Amerco (UHAL) financial statements (2021 and earlier)
Company profile
| Business Address |
5555 KIETZKE LANE STE 100 RENO, NV 89511 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| SIC | 751 - Automotive Rental And Leasing, Without Drivers (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 632 | 679 | 770 | 713 | 635 | 490 | 540 | ||
| Cash and cash equivalents | 632 | 674 | 759 | 698 | 601 | 442 | 495 | ||
| Short-term investments | 6 | 10 | 15 | 35 | 48 | 45 | |||
| Receivables | 160 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 103 | 104 | 90 | 82 | 80 | 69 | 67 | ||
| Inventory | 103 | 104 | 90 | 82 | 80 | 69 | 67 | ||
| Prepaid expense | 189 | 174 | 166 | 125 | 134 | 126 | 55 | ||
| Total current assets: | 924 | 957 | 1,185 | 920 | 850 | 685 | 662 | ||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 54 | 54 | 66 | 14 | 14 | ✕ | |||
| Property, plant and equipment | 7,600 | 7,934 | 6,817 | 5,958 | 5,018 | 4,108 | 3,409 | ||
| Long-term investments and receivables | 77 | 75 | |||||||
| Long-term investments | 77 | 75 | |||||||
| Estimated insurance recoveries | 0 | 0 | 0 | 0 | ✕ | ||||
| Total noncurrent assets: | 7,676 | 8,062 | 6,871 | 6,024 | 5,032 | 4,122 | 3,409 | ||
| Other undisclosed assets | 4,394 | 2,872 | 2,691 | 2,462 | 2,269 | 2,065 | 1,928 | ||
| TOTAL ASSETS: | 12,994 | 11,892 | 10,747 | 9,406 | 8,151 | 6,872 | 5,999 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1 | 1 | 1 | 1 | 1 | ||||
| Employee-related liabilities | 1 | 1 | 1 | 1 | 1 | ||||
| Total current liabilities: | 1 | 1 | 1 | 1 | 1 | ||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 40 | 38 | 35 | 30 | 27 | 16 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 16 | ||
| Accounts payable and accrued liabilities | 16 | 15 | 14 | 10 | 9 | ||||
| Liability, pension and other postretirement and postemployment benefits | 25 | 23 | 22 | 20 | 18 | ✕ | |||
| Total noncurrent liabilities: | 40 | 38 | 35 | 30 | 27 | 16 | |||
| Other undisclosed liabilities | 8,891 | 8,158 | 7,300 | 6,750 | 5,869 | 4,961 | 4,456 | ||
| Total liabilities: | 8,891 | 8,199 | 7,338 | 6,786 | 5,899 | 4,988 | 4,472 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 4,103 | 3,692 | 3,409 | 2,620 | 2,251 | 1,884 | 1,527 | ||
| Additional paid in capital | 454 | 453 | 453 | 452 | 452 | 450 | 444 | ||
| Accumulated other comprehensive income (loss) | 40 | (67) | (5) | (51) | (61) | (34) | (54) | ||
| Retained earnings | 4,277 | 3,977 | 3,636 | 2,893 | 2,534 | 2,143 | 1,805 | ||
| Unearned esop shares | (4) | (8) | (7) | (6) | (6) | (1) | |||
| Other undisclosed stockholders' equity attributable to parent | (667) | (667) | (667) | (667) | (667) | (667) | (667) | ||
| Total stockholders' equity: | 4,103 | 3,692 | 3,409 | 2,620 | 2,251 | 1,884 | 1,527 | ||
| TOTAL LIABILITIES AND EQUITY: | 12,994 | 11,892 | 10,747 | 9,406 | 8,151 | 6,872 | 5,999 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,883 | 3,769 | 3,601 | 3,422 | 3,276 | 3,075 | 2,835 | |
| Revenue, net | ✕ | ✕ | 2,771 | 2,645 | 2,576 | 2,416 | 2,214 | |
| Operating leases, income statement, lease revenue | 2,703 | 2,653 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue | (1,222) | (1,167) | (1,029) | (1,111) | (939) | (932) | (917) | |
| Cost of goods and services sold | (160) | (162) | (184) | (176) | (145) | (146) | (127) | |
| Financial services costs | ✕ | ✕ | (185) | (183) | (167) | (159) | (157) | |
| Gross profit: | 2,661 | 2,602 | 2,572 | 2,310 | 2,337 | 2,142 | 1,919 | |
| Operating expenses | (2,094) | (1,981) | (1,808) | (1,568) | (1,470) | (1,479) | (1,288) | |
| Operating income: | 566 | 621 | 764 | 742 | 867 | 663 | 630 | |
| Nonoperating income (Investment Income, Nonoperating) | 87 | 78 | ||||||
| Interest and debt expense | (38) | (142) | (127) | (114) | (98) | (98) | (93) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (118) | (1) | (91) | (78) | ||||
| Income from continuing operations before income taxes: | 410 | 478 | 638 | 628 | 769 | 561 | 538 | |
| Income tax expense (benefit) | 11 | (107) | 153 | (230) | (280) | (205) | (195) | |
| Net income: | 421 | 371 | 791 | 398 | 489 | 357 | 342 | |
| Other undisclosed net loss attributable to parent | (101) | |||||||
| Net income available to common stockholders, diluted: | 321 | 371 | 791 | 398 | 489 | 357 | 342 | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 421 | 371 | 791 | 398 | 489 | 357 | 342 | |
| Other comprehensive income | 425 | 309 | 828 | 408 | 463 | 376 | ||
| Comprehensive income: | 846 | 680 | 1,619 | 806 | 952 | 733 | 342 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (791) | (371) | (791) | (398) | (489) | (357) | (31) | |
| Comprehensive income, net of tax, attributable to parent: | 55 | 309 | 828 | 408 | 463 | 376 | 311 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.