WSC Q1 2023 Earnings — WillScot Holdings Corporation Revenue & Financial Results | Market Cap Arena

WSCWillScot Holdings Corporation

$4B

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$565M+25.3% YoY

Gross Profit

$323M57.1% margin

Operating Income

$152M26.8% margin

Net Income

$211M37.3% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$149M

Free Cash Flow

$95M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$565M	$451M	+25.3%
Gross Profit	$323M	$234M	+38.1%
Operating Income	$152M	$82M	+85.6%
Net Income	$211M	$51M	+312.1%

Revenue Segments

New Units

$11M56%

Rental Units

$8M44%

Geographic Segments

UNITED STATES

$533M94%

CANADA

$27M5%

MEXICO

$5M1%