WillScot Holdings Corporation (WSC) 10-Year Financial Performance & Capital Metrics

WSC • • Industrial / General

IndustrialsRental & LeasingSpecialized Equipment & Modular SolutionsModular Building & Storage Solutions

AboutWillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers. The company leases modular space and portable storage units to customers in the construction, commercial and industrial, retail and wholesale trade, energy and natural resources, education, government and institutions, and healthcare markets. The company offers its solutions primarily under the WillScot and Mobile Mini brand names. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. WillScot Mobile Mini Holdings Corp. is headquartered in Phoenix, Arizona.Show more

Revenue $2.4B +1.3%
EBITDA $649M -35.9%
Net Income $28M -94.1%
EPS (Diluted) 0.15 -93.6%
Gross Margin 54.34% -3.7%
EBITDA Margin 27.09% -36.7%
Operating Margin 11.02% -61.3%
Net Margin 1.17% -94.2%
ROE 2.47% -92.7%
ROIC 3.94% -61.3%
Debt/Equity 3.90 +29.4%
Interest Coverage 1.16 -64.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.6%
✓Good 3Y average ROE of 18.4%
✓Share count reduced 5.7% through buybacks
✓Healthy 5Y average net margin of 10.5%

✗Weaknesses

✗High debt to equity ratio of 3.9x
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y17.63%

