\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n(In thousands)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-moving equipment rental revenues<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n757,001<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n745,259<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,811,921<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,725,524<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-storage revenues<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n246,831<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n230,532<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n972,427<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n897,913<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-moving and self-storage product and service sales<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n72,668<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n72,729<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n329,614<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n327,490<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty management fees<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n8,855<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n8,861<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n36,875<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n36,811<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLife insurance premiums<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n25,590<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n19,553<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n80,977<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n83,707<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty and casualty insurance premiums<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n24,754<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n23,540<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n105,119<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n98,900<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet investment and interest income<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n40,612<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n36,519<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n163,104<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n151,974<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther revenue<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n95,508<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n96,516<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n537,782<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n506,346<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nConsolidated revenue<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,271,819<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,233,509<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n6,037,819<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n5,828,665<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nListed below are revenues and earnings from operations at each of our operating segments for the fourth quarter and the full year of fiscal 2026 and 2025.<\/p>\n \n\n | \n\n Quarters Ended March 31,<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n Years Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n(In thousands)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nMoving and storage<\/p>\n<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| \n \nRevenues<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,180,114<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,153,414<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n5,686,690<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n5,492,774<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings (losses) from operations before equity in earnings of subsidiaries<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(97,175)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(57,258)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n350,227<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n645,772<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty and casualty insurance<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n33,074<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n27,384<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n141,202<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n125,164<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings from operations<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n17,336<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n9,976<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n67,197<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n54,745<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLife insurance<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n61,339<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n55,201<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n221,753<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n221,869<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings from operations<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n3,807<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n4,755<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n15,308<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n16,642<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEliminations<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(2,708)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(2,490)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(11,826)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(11,142)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings from operations before equity in earnings of subsidiaries<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(27)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(249)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(111)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(1,005)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nConsolidated Results<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n1,271,819<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1,233,509<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n6,037,819<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n5,828,665<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings (losses) from operations<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(76,059)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(42,776)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n432,621<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n716,154<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n| \n Moving and Storage<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDebt Metrics<\/p>\n<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| \n \n(in thousands) (unaudited)<\/p>\n<\/td>\n | | \n\n \nMarch 31,<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nDecember 31,<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nSeptember 30,<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nJune 30,<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nMarch 31,<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n2026<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nReal estate secured debt<\/p>\n<\/td>\n | | \n\n \n$3,204,208<\/p>\n<\/td>\n | | \n\n \n$3,096,564<\/p>\n<\/td>\n | | \n\n \n$3,002,344<\/p>\n<\/td>\n | | \n\n \n$2,727,545<\/p>\n<\/td>\n | | \n\n \n$2,703,656<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUnsecured debt<\/p>\n<\/td>\n | | \n\n \n1,700,000<\/p>\n<\/td>\n | | \n\n \n1,700,000<\/p>\n<\/td>\n | | \n\n \n1,700,000<\/p>\n<\/td>\n | | \n\n \n1,700,000<\/p>\n<\/td>\n | | \n\n \n1,700,000<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFleet secured debt<\/p>\n<\/td>\n | | \n\n \n3,157,364<\/p>\n<\/td>\n | | \n\n \n3,196,817<\/p>\n<\/td>\n | | \n\n \n2,965,804<\/p>\n<\/td>\n | | \n\n \n2,792,015<\/p>\n<\/td>\n | | \n\n \n2,758,821<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther