Saturday 17 October 2026 Export WSC’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 3.92%, EPS was flat, free cash flow fell 60.9% and total debt fell 5.53%, each against the same quarter a year earlier.

15.90 0.48 −2.93%

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Market cap: $3.0B
P/E: 0.0×
Fwd P/E: 25.5×
Dividend yield: 1.76%
F-score: 4/9
Altman Z: 0.70
Beneish M: −3.16
Dividend safety: 25/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 4.21

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	1	—	—	—	—	—

Insider Ownership 2.44%

Capital & Financial Ratios $m

Market Cap 2,970.00

Revenue 2,293.59

Net Income (68.89)

Free Cash Flow 371.00

Net Debt 3,477.13

Current Ratio 0.81

Debt/Equity 3.84

P/E ratio 0.00

Fwd P/E 25.50

P/S ratio 1.25

P/B ratio 3.16

Past 5Y EPS Growth —

This Y EPS Growth (6.98%)

Next Y EPS Growth 14.41%

Next Y revenue growth 1.30%

Next 5Y EPS Growth 12.82%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 7.56%

10-year low 10-year high

P/B against its own 10 years 33.63%

10-year low 10-year high

EV/Sales against its own 10 years 5.07%

10-year low 10-year high

EV/FCF against its own 10 years 9.13%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.28

Annual Dividend Yield 1.76%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.28	0.07 0.07 0.07
2025	0.19	0.07 0.07 0.07 0.07
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	11	9	15	18
Receivables	451	430	395	422
Inventory	47	47	46	49
Other	2	23	42	52
	569	558	525	557

	2023	2024	2025	Q'26
Payables	86	97	110	152
ST’ Debt	19	25	31	33
Other	—	—	—	—
	562	585	611	687

Compound Annual Growth %

	10y	5y	3y
Sales	17.54%	12.38%	2.11%
Cash Flow	20.32%	20.11%	0.77%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	(16.13%)	(18.22%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	549	612	—	—	—
’25	560	589	567	566	2,281
’24	587	605	601	603	2,396
’23	565	582	605	612	2,365
’22	451	523	578	591	2,143
’21	425	461	461	326	1,673
’20	256	257	417	343	1,273

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	191	162	—	—	—
’25	207	205	191	159	762
’24	209	176	(2)	179	562
’23	149	202	191	219	761
’22	146	188	210	200	745
’21	122	140	130	148	540
’20	38	75	61	130	305

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	106	51	—	—	—
’25	145	130	122	91	489
’24	144	121	(60)	124	328
’23	103	160	148	166	577
’22	55	69	83	123	330
’21	91	82	78	51	303
’20	8	39	28	87	162

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.15	0.26	—	—	—
’25	0.23	0.26	0.24	(1.03)	(0.29)
’24	0.29	(0.25)	(0.37)	0.48	0.15
’23	1.00	0.43	0.46	0.44	2.36
’22	0.22	0.32	0.59	0.40	1.53
’21	0.02	0.08	0.26	0.32	0.69
’20	0.81	(0.13)	(0.03)	0.25	0.41

