names the rest, with its reason. 7 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

Monitor my portfolio How this is computed

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Four questions, at a glance

Quality

Financial strength

Valuation

Cash generation

Revenue and net income, as filed

The reading, in brief

Financial health

Valuation

Companies like U-Haul Holding Company

The filed figures

Ten years of filed figures

The named tests

What this cannot tell you

Margin Notes