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WillScot Reports Strong Q1 2025 Results, Reaffirms Outlook

WillScot Reports Strong Q1 2025 Results, Reaffirms Outlook

Willscot Mobile Mini Holdings Corp. ( (WSC) ) has released its Q1 earnings. Here is a breakdown of the information Willscot Mobile Mini Holdings Corp. presented to its investors.

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WillScot Mobile Mini Holdings Corp., a leader in innovative temporary space solutions, operates in North America providing modular offices, portable storage, and other turnkey space solutions across various sectors. In its first quarter of 2025, WillScot reported a revenue of $560 million and a net income of $43 million, with a gross profit margin of 53.7%. The company also returned $45 million to shareholders and reaffirmed its full-year financial outlook, highlighting the resilience of its recurring lease revenues. Key financial metrics included an Adjusted EBITDA of $229 million at a 40.9% margin and an Adjusted Free Cash Flow of $145 million. The company also completed a $500 million offering of senior secured notes, enhancing its financial flexibility. Looking ahead, WillScot remains confident in achieving its 2025 financial targets, supported by a strong order book and strategic investments in growth and margin expansion.

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