WSCWillScot Holdings Corporation

$4B

Q3 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$578M+25.4% YoY

Gross Profit

$298M51.5% margin

Operating Income

$144M25.0% margin

Net Income

$129M22.2% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$210M

Free Cash Flow

$65M

Stock-Based Comp.

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$4.1B

Stockholders' Equity

$1.7B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$578M	$461M	+25.4%
Gross Profit	$298M	$239M	+24.5%
Operating Income	$144M	$91M	+58.1%
Net Income	$129M	$61M	+110.5%

Revenue Segments

Leasing and Services

$580M35%

Modular Leasing

$448M27%

Modular Space Leasing

$226M14%

Modular Delivery and Installation

$133M8%

Portable Storage Leasing

$104M6%

Value-Added Product and Services

$96M6%

Other Leasing Related Products and Services

$22M1%

Rental Units

$14M1%

New Units

$10M1%

Value Added Services

$9M1%

Geographic Segments

UNITED STATES

$539M93%

CANADA

$35M6%

MEXICO

$4M1%