3Y12.71%

TTM-3.64%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-44%

TTM785.59%

EPS CAGR

10Y-

5Y-

3Y-39.87%

TTM1000%

ROCE

10Y Avg3.1%

5Y Avg7.38%

3Y Avg8.98%

Latest4.79%

Peer Comparison

Modular Building & Storage Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
WSCWillScot Holdings Corporation	4.08B	22.42	149.47	1.31%	9.64%	21.09%	6.43%	3.90
MGRCMcGrath RentCorp	2.74B	111.26	11.80	9.51%	15.62%	12.16%	12.2%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	453.33M	426.61M	445.94M	751.41M	1.06B	1.27B	1.67B	2.14B	2.36B	2.4B
Revenue Growth %	-	-0.06%	0.05%	0.68%	0.42%	0.2%	0.31%	0.28%	0.1%	0.01%
Cost of Goods Sold+	290.39M	267.44M	280.37M	462.03M	650.35M	664.56M	828.28M	1.01B	1.03B	1.09B
COGS % of Revenue	0.64%	0.63%	0.63%	0.61%	0.61%	0.52%	0.5%	0.47%	0.44%	0.46%
Gross Profit+	162.94M	159.17M	165.57M	289.38M	413.31M	608.43M	844.7M	1.14B	1.33B	1.3B
Gross Margin %	0.36%	0.37%	0.37%	0.39%	0.39%	0.48%	0.5%	0.53%	0.56%	0.54%
Gross Profit Growth %	-	-0.02%	0.04%	0.75%	0.43%	0.47%	0.39%	0.34%	0.17%	-0.02%
Operating Expenses+	162.03M	688.57K	173.83M	263.6M	295.79M	446.63M	544.33M	624M	660.41M	1.04B
OpEx % of Revenue	0.36%	0%	0.39%	0.35%	0.28%	0.35%	0.33%	0.29%	0.28%	0.43%
Selling, General & Admin	139.35M	688.57K	162.35M	254.87M	271M	338.39M	480.41M	567.49M	596.09M	630.71M
SG&A % of Revenue	0.31%	0%	0.36%	0.34%	0.25%	0.27%	0.29%	0.26%	0.25%	0.26%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	22.68M	0	-2.83M	4.57M	24.78M	108.24M	63.92M	56.51M	64.32M	407.22M
Operating Income+	-20.77M	-688.57K	-58.32M	6.26M	117.53M	161.79M	300.38M	511.48M	673.46M	263.92M
Operating Margin %	-0.05%	-0%	-0.13%	0.01%	0.11%	0.13%	0.18%	0.24%	0.28%	0.11%
Operating Income Growth %	-	0.97%	-83.7%	1.11%	17.77%	0.38%	0.86%	0.7%	0.32%	-0.61%
EBITDA+	116.12M	77.31M	22.97M	141.3M	306.96M	408.74M	618.58M	854.99M	1.01B	648.89M
EBITDA Margin %	0.26%	0.18%	0.05%	0.19%	0.29%	0.32%	0.37%	0.4%	0.43%	0.27%
EBITDA Growth %	-	-0.33%	-0.7%	5.15%	1.17%	0.33%	0.51%	0.38%	0.18%	-0.36%
D&A (Non-Cash Add-back)	136.89M	78M	81.29M	135.04M	189.44M	246.95M	318.2M	343.51M	338.65M	384.97M
EBIT	-10.99M	7.04M	-46.09M	5.89M	-852K	122.85M	267.78M	511.48M	673.46M	263.92M
Net Interest Income+	-82.25M	0	-107.08M	-98.43M	-122.5M	-119.32M	-116.36M	-146.28M	-205.04M	-227.31M
Interest Income	9.78M	1.25M	12.23M	0	0	0	0	0	0	0
Interest Expense	92.03M	0	119.31M	98.43M	122.5M	119.32M	116.36M	146.28M	205.04M	227.31M
Other Income/Expense	-82.25M	-86.94M	-107.08M	-98.43M	-240.88M	-158.26M	-148.95M	-146.28M	-205.04M	-227.31M
Pretax Income+	-103.02M	562.66K	-165.4M	-92.17M	-123.36M	3.53M	151.42M	365.2M	468.42M	36.6M
Pretax Margin %	-0.23%	0%	-0.37%	-0.12%	-0.12%	0%	0.09%	0.17%	0.2%	0.02%
Income Tax+	-34.07M	-24.5M	-936K	-38.6M	-2.19M	-56.04M	36.53M	88.86M	126.58M	8.47M
Effective Tax Rate %	0.69%	1%	0.89%	0.53%	0.98%	20.98%	1.06%	0.93%	1.02%	0.77%
Net Income+	-71.59M	562.66K	-147.7M	-49.04M	-120.74M	74.13M	160.14M	339.54M	476.46M	28.13M
Net Margin %	-0.16%	0%	-0.33%	-0.07%	-0.11%	0.06%	0.1%	0.16%	0.2%	0.01%
Net Income Growth %	-	1.01%	-263.51%	0.67%	-1.46%	1.61%	1.16%	1.12%	0.4%	-0.94%
Net Income (Continuing)	-68.95M	-63.13M	-164.46M	-53.57M	-121.17M	59.57M	114.89M	276.34M	341.84M	28.13M
Discontinued Operations	0	32.2M	14.65M	0	0	15.77M	45.25M	63.2M	134.61M	0
Minority Interest	0	0	48.93M	63.98M	64.59M	0	0	0	0	0
EPS (Diluted)+	-4.82	0.01	-2.12	-0.55	-0.11	0.25	0.69	1.37	2.36	0.15
EPS Growth %	-	1%	-	0.74%	0.8%	3.27%	1.76%	0.99%	0.72%	-0.94%
EPS (Basic)	-4.82	0.04	-7.47	-0.56	-0.11	0.44	0.71	1.40	2.40	0.15
Diluted Shares Outstanding	14.85M	62.5M	69.7M	88.95M	108.68M	177.27M	232.79M	221.4M	201.85M	190.29M
Basic Shares Outstanding	14.85M	14.85M	19.76M	87.21M	108.68M	169.23M	226.52M	216.81M	198.55M	188.1M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.01M	261.5K	127.78M	256.35M	292.59M	421.57M	483.04M	521.04M	569.1M	557.51M
Cash & Short-Term Investments	1.01M	188.06K	9.19M	8.96M	3.04M	24.94M	6.39M	7.39M	10.96M	9M
Cash Only	1.01M	188.06K	9.19M	8.96M	3.04M	24.94M	6.39M	7.39M	10.96M	9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	101.43M	97.68M	206.62M	247.6M	330.94M	351.29M	409.77M	451.13M	430.38M
Days Sales Outstanding	-	86.78	79.95	100.37	84.96	94.89	76.64	69.8	69.63	65.57
Inventory	10.69M	8.94M	10.08M	16.22M	15.39M	23.73M	29.8M	41.03M	47.41M	47.47M
Days Inventory Outstanding	13.44	12.2	13.13	12.81	8.64	13.03	13.13	14.87	16.78	15.84
