Company Analysis

WillScot Holdings Corporation (WSC)

Nasdaq: WSC · Services-Miscellaneous Equipment Rental & Leasing · Scottsdale, AZ · filing with the SEC since 2015
Grade3.2
◀ Past 4.0● Present 3.3▶ Future 2.3

The grade of WillScot Holdings Corporation

Nine metrics read from its own filings, by tense
Headline grade
3.2/10
◀ Past4.025% of the headline
● Present3.345% of the headline
▶ Future2.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.0/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.0/10

Has it survived what it has been through?

8 warning events since 2017; the latest 2021-04-29.

weight 45% of this tense · 10th percentile among 35 sector filers · read for itself

From the record

WillScot Holdings Corporation's filings since 2017 show 8 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2020-07-01); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-04-29); an auditor change (8-K item 4.01, the latest 2017-12-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+20.5% a year over 10 filed years; profitable in 5 of 10.

weight 33% of this tense · 67th percentile among 34 sector filers · read for its customers

From the record

WillScot Holdings Corporation's 10 filed years say what it did: revenue went from $427 million in fiscal 2016 to $2.3 billion in fiscal 2025, up 20.5% a year; it rose in 8 of 9 years; the deepest fall was 5% from fiscal 2024 to fiscal 2025; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span20.5%top 13% of its family
  • the share of years revenue rosetop 32% of its family
  • the share of filed years with a profitbottom 46% of its family
  • the deepest fall from a revenue peak4.8%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.1/10

How has it treated the people who own it?

Share count shrank 6.3% a year. 2% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 61st percentile among 25 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, WillScot Holdings Corporation's diluted share count shrank about 6.3% a year, and dividends and buybacks returned about 2% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-10-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 7% of its family
  • cash returned against operating cash flowbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.3/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
4.2/10

Is it financially healthy right now?

ROE -6%: lost 6¢ per shareholder dollar. Leverage 85%: owes 85¢ per asset dollar.

weight 45% of this tense · 42nd percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, WillScot Holdings Corporation lost about 6 cents for every dollar of shareholders' money, and gross profitability: its products earned about 20 cents per dollar of everything the company owns. Leverage: it owed about 85 cents per dollar of assets, and net share issuance: its share count shrank 4.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 16% of its family
  • return on equitybottom 32% of its family
  • gross profit against assetsbottom 26% of its family
  • the share count against the year beforetop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.9/10

How strong is its position in its industry?

bottom 39% of 35 in its family; net margin -2.3%.

weight 33% of this tense · 39th percentile among 35 sector filers · read for its customers

From the record

WillScot Holdings Corporation's standing among 35 graded names in its industry family: revenue of $2.3 billion in fiscal 2025 ranks in the top 47% by size; a net margin of -2.3% ranks in the bottom 36%; revenue growth of 2.1% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • revenue against the family$2.28Btop 47% of its family
  • net margin-2.3%bottom 36% of its family
  • three-year revenue growth2.1%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.8/10

What are the people in charge doing?

bottom 8% of 20 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 8th percentile among 20 sector filers · read for its shareholders

From the record

WillScot Holdings Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Boswell, Timothy D (President & CEO, as filed), filing under that title since 2026-02-26, 9 months (bottom 3% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 4 years (bottom 8%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 13%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge11 in three years among 16 peoplebottom 13% of its family
  • the median years the people in charge have filed4.0 yearsbottom 8% of its family
  • the chief executive's years on the record8 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

2.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 35 in its family for room to expand.

weight 22% of this tense · 55th percentile among 35 sector filers · read for itself

From the record

WillScot Holdings Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $15 million against debt of $3.6 billion leaves -60.9% of its assets as net cash, bottom 7% of its family; cash from operations less capital spending is 32.3% of revenue (top 13%); a gross margin of 51% (top 30%) (its annual report).

What it rests on

  • cash less debt against assets-60.9%bottom 7% of its family
  • cash from operations less capital spending against revenue32.3%top 13% of its family
  • gross margin51.0%top 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.6/10

What could actually drive growth from here?

bottom 16% of 34 in its family for growth drivers.

weight 33% of this tense · 16th percentile among 34 sector filers · read for its customers

From the record

WillScot Holdings Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 2.1% a year over the last three filed years against 20.5% over all 10, slowing (bottom 7% of its family); the newest year grew -4.8% (bottom 10%); capital spending grew -17.7% a year (bottom 32%) (its annual reports). WillScot Holdings Corporation reported 8 product lines in fiscal 2025: Modular Space Leasing at $998 million (43%), Value Added Product and Services at $398 million (17%), Delivery and Installation at $389 million (17%), and 5 more; 3 of 8 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-18.4 points a yearbottom 7% of its family
  • the newest year's revenue growth-4.8%bottom 10% of its family
  • three-year growth of capital spending-17.7%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.3/10

Did its newest year beat what its own record pointed to?

bottom 13% of 29 in its family for expectations against reality.

weight 45% of this tense · 13th percentile among 29 sector filers · read for its shareholders

From the record

WillScot Holdings Corporation's newest year against its own record: revenue of $2.3 billion in fiscal 2025 came in 9.9% below the $2.5 billion its prior three years' pace pointed to (bottom 2% of its family); net income of $53 million against a prior three-year average of $281 million (bottom 19%); a net margin of -2.3% against 12.4% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-9.9%bottom 2% of its family
  • net income against the prior three years' average-119%bottom 19% of its family
  • net margin against its prior average-14.7 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WSC · research, not advice