secured debt<\/p>\n<\/td>\n | | \n\n \n63,377<\/p>\n<\/td>\n | | \n\n \n64,798<\/p>\n<\/td>\n | | \n\n \n64,357<\/p>\n<\/td>\n | | \n\n \n65,570<\/p>\n<\/td>\n | | \n\n \n66,864<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal debt<\/p>\n<\/td>\n | | \n\n \n8,124,949<\/p>\n<\/td>\n | | \n\n \n8,058,179<\/p>\n<\/td>\n | | \n\n \n7,732,505<\/p>\n<\/td>\n | | \n\n \n7,285,130<\/p>\n<\/td>\n | | \n\n \n7,229,341<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nCash and cash equivalents<\/p>\n<\/td>\n | | \n\n \n$1,014,382<\/p>\n<\/td>\n | | \n\n \n$1,010,011<\/p>\n<\/td>\n | | \n\n \n$910,969<\/p>\n<\/td>\n | | \n\n \n$726,069<\/p>\n<\/td>\n | | \n\n \n$872,467<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal assets<\/p>\n<\/td>\n | | \n\n \n18,687,591<\/p>\n<\/td>\n | | \n\n \n18,717,342<\/p>\n<\/td>\n | | \n\n \n18,460,371<\/p>\n<\/td>\n | | \n\n \n17,858,535<\/p>\n<\/td>\n | | \n\n \n17,522,952<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAdjusted EBITDA (TTM)<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n1,645,859<\/p>\n<\/td>\n | | \n\n \n1,640,173<\/p>\n<\/td>\n | | \n\n \n1,681,900<\/p>\n<\/td>\n | | \n\n \n1,650,277<\/p>\n<\/td>\n | | \n\n \n1,619,714<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nNet debt to adjusted EBITDA<\/p>\n<\/td>\n | | \n\n \n4.3<\/p>\n<\/td>\n | | \n\n \n4.3<\/p>\n<\/td>\n | | \n\n \n4.1<\/p>\n<\/td>\n | | \n\n \n4.0<\/p>\n<\/td>\n | | \n\n \n3.9<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet debt to total assets<\/p>\n<\/td>\n | | \n\n \n38.0%<\/p>\n<\/td>\n | | \n\n \n37.7%<\/p>\n<\/td>\n | | \n\n \n37.0%<\/p>\n<\/td>\n | | \n\n \n36.7%<\/p>\n<\/td>\n | | \n\n \n36.3%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nPercent of debt floating<\/p>\n<\/td>\n | | \n\n \n6.7%<\/p>\n<\/td>\n | | \n\n \n6.8%<\/p>\n<\/td>\n | | \n\n \n7.1%<\/p>\n<\/td>\n | | \n\n \n6.1%<\/p>\n<\/td>\n | | \n\n \n6.1%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of debt fixed<\/p>\n<\/td>\n | | \n\n \n93.3%<\/p>\n<\/td>\n | | \n\n \n93.2%<\/p>\n<\/td>\n | | \n\n \n92.9%<\/p>\n<\/td>\n | | \n\n \n93.9%<\/p>\n<\/td>\n | | \n\n \n93.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of debt unsecured<\/p>\n<\/td>\n | | \n\n \n20.9%<\/p>\n<\/td>\n | | \n\n \n21.1%<\/p>\n<\/td>\n | | \n\n \n22.0%<\/p>\n<\/td>\n | | \n\n \n23.3%<\/p>\n<\/td>\n | | \n\n \n23.5%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nUnencumbered asset ratio*<\/p>\n<\/td>\n | | \n\n \n3.98x<\/p>\n<\/td>\n | | \n\n \n4.01x<\/p>\n<\/td>\n | | \n\n \n3.96x<\/p>\n<\/td>\n | | \n\n \n3.86x<\/p>\n<\/td>\n | | \n\n \n3.91x<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n* Unencumbered asset value compared to unsecured debt committed, outstanding or not. Unencumbered assets valued at the higher of historical cost or allocated NOI valued at a 10% cap rate, minimum required is 2.0x.<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nThe components of depreciation, net of gains on disposals, for the fourth quarter and the full year of fiscal 2026 and 2025 are as follows:<\/p>\n \n\n | \n\n Quarter Ended March 31,<\/b><\/p>\n<\/td>\n | | \n\n Years Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n\n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n\n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n \n(In thousands)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation expense – rental equipment<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n221,435<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n180,836<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n879,273<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n692,660<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation expense – non rental equipment<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n22,863<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n23,934<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n94,206<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n95,709<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation expense – real estate<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n55,731<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n48,408<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n209,654<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n183,564<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total depreciation expense<\/b><\/p>\n<\/td>\n | \n $<\/b><\/p>\n<\/td>\n | \n 300,029<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 253,178<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,183,133<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 971,933<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet (gains) losses on disposals of rental equipment<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n17,832<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n14,600<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n104,496<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(15,014)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet (gains) losses on disposals of non-rental equipment<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(676)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n500<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(608)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1,265<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total net (gains) losses on disposals equipment<\/b><\/p>\n<\/td>\n | \n $<\/b><\/p>\n<\/td>\n | \n 17,156<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 15,100<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 103,888<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n (13,749)<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Depreciation, net of (gains) losses on disposals<\/b><\/p>\n<\/td>\n | \n $<\/b><\/p>\n<\/td>\n | \n 317,185<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 268,278<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,287,021<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 958,184<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Net (gains) losses on disposals of real estate<\/b><\/p>\n<\/td>\n | \n $<\/b><\/p>\n<\/td>\n | \n 3,001<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 6,305<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 8,611<\/b><\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 15,758<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n \nThe Company owns and manages self-storage facilities. Self-storage revenues reported in the consolidated financial statements represent Company-owned locations only. Self-storage data for our owned storage locations follows (unaudited):<\/p>\n \n\n | \n | \n\n Quarters Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(In thousands, except occupancy rate)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUnit count as of March 31<\/p>\n<\/td>\n | | \n\n \n857<\/p>\n<\/td>\n | | \n\n \n799<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSquare footage as of March 31<\/p>\n<\/td>\n | | \n\n \n73,651<\/p>\n<\/td>\n | | \n\n \n68,376<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly number of units occupied<\/p>\n<\/td>\n | | \n\n \n607<\/p>\n<\/td>\n | | \n\n \n613<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly occupancy rate based on unit count<\/p>\n<\/td>\n | | \n\n \n71.1%<\/p>\n<\/td>\n | | \n\n \n77.3%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEnd of period occupancy rate based on unit count<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n71.0%<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n77.0%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly square footage occupied<\/p>\n<\/td>\n | | \n\n \n54,124<\/p>\n<\/td>\n | | \n\n \n53,814<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n | \n | \n\n Years Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(In thousands, except occupancy rate)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUnit count as of March 31<\/p>\n<\/td>\n | | \n\n \n857<\/p>\n<\/td>\n | | \n\n \n799<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSquare footage as of March 31<\/p>\n<\/td>\n | | \n\n \n73,651<\/p>\n<\/td>\n | | \n\n \n68,376<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly number of units occupied<\/p>\n<\/td>\n | | \n\n \n620<\/p>\n<\/td>\n | | \n\n \n607<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly occupancy rate based on unit count<\/p>\n<\/td>\n | | \n\n \n74.4%<\/p>\n<\/td>\n | | \n\n \n79.2%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEnd of period occupancy rate based on unit count<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n71.0%<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n77.0%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAverage monthly square footage occupied<\/p>\n<\/td>\n | | \n\n \n54,858<\/p>\n<\/td>\n | | \n\n \n53,021<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n| \n Self-Storage Portfolio Summary<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAs of March 31, 2026<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n(unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n| \n U-Haul Owned Store Data by State<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nState\/
