Ryder System, Inc. (R) vs WillScot Holdings Corporation (WSC)

Ryder System, Inc. and WillScot Holdings Corporation are both Rental & Leasing Services companies. Ryder System, Inc. is the larger, with a market value of $9.2B against $3.0B — 3.1× the size. WillScot Holdings Corporation has negative trailing earnings, so its P/E is not meaningful; Ryder System, Inc. trades at 19.4×. Ryder System, Inc. grew revenue faster over the last twelve months: 1.12% against −2.51%. Ryder System, Inc. has the higher net margin (3.87% vs −3.00%) and the higher return on invested capital (6.20% vs 2.13%). Both pay a dividend; WillScot Holdings Corporation yields more (1.76% vs 1.57%). Across the 21 metrics below, Ryder System, Inc. leads on 13 and WillScot Holdings Corporation on 8.

Valuation

Metric R WSC Rental & Leasing Services median
P/E 19.40 n/m 18.17
P/S 0.72 1.25 0.92
P/B 3.18 3.16 2.15
Price to free cash flow 7.85 7.76 7.80
EV/EBITDA 5.73 11.21 7.72
EV/Sales 1.28 2.77 2.47
Earnings yield 5.16% (2.33%) 1.00%
Free cash flow yield 12.74% 12.89% 1.43%

Profitability

Metric R WSC Rental & Leasing Services median
Gross margin 19.82% 64.16% 49.40%
Operating margin 7.82% 6.51% 8.49%
Net margin 3.87% (3.00%) 1.01%
Free cash flow margin 9.11% 16.18% 1.87%
Return on equity 16.66% (7.08%) 12.13%
Return on assets 3.05% (1.15%) 0.24%
Return on invested capital 6.20% 2.13% 2.80%

Growth

Metric R WSC Rental & Leasing Services median
Revenue growth (TTM) 1.12% (2.51%) 3.21%
EPS growth (last fiscal year) 7.96% (293.33%) (8.44%)
Revenue growth, 5-year CAGR 8.51% 12.38% 12.97%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric R WSC Rental & Leasing Services median
Debt to equity 2.59 3.84 1.48
Current ratio 0.65 0.81 1.36
Net debt to EBITDA 2.56 5.73 4.32

Dividend

Metric R WSC Rental & Leasing Services median
Dividend yield 1.57% 1.76% 1.56%
Payout ratio 0.30 — 0.22

Size

Metric R WSC Rental & Leasing Services median
Market cap 9.21b 2.97b 2.43b

Compare with another peer

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