earnings
confidence high
sentiment neutral
materiality 0.70
WillScot Q2 revenue $589M, Adj. EBITDA $249M; narrows FY2025 outlook
WillScot Holdings Corp
2025-Q2 EPS reported
$0.49
revenue$1,148,634,000
- Revenue $589M, net income $48M, diluted EPS $0.26; leasing revenue $443M (-3.4% YoY, +2.0% sequential)
- Adjusted EBITDA $249M (42.3% margin); Adjusted free cash flow $130M (22.1% margin)
- Narrowed FY2025 revenue outlook to $2.30-2.35B; Adj. EBITDA to $1.00-1.02B; FCF guidance raised to $500-550M
- Deployed $134M in tuck-in acquisitions; returned $53M via buybacks and dividends ($0.07/share)
- Net debt/Adjusted EBITDA 3.6x; total debt $3.7B; liquidity $1.6B
item 2.02item 9.01