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Other financials

Income statement

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Revenue$548.6M-2.0%
Gross profit$285.7M-4.9%
Operating income$96.7M-19.1%
Net income$28.1M-34.7%
EPS (diluted)$0.15-34.8%

Balance sheet

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Cash & equivalents$15.5M+45.5%
Total debt$4.0B-1.1%
Total equity$870.5M-13.9%
Total assets$5.8B-2.5%

Cash flow

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Operating cash flow$191.1M-7.5%
CapEx$3.6M-21.7%
Free cash flow$187.4M-7.2%

Valuation

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Market cap$5.22B-38.5%

Profitability

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Gross margin50.6%-3.7pp
Operating margin23.3%+12.2pp
Net margin-3%-3.6pp
FCF margin31.8%+8.7pp

Returns & leverage

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Return on equity-7.2%-8.5pp
Debt / equity4.6×+0.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by WillScot Holdings Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldDepreciation.

The official record: WillScot Holdings Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WillScot Holdings Corporation's depreciation?
WillScot Holdings Corporation (WSC) reported depreciation of $68.76M in Q1 2026.
How has WillScot Holdings Corporation's depreciation changed year-over-year?
WillScot Holdings Corporation's depreciation decreased by 7.0% year-over-year, from $73.95M to $68.76M.
What is the long-term trend for WillScot Holdings Corporation's depreciation?
Over 4 years (2021 to 2025), WillScot Holdings Corporation's depreciation has grown at a 10.3% compound annual growth rate (CAGR), from $225.34M to $333.97M.
What does depreciation mean?
This metric represents the systematic allocation of the cost of tangible rental assets over their estimated useful lives. For a company specializing in modular workspace and storage solutions, it reflects the wear and tear of the primary revenue-generating equipment fleet. High levels of depreciation relative to revenue may indicate a capital-intensive business model with significant ongoing reinvestment requirements.