📊 WSC Key Takeaways
Is WillScot Holdings Corp (WSC) a Good Investment?
WillScot is a heavily leveraged equipment rental company struggling with profitability despite strong cash generation, indicating excessive debt service consuming operational gains. Deteriorating fundamentals—declining revenue (-4.8% YoY), negative net income, and concerning liquidity metrics (0.86x current ratio with only $14.6M cash)—signal near-term financial stress that outweighs the positive FCF profile.
Why Buy WillScot Holdings Corp Stock? WSC Key Strengths
- Exceptional free cash flow of $737.7M (32.3% FCF margin) demonstrates underlying business cash-generation capability
- Strong gross margins of 51% indicate pricing power and operational efficiency in core rental business
- Asset-light model with minimal capital requirements ($24.3M capex) preserves cash
WSC Stock Risks: WillScot Holdings Corp Investment Risks
- Net losses of $53M and negative ROE (-6.2%)/ROA (-0.9%) destroy shareholder value despite operational profits
- Extreme leverage of 4.15x debt/equity with critically weak liquidity (current ratio 0.86x, only $14.6M cash on $5.8B assets)
- Revenue contraction (-4.8% YoY) combined with interest coverage of just 3.2x indicates declining ability to service $3.6B debt load
Key Metrics to Watch
- Revenue stabilization and return to year-over-year growth
- Net income trajectory toward profitability and debt reduction progress
- Liquidity metrics (cash balance, current ratio, debt-to-EBITDA) indicating refinancing risk
WillScot Holdings Corp (WSC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 32.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
WSC Profit Margin, ROE & Profitability Analysis
WSC vs Industrial Sector: How WillScot Holdings Corp Compares
How WillScot Holdings Corp compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is WillScot Holdings Corp Stock Overvalued? WSC Valuation Analysis 2026
Based on fundamental analysis, WillScot Holdings Corp shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
WillScot Holdings Corp Balance Sheet: WSC Debt, Cash & Liquidity
WSC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: WillScot Holdings Corp's revenue has grown significantly by 26% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.36 reflects profitable operations.
WSC Revenue Growth, EPS Growth & YoY Performance
WSC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $566.8M | $43.1M | $0.24 |
| Q2 2025 | $589.1M | $9.4M | $0.05 |
| Q1 2025 | $559.6M | $43.1M | $0.23 |
| Q3 2024 | $601.4M | -$46.9M | $-0.32 |
| Q2 2024 | $582.1M | $9.4M | $0.05 |
| Q1 2024 | $565.5M | $56.2M | $0.29 |
| Q3 2023 | $578.0M | $51.2M | $0.46 |
| Q2 2023 | $522.9M | $51.2M | $0.32 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
WillScot Holdings Corp Dividends, Buybacks & Capital Allocation
WSC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for WillScot Holdings Corp (CIK: 0001647088)
📋 Recent SEC Filings
❓ Frequently Asked Questions about WSC
What is the AI rating for WSC?
WillScot Holdings Corp (WSC) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WSC's key strengths?
Claude: Exceptional free cash flow of $737.7M (32.3% FCF margin) demonstrates underlying business cash-generation capability. Strong gross margins of 51% indicate pricing power and operational efficiency in core rental business.
What are the risks of investing in WSC?
Claude: Net losses of $53M and negative ROE (-6.2%)/ROA (-0.9%) destroy shareholder value despite operational profits. Extreme leverage of 4.15x debt/equity with critically weak liquidity (current ratio 0.86x, only $14.6M cash on $5.8B assets).
What is WSC's revenue and growth?
WillScot Holdings Corp reported revenue of $2.3B.
Does WSC pay dividends?
WillScot Holdings Corp pays dividends, with $51.1M distributed to shareholders in the trailing twelve months.
Where can I find WSC SEC filings?
Official SEC filings for WillScot Holdings Corp (CIK: 0001647088) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WSC's EPS?
WillScot Holdings Corp has a diluted EPS of $-0.29.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is WSC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, WillScot Holdings Corp has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WSC stock overvalued or undervalued?
Valuation metrics for WSC: ROE of -6.2% (sector avg: 15%), net margin of -2.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy WSC stock in 2026?
Our dual AI analysis gives WillScot Holdings Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is WSC's free cash flow?
WillScot Holdings Corp's operating cash flow is $762.0M, with capital expenditures of $24.3M. FCF margin is 32.3%.
How does WSC compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -2.3% (avg: 10%), ROE -6.2% (avg: 15%), current ratio 0.86 (avg: 1.8).
Is WillScot Holdings Corp carrying too much debt?
WSC has a debt-to-equity ratio of 4.15x, which is above the Industrial sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.