📊 WSC Key Takeaways
Is WillScot Holdings Corp (WSC) a Good Investment?
WillScot operates with critically high leverage (4.0x Debt/Equity) and deteriorating liquidity (0.79x current ratio) despite generating strong free cash flow, indicating financial stress in a cyclical equipment rental business. Declining revenue (-4.8% YoY), collapsing EPS (-293.3% YoY), and razor-thin net margins (5.1%) raise concerns about sustainability, while minimal cash reserves ($15.5M) against $3.5B debt exposure present refinancing risk.
WillScot Holdings Corp Key Strengths (WSC)
- Strong free cash flow generation of $187.4M with 34.2% FCF margin demonstrates underlying operational cash generation capability
- Solid gross margins at 52.1% indicate pricing power and favorable product mix in core business
- Positive operating cash flow of $191.1M with minimal CapEx requirements suggests business requires limited reinvestment
WSC Stock Risks: WillScot Holdings Corp Investment Risks
- Dangerously high leverage with Debt/Equity ratio of 4.0x and weak interest coverage of only 1.7x leaves minimal cushion for debt service
- Liquidity crisis with current ratio of 0.79x and quick ratio of 0.72x combined with critically low cash position of $15.5M creates refinancing risk
- Revenue contraction of 4.8% YoY with EPS collapse of 293.3% signals fundamental business deterioration in cyclical equipment rental sector
- Abysmal capital returns with ROE of 3.2% and ROA of 0.5% indicate shareholder value destruction despite positive cash flows
- Net margin compression to 5.1% with absolute net income of only $28.1M on $5.8B asset base suggests operational stress
Key Metrics to Watch
- Revenue trajectory and same-store growth rates in core equipment rental markets
- Debt refinancing schedule and ability to maintain covenant compliance given leverage levels
- Operating cash flow sustainability as business enters potential downcycle
- Current and quick ratio trends indicating whether liquidity situation deteriorates further
- Interest coverage ratio and debt reduction progress to assess deleveraging capability
WillScot Holdings Corp (WSC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 34.2% 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 |
|---|---|---|---|
| Q1 2026 | $548.6M | $28.1M | $0.15 |
| 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 |
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 grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WSC's key strengths?
Claude: Strong free cash flow generation of $187.4M with 34.2% FCF margin demonstrates underlying operational cash generation capability. Solid gross margins at 52.1% indicate pricing power and favorable product mix in core business.
What are the risks of investing in WSC?
Claude: Dangerously high leverage with Debt/Equity ratio of 4.0x and weak interest coverage of only 1.7x leaves minimal cushion for debt service. Liquidity crisis with current ratio of 0.79x and quick ratio of 0.72x combined with critically low cash position of $15.5M creates refinancing risk.
What is WSC's revenue and growth?
WillScot Holdings Corp reported revenue of $548.6M.
Does WSC pay dividends?
WillScot Holdings Corp pays dividends, with $12.7M 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 $0.15.
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 grade reflects both perspectives for balanced insights.
What is WSC's fundamental grade?
Based on our AI fundamental analysis in June 2026, WillScot Holdings Corp has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is WSC stock overvalued or undervalued?
Valuation metrics for WSC: ROE of 3.2% (sector avg: 15%), net margin of 5.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is WSC's AI grade for 2026?
Our dual AI analysis gives WillScot Holdings Corp a combined C grade 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 $191.1M, with capital expenditures of $3.6M. FCF margin is 34.2%.
How does WSC compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 5.1% (avg: 10%), ROE 3.2% (avg: 15%), current ratio 0.79 (avg: 1.8).
Is WillScot Holdings Corp carrying too much debt?
WSC has a debt-to-equity ratio of 4.00x, 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.