- Full Time Employees
- 16,368
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Address
- 5555 Kietzke Lane Reno NV United States of America 89511
- IPO Date
- Nov 9, 2022
- Business
- Amerco, operating as U-Haul Holding Company, engages primarily in the do-it-yourself moving and storage industry across North America. The company manufactures and rents a comprehensive fleet of moving equipment including trucks, trailers, towing devices, and related accessories; offers self-storage units across multiple locations; and sells moving supplies and services such as boxes, packing materials, propane refilling, and trailer hitch installations. Its operating subsidiaries include U-Haul International, Oxford Life Insurance Company, Repwest Insurance Company, and Amerco Real Estate Company. Founded in 1945 and headquartered in Reno, Nevada, Amerco maintains the largest network in the DIY moving sector with approximately 188,700 trucks and 139,100 trailers in service and a self-storage portfolio of nearly 974,000 units totaling over 82 million square feet as of early 2024. The company serves individuals, families, and small to medium businesses primarily in the United States and Canada.
Recent major company developments include the strategic creation and distribution starting November 2022 of its Series N Non-Voting Common Stock (Ticker UHALV), which was issued through a 9-for-1 stock dividend designed to preserve management's voting control while broadening equity participation. This new stock pays quarterly cash dividends, most recently $0.05 per share declared in August 2025. In the self-storage sector, Amerco has actively expanded its property portfolio through acquisitions including multiple self-storage facilities in Minneapolis, St. Paul, and Kathleen, Georgia, accumulating tens of millions of dollars in purchases through 2024 to increase rentable unit capacity and geographic reach. The company also introduced new trailer products such as the U-Haul Toy Hauler in 2025, enhancing its equipment offering. Amerco continues to integrate digital tools to enhance customer rental and storage management experiences while targeting growth in both moving equipment rentals and the higher-margin self-storage segment.
Amerco operates within the moving and storage industry segments, targeting consumers undergoing local or one-way relocations, as well as customers requiring short or long-term storage. The company’s business model integrates moving equipment rentals with retail sales of moving supplies and ancillary services, complemented by a growing real estate investment arm managing self-storage properties. With a dominant market share of over 50% in the DIY moving market and expanding presence in the self-storage space, Amerco leverages scale, brand recognition, and a vast network of over 23,000 locations to drive business growth. Its strategic focus includes operational efficiency improvements, portfolio expansion through acquisitions, and maintaining leadership in the U.S. and Canadian markets.
Overall, Amerco continues its evolution as U-Haul Holding Company by combining a broad product portfolio, real estate investments, and innovative financial structuring through its non-voting common stock issuance, positioning itself for sustained competitive advantage and operational scalability in the moving and storage industries.