WillScot Holdings

US · WSC #2458 by market cap Listed 1970

16.88 -0.48 -2.77%

Live - 5344 symbols - heartbeat 362s ago · 2026-10-08 04:11

Pre-market 16.84 -0.24%

After-hours 16.88 0.00%

Market cap: 3.06B
P/E (TTM): -45.62
P/B: 3.36
EPS: -0.29
Div yield: 1.66%
52W pos: 14%

Reader sentiment Are you bullish or bearish on WSC?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak

Altman Z-Score is 0.83, below the 1.8 "distress zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -4.77% YoY

Margins

Gross margin: 51.00%
Operating margin: 21.21%
Net margin: -2.32%

Key ratios & quality

Enterprise value: 6.70B
Altman Z-Score: 0.83

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	751.41M	1.06B	1.27B	1.67B	2.14B	2.36B	2.40B	2.28B
Gross profit	289.38M	413.31M	608.43M	844.70M	1.14B	1.33B	1.30B	1.16B
Selling & admin expenses	234.82M	271.00M	338.40M	480.41M	567.49M	596.09M	630.71M	581.76M
Research & development	--	--	--	--	--	--	--	--
Operating profit	45.83M	132.11M	236.57M	300.80M	512.28M	680.21M	585.61M	483.84M
Pretax profit	-68.34M	-123.36M	3.53M	151.42M	365.20M	468.42M	36.60M	-55.42M
Tax	-38.60M	-2.19M	-56.04M	36.53M	88.86M	126.58M	8.48M	-2.43M
Net profit	-29.74M	-121.17M	75.34M	160.14M	339.54M	476.46M	28.13M	-52.99M
Basic EPS	0	-1	0	1	2	2	0	0
Diluted EPS	-0.53	-1.11	0.25	0.69	1.53	2.36	0.15	-0.29

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	559.55M	589.08M	566.84M	565.97M	548.63M	612.15M
Gross profit	300.37M	296.07M	281.62M	285.53M	285.68M	306.26M
Selling & admin expenses	156.77M	145.01M	137.70M	141.89M	154.01M	160.26M
Research & development	--	--	--	--	--	--
Operating profit	119.81M	126.91M	118.91M	118.46M	107.91M	122.94M
Pretax profit	60.97M	67.92M	60.34M	-244.65M	43.06M	64.02M
Tax	17.91M	19.98M	17.01M	-57.33M	14.93M	17.04M
Net profit	43.06M	47.94M	43.33M	-187.32M	28.12M	46.97M
Basic EPS	0	0	0	-1	0	0
Diluted EPS	0.23	0.26	0.24	-1.03	0.15	0.26