Other Current Assets	0	-110.36M	6M	15.35M	13.15M	12M	58.81M	62.85M	59.6M	70.66M
Total Non-Current Assets+	500.09M	501.34M	1.28B	2.5B	2.61B	5.15B	5.29B	5.31B	5.57B	4.92B
Property, Plant & Equipment	97.72M	899.12M	1.12B	2.11B	2.24B	3.47B	3.25B	3.6B	3.97B	696.21M
Fixed Asset Turnover	4.64x	0.47x	0.40x	0.36x	0.48x	0.37x	0.51x	0.59x	0.60x	3.44x
Goodwill	61.78M	56.81M	28.61M	247.02M	235.18M	1.17B	1.01B	1.01B	1.18B	1.2B
Intangible Assets	157.72M	125M	126.26M	131.8M	126.63M	495.95M	442.88M	419.13M	419.71M	251.16M
Long-Term Investments	0	256.63M	0	0	0	0	0	0	0	6.67M
Other Non-Current Assets	182.87M	501.34M	4.28M	4.28M	4.44M	16.08M	579.36M	274.7M	4.63M	2.76B
Total Assets+	501.1M	501.6M	1.41B	2.75B	2.9B	5.57B	5.77B	5.83B	6.14B	6.03B
Asset Turnover	0.90x	0.85x	0.32x	0.27x	0.37x	0.23x	0.29x	0.37x	0.39x	0.40x
Asset Growth %	-	0%	1.81%	0.95%	0.05%	0.92%	0.04%	0.01%	0.05%	-0.02%
Total Current Liabilities+	133.46K	75.67K	155.73M	269.02M	320.41M	448.67M	517.64M	561.94M	562.02M	585.01M
Accounts Payable	0	33.08M	57.05M	90.35M	109.93M	106.93M	102.56M	109.35M	86.12M	96.6M
Days Payables Outstanding	-	45.15	74.27	71.38	61.69	58.73	45.2	39.63	30.49	32.23
Short-Term Debt	14.8M	1.89M	1.88M	1.96M	0	16.52M	11.97M	13.32M	18.79M	0
Deferred Revenue (Current)	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-69.26M	-105.75M	0	0	0	50.29M	95.18M	75.44M	45.56M	0
Current Ratio	7.55x	3.46x	0.82x	0.95x	0.91x	0.94x	0.93x	0.93x	1.01x	0.95x
Quick Ratio	-72.56x	-114.66x	0.76x	0.89x	0.87x	0.89x	0.88x	0.85x	0.93x	0.87x
Cash Conversion Cycle	-	53.83	18.81	41.8	31.9	49.2	44.57	45.04	55.92	49.18
Total Non-Current Liabilities+	19.5M	19.5M	770.46M	1.78B	1.87B	3.06B	3.26B	3.7B	4.31B	4.43B
Long-Term Debt	1.37B	1.33B	624.87M	1.67B	1.63B	2.45B	2.67B	3.06B	3.45B	3.56B
Capital Lease Obligations	0	0	36.85M	37.98M	118.43M	183.76M	169.73M	169.62M	281.01M	320.06M
Deferred Tax Liabilities	0	118.17M	139.85M	90.94M	70.69M	307.54M	305.67M	401.45M	554.27M	505.91M
Other Non-Current Liabilities	-1.35B	-1.43B	-17.5M	-6.37M	34.23M	114.55M	111.96M	66.3M	34.02M	41.02M
Total Liabilities	19.63M	19.58M	926.19M	2.05B	2.19B	3.51B	3.78B	4.26B	4.88B	5.02B
Total Debt+	1.38B	1.33B	626.75M	1.68B	1.78B	2.7B	2.9B	3.3B	3.8B	3.98B
Net Debt	1.38B	1.33B	617.56M	1.67B	1.78B	2.68B	2.9B	3.29B	3.79B	3.97B
Debt / Equity	2.87x	2.77x	1.29x	2.39x	2.51x	1.31x	1.45x	2.11x	3.01x	3.90x
Debt / EBITDA	11.90x	17.27x	27.29x	11.86x	5.80x	6.61x	4.69x	3.86x	3.76x	6.13x
Net Debt / EBITDA	11.90x	17.26x	26.89x	11.80x	5.79x	6.55x	4.68x	3.85x	3.75x	6.11x
Interest Coverage	-0.23x	-	-0.49x	0.06x	0.96x	1.36x	2.58x	3.50x	3.28x	1.16x
Total Equity+	481.46M	482.03M	484.55M	702.2M	708.96M	2.06B	2B	1.57B	1.26B	1.02B
Equity Growth %	-	0%	0.01%	0.45%	0.01%	1.91%	-0.03%	-0.22%	-0.19%	-0.19%
Book Value per Share	32.41	7.71	6.95	7.89	6.52	11.64	8.58	7.07	6.25	5.35
Total Shareholders' Equity	481.46M	482.03M	435.62M	638.22M	644.37M	2.06B	2B	1.57B	1.26B	1.02B
Common Stock	476.47M	477.03M	9K	12K	12K	23K	22K	21K	20K	19K
Retained Earnings	-20.81K	541.85K	-1.64B	-1.68B	-1.69B	-1.75B	-1.59B	-1.25B	-775.09M	-746.96M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-55.65M	-57M	-49.5M	-68.03M	-62.77M	-37.21M	-29.07M	-70.12M	-52.77M	-70.63M
Minority Interest	0	0	48.93M	63.98M	64.59M	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	119.86M	431.43K	-1.36M	37.15M	172.57M	304.81M	539.9M	744.66M	761.24M	561.64M
Operating CF Margin %	0.26%	0%	-0%	0.05%	0.16%	0.24%	0.32%	0.35%	0.32%	0.23%
Operating CF Growth %	-	-1%	-4.16%	28.28%	3.65%	0.77%	0.77%	0.38%	0.02%	-0.26%
Net Income	-71.59M	562.66K	-149.81M	-53.57M	-121.17M	75.34M	160.14M	339.54M	476.46M	28.13M
Depreciation & Amortization	136.89M	78M	107.88M	136.47M	189.44M	246.95M	318.2M	343.51M	338.65M	384.97M
Stock-Based Compensation	0	0	2.97M	3.44M	6.69M	9.88M	26.18M	29.61M	34.49M	35.97M
Deferred Taxes	-44.4M	-10.36M	12.96M	-40.19M	-2.62M	-55.16M	36.56M	100.85M	141.64M	-45.32M
Other Non-Cash Items	-57.93M	268.1M	48.13M	6.01M	138.93M	70.97M	58.94M	-14.92M	-138.19M	178.03M
Working Capital Changes	15.83M	-131.23K	-23.48M	-15.01M	-38.69M	-43.17M	-60.13M	-53.93M	-91.81M	-20.13M
Change in Receivables	8.06M	-4.11M	-20.56M	-36.45M	-63.65M	-26.72M	-105.05M	-94.46M	-76.36M	-34.52M
Change in Inventory	-1.23M	550K	682K	-1.24M	869K	2.77M	-9.08M	-12.35M	-3.28M	-529K
Change in Payables	3.95M	-57.79K	39.77M	-14.46M	4.87M	-16.05M	27.31M	9.44M	-14.84M	0
