balance equationreview2018-12-31
Difference 44550000 exceeds tolerance 2752485.000. Presentation or filing-vintage differences need review.
Revenue
$2.28B
Fiscal year ended 2025-12-31Operating income
$181.45M
Fiscal year ended 2025-12-31Free cash flow
$737.65M
Fiscal year ended 2025-12-31WillScot Holdings Corp (WSC) reported revenue of $2.28B and net income of -$52.99M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from WillScot Holdings Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Miscellaneous Equipment Rental & Leasing.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B | $2.40B | $2.36B | $2.14B | $1.67B | $1.27B | $1.06B | $751.41M | $445.94M | $426.61M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | $1.16B | $1.30B | $1.33B | $1.14B | $844.70M | $608.43M | $413.31M | $289.38M | $165.57M | $168.19M |
| Operating income | $181.45M | $263.92M | $673.46M | $511.48M | $300.38M | $161.79M | $117.52M | $6.26M | -$58.32M | -$3.19M |
| Net income | -$52.99M | $28.13M | $476.46M | $339.54M | $160.14M | $74.00M | -$11.12M | -$25.21M | -$147.70M | -$30.94M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 182.39M | shares 190.29M | shares 201.85M | shares 221.40M | shares 232.79M | shares 177.27M | shares 108.68M | shares 88.95M | Unavailable | shares 62.50M |
| Pretax income | -$55.42M | $36.60M | $468.42M | $365.20M | $151.42M | $3.53M | -$123.36M | -$68.34M | -$165.40M | -$87.63M |
| Income tax expense | -$2.43M | $8.48M | $126.58M | $88.86M | $36.53M | -$56.04M | -$2.19M | -$38.60M | -$936.00K | -$24.50M |
| Diluted EPS | $-0.29 | $0.15 | $2.36 | $1.53 | $0.69 | $0.25 | $-1.11 | $-0.53 | Unavailable | $0.01 |
| Selling, general & administrative | $581.76M | $630.70M | $596.09M | $567.49M | $480.41M | $338.40M | $271.00M | $234.82M | $162.35M | $139.09M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $688.57K |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $14.59M | $9.00M | $10.96M | $7.39M | $6.39M | $24.94M | $3.04M | $8.96M | $9.18M | $6.16M |
| Total assets | $5.82B | $6.03B | $6.14B | $5.83B | $5.77B | $5.57B | $2.90B | $2.75B | $1.41B | $1.70B |
| Current assets | $525.05M | $557.51M | $569.10M | $521.04M | $483.04M | $421.57M | $292.59M | $256.35M | $127.78M | $137.51M |
| Total liabilities | $4.96B | $5.02B | $4.88B | $4.26B | $3.78B | $3.51B | $2.34B | $2.05B | $926.19M | $1.68B |
| Current liabilities | $611.10M | $585.01M | $562.02M | $561.94M | $517.64M | $448.67M | $320.41M | $269.02M | $155.73M | $172.66M |
| Total equity incl. NCI | $856.25M | $1.02B | $1.26B | $1.57B | $2.00B | $2.06B | $555.20M | $657.65M | $366.14M | $23.13M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $477.03M |
| Inventory | $45.56M | $47.47M | $47.41M | $41.03M | $29.80M | $23.73M | $15.39M | $16.22M | $10.08M | $8.94M |
| Accounts receivable | $394.71M | $430.38M | $451.13M | $409.77M | $351.28M | $330.94M | $247.60M | $206.50M | $94.82M | $71.43M |
| Goodwill | $1.26B | $1.20B | $1.18B | $1.01B | $1.01B | $962.36M | $235.18M | $247.02M | $28.61M | $56.81M |
| Long-term debt | $3.56B | $3.68B | $3.54B | $3.06B | $2.67B | $2.45B | $1.63B | $1.67B | $624.86M | $655.69M |
| Accounts payable | $109.86M | $96.60M | $86.12M | $109.35M | $102.56M | $106.93M | $109.93M | $90.35M | $57.05M | $33.08M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $761.98M | $561.64M | $761.24M | $744.66M | $539.90M | $304.81M | $172.57M | $37.15M | -$1.36M | $58.73M |
| Capital expenditures | $24.33M | $18.44M | $22.24M | $43.66M | $30.50M | $16.45M | $8.34M | $4.62M | $4.45M | $2.36M |
| Investing cash flow | -$417.47M | -$362.35M | -$350.00M | -$309.33M | -$384.05M | -$125.36M | -$152.58M | -$1.22B | -$392.65M | -$30.24M |
| Financing cash flow | -$340.52M | -$200.12M | -$418.94M | -$429.37M | -$167.89M | -$158.96M | -$26.06M | $1.18B | $396.83M | -$31.39M |
| Net change in cash | $5.59M | -$1.96M | -$6.82M | $5.08M | -$12.24M | $21.89M | -$5.91M | -$227.00K | $3.02M | -$3.14M |
| Stock-based compensation | $38.43M | $35.97M | $34.49M | $29.61M | $26.18M | $9.88M | $6.69M | $3.44M | $2.97M | $0 |
| Common dividends paid | $51.12M | $0 | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $96.05M | $82.83M | $72.92M | $62.38M | $61.78M | $35.18M | $12.40M | $13.30M | $8.65M | $9.02M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $737.65M | $543.21M | $739.00M | $700.99M | $509.40M | $288.36M | $164.23M | $32.53M | -$5.81M | $56.37M |
| Gross margin | 51.0% | 54.3% | 56.4% | 53.0% | 50.5% | 47.8% | 38.9% | 38.5% | 37.1% | 39.4% |
| Operating margin | 8.0% | 11.0% | 28.5% | 23.9% | 18.0% | 12.7% | 11.0% | 0.8% | -13.1% | -0.7% |
| FCF margin | 32.3% | 22.7% | 31.3% | 32.7% | 30.4% | 22.7% | 15.4% | 4.3% | -1.3% | 13.2% |
| SBC / revenue | 1.7% | 1.5% | 1.5% | 1.4% | 1.6% | 0.8% | 0.6% | 0.5% | 0.7% | 0.0% |
| Current ratio | 0.86x | 0.95x | 1.01x | 0.93x | 0.93x | 0.94x | 0.91x | 0.95x | 0.82x | 0.80x |
| Revenue YoY growth | -4.8% | 1.3% | 10.4% | 28.1% | 31.4% | 19.7% | 41.6% | 68.5% | 4.5% | Unavailable |
| Net margin | -2.3% | 1.2% | 20.1% | 15.8% | 9.6% | Unavailable | Unavailable | -3.4% | -33.1% | -7.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 1.1% | 0.8% | 0.9% | 2.0% | 1.8% | 1.3% | 0.8% | 0.6% | 1.0% | 0.6% |
| Long-term debt / equity | 4.15x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | 23.2% | 27.0% | 24.3% | 24.1% | -1586.2% | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WSC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Reconciliation checks needing review
3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2017-12-31
Difference 118410000 exceeds tolerance 1410742.000. Presentation or filing-vintage differences need review.
balance equationreview2016-12-31
Difference 477026740 exceeds tolerance 1699450.000. Presentation or filing-vintage differences need review.