\n
Province<\/p>\n<\/td>\n | | \n\n \nStores<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nUnits
\n
Occupied<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nRentable
\n
Square Feet<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nAnnual
\n
Revenue
\n
Per Foot<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nOccupancy
\n
During Qtr<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTexas<\/p>\n<\/td>\n | | \n\n \n102<\/p>\n<\/td>\n | | \n\n \n35,998<\/p>\n<\/td>\n | | \n\n \n4,937,797<\/p>\n<\/td>\n | | \n\n \n$15.87<\/p>\n<\/td>\n | | \n\n \n67.5%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFlorida<\/p>\n<\/td>\n | | \n\n \n93<\/p>\n<\/td>\n | | \n\n \n33,661<\/p>\n<\/td>\n | | \n\n \n4,282,463<\/p>\n<\/td>\n | | \n\n \n$19.32<\/p>\n<\/td>\n | | \n\n \n67.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCalifornia<\/p>\n<\/td>\n | | \n\n \n89<\/p>\n<\/td>\n | | \n\n \n33,834<\/p>\n<\/td>\n | | \n\n \n3,352,228<\/p>\n<\/td>\n | | \n\n \n$22.48<\/p>\n<\/td>\n | | \n\n \n78.1%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nIllinois<\/p>\n<\/td>\n | | \n\n \n85<\/p>\n<\/td>\n | | \n\n \n37,915<\/p>\n<\/td>\n | | \n\n \n4,432,525<\/p>\n<\/td>\n | | \n\n \n$17.04<\/p>\n<\/td>\n | | \n\n \n72.3%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPennsylvania<\/p>\n<\/td>\n | | \n\n \n74<\/p>\n<\/td>\n | | \n\n \n27,777<\/p>\n<\/td>\n | | \n\n \n3,157,671<\/p>\n<\/td>\n | | \n\n \n$18.60<\/p>\n<\/td>\n | | \n\n \n69.0%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOhio<\/p>\n<\/td>\n | | \n\n \n68<\/p>\n<\/td>\n | | \n\n \n25,730<\/p>\n<\/td>\n | | \n\n \n3,143,964<\/p>\n<\/td>\n | | \n\n \n$15.51<\/p>\n<\/td>\n | | \n\n \n70.8%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNew York<\/p>\n<\/td>\n | | \n\n \n67<\/p>\n<\/td>\n | | \n\n \n27,855<\/p>\n<\/td>\n | | \n\n \n2,723,022<\/p>\n<\/td>\n | | \n\n \n$24.14<\/p>\n<\/td>\n | | \n\n \n76.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nMichigan<\/p>\n<\/td>\n | | \n\n \n61<\/p>\n<\/td>\n | | \n\n \n19,856<\/p>\n<\/td>\n | | \n\n \n2,399,439<\/p>\n<\/td>\n | | \n\n \n$16.56<\/p>\n<\/td>\n | | \n\n \n74.7%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nGeorgia<\/p>\n<\/td>\n | | \n\n \n57<\/p>\n<\/td>\n | | \n\n \n21,250<\/p>\n<\/td>\n | | \n\n \n2,808,691<\/p>\n<\/td>\n | | \n\n \n$16.83<\/p>\n<\/td>\n | | \n\n \n70.4%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nArizona<\/p>\n<\/td>\n | | \n\n \n51<\/p>\n<\/td>\n | | \n\n \n23,523<\/p>\n<\/td>\n | | \n\n \n3,226,198<\/p>\n<\/td>\n | | \n\n \n$16.76<\/p>\n<\/td>\n | | \n\n \n66.1%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWisconsin<\/p>\n<\/td>\n | | \n\n \n44<\/p>\n<\/td>\n | | \n\n \n16,420<\/p>\n<\/td>\n | | \n\n \n2,092,796<\/p>\n<\/td>\n | | \n\n \n$14.53<\/p>\n<\/td>\n | | \n\n \n68.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth Carolina<\/p>\n<\/td>\n | | \n\n \n42<\/p>\n<\/td>\n | | \n\n \n16,860<\/p>\n<\/td>\n | | \n\n \n2,211,672<\/p>\n<\/td>\n | | \n\n \n$16.03<\/p>\n<\/td>\n | | \n\n \n64.2%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nMissouri<\/p>\n<\/td>\n | | \n\n \n40<\/p>\n<\/td>\n | | \n\n \n13,811<\/p>\n<\/td>\n | | \n\n \n1,988,597<\/p>\n<\/td>\n | | \n\n \n$14.70<\/p>\n<\/td>\n | | \n\n \n63.6%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWashington<\/p>\n<\/td>\n | | \n\n \n39<\/p>\n<\/td>\n | | \n\n \n13,862<\/p>\n<\/td>\n | | \n\n \n1,672,760<\/p>\n<\/td>\n | | \n\n \n$17.93<\/p>\n<\/td>\n | | \n\n \n68.3%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTennessee<\/p>\n<\/td>\n | | \n\n \n37<\/p>\n<\/td>\n | | \n\n \n14,808<\/p>\n<\/td>\n | | \n\n \n1,629,973<\/p>\n<\/td>\n | | \n\n \n$15.54<\/p>\n<\/td>\n | | \n\n \n80.5%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nMinnesota<\/p>\n<\/td>\n | | \n\n \n35<\/p>\n<\/td>\n | | \n\n \n13,307<\/p>\n<\/td>\n | | \n\n \n1,774,078<\/p>\n<\/td>\n | | \n\n \n$14.24<\/p>\n<\/td>\n | | \n\n \n71.2%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNew Jersey<\/p>\n<\/td>\n | | \n\n \n34<\/p>\n<\/td>\n | | \n\n \n15,851<\/p>\n<\/td>\n | | \n\n \n1,592,730<\/p>\n<\/td>\n | | \n\n \n$21.43<\/p>\n<\/td>\n | | \n\n \n78.0%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOntario<\/p>\n<\/td>\n | | \n\n \n33<\/p>\n<\/td>\n | | \n\n \n12,430<\/p>\n<\/td>\n | | \n\n \n1,416,014<\/p>\n<\/td>\n | | \n\n \n$23.89<\/p>\n<\/td>\n | | \n\n \n68.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nIndiana<\/p>\n<\/td>\n | | \n\n \n33<\/p>\n<\/td>\n | | \n\n \n10,465<\/p>\n<\/td>\n | | \n\n \n1,189,482<\/p>\n<\/td>\n | | \n\n \n$14.74<\/p>\n<\/td>\n | | \n\n \n77.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAlabama<\/p>\n<\/td>\n | | \n\n \n32<\/p>\n<\/td>\n | | \n\n \n7,931<\/p>\n<\/td>\n | | \n\n \n1,312,968<\/p>\n<\/td>\n | | \n\n \n$13.89<\/p>\n<\/td>\n | | \n\n \n53.0%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n Top 20 Totals<\/b><\/p>\n<\/td>\n | | \n\n 1,116<\/b><\/p>\n<\/td>\n | | \n\n 423,144<\/b><\/p>\n<\/td>\n | | \n\n 51,345,068<\/b><\/p>\n<\/td>\n | | \n\n $17.72<\/b><\/p>\n<\/td>\n | | \n\n 70.6%<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n All Others<\/b><\/p>\n<\/td>\n | | \n\n 508<\/b><\/p>\n<\/td>\n | | \n\n 185,469<\/b><\/p>\n<\/td>\n | | \n\n 22,306,185<\/b><\/p>\n<\/td>\n | | \n\n $17.65<\/b><\/p>\n<\/td>\n | | \n\n 72.2%<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n 4Q FY 2026 Totals<\/b><\/p>\n<\/td>\n | | \n\n 1,624<\/b><\/p>\n<\/td>\n | | \n\n 608,613<\/b><\/p>\n<\/td>\n | | \n\n 73,651,253<\/b><\/p>\n<\/td>\n | | \n\n $17.70<\/b><\/p>\n<\/td>\n | | \n\n 71.1%<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n Same Store Pool Held Constant for Prior Periods<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSame Store 4Q26<\/p>\n<\/td>\n | | \n\n \n948<\/p>\n<\/td>\n | | \n\n \n342,134<\/p>\n<\/td>\n | | \n\n \n34,053,475<\/p>\n<\/td>\n | | \n\n \n$18.49<\/p>\n<\/td>\n | | \n\n \n86.1%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSame Store 4Q25<\/p>\n<\/td>\n | | \n\n \n948<\/p>\n<\/td>\n | | \n\n \n365,169<\/p>\n<\/td>\n | | \n\n \n34,037,858<\/p>\n<\/td>\n | | \n\n \n$17.36<\/p>\n<\/td>\n | | \n\n \n91.5%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSame Store 4Q24<\/p>\n<\/td>\n | | \n\n \n948<\/p>\n<\/td>\n | | \n\n \n365,223<\/p>\n<\/td>\n | | \n\n \n34,004,911<\/p>\n<\/td>\n | | \n\n \n$16.89<\/p>\n<\/td>\n | | \n\n \n91.2%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q26<\/p>\n<\/td>\n | | \n\n \n676<\/p>\n<\/td>\n | | \n\n \n266,479<\/p>\n<\/td>\n | | \n\n \n39,597,778<\/p>\n<\/td>\n | | \n\n \n$16.68<\/p>\n<\/td>\n | | \n\n \n57.