Cash from Investing+	-193.16M	-1.25M	-392.65M	-1.22B	-152.58M	-125.36M	-384.05M	-309.33M	-350M	-362.35M
Capital Expenditures	-184.42M	-71.43M	-116.15M	-165.5M	-213.45M	-188.84M	-309M	-486.8M	-249.21M	-299.29M
CapEx % of Revenue	0.41%	0.17%	0.26%	0.22%	0.2%	0.15%	0.18%	0.23%	0.11%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-8.73M	-1.25M	-39.35M	31.45M	60.86M	46.3M	72.12M	72.48M	468.55M	65.86M
Cash from Financing+	76.76M	-31.39M	396.83M	1.18B	-26.06M	-158.96M	-167.89M	-429.37M	-418.94M	-200.12M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	-25.12M	-36.58M	-10.43M	-117.78M	-10.88M	-22.07M	-20.63M	-31.48M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-64.56M	-71M	-117.51M	-128.36M	-40.88M	115.97M	230.91M	257.86M	512.03M	262.35M
FCF Margin %	-0.14%	-0.17%	-0.26%	-0.17%	-0.04%	0.09%	0.14%	0.12%	0.22%	0.11%
FCF Growth %	-	-0.1%	-0.66%	-0.09%	0.68%	3.84%	0.99%	0.12%	0.99%	-0.49%
FCF per Share	-4.35	-1.14	-1.69	-1.44	-0.38	0.65	0.99	1.16	2.54	1.38
FCF Conversion (FCF/Net Income)	-1.67x	0.77x	0.01x	-0.76x	-1.43x	4.11x	3.37x	2.19x	1.60x	19.97x
Interest Paid	73.96M	0	115.76M	51.99M	118.73M	118.52M	103.8M	130.46M	184.86M	216.15M
Taxes Paid	1.55M	0	1.39M	2.62M	-1.15M	4.23M	9.86M	25.09M	32.95M	45.58M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-14.87%	0.12%	-30.56%	-8.26%	-17.11%	5.35%	7.89%	19.06%	33.71%	2.47%
Return on Invested Capital (ROIC)	-0.84%	-0.03%	-3%	0.27%	3.63%	3.36%	4.68%	7.87%	10.2%	3.94%
Gross Margin	35.94%	37.31%	37.13%	38.51%	38.86%	47.8%	50.49%	53%	56.41%	54.34%
Net Margin	-15.79%	0.13%	-33.12%	-6.53%	-11.35%	5.82%	9.57%	15.85%	20.15%	1.17%
Debt / Equity	2.87x	2.77x	1.29x	2.39x	2.51x	1.31x	1.45x	2.11x	3.01x	3.90x
Interest Coverage	-0.23x	-	-0.49x	0.06x	0.96x	1.36x	2.58x	3.50x	3.28x	1.16x
FCF Conversion	-1.67x	0.77x	0.01x	-0.76x	-1.43x	4.11x	3.37x	2.19x	1.60x	19.97x
Revenue Growth	-	-5.89%	4.53%	68.5%	41.56%	19.68%	31.42%	28.07%	10.37%	1.31%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Leasing and Services	-	-	964.24M	1.28B	1.79B	2.05B	2.27B	2.26B
Leasing and Services Growth	-	-	-	32.29%	40.08%	14.78%	10.74%	-0.54%
Leasing Revenue	-	-	-	-	-	-	-	1.84B
Leasing Revenue Growth	-	-	-	-	-	-	-	-
Modular Space Leasing	-	-	-	596.88M	736.07M	840.93M	953.82M	1.01B
Modular Space Leasing Growth	-	-	-	-	23.32%	14.25%	13.43%	6.00%
Value-Added Product and Services	-	-	-	202.94M	284.9M	343.63M	391.95M	397.64M
Value-Added Product and Services Growth	-	-	-	-	40.39%	20.61%	14.06%	1.45%
Portable Storage Leasing	-	-	-	125.22M	259.31M	361.2M	396.78M	356.87M
Portable Storage Leasing Growth	-	-	-	-	107.09%	39.29%	9.85%	-10.06%
New Units	36.37M	53.6M	59.09M	53.09M	52.88M	40.34M	48.13M	74.5M
New Units Growth	-	47.38%	10.23%	-10.14%	-0.40%	-23.72%	19.31%	54.79%
Other Leasing Related Products and Services	-	-	-	46.62M	60.44M	75.94M	91.38M	74.28M
Other Leasing Related Products and Services Growth	-	-	-	-	29.67%	25.64%	20.33%	-18.72%
Rental Units	21.9M	25.02M	40.34M	380K	55.21M	51.44M	45.52M	62.46M
Rental Units Growth	-	14.23%	61.24%	-99.06%	14428.95%	-6.82%	-11.51%	37.21%
Value Added Services	-	-	-	18.8M	28.5M	25.3M	23.9M	35.2M
Value Added Services Growth	-	-	-	-	51.60%	-11.23%	-5.53%	47.28%
Modular Leasing	-	-	-	1B	1.41B	1.62B	1.83B	-
Modular Leasing Growth	-	-	-	-	41.01%	14.84%	13.09%	-
Modular Delivery and Installation	-	-	220.06M	274.16M	374.68M	429.15M	437.18M	-
Modular Delivery and Installation Growth	-	-	-	24.58%	36.67%	14.54%	1.87%	-
Tank and Pump Solutions	-	-	-	29.8M	71.4M	-	-	-
Tank and Pump Solutions Growth	-	-	-	-	139.63%	-	-	-
Modular Space	265.64M	486.77M	-	-	-	-	-	-
Modular Space Growth	-	83.24%	-	-	-	-	-	-
Modular Deliver and Installation	-	154.56M	-	-	-	-	-	-
Modular Deliver and Installation Growth	-	-	-	-	-	-	-	-
Portable Space	17.48M	21.68M	-	-	-	-	-	-
Portable Space Growth	-	24.04%	-	-	-	-	-	-
Other Leasing Revenue	14.7M	9.78M	-	-	-	-	-	-
Other Leasing Revenue Growth	-	-33.46%	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	396.04M	685.35M	966.77M	1.23B	1.65B	2B	2.22B	2.24B
UNITED STATES Growth	-	73.05%	41.06%	26.97%	34.67%	20.92%	11.04%	1.08%
CANADA	36.36M	50.14M	80.51M	79.63M	116.07M	125.54M	120.12M	125.15M
CANADA Growth	-	37.92%	60.57%	-1.10%	45.76%	8.16%	-4.31%	4.19%
MEXICO	13.55M	15.92M	16.39M	14.19M	14.83M	18.29M	25.08M	27.02M
MEXICO Growth	-	17.51%	2.93%	-13.40%	4.54%	23.30%	37.13%	7.72%

