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WillScot Holdings Corporation WSC Rental units — Cost of Sales

Other product segments

New units
$6.22M-59.1%

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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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 rental units — cost of sales?
WillScot Holdings Corporation (WSC) reported rental units — cost of sales of $8.7M in Q1 2026.
How has WillScot Holdings Corporation's rental units — cost of sales changed year-over-year?
WillScot Holdings Corporation's rental units — cost of sales increased by 6.5% year-over-year, from $8.17M to $8.7M.
What is the long-term trend for WillScot Holdings Corporation's rental units — cost of sales?
Over 4 years (2021 to 2025), WillScot Holdings Corporation's rental units — cost of sales has grown at a 6.0% compound annual growth rate (CAGR), from $28.32M to $35.72M.
What does rental units — cost of sales mean?
This metric captures the direct costs associated with maintaining, delivering, and servicing rental units, including depreciation, repairs, and logistics expenses. Monitoring this figure helps assess the operational efficiency and profitability of the rental fleet. A lower ratio of cost of sales to rental revenue suggests improved asset utilization and cost management.