WillScot Holdings Corporation (WSC) Revenue History
Annual and quarterly revenue from 2015 to present
WSC Revenue Over Time (2015–2025)
WSC Revenue Growth History
8 of 10 years with positive growth- FY2015 revenue growth
- N/A
- FY2016 revenue growth
- -5.9%
- FY2017 revenue growth
- +4.5%
- FY2018 revenue growth
- +68.5%
- FY2019 revenue growth
- +41.6%
- FY2020 revenue growth
- +19.7%
- FY2021 revenue growth
- +31.4%
- FY2022 revenue growth
- +28.1%
- FY2023 revenue growth
- +10.4%
- FY2024 revenue growth
- +1.3%
- FY2025 revenue growth
- -4.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $548.6M | -2.0% |
| Q4 2025 | $566.0M | -6.1% |
| Q3 2025 | $566.8M | -5.8% |
| Q2 2025 | $589.1M | -2.6% |
| Q1 2025 | $559.6M | -4.7% |
| Q4 2024 | $602.5M | -1.6% |
| Q3 2024 | $601.4M | -0.6% |
| Q2 2024 | $604.6M | +3.9% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
WSC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
WSC Revenue Analysis (2015–2025)
Current Revenue & Growth
As of June 21, 2026, WillScot Holdings Corporation (WSC) generated trailing twelve-month (TTM) revenue of $2.27 billion, reflecting slight decline in growth of -2.0% year-over-year. The most recent quarter (Q1 2026) recorded $548.6 million in revenue, down 3.1% sequentially.
Historical Growth Trajectory
WSC's 5-year compound annual growth rate (CAGR) stands at +12.4%, indicating consistent double-digit revenue growth. The 3-year CAGR of +2.1% is below the 5-year average, signalling a growth deceleration in recent years. WillScot Holdings Corporation's highest annual revenue of $2.40 billion was recorded in 2024.
Revenue by Segment
WSC's revenue is primarily driven by Leasing and Services (37%), Leasing Revenue (30%), and Modular Space Leasing (17%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Industrials sector peers — including URI (+5.0% YoY), MGRC (+3.1% YoY), and TREX (+5.4% YoY) — WSC has underperformed the peer group in revenue growth. Compare WSC vs URI →
WSC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WSCCurrent | $2.3B | -2.0% | +12.4% | 21.4% | |
 URI | $16.1B | +5.0% | +13.5% | 24.7% | |
 MGRC | $944M | +3.1% | +10.5% | 25.9% | |
 TREX | $1.2B | +5.4% | +5.9% | 22.0% | |
 H | $7.2B | +93.6% | +55.8% | 7.8% | |
 BLDR | $15.2B | -8.3% | +12.2% | 5.2% |
WSC Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.28B | -4.8% | $1.07B | 46.8% | $488.9M | 21.4% |
| 2024 | $2.40B | +1.3% | $1.30B | 54.3% | $263.9M | 11.0% |
| 2023 | $2.36B | +10.4% | $1.33B | 56.4% | $673.5M | 28.5% |
| 2022 | $2.14B | +28.1% | $1.14B | 53.0% | $511.5M | 23.9% |
| 2021 | $1.67B | +31.4% | $844.7M | 50.5% | $300.4M | 18.0% |
| 2020 | $1.27B | +19.7% | $608.4M | 47.8% | $161.8M | 12.7% |
| 2019 | $1.06B | +41.6% | $413.3M | 38.9% | $117.5M | 11.0% |
| 2018 | $751.4M | +68.5% | $289.4M | 38.5% | $6.3M | 0.8% |
| 2017 | $445.9M | +4.5% | $165.6M | 37.1% | $-58,322,000 | -13.1% |
| 2016 | $426.6M | -5.9% | $159.2M | 37.3% | $-688,567 | -0.2% |
| 2015 | $453.3M | - | $162.9M | 35.9% | $-20,772,000 | -4.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
11+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
WSC — Frequently Asked Questions
Quick answers to the most common questions about buying WSC stock.
Is WSC's revenue growth accelerating or slowing?
WSC revenue growth is slowing. TTM revenue is $2.3B, up -2.0% year-over-year — below the 5-year CAGR of +12.4%. The deceleration suggests maturing end-markets or increased competition.
What is WSC's revenue history from 2015 to 2026?
WillScot Holdings Corporation (WSC) revenue history spans 2015 to 2026. TTM revenue as of 2026 is $2.3B, growing at -2.0% YoY. The 5-year CAGR is +12.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is WSC's long-term revenue growth rate (CAGR)?
WillScot Holdings Corporation's 5-year revenue CAGR of +12.4% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -2.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for WSC.
Why does WSC's quarterly revenue fluctuate?
WSC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. WillScot Holdings Corporation's revenue data from 2015 to 2026 shows full historical quarterly detail on this page.
How is WSC's revenue distributed by segment?
WSC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does WSC's revenue compare to industry peers?
WillScot Holdings Corporation (WSC) with TTM revenue of $2.3B and -2.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.