Frequently Asked Questions

Valuation & Price

WillScot Holdings Corporation (WSC) has a price-to-earnings (P/E) ratio of 149.5x. This suggests investors expect higher future growth.

Growth & Financials

WillScot Holdings Corporation (WSC) reported $2.32B in revenue for fiscal year 2024. This represents a 411% increase from $453.3M in 2015.

WillScot Holdings Corporation (WSC) grew revenue by 1.3% over the past year. Growth has been modest.

Yes, WillScot Holdings Corporation (WSC) is profitable, generating $223.5M in net income for fiscal year 2024 (1.2% net margin).

Dividend & Returns

WillScot Holdings Corporation (WSC) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.

WillScot Holdings Corporation (WSC) generated $552.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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WillScot Holdings Corporation (WSC) 10-Year Financial Performance & Capital Metrics

WSC • • Industrial / General

IndustrialsRental & LeasingSpecialized Equipment & Modular SolutionsModular Building & Storage Solutions

Revenue $2.4B +1.3%
EBITDA $649M -35.9%
Net Income $28M -94.1%
EPS (Diluted) 0.15 -93.6%
Gross Margin 54.34% -3.7%
EBITDA Margin 27.09% -36.7%
Operating Margin 11.02% -61.3%
Net Margin 1.17% -94.2%
ROE 2.47% -92.7%
ROIC 3.94% -61.3%
Debt/Equity 3.90 +29.4%
Interest Coverage 1.16 -64.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.6%
✓Good 3Y average ROE of 18.4%
✓Share count reduced 5.7% through buybacks
✓Healthy 5Y average net margin of 10.5%

✗Weaknesses

✗High debt to equity ratio of 3.9x
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y17.63%

