WillScot Holdings Corporation

NASDAQ•WSC

CEO: Mr. Bradley Lee Soultz

Sector: Industrials

Industry: Rental & Leasing Services

Listing Date: 2015-11-05

WillScot Holdings Corporation designs, delivers, and services onsite and on-demand space solutions in North America. It provides mobile offices, ground level spaces, blast-resistant modules, clearspan structures and complexes, restrooms, containers, climate-controlled storage containers, and portable classrooms. The company also offers space solutions for workspace, collaboration and break, power and connectivity, security and protection, health and safety, and classroom furnishing facilities. It serves customers in energy and industrial, education and government, manufacturing, retail and distribution, healthcare and entertainment, and construction and builder industries. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. WillScot Holdings Corporation is headquartered in Phoenix, Arizona.

Contact Information

4646 East Van Buren Street, Suite 400, Phoenix, AZ, 85008, United States

480-894-6311

www.willscot.com

Market Cap

$3.27B

P/E (TTM)

-61.6

27.8

Dividend Yield

1.6%

52W High

$31.88

52W Low

$14.91

52W Range

18%

Rank52Top 73.5%

2.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$565.97M+0.00%

4-Quarter Trend

EPS

-$1.03+0.00%

4-Quarter Trend

FCF

$70.88M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Declines 4.8% Total revenues reached $2.28B USD, down 4.8% from 2024, driven by lower unit utilization across sectors.

Operating Cash Flow Increased Net cash from operations was $762.0M USD, increasing $200.3M, largely due to prior year merger termination payments.

Net Loss Recorded $53.0M Reported net loss of $53.0M USD, contrasting 2024 net income, heavily impacted by $301.9M restructuring costs.

Fleet Size Stable Post-Optimization Fleet net book value stands at $3.1B USD, comprising 128K modular and 176K portable storage units as of year-end.

Risk Factors

Economic Downturn Impacts Demand Demand sensitive to commercial/construction activity; worsening conditions may reduce unit activations and increase receivable write-offs.

Restructuring Costs Hit Profitability $302.2M restructuring costs recorded for Network Optimization Plan, significantly reducing gross profit and net income results.

Credit Risk Management Critical Increased aged receivable write-offs reduced revenue by $98.6M USD in 2025; credit risk management remains key focus.

Debt Covenants Limit Flexibility Substantial indebtedness level may restrict financing options, capital deployment, and operational flexibility due to ABL Facility covenants.

Outlook

Execute Network Optimization Plan Plan involves exiting 665 acres of real estate over four years, expecting $25M to $30M annual cost reduction starting soon.

Grow Enterprise Accounts Focus Expanding enterprise account teams and developing focused go-to-market strategies targeting key vertical end markets for growth.

Enhance Sales Enablement Technology Plan rollouts in early 2026 include new sales enablement tools, enhanced routing, and e-commerce solution launch for efficiency.

Optimize Capital Allocation Strategy Pursue organic growth, maintain leverage, execute accretive acquisitions, and return capital via dividends and share repurchases.

Peer Comparison

Revenue (TTM)

CAR

$11.65B

-1.2%

SNDR

$5.67B

+7.3%

HRI

$4.38B

+22.6%

Gross Margin (Latest Quarter)

SKYW

60.9%

+37.8pp

MGRC

48.0%

+0.0pp

WSC

46.2%

-8.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
AGX	$6.36B	52.9	31.4%	0.3%
POWL	$6.10B	32.5	30.6%	0.1%
MWA	$4.34B	21.7	21.0%	24.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.4%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:$0.16

Revenue:$520.88M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data