WillScot Holdings Corp (WSC) Financial Statements
Industry: Miscellaneous Equipment Rental & Leasing (Services)
In fiscal 2025, WillScot reported revenue of $2.28B, down 4.8% from $2.40B the year before. Net income was -$53.0M (a -2.3% net margin), or -$0.29 per diluted share. Gross margin was 51.0% and operating margin was 8.0%. Operating activities generated $762.0M of cash, leaving $737.7M of free cash flow. At fiscal year end, WillScot held $5.82B in total assets against $4.96B in total liabilities, including $14.6M of cash and equivalents.
Open the full interactive WillScot financials → Quarterly statements, key ratios, valuation history and price charts.
WillScot Key Stats
| Share Price | $17.29 |
|---|---|
| Market Cap | $3.14B |
| Dividend Yield | 1.62% |
| Revenue YoY Growth | -4.8% |
| 52-Week Range | $14.78 – $28.97 |
| Shares Outstanding | 181.0 million (basic, 2026 Q2) |
WillScot Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.37B | $1.89B | $2.14B | $2.36B | $2.40B | $2.28B |
| Gross Profit | $660.0M | $968.2M | $1.14B | $1.33B | $1.30B | $1.16B |
| Operating Income | $182.7M | $360.3M | $511.5M | $673.5M | $263.9M | $181.5M |
| Pre-Tax Income | $20.4M | $209.7M | $365.2M | $468.4M | $36.6M | -$55.4M |
| Income Tax | -$51.5M | $49.5M | $88.9M | $126.6M | $8.5M | -$2.4M |
| Net Income | $70.7M | $160.1M | $339.5M | $476.5M | $28.1M | -$53.0M |
| Diluted EPS | $0.41 | $0.69 | $1.53 | $2.36 | $0.15 | -$0.29 |
WillScot Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $566.8M | $566.0M | $548.6M | $612.2M |
| Net Income | $43.3M | -$187.3M | $28.1M | $47.0M |
| Diluted EPS | $0.24 | -$1.03 | $0.15 | $0.26 |
WillScot Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.9M | $12.7M | $7.4M | $11.0M | $9.0M | $14.6M |
| Current Assets | $419.5M | $483.0M | $521.0M | $569.1M | $557.5M | $525.1M |
| Total Assets | $5.57B | $5.77B | $5.83B | $6.14B | $6.03B | $5.82B |
| Current Liabilities | $448.7M | $517.6M | $561.9M | $562.0M | $585.0M | $611.1M |
| Total Long-Term Debt | $2.47B | $2.71B | $3.08B | $3.56B | $3.71B | $3.59B |
| Total Liabilities | $3.43B | $3.78B | $4.26B | $4.88B | $5.02B | $4.96B |
| Shareholders' Equity | $2.14B | $2.00B | $1.57B | $1.26B | $1.02B | $856.3M |
WillScot Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $304.8M | $539.9M | $744.7M | $761.2M | $561.6M | $762.0M |
| Cash From Investing | -$125.4M | -$384.0M | -$309.3M | -$350.0M | -$362.3M | -$417.5M |
| Cash From Financing | -$159.0M | -$167.9M | -$429.4M | -$418.9M | -$200.1M | -$340.5M |
| Free Cash Flow | $288.4M | $509.4M | $701.0M | $739.0M | $543.2M | $737.7M |
| Dividends Paid | — | — | — | — | — | $51.1M |
Figures from WillScot's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full WillScot financials page for every line item.
WillScot Company Profile
| Ticker | WSC |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Equipment Rental & Leasing (Services) |
| Headquarters | Scottsdale, Arizona |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001647088 |
Frequently Asked Questions
What was WillScot's revenue in fiscal 2025?
WillScot (WSC) reported revenue of $2.28B for fiscal 2025.
What is WillScot's annual revenue history?
WillScot's annual revenue by fiscal year: 2020: $1.37B; 2021: $1.89B; 2022: $2.14B; 2023: $2.36B; 2024: $2.40B; 2025: $2.28B.
What was WillScot's net income in fiscal 2025?
WillScot reported net income of -$53.0M for fiscal 2025.
What was WillScot's earnings per share (EPS) in fiscal 2025?
WillScot's diluted EPS was -$0.29 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did WillScot generate in fiscal 2025?
WillScot generated $737.7M of free cash flow in fiscal 2025.
What was WillScot's revenue last quarter?
In its most recent reported quarter (2026 Q2), WillScot reported revenue of $612.2M.
How much debt does WillScot have?
WillScot reported $3.59B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of WillScot are outstanding?
WillScot reported a weighted average of 181.0 million basic shares outstanding in 2026 Q2.
What is WillScot's market cap?
Based on its latest closing price, WillScot (WSC) has a market capitalization of about $3.14B.
When does WillScot's fiscal year end?
WillScot's fiscal year end, as registered with the SEC, is December 31.
Where is WillScot headquartered?
WillScot lists its business address in Scottsdale, Arizona in its SEC filings.
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