WillScot reports Q2 EPS 26c, consensus 35c

Reports Q2 revenue $589M, consensus $587.53M. “Our second quarter 2025 financial results were broadly in line with our expectations with an adjusted EBITDA margin of 42.3%, and an adjusted free cash flow margin of 22.1%,” said Brad Soultz, CEO of WillScot (WSC). “Consistent with our capital allocation framework, we deployed approximately $134M towards tuck-in acquisitions, including a leading regional climate-controlled temporary storage business, and returned $53M to shareholders through share repurchases and our quarterly cash dividend. While we continue to see strength in larger projects, the end market outlook overall remains mixed in the near term. We are progressing the various initiatives outlined in our investor day, targeting to achieve $3B of annualized revenue, $1.5B of adjusted EBITDA, and $700M of adjusted free cash flow in three-to-five years.”