WillScot Holdings Corp(WSC)Stock Analysis
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Rank #1,104 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
WSC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for WillScot Holdings Corp (WSC), a Industrials sector company. 13F Pro's AI-powered ranking engine scores WSC at 56.4/100 on a 32-signal composite quality model, placing it at rank #1,104 of 2,879 stocks — the top half of the AI-ranked universe. WSC scores in the top quartile across free cash flow (88.3). Areas of concern include earnings quality (8.0) and revenue growth (27.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 44.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), WillScot Holdings Corp reports quarterly revenue of $548.6M, net income of $28.1M, free cash flow of $187.4M. Top institutional holders of WSC by reported 13-F value include FMR, BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. WSC trades on the Nasdaq exchange and files with the SEC under CIK 1647088. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WSC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WillScot Holdings Corp directly from SEC EDGAR. WillScot Holdings Corp's 13F Pro composite quality score has ranged between 41 and 56 since 2024, currently 56.4 — an improving long-term trajectory across 15 quarterly and live scoring snapshots.
Revenue
Q1 2026
$548.6M
Net Income
Q1 2026
$28.1M
Free Cash Flow
Q1 2026
$187.4M
ROIC
Q1 2026
2.2%
D/E Ratio
Q1 2026
4.04
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+6.5% YoYNet Income
-115.6% YoYOperating Income
-64.5% YoYEPS (Diluted)
-119.0% YoYTotal Assets
-0.2% YoYTotal Debt
+16.6% YoYOp. Cash Flow
+2.3% YoY| Metric | FY 2025 | FY 2022 | FY 2016 | FY 2014 |
|---|---|---|---|---|
| Revenue | $2.28B +6.5% | $2.14B +402.2% | $426.6M | — |
| Net Income | $-53.0M -115.6% | $340.0M +1199.0% | $-30.9M | — |
| Operating Income | $181.5M -64.5% | $511.5M +16133.9% | $-3.2M | — |
| EPS (Diluted) | $-0.29 -119.0% | $1.53 +30500.0% | $0.01 | — |
| Total Assets | $5.82B -0.2% | $5.83B +1061.8% | $501.6M | — |
| Total Debt | $3.59B +16.6% | $3.08B +367.8% | $657.6M | — |
| Operating Cash Flow | $762.0M +2.3% | $744.7M +1167.9% | $58.7M | — |
AI Insight: WSC Financial Trends
Revenue has declined five consecutive quarters to $549M in Q1 2026, while a $187M net loss in Q4 2025 wiped out equity to a new low of $856M.
• Revenue fell from $605M in Q2 2024 to $549M in Q1 2026, a five-quarter consecutive decline of roughly 9%.
• Operating income swung from -$184M in Q4 2025 back to $97M in Q1 2026, but remains well below Q4 2024's $174M peak.
• Operating cash flow has held relatively firm, ranging $159M–$207M across the last five quarters, suggesting resilient cash conversion.
• Total debt has barely budged, staying $3,514M–$3,708M across all periods, while equity has eroded from $1,201M to $871M.
⚠ Equity collapsed from $1,054M to $856M in a single quarter (Q4 2025) on a $187M net loss — requires explanation of the charge.
⚠ Leverage is rising as debt holds near $3.5B while equity shrinks; debt-to-equity has climbed from ~2.9x to ~4.0x over eight quarters.
⚠ Whether Q1 2026's $549M revenue stabilizes or continues declining is the key inflection for the revenue trend.
AI Insight: WSC Ratio Trends
A large Q4 2025 loss — likely a one-off impairment — collapsed TTM metrics, obscuring an otherwise stable ~21% operating margin run-rate through Q1–Q3 2025.
• Operating margin held in a tight 21.0%–21.5% band from Q1 2025 through Q3 2025, signaling operational consistency.
• Q4 2025 operating margin crashed to -32.5% and ROE to -87.5%, dragging TTM operating margin down to just 7.0%.
• Q1 2026 operating margin partially recovered to 17.6%, with ROE at 12.9% and ROIC at 8.8%, suggesting underlying business intact.
• Debt-to-equity rose from 2.90 in Q2 2024 to 4.19 in Q4 2025, remaining elevated at 4.04 in Q1 2026.
⚠ Nature and recurrence risk of the Q4 2025 charge needs clarity — until disclosed, TTM profitability metrics are unreliable.
⚠ D/E at 4.04 in Q1 2026 is near cycle highs; ROIC of 8.8% provides thin coverage for elevated leverage.
⚠ Whether Q1 2026's 17.6% operating margin can return to the prior 21%+ run-rate is the key recovery inflection to track.
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Available Research
13F Pro tracks comprehensive data for WillScot Holdings Corp including:
Top Institutional Holders of WSC
FMR LLC
$470.2M27,083,429 shBlackRock, Inc.
$372.7M21,466,044 shVANGUARD PORTFOLIO MANAGEMENT LLC
$161.0M9,273,622 shVANGUARD CAPITAL MANAGEMENT LLC
$136.8M7,879,454 shTurtle Creek Asset Management Inc.
$136.6M7,870,039 shColiseum Capital Management, LLC
$108.0M6,219,477 shALLIANCEBERNSTEIN L.P.
$102.5M5,442,242 shSTATE STREET CORP
$101.9M5,867,584 shCapital International Investors
$85.5M4,924,796 shSAMLYN CAPITAL, LLC
$80.8M4,656,451 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $470.2M | 27,083,429 |
| BlackRock, Inc. | $372.7M | 21,466,044 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $161.0M | 9,273,622 |
| VANGUARD CAPITAL MANAGEMENT LLC | $136.8M | 7,879,454 |
| Turtle Creek Asset Management Inc. | $136.6M | 7,870,039 |
| Coliseum Capital Management, LLC | $108.0M | 6,219,477 |
| ALLIANCEBERNSTEIN L.P. | $102.5M | 5,442,242 |
| STATE STREET CORP | $101.9M | 5,867,584 |
| Capital International Investors | $85.5M | 4,924,796 |
| SAMLYN CAPITAL, LLC | $80.8M | 4,656,451 |
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Popular Research
Is WSC a good stock to buy?
13F Pro's AI-powered analysis of WillScot Holdings Corp (WSC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WSC are available on the WSC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own WSC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WSC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of WillScot Holdings Corp's investment landscape.