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.50	9.45	8.21	9.00	7.45	22.75	30.52	34.40	32.57	14.91	Analyst estimates 2026–2028 Powerpack
	High	10.50	13.15	18.19	18.53	23.38	41.37	49.02	53.46	52.16	39.61
People
People	Employees	—	1,600	2,000	2,500	4,300	4,700	4,500	5,000	4,500	4,700
	Revenue/emp, $m	0.00	0.28	0.38	0.43	0.30	0.36	0.48	0.47	0.53	0.49
Income, $m
Income, $m	Revenue	427	446	751	1,064	1,273	1,673	2,143	2,365	2,396	2,281
	Gross margin, %	55.59	53.42	54.67	55.28	62.89	63.57	64.98	67.64	66.95	65.64
	EBT	(88)	(165)	(68)	(123)	4	151	365	468	37	(55)
	EBT margin, %	(20.54)	(37.09)	(9.10)	(11.60)	0.28	9.05	17.04	19.81	1.53	(2.43)
	Net income	(31)	(150)	(30)	(121)	75	160	340	476	28	(53)
	Depreciation	136	191	144	201	260	332	356	350	530	442
Per share, $
Per share, $	Revenue	29.33	22.57	8.62	9.79	7.52	7.39	9.88	11.91	12.74	12.51
	Earnings	(2.13)	(7.47)	(0.34)	(1.11)	0.42	0.71	1.57	2.40	0.15	(0.29)
	Cash flow	4.04	(0.07)	0.43	1.59	1.80	2.38	3.43	3.83	2.99	4.18
	Capex	(2.92)	(4.44)	(1.54)	(1.40)	(0.84)	(1.05)	(1.91)	(0.93)	(1.24)	(1.50)
	Free cash flow	1.12	(4.51)	(1.11)	0.18	0.96	1.34	1.52	2.90	1.74	2.68
	Book value	1.59	24.52	8.05	5.11	12.20	8.82	7.22	6.35	5.42	4.69
	Shares, m	15	20	87	109	169	227	217	199	188	182
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	24.88	57.52	28.55	18.60	209.06	0.00
	P/S	0.00	1.02	1.09	1.89	3.08	5.53	4.54	3.72	2.63	1.51
	P/B	0.00	0.94	1.17	3.62	1.90	4.63	6.21	6.97	6.18	4.01
	EV/Sales	0.00	2.41	3.31	3.45	5.00	7.13	5.97	5.22	4.17	3.07
	EV/FCF	0.00	(12.06)	(25.68)	183.55	39.23	39.36	38.71	21.39	30.44	14.34
Cash, $m
Cash, $m	Operating cash flow	59	(1)	37	173	305	540	745	761	562	762
	Capex	(42)	(88)	(134)	(153)	(143)	(237)	(414)	(185)	(233)	(273)
	Free cash flow	16	(89)	(97)	20	162	303	330	577	328	489
Balance, $m
Balance, $m	Working capital	(35)	(28)	(13)	(28)	(27)	(35)	(41)	7	(27)	(86)
	Total debt	658	627	1,676	1,662	2,470	2,684	3,076	3,557	3,708	3,588
	Net debt	655	618	1,668	1,659	2,445	2,677	3,069	3,546	3,699	3,574
	Shareholders’ equity	23	485	702	555	2,064	1,997	1,565	1,261	1,019	856
Returns, %
Returns, %	ROA	(3.64)	(9.50)	(1.21)	(4.27)	1.75	2.82	5.85	7.96	0.46	(0.89)
	ROIC	(0.29)	(3.31)	0.17	3.32	2.24	4.02	6.90	8.76	3.50	2.56
	ROE	(13.48)	(58.19)	(4.25)	(19.21)	5.66	7.89	19.06	33.71	2.47	(5.65)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GATX GATX Corporation	$5.8B	16.4×	17.1×	+34.75% (above 0%: growing)	+37.68% (above 0%: growing)	+231.20% (above 0%: growing)	72.56%	27.65%	Compare
HRI Herc Holdings Inc.	$4.2B	82.7×	26.2×	+20.16% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	51.41%	12.21%	Compare
CAR Avis Budget Group, Inc.	$3.9B	— (loss-making)	51.7×	−1.35% (below 0%: shrinking)	+900.00% (above 0%: growing)	−28.24% (below 0%: shrinking)	49.10%	14.81%	Compare
EQPT EquipmentShare.com Inc.	$3.7B	15.1×	38.5×	+102.37% (above 0%: growing)	n/m	−17.02% (below 0%: shrinking)	28.36%	6.49%	Compare
WSC WillScot Holdings Corporation	$3.0B	— (loss-making)	25.5×	+3.92% (above 0%: growing)	0.00%	−60.91% (below 0%: shrinking)	61.83%	19.19%
MGRC McGrath RentCorp	$2.8B	18.2×	17.0×	−6.16% (below 0%: shrinking)	−5.48% (below 0%: shrinking)	−124.93% (below 0%: shrinking)	48.80%	24.10%	Compare
CTOS Custom Truck One Source, Inc.	$2.1B	100×	84.3×	+10.16% (above 0%: growing)	n/m	−104.58% (below 0%: shrinking)	22.00%	8.27%	Compare
VSTS Vestis Corporation	$1.9B	— (loss-making)	168×	−1.80% (below 0%: shrinking)	n/m	+478.29% (above 0%: growing)	28.02%	5.63%	Compare
PRG Aaron's Holdings Company, Inc.	$1.2B	8.4×	9.1×	+22.30% (above 0%: growing)	−4.17% (below 0%: shrinking)	+48.39% (above 0%: growing)	89.48%	9.12%	Compare
Median of peers	$3.2B	17.3×	32.4×	+15.16%	+16.76%	+15.69%	48.95%	10.67%

All 20 Rental & Leasing Services stocks →

WillScot Holdings Corporation (WSC) key facts

Concern: WillScot Holdings Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, down 4.77% from fiscal 2024.
WillScot Holdings Corporation (WSC) is a Rental & Leasing Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, WSC traded at $15.90, a market capitalization of $3.0 billion.
WillScot Holdings Corporation pays an annual dividend of $0.28 per share, a yield of 1.76%.
Return on equity was −5.65% and debt-to-equity 3.84.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.70 (distress zone) for fiscal 2025.