3Y12.71%

TTM-3.64%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-44%

TTM785.59%

EPS CAGR

10Y-

5Y-

3Y-39.87%

TTM1000%

ROCE

10Y Avg3.1%

5Y Avg7.38%

3Y Avg8.98%

Latest4.79%

Peer Comparison

Modular Building & Storage Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
WSCWillScot Holdings Corporation	4.08B	22.42	149.47	1.31%	9.64%	21.09%	6.43%	3.90
MGRCMcGrath RentCorp	2.74B	111.26	11.80	9.51%	15.62%	12.16%	12.2%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	453.33M	426.61M	445.94M	751.41M	1.06B	1.27B	1.67B	2.14B	2.36B	2.4B
Revenue Growth %	-	-0.06%	0.05%	0.68%	0.42%	0.2%	0.31%	0.28%	0.1%	0.01%
Cost of Goods Sold+	290.39M	267.44M	280.37M	462.03M	650.35M	664.56M	828.28M	1.01B	1.03B	1.09B
COGS % of Revenue	0.64%	0.63%	0.63%	0.61%	0.61%	0.52%	0.5%	0.47%	0.44%	0.46%
Gross Profit+	162.94M	159.17M	165.57M	289.38M	413.31M	608.43M	844.7M	1.14B	1.33B	1.3B
Gross Margin %	0.36%	0.37%	0.37%	0.39%	0.39%	0.48%	0.5%	0.53%	0.56%	0.54%
Gross Profit Growth %	-	-0.02%	0.04%	0.75%	0.43%	0.47%	0.39%	0.34%	0.17%	-0.02%
Operating Expenses+	162.03M	688.57K	173.83M	263.6M	295.79M	446.63M	544.33M	624M	660.41M	1.04B
OpEx % of Revenue	0.36%	0%	0.39%	0.35%	0.28%	0.35%	0.33%	0.29%	0.28%	0.43%
Selling, General & Admin	139.35M	688.57K	162.35M	254.87M	271M	338.39M	480.41M	567.49M	596.09M	630.71M
SG&A % of Revenue	0.31%	0%	0.36%	0.34%	0.25%	0.27%	0.29%	0.26%	0.25%	0.26%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	22.68M	0	-2.83M	4.57M	24.78M	108.24M	63.92M	56.51M	64.32M	407.22M
Operating Income+	-20.77M	-688.57K	-58.32M	6.26M	117.53M	161.79M	300.38M	511.48M	673.46M	263.92M
Operating Margin %	-0.05%	-0%	-0.13%	0.01%	0.11%	0.13%	0.18%	0.24%	0.28%	0.11%
Operating Income Growth %	-	0.97%	-83.7%	1.11%	17.77%	0.38%	0.86%	0.7%	0.32%	-0.61%
EBITDA+	116.12M	77.31M	22.97M	141.3M	306.96M	408.74M	618.58M	854.99M	1.01B	648.89M
EBITDA Margin %	0.26%	0.18%	0.05%	0.19%	0.29%	0.32%	0.37%	0.4%	0.43%	0.27%
EBITDA Growth %	-	-0.33%	-0.7%	5.15%	1.17%	0.33%	0.51%	0.38%	0.18%	-0.36%
D&A (Non-Cash Add-back)	136.89M	78M	81.29M	135.04M	189.44M	246.95M	318.2M	343.51M	338.65M	384.97M
EBIT	-10.99M	7.04M	-46.09M	5.89M	-852K	122.85M	267.78M	511.48M	673.46M	263.92M
Net Interest Income+	-82.25M	0	-107.08M	-98.43M	-122.5M	-119.32M	-116.36M	-146.28M	-205.04M	-227.31M
Interest Income	9.78M	1.25M	12.23M	0	0	0	0	0	0	0
Interest Expense	92.03M	0	119.31M	98.43M	122.5M	119.32M	116.36M	146.28M	205.04M	227.31M
Other Income/Expense	-82.25M	-86.94M	-107.08M	-98.43M	-240.88M	-158.26M	-148.95M	-146.28M	-205.04M	-227.31M
Pretax Income+	-103.02M	562.66K	-165.4M	-92.17M	-123.36M	3.53M	151.42M	365.2M	468.42M	36.6M
Pretax Margin %	-0.23%	0%	-0.37%	-0.12%	-0.12%	0%	0.09%	0.17%	0.2%	0.02%
Income Tax+	-34.07M	-24.5M	-936K	-38.6M	-2.19M	-56.04M	36.53M	88.86M	126.58M	8.47M
Effective Tax Rate %	0.69%	1%	0.89%	0.53%	0.98%	20.98%	1.06%	0.93%	1.02%	0.77%
Net Income+	-71.59M	562.66K	-147.7M	-49.04M	-120.74M	74.13M	160.14M	339.54M	476.46M	28.13M
Net Margin %	-0.16%	0%	-0.33%	-0.07%	-0.11%	0.06%	0.1%	0.16%	0.2%	0.01%
Net Income Growth %	-	1.01%	-263.51%	0.67%	-1.46%	1.61%	1.16%	1.12%	0.4%	-0.94%
Net Income (Continuing)	-68.95M	-63.13M	-164.46M	-53.57M	-121.17M	59.57M	114.89M	276.34M	341.84M	28.13M
Discontinued Operations	0	32.2M	14.65M	0	0	15.77M	45.25M	63.2M	134.61M	0
Minority Interest	0	0	48.93M	63.98M	64.59M	0	0	0	0	0
EPS (Diluted)+	-4.82	0.01	-2.12	-0.55	-0.11	0.25	0.69	1.37	2.36	0.15
EPS Growth %	-	1%	-	0.74%	0.8%	3.27%	1.76%	0.99%	0.72%	-0.94%
EPS (Basic)	-4.82	0.04	-7.47	-0.56	-0.11	0.44	0.71	1.40	2.40	0.15
Diluted Shares Outstanding	14.85M	62.5M	69.7M	88.95M	108.68M	177.27M	232.79M	221.4M	201.85M	190.29M
Basic Shares Outstanding	14.85M	14.85M	19.76M	87.21M	108.68M	169.23M	226.52M	216.81M	198.55M	188.1M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.01M	261.5K	127.78M	256.35M	292.59M	421.57M	483.04M	521.04M	569.1M	557.51M
Cash & Short-Term Investments	1.01M	188.06K	9.19M	8.96M	3.04M	24.94M	6.39M	7.39M	10.96M	9M
Cash Only	1.01M	188.06K	9.19M	8.96M	3.04M	24.94M	6.39M	7.39M	10.96M	9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	101.43M	97.68M	206.62M	247.6M	330.94M	351.29M	409.77M	451.13M	430.38M
Days Sales Outstanding	-	86.78	79.95	100.37	84.96	94.89	76.64	69.8	69.63	65.57
Inventory	10.69M	8.94M	10.08M	16.22M	15.39M	23.73M	29.8M	41.03M	47.41M	47.47M
Days Inventory Outstanding	13.44	12.2	13.13	12.81	8.64	13.03	13.13	14.87	16.78	15.84
Other Current Assets	0	-110.36M	6M	15.35M	13.15M	12M	58.81M	62.85M	59.6M	70.66M
Total Non-Current Assets+	500.09M	501.34M	1.28B	2.5B	2.61B	5.15B	5.29B	5.31B	5.57B	4.92B
Property, Plant & Equipment	97.72M	899.12M	1.12B	2.11B	2.24B	3.47B	3.25B	3.6B	3.97B	696.21M
