WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024)
WillScot Holdings (WSC) posted quarterly Interest Coverage Ratio of 2.96 for Q1 2026, up 45.13% year-over-year from 2.04 in Q1 2025, and up 248.42% quarter-over-quarter from 2.0 in Q4 2025.
Analysis
WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024) Analysis & Trends
WillScot Holdings (WSC) has reported Interest Coverage Ratio for 12 consecutive years, with 2.96 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 45.13% year-over-year to 2.96; the TTM figure through Mar 2026 stood at 0.66 (down 43.58% YoY), while the FY2025 annual figure was 0.78, down 32.49% from the prior year.
- Interest Coverage Ratio improved to 2.96 in Q1 2026 per WSC's latest filing, from 2.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 19.48 in Q3 2025 and bottomed at 2.0 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 3.56 across 5 years, with a median of 3.31 in 2023.
- On a YoY basis, Interest Coverage Ratio climbed as much as 3187.14% in 2025 and fell as far as 155.19% in 2025.
- WillScot Holdings' Interest Coverage Ratio stood at 5.96 in 2022, then retreated by 23.66% to 4.55 in 2023, then dropped by 20.44% to 3.62 in 2024, then sank by 155.19% to 2.0 in 2025, then jumped by 248.42% to 2.96 in 2026.
- Business Quant data shows WSC's Interest Coverage Ratio at 2.96 in Q1 2026, 2.0 in Q4 2025, and 19.48 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.34 Bn | 30.31 Bn | 978.00 Mn | - |
| 2 | AerCap Holdings | 25.16 Bn | 25.16 Bn | - | 2.70 |
| 3 | Ryder System | 9.39 Bn | 9.39 Bn | 1.45 Bn | -17.64 |
| 4 | Gatx | 6.25 Bn | 6.25 Bn | 555.30 Mn | - |
| 5 | Avis Budget | 5.18 Bn | 4.62 Bn | - | 1.21 |
| 6 | Herc Holdings | 5.08 Bn | 5.04 Bn | 713.00 Mn | - |
| 7 | EquipmentShare.com | 4.46 Bn | 4.02 Bn | 411.00 Mn | 1.29 |
| 8 | WillScot Holdings | 3.73 Bn | 3.73 Bn | 306.26 Mn | - |
| 9 | Mcgrath Rentcorp | 2.76 Bn | 2.76 Bn | 107.91 Mn | 7.49 |
| 10 | Custom Truck One Source | 2.09 Bn | 2.08 Bn | 123.97 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 |