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Contact : Sebastien Reyes Director of Investor Relations AMERCO ( 602 ) 263-6601 Sebastien Reyes@uhaul.com AMERCO REPORTS THIRD QUARTER FISCAL 2021 FINANCIAL RESULTS RENO , Nev . ( February 3 , 2021 ) -- AMERCO ( Nasdaq : UHAL ) , parent of U - Haul International , Inc. , Oxford Life Insurance Company , Repwest Insurance Company and Amerco Real Estate Company , today reported net earnings available to shareholders for its third quarter ended December 31 , 2020 , of $ 183.0 million , or $ 9.33 per share , compared with net earnings of $ 30.9 million , or $ 1.58 per share , for the same period last year . For the nine - month period ended December 31 , 2020 , net earnings available to shareholders were $ 537.1 million , or $ 27.39 per share , compared with net earnings of $ 319.7 million , or $ 16.31 per share , for the same period last year . " Our investments over the past few years have positioned us to serve new and existing moving and self - storage customers during a time when the public has particularly needed U - Haul , ” stated Joe Shoen , chairman of AMERCO . “ Most of our marketplaces are very competitive . Our team must keep its eye on the ball to meet current demand and build for the future . " Highlights of Third Quarter Fiscal 2021 Results • Self - moving equipment rental revenues increased $ 186.7 million or 30 % during the third quarter of fiscal 2021 , compared with the third quarter of fiscal 2020. Transactions along with average revenue per transaction increased for both our In - town and one - way markets . During the quarter , we experienced an increase in the volume of our Corporate Account business . Compared with the same period last year , we increased the number of retail locations , independent dealers , box trucks and trailers in the rental fleet . Self - storage revenues increased $ 16.3 million , or 15 % during the third quarter of fiscal 2021 , compared with the third quarter of fiscal 2020. The average monthly number of occupied units increased by 20 % , or 65,000 units , during the third quarter of fiscal 2021 compared with the same period last year . The growth in revenues and square feet rented comes from a combination of occupancy gains at existing locations and from the addition of new capacity to the portfolio . Over the last twelve months , we added approximately 4.1 million net rentable square feet , or a 10 % increase , with approximately 1.0 million of that coming on during the third quarter of fiscal 2021 . Sales of self - moving and self - storage products and services increased $ 20.1 million , or 37 % compared with the third quarter of fiscal 2021 due to increased sales of hitches , moving supplies and propane . 1