WillScot Holdings (WSC) Gross Margin (2016 - 2026)
WillScot Holdings' Gross Margin came in at 50.03% for Q2 2026, down 0.23 percentage points from 50.26% a year earlier and down 2.04 percentage points from the prior quarter.
WillScot Holdings (WSC) Gross Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, WillScot Holdings reported Gross Margin of 50.54%, down 2.78 percentage points year-over-year; for FY2025, it came in at 51.00%, down 3.34 percentage points from FY2024.
- Gross Margin carries a five-year change of +3.21 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 54.34% in FY2024 (-2.07 pp), 56.41% in FY2023 (+3.41 pp), 52.99% in FY2022 (+2.50 pp) and 50.49% in FY2021 (+2.70 pp).
- The five-year range for quarterly Gross Margin is 49.68% (Q3 2025) to 57.14% (Q1 2023).
- Year-over-year, Gross Margin has declined for ten consecutive quarters, with an average year-over-year change of -2.26 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2022 (a gain of 5.28 percentage points), and the weakest in Q4 2025 (a drop of 5.37 percentage points).
- Business Quant data shows WSC's Gross Margin at 52.07% (Q1 2026), 50.45% (Q4 2025) and 49.68% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 39.27% |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 39.51% |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 44.56% |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 28.09% |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 21.85% |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 30.40% |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 27.50% |
| 10 | WillScot Holdings | 2.84 Bn | 2.77 Bn | 306.26 Mn | 50.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.03% |
| Mar 31, 2026 | 52.07% |
| Dec 31, 2025 | 50.45% |
| Sep 30, 2025 | 49.68% |
| Jun 30, 2025 | 50.26% |
| Mar 31, 2025 | 53.68% |
| Dec 31, 2024 | 55.82% |
| Sep 30, 2024 | 53.45% |
| Jun 30, 2024 | 54.11% |
| Mar 31, 2024 | 53.97% |
| Dec 31, 2023 | 56.04% |
| Sep 30, 2023 | 56.16% |
| Jun 30, 2023 | 56.33% |
| Mar 31, 2023 | 57.14% |
| Dec 31, 2022 | 55.60% |
| Sep 30, 2022 | 51.54% |
| Jun 30, 2022 | 52.63% |
| Mar 31, 2022 | 51.88% |
| Dec 31, 2021 | 53.57% |
| Sep 30, 2021 | 50.90% |
WillScot Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();