WillScot Mobile Mini Holdings (WSC) AI Stock Analysis

• Market Cap: $3.63B
• Dividend Yield: 1.05%
• Average Volume (3M): 3.90M
• Price to Earnings (P/E): 16.5
• Beta (1Y): 1.99
• Revenue Growth: -3.64%
• EPS Growth: 867.62%
• Country: US
• Employees: 4,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): 0.30
• Shares Outstanding: 181,945,700
• 10 Day Avg. Volume: 4,893,882
• 30 Day Avg. Volume: 3,895,218
• PEG Ratio: -2.39
• Price to Book (P/B): 6.18
• Price to Sales (P/S): 2.63
• P/FCF Ratio: 11.58
• Enterprise Value/Market Cap: 2.14
• Enterprise Value/Revenue: 3.35
• Enterprise Value/Gross Profit: 6.52
• Enterprise Value/Ebitda: 8.88
• 1Y Price Target: $24.43
• Price Target Upside: 22.39% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 1.13
• Revenue Forecast (FY): $2.26B

• Rating: 66 Neutral
• Price Target: $22.00 ▲(10.22% Upside)

WillScot Mobile Mini Holdings has strong operational efficiency and cash flow generation, which are significant strengths. However, declining revenue growth, high leverage, and bearish technical indicators present challenges. The mixed sentiment from the earnings call further tempers the outlook.

Positive Factors

Strong Cash Flow

Strong cash flow generation supports operational and investment needs, providing financial stability and flexibility for future growth.

Operational Improvements

Cost optimizations enhance operational efficiency, potentially boosting margins and profitability, supporting long-term financial health.

Extended Credit Facility

Lower borrowing costs and extended credit maturity enhance financial flexibility, reducing interest expenses and supporting strategic initiatives.

Negative Factors

High Financial Leverage

Significant leverage poses financial risks, potentially straining cash flow and limiting flexibility in adverse market conditions.

Revenue Decline

Declining revenue indicates challenges in market demand or competitive pressures, potentially impacting long-term growth prospects.

Challenges in Canadian Market

A weaker Canadian market affects revenue, highlighting regional vulnerabilities that could impact overall performance if not addressed.

WillScot Mobile Mini Holdings Business Overview & Revenue Model

Company Description

WillScot Mobile Mini Holdings Corp. is a leading provider of modular space and portable storage solutions in North America. The company operates in two primary sectors: modular space and portable storage. WillScot offers a diverse range of products including mobile offices, classroom units, and storage containers, catering to various industries such as construction, education, healthcare, and government. With a strong emphasis on flexibility and scalability, the company aims to meet the temporary space and storage needs of its clients.

How the Company Makes Money

WillScot generates revenue primarily through the rental of modular space units and portable storage containers. The company charges customers on a monthly basis for the use of its products, creating a recurring revenue stream. Additionally, WillScot offers sales of new and used modular units and storage containers, contributing to its revenue. The company benefits from economies of scale, as it operates a large fleet of units and has extensive operational capabilities across North America. Strategic partnerships with construction firms and other industries also enhance its revenue potential by ensuring a steady demand for its services. Seasonal fluctuations in construction and other sectors can impact earnings, but the company's diversified portfolio helps mitigate risks associated with economic cycles.

WillScot Mobile Mini Holdings Financial Statement Overview

Summary

WillScot Mobile Mini Holdings shows strong operational efficiency and cash flow generation, with a robust gross profit margin and impressive free cash flow growth. However, challenges include declining revenue growth and a high debt-to-equity ratio, which could pose financial risks.

Income Statement

WillScot Mobile Mini Holdings shows a strong gross profit margin of 51.35% TTM, indicating efficient cost management. However, the revenue growth rate has declined by 1.47% TTM, suggesting potential challenges in market expansion. The net profit margin of 9.64% TTM is healthy, but lower than previous years, indicating some profitability pressures. The EBIT and EBITDA margins are robust at 18.42% and 34.73% TTM, respectively, reflecting good operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 3.60 TTM, which could pose financial risk if not managed carefully. Return on equity is strong at 21.68% TTM, demonstrating effective use of equity to generate profits. However, the equity ratio is relatively low, indicating a higher reliance on debt financing.

Cash Flow

The free cash flow growth rate is impressive at 60.82% TTM, showing strong cash generation capabilities. The operating cash flow to net income ratio of 1.19 TTM indicates that the company is generating sufficient cash from operations. The free cash flow to net income ratio of 0.88 TTM suggests a solid conversion of net income into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.32B	2.40B	2.36B	2.14B	1.67B	1.27B
Gross Profit	1.19B	1.30B	1.33B	1.14B	844.70M	608.43M
EBITDA	872.78M	648.89M	1.01B	854.99M	585.98M	369.80M
Net Income	223.54M	28.13M	476.46M	339.54M	160.14M	74.13M
Balance Sheet
Total Assets	6.10B	6.03B	6.14B	5.83B	5.77B	5.57B
Cash, Cash Equivalents and Short-Term Investments	14.76M	9.00M	10.96M	7.39M	6.39M	24.94M
Total Debt	3.91B	3.98B	3.80B	3.30B	2.90B	2.70B
Total Liabilities	5.04B	5.02B	4.88B	4.26B	3.78B	3.51B
Stockholders Equity	1.06B	1.02B	1.26B	1.57B	2.00B	2.06B
Cash Flow
Free Cash Flow	552.80M	262.35M	512.03M	257.86M	230.91M	115.97M
Operating Cash Flow	782.01M	561.64M	761.24M	744.66M	539.90M	304.81M
Investing Cash Flow	-443.35M	-362.35M	-350.00M	-309.33M	-384.05M	-125.36M
Financing Cash Flow	-335.73M	-200.12M	-418.94M	-429.37M	-167.89M	-158.96M

