secwatch.observer — SEC 8-K summary
======================================

Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001647088-25-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Q2 revenue $589M, Adj. EBITDA $249M; narrows FY2025 outlook
--------------------------------------------------------------------

- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000164708825000044/0001647088-25-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000164708825000044/wsc-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001647088-25-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer