Reportable Segment Information (Table Text Block)

6 Months Ended

Sep. 30, 2025

Table Text Block Supplement [Abstract]


		Moving & Storage Consolidated				Property & Casualty Insurance (a)				Life Insurance (a)				Eliminations					U-Haul Holding Company Consolidated
		(Unaudited)
		(In thousands)
Revenues	$		3,186,686		$		65,612		$		104,207		$		(6,113	)	(b,c)	$		3,350,392

Costs and expenses:
Personnel expenses			627,721				—				—				—					627,721
Equipment maintenance and repair expenses			417,717				—				—				—					417,717
Other operating expenses			173,815				—				—				—					173,815
Other segment items			490,154				25,184				6,419				(4,719	)	(b,c)			517,038
Operating expenses			1,709,407				25,184				6,419				(4,719	)				1,736,291

Commission expenses			238,548				—				—				—					238,548
Cost of product sales			139,830				—				—				—					139,830
Benefits and losses			—				11,236				82,124				—					93,360
Amortization of deferred policy acquisition costs			—				—				9,879				—					9,879
Lease expense			11,052				150				81				(1,338	)	(b)			9,945
Depreciation, net of (gains) losses on disposal			644,617				—				—				—					644,617
Net (gains) losses on disposal of real estate			2,914				—				—				—					2,914
Total costs and expenses			2,746,368				36,570				98,503				(6,057	)				2,875,384

Earnings from operations before equity in earnings of subsidiaries			440,318				29,042				5,704				(56	)				475,008

Equity in earnings of subsidiaries			27,505				—				—				(27,505	)	(d)			—

Earnings from operations			467,823				29,042				5,704				(27,561	)				475,008
Other components of net periodic benefit costs			(691	)			—				—				—					(691	)
Other interest income			20,876				—				—				(192	)	(b)			20,684
Interest expense			(172,691	)			—				(192	)			248		(b)			(172,635	)
Fees on early extinguishment of debt and costs of defeasance			(26	)			—				—				—					(26	)
Pretax earnings			315,291				29,042				5,512				(27,505	)				322,340
Income tax expense			(67,410	)			(5,983	)			(1,066	)			—					(74,459	)
Net earnings available to common stockholders	$		247,881		$		23,059		$		4,446		$		(27,505	)		$		247,881

(a) Balances for the six months ended June 30, 2025
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Assets by operating segment


	Moving & Storage Consolidated		Property & Casualty Insurance		Life Insurance		Eliminations			U-Haul Holding Company Consolidated
	(Unaudited)
	(In thousands)

Total assets as of September 30, 2025	$	18,460,371	$	562,065	$	3,120,354	$	(714,371	)	$	21,428,419
Total assets as of March 31, 2025	$	17,522,952	$	535,032	$	3,066,907	$	(645,721	)	$	20,479,170