WSCWillScot Holdings Corporation

$3B

Q3 2020 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$417M+53.2% YoY

Gross Profit

$210M50.2% margin

Operating Income

$25M6.0% margin

Net Income

-$6M-1.4% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+62.5%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$13M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$3.5B

Stockholders' Equity

$2.1B

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$417M	$272M	+53.2%
Gross Profit	$210M	$103M	+102.6%
Operating Income	$25M	$30M	-17.7%
Net Income	-$6M	$489,000	-1337.4%

Revenue Segments

Leasing and Services

$385M35%

Modular Leasing

$300M27%

Modular Space Leasing

$164M15%

Modular Delivery and Installation

$85M8%

Value-Added Product and Services

$56M5%

Portable Storage Leasing

$53M5%

NewUnitsMember

$19M2%

Tank and Pump Solutions Segment

$14M1%

RentalUnitsMember

$13M1%

Other Leasing Related Products and Services

$13M1%

Value Added Services

$6M1%

Geographic Segments

UNITED STATES

$368M93%

CANADA

$24M6%

MEXICO

$3M1%