U-Haul Holding Q3 net earnings $67.2M, down from $99.2M YoY; EPS $0.35 vs $0.51

U-Haul Holding Co /NV/

Net earnings $67.2M ($0.35/sh) for Q3 FY25 vs $99.2M ($0.51/sh) a year ago; nine-month earnings $449.4M vs $629.6M.
Moving & Storage EBITDA (adj.) grew $47.8M to $376.7M; self-storage revenue up 7.9%, moving equipment rental revenue up 4.6%.
Gains on equipment disposal fell $32.7M, fleet depreciation rose $34.2M, partly offset by $10.2M lower maintenance costs.
Cash/credit availability at Moving & Storage segment $1,348.1M at Dec 31, 2024, down from $1,886.3M at Mar 31, 2024.
Declared cash dividend of $0.05 per Non-Voting share paid Dec 27, 2024.

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