Amerco Stock Split in 2023 [What You Should Know]

Amerco is a parent organization owning multiple growing brands and businesses in its name. The biggest operational company under Amerco is U-Haul (previously named AMERCO) which is known for providing the best moving and storage services and protection of packages. Amerco was founded in 1945 and is headquartered in Nevada, United States. The company offers other successful services including insurance, real estate, and storage space rental services.

What is Amerco’s stock split history?

Amerco is one of the largest privately owned businesses in America and since being established, the company has split its stock only once. Amerco’s only stock split took place in the fourth quarter of 2022. Amerco’s stocks were split in the ratio of 10:1 which means each share of Amerco owned before the split, shareholders would be owners of 10 shares, after the split.  For example, 1,000 shares bought prior to the split in 2022 would equal 10,000 Amerco shares today. Below is a table of Amerco’s stock split history:

DateSplitMultipleCumulative multiple

Why did Amerco split its stock?

According to Amerco’s shareholder committee, the reason they voted on a stock split was to attract and retain stakeholders who are interested in the long-term plans of the company. A stock split also allows them to increase the marketability of their stock by reducing prices, and at the same time, not consuming too many of the company’s resources. In addition to that, Amerco also got the green light to change its name to U-Haul Holding Company to reduce the disconnect between the two names as investors often overlooked Amerco by forgetting it is the parent organization of the most profitable business, U-Haul.

What is Amerco’s market position?

Amerco Stock Split

As of June 2023, the company AMerco is valued at a $9.36 billion market cap. The company’s latest financial reports have revealed that it earned a current revenue of approximately $5.87 billion. Whereas, Amerco’s current revenue in 2022 was 4.87% less, with $5.60 billion in 2022. In addition, Amerco’s current revenue in 2022 was approximately $1.48 billion.


How much debt does Amerco have?

As of March 2023, Amerco’s balance sheet reports a total debt of $6.16 billion.

Who are the largest shareholders of Amerco?

Sophia Shoen owns the most outstanding shares in Amerco with 6.5% shares.

What industry is Amerco in?

According to the services offered by Amerco, the business falls under the category of a Holding Company.

How many employees does Amerco have?

As of March 2023, Amerco is reported to have approximately 29,800 employees.


Amerco is one of America’s largest privately owned businesses with only one stock split under its name. Analysts believe the company has a good future if it can closely follow its long-term plans and overcome its recent failures.