WSC · XBRL financial data

Willscot Holdings financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WSC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,368	1,895	2,143	2,365	2,396	2,281
Gross profit	660	968	1,135	1,334	1,302	1,164
Selling, general and administrative	361	511	567	596	631	582
Other operating income (expense)	2	(2)	7	15	(3)	(2)
Operating income (loss)	183	360	511	673	264	181
Interest expense	120	118	146	205	—	—
Income tax expense (benefit)	(51)	50	89	127	8	(2)
Net income (loss)	71	160	340	476	28	(53)
Earnings per share, basic USD per share	0.44	0.71	1.57	2.40	0.15	(0.29)
Earnings per share, diluted USD per share	0.25	0.69	1.53	2.36	0.15	(0.29)
Weighted average shares, basic millions of shares	169	227	217	199	188	182
Weighted average shares, diluted millions of shares	177	233	221	202	190	182

Fiscal years (WSC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	25	13	7	11	9	15
Accounts receivable	331	400	410	451	430	395
Inventory	22	33	41	47	47	46
Prepaid and other current assets	30	37	32	57	68	—
Total current assets	419	483	521	569	558	525
Property and equipment, net	304	312	—	—	—	—
Right-of-use asset	232	247	219	246	267	311
Goodwill	1,171	1,179	1,011	1,177	1,201	1,258
Total assets	5,572	5,774	5,828	6,138	6,035	5,816
Accounts payable	107	118	108	86	97	110
Accrued liabilities	142	100	111	130	122	126
Total current liabilities	449	518	562	562	585	611
Lease liability, non-current	184	194	170	188	201	242
Total liabilities	3,508	3,777	4,262	4,877	5,016	4,960
Accumulated deficit	(1,751)	(1,591)	(1,252)	(775)	(747)	(800)
Total stockholders' equity	2,064	1,997	1,565	1,261	1,019	856
Total liabilities and equity	5,572	5,774	5,828	6,138	6,035	5,816
Common shares outstanding (cover page) millions of shares	229	223	206	190	184	181

Fiscal years (WSC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	71	160	340	476	28	(53)
Stock-based compensation	10	26	30	34	36	38
Net cash from operating activities	305	540	745	761	562	762
Purchases of property and equipment	16	30	44	22	18	24
Net cash from investing activities	(125)	(384)	(309)	(350)	(362)	(417)
Proceeds from issuing common stock	11	7	11	0	0	10
Dividends paid	—	—	—	0	0	51
Proceeds from long-term debt	2,787	729	964	1,911	1,317	1,186
Repayments of long-term debt	2,808	512	589	1,475	1,196	1,332
Net cash from financing activities	(159)	(168)	(429)	(419)	(200)	(341)
Net change in cash	22	(12)	5	(7)	(2)	6

SIC 7350 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7350 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
WillScot Holdings	18	612	162*	181.2M	Q2 FY26 10-QJun 30, 2026
EquipmentShare.com	443	1,449	58*	not reported	Q2 FY26 10-QJun 30, 2026
Herc Holdings	66	193	360*	33.5M	Q3 FY26 10-QSep 30, 2026
Sunbelt Rentals Holdings	32	701	840	409.8M	Q1 FY27 10-QJul 31, 2026
Aircastle	173	283	141*	17,840	Q2 FY26 10-QAug 31, 2026
McGrath Rentcorp	1	275	72*	24.4M	Q3 FY26 10-QSep 30, 2026
FTAI Aviation	386	978	(68)*	102.3M	Q3 FY26 10-QSep 30, 2026
Upbound Group	125	1,146	163*	58.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.