earnings
confidence high
sentiment positive
materiality 0.85
WillScot Mobile Mini Q4 Adj. EBITDA $268M (+43% YoY); FY23 outlook $1.0-1.05B
WillScot Holdings Corp
2022-FY EPS reported
$1.53
revenue$2,142,623,000
- Q4 revenue $591M (+28% YoY); Adj. EBITDA $268M (+43%); margin 45.4% (+480 bps).
- FY22 revenue $2,143M (+28%); Adj. EBITDA $884M (+36%); net income $340M.
- FY23 Adj. EBITDA outlook $1.0-1.05B (13-19% growth); capex down ~7% YoY.
- Completed UK Storage divestiture Jan 31 for $410M; net debt/EBITDA pro forma 3.1x.
- Repurchased 5.3M shares for $233M in Q4; no warrants outstanding.