WillScot Holdings Corporation (WSC) quarterly cash flow statement — complete operating, investing & financing history
WillScot Holdings Corporation (WSC) cash flow statement — 11-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 197.97M | 162.26M | 191.06M | 158.9M | 191.15M | 205.31M | 206.63M | 178.92M | -1.56M | 175.61M | 208.68M | 219.32M | 191M | 202.16M | 148.76M | 200.42M | 210.38M | 188.33M | 145.53M | 147.85M |
| Operating CF Margin % | 32.92% | 26.51% | 34.82% | 28.07% | 33.72% | 34.85% | 36.93% | 29.7% | -0.26% | 29.05% | 35.54% | 35.81% | 31.58% | 34.73% | 26.31% | 39.28% | 36.4% | 36.02% | 32.26% | 28.55% |
| Operating CF Growth % | 3.57% | -20.97% | -7.53% | -11.19% | 12337.58% | 16.91% | -0.98% | -18.42% | -100.82% | -13.13% | 40.27% | 9.43% | -9.21% | 7.34% | 2.23% | 35.56% | 61.28% | 34.96% | 19.21% | 13.98% |
| Net Income | 51.58M | 46.97M | 28.12M | -187.32M | 43.33M | 47.94M | 43.05M | 89.22M | -70.47M | -46.85M | 56.24M | 86.33M | 91.52M | 87.73M | 210.88M | 86.4M | 78.18M | 73.38M | 51.17M | 74.22M |
| Depreciation & Amortization | 97.59M | 95.26M | 92.43M | 112.24M | 108.06M | 112.63M | 97.09M | 99.08M | 99.32M | 93.75M | 92.83M | 95.73M | 84.8M | 81.8M | 76.33M | 86.14M | 106.28M | 86.23M | 81.82M | 82.67M |
| Stock-Based Compensation | 7.5M | 7.89M | 7.11M | 0 | 9.96M | 8.37M | 8.34M | 7.72M | 9.53M | 9.61M | 9.1M | 8.35M | 8.64M | 9.35M | 8.15M | 6.99M | 0 | 9.29M | 6.39M | 4.51M |
| Deferred Taxes | 17.42M | 15.27M | 8.41M | -37.3M | 29.15M | 6.47M | -5.34M | 2.47M | -24.79M | -31.81M | 8.81M | 23.19M | 27.78M | 26.98M | 63.7M | 44.04M | 25.74M | 18.71M | 12.36M | 8.42M |
| Other Non-Cash Items | 9.02M | 23.84M | 14.88M | 336.03M | 14.63M | 2.68M | 11.83M | 7.11M | 19.74M | 141.02M | 10.15M | 7.7M | 5.32M | 8.95M | -160.17M | 1.87M | 10.12M | 3.63M | 9.86M | 14.42M |
| Working Capital Changes | 14.86M | -26.97M | 40.11M | -64.76M | -13.98M | 27.21M | 51.65M | -26.67M | -34.89M | 9.89M | 31.55M | -1.97M | -27.06M | -12.65M | -50.13M | -25.01M | -9.93M | -2.91M | -16.08M | -36.4M |
| Change in Receivables | -4.05M | -47.07M | -20.85M | -11.51M | -7.76M | -17.64M | 17.66M | 3.98M | -25.8M | -4.6M | -8.1M | 8.9M | -36.62M | -37.69M | -10.95M | 7.43M | -41.16M | -48.67M | -12.06M | -11.46M |
| Change in Inventory | -2.07M | -2.78M | -828K | -1.84M | 3.17M | 762K | -232K | 4.87M | -2.95M | -2.08M | -366K | -2.68M | 1.67M | -1.92M | -350K | 1.28M | -4.33M | -2.17M | -7.12M | -1.77M |
| Change in Payables | 19.19M | 4.83M | 54.27M | -30.08M | -7.75M | 43.14M | 0 | 0 | -18.84M | 0 | 0 | 0 | 0 | 12.99M | -32.69M | 0 | 8.81M | 35.99M | -1.24M | -18.56M |
| Cash from Investing | -122.75M | -113M | -84.53M | -67.81M | -76.57M | -208.14M | -64.95M | -93.68M | -75.34M | -82.36M | -110.97M | -132.48M | -376M | -113.47M | 271.95M | -83.4M | 87.81M | -165.38M | -148.36M | -187.46M |
| Capital Expenditures | -139.31M | -4.74M | -3.63M | -88.01M | -69.55M | -6.29M | -77.19M | -76.18M | -72.72M | -71.42M | -78.97M | -66.36M | -68.95M | -60.03M | -53.86M | -96.08M | -145.08M | -139.93M | -105.72M | -109.97M |
| CapEx % of Revenue | 23.17% | 0.77% | 0.66% | 15.55% | 12.27% | 1.07% | 13.79% | 12.64% | 12.09% | 11.81% | 13.45% | 10.84% | 11.4% | 10.31% | 9.53% | 18.83% | 25.1% | 26.76% | 23.43% | 21.23% |