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	256.35M	292.59M	421.57M	483.04M	521.04M	569.10M	557.51M	525.05M
Cash & ST investments	8.96M	3.05M	24.94M	6.39M	7.39M	10.96M	9.00M	14.59M
Inventory	16.22M	15.39M	23.73M	29.80M	41.03M	47.41M	47.47M	45.56M
Total assets	2.75B	2.90B	5.57B	5.77B	5.83B	6.14B	6.03B	5.82B
Total current liabilities	269.02M	320.41M	448.67M	517.65M	561.94M	562.02M	585.01M	611.10M
Short-term debt	1.96M	29.13M	64.58M	60.37M	63.82M	76.19M	90.98M	101.85M
Long-term debt	1.67B	1.63B	2.45B	2.67B	3.06B	3.54B	3.68B	3.56B
Total liabilities	2,050,288,000.00	2,342,450,000.00	3,508,332,000.00	3,776,836,000.00	4,262,351,000.00	4,876,665,000.00	5,016,318,000.00	4,959,913,000.00
Total equity	702.20M	555.20M	2.06B	2.00B	1.57B	1.26B	1.02B	856.25M
Retained earnings	-1.68B	-1.83B	-1.75B	-1.59B	-1.25B	-775.09M	-746.96M	-799.95M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	518.45M	530.30M	520.35M	525.05M	529.92M	557.13M
Cash & ST investments	10.68M	12.85M	14.76M	14.59M	15.54M	18.17M
Inventory	47.74M	46.55M	43.45M	45.56M	46.19M	48.93M
Total assets	5.96B	6.10B	6.10B	5.82B	5.81B	5.87B
Total current liabilities	621.37M	655.71M	659.82M	611.10M	670.28M	686.56M
Short-term debt	92.00M	94.80M	98.77M	101.85M	102.09M	102.27M
Long-term debt	3.60B	3.67B	3.59B	3.56B	3.48B	3.46B
Total liabilities	4,950,314,000.00	5,070,108,000.00	5,044,599,000.00	4,959,913,000.00	4,940,132,000.00	4,954,850,000.00
Total equity	1.01B	1.03B	1.06B	856.25M	870.52M	910.66M
Retained earnings	-703.91M	-655.97M	-612.64M	-799.95M	-771.83M	-724.86M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	37.15M	172.57M	304.81M	539.90M	744.66M	761.24M	561.64M	761.99M
Depreciation & amortization	136.47M	189.44M	246.95M	318.20M	343.51M	338.65M	384.97M	430.02M
Free cash flow	-128.36M	-40.88M	115.98M	230.91M	257.86M	512.03M	262.35M	419.97M
Dividends paid	--	--	--	0	--	0	0	-51.12M
Stock buybacks / issuance	--	921.00K	-11.16M	-356.10M	-751.80M	-818.18M	-278.27M	-99.86M
Ending cash balance	8.96M	3.05M	24.94M	12.70M	17.77M	10.96M	9.00M	14.59M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	206.63M	205.31M	191.15M	158.90M	191.06M	162.26M
Depreciation & amortization	97.09M	112.63M	108.06M	112.24M	92.43M	95.26M
Free cash flow	129.44M	113.76M	105.89M	70.88M	85.49M	35.49M
Dividends paid	-12.88M	-12.75M	-12.74M	-12.75M	-12.74M	-12.69M
Stock buybacks / issuance	-22.01M	-41.18M	-9.27M	-27.40M	-7.25M	142.00K
Ending cash balance	10.68M	12.85M	14.76M	14.59M	15.54M	18.17M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	-9.53	-1.73	5.07	7.74	19.06	33.71	2.47	-5.65
ROA %	-2.46	-0.39	1.67	2.82	5.85	7.96	0.46	-0.89
ROIC %	0.01	3.88	4.35	5.11	9.17	12.62	4.03	3.45
5-year avg ROE %	--	--	-10.47	-8.92	1.33	9.02	13.79	11.50
EBIT margin %	-2.91	10.23	10.26	17.29	23.87	28.48	11.02	7.72
FCF / sales %	--	--	8.48	12.19	12.03	21.65	10.95	18.41
Current ratio	0.95	0.91	0.94	0.93	0.93	1.01	0.95	0.86
Quick ratio	0.80	0.79	0.79	0.69	0.74	0.82	0.75	0.67
Debt / assets	60.91	61.43	48.49	50.26	56.57	61.95	65.87	67.07
LT debt / equity	262.38	356.91	127.80	142.31	206.52	295.45	381.35	443.68
Interest coverage	-0.31	0.89	1.17	2.78	3.50	3.28	1.16	0.76
Revenue CAGR (3Y) %	--	--	41.86	30.58	26.29	22.93	12.72	2.11
Net income CAGR (3Y) %	--	--	--	--	--	85.93	-44.00	--
FCF CAGR (3Y) %	--	--	--	--	--	64.05	4.35	17.66

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	1.28	9.82	21.15	-5.65	-7.22	-7.08
ROA %	0.25	1.81	3.68	-0.89	-1.15	-1.15
ROIC %	3.14	5.57	8.00	3.45	2.97	2.65
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	10.70	16.39	23.28	7.72	6.75	6.27
FCF / sales %	11.07	11.55	19.49	18.41	16.56	12.98
Current ratio	0.83	0.81	0.79	0.86	0.79	0.81
Quick ratio	0.66	0.65	0.63	0.67	0.62	0.64
Debt / assets	65.09	64.87	64.05	67.07	65.66	64.69
LT debt / equity	374.60	373.62	359.54	443.68	426.57	405.42
Interest coverage	1.11	1.66	2.29	0.76	0.68	0.65
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Diversified

Modular space leasing revenue is the largest reported line at 41.96% of revenue, across 7 reported segments.
No single line clears half of revenue; Delivery and installation revenue is next at 22.19%, spreading the business across more than one real driver.

Revenue breakdown most recent period

Business

Modular space leasing revenue41.96%

Delivery and installation revenue22.19%

Value-added products and services (VAPS) and third party leasing revenues16.89%

Portable storage leasing revenue12.24%

New unit sales revenue2.38%

Other leasing-related revenue2.37%

Rental unit sales revenue1.97%

Quote time 2026-10-08 04:11:51 · For reference only, not investment advice and not tailored to your situation.