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WillScot Holdings Corporation WSC US — Total rental equipment

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Canada
$405.24M+8.2%
Mexico
$48.28M+17.2%

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Other financials

Income statement

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Revenue$612.2M+3.9%
Gross profit$306.3M+3.4%
Operating income$117.5M-7.4%
Net income$47.0M-2.0%
EPS (diluted)$0.260.0%

Balance sheet

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Cash & equivalents$18.2M+41.4%
Total debt$4.0B-3.6%
Total equity$910.7M-12.0%
Total assets$5.9B-3.9%

Cash flow

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Operating cash flow$162.3M-21.0%
CapEx$4.7M-24.6%
Free cash flow$157.5M-20.9%

Valuation

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Market cap$4.67B+4.6%
Enterprise value$8.62B+0.6%
P/S+0.1×

Profitability

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Gross margin50.5%-2.8pp
Operating margin23.3%+12.2pp
Net margin-3%-7.7pp
FCF margin29.7%+5.2pp

Returns & leverage

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Return on equity-7.1%-16.9pp
Debt / equity4.4×+0.4×
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:PropertySubjectToOrAvailableForOperatingLeaseGross.

The source filing: WillScot Holdings Corporation’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:31 PM EST
Fiscal year
FY2025
Accession
0001647088-26-000011
(in thousands)20252024
US$4,711,272$4,532,692
Canada405,239374,446
Mexico48,28141,178
Total rental equipment5,164,7924,948,316
Less: accumulated depreciation(2,071,471)(1,570,377)
Rental equipment, net$3,093,321$3,377,939

Item 8. Financial Statements and Supplementary Data

FAQ

What is WillScot Holdings Corporation's US — total rental equipment?
WillScot Holdings Corporation (WSC) reported US — total rental equipment of $4.71B in Q4 2025.
What does US — total rental equipment mean?
This metric measures the total value or volume of the fleet assets deployed for lease within the specified geographic segment. It reflects the company's capital commitment to its rental business and its capacity to meet customer demand for portable workspace and storage solutions. Tracking this asset base provides insight into the company's operational footprint and the potential for future rental revenue generation.

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