| Acquisitions | 0 | -22.44M | 20.9M | 20.25M | -7.57M | -133.75M | -3.06M | -36.76M | -13.89M | -27.18M | -43.4M | -79.44M | -332.77M | -70.92M | -78.5M | -11.96M | 232.88M | -46.47M | -57.46M | -90.93M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 16.88M | 146.67M | -101.94M | 0 | 554K | -68.7M | 15.35M | 20.82M | 14.16M | 16.69M | 14.2M | 13.32M | 25.72M | 17.48M | 412.03M | 24.64M | 0 | 21.02M | 14.81M | 13.44M |
| Cash from Financing | -78.52M | -46.27M | -105M | -91.68M | -112.9M | 3.99M | -139.93M | -86.89M | 82.43M | -100.04M | -95.62M | -81.85M | 183.18M | -97.17M | -423.09M | -115.64M | -292.92M | -22.39M | 1.59M | 41.05M |
| Debt Issued (Net) | -67.58M | -19.39M | -83.11M | -32.51M | -90.86M | 61.07M | -92.89M | 61.92M | 137.24M | -16.2M | -81.17M | 58.2M | 415.49M | 143.69M | -198M | 122.94M | -74.32M | 228.09M | 88.28M | 89.02M |
| Equity Issued (Net) | 5.52M | 142K | -7.25M | -17.14M | -9.27M | -43.41M | -19.78M | -139.96M | -51.79M | -78.56M | 69K | -139.52M | -222.28M | -240.79M | -215.1M | -235.7M | -189.1M | -242.59M | -90M | -42.85M |
| Dividends Paid | -12.82M | -12.69M | -12.74M | -12.75M | -12.74M | -12.75M | -12.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -35K | 0 | -7.25M | -17.36M | -9.27M | -51.22M | -22.01M | -140.09M | -51.67M | -78.68M | 0 | -140.02M | -221.87M | -241.2M | -215.1M | -236.11M | -196.46M | -241.52M | -77.71M | -43.02M |
| Other Financing | -3.63M | -14.34M | -1.9M | -29.29M | -26K | -928K | -14.38M | -8.84M | -3.02M | -5.29M | -14.52M | -533K | -10.04M | -68K | -9.99M | -2.89M | -29.5M | -7.88M | 3.31M | -5.12M |
| Net Change in Cash | -3.06M | 2.62M | 956K | -170K | 1.91M | 2.17M | 1.68M | -2.04M | 5.12M | -7.22M | 2.19M | 5.17M | -1.87M | -8.26M | -1.86M | 2.33M | 3.74M | 385K | -1.38M | 1.38M |
| Free Cash Flow | 58.66M | 157.52M | 187.43M | 70.88M | 121.6M | 199.03M | 129.44M | 102.73M | -74.28M | 104.19M | 129.71M | 152.96M | 122.05M | 142.12M | 94.9M | 104.34M | 65.31M | 48.4M | 39.81M | 37.88M |
| FCF Margin % | 9.75% | 25.73% | 34.16% | 12.52% | 21.45% | 33.79% | 23.13% | 17.05% | -12.35% | 17.23% | 22.09% | 24.98% | 20.18% | 24.42% | 16.78% | 20.45% | 11.3% | 9.26% | 8.82% | 7.31% |
| FCF Growth % | -51.76% | -20.85% | 44.8% | -31% | 263.71% | 91.02% | -0.2% | -32.83% | -160.86% | -26.69% | 36.67% | 46.6% | 86.88% | 193.63% | 138.38% | 175.45% | -2.07% | -24.51% | -36.03% | -47.56% |
| FCF per Share | 0.32 | 0.87 | 1.03 | 0.39 | 0.67 | 1.08 | 0.70 | 0.55 | -0.39 | 0.55 | 0.67 | 0.79 | 0.61 | 0.70 | 0.45 | 0.49 | 0.30 | 0.21 | 0.17 | 0.16 |
| FCF Conversion (FCF/Net Income) | 3.84x | 3.45x | 6.79x | -0.85x | 4.41x | 4.28x | 4.80x | 2.01x | 0.02x | -3.75x | 3.71x | 2.54x | 2.09x | 2.30x | 0.71x | 2.32x | 1.64x | 2.57x | 2.84x | 1.99x |
| Interest Paid | 137.34M | -32.61M | 32.61M | 0 | 35.86M | 59.38M | 44.31M | 74.45M | 32.18M | 66.34M | 43.18M | 49.56M | 49.18M | 46.55M | 39.57M | 42.23M | 0 | 37.78M | 22.2M | 37.36M |
| Taxes Paid | 8.69M | -1.04M | 1.04M | 0 | 3.72M | 6.27M | 4.54M | 2.89M | 6.63M | 35.11M | 952K | 10.19M | 7.71M | 9.4M | 5.65M | 7.49M | 0 | 8M | 2.61M | 3.73M |