WSC Q2 2024 Earnings — WillScot Holdings Corporation Revenue & Financial Results | Market Cap Arena

WSCWillScot Holdings Corporation

$4B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$605M+3.9% YoY

Gross Profit

$327M54.1% margin

Operating Income

-$5M-0.9% margin

Net Income

-$47M-7.7% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$176M

Free Cash Flow

$104M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$4.8B

Stockholders' Equity

$1.2B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$605M	$582M	+3.9%
Gross Profit	$327M	$328M	-0.2%
Operating Income	-$5M	$167M	-103.1%
Net Income	-$47M	$88M	-153.4%

Revenue Segments

Leasing and Services

$567M37%

Modular Leasing

$459M30%

Modular Space Leasing

$254M17%

Value-Added Product and Services

$100M7%

Portable Storage Leasing

$86M6%

New Units

$21M1%

Other Leasing Related Products and Services

$18M1%

Rental Units

$16M1%

Value Added Services

$10M1%

Geographic Segments

UNITED STATES

$565M93%

CANADA

$32M5%

MEXICO

$7M1%