Fixed Asset Turnover	4.64x	0.47x	0.40x	0.36x	0.48x	0.37x	0.51x	0.59x	0.60x	3.44x
Goodwill	61.78M	56.81M	28.61M	247.02M	235.18M	1.17B	1.01B	1.01B	1.18B	1.2B
Intangible Assets	157.72M	125M	126.26M	131.8M	126.63M	495.95M	442.88M	419.13M	419.71M	251.16M
Long-Term Investments	0	256.63M	0	0	0	0	0	0	0	6.67M
Other Non-Current Assets	182.87M	501.34M	4.28M	4.28M	4.44M	16.08M	579.36M	274.7M	4.63M	2.76B
Total Assets+	501.1M	501.6M	1.41B	2.75B	2.9B	5.57B	5.77B	5.83B	6.14B	6.03B
Asset Turnover	0.90x	0.85x	0.32x	0.27x	0.37x	0.23x	0.29x	0.37x	0.39x	0.40x
Asset Growth %	-	0%	1.81%	0.95%	0.05%	0.92%	0.04%	0.01%	0.05%	-0.02%
Total Current Liabilities+	133.46K	75.67K	155.73M	269.02M	320.41M	448.67M	517.64M	561.94M	562.02M	585.01M
Accounts Payable	0	33.08M	57.05M	90.35M	109.93M	106.93M	102.56M	109.35M	86.12M	96.6M
Days Payables Outstanding	-	45.15	74.27	71.38	61.69	58.73	45.2	39.63	30.49	32.23
Short-Term Debt	14.8M	1.89M	1.88M	1.96M	0	16.52M	11.97M	13.32M	18.79M	0
Deferred Revenue (Current)	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-69.26M	-105.75M	0	0	0	50.29M	95.18M	75.44M	45.56M	0
Current Ratio	7.55x	3.46x	0.82x	0.95x	0.91x	0.94x	0.93x	0.93x	1.01x	0.95x
Quick Ratio	-72.56x	-114.66x	0.76x	0.89x	0.87x	0.89x	0.88x	0.85x	0.93x	0.87x
Cash Conversion Cycle	-	53.83	18.81	41.8	31.9	49.2	44.57	45.04	55.92	49.18
Total Non-Current Liabilities+	19.5M	19.5M	770.46M	1.78B	1.87B	3.06B	3.26B	3.7B	4.31B	4.43B
Long-Term Debt	1.37B	1.33B	624.87M	1.67B	1.63B	2.45B	2.67B	3.06B	3.45B	3.56B
Capital Lease Obligations	0	0	36.85M	37.98M	118.43M	183.76M	169.73M	169.62M	281.01M	320.06M
Deferred Tax Liabilities	0	118.17M	139.85M	90.94M	70.69M	307.54M	305.67M	401.45M	554.27M	505.91M
Other Non-Current Liabilities	-1.35B	-1.43B	-17.5M	-6.37M	34.23M	114.55M	111.96M	66.3M	34.02M	41.02M
Total Liabilities	19.63M	19.58M	926.19M	2.05B	2.19B	3.51B	3.78B	4.26B	4.88B	5.02B
Total Debt+	1.38B	1.33B	626.75M	1.68B	1.78B	2.7B	2.9B	3.3B	3.8B	3.98B
Net Debt	1.38B	1.33B	617.56M	1.67B	1.78B	2.68B	2.9B	3.29B	3.79B	3.97B
Debt / Equity	2.87x	2.77x	1.29x	2.39x	2.51x	1.31x	1.45x	2.11x	3.01x	3.90x
Debt / EBITDA	11.90x	17.27x	27.29x	11.86x	5.80x	6.61x	4.69x	3.86x	3.76x	6.13x
Net Debt / EBITDA	11.90x	17.26x	26.89x	11.80x	5.79x	6.55x	4.68x	3.85x	3.75x	6.11x
Interest Coverage	-0.23x	-	-0.49x	0.06x	0.96x	1.36x	2.58x	3.50x	3.28x	1.16x
Total Equity+	481.46M	482.03M	484.55M	702.2M	708.96M	2.06B	2B	1.57B	1.26B	1.02B
Equity Growth %	-	0%	0.01%	0.45%	0.01%	1.91%	-0.03%	-0.22%	-0.19%	-0.19%
Book Value per Share	32.41	7.71	6.95	7.89	6.52	11.64	8.58	7.07	6.25	5.35
Total Shareholders' Equity	481.46M	482.03M	435.62M	638.22M	644.37M	2.06B	2B	1.57B	1.26B	1.02B
Common Stock	476.47M	477.03M	9K	12K	12K	23K	22K	21K	20K	19K
Retained Earnings	-20.81K	541.85K	-1.64B	-1.68B	-1.69B	-1.75B	-1.59B	-1.25B	-775.09M	-746.96M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-55.65M	-57M	-49.5M	-68.03M	-62.77M	-37.21M	-29.07M	-70.12M	-52.77M	-70.63M
Minority Interest	0	0	48.93M	63.98M	64.59M	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	119.86M	431.43K	-1.36M	37.15M	172.57M	304.81M	539.9M	744.66M	761.24M	561.64M
Operating CF Margin %	0.26%	0%	-0%	0.05%	0.16%	0.24%	0.32%	0.35%	0.32%	0.23%
Operating CF Growth %	-	-1%	-4.16%	28.28%	3.65%	0.77%	0.77%	0.38%	0.02%	-0.26%
Net Income	-71.59M	562.66K	-149.81M	-53.57M	-121.17M	75.34M	160.14M	339.54M	476.46M	28.13M
Depreciation & Amortization	136.89M	78M	107.88M	136.47M	189.44M	246.95M	318.2M	343.51M	338.65M	384.97M
Stock-Based Compensation	0	0	2.97M	3.44M	6.69M	9.88M	26.18M	29.61M	34.49M	35.97M
Deferred Taxes	-44.4M	-10.36M	12.96M	-40.19M	-2.62M	-55.16M	36.56M	100.85M	141.64M	-45.32M
Other Non-Cash Items	-57.93M	268.1M	48.13M	6.01M	138.93M	70.97M	58.94M	-14.92M	-138.19M	178.03M
Working Capital Changes	15.83M	-131.23K	-23.48M	-15.01M	-38.69M	-43.17M	-60.13M	-53.93M	-91.81M	-20.13M
Change in Receivables	8.06M	-4.11M	-20.56M	-36.45M	-63.65M	-26.72M	-105.05M	-94.46M	-76.36M	-34.52M
Change in Inventory	-1.23M	550K	682K	-1.24M	869K	2.77M	-9.08M	-12.35M	-3.28M	-529K
Change in Payables	3.95M	-57.79K	39.77M	-14.46M	4.87M	-16.05M	27.31M	9.44M	-14.84M	0
Cash from Investing+	-193.16M	-1.25M	-392.65M	-1.22B	-152.58M	-125.36M	-384.05M	-309.33M	-350M	-362.35M
Capital Expenditures	-184.42M	-71.43M	-116.15M	-165.5M	-213.45M	-188.84M	-309M	-486.8M	-249.21M	-299.29M
CapEx % of Revenue	0.41%	0.17%	0.26%	0.22%	0.2%	0.15%	0.18%	0.23%	0.11%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-8.73M	-1.25M	-39.35M	31.45M	60.86M	46.3M	72.12M	72.48M	468.55M	65.86M
