WillScot Holdings Corporation

WSC Industrials Rental & Leasing Services

WillScot Holdings Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, down 4.77% from fiscal 2024.

Revenue
+6.09%
EPS
+16.7%
Free cash flow
+62.0%
Total debt
−4.65%

Quarter to September 2026, against a year earlier

17.85 1.45 −7.51%
Market cap
$3.2B
P/E
0.0×
Fwd P/E
17.6×
Dividend yield
1.57%
F-score
4/9
Altman Z
0.70
Beneish M
−3.16
Dividend safety
25/100

WillScot Holdings Corporation (WSC) Free cash flow margin

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WillScot Holdings Corporation's free cash flow margin over the twelve months to 30 September 2026 was 30.5%, up 9.1 percentage points from fiscal 2025 (21.4%). Over the past ten years it has ranged from −20.0% (fiscal 2017) to 24.4% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Rental & Leasing Services industry median of 2.91% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 21.4% 7.72
FY2024 13.7% (10.68)
FY2023 24.4% 8.96
FY2022 15.4% (2.69)
FY2021 18.1% 5.36
FY2020 12.8% 10.87
FY2019 1.88% 14.78
FY2018 −12.9% 7.07
FY2017 −20.0% (23.79)
FY2016 3.82% 14.43

Against its own ten years

Low −20.0% High 24.4%
Ten-year median 12.8%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
WSC WillScot Holdings Corporation 30.5%
CAR Avis Budget Group, Inc. compare 21.1%
PRG Aaron's Holdings Company, Inc. compare 11.4%
HRI Herc Holdings Inc. compare 6.08%
VSTS Vestis Corporation compare 5.33%
MGRC McGrath RentCorp compare 2.91%
CTOS Custom Truck One Source, Inc. compare 0.39%
EQPT EquipmentShare.com Inc. compare −33.0%
GATX GATX Corporation compare −201.0%
Rental & Leasing Services industry median 2.91%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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