WillScot Mobile Mini Holdings (WSC) AI Stock Analysis

• Market Cap: $3.98B
• Dividend Yield: 1.44%
• Average Volume (3M): 3.91M
• Price to Earnings (P/E): 18.1
• Beta (1Y): 1.97
• 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: 3,047,901
• 30 Day Avg. Volume: 3,909,518
• 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: 1.95
• Enterprise Value/Revenue: 3.35
• Enterprise Value/Gross Profit: 6.52
• Enterprise Value/Ebitda: 8.88
• 1Y Price Target: $23.86
• Price Target Upside: 9.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: $20.50 ▼(-6.18% Downside)

The score is driven primarily by strong margins and cash flow generation, partially offset by high leverage and slight revenue contraction. Technical signals are notably weak (price below key moving averages and negative MACD), limiting near-term confidence. Valuation is reasonable and the earnings call was mixed: conservative guidance and restructuring risk are balanced by cash flow strength, cost actions, and product-line momentum.

Positive Factors

Strong Cash Flow

The strong cash generation capability supports financial flexibility and strategic investments, enhancing long-term business resilience.

Operational Improvements

Cost optimizations through network improvements can enhance profitability and efficiency, contributing to sustainable margin expansion.

New Product Line Traction

Growth in new product lines indicates successful market adaptation and potential for revenue diversification, supporting future growth.

Negative Factors

Revenue Decline

Declining revenue suggests challenges in market demand or competitive positioning, potentially impacting future growth prospects.

High Leverage

Elevated leverage increases financial risk and may constrain the company's ability to invest in growth or weather economic downturns.

Potential Restructuring Charges

Potential restructuring charges could affect short-term profitability and indicate underlying operational challenges needing resolution.

WillScot Mobile Mini Holdings Business Overview & Revenue Model

Company Description

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers. The company leases modular space and portable storage units to customers in the construction, commercial and industrial, retail and wholesale trade, energy and natural resources, education, government and institutions, and healthcare markets. The company offers its solutions primarily under the WillScot and Mobile Mini brand names. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. WillScot Mobile Mini Holdings Corp. is headquartered in Phoenix, Arizona.

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: Positive
• Last Price: 21.85
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 21.85 is above the 20-day moving average (MA) of 19.90, above the 50-day MA of 19.50, and below the 200-day MA of 23.98, indicating a neutral trend. The MACD of 0.45 indicates Negative momentum. The RSI at 62.46 is Neutral, neither overbought nor oversold. The STOCH value of 92.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WSC.

WillScot Mobile Mini Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
R	73 Outperform	$7.73B	16.24	16.26%	1.75%	1.68%	9.91%
HRI	67 Neutral	$5.59B	-65.35	-4.05%	1.79%	19.40%	-120.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
WSC	62 Neutral	$3.98B	18.08	21.15%	1.44%	-3.64%	867.62%
MGRC	58 Neutral	$2.67B	18.34	12.70%	1.79%	4.77%	-35.44%
CTOS	50 Neutral	$1.41B	-55.92	-3.00%	―	7.39%	34.57%

WillScot Mobile Mini Holdings Corporate Events

WillScot Launches Network Optimization and Restructuring Initiative

On December 18, 2025, WillScot Holdings Corporation’s board approved a multi-year Network Optimization Plan following its 2024 integration of modular and storage field operations and a detailed review of its real estate footprint and rental fleet. Under the restructuring, the company will exit about 725 acres of leased real estate over the next four years, covering 115 branch and drop lot locations—roughly a quarter of its leased acreage—and abandon rental fleet units with a net book value of up to $315 million, primarily long idle, non-standard or high-repair modular and storage units, while maintaining market coverage and sufficient idle fleet. The plan triggered around $41 million of incremental depreciation on equipment identified for disposal during the eleven months ended November 30, 2025, and will include approximately $303 million of non-cash accelerated depreciation recorded in the fourth quarter of 2025 and an estimated $40 million to $50 million of cash disposal costs through 2029, with about $20 million of net cash costs expected in 2026; management expects the initiative to curb annual real estate cost increases by $25 million to $30 million and to be accretive to profitability from 2027 onward, with all related charges reported as restructuring costs in other operating expenses.

The most recent analyst rating on (WSC) stock is a Buy with a $24.00 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 Appoints New Chief Accounting Officer

On December 8, 2025, WillScot Holdings Corporation announced the appointment of Carisa Bianchi as Senior Vice President, Chief Accounting Officer, effective January 12, 2026. Ms. Bianchi, with over 25 years of experience in finance and operations, has held significant roles at Insight Enterprises and Amkor Technology. Her appointment includes a comprehensive compensation package with both cash and equity incentives, and she will become the principal accounting officer in her starting quarter, although Mathew T. Jacobsen will handle the 2025 10-K filing.

The most recent analyst rating on (WSC) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on WillScot Mobile Mini Holdings stock, see the WSC Stock Forecast page.

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.