EquipmentShare.com Inc. (EQPT) vs WillScot Holdings Corporation (WSC)

EquipmentShare.com Inc. and WillScot Holdings Corporation are both Rental & Leasing Services companies. EquipmentShare.com Inc. is the larger, with a market value of $4.1B against $3.2B — 1.3× the size. WillScot Holdings Corporation has negative trailing earnings, so its P/E is not meaningful; EquipmentShare.com Inc. trades at 19.3×. EquipmentShare.com Inc. has the higher net margin (1.03% vs −3.00%) and the higher return on invested capital (23.5% vs 2.13%). Across the 17 metrics below, EquipmentShare.com Inc. leads on 13 and WillScot Holdings Corporation on 4.

Valuation

Metric EQPT WSC Rental & Leasing Services median
P/E 19.32 n/m 19.17
P/S 0.85 1.43 0.99
P/B 3.62 3.61 2.23
Price to free cash flow n/m 8.87 8.31
EV/EBITDA 3.80 11.94 7.84
EV/Sales 1.51 2.95 2.53
Earnings yield 5.18% (2.04%) 0.95%
Free cash flow yield (38.71%) 11.28% 1.43%

Profitability

Metric EQPT WSC Rental & Leasing Services median
Gross margin 49.70% 64.16% 49.40%
Operating margin 33.57% 6.51% 8.49%
Net margin 1.03% (3.00%) 1.01%
Free cash flow margin (32.95%) 16.18% 1.87%
Return on equity 0.00% (7.08%) 12.13%
Return on assets 1.49% (1.15%) 0.24%
Return on invested capital 23.50% 2.13% 2.80%

Growth

Metric EQPT WSC Rental & Leasing Services median
Revenue growth (TTM) — (2.51%) 3.21%
EPS growth (last fiscal year) (74.36%) (293.33%) —
Revenue growth, 5-year CAGR — 12.38% 12.97%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EQPT WSC Rental & Leasing Services median
Debt to equity 3.16 3.84 1.48
Current ratio 2.42 0.81 1.36
Net debt to EBITDA 4.59 5.73 4.32

Dividend

Metric EQPT WSC Rental & Leasing Services median
Dividend yield — — 1.59%
Payout ratio — 0.00 0.00

Size

Metric EQPT WSC Rental & Leasing Services median
Market cap 4.14b 3.22b 2.42b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack