WillScot Holdings Corporation
WillScot Holdings Corporation (WSC) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for WillScot Holdings Corporation (WSC), covering cash flow, earnings, and balance sheets.
WillScot Holdings Corporation (WSC) Income Statement & Financial Overview
Explore comprehensive income reports for WillScot Holdings Corporation WSC, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $559.55M | $602.51M | $601.43M | $604.59M |
| Cost of Revenue | $259.19M | $266.17M | $279.95M | $295.61M |
| Gross Profit | $300.37M | $336.35M | $321.48M | $308.98M |
| Gross Profit Ratio | $0.54 | $0.56 | $0.53 | $0.51 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $157.15M | $140.73M | $150.87M | $171.54M |
| Operating Expenses | $180.93M | $161.93M | $356.70M | $171.54M |
| Total Costs & Expenses | $440.12M | $388.76M | $636.65M | $467.15M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $58.47M | $59.35M | $55.82M | $55.55M |
| Depreciation & Amortization | $23.14M | $99.08M | $99.32M | $93.75M |
| EBITDA | $142.57M | $277.19M | $69.70M | $88.51M |
| EBITDA Ratio | $0.25 | $0.46 | $0.12 | $0.15 |
| Operating Income | $119.43M | $174.42M | -$35.22M | $137.44M |
| Operating Income Ratio | $0.21 | $0.29 | -$0.06 | $0.23 |
| Other Income/Expenses (Net) | -$58.47M | -$59.35M | -$55.82M | -$55.55M |
| Income Before Tax | $60.97M | $115.07M | -$91.04M | -$60.78M |
| Income Before Tax Ratio | $0.11 | $0.19 | -$0.15 | -$0.10 |
| Income Tax Expense | $17.91M | $25.85M | -$20.57M | -$13.93M |
| Net Income | $43.05M | $89.22M | -$70.47M | -$46.85M |
| Net Income Ratio | $0.08 | $0.15 | -$0.12 | -$0.08 |
| EPS | $0.23 | $0.48 | -$0.37 | -$0.25 |
| Diluted EPS | $0.23 | $0.48 | -$0.37 | -$0.25 |
| Weighted Avg Shares Outstanding | $183.68M | $184.35M | $188.28M | $189.68M |
| Weighted Avg Shares Outstanding (Diluted) | $185.30M | $186.21M | $188.28M | $189.68M |
The company's financials show resilient growth, with revenue advancing from $604.59M in Q2 2024 to $559.55M in Q1 2025. Gross profit remained healthy with margins at 54% in Q1 2025 compared to 51% in Q2 2024. Operating income hit $119.43M last quarter, sustaining a consistent 21% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $142.57M. Net income dropped to $43.05M, while earnings per share reached $0.23. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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