WSCWillScot Holdings Corporation

$4B

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$582M+11.3% YoY

Gross Profit

$328M56.3% margin

Operating Income

$167M28.6% margin

Net Income

$88M15.1% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$202M

Free Cash Flow

$142M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$4.3B

Stockholders' Equity

$1.4B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$582M	$523M	+11.3%
Gross Profit	$328M	$275M	+19.1%
Operating Income	$167M	$114M	+46.0%
Net Income	$88M	$73M	+19.6%

Revenue Segments

Rental Units

$11M55%

New Units

$9M45%

Geographic Segments

UNITED STATES

$545M94%

CANADA

$31M5%

MEXICO

$6M1%

WSC Q2 2023 Earnings — WillScot Holdings Corporation Revenue & Financial Results | Market Cap Arena