U-Haul Holding Company
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.60B | $3.42B | $3.28B | $3.07B | $2.84B | $2.56B | $2.51B | $2.25B |
| Cost of Revenue | $160.5M | $152.5M | $145.0M | $146.1M | $127.3M | $107.2M | $116.5M | $106.0M |
| Gross Profit | $3.44B | $3.27B | $3.13B | $2.93B | $2.71B | $2.45B | $2.40B | $2.15B |
| Gross Margin | 95.5% | 95.5% | 95.6% | 95.2% | 95.5% | 95.8% | 95.4% | 95.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $765.2M | $743.2M | $866.6M | $663.0M | $630.2M | $499.2M | $416.0M | $377.7M |
| Operating Margin | 21.3% | 21.7% | 26.5% | 21.6% | 22.2% | 19.5% | 16.6% | 16.8% |
| Interest Expense | $126.7M | $113.4M | $97.7M | $97.5M | $92.7M | $90.7M | $90.4M | $88.4M |
| Pretax Income | $637.6M | $628.4M | $768.9M | $561.4M | $537.5M | $408.5M | $325.6M | $289.3M |
| Income Tax Expense | $-153.0M | $229.9M | $279.9M | $204.7M | $195.1M | $143.8M | $120.3M | $105.7M |
| Net Income | $790.6M | $398.4M | $489.0M | $356.7M | $342.4M | $264.7M | $205.4M | $183.6M |
| Net Margin | 22.0% | 11.6% | 14.9% | 11.6% | 12.1% | 10.3% | 8.2% | 8.2% |
| EPS (Basic) | — | — | — | — | — | $13.56 | $10.09 | $8.80 |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 19.6M | 19.6M | 19.6M | 19.6M | 19.6M | 19.6M | 19.5M | 19.4M |
| Shares Outstanding (Diluted) | 19.6M | 19.6M | 19.6M | 19.6M | 19.6M | 19.6M | 19.5M | 19.4M |
| Dividends Per Share | $0.50 | $1.00 | — | — | — | — | $1.00 | $0.00 |