WillScot Mobile Mini Holdings (WSC) AI Stock Analysis

• Market Cap: $4.87B
• Dividend Yield: 1.05%
• Average Volume (3M): 1.55M
• Price to Earnings (P/E): 296.4
• Beta (1Y): 1.57
• Revenue Growth: -0.77%
• EPS Growth: -94.12%
• Country: US
• Employees: 4,500
• Sector: Industrials
• Sector Strength: 85
• Industry: Rental & Leasing Services
• EPS (TTM): 0.24
• Shares Outstanding: 182,389,570
• 10 Day Avg. Volume: 1,383,157
• 30 Day Avg. Volume: 1,546,860
• PEG Ratio: 0.30
• Price to Book (P/B): 6.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 37.98
• Enterprise Value/Market Cap: 2.69
• Enterprise Value/Revenue: 1.37
• Enterprise Value/Gross Profit: 10.32
• Enterprise Value/Ebitda: 4.78
• 1Y Price Target: $35.25
• Price Target Upside: 33.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 59 Neutral
• Price Target: $28.00 ▲(5.78%Upside)

The stock's score is primarily impacted by a mixed financial performance with consistent revenue growth but recent profitability challenges. Technical indicators suggest a bearish trend, while an extremely high P/E ratio raises valuation concerns. The earnings call highlighted strong operational metrics but also ongoing challenges in revenue and margins.

Positive Factors

Growth Potential

WillScot is viewed as a high-quality company, given its attractive competitive position, long lease duration, resilient pricing power, track record of margin expansion, and countercyclical cash flows.

Operational Strategy

Management is taking the right operational and commercial steps to position the business to drive growth on the other side of the current market cycle.

Negative Factors

Interest Rate Environment

Broad-based uncertainty across various end-markets combined with the likelihood for a 'higher for longer' interest rate environment is expected to weigh on business investment and, in turn, WillScot’s volumes.

Macroeconomic Uncertainty

Weaker construction activity along with continued macroeconomic uncertainty likely points toward the lower end of management's full-year guidance range.

WillScot Mobile Mini Holdings Business Overview & Revenue Model

Company Description

WillScot Mobile Mini Holdings (WSC) is a leading provider of modular space and portable storage solutions. Operating primarily in North America, the company delivers a wide array of solutions aimed at increasing efficiency, productivity, and safety for its clientele. The company's core offerings include modular office units, portable storage containers, and other specialty accommodations, serving diverse sectors such as construction, education, healthcare, retail, and government.

How the Company Makes Money

WillScot Mobile Mini Holdings generates revenue through the leasing and sale of its modular space and portable storage units. The company's primary revenue stream is rental income from leasing these units to customers across various industries. Additionally, WSC earns money from the sale of new and used units, as well as providing value-added services such as unit delivery, installation, and maintenance. Strategic partnerships and long-term customer contracts further stabilize and enhance revenue streams, ensuring consistent earnings through both cyclical and non-cyclical economic conditions.

WillScot Mobile Mini Holdings Financial Statement Overview

Summary

WillScot Mobile Mini Holdings presents a mixed financial performance. Despite robust revenue growth over the years, the TTM period shows some profitability challenges, with declining net income impacting net profit margins and return on equity. The company's leveraged balance sheet positions it at risk if not cautiously managed. Strong cash flows provide some buffer, though careful monitoring of expenditure and debt levels is essential for sustainable growth.

Income Statement

WillScot Mobile Mini Holdings shows a consistent revenue growth trend, with a notable increase from 2020 to 2024. However, the TTM data indicates a slight dip in revenue. Gross profit margins have remained healthy, though net income has fluctuated significantly, affecting the net profit margin negatively in the TTM period. The company maintains decent EBIT and EBITDA margins, reflecting operational efficiency, although the recent decline in EBIT shows potential challenges.

Balance Sheet

The balance sheet of WillScot Mobile Mini Holdings highlights a high debt-to-equity ratio, indicating a leveraged position which may pose risks if not managed properly. The equity ratio shows a declining trend, suggesting increased liabilities relative to assets. Return on equity has weakened in the TTM period due to reduced net income, impacting profitability metrics.

Cash Flow

The company exhibits strong operating cash flow, often exceeding net income, which points to effective cash generation from core activities. Free cash flow has shown variability but remains positive, indicating flexibility in financing and investments. The decline in free cash flow in the TTM suggests increased capital expenditures or reduced operating cash flows.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.37B	2.40B	2.36B	2.14B	1.89B	1.37B
	Gross Profit
1.27B	1.30B	1.33B	1.14B	968.21M	659.97M
	EBIT
396.07M	263.92M	673.46M	511.48M	360.27M	257.82M
	EBITDA
577.97M	669.06M	1.02B	826.05M	536.35M	377.48M
	Net Income Common Stockholders
14.94M	28.13M	476.46M	339.54M	160.14M	74.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.68M	9.00M	10.96M	7.39M	12.70M	24.94M
	Total Assets
5.96B	6.03B	6.14B	5.83B	5.77B	5.57B
	Total Debt
3.88B	3.98B	3.80B	3.30B	2.96B	2.70B
	Net Debt
3.87B	3.97B	3.79B	3.29B	2.95B	2.68B
	Total Liabilities
4.95B	5.02B	4.88B	4.26B	3.78B	3.43B
	Stockholders Equity
1.01B	1.02B	1.26B	1.57B	2.00B	2.14B
Cash Flow		Free Cash Flow
334.64M	543.21M	512.03M	257.86M	230.91M	115.97M
	Operating Cash Flow
559.60M	561.64M	761.24M	744.66M	539.90M	304.81M
	Investing Cash Flow
-316.34M	-362.35M	-350.00M	-309.33M	-384.05M	-125.36M
	Financing Cash Flow
-244.43M	-200.12M	-418.94M	-429.37M	-167.89M	-158.96M

WillScot Mobile Mini Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.47
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WSC, the sentiment is Negative. The current price of 26.47 is below the 20-day moving average (MA) of 27.64, above the 50-day MA of 26.45, and below the 200-day MA of 33.29, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.30 is Neutral, neither overbought nor oversold. The STOCH value of 21.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WSC.

WillScot Mobile Mini Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MGRC	78 Outperform	$2.80B	11.79	22.80%	1.70%	7.31%	91.99%
URI	77 Outperform	$45.16B	17.99	30.17%	1.03%	7.20%	4.56%
HRI	66 Neutral	$3.78B	25.39	9.60%	2.46%	8.34%	-63.02%
Sector *	66 Neutral	$4.50B	12.26	5.40%	3.65%	4.17%	-12.02%
WSC	59 Neutral	$4.87B	296.45	1.28%	1.05%	-0.77%	-94.12%
PONY	45 Neutral	$4.13B	―	-33.58%	―	4.27%	-120.11%

WillScot Mobile Mini Holdings Corporate Events

WillScot Mobile Mini Holds Annual Stockholders Meeting

At the annual meeting of stockholders of WillScot Holdings Corporation held on June 6, 2025, stockholders voted on three proposals. All ten of management’s nominees for directors were elected to serve until the 2026 annual meeting. Additionally, Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025, and the compensation of the company’s named executive officers was approved on an advisory basis.

The most recent analyst rating on (WSC) stock is a Hold 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.