WillScot Holdings (WSC) Interest Expenses (2017 - 2024)
WillScot Holdings (WSC) reported Interest Expenses of $55.8 million for Q3 2024, up 3.75% year-over-year from $53.8 million in Q4 2023, and little changed quarter-over-quarter from $55.5 million in Q2 2024.
WillScot Holdings (WSC) Interest Expenses (2017 - 2024) Analysis & Trends
WillScot Holdings (WSC) has 8 years of Interest Expenses data on file, last reported at $55.8 million in Q3 2024.
- Interest Expenses for Q3 2024 came in at $55.8 million, up 3.75% year-over-year; the trailing twelve-month figure through Jun 2025 was $55.8 million (down 75.2% YoY), and the FY2023 annual result was $205.0 million, up 40.17% from the prior year.
- Interest Expenses was little changed at $55.8 million in Q3 2024 per WSC's latest filing, from $55.5 million in the prior quarter.
- Over five years, Interest Expenses peaked at $59.1 million in Q4 2023 and troughed at $28.3 million in Q1 2020.
- A 5-year average of $39.8 million and a median of $33.2 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses decreased 12.19% in 2021, then jumped 55.95% in 2022.
- A 5-year view of Interest Expenses shows it stood at $29.5 million in 2020, then fell by 3.2% to $28.6 million in 2021, then soared by 55.95% to $44.5 million in 2022, then surged by 32.73% to $59.1 million in 2023, then dropped by 5.58% to $55.8 million in 2024.
- Business Quant data shows WSC's Interest Expenses at $55.8 million in Q3 2024, $55.5 million in Q2 2024, and $56.6 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 371,000.00 |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 97.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 229.00 Mn |
| 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 | 6.50 Mn |
| 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 | 55.82 Mn |
| Sep 30, 2024 | 55.82 Mn |
| Jun 30, 2024 | 55.55 Mn |
| Jun 30, 2024 | 55.55 Mn |
| Mar 31, 2024 | 56.59 Mn |
| Mar 31, 2024 | 56.59 Mn |
| Dec 31, 2023 | 59.13 Mn |
| Dec 31, 2023 | 59.13 Mn |
| Sep 30, 2023 | 53.80 Mn |
| Sep 30, 2023 | 53.80 Mn |
| Jun 30, 2023 | 47.25 Mn |
| Jun 30, 2023 | 47.25 Mn |
| Mar 31, 2023 | 44.87 Mn |
| Mar 31, 2023 | 44.87 Mn |
| Dec 31, 2022 | 44.55 Mn |
| Dec 31, 2022 | 44.55 Mn |
| Sep 30, 2022 | 38.01 Mn |
| Sep 30, 2022 | 38.01 Mn |
| Jun 30, 2022 | 33.15 Mn |
| Jun 30, 2022 | 33.15 Mn |