8-K
filed February 20, 2024, 6:59 PM ET
ticker WSC
CIK 0001647088
earnings
confidence high
sentiment positive
materiality 0.85
WillScot Mobile Mini Q4 revenue up 4% to $612M; FY23 Adj EBITDA $1.06B; FY24 guide $1.125-1.2B
WillScot Holdings Corp
2023-FY EPS reported
$2.36
revenue$2,364,767,000
- Q4 revenue $612M (+4% YoY); Adj EBITDA $288M (+7% YoY); margin 47.0% (+160 bps).
- FY23 revenue $2.365B (+10% YoY); income from cont ops $342M (+24%); Adj EBITDA $1.061B (+20%); margin 44.9%.
- FY23 Free Cash Flow $577M (+75% YoY); ROIC 18%; repurchased 18.5M shares for $811M (8.6% share count reduction).
- FY24 Adj EBITDA outlook $1.125-1.2B (6-13% growth); pending MGRC acquisition expected to close Q2 2024.
- Leverage 3.3x Net Debt/Adj EBITDA; weighted avg interest rate ~5.9%; no maturities before 2025.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.89
WillScot Holdings Corp reported financial results for the fourth quarter ended December 31, 2023.
- Period
- the fourth quarter ended December 31, 2023
- Result
- reported results
Exact text from the filing
On February 20, 2024, WillScot Mobile Mini Holdings Corp. issued a press release announcing financial results for the fourth quarter ended December 31, 2023, a copy of which is attached as Exhibit 99.1.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.86
WillScot Holdings Corp reported financial results for full year 2023.
- Period
- full year 2023
- Result
- reported results
Exact text from the filing
On February 20, 2024, WillScot Mobile Mini Holdings Corp. issued a press release announcing financial results for the fourth quarter ended December 31, 2023, a copy of which is attached as Exhibit 99.1.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.92
WillScot Holdings Corp updated its FY 2024 guidance (initiated).
- Period
- FY 2024
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Issued FY 2024 Adjusted EBITDA outlook range of $1,125 million to $1,200 million, representing 6% to 13% growth in our continuing operations versus 2023.
View on SEC.gov
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