Willscot Holdings Corp income statement
In fiscal 2025, Willscot Holdings Corp reported revenue of $2.28bn, down 4.8% on the year before, operating income of $181m (a 8.0% margin) and net income of −$53.0m, or −$0.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 453 | 427 | 446 | 751 | 1,064 | 1,273 | 1,673 | 2,143 | 2,365 | 2,396 | 2,281 | 2,294 |
| Gross profit | 163 | 168 | 166 | 289 | 413 | 608 | 845 | 1,135 | 1,334 | 1,302 | 1,164 | 1,159 |
| Selling, general and administrative | 139 | 139 | 162 | 235 | 271 | 338 | 480 | 567 | 596 | 631 | 582 | 594 |
| Operating income | −21 | −3 | −58 | 6 | 118 | 162 | 300 | 511 | 673 | 264 | 181 | 149 |
| Interest expense | 92 | 95 | 119 | 98 | 123 | 119 | 116 | 146 | 205 | — | — | — |
| Provision for credit losses | — | — | — | 8 | 14 | 31 | 37 | 35 | 50 | 55 | — | — |
| Income before tax | −103 | −88 | −165 | −68 | −123 | 4 | 151 | 365 | 468 | 37 | −55 | −77 |
| Income tax | −34 | −25 | −1 | −39 | −2 | −56 | 37 | 89 | 127 | 8 | −2 | — |
| Net income | −72 | −31 | −148 | −25 | −11 | 74 | 160 | 340 | 476 | 28 | −53 | −69 |
| Diluted EPS | −$14.76 | $0.03 | −$7.47 | −$0.53 | −$1.11 | $0.25 | $0.69 | $1.53 | $2.36 | $0.15 | −$0.29 | −$0.38 |
| Diluted shares (average) | 5m | 21m | 20m | 89m | 109m | 177m | 233m | 221m | 202m | 190m | 182m | 181m |
| EBITDA | 80 | 75 | 23 | 141 | 305 | 406 | 616 | 574 | 746 | 347 | 278 | 245 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 601 | 603 | 560 | 589 | 567 | 566 | 549 | 612 |
| Gross profit | 321 | 336 | 300 | 296 | 282 | 286 | 286 | 306 |
| Selling, general and administrative | 153 | 128 | 157 | 145 | 138 | 142 | 154 | 160 |
| Operating income | −35 | 174 | 119 | 127 | 119 | −184 | 97 | 117 |
| Interest expense | 56 | — | — | — | — | — | — | — |
| Income before tax | −91 | 115 | 61 | 68 | 60 | −245 | 43 | 64 |
| Net income | −70 | 89 | 43 | 48 | 43 | −187 | 28 | 47 |
| Diluted EPS | −$0.37 | $0.47 | $0.23 | $0.26 | $0.24 | −$1.02 | $0.15 | $0.26 |
| EBITDA | −12 | 198 | 143 | 151 | 143 | −159 | 120 | 141 |
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