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) Operating margin

Alert me on Operating margin

WillScot Holdings Corporation's operating margin over the twelve months to 30 September 2026 was 6.73%, down 1.2 percentage points from fiscal 2025 (7.95%). Over the past ten years it has ranged from −13.1% (fiscal 2017) to 28.5% (fiscal 2023); the current reading is higher than 45% of that period. That is below the Rental & Leasing Services industry median of 8.37% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 7.95% (3.07)
FY2024 11.0% (17.46)
FY2023 28.5% 4.61
FY2022 23.9% 5.92
FY2021 18.0% 5.24
FY2020 12.7% 1.66
FY2019 11.1% 10.22
FY2018 0.83% 13.91
FY2017 −13.1% (12.33)
FY2016 −0.75% 3.83

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 21.0% 1.80
Jun 2026 19.2% 1.57
Mar 2026 17.6% 50.07
Dec 2025 −32.5% (53.41)
35 more quarters

Against its own ten years

Low −13.1% High 28.5%
Ten-year median 11.0%
Current reading's percentile 25

Operating margin against peers

Company Operating margin
EQPT EquipmentShare.com Inc. compare 33.6%
GATX GATX Corporation compare 29.9%
MGRC McGrath RentCorp compare 25.7%
HRI Herc Holdings Inc. compare 13.8%
PRG Aaron's Holdings Company, Inc. compare 8.52%
CTOS Custom Truck One Source, Inc. compare 8.21%
CAR Avis Budget Group, Inc. compare 7.10%
WSC WillScot Holdings Corporation 6.73%
VSTS Vestis Corporation compare 3.64%
Rental & Leasing Services industry median 8.37%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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