WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024)
WillScot Holdings' (WSC) Interest Coverage Ratio stood at -0.63 in Q3 2024, compared with 3.31 a year earlier.
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Analysis
WillScot Holdings (WSC) Interest Coverage Ratio (2017 - 2024) Analysis & Trends
On a TTM basis, WillScot Holdings' Interest Coverage Ratio came in at 1.17 as of Sep 30, 2024, down 66.5% year-over-year; for FY2023, it came in at 3.28, down 6.1% from FY2022.
- Across earlier years, Interest Coverage Ratio came in at 3.50 in FY2022 (+35.5%), 2.58 in FY2021 (+90.4%), 1.36 in FY2020 (+41.3%) and 0.96 in FY2019.
- The Q3 2024 figure is the lowest quarterly Interest Coverage Ratio since Q4 2017.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last six quarters, with growth averaging 2.3%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 316.0% in Q3 2021, against a decline of 32.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.09 (Q2 2024), 2.30 (Q1 2024) and 3.00 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.60 Bn | 64.36 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 63.00 Bn | 60.59 Bn | 1.98 Bn | - |
| 3 | Fastenal | 59.46 Bn | 58.38 Bn | 1.06 Bn | 418.17 |
| 4 | Ferguson Enterprises | 44.25 Bn | 41.47 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.55 Bn | 31.43 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.27 Bn | 20.31 Bn | 1.30 Bn | 24.26 |
| 7 | Wesco International | 16.75 Bn | 14.07 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 12.40 Bn | 12.27 Bn | 411.22 Mn | - |
| 9 | Watsco | 11.51 Bn | 9.20 Bn | 578.93 Mn | - |
| 10 | WillScot Holdings | 2.95 Bn | 2.89 Bn | 306.26 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();