WillScot Holdings (WSC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

WillScot Holdings

NasdaqCM•Industrials•Rental & Leasing Services

$18.10-0.21(-0.01%)Market open

Market Cap

$3.31B

P/S

1.4x

P/B

3.6x

WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico. The company leases, sells, delivers, and installs modular space solutions and portable storage products. It offers modular space solutions, such as modular office complexes, mobile offices, classrooms, blast-resistant modules, clearspan structures, and sanitation solutions; and portable storage solutions, including portable storage and climate-controlled containers and trailers. The company also provides workstations, furniture, appliances, media packages, power and solar solutions, telematics, connectivity and data solutions, security and protection products, entrance packages, electrical and lighting products, organization and space optimization assets, perimeter solutions, and other items. The company serves customers in the construction and infrastructure, commercial and industrial, and energy and natural resources markets, as well as governments and institutions. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. The company was founded in 1944 and is headquartered in Scottsdale, Arizona.

How this company scores

AverageMetricSide Score: 40/100

Strongest: Cash & Earnings Quality (24/25); weakest: Growth (5/25).

Profitability5/25

Growth5/25

Balance Sheet & Red Flags6/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowCash-backed earningsImproving marginsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.9x5y range 16.9x – 341.7x

Currently below its 17-quarter median.

P/S · 1.4x5y range 1.3x – 4.8x

Currently below its 20-quarter median.

P/B · 3.6x5y range 3.4x – 6.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 61.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Leverage Risk

Red Flag

D/E ratio is 3.8 — heavily leveraged and vulnerable to rising rates or cash flow dips.

Price & Volume

Market Cap $3.31B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.29B
Q. Revenue: $612.15M
TTM EBITDA: $557.26M
TTM Op. Income: $149.28M
Q. Op. Income: $117.49M
TTM Net Income: $-68.89M
Q. Net Income: $46.97M
EPS: $0.26
Shares Out.: $181.01M

$2.29B in TTM revenue declined 2.5% YoY, reaching $612.15M last quarter. TTM EBITDA of $557.26M and TTM operating income of $149.28M show growth is flowing through to the bottom line. However, net income is negative at $68.89M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 3% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 50.0%
EBITDA Margin: 34.8%
Op. Margin: 19.2%
Net Margin: 7.7%

Op. margin of 19.2% is down 2.3% YoY — costs are rising relative to revenue. Net margin at 7.7% and gross margin of 50.0% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.4x
P/B Ratio: 3.6x

P/S of 1.4x and P/B of 3.6x. P/S is low relative to typical market levels. Across the last 5 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.87B
Cash: $18.17M
Long-Term Debt: $3.46B
Book Value: $910.66M
D/E Ratio: 3.8
Debt/EBITDA: 16.3

With $5.87B in assets and $3.46B in long-term debt, D/E is 3.8and book value is $910.66M — elevated leverage, meaning significant financial risk in a downturn. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $162.26M
TTM Free Cash Flow: $681.59M
FCF Margin: 29.7%
FCF / Net Income: -9.9

TTM FCF of $681.59M on $162.26M in operating cash flow. The FCF / Net Income ratio of -9.9x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.