WSCWillScot Holdings Corporation

$3B

Q1 2020 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$256M+0.3% YoY

Gross Profit

$106M41.5% margin

Operating Income

$25M9.9% margin

Net Income

$92M35.9% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

-$3M

Stock-Based Comp.

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.2B

Stockholders' Equity

$619M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$256M	$255M	+0.3%
Gross Profit	$106M	$105M	+1.5%
Operating Income	$25M	$21M	+19.7%
Net Income	$92M	-$10M	+991.0%

Revenue Segments

Leasing and Services

$239M35%

Modular Leasing

$188M27%

Modular Space Leasing

$131M19%

Modular Delivery and Installation

$51M7%

Value-Added Product and Services

$41M6%

Other Leasing Related Products and Services

$10M1%

NewUnitsMember

$10M1%

RentalUnitsMember

$7M1%

Portable Storage Leasing

$6M1%

Value Added Services

$4M1%

Geographic Segments

UNITED STATES

$235M92%

CANADA

$17M7%

MEXICO

$4M1%