Cash from Financing+	76.76M	-31.39M	396.83M	1.18B	-26.06M	-158.96M	-167.89M	-429.37M	-418.94M	-200.12M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	-25.12M	-36.58M	-10.43M	-117.78M	-10.88M	-22.07M	-20.63M	-31.48M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-64.56M	-71M	-117.51M	-128.36M	-40.88M	115.97M	230.91M	257.86M	512.03M	262.35M
FCF Margin %	-0.14%	-0.17%	-0.26%	-0.17%	-0.04%	0.09%	0.14%	0.12%	0.22%	0.11%
FCF Growth %	-	-0.1%	-0.66%	-0.09%	0.68%	3.84%	0.99%	0.12%	0.99%	-0.49%
FCF per Share	-4.35	-1.14	-1.69	-1.44	-0.38	0.65	0.99	1.16	2.54	1.38
FCF Conversion (FCF/Net Income)	-1.67x	0.77x	0.01x	-0.76x	-1.43x	4.11x	3.37x	2.19x	1.60x	19.97x
Interest Paid	73.96M	0	115.76M	51.99M	118.73M	118.52M	103.8M	130.46M	184.86M	216.15M
Taxes Paid	1.55M	0	1.39M	2.62M	-1.15M	4.23M	9.86M	25.09M	32.95M	45.58M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-14.87%	0.12%	-30.56%	-8.26%	-17.11%	5.35%	7.89%	19.06%	33.71%	2.47%
Return on Invested Capital (ROIC)	-0.84%	-0.03%	-3%	0.27%	3.63%	3.36%	4.68%	7.87%	10.2%	3.94%
Gross Margin	35.94%	37.31%	37.13%	38.51%	38.86%	47.8%	50.49%	53%	56.41%	54.34%
Net Margin	-15.79%	0.13%	-33.12%	-6.53%	-11.35%	5.82%	9.57%	15.85%	20.15%	1.17%
Debt / Equity	2.87x	2.77x	1.29x	2.39x	2.51x	1.31x	1.45x	2.11x	3.01x	3.90x
Interest Coverage	-0.23x	-	-0.49x	0.06x	0.96x	1.36x	2.58x	3.50x	3.28x	1.16x
FCF Conversion	-1.67x	0.77x	0.01x	-0.76x	-1.43x	4.11x	3.37x	2.19x	1.60x	19.97x
Revenue Growth	-	-5.89%	4.53%	68.5%	41.56%	19.68%	31.42%	28.07%	10.37%	1.31%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Leasing and Services	-	-	964.24M	1.28B	1.79B	2.05B	2.27B	2.26B
Leasing and Services Growth	-	-	-	32.29%	40.08%	14.78%	10.74%	-0.54%
Leasing Revenue	-	-	-	-	-	-	-	1.84B
Leasing Revenue Growth	-	-	-	-	-	-	-	-
Modular Space Leasing	-	-	-	596.88M	736.07M	840.93M	953.82M	1.01B
Modular Space Leasing Growth	-	-	-	-	23.32%	14.25%	13.43%	6.00%
Value-Added Product and Services	-	-	-	202.94M	284.9M	343.63M	391.95M	397.64M
Value-Added Product and Services Growth	-	-	-	-	40.39%	20.61%	14.06%	1.45%
Portable Storage Leasing	-	-	-	125.22M	259.31M	361.2M	396.78M	356.87M
Portable Storage Leasing Growth	-	-	-	-	107.09%	39.29%	9.85%	-10.06%
New Units	36.37M	53.6M	59.09M	53.09M	52.88M	40.34M	48.13M	74.5M
New Units Growth	-	47.38%	10.23%	-10.14%	-0.40%	-23.72%	19.31%	54.79%
Other Leasing Related Products and Services	-	-	-	46.62M	60.44M	75.94M	91.38M	74.28M
Other Leasing Related Products and Services Growth	-	-	-	-	29.67%	25.64%	20.33%	-18.72%
Rental Units	21.9M	25.02M	40.34M	380K	55.21M	51.44M	45.52M	62.46M
Rental Units Growth	-	14.23%	61.24%	-99.06%	14428.95%	-6.82%	-11.51%	37.21%
Value Added Services	-	-	-	18.8M	28.5M	25.3M	23.9M	35.2M
Value Added Services Growth	-	-	-	-	51.60%	-11.23%	-5.53%	47.28%
Modular Leasing	-	-	-	1B	1.41B	1.62B	1.83B	-
Modular Leasing Growth	-	-	-	-	41.01%	14.84%	13.09%	-
Modular Delivery and Installation	-	-	220.06M	274.16M	374.68M	429.15M	437.18M	-
Modular Delivery and Installation Growth	-	-	-	24.58%	36.67%	14.54%	1.87%	-
Tank and Pump Solutions	-	-	-	29.8M	71.4M	-	-	-
Tank and Pump Solutions Growth	-	-	-	-	139.63%	-	-	-
Modular Space	265.64M	486.77M	-	-	-	-	-	-
Modular Space Growth	-	83.24%	-	-	-	-	-	-
Modular Deliver and Installation	-	154.56M	-	-	-	-	-	-
Modular Deliver and Installation Growth	-	-	-	-	-	-	-	-
Portable Space	17.48M	21.68M	-	-	-	-	-	-
Portable Space Growth	-	24.04%	-	-	-	-	-	-
Other Leasing Revenue	14.7M	9.78M	-	-	-	-	-	-
Other Leasing Revenue Growth	-	-33.46%	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	396.04M	685.35M	966.77M	1.23B	1.65B	2B	2.22B	2.24B
UNITED STATES Growth	-	73.05%	41.06%	26.97%	34.67%	20.92%	11.04%	1.08%
CANADA	36.36M	50.14M	80.51M	79.63M	116.07M	125.54M	120.12M	125.15M
CANADA Growth	-	37.92%	60.57%	-1.10%	45.76%	8.16%	-4.31%	4.19%
MEXICO	13.55M	15.92M	16.39M	14.19M	14.83M	18.29M	25.08M	27.02M
MEXICO Growth	-	17.51%	2.93%	-13.40%	4.54%	23.30%	37.13%	7.72%

Frequently Asked Questions

Valuation & Price

WillScot Holdings Corporation (WSC) has a price-to-earnings (P/E) ratio of 149.5x. This suggests investors expect higher future growth.

Growth & Financials

WillScot Holdings Corporation (WSC) reported $2.32B in revenue for fiscal year 2024. This represents a 411% increase from $453.3M in 2015.

WillScot Holdings Corporation (WSC) grew revenue by 1.3% over the past year. Growth has been modest.

Yes, WillScot Holdings Corporation (WSC) is profitable, generating $223.5M in net income for fiscal year 2024 (1.2% net margin).

Dividend & Returns

WillScot Holdings Corporation (WSC) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.

WillScot Holdings Corporation (WSC) generated $552.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.