
U-Haul: Faces Profitability Headwinds, Needs To Be Broken Up
U-Haul Holding Company offers significant upside if management pursues a breakup, with sum-of-the-parts valuation far exceeding current market price. Despite recent revenue growth, UHAL faces profitability headwinds from rising depreciation, operating expenses, and self-storage oversupply impacting occupancy rates. Cash flow metrics for UHAL are robust, with adjusted operating cash flow rising to $548.5 million in the latest quarter, supporting the investment case.


















