WSCWillScot Holdings Corporation

$3B

Q3 2021 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$461M+10.5% YoY

Gross Profit

$239M51.9% margin

Operating Income

$91M19.8% margin

Net Income

$61M13.3% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$130M

Free Cash Flow

$67M

Stock-Based Comp.

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$3.7B

Stockholders' Equity

$2.0B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$461M	$417M	+10.5%
Gross Profit	$239M	$210M	+14.2%
Operating Income	$91M	$25M	+265.3%
Net Income	$61M	-$6M	+1109.8%

Revenue Segments

Leasing and Services

$463M35%

Modular Leasing

$363M27%

Modular Space Leasing

$189M14%

Modular Delivery and Installation

$100M8%

Value-Added Product and Services

$74M6%

Portable Storage Leasing

$66M5%

Tank and Pump Solutions Segment

$19M1%

Other Leasing Related Products and Services

$16M1%

NewUnitsMember

$16M1%

RentalUnitsMember

$12M1%

Value Added Services

$7M1%

Geographic Segments

UNITED STATES

$427M92%

CANADA

$32M7%

MEXICO

$4M1%