Highest-materiality recent filing
WillScot Q1 revenue $549M, Adj. EBITDA $211M down YoY; raises FY guidance
Revenue $548.6M, net income $28.1M, diluted EPS $0.15 (adjusted $0.21) – all down YoY.
WillScot Q4 2025 net loss $187M; FY2026 revenue ~$2.175B, adj EBITDA ~$900M
Q4 revenue $566M down 6% YoY; net loss $187M vs $89M profit a year ago. Diluted EPS $(1.03).
WillScot Board approves network optimization plan; $303M accelerated depreciation in Q4 2025
Plan exits ~725 acres (115 locations, 25% of leased acreage) over 4 years; abandon 51,000 rental units with $311M NBV.
Q3 revenue $567M, net income $43M; cuts FY 2025 outlook due to AR write-offs and softer demand
Leasing revenue $434M, down 4.7% YoY; $24.5M write-offs reduced revenue vs $9M in Q3 2024.
Timothy Boswell to succeed Bradley Soultz as CEO effective Jan 1, 2026; Boswell also joins Board, increasing size to 11.
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)
WillScot Q1 revenue falls 4.6% YoY to $560M; EPS $0.23 vs $0.29; reaffirms outlook
Revenue $560M, net income $43M ($0.23 diluted EPS); vs Q1 '24 revenue $587M, net income $56M ($0.29 EPS).
WillScot issues $500M 6.625% senior secured notes due 2030; redeems $526.5M of 2025 notes
Issues $500M aggregate principal, 6.625% senior secured notes due 2030, priced at par.
WillScot Q4 2024 Revenue $603M, Adjusted EBITDA $285M, Initiates $0.07 Quarterly Dividend
Q4 2024 revenue $603M, gross profit margin 55.8%, income from continuing ops $89M, diluted EPS $0.48.
WillScot CIO Graeme Parkes departs effective Dec 31, 2024
Graeme Parkes, EVP & Chief Information Officer, left WillScot Holdings effective December 31, 2024.
WillScot Holdings appoints Tim Boswell as President/COO, Matt Jacobsen as CFO effective Jan 1, 2025
Tim Boswell transitions from President & CFO to new role as President & COO; Matt Jacobsen promoted from SVP Finance to CFO.
Revenue $601M, down 0.6% YoY; GAAP diluted loss per share $0.37; adjusted EPS $0.38.
WillScot terminates McGrath acquisition; pays $180M fee; increases buyback to $1B
Mutually terminated merger with McGrath (Nasdaq: MGRC) due to no path to clear FTC regulatory requirements.
Revenue $605M (+4%), GAAP loss $47M incl. $133M impairment; Adj. EPS $0.39.
WillScot Mobile Mini Q1 revenue $587M, free cash flow up 40%, McGrath acquisition on track
Q1 revenue $587M (+4% YoY); income from continuing ops $56M (down from $76M YoY).
WillScot Mobile Mini amends ABL facility to $4.45B for pending McGrath RentCorp acquisition
Sixth Amendment to ABL Facility increases revolving credit capacity to $4.45 billion, effective upon closing of the McGrath acquisition.
WillScot Mobile Mini & McGrath receive FTC Second Request for merger review
FTC issued Second Request to both WillScot and McGrath on Feb 21, 2024.
WillScot Mobile Mini Q4 revenue up 4% to $612M; FY23 Adj EBITDA $1.06B; FY24 guide $1.125-1.2B
Q4 revenue $612M (+4% YoY); Adj EBITDA $288M (+7% YoY); margin 47.0% (+160 bps).
WillScot Mobile Mini files Merger Agreement for cash-and-stock acquisition of McGrath RentCorp
Acquisition structured as two-step integrated merger; first step merges Merger Sub I into McGrath, then merged entity merges into Merger Sub II.
WillScot Mobile Mini acquires McGrath RentCorp for $3.8B, $123 per share cash or stock
Deal valued at ~$3.8B; McGrath shareholders elect $123 cash or 2.8211 WSC shares per share, 60% cash/40% stock mix.
On March 23, 2025, Erik Olsson, a member of the Board of Directors (the “Board”) of WillScot Holdings Corporation (the “Company”), informed the Board of his decision not to stand for reelection as a director at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).
On January 3, 2025, WillScot Holdings Corporation (the “Company”) disclosed that Graeme Parkes, the Company’s Executive Vice President – Chief Information Officer, departed from the Company effective December 31, 2024.
On October 22, 2024, the Board of Directors (the “Board”) of WillScot Holdings Corporation acted to increase the size of the Board from 9 to 10 members and appointed Worthing Jackman to serve as a member of the Board to fill the vacancy created by that increase, effective immediately.
Max materiality 0.90 · Median 0.60 · Most common event earnings