WillScot Mobile Mini Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 19.96
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WSC, the sentiment is Neutral. The current price of 19.96 is above the 20-day moving average (MA) of 18.37, below the 50-day MA of 20.41, and below the 200-day MA of 25.68, indicating a neutral trend. The MACD of -0.50 indicates Negative momentum. The RSI at 54.81 is Neutral, neither overbought nor oversold. The STOCH value of 87.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for WSC.

WillScot Mobile Mini Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WSC	66 Neutral	$3.63B	16.50	21.15%	1.05%	-3.64%	867.62%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
R	61 Neutral	$6.95B	14.60	16.26%	2.00%	1.68%	9.91%
HRI	58 Neutral	$4.42B	―	-4.05%	2.10%	19.40%	-120.47%
MGRC	58 Neutral	$2.51B	17.26	12.70%	1.89%	4.77%	-35.44%
CTOS	49 Neutral	$1.44B	―	-3.00%	―	7.39%	34.57%
FPAY	39 Underperform	$150.23K	-0.05	―	―	19.51%	29.43%

WillScot Mobile Mini Holdings Corporate Events

Willscot Mobile Mini’s Earnings Call: Mixed Sentiments and Strategic Shifts

The recent earnings call of Willscot Mobile Mini Holdings Corp. presented a mixed sentiment, balancing operational improvements and cost optimizations against revenue declines. While the company showcased optimism with new product lines and strategic cost reductions, challenges remain, particularly in traditional storage and Canadian markets. The call highlighted ongoing issues such as account receivable write-offs and potential restructuring charges.

WillScot Mobile Mini Reports Mixed Q3 2025 Results

WillScot Mobile Mini Holdings Corp., a leader in innovative temporary space solutions, operates in the modular space and portable storage industry, providing a range of products including modular offices, portable storage containers, and climate-controlled units across North America. In its third quarter of 2025, WillScot reported mixed financial results with a revenue of $567 million and a net income of $43 million. Despite a decline in leasing revenues by 4.7% year-over-year, the company maintained a strong cash flow and adjusted EBITDA of $243 million. Key financial highlights include a gross profit margin of 49.7%, adjusted net income of $55 million, and adjusted diluted earnings per share of $0.30. The company also focused on debt reduction, paying down $84 million of outstanding debt, and returned $21 million to shareholders through share repurchases and dividends. Looking ahead, WillScot’s management remains focused on growth and operational excellence, with a conservative outlook for the remainder of 2025, expecting $545 million in revenue and $250 million in adjusted EBITDA for the fourth quarter. The company aims to drive growth into 2026 by leveraging strong demand in enterprise accounts and differentiated service offerings.

WillScot Amends Credit Agreement with Bank of America

On October 16, 2025, Williams Scotsman, Inc., a subsidiary of WillScot Holdings Corporation, along with other subsidiaries, amended their ABL Credit Agreement with Bank of America and other lenders. The amendment extends the revolving credit facilities to 2030, reduces interest rate spreads, and removes certain UK-related provisions, among other changes, impacting the company’s financial operations and potentially enhancing its market positioning.

The most recent analyst rating on (WSC) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on WillScot Mobile Mini Holdings stock, see the WSC Stock Forecast page.

WillScot Mobile Mini Relocates Headquarters to Scottsdale

On October 1, 2025, WillScot Holdings Corporation relocated its headquarters to 6400 E McDowell Road, Suite 300, Scottsdale, Arizona, 85257. This move signifies a change in the company’s principal mailing address, although its telephone number remains unchanged, impacting how stockholders and others will correspond with the company.

The most recent analyst rating on (WSC) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on WillScot Mobile Mini Holdings stock, see the WSC Stock Forecast page.

WillScot Mobile Mini Announces Leadership Changes

WillScot Mobile Mini Holdings, a leader in modular space and portable storage solutions, announced significant leadership changes. On September 3, 2025, the company revealed that Timothy D. Boswell will take over as CEO from Bradley L. Soultz on January 1, 2026. Worthing Jackman will become Executive Chair of the Board, while Jeff Sagansky will serve as Lead Independent Director. These changes are accompanied by adjustments in board size and executive compensation, reflecting a strategic shift in leadership aimed at strengthening the company’s market position.

The most recent analyst rating on (WSC) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on WillScot Mobile Mini Holdings stock, see the WSC Stock Forecast page.