Uhaul Net Worth (Updated 2025).

U-Haul, a household name in the moving industry, was founded in 1945 by L.S. Shoen in Ridgefield, Washington. The company’s inception was humble, with Shoen purchasing a struggling truck rental business and renaming it U-Haul, a nod to the “U” in his last name and the “haul” of goods the trucks would carry.

Shoen’s innovative business model quickly set U-Haul apart. He introduced the “one-way” rental concept, allowing customers to pick up a truck in one location and drop it off at another, revolutionizing the way Americans moved across the country. This unique approach, coupled with Shoen’s emphasis on customer service and affordable pricing, propelled U-Haul to fame and solidified its place in the moving industry.

**U-Haul’s Current Net Worth (2025)**

As of 2025, U-Haul International’s net worth is estimated to be around $12 billion, according to the latest available information. This significant figure reflects the company’s extensive growth and success in the moving and storage industry.

**U-Haul’s Career**

Founded in 1945 by Leonard Shoen, U-Haul began as a small trailer-rental company. Today, it has grown into a multi-billion dollar enterprise, operating over 21,000 locations across North America. The company is known for its innovative self-moving concept and extensive fleet of moving trucks, trailers, and storage units.

**U-Haul’s Other Ventures**

Beyond its core moving and storage services, U-Haul has diversified its business. It offers moving supplies, portable storage containers, and even auto transport services. The company also provides moving labor assistance and professional packing services. Additionally, U-Haul has expanded into real estate, owning and operating numerous self-storage facilities and moving centers.

**U-Haul’s Assets**

U-Haul’s vast fleet is one of its most valuable assets. As of 2021, the company owns over 160,000 moving trucks and 120,000 trailers. Furthermore, U-Haul’s extensive network of locations, including company-owned facilities and dealerships, contributes significantly to its overall worth. The company also holds substantial real estate assets, including moving centers and self-storage facilities.

**U-Haul’s Annual Income**

U-Haul generates a substantial annual income. In 2020, the company reported a revenue of over $3 billion, demonstrating its financial strength and market dominance. This figure is a testament to the company’s consistent growth and the ongoing demand for its services.

Frequently Asked Questions about  Uhaul

Frequently Asked Questions: U-Haul Net Worth

1. What is U-Haul’s net worth?

U-Haul’s net worth is estimated to be over $10 billion.

2. Who is the owner of U-Haul?

U-Haul is a subsidiary of AMERCO (American Moving and Storage Company), which is owned by the Shoen family.

3. When was U-Haul founded?

U-Haul was founded in 1945 by Leonard Shoen.

4. How many locations does U-Haul have worldwide?

U-Haul has over 21,000 locations across all 50 states and 10 Canadian provinces.

5. What are some of U-Haul’s main services?

U-Haul offers a variety of services including truck and trailer rentals, self-storage, moving supplies, and hitch installation.

6. Does U-Haul offer one-way rentals?

Yes, U-Haul offers one-way rentals, allowing customers to drop off the rental at a different location.

7. Can I rent a U-Haul without a CDL (Commercial Driver’s License)?

Yes, you can rent a U-Haul truck without a CDL, as long as you have a valid driver’s license and meet their age requirements.

8. Does U-Haul offer insurance for rentals?

Yes, U-Haul offers various insurance options for rentals, including cargo insurance and liability coverage.

9. Can I rent a U-Haul if I’m under 21?

No, you must be at least 21 years old to rent a U-Haul truck or trailer.

10. Does U-Haul have any environmental initiatives?

Yes, U-Haul has several environmental initiatives, including recycling programs, fuel-efficient vehicles, and renewable energy projects.