U-Haul Holding Company Reports Third Quarter Fiscal 2023 Financial Results

February 8, 2023 Download

RENO, Nev. (February 8, 2023) -- U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for its third quarter ended December 31, 2022, of $199.2 million compared to $281.5 million for the same period last year.

For the nine-month period ended December 31, 2022, net earnings available to shareholders were $885.3 million compared to $1,036.5 million for the same period last year.

“Customers continue to be interested in service and value for their dollar,” stated Joe Shoen, chairman of U-Haul Holding Company. “We must improve in both to retain existing customers and attract new ones. We have plans to accomplish both. We are focused on cost reduction and execution in both self-move and self-storage.”