WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024)
WillScot Holdings (WSC) reported Interest Coverage Ratio of 0.63 for 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.
WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024) Analysis & Trends
WillScot Holdings (WSC) has 8 years of Interest Coverage Ratio data on file, last reported at 0.63 in Q3 2024.
- Interest Coverage Ratio for Q3 2024 came in at 0.63, down 119.06% year-over-year; the trailing twelve-month figure through Jun 2025 was 6.91 (up 223.84% YoY), and the FY2023 annual result was 3.28, down 6.07% from the prior year.
- Interest Coverage Ratio declined to 0.63 in Q3 2024 per WSC's latest filing, 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.
- The sharpest annual moves came in 2021 and 2024: Interest Coverage Ratio surged 316.0% in 2021, then sank 119.06% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.09 in 2020, then fell by 18.08% to 2.53 in 2021, then jumped by 51.7% to 3.84 in 2022, then decreased by 22.03% to 3.0 in 2023, then tumbled by 121.05% to 0.63 in 2024.
- Business Quant data shows WSC's Interest Coverage Ratio at 0.63 in Q3 2024, 0.09 in Q2 2024, and 2.3 in Q1 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 90.76 |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 0.14 |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | -0.48 |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | - |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | - |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | - |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 6.68 |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | - |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | - |
Historic Data
Download 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 |