WSCWillScot Holdings Corporation

$4B

Q2 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$523M+13.4% YoY

Gross Profit

$275M52.6% margin

Operating Income

$114M21.8% margin

Net Income

$73M14.0% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+15.9%

Cash Flow

Operating Cash Flow

$188M

Free Cash Flow

$48M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$4.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$523M	$461M	+13.4%
Gross Profit	$275M	$223M	+23.5%
Operating Income	$114M	$71M	+61.6%
Net Income	$73M	$20M	+260.2%

Revenue Segments

Leasing and Services

$554M35%

Modular Leasing

$429M27%

Modular Space Leasing

$213M14%

Modular Delivery and Installation

$125M8%

Portable Storage Leasing

$89M6%

Value-Added Product and Services

$87M6%

Tank and Pump Solutions Segment

$21M1%

Other Leasing Related Products and Services

$19M1%

Rental Units

$17M1%

New Units

$11M1%

Value Added Services

$7M0%

Geographic Segments

UNITED STATES

$517M93%

CANADA

$33M6%

MEXICO

$5M1%