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q25<\/p>\n<\/td>\n | | \n\n \n610<\/p>\n<\/td>\n | | \n\n \n250,465<\/p>\n<\/td>\n | | \n\n \n34,338,142<\/p>\n<\/td>\n | | \n\n \n$16.08<\/p>\n<\/td>\n | | \n\n \n62.8%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q24<\/p>\n<\/td>\n | | \n\n \n528<\/p>\n<\/td>\n | | \n\n \n212,180<\/p>\n<\/td>\n | | \n\n \n27,852,116<\/p>\n<\/td>\n | | \n\n \n$16.06<\/p>\n<\/td>\n | | \n\n \n65.6%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Same Store Pool, Prior Periods Unchanged<\/b><\/p>\n<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| \n \nSame Store 4Q26<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n948<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n342,134<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n34,053,475<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$18.49<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n86.1%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSame Store 4Q25<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n893<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n317,736<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n29,661,083<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$17.32<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n91.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSame Store 4Q24<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n862<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n291,587<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n27,376,696<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$16.87<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n92.3%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q26<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n676<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n266,479<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n39,597,778<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$16.68<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n57.9%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q25<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n665<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n297,898<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n38,714,917<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$16.32<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n66.0%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Same Store 4Q24<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n614<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n285,816<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n34,480,331<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$16.28<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n70.1%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n Note: Store Count, Units, and NRSF reflect active storage locations for the last month of the reporting quarter.<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Occupancy % reflects average occupancy during the reporting quarter.<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Revenue per foot is average revenue per occupied foot over fiscal year 2026.<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Same store includes storage locations with rentable storage inventory for more than three years and have had a capacity change of less than twenty units for any year-over-year period of the reporting month.<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n The locations have occupancy each month during the last three years and have achieved 80% or greater physical occupancy for the last two years. Prior year Same Store figures are for locations meeting the Same Store criteria as of the prior year reporting month.<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n| \n U-HAUL HOLDING COMPANY AND CONSOLIDATED SUBSIDIARIES<\/b><\/p>\n CONSOLIDATED BALANCE SHEETS<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n | \n\n March 31,<\/b><\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nASSETS<\/p>\n<\/td>\n | | \n\n \n(In thousands)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCash and cash equivalents<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,120,147<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n988,828<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTrade receivables and reinsurance recoverables, net<\/p>\n<\/td>\n | | \n\n \n159,768<\/p>\n<\/td>\n | | \n | \n\n \n230,716<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nInventories and parts<\/p>\n<\/td>\n | | \n\n \n178,155<\/p>\n<\/td>\n | | \n | \n\n \n163,132<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPrepaid expenses<\/p>\n<\/td>\n | | \n\n \n191,671<\/p>\n<\/td>\n | | \n | \n\n \n282,406<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFixed maturity securities available-for-sale, net, at fair value<\/p>\n<\/td>\n | | \n\n \n2,417,912<\/p>\n<\/td>\n | | \n | \n\n \n2,479,498<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEquity securities, at fair value<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n14,976<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n65,549<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nInvestments, other<\/p>\n<\/td>\n | | \n\n \n706,314<\/p>\n<\/td>\n | | \n | \n\n \n678,254<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDeferred policy acquisition costs, net<\/p>\n<\/td>\n | | \n\n \n112,852<\/p>\n<\/td>\n | | \n | \n\n \n121,729<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther assets<\/p>\n<\/td>\n | | \n\n \n127,202<\/p>\n<\/td>\n | | \n | \n\n \n126,732<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRight of use assets \u2013 financing, net<\/p>\n<\/td>\n | | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n138,698<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRight of use assets \u2013 operating, net<\/p>\n<\/td>\n | | \n\n \n40,188<\/p>\n<\/td>\n | | \n | \n\n \n46,025<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRelated party assets<\/p>\n<\/td>\n | | \n\n \n53,159<\/p>\n<\/td>\n | | \n | \n\n \n45,003<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty, plant and equipment, at cost:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nLand<\/p>\n<\/td>\n | | \n\n \n1,865,369<\/p>\n<\/td>\n | | \n | \n\n \n1,812,820<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBuildings and improvements<\/p>\n<\/td>\n | | \n\n \n10,542,945<\/p>\n<\/td>\n | | \n | \n\n \n9,628,271<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFurniture and equipment<\/p>\n<\/td>\n | | \n\n \n1,074,032<\/p>\n<\/td>\n | | \n | \n\n \n1,047,414<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRental trailers and other rental equipment<\/p>\n<\/td>\n | | \n\n \n1,206,253<\/p>\n<\/td>\n | | \n | \n\n \n1,046,135<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRental trucks<\/p>\n<\/td>\n | | \n\n \n8,554,508<\/p>\n<\/td>\n | | \n | \n\n \n7,470,039<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n23,243,107<\/p>\n<\/td>\n | | \n | \n\n \n21,004,679<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLess: Accumulated depreciation<\/p>\n<\/td>\n | | \n\n \n(6,862,662)<\/p>\n<\/td>\n | | \n | \n\n \n(5,892,079)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal property, plant and equipment, net<\/p>\n<\/td>\n | | \n\n \n16,380,445<\/p>\n<\/td>\n | | \n | \n\n \n15,112,600<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal assets<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n21,502,789<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n20,479,170<\/p>\n<\/td>\n<\/tr>\n | \n| \n LIABILITIES AND STOCKHOLDERS’ EQUITY<\/b><\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nLiabilities:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nAccounts payable and accrued expenses<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n850,294<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n820,900<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNotes, loans and finance leases payable, net<\/p>\n<\/td>\n | | \n\n \n8,083,374<\/p>\n<\/td>\n | | \n | \n\n \n7,193,857<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOperating lease liabilities<\/p>\n<\/td>\n | | \n\n \n40,957<\/p>\n<\/td>\n | | \n | \n\n \n46,973<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPolicy benefits and losses, claims and loss expenses payable<\/p>\n<\/td>\n | | \n\n \n939,874<\/p>\n<\/td>\n | | \n | \n\n \n857,521<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLiabilities from investment contracts<\/p>\n<\/td>\n | | \n\n \n2,357,545<\/p>\n<\/td>\n | | \n | \n\n \n2,511,422<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther policyholders’ funds and liabilities<\/p>\n<\/td>\n | | \n\n \n2,899<\/p>\n<\/td>\n | | \n | \n\n \n7,539<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDeferred income<\/p>\n<\/td>\n | | \n\n \n56,614<\/p>\n<\/td>\n | | \n | \n\n \n52,895<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDeferred income taxes, net<\/p>\n<\/td>\n | | \n\n \n1,559,581<\/p>\n<\/td>\n | | \n | \n\n \n1,489,920<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal liabilities<\/p>\n<\/td>\n | | \n\n \n13,891,138<\/p>\n<\/td>\n | | \n | \n\n \n12,981,027<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nCommon stock<\/p>\n<\/td>\n | | \n\n \n10,497<\/p>\n<\/td>\n | | \n | \n\n \n10,497<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-voting common stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n176<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n176<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAdditional paid-in capital<\/p>\n<\/td>\n | | \n\n \n462,548<\/p>\n<\/td>\n | | \n | \n\n \n462,548<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAccumulated other comprehensive loss<\/p>\n<\/td>\n | | \n\n \n(163,640)<\/p>\n<\/td>\n | | \n | \n\n \n(229,314)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRetained earnings<\/p>\n<\/td>\n | | \n\n \n7,979,720<\/p>\n<\/td>\n | | \n | \n\n \n7,931,886<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCost of common stock in treasury, net<\/p>\n<\/td>\n | | \n\n \n(525,653)<\/p>\n<\/td>\n | | \n | \n\n \n(525,653)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCost of preferred stock in treasury, net<\/p>\n<\/td>\n | | \n\n \n(151,997)<\/p>\n<\/td>\n | | \n | \n\n \n(151,997)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal stockholders’ equity<\/p>\n<\/td>\n | | \n\n \n7,611,651<\/p>\n<\/td>\n | | \n | \n\n \n7,498,143<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal liabilities and stockholders’ equity<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n21,502,789<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n20,479,170<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n| \n U-HAUL HOLDING COMPANY AND CONSOLIDATED SUBSIDIARIES<\/b><\/p>\n CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n | \n\n Quarter Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(Unaudited)<\/p>\n \n(In thousands, except share and per share data)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nSelf-moving equipment rental revenues<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n757,001<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n745,259<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-storage revenues<\/p>\n<\/td>\n | | \n\n \n246,831<\/p>\n<\/td>\n | | \n | \n\n \n230,532<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-moving and self-storage products and service sales<\/p>\n<\/td>\n | | \n\n \n72,668<\/p>\n<\/td>\n | | \n | \n\n \n72,729<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty management fees<\/p>\n<\/td>\n | | \n\n \n8,855<\/p>\n<\/td>\n | | \n | \n\n \n8,861<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLife insurance premiums<\/p>\n<\/td>\n | | \n\n \n25,590<\/p>\n<\/td>\n | | \n | \n\n \n19,553<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty and casualty insurance premiums<\/p>\n<\/td>\n | | \n\n \n24,754<\/p>\n<\/td>\n | | \n | \n\n \n23,540<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet investment and interest income<\/p>\n<\/td>\n | | \n\n \n40,612<\/p>\n<\/td>\n | | \n | \n\n \n36,519<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther revenue<\/p>\n<\/td>\n | | \n\n \n95,508<\/p>\n<\/td>\n | | \n | \n\n \n96,516<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal revenues<\/p>\n<\/td>\n | | \n\n \n1,271,819<\/p>\n<\/td>\n | | \n | \n\n \n1,233,509<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nCosts and expenses:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nOperating expenses<\/p>\n<\/td>\n | | \n\n \n830,457<\/p>\n<\/td>\n | | \n | \n\n \n812,290<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCommission expenses<\/p>\n<\/td>\n | | \n\n \n81,582<\/p>\n<\/td>\n | | \n | \n\n \n80,758<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCost of product sales<\/p>\n<\/td>\n | | \n\n \n56,159<\/p>\n<\/td>\n | | \n | \n\n \n53,114<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBenefits and losses<\/p>\n<\/td>\n | | \n\n \n49,605<\/p>\n<\/td>\n | | \n | \n\n \n45,668<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAmortization of deferred policy acquisition costs<\/p>\n<\/td>\n | | \n\n \n4,851<\/p>\n<\/td>\n | | \n | \n\n \n4,755<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLease expense<\/p>\n<\/td>\n | | \n\n \n5,038<\/p>\n<\/td>\n | | \n | \n\n \n5,117<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation, net of (gains) losses on disposals<\/p>\n<\/td>\n | | \n\n \n317,185<\/p>\n<\/td>\n | | \n | \n\n \n268,278<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet (gains) losses on disposal of real estate<\/p>\n<\/td>\n | | \n\n \n3,001<\/p>\n<\/td>\n | | \n | \n\n \n6,305<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal costs and expenses<\/p>\n<\/td>\n | | \n\n \n1,347,878<\/p>\n<\/td>\n | | \n | \n\n \n1,276,285<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nEarnings (losses) from operations<\/p>\n<\/td>\n | | \n\n \n(76,059)<\/p>\n<\/td>\n | | \n | \n\n \n(42,776)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther components of net periodic benefit costs<\/p>\n<\/td>\n | | \n\n \n(346)<\/p>\n<\/td>\n | | \n | \n\n \n(372)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther interest income<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n15,793<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n9,053<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nInterest expense<\/p>\n<\/td>\n | | \n\n \n(96,595)<\/p>\n<\/td>\n | | \n | \n\n \n(80,419)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFees on early extinguishment of debt and costs of defeasance<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(919)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPretax earnings (losses)<\/p>\n<\/td>\n | | \n\n \n(158,126)<\/p>\n<\/td>\n | | \n | \n\n \n(114,514)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nIncome tax (expense) benefit<\/p>\n<\/td>\n | | \n\n \n30,341<\/p>\n<\/td>\n | | \n | \n\n \n32,223<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLosses available to common shareholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(127,785)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(82,291)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted losses per share of Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.70)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.46)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Common Stock: Basic and diluted<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings (losses) per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.65)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.41)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Non-Voting Common Stock: Basic and diluted<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n| \n U-HAUL HOLDING COMPANY AND CONSOLIDATED SUBSIDIARIES<\/b><\/p>\n CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n | \n\n Years Ended March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | | \n | \n\n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(Unaudited)<\/p>\n \n(In thousands, except share and per share data)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRevenues:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nSelf-moving equipment rental revenues<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,811,921<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,725,524<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-storage revenues<\/p>\n<\/td>\n | | \n\n \n972,427<\/p>\n<\/td>\n | | \n | \n\n \n897,913<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSelf-moving and self-storage products and service sales<\/p>\n<\/td>\n | | \n\n \n329,614<\/p>\n<\/td>\n | | \n | \n\n \n327,490<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty management fees<\/p>\n<\/td>\n | | \n\n \n36,875<\/p>\n<\/td>\n | | \n | \n\n \n36,811<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLife insurance premiums<\/p>\n<\/td>\n | | \n\n \n80,977<\/p>\n<\/td>\n | | \n | \n\n \n83,707<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nProperty and casualty insurance premiums<\/p>\n<\/td>\n | | \n\n \n105,119<\/p>\n<\/td>\n | | \n | \n\n \n98,900<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet investment and interest income<\/p>\n<\/td>\n | | \n\n \n163,104<\/p>\n<\/td>\n | | \n | \n\n \n151,974<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther revenue<\/p>\n<\/td>\n | | \n\n \n537,782<\/p>\n<\/td>\n | | \n | \n\n \n506,346<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal revenues<\/p>\n<\/td>\n | | \n\n \n6,037,819<\/p>\n<\/td>\n | | \n | \n\n \n5,828,665<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nCosts and expenses:<\/p>\n<\/td>\n | | \n | \n | \n | \n | <\/tr>\n \n| \n \nOperating expenses<\/p>\n<\/td>\n | | \n\n \n3,415,362<\/p>\n<\/td>\n | | \n | \n\n \n3,275,471<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCommission expenses<\/p>\n<\/td>\n | | \n\n \n416,231<\/p>\n<\/td>\n | | \n | \n\n \n407,368<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nCost of product sales<\/p>\n<\/td>\n | | \n\n \n246,860<\/p>\n<\/td>\n | | \n | \n\n \n234,145<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBenefits and losses<\/p>\n<\/td>\n | | \n\n \n192,197<\/p>\n<\/td>\n | | \n | \n\n \n182,749<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAmortization of deferred policy acquisition costs<\/p>\n<\/td>\n | | \n\n \n19,652<\/p>\n<\/td>\n | | \n | \n\n \n18,333<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLease expense<\/p>\n<\/td>\n | | \n\n \n19,264<\/p>\n<\/td>\n | | \n | \n\n \n20,503<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation, net of (gains) losses on disposals<\/p>\n<\/td>\n | | \n\n \n1,287,021<\/p>\n<\/td>\n | | \n | \n\n \n958,184<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet (gains) losses on disposal of real estate<\/p>\n<\/td>\n | | \n\n \n8,611<\/p>\n<\/td>\n | | \n | \n\n \n15,758<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal costs and expenses<\/p>\n<\/td>\n | | \n\n \n5,605,198<\/p>\n<\/td>\n | | \n | \n\n \n5,112,511<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nEarnings from operations<\/p>\n<\/td>\n | | \n\n \n432,621<\/p>\n<\/td>\n | | \n | \n\n \n716,154<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther components of net periodic benefit costs<\/p>\n<\/td>\n | | \n\n \n(1,383)<\/p>\n<\/td>\n | | \n | \n\n \n(1,488)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther interest income<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n47,261<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n59,057<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nInterest expense<\/p>\n<\/td>\n | | \n\n \n(364,757)<\/p>\n<\/td>\n | | \n | \n\n \n(295,716)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFees on early extinguishment of debt and costs of defeasance<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(1,108)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(495)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPretax earnings<\/p>\n<\/td>\n | | \n\n \n112,634<\/p>\n<\/td>\n | | \n | \n\n \n477,512<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nIncome tax expense<\/p>\n<\/td>\n | | \n\n \n(29,506)<\/p>\n<\/td>\n | | \n | \n\n \n(110,422)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings available to common shareholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n83,128<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n367,090<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings per share of Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.24<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.69<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Common Stock: Basic and diluted<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.44<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.89<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Non-Voting Common Stock: Basic and diluted<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n EARNINGS PER SHARE<\/b><\/p>\n \nWe calculate earnings per share using the two-class method in accordance with Accounting Standards Codification Topic 260, Earnings Per Share<\/i>. The two-class method allocates the undistributed earnings available to common stockholders to the Company\u2019s outstanding common stock, $0.25 par value (the \u201cVoting Common Stock\u201d), and the Series N Non-Voting Common Stock, $0.001 par value (the \u201cNon-Voting Common Stock\u201d), based on each share\u2019s percentage of total weighted average shares outstanding. The Voting Common Stock and Non-Voting Common Stock are allocated 10% and 90%, respectively, of our undistributed earnings available to common stockholders. This represents earnings available to common stockholders, less the dividends declared, for both the Voting Common Stock and Non-Voting Common Stock.<\/p>\n \nOur undistributed earnings per share is calculated by taking the undistributed earnings available to common stockholders and dividing this number by the weighted average shares outstanding for the respective stock. If there was a dividend declared for that period, the dividend per share is added to the undistributed earnings per share to calculate the basic and diluted earnings per share. The process is used for both Voting Common Stock and Non-Voting Common Stock.<\/p>\n \nThe calculation of basic and diluted earnings per share for the quarters and years ended March 31, 2026 and 2025 for our Voting Common Stock and Non-Voting Common Stock were as follows:<\/p>\n \n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n For the Quarter Ended<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(In thousands, except share and per share amounts)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of weighted average shares outstanding of Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet losses available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(127,785)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(82,291)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nVoting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Voting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(8,823)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(8,823)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(136,608)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(91,114)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses available to common stockholders allocated to Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(13,661)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(9,111)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses per share of Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.70)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.46)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDividends declared per share of Voting Common Stock<\/p>\n<\/td>\n | | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted losses per share of Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.70)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.46)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of weighted average shares outstanding of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n90%<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n90%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet losses available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(127,785)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(82,291)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nVoting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Voting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(8,823)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(8,823)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(136,608)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(91,114)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses available to common stockholders allocated to Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(122,947)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(82,003)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed losses per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.70)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.46)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDividends declared per share of Non-Voting Common Stock<\/p>\n<\/td>\n | | \n\n \n0.05<\/p>\n<\/td>\n | | \n | \n\n \n0.05<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings (losses) per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n(0.65)<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n(0.41)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n For the Years Ended<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(Unaudited)<\/p>\n \n(In thousands, except share and per share amounts)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n19,607,788<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of weighted average shares outstanding of Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet earnings available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n83,128<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n367,090<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nVoting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Voting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(35,294)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(35,294)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n47,834<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n331,796<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings available to common stockholders allocated to Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n4,783<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n33,180<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings per share of Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.24<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.69<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDividends declared per share of Voting Common Stock<\/p>\n<\/td>\n | | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings per share of Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.24<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.69<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nWeighted average shares outstanding of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n176,470,092<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n196,077,880<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nPercent of weighted average shares outstanding of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n90%<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n90%<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet earnings available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n83,128<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n367,090<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nVoting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNon-Voting Common Stock dividends declared<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n(35,294)<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n(35,294)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n47,834<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n331,796<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings available to common stockholders allocated to Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n43,051<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n298,616<\/p>\n<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nUndistributed earnings per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.24<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.69<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDividends declared per share of Non-Voting Common Stock<\/p>\n<\/td>\n | | \n\n \n0.20<\/p>\n<\/td>\n | | \n | \n\n \n0.20<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBasic and diluted earnings per share of Non-Voting Common Stock<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n0.44<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.89<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n NON-GAAP FINANCIAL RECONCILIATION SCHEDULE<\/b><\/p>\n \nAs of April 1, 2019, we adopted the new accounting standard for leases. Part of this adoption resulted in approximately $1 billion of property, plant and equipment, net (\u201cPPE\u201d) being reclassed to Right of use assets – financing, net (\u201cROU-financing\u201d). The tables below show adjusted PPE as of March 31, 2026 and March 31, 2025 by including the ROU-financing. The assets included in ROU-financing are not a true book value as some of the assets are recorded at between 70% and 100% of value based on the lease agreement. The finance leases tied to these ROU-financing were paid off as of March 31, 2026. This non-GAAP measure is intended as a supplemental measure of our balance sheet that is neither required by nor presented in accordance with GAAP. We believe that the use of this non-GAAP measure provides an additional tool for investors to use in evaluating our financial condition. This non-GAAP measure should not be considered in isolation or as a substitute for other measures calculated in accordance with GAAP.<\/p>\n \n\n | \n | \n | \n | \n | \n | \n | \n | \n\n March 31,<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n March 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n | \n | \n | \n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n March 31,<\/b><\/p>\n<\/td>\n | | \n | \n\n ROU Assets<\/b><\/p>\n<\/td>\n | | \n | \n\n Property, Plant and Equipment<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n Property, Plant and Equipment<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n 2026<\/b><\/p>\n<\/td>\n | | \n | \n\n Financing<\/b><\/p>\n<\/td>\n | | \n | \n\n Adjusted<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n Adjusted<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n\n \n(Unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n(In thousands)<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nProperty, plant and equipment, at cost<\/p>\n<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| \n \nLand<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,865,369<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,865,369<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,812,820<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBuildings and improvements<\/p>\n<\/td>\n | | \n\n \n10,542,945<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n10,542,945<\/p>\n<\/td>\n | | \n | \n\n \n9,628,271<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFurniture and equipment<\/p>\n<\/td>\n | | \n\n \n1,074,032<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n1,074,032<\/p>\n<\/td>\n | | \n | \n\n \n1,047,475<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRental trailers and other rental equipment<\/p>\n<\/td>\n | | \n\n \n1,206,253<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n1,206,253<\/p>\n<\/td>\n | | \n | \n\n \n1,104,206<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRental trucks<\/p>\n<\/td>\n | | \n\n \n8,554,508<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n8,554,508<\/p>\n<\/td>\n | | \n | \n\n \n7,779,514<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nRight-of-use assets, gross<\/p>\n<\/td>\n | | \n\n \n23,243,107<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n23,243,107<\/p>\n<\/td>\n | | \n | \n\n \n21,372,286<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nLess: Accumulated depreciation<\/p>\n<\/td>\n | | \n\n \n(6,862,662)<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n(6,862,662)<\/p>\n<\/td>\n | | \n | \n\n \n(6,120,988)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nTotal property, plant and equipment, net<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n16,380,445<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n16,380,445<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n15,251,298<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n | \n | \n | \n | \n | \n | \n | \n | \n\n March 31,<\/b><\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n | \n | \n | \n | \n | \n | \n\n 2025<\/b><\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n\n March 31,<\/b><\/p>\n<\/td>\n | | \n | \n\n ROU Assets<\/b><\/p>\n<\/td>\n | | \n | \n\n Property, Plant and Equipment<\/b><\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n\n 2025<\/b><\/p>\n<\/td>\n | | \n | \n\n Financing<\/b><\/p>\n<\/td>\n | | \n | \n\n Adjusted<\/b><\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n\n \n(Unaudited)<\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n\n \n(In thousands)<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nProperty, plant and equipment, at cost<\/p>\n<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| \n \nLand<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,812,820<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,812,820<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nBuildings and improvements<\/p>\n<\/td>\n | | \n\n \n9,628,271<\/p>\n<\/td>\n | | \n | \n\n \n–<\/p>\n<\/td>\n | | \n | \n\n \n9,628,271<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nFurniture and equipment<\/p>\n<\/td>\n | | \n\n \n1,047,414<\/p>\n<\/td>\n | | \n | \n\n \n61<\/p>\n<\/td>\n | | \n | \n\n \n1,047,475<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nRental trailers and other rental equipment<\/p>\n<\/td>\n | | \n\n \n1,046,135<\/p>\n<\/td>\n | | \n | \n\n \n58,071<\/p>\n<\/td>\n | | \n | \n\n \n1,104,206<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nRental trucks<\/p>\n<\/td>\n | | \n\n \n7,470,039<\/p>\n<\/td>\n | | \n | \n\n \n309,475<\/p>\n<\/td>\n | | \n | \n\n \n7,779,514<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nRight-of-use assets, gross<\/p>\n<\/td>\n | | \n\n \n21,004,679<\/p>\n<\/td>\n | | \n | \n\n \n367,607<\/p>\n<\/td>\n | | \n | \n\n \n21,372,286<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nLess: Accumulated depreciation<\/p>\n<\/td>\n | | \n\n \n(5,892,079)<\/p>\n<\/td>\n | | \n | \n\n \n(228,909)<\/p>\n<\/td>\n | | \n | \n\n \n(6,120,988)<\/p>\n<\/td>\n | | <\/tr>\n \n| \n \nTotal property, plant and equipment, net<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n15,112,600<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n138,698<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n15,251,298<\/p>\n<\/td>\n | | <\/tr>\n \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n<\/table>\n Non-GAAP Financial Measures<\/b><\/p>\n \nBelow is a reconciliation of Moving and Storage non-GAAP financial measures as defined under SEC rules, such as earnings before interest, taxes, depreciation, and amortization (“EBITDA”). The Company believes that these widely accepted measures of operating profitability improve the transparency of the Company’s disclosures and provide a meaningful presentation of the Company’s results from its core business operations excluding the impact of items not related to the Company’s ongoing core business operations and improve the period-to-period comparability of the Company’s results from its core business operations. These non-GAAP financial measures are not substitutes for GAAP financial results and should only be considered in conjunction with the Company’s financial information that is presented in accordance with GAAP. The non-GAAP measure reported is Adjusted EBITDA. The table below presents the reconciliation of the trailing twelve months adjusted EBITDA measures to its most directly comparable GAAP measures.<\/p>\n \n\n| \n Moving and Storage Adjusted EBITDA Calculations<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n(In thousands, unaudited)<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \nMarch 31,<\/p>\n<\/td>\n | | \n | \n\n \nDecember 31,<\/p>\n<\/td>\n | | \n | \n\n \nSeptember 30,<\/p>\n<\/td>\n | | \n | \n\n \nJune 30,<\/p>\n<\/td>\n | | \n | \n\n \nMarch 31,<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n\n \n2026<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2025<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \nNet earnings available to common stockholders<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n83,128<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n128,622<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n232,756<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n314,004<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n367,090<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nIncome tax expense<\/p>\n<\/td>\n | | \n\n \n10,341<\/p>\n<\/td>\n | | \n | \n\n \n11,714<\/p>\n<\/td>\n | | \n | \n\n \n48,448<\/p>\n<\/td>\n | | \n | \n\n \n76,156<\/p>\n<\/td>\n | | \n | \n\n \n94,747<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nFees on early extinguishment of debt and costs of defeasance<\/p>\n<\/td>\n | | \n\n \n1,108<\/p>\n<\/td>\n | | \n | \n\n \n189<\/p>\n<\/td>\n | | \n | \n\n \n26<\/p>\n<\/td>\n | | \n | \n\n \n26<\/p>\n<\/td>\n | | \n | \n\n \n495<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nInterest expense<\/p>\n<\/td>\n | | \n\n \n364,868<\/p>\n<\/td>\n | | \n | \n\n \n348,914<\/p>\n<\/td>\n | | \n | \n\n \n330,192<\/p>\n<\/td>\n | | \n | \n\n \n311,609<\/p>\n<\/td>\n | | \n | \n\n \n296,721<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther interest income<\/p>\n<\/td>\n | | \n\n \n(47,597)<\/p>\n<\/td>\n | | \n | \n\n \n(40,881)<\/p>\n<\/td>\n | | \n | \n\n \n(45,759)<\/p>\n<\/td>\n | | \n | \n\n \n(51,899)<\/p>\n<\/td>\n | | \n | \n\n \n(59,489)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther components of net periodic benefit costs<\/p>\n<\/td>\n | | \n\n \n1,383<\/p>\n<\/td>\n | | \n | \n\n \n1,409<\/p>\n<\/td>\n | | \n | \n\n \n1,435<\/p>\n<\/td>\n | | \n | \n\n \n1,462<\/p>\n<\/td>\n | | \n | \n\n \n1,488<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNet (gains) losses on disposal of real estate<\/p>\n<\/td>\n | | \n\n \n8,611<\/p>\n<\/td>\n | | \n | \n\n \n11,915<\/p>\n<\/td>\n | | \n | \n\n \n12,577<\/p>\n<\/td>\n | | \n | \n\n \n11,037<\/p>\n<\/td>\n | | \n | \n\n \n15,758<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nDepreciation, net of (gains) losses on disposals<\/p>\n<\/td>\n | | \n\n \n1,287,021<\/p>\n<\/td>\n | | \n | \n\n \n1,238,114<\/p>\n<\/td>\n | | \n | \n\n \n1,158,986<\/p>\n<\/td>\n | | \n | \n\n \n1,045,648<\/p>\n<\/td>\n | | \n | \n\n \n958,184<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEarnings from subsidiaries<\/p>\n<\/td>\n | | \n\n \n(63,004)<\/p>\n<\/td>\n | | \n | \n\n \n(59,823)<\/p>\n<\/td>\n | | \n | \n\n \n(56,761)<\/p>\n<\/td>\n | | \n | \n\n \n(57,766)<\/p>\n<\/td>\n | | \n | \n\n \n(55,280)<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEBITDA<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,645,859<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,640,173<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,681,900<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,650,277<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,619,714<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\u00a0<\/p>\n ![\"\"](\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260527747120r1&sid=flmnd&distro=nx&lang=en\") <\/p>\n
View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260527747120\/en\/<\/a><\/span><\/p>\nSebastien Reyes
\n<\/b>
Director of Investor Relations
\n<\/b>
U-Haul Holding Company
\n<\/b>
(602) 263-6601
\n<\/b>
Sebastien_Reyes@uhaul.com<\/b><\/a><\/p>\nKEYWORDS:<\/b> United States North America Nevada<\/p>\n INDUSTRY KEYWORDS:<\/b> Trucking Automotive Transport Commercial Building & Real Estate Construction & Property Fleet Management<\/p>\n MEDIA:<\/b><\/p>\n\n\nLogo<\/b><\/font><\/td>\n<\/tr>\n\n | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |