WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024)
WillScot Holdings' (WSC) quarterly Interest Coverage Ratio came in at 0.63 in Q3 2024, down 119.06% year-over-year from 3.31 in Q4 2023, and down 569.81% quarter-over-quarter from 0.09 in Q2 2024.
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Analysis
WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024) Analysis & Trends
WillScot Holdings (WSC) has reported Interest Coverage Ratio for 8 consecutive years, with 0.63 the latest figure, recorded in Q3 2024.
- On a quarterly basis, Interest Coverage Ratio fell 119.06% year-over-year to 0.63 in Q3 2024; TTM through Sep 2024 was 1.17, a 66.49% decrease from a year earlier, with the FY2023 full-year figure at 3.28, down 6.07% from the prior year.
- Interest Coverage Ratio was 0.63 for Q3 2024 at WillScot Holdings, down from 0.09 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.84 in Q4 2022 and troughed at 0.63 in Q3 2024.
- A 5-year average of 2.39 and a median of 2.67 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 316.0% in 2021 and slumped 119.06% in 2024, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 3.09 in 2020, then declined by 18.08% to 2.53 in 2021, then soared by 51.7% to 3.84 in 2022, then retreated by 22.03% to 3.0 in 2023, then plunged by 121.05% to 0.63 in 2024.
- The last three Interest Coverage Ratio figures came in at 0.63 (Q3 2024), 0.09 (Q2 2024), and 2.3 (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 1.29 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 7.49 |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -10.27 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -0.63 |
| Jun 30, 2024 | -0.09 |
| Mar 31, 2024 | 2.30 |
| Dec 31, 2023 | 3.00 |
| Sep 30, 2023 | 3.31 |
| Jun 30, 2023 | 3.52 |
| Mar 31, 2023 | 3.38 |
| Dec 31, 2022 | 3.84 |
| Sep 30, 2022 | 3.80 |
| Jun 30, 2022 | 3.44 |
| Mar 31, 2022 | 2.67 |
| Dec 31, 2021 | 2.53 |
| Sep 30, 2021 | 3.15 |
| Jun 30, 2021 | 2.42 |
| Mar 31, 2021 | 2.51 |
| Dec 31, 2020 | 3.09 |
| Sep 30, 2020 | 0.76 |
| Jun 30, 2020 | 1.44 |
| Mar 31, 2020 | 0.90 |
| Dec 31, 2019 | 1.35 |
API Access
WillScot Holdings Interest Coverage Ratio 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=interest-coverage-ratio&ticker=WSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=WSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();