WSCWillScot Holdings Corporation

$3B

Q2 2020 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$257M-3.5% YoY

Gross Profit

$110M42.8% margin

Operating Income

$41M16.0% margin

Net Income

-$15M-6.0% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.8B

Stockholders' Equity

$705M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$257M	$266M	-3.5%
Gross Profit	$110M	$104M	+5.8%
Operating Income	$41M	$27M	+53.2%
Net Income	-$15M	-$11M	-41.8%

Revenue Segments

Leasing and Services

$242M35%

Modular Leasing

$190M27%

Modular Space Leasing

$132M19%

Modular Delivery and Installation

$52M7%

Value-Added Product and Services

$42M6%

NewUnitsMember

$10M1%

Other Leasing Related Products and Services

$10M1%

Portable Storage Leasing

$6M1%

RentalUnitsMember

$5M1%

Value Added Services

$4M1%

Geographic Segments

UNITED STATES

$238M93%

CANADA

$16M6%